About Panama
- Date: 2007-01-15 - Word Count: 494
Share This!
The Republic of Panama, or Panama as it is more popularly known, is a country that geographically belongs to Central America, sandwiched between Costa Rica and Colombia. Surrounding it are the Pacific Ocean, the Gulf of Panama and the Caribbean Sea. Through it passes the Panama Canal, that which connects the Caribbean Sea, and thus the Atlantic Ocean, with the Pacific Ocean.
Because of Panama's strategic location, it is no wonder that it has become the most developed country in Central America. The Panama Canal has become crucial to world movement of goods and as such, Panama has high import and export levels. The Colon Free Zone is the epitome of this geographical advantage to the economy. This has become the processing and clearinghouse of the traffic of goods along the Panama Canal.
The Panama Canal actually plays a major role in the way Panama has developed and how Panama became an independent country. Panama was previously part of Colombia. On November 3, 1903, Panama became independent of Colombia. This was accomplished with the help of the United Sates. The United States actually did this so that they could have access to the Panama Canal being then built by Colombia. In the same month that Panama successfully seceded from Colombian rule, Panama signed the Hay-Bunau-Varilla Treaty which gave the United States right to continue construction and full control of the Panama Canal for an initial payment of $10 million and a yearly fee of $250,000.
Panama's geographical location has also given way to the booming tourism industry in the country. It is just hours away by plane from North America and it belongs to the Caribbean region that is famous for its beaches and tourist destinations.
Panama means "an abundance of fish" or "an abundance of butterflies" in the native tongue. Both suit Panama quite well. Because it is surrounded by pristine beaches with breathtaking corral reefs, fish is abundant in this country. And because it has mountainous provinces where rainforests and jungles are sheltered, there is also an abundance of butterflies and other enchanting creatures in Panama.
Panama has a population of around three million. Panama nationals are called Panamanians. Panama's official language is Spanish. More people are Roman Catholic, but freedom of religion s practiced in Panama so there are places of worship for people of different religious persuasion.
Panama, because of its geographic location and its commercial outlook, has people of different ethnic origins in it. The most common ethnic group is the mestizos who are generally known by their lighter skin color. These are people who are generally of European and Native American origin. The other group is known as the Antillean Blacks or the mulattoes. These are people with European and African origin who came to Panama from the West Indies. Finally, the minority group is the indigenous peoples of Panama, generally known as Indians. There are seven indigenous peoples in Panama. They are the Bribri, Buglé, Emberá, Kuna or Cuna, Naso, Ngōbe, and Wounaan.
http://panamalaw.org/bearer_share_corperation.html
http://panamalaw.org/panama_foundations.html
http://panamalaw.org/foundation_protectors.html
Because of Panama's strategic location, it is no wonder that it has become the most developed country in Central America. The Panama Canal has become crucial to world movement of goods and as such, Panama has high import and export levels. The Colon Free Zone is the epitome of this geographical advantage to the economy. This has become the processing and clearinghouse of the traffic of goods along the Panama Canal.
The Panama Canal actually plays a major role in the way Panama has developed and how Panama became an independent country. Panama was previously part of Colombia. On November 3, 1903, Panama became independent of Colombia. This was accomplished with the help of the United Sates. The United States actually did this so that they could have access to the Panama Canal being then built by Colombia. In the same month that Panama successfully seceded from Colombian rule, Panama signed the Hay-Bunau-Varilla Treaty which gave the United States right to continue construction and full control of the Panama Canal for an initial payment of $10 million and a yearly fee of $250,000.
Panama's geographical location has also given way to the booming tourism industry in the country. It is just hours away by plane from North America and it belongs to the Caribbean region that is famous for its beaches and tourist destinations.
Panama means "an abundance of fish" or "an abundance of butterflies" in the native tongue. Both suit Panama quite well. Because it is surrounded by pristine beaches with breathtaking corral reefs, fish is abundant in this country. And because it has mountainous provinces where rainforests and jungles are sheltered, there is also an abundance of butterflies and other enchanting creatures in Panama.
