What can Panama do better?
  • Panama, like so many other emerging nations, has no lasting rubbish and recycling system. There is no garbage separation and trash finds its way to unfiltered tips.
  • The education system for the population at large needs to be improved. There are of course great numbers of state schools in Panama, but the quality of these compares badly to the private, international schools which are also found here.
  • The difference between Panama City as a modern metropolis and the rest of the country is significant in terms of income, education and infrastructure
  • While corruption is being fought on a broad scale, the country hasn`t yet reached the standards of industrial nations. The Varelas government, which has been in power since 2014, is striving to improve the situation. It still has a lot of work to do however.
  • After the Panama Papers, the government signed an OECD agreement in October 2016. This allows for the future exchange of international financial data. Further steps leading to more transparency should also ensue.
  • Despite Panama City`s first metro links, there are still a lot of traffic jams on the roads. Car ownership is part of the general culture and often leads to far too many vehicles placing a burden on the transport network. This will hopefully soon improve through additional metro links, the introduction of modern buses and the construction of bus lanes.

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

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