Panama Moves Quickly to Take Advantage of the Growing Demand for Retirement Communities
Summary
Panama Moves Quickly to Take Advantage of the Growing Demand for Retirement Communities With the dramatic increase in demand for retirement communities in Central America, Panamas private and public sectors are moving quickly to take advantage of this economic powerhouse by building master planned communities, passing new laws and restructuring government offices to minimize the red tape, while still protecting the culture and environment of the country.With over 60 master planned communities now under development, Panama has surpassed other Central American countries in attracting foreigners looking for a better climate, first world infrastructure and comprehensive health care services.Local and foreign real estate developers have moved quickly to design and build a variety of lifestyles communities featuring golf courses, country clubs, marinas and other amenities throughout the country.Panamanian officials realize the important economic impact this immigration has on the economy and are working with the private sector to enact laws to streamline this activity and at the same time protect the environment and culture.Keep up with investment opportunities, construction and development in Panama by signing up for a free weekly email of news and commentary by Sam Taliaferro.Prima offers discount travel and provides marketing services to the many real estate development in Panama.###