Are there a lot of tourists visiting Panama?
Very few foreigners, particularly Americans, consider Panama as a travel destination…and even fewer think of it as a “retirement haven.” Look at the numbers: In 1998, the last year for which the World Tourism Organization has tourist figures, the country’s total overnight visitor count was 431,000…100,000 of whom came from the United States. To put this in perspective: Panama gets about as many American tourists in a year as Disneyland sees in three days! Panama has a long way to go before it can rival its northern neighbors Mexico and Costa Rica, for example, as a tourist destination. But this is good news for investors…because it means prices are still very low. And the upside potential is great.
