Tuesday, January 6, 2009

Panama Growth May Stumble, Will Survive Ultimately

ThinkPanama.com has reported that amid global recession and financial plague, Panama will persevere….

Currently, Panama’s economy has not really been affected by the global recession. However, with more condos to be released onto the market, there will be a number of ‘distressed sellers’ in 2009.

However, the site also claims that there will be another wave of buyers coming to Panama. Many expect young, international buyers as well as companies that will be coming to Panama to set up global operations. Many will be drawn to the nature and the tropical weather, others will be drawn to he fact that Panama City is an international city that is one of the most globalized countries in Latin America since the Panama Canal expansion. 2009 is expected to deliver 3-4% in economic growth…..

Come experience real estate in Panama!!! Visit our site at panama-land-for-sale.com in order to view the properties we have for sale!! Use our site as a resource for information about retiring or moving to Panama!!

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