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Tocumen airport serving Panama City, Panama is fast becoming the major hub airport for all of Latin America. From the airport it is a twenty minute taxi ride into downtown Panama. Twenty minutes inland from Tocumen takes you up a thousand feet or more into cooler, dryer air, into the mountains of Central Panama. Blue Mountain in Spanish, the real estate at Cerro Azul is Panama real estate at its best. Cerro Azul real estate in Panama has close access to a major international airport, shopping and entertainment in Panama City, and seclusion in a tropical mountain paradise.

Throughout Panama there are similar secluded hideaways but in Panama only Cerro Azul real estate has close access to the capital city and to the country's major airport. Wake up in the morning to a Pacific sunrise. Watch the Toucans perch in the trees in your back yard in the evening. Less hot and humid than the coastal areas of Panama, Cerro Azul real estate is still the tropics and there is no such thing as snow.

If you continue on the same road that took you to your Cerro Azul real estate in Panama you will drive into Chagres National Forest to the Chagras River. There, weekly expeditions raft down to Lake Gatun, the central passage of the Panama Canal. If you look up while in Chagres National Forest you might see a flash of color as a flock of parrots flys overhead.

Why Cerro Azul real estate in Panama, Why Panama

Cerro Azul real estate in Panama benefits from a number Panamanian laws and regulations. Americans can own property in Panama. New construction in Panama is free of property taxes for twenty years. Mortgage interest is subsidized on mortgages less than $60,000. These and all property laws apply to foreign residents as well as Panamanian citizens. The dollar circulates as paper currency in Panama. There is no need to exchange currency and money banked here as dollars becomes Balboas. When you take it out of the bank it is dollars again.

With large foreign investment the economy in Panama is thriving. Employment is high and the country is stable with a democratically elected government. The Panama Canal expansion and other large projects are attracting skilled workers from all over Latin America.

Retirement to Panama is catching on with increasing numbers of Americans. $500 plus $100 per dependent each month from Social Security or any pension qualifies you for a resident visa. You will be a "jubilado" (pronounced hoo bee la doe) and qualify, along with Panamanian retirees, for discounts on health care, prescription medications, restaurant entrees, movies, your electric bill, and more. If you pay $200,000 or more for Cerro Azul real estate in Panama, or any other location, you are a "person of means" and also qualify for residency. The same person of means residency applies if you put $200,000 in a CD in one of the many local banks. In any case when you are enjoying your life in the tropics don't forget to renew your residency every five years.

Think of Cerro Azul real estate in Panama and think of life in paradise.