Is Panama The New America



Panama fun facts.
1 - Panama has NO hurricanes
2 - Panama has a thriving Metropolitan city in Panama City
3 - Panama has secure banking institutions
4 - Panama has a climate for everyone, city, beaches, mountains
5 - Panama uses the US Dollar as its currency
6 - Panama is a short flight from many major cities in the USA
7 - Panama has many English speaking folks, Spanish is the main language
8 - Panama welcomes foreigners to live and work.

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Wednesday, January 25, 2012

Panama Canal Update

Day 117 Wednesday (Miercoles) - Playa Coronado

Many things are happening here in Panama and it is no surprise that the Panama Canal is at the center of it all. The Canal is going through a massive widening process that will allow larger ships to cross through the Canal from the Pacific to the Atlantic Oceans.  Along with the widening of this 7th wonder of the world, there is also new bridge construction that is needed.  The infamous "Bridge of the Americas" is getting old, needs repairs, and also it cannot accommodate the new taller cruise ships, sooooo this poor bridge will need to be demolished and a new higher bridge over the Canal needs to be constructed. All this plus the new Metro line being dug and built throughout the city is creating a 1st world transportation city down here in Panama.  With all these projects going on it has held unemployment at an incredibly low 2.5%.  Take note, Panama is growing and heading straight for the future.

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