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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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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