Newly Arriving Expats Stay Oriented with Panama-Guide.com

The waters are sometimes confusing for newly arriving baby-boomers, tourists and businessmen. With an expansion of the Panama Canal and other billion dollar infrastructure projects on the horizon, English speaking expatriates turn to Panama-Guide.com to find their way.

Panama City, Panama, July 18, 2006 --(PR.com)-- Retiring baby boomers continue to find hidden value in Panama's real estate market, developers and builders are working around the clock to meet the demand with expanded offerings and new projects, and the Panamanian government is adjusting to the influx of newly arriving expatriates from around the world. English-speaking "expats" increasingly turn to Panama-Guide.com to keep their fingers on the pulse of their adopted slice of "paradise."

"Many people find there's an informational vacuum," said Don Winner, Panama Guide's owner and managing editor.  "Language is one of the primary barriers retirees have to deal with.  Local print and broadcast media is all in Spanish and people like to know what's going on.  Also, most of the other Panama-related websites are trying to sell something and many people find it difficult to discern fact from hype" he added.

That's where Panama-Guide.com comes in.  "We monitor the local and international media, sort out political infighting, and keep people informed on themes and subjects important to the expatriate community.  We don't sugar-coat anything and simply let the news tell the truth about what's going on."  Winner first arrived in Panama in 1987 and has lived in the country for the past twenty years.  "I witnessed the end of the 21-year military dictatorship and have since had the pleasure of watching democracy take hold and the economy rebound with gusto."

Panama is enjoying period of steady economic growth and improvement in many sectors, led by a construction boom, planned infrastructure upgrades and fueled by low interest rates. Today Panama's President Martin Torrijos signed a bill into law establishing Sunday, 22 October 2006, as the date for a national referendum on the $5.25 billion dollar canal expansion plan.  Panama's skyline is being transformed by the 155 highrise construction projects currently in different phases of planning or completion.  In addition new developments are being built along Panama's beaches and in the highland regions specifically targeted to attract foreign direct investment. There are plans to build a new $6.5 billion dollar regional refinery to ease energy costs and a "mega-port" to expand container handling capacity. In addition a $350 million dollar cleanup of the Bay of Panama is already underway.

As the owner or moderator of several of the largest and most popular Panama-related email chat forums, Don Winner is in a good position to know what's on the minds of the expatriate community. "I found we would keep answering the same questions over and over again as new people joined the groups, and Panama-Guide.com grew out of that need." Winner manages the americans_in_panama, Panama_Real_Estate, viviendo_en_panama and other Yahoo! email chat groups with a combind membership of almost 10,000 readers.

Panama is a popular retirement destination primarily because of the economic advantages and lower costs of living relative to the United States, Canada and Europe.  The currency is the US dollar which insulates investors from currency swings, there are world-class medical facilities, and Panama is  relatively safe travel destination.  "Panama is much safer than most major cities in the United States, but it's amusing to see an 'expert' on Panama continue to make reference to the famous 'Pinkerton' report that we and other websites have debunked several times" Winner added.

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Panama Guide.com
Don Winner
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www.panama-guide.com
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