“One thing that concerns me is, if/when the U.S. dollar collapses, what will the effect be on the Panamanian dollar (balboa), since it is tied to the U.S. dollar?”
— Judith C., United States
There is no such thing as a Panamanian dollar. Balboa coins exist, but, again, there’s no paper Panamanian currency. Panama‘s currency is not tied to the U.S. dollar. Panama uses the U.S. dollar as its currency. There is zero exchange risk.
***
“Kathleen, myself and a buddy from San Antonio, Texas, are interested in the possibilities in Panama or Costa Rica. I’m wondering if you know of any sort of introduction service in either country for finding a female for a permanent relationship?
— Barry H., United States
I don’t know of any formal service (we could speak of informal ones off-line, perhaps over an Abuelo rum and Coke when you come visit Panama).
However, I’m pleased to be able to report that our new website, long in the works and nearly ready for unveiling, will feature a private section where members will be able to connect with each other…as friends, travel companions, business or investment partners, and more.
Our IT team is working around the clock as we count down to the launch. Watch this space for details, coming soon!
