Currency:

The Balboa, which is pegged to the US dollar at 1 to 1 ratio

Electricity:

110 Volt, same as the US and Canada. European guests will need a power converter

Language:

Spanish

Time Zone

Eastern Standard

Country Information

Bordering the Caribbean Sea and the Pacific Ocean, Panama is located at the southern end of Central America and shares borders with Colombia and Costa Rica. Panama enjoys a tropical climate with temperatures in the 80-90 degrees Fahrenheit range (about 25 – 30 degrees Celsius). There are two seasons: the dry season with a bright sun from December to April and the rainy season from May to November.

Diverse in so many ways, Panama City is a vibrant and thriving Latin American capital city. Founded in 1519, Panama City offers plenty of insight into Panama’s fabled history, yet guests will be surprised to find a very modern, cosmopolitan city. Pushing its way to the top among Latin American financial hubs, Panama City is seeing a boom in construction, and renovations to its historic sectors are aimed at meeting the city’s fast-growing tourist demands. Rich in culture and waiting to be explored, Panama City is brimming with things to do. And compared with several other capital cities in the region, it’s quite safe.

Because of its key geographic location, Panama’s economy is service-based, heavily weighted toward banking, commerce and tourism. The Colon Free Zone and the Panama Canal play a very significant role in the country’s economy by generating employment and services. Another important employment generator is the Trans-Isthmian Pipeline, which goes ocean to ocean, from Puerto Armuelles in the Province of Chiriqui to Chiriqui Grande in the Province of Bocas del Toro. Surprisingly, Panama has the largest merchant marine registry in the world and this service represents the largest single foreign currency earner for the country.
For those who want to focus exclusively on big game fishing, the Pacific coast of Panama represents the most consistent area in the world to target big fish. The nutrient rich waters off of Panama’s west coast provide a prime feeding ground for all manner of pelagic species. Both the inshore and offshore fisheries boast numerous world records and each of our two fine properties offer the very best of what Panama has to offer anglers. Large black and blue marlin along with stripped marlin and sailfish are common throughout the year. Big yellowfin tuna up to 300 pounds along with dorado, roosterfish, wahoo and a host of snappers can be consistently targeted.

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