Bordered by Costa Rica to the west, the Caribbean to the north, Panama is a popular location considered as one of the best destinations for relocation by many expatriates. In fact, the New York Times picked Panama as the number one place to travel in 2012. In this article, we will give you 10 great reasons to move to Panama.
It has been announced recently that Iran and the Western powers, especially the United States, have reached a preliminary deal on the nuclear issue with Iran. There have been intense negotiations between the major Western powers and Iran for many months. It is anticipated that if a nuclear deal is finally reached and approved, then sanctions will slowly be lifted.
There has been a steep devaluation of the Venezuelan Bolivar in recent months. Official exchange rates defined by organizations like Dow Jones – that are used in the claims reimbursement process by many expatriate group insurance companies, no longer reflect market exchange rates. Continuing to do so could lead to reimbursing claims for amounts that are disproportionate to the actual market value of the expenses.
