When you hear the President speak it’s no wonder Panama is flourishing under his leadership. Although the interviewer, in typical FOX fashion, comes across as an arrogant, ignorant ass - regrettably reinforcing the stereo typical image of the condescending American -  Martinelli carries himself with class and as a confident yet humble leader – something the interviewer would be wise to observe.

Regardless, the interview and some of the pop-up stats give one a good idead why Panama continues to be one of the Best Places to Retire.

It’s interesting to note Martinelli discussing and affirming Panama as a ‘service’ based economy. It certainly leads credence to the idea of Panama continuing to develop as a premier retirement destination and also for regular tourism.

Of course the nice part about invest ing in Panama and Panama Real Estate in particular is the fact they have one of the best and safest ways to register land. Unlike the dodgy and easily abused U.S. system Panama uses the Torens system of land registry whereby titles are registered in a central, nation wide system.

This interview also points out Panama having on of the highest ranking economies in terms of competitiveness and the fact Panama’s economy grew over 6% in the past year.

Check it out -

Of course economic growth and stability is another reason to consider investing in Panama and why I maintain Panama is the Best Place to Invest your retirement savings.

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On 27 March La Prensa reported that the government has allocated $283 million dollars to expand several highways. The size of the expenditure and the location of the changes broadcasts the intent. Panama wants more residential tourism, more immigration of people with money into the interior of the country.

Divisa to Chitre gets four lanes, this is the gateway to the Azuero Peninsula, a rapidly developing area of beaches.

San Felix to David gets four lanes, this part of the Interamericana between David and the Capital currently has no passing lanes. This will make the trip to David from Panama City much faster and safer.

Finally four lanes from David to the little mountain pueblo of Boquete Panama. I can report the survey crews are all over this project already.  I have no idea how or even why they are doing this unless they also plan to eventually continue the road on to Bocas del Toro.

Boquete is now a dead end and although four lanes will make the ride to David faster and less dangerous the current need is not there. This is an investment in Boquete.

If you are here and can remember 3 years back in time and look at the changes and investment in both David and Boquete over three years the effect is startling.  David has a major shopping center with a large three story department store, Conway. It has new hotels, it has new restaurants, now retail stores. I notices today a BMW dealer is opening, Honda opened last year. The cow town is in transition, fast.

This government is following through on the expansion of the David Airport so Copa and other airlines can stop here. They want the wild west of Panama to grow, fast.

If you are  from the school of thought that says get in when things are about to explode and profit from it, this is the time to jump on Western Panama. If however you are from the group that came here because it was not Florida or Arizona, it might be time to start looking for alternatives.

When I arrived I felt I had entered a time machine and went back fifty years, now it is only thirty, soon there will be continuity with North America. I am not sure if this is good for anyone, except the investors and the people who want to terraform Panama into another mini USA. Panama is an opportunity now but the change might destroy the very essence of why I am here.

By Lee Zeltzer of boqueteguide.com

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The Festival seeks to create a scholarship fund that will help young Chiriqui musicians attend workshops at the annual Panama Jazz Festival and provide them with musical instruments. The Festival also hopes to fund other projects like the Summer Music Camp and programs for children at risk.

Antonio Singh, director and founder of the Boquete Jazz Festival, says that the working committee, residents of Boquete and David, is working on the final details of the Festival.

The 2010 Festival will feature international artists such as: Atila, a young Englishman with a voice that is captivating the stages of Europe. He recently released his debut album, “Hello Young Lovers”, and despite his youth has been impressing audiences with a sound made famous by artists like Frank Sinatra, Dean Martin and others. Atila begins his tour of the Americas with his quintet by participating in the Boquete Jazz Festival.

The Jon Day Jazz Quartet, based out of South Carolina, performs everything from jazz standards to modern jazz to original compositions.

Led by the smooth sounds of the internationally renown Canadian trumpeter, pianist, composer and arranger, Jon Day, this quartet will entertain and capture the imagination of all music lovers, leaving them eager for more.
Bannaba Project de Panama fuses the rhythms of the flutes of the Kuna with the saxophone, producing a vibrant mix of sounds and cultural dance. This group has been recognized internationally for its performances in the United States.

Local bands participating in the 2010 Festival include: Outside Chiriqui Jazz Band, directed by Quelvín Delgado, one of the winners of the Danilo Perez Foundation Scholarship; Sin Ensamble Jazz Quartet, featuring saxophone and guitar playing Jazz and 8 to 14 years old playing Latin Jazz; and the Fantasy Jazz Band, comprised of members of the Festival committee and outstanding young musicians from David playing Jazz standards.

Tickets are available in Valle Escondido, Boquete Bistro, Ana’s Sweet, Oasis Hotel & Restaurant and Cocina Rica (David) and Radio Chiriqui.

For more information, visit the Festival website at http://boquetejazzfestival.comTechnorati Tags: Jazz Fesitval, Boquete Panama

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This contributes to the safety of Panama and continues to make it the Best Place to Retire.
A preliminary agreement on the bases was reached recently in New York between Panamanian President Ricardo Martinelli and US Secretary of State Hillary Clinton.

A final treaty is expected to be inked in the coming days, reported Panama’s La Prensa newspaper, according to Russia’s RIA Novosti.

“The US and Panama will sign before October 30 an agreement on the deployment of two naval bases on the pacific coast of our country to fight international drug-trafficking,” Minister of Government and Justice Jose Raul Mulino said Sunday.

“One of the bases will be located in Bahia Pina…450 kilometers [280 miles] east of the capital, Panama City, and another one – in Punta Coca about 350 km [217 miles] west of the capital,” Mulino added.

The US dismantled all its bases in Panama and withdrew its military forces from the country at the end of 1999 in accordance with the Panama Canal treaties.

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