Panama is located on the Eastern end of the Isthmus of Panama, a land bridge that connects North and South America. Panama offers better quality of life compared to other countries in the region. This allows better incomes and spending patterns.
The Panamanian Government is a constitutional democracy that promotes free competition, which benefits the development of free trade and market to consumer goods and services. In addition, Panamanian immigration laws for retirees have been revised and now the requirements are minimal.
Its economic success is the result of its international banking system which is integrated to the most important financial markets in the world. Panama has the highest per capita income in Central America.