- Republic of Panama takes up similar territory as Lithuania, Austria or Ireland.
- Coastline of Panama is 961 miles long (1548 km).
- The lowest point in Panama is 0 m, which is the level of Pacific Ocean, the highest point is 11.401 ft. above the sea level (3475 m) – Volcano in province of Chiriquí.
- The population of Panama is just slightly more than 3.5 million.
- Panama is divided into nine provinces, with their respective local authorities (governors) and has a total of ten cities. Also, there are five Comarcas (literally: "Shires") populated by a variety of indigenous groups, which take up substantial territory of the country.
- Panama's politics take place in a framework of a presidential representative democratic republic.
- Panama is located between the Caribbean Sea and the Pacific Ocean and is bordered by Costa Rica and Colombia.
- Most of the countries don’t need visa to enter Panama.
- Panama Canal was built between 1904 and 1914 by the US army engineers.
- The only railway ever constructed in Panama is considered the most expensive in history.
- Taxi in Panama is extremely inexpensive as one trip can cost between $1.50 and $4.00 and it is not common to leave tips. Nevertheless, the trip to the international airport can be really expensive and cost up to $50.
- Real estate broker’s commission is around 5% and is paid by a seller, not buyerin Panama.
- The current president of Panama is Juan Carlos Varela.
- Fulltime housekeeper in Panama could charge as low as $200-300 per month. This includes cleaning and cooking 7-8 hours per day, 5 days a week plus often Saturdays till noon. According to the government, minimum wage for such jobs is $120 per month.
- Panama is a member of World Trade Organization (WTO), also the country possesses a number of Free Trade Agreements.
- Colon free zone is the largest free trade zone in the western hemisphere and the second after Hong Kong.
- Panama doesn’t have an army.
- Panama stimulates foreign investments and construction. There are number of laws in the country that make real estate purchase incredibly appealing, like 20 years tax exemption on the new properties for foreign investors.
- Panama is the second largest offshore company zone after Hong Kong.
- Panama in comparison with its neighbors is free of any type of natural disasters including hurricanes and earthquakes.
- Panama is only 2 and ½ hours flight from Miami.
- In colonial times Panama used to be the financial center of gold and silver mining of Europe.
- It is assumed that one of the ships of Christopher Columbus was shipwrecked in the bay of Portobelo. It is known that at least 20 other ships remain lying under these waters.
- Local beer is extremely cheap in Panama. Average price is around $0.50 per bottle (in supermarkets).
- Investments in the amount of $300 thousand will give you the right to apply for Investor Visa and permanent residency.
- Panama is considered one of the best places for retirement around the world (the best one in 2013).
- The currency of Panama is US dollar.
- Panama has implemented numerous laws in favor of protection of international business. Among examples, there is full prohibition of disclosure of any bank information, and equal rights to both local and foreign enterprises.
- Law No. 9 of the Republic of Panama offers fantastic opportunities for those investing in restoration of Casco Viejo (historic district of Panama City).
