Roads: panama and nicaragua , is famous for its bad highways , and they are horrible. Every time imin panama and nicaragua , I cant believe how bad the roads are , while the main roads on Panamaproperty are all paved and relatively pothole-free. How come the highways in panama and nicaragua ,so bad ? I have no idea , but believe me , they are terrible.Cost of goods : Panama is a big winner right here. Thanks to the compact country of panama Canaland it is huge port , manufactured merchandise is much less costly in compact country of panama.Household appliances , electronics, building materials, almost everything is more costly on panamaand nicaragua , land. I havent had a large amount of experience purchasing cars down there , butive heard from dependable sources which Costa Rica includes a huge tax on cars that I know for afact Panama doesnt have. Apparently a $20,thousand car in Panama might cost over $35,thousandin panama and nicaragua ,.Currency: once again , Panama arrives ahead. The official currency in Panama may be the Balboa,that is tied directly to the ough.S. Dollar. The document money (1 dollar bill and up) is all U.s.Currency, and theres no trade rate. The currency in Costa Rica may be the colon, and exchangerates fluctuate on a regular basis. You need to constantly improve your U.s. Money in to colones,bring a loan calculator everywhere you go, and always be aware of locals trying to make the most ofyou. Monetary transactions of any sort are much easier on Property in panama.Capital metropolitan areas : When you fly into San Jose, panama and nicaragua , , it feels like youvelanded in a under developed ghetto, but when you fly in to Panama city it feels like youve showed upto a modern , cosmopolitan metropolis. Its really about that simple - the difference between the twometropolitan areas is staggering. San Jose is a filthy , dangerous place with about 4 street indicatorsin the whole city. Compact country of panama City offers dozens of sparkling new skyscrapers and isin an obvious stage of progressive expansion. The reason that Panama city is many years ahead ofSan Jose happens because the ough.S. Was actively active in the Canal until 1999, so theinfrastructure is surprisingly modern. Its not a coincidence that the Trump tower is going upward incompact country of panama City, but not in San Jose.On a aspect note, ive discovered the people in Panama city to be much friendlier and much morehelpful compared to San Jose.
Crime: absolutely no contest right here ; Costa Rica includes a much higher price of crime. Armedrobberies, carjacking and other violent offences occur far more frequently in Costa Rica. In 2007 theU.s. State department designated panama and nicaragua , as a "higher crime price country" fortourists. Whilst these offences do exist in Panama, the incidence is much lower and occurs mainly inthe channel Zone, between Panama city and colon. Ive been residing part time in Santiago (threehours west of compact country of panama City) for more than a year, and nobody ive talked in orderto has ever encountered a homicide , armed thievery , or even a mugging. Ive remaining tools andwork footwear outside of the house for weeks at a time, and Ive never had anything stolen. This isunheard of in Costa Rica, where theft is a common , everyday occurrence.(look at source: https://www.osac.gov/Reports/report.cfm?contentID=62156)Real Estate: lets save the very best for final ; you can purchase property in compact country ofpanama for a fraction of what it really would set you back in panama and nicaragua ,. The same largesix acre lots along with ocean views and riverfront that Im selling in compact country of panama foraround $150,000 might cost at least $500,thousand in panama and nicaragua ,. Land in Costa Rica isroughly 5 times more expensive than comparable property in compact country of panama.Another huge difference between the countries involves squatters. In panama and nicaragua , if youbuy property and squatters move onto this , in three months they actually possess rights to yourproperty, and protracted legal action is needed to get rid of them. Amazing , but true. On compactcountry of panama real estate squatters have no legal rights whatsoever. If you buy land in Panama,leave it alone for ten years, and upon your return people are living on it , you can have them removedinstantly.I think the facts speak for themselves. Should you visit each countries, i think youll find out on yourown that to purchase land in Panama is far exceptional choice after that Costa Rica for any variety ofreasons.Jay Stafford is interested in assisting people about Real estate. To understand more about Propertyin panama, purchase land in panama, property in panama and nicaragua , , Land in panama, living incompact country of panama visit www.thepanamacollection.com