Sunday, August 12, 2007

Panama shows no signs of change in its upward progress

Development in Panama is moving full speed ahead. The condominium market is attracting the American retiree population, as well as many other buyers from North and Latin America and investors from Europe, Asia and the Middle East. Whether investing or relocating Panama has many reasons why this region has been attracting people for several years and will it seems continue to do so. Panama's economy has steadily increased in recent years and the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with Panama, which found that the economy grew a healthy 4% in real terms last year following two years of weak growth.

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