1913 Intel

International Conflict, Western World Threats and Geopolitical Intelligence

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Panama City: A boomtown with growing pains

Posted by Matt in June 19th, 2008

Attracted by the climate, favorable tax policy and laid-back lifestyle, home buyers and investors are flocking here from Venezuela, Colombia, Ecuador, Europe and the United States.

The skyline increasingly resembles a mini-Sao Paulo, a dense forest of steel and concrete towers that includes dozens of new high-rise condominiums and apartment buildings. (Not enough of the buildings are hotels, apparently, because room rates have doubled in the last two years.)

Published: June 1,2008

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Video: A retirement in Panama: Everything under the sun

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Published in Americas, , , , , , , , , , , , , , , , , , , , , , , ,

Map for Panama City, Panama

[Countries link to CIA Factbook. States link to Wikipedia.]


Flickr Tags: Panama+City, +Panama, +Life







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