Offshore Home: The Most Interesting Facts About Panama

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This article contains the most interesting and exciting facts about Panama. This country is still known as a real paradise for offshore.

Fact – 1

Offshore Home: The Most Interesting Facts About Panama

Panama is located in North America. The country’s capital is named Panama City.

Fact – 2

Offshore Home: The Most Interesting Facts About Panama

Panama separates the Caribbean Sea from the Pacific Ocean. It is very interesting that in this country there are never hurricanes and earthquakes.

Fact – 3

Offshore Home: The Most Interesting Facts About Panama

Panama is a true investment paradise. There are more than 40 laws that protect foreign businesses.

Fact – 4

Offshore Home: The Most Interesting Facts About Panama

Especially businessmen love the city of Colon. Because here is located the second-largest duty-free zone in the world.

Fact – 5

Offshore Home: The Most Interesting Facts About Panama

Due to the investment attractiveness and laws of the country, Panama has become the second-largest offshore company in the world.

Fact – 6

Offshore Home: The Most Interesting Facts About Panama

Panama guarantees a low interest tax rate, complete data confidentiality and no foreign exchange controls.

Fact – 7

Offshore Home: The Most Interesting Facts About Panama

The country’s main income comes from the operation of the Panama Canal.

Fact – 8

Offshore Home: The Most Interesting Facts About Panama

About 14,000 ships pass through the canal every year. The fee for the passage of one ship can reach 400 thousand dollars.

Fact – 9

Offshore Home: The Most Interesting Facts About Panama

An interesting fact is that the average age of the population of Panama is 27 years, and the average life expectancy in the country is 77 years.

Fact – 10

Offshore Home: The Most Interesting Facts About Panama

Panamanians value their family very much. Many generations live together in the same house and take care of each other.

Fact – 11

Offshore Home: The Most Interesting Facts About Panama

Panama hats do not come from Panama, but from Ecuador. They are woven from the fibers of a palm tree, which is called the Panamanian palm.

Fact – 12

Offshore Home: The Most Interesting Facts About Panama

Beer lovers definitely like Panama Because beer is very cheap in this country. Although Indian cha-cha is considered a traditional alcoholic drink.

Fact – 13

Offshore Home: The Most Interesting Facts About Panama

In 1906, Coca-Cola was first sold in Panama.

Fact – 14

Offshore Home: The Most Interesting Facts About Panama

In the capital of Panama is a Coca-Cola café – the only one in the world with this name. This is the exclusive and oldest café in the city, built in 1883.

Fact – 15

Offshore Home: The Most Interesting Facts About Panama

The Panama Railway is the oldest and most expensive in the world. It was built over five years from 1850 to 1855 and cost $8 million to complete.

Fact – 16

Offshore Home: The Most Interesting Facts About Panama

During the colonial period, Panama was the largest financial center due to the mining of silver and gold.

Fact – 17

Offshore Home: The Most Interesting Facts About Panama

Most Panamanians are descendants of mixed nationalities and cultures. The indigenous people of the country are Europeans, Afro-Caribbeans and many others. Panama’s diverse culture is reflected in its music and art.

Fact – 18

Offshore Home: The Most Interesting Facts About Panama

Volcano Barú is the highest point in Panama. From this volcano, you can see the sunrise in the Pacific Ocean and the sunset in the Atlantic.

Fact – 19

Offshore Home: The Most Interesting Facts About Panama

It is worth knowing that the inventor of Murphy’s Law (Edward Murphy) was born in the Panama Canal Zone in 1918.

Fact – 20

Offshore Home: The Most Interesting Facts About Panama

About 40% of Panama is covered by jungle. And Panama City is the only capital in the world that has a rainforest.

Fact – 21

Offshore Home: The Most Interesting Facts About Panama

The golden frog is the national animal of Panama. This country has a huge number of birds and plants. This makes Panama one of the most biodiverse countries in the world.

Fact – 22

Offshore Home: The Most Interesting Facts About Panama

Panama does not officially have an army. In 1989, the country’s army was disbanded.

Fact – 23

Offshore Home: The Most Interesting Facts About Panama

Panama has a national police force, aviation and maritime services, and border guards.

Fact – 24

Offshore Home: The Most Interesting Facts About Panama

Baseball is the most popular sport in Panama. The local population are real fans of this sport.

Fact – 25

Offshore Home: The Most Interesting Facts About Panama

Scientists have found that the formation of the Isthmus of Panama changed the climate, which caused the appearance of Homo sapiens.