Background: With US help, Panama seceded from Colombia in 1903 and immediately entered into an agreement with the US for the construction of a canal and for US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Engineers between 1904 […]

Among the effects of the crisis, particularly serious was the increase in foreign debt (one of the highest in the world in per capita terms, also given the need for Panama to import its own currency), which further reduced the autonomy of the government in matters of economic policy. Under pressure from international creditors, a […]

Passport and visa regulations Nationalities Passport required visa required Return ticket required Turkey Yes no Yes Other EU countries Yes no Yes Switzerland Yes no Yes Austria Yes no Yes Germany Yes no Yes Passport information Generally required, must still be valid for at least 3 months upon entry. If a long-term stay is planned, […]

The name “Panamá” comes from the Indian language and means “water rich in fish”. Location The Republic of Panama is part of Central America and lies on a land bridge that separates the Caribbean Sea from the Pacific Ocean. The country therefore only has two neighbors, Costa Rica and Colombia. At the narrowest point, the […]