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Panama host a great diversity of cultures and nationalities, finding opportunities and excellent quality of life. Panama City one of the most modern cities of the region with the most important banking and financial center of Latin America.
In fact Panama is the only country of the area where the American dollar is the legal currency. In Panama you will find banks, insurance companies, stock market, commerce, the popular Free Zone of Colon among others.
Also an innumerable range of services that guarantee excellent businesses to the visitor.
General Information
| Language |
The official language is Spanish, many Panamanians are bilingual (English/Spanish). |
| Local Time |
GMT-5 |
| Currency |
Balboa; 1 balboa = 100 cents. The American dollar of free circulation, exchange rate 1 Balboa = 1 Dollar. |
| Taxes |
5% of tax on every purchase. |
| Airport Tax |
International flights, leaving Panama $20.00 exit tax. |
| Power |
110w - 60hz telephone 220w. |
| Country Code |
507 |
| Internet |
Panama counts with diverse internet access options. |
| Tips |
Not including in restaurants prices. 10% or 15%. |
| Driver License |
18 years old. Visitors may drive with a foreign driver license for 90 days. |
| Schedules |
Commerce
09:30 to 19:00. Sundays from 09:30 to 19:00.
Banks
08:30 a 03:00 pm. ATM machines availables day and night.
Government Offices
08:30 to 16:30 hours from monday to friday. |
| Immigration |
Valid Passport. (All tourists need a valid passport.)
Return tickets
Tourist visa for some nationalities.
Tourist visa / Tourist card: Valid for 30 days.
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