Chiriqui, the westernmost province of Panama's Pacific coast, is
blessed with Panama's most varied landscapes, ranging from
stunning beaches to steep mountains. Cattle ranches,
orchid gardens, tropical forests famous with bird watchers, and
coastal islands are all icons of this unique region. The
beauty and diversity of this area rival anything in neighboring
Costa Rica.
David, third city of the republic, is the provincial capital of Chiriqui
and the regional business and transportation center.
Hotels and tourism installations can be found in the cooler climate of Boquete and Volcan. Boquete is
the nation's prime supplier for florists. Cool mountain streams
flow down from the semi-extinct Baru Volcano (11,450 feet) through Boquete,
Cerro Punta, and Volcan. In addition to fantastic trout
fishing, horseback riding, whitewater rafting and hiking,
underground hot springs can also be found in the area of Boquete.
Las Lajas, about an hour's drive from David, is the best known of Chiriqui's
beaches. The valleys of Boquete are home to Panama's coffee growing industry. Chiriqui
is also cattle country and the nation's prime thoroughbred
raising area. The Guaymi Indians call Chiriqui's central
mountain chain their home.
For all these reasons,
the area of Chiriqui has become a popular retirement destination for foreigners and
Panamanians alike.
Why We Like Chiriqui For Investment:
1. Weather -- Chiriqui's highlands have mild, cool
weather that many Europeans and Americans have found to
their liking. The climate reminds one of Switzerland
during warmer months.
2. Location -- Chiriqui is on Panama's border with Costa
Rica and a quick drive or flight across the border. It
is also the only area outside of Panama City with a flight
to Bocas del Toro, so this is a one-two punch that is common
with tourists and also an easy getaway for local residents
in either direction. Because of the proximity to Costa
Rica and ease of travel between two popular tourism
destinations, this location is poised for growth.
Because many parts of Chiriqui are a high altitude, some
parts of the highlands have incredible ocean views.
3. Environment -- Many retirees and investors are
flocking to Chiriqui. As a result, there's a communal,
fun feeling that only comes in these "town of transplants".
Retirees find there are many folks willing to take them
under their wing and help them learn the ropes of life
abroad.
4. Tourism -- Chiriqui is to Panama what Monteverde and
Arenal are to Costa Rica. Many tourists visiting Panama work
their way to the Boquete area during their travels.
The combination of tourism, foreign retirees and local
investment make this region a safe bet for continued future
growth.
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