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Modern Maturity magazine (the AARP magazine with the largest
circulation of any consumer magazine in the world – upward of 20 million subscribers) recently rated Boquete as the fourth-best retirement destination in the world. |
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International Living's Global Retirement Index 2005 rated Panama as the #1 best place in the world to retire. |
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Fortune magazine's 2005 Retirement Guide chose Boquete as one of the five best places in the world to retire. |
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Political Risk Services named Panama one of the top three countries in the hemisphere for best-risk investments. |
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According to The Fraser Institute in Canada, Panama is at the top of the list of the world's freest economies, ranked eighth with Australia, Ireland, the Netherlands, and Luxembourg. |
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A live-in maid (Monday-Saturday) who will cook, clean and do laundry only costs $150-250 per month. Who wants to live like a king? |
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Panama's government, modeled after the United States', is a constitutional democracy with an executive, legislative and judicial branch. |
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Shares of The Panama Railroad, instrumental in the construction of the Panama Canal, was at one time the highest priced stock on the New York Stock Exchange at $295 per share. |
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The largest building in Latin America, a 350-meter (1148 ft), 97-story tower, called Palacio de Bahia (Bay Palace) will be built in Panama City, at an estimated cost of US$130 million. The tower will host a hotel, offices, shops, a rotating restaurant, a heliport and offer views of both the Atlantic and Pacific Oceans from the upper stories. |
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More than 30% of Panama is protected through 15 national parks, 5 forest preserves and 10 wildlife refuges. |
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With 3,502 miles (5,637 kilometers) of coastline and more than 1,518 islands (1,023 in the Caribbean and 495 in the Pacific), Panama has more beaches than you can imagine. |
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At its narrowest distance, only 50 miles (80 kilometers) of land separates the Atlantic from the Pacific Ocean. |
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More species of birds live in Panama than in the United States and Canada combined! |
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Panama is home to over 10,000 different plants species, including 1,200 varieties of orchids, 678 ferns and more than 1,500 varieties of trees. |
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Five different areas within Panama have been declared World Heritage sites by UNESCO. |
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Panama has been the site for multi world records in the areas of bird watching and fishing. |
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The President and Chief of State is Martin Torrijos (Espino), who received two degrees from Texas A&M University (Economics and Political Science). |
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It is suspected that the Portobello Bay (near Isla Grande) in the Caribbean Sea contains one of Christopher Columbus' ships and at least 20 other shipwrecks. It is also the final resting place of famed explorer, Sir Francis Drake. |
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Panama has the 2nd largest number of offshore-registered companies after Hong Kong. |
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Decree Law #9 provides fantastic incentives to anyone interested in developing, investing or restoring/renovating in Panama City´s historic district, Casco Viejo. |
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Over 40 banking laws exist in Panama to protect the business nature of foreigners, such as banking privacy laws, as well as foreign/local investor equality laws. |
