
Panama is located on an isthmus that connects northamerica from southamerica for which is considered a transcontinental nation. It’s an international business center for its strategic position and also a transit country between the Caribbean Sea and Pacific Ocean.
It is bordered by Costa Rica to the north-west, Colombia to the south-east, the Caribbean Sea to the north and the Pacific Ocean to the south.
The panamanian currency is the balboa, fixed at parity with the U.S.A. from the year 1903 but its a dollarized country since it has its own coinage but uses US dollars for the paper currency.
It’s geographic location, the Panama Canal construction, the Free Trade Zone in Colon, and the fact that is practically exent from taxes makes this an exclusive place for business and tourism.
It is a small but diverse country where you can contemplate the sunrise in the Caribben Sea and the sunset in the Pacific Oceean on the very same day; you can enjoy the white sand beaches, the rain forest, mountains, indian tribus, historial monuments and a lot more.
Main attractions in Panama city: