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August 2007

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One of the many tiny, solitary beaches in Bocas del Toro, Panama

One of the many tiny, solitary beaches in Bocas del Toro, Panama

Dear Latin America Insider Reader,

Last month we took you to Panama City and the nearby beaches in the ultra-popular coastal area known as the Arco Seco ("dry arch"). And though the greater Panama City area offers First World convenience and access to beach and mountain getaways, some would rather eschew the city for wholesome country living.

In this issue, we take you to what is locally referred to as “the interior,” the Panama countryside where people are kinder and life is simple…and everyone is tempted to stay. We take a fresh look at Boquete, which is already popular with the expat crowd, and travel to the Azuero Peninsula, which has long been a well-kept secret. We go west from Panama City on the Caribbean side to Bocas del Toro, a place in Panama we love…but we advise you to approach with caution. We also take you to Penonome—which may remain a well-kept secret for some time to come.

Learn about Panama’s pros (like certain tax and property incentives) and cons (especially in the burgeoning real estate sector) and take an in-depth look at important property considerations. And, since the Panamanians are a "partying people," we take a special look at the nation’s biggest and wildest bacchanalian festivals. You won’t believe what these people do for fun.

Thanks for reading…enjoy this month’s muy Panameño issue of Latin America Insider.

Suzan Haskins
Editor, Latin America Insider

P.S. Our thoughts go out to the many who are suffering in Mexico and Peru. On August 15 a great earthquake (nearly an 8.0 on the Richter scale) shook Peru, with the provinces of Pisco, Ica y Chincha being the most affected. On August 21, Hurricane Dean (which at that point was a category 5 on the Saffir-Simpson scale) made landfall on the Caribbean coast (Costa Maya) of the Yucatán Peninsula, near the town of Majahual. You’ll find more on these natural disasters and their effects in this issue’s Updates from Latin America section.

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