Healthy economy lures Spaniards

This post is also available in: Spanish

Tocumen International Airport is the main port of entry for Spaniards coming to live in Panama.

Tocumen International Airport is the main port of entry for Spaniards coming to live in Panama.

Over 10,000 Spaniards have immigrated to Panama, according to a report published in the Spanish daily El Pais. The article said that thousands of unemployed Iberians have taken their chances of finding a job in the isthmus, as it offers one of the healthiest economies in the region.

The daily quoted Raul Mons, a 36-year-old family man born in Barcelona who said that it is unlikely that he would ever go back to Spain. “Panama welcome us with open arms and we are taking the gamble of a lifetime in this country,” said the Catalonian, “Go back to live in Spain…. never.”

Panama has been a magnet for unemployed Spaniards since 2007, especially since the widening of the Canal was announced. The construction is scheduled to finish in April 2015 and this has helped the Panamanian economy to grow. The arrival of many new immigrants who now reside here has helped spur along a real estate and tourism boom.

According to the Spanish Consulate in Panama there are 10,200 Spaniards registered in their books and figures from the Immigration and according to the Foreigner General Department of Panama Public Affairs Office, the country has given residency to 21,808 Spaniards since 2001. Tocumen International Airport registered the entrance of 34,000 people who were residents of Spain. However not all are necessarily citizens of that nation.

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