Panama has a population of around three million. Panama nationals are called Panamanians. Panama's official language is Spanish. More people are Roman Catholic, but freedom of religion s practiced in Panama so there are places of worship for people of different religious persuasion.
Panama, because of its geographic location and its commercial outlook, has people of different ethnic origins in it. The most common ethnic group is the mestizos who are generally known by their lighter skin color. These are people who are generally of European and Native American origin. The other group is known as the Antillean Blacks or the mulattoes. These are people with European and African origin who came to Panama from the West Indies. Finally, the minority group is the indigenous peoples of Panama, generally known as Indians. There are seven indigenous peoples in Panama. They are the Bribri, Buglé, Emberá, Kuna or Cuna, Naso, Ngōbe, and Wounaan.
http://panamalaw.org/bearer_share_corperation.html
http://panamalaw.org/panama_foundations.html
http://panamalaw.org/foundation_protectors.html
Related Tags: money, business, panama, panama banking, offshore real estate, offshore banking, legal, offshore, panama real estate, panama legal
Your Article Search Directory : Find in Articles
Recent articles in this category:
- Work Cover Lawyers Help Workers Favored In New Contingency Agreement
Were you ever given a small amount of compensation after having been injured on your job? Have exper - Florida Last Will And Testament Information
A person who is at least 18 years of age can complete a Florida Last Will and Testament and is refer - Florida Durable Power Of Attorney Information
A Florida durable power of attorney is a legal document that designates a person to act on behalf of - California Power Of Attorney Information
In California any adult person who has the ability to enter into an agreement can complete and sign - Criminal Lawyer
Sexual assaults are increasing with alarming frequency and everyday there are news reports about var - Fort Lauderdale Foreclosure Lawyer Explains, Foreclosure Is Not Your Only Option, You Have A Choice
Foreclosure has been one of the foremost topics within the real estate world in recent years, as eac - Should You Make A Personal Injury Claim?
Personal injury claims now gain wider exposure than ever before, yet many people are still unaware o - Mesa Bankruptcy- Regain Financial Stability
Are you drowning in overwhelming debt? Is it causing you mental, emotional and physical distress? Ta - How Bankruptcy Can Help You Financially Start Over With A Clean Slate
Fed up with debt? Desperately want to be free from the unbearable problem? If yes, then you should n - Major Yasmin Birth Control Side Effects
Yasmin is a popular form of hormonal birth control that has been heavily marketed, especially to you
Most viewed articles in this category:
- Be Aware of Single Owner LLC Tax Problems
One of the more popular business entity choices these days is the limited liability company. If - 14 Tips on How Parents Who Have a Child with a Disability Can Organize Their Estate
Copyright 2007 L. Mark Russell As a general rule, parents should keep their original document - IF OUR PETS WERE REALY OUR "MINOR CHILDREN" MOST OF US "PARENTS" WOULD BE IN JAIL FOR CHILD NEGLECT
As a pet owner, do you need to have a pet trust or will in your estate plan? Well, maybe so, given - The Last Will And Testament - A Model NOT To Live By
The death of Anna Nicole Smith has at least one valuable outcome, even if it is simply serving as a - The British Constitutional Reform Act
The Constitutional Reform Act of 2005 changed the British hitherto unwritten constitution by in - Patented Drugs
While a drug or process is under patent, other companies are wary of working anything even remote - Divorce and Debt
As common sense and statistics tell us, the leading cause of marital discord is money. Therefore - The Misunderstood World of Corporate Minutes
The corporation is the most used form of business entity in the United States. While many people - Attorney for Legal Services
All of us hire lawyers at one point or the other. People get sued, arrested, charged for a crime, - Should Parents EVER Leave an Inheritance Outright to a Child who has a Disability?
Copyright 2007 L. Mark Russell There are few absolutes in estate planning, but this is one. I