Navigating Panama for Clinical Studies: Your Comprehensive Sponsor Guide
Panama is a country located on the isthmus connecting North and South America, famous for the Panama Canal, which facilitates global maritime trade (country population: 4.5 million). The capital, Panama City, is a modern metropolis known for its skyline of skyscrapers, its historic old town, and its dynamic nightlife. In addition to the canal, the city offers a unique blend of old and new, with a thriving economy making it an important business and finance center in the region.
Panama features a tropical climate characterized by high humidity and consistently warm temperatures throughout the year. Unlike many other regions, Panama does not experience the traditional four seasons; instead, it has two main seasons: the dry season and the rainy season. The dry season, locally known as "summer," typically lasts from mid-December to April. During this period, the weather is predominantly sunny and dry, ideal for outdoor activities and exploration. Conversely, the rainy season or "winter" extends from May to November, marked by heavy rainfall, especially in the afternoons. Despite the precipitation, temperatures remain warm, and mornings are often clear and sunny before the rains begin. This climatic duality is an important factor to consider for any planned activities in the country, including clinical studies and other medical research.
In Panama City, with a population of 1.8 million, the typical attire for men includes dress pants or jeans, a dress shirt, and a jacket. Given the city's tropical climate, it's also wise to carry a raincoat or umbrella, especially during the rainy season. Panama City operates in a single time zone, five hours behind Greenwich Mean Time (UTC-5), and does not observe daylight saving time changes at any point in the year. This information is crucial for visitors and residents alike to plan their activities and dress appropriately for the weather and social norms.
Customs and Immigration
It is required to fill out a form entry before entering Panama.
As a U.S. citizen, you do not need a visa for tourist or business trips to Panama lasting up to 180 days. Upon arrival in Panama City, you must present a valid passport with at least six months of validity from the date of entry. It is also recommended to have proof of sufficient funds for your stay and a return or onward travel ticket.
Is Panama City safe to visit?
Decreasing Crime: Crime in Panama City has decreased recently due to government efforts to combat crime. However, as in any large city, it is important to take basic precautions.
Tourism: Panama City is a popular tourist destination, known for its Panama Canal, modern skyscrapers, and historic old town. It offers a safe experience for tourists.
Economic Growth: Panama has experienced significant economic growth, which has improved safety and stability in the country. It is an international business hub with a safe environment for companies.
Keep in Mind
International Mobile Data Plan
If you have AT&T or T-Mobile (depending on your plan), you should be covered in Panama with unlimited data and text messages.
Electrical Considerations
Panama uses the same type of flat two-pin plug as used in the United States, Canada, Mexico, and many Caribbean countries. The electricity is 110V and 60Hz, similar to the U.S., so you do not need a voltage converter for most devices.
Economy
Important center for international finance and trade.
Economy based on banking and logistics services.
Credit Cards and Currency
In Panama, the official currency is the Balboa, but the U.S. dollar (USD) is also legal tender and is widely used throughout the country, meaning there is no need to exchange money if you are carrying U.S. dollars. Additionally, major credit cards like Visa and Mastercard are widely accepted in Panama City, with American Express also being generally accepted at most establishments. Since the exchange rate between the Balboa and the U.S. dollar is fixed at 1 PAB equals 1 USD, financial transactions are straightforward and convenient for travelers and residents alike.
As you plan your visit or consider business opportunities in Panama City, remember that our team is here to assist you. If you're looking to explore promising research centers, we can help identify the most suitable options and facilitate all aspects of your trip. Our services are designed to make your journey as enjoyable and efficient as possible, allowing you to focus solely on your business objectives. We'll handle the logistics, from accommodations to local transport, ensuring that your stay is not only pleasant but also highly productive. Contact us to start planning a seamless and focused business trip to Panama City, where you can dive into potential research opportunities with ease and confidence. Safe travels, and we look forward to supporting your ventures in this dynamic capital!
