Meeting planners will find added value to hosting a meeting or convention in Panama. Since the U.S. dollar is Panama’s official currency, companies based in the United States are able to deduct costs of work related seminars, conferences, and incentive travel from their U.S. taxes.
Host a convention for free? That’s right. Organizers who choose the in Panama City as their home base can do so without a fee. For conferences booking 500 or more rooms with a three-night minimum stay, use of the facility is free as are air tickets and hotel accommodations for three convention speakers. Also included are a welcome kit and folklore dance presentation, plus a welcome cocktail for all conference participants.
The eight-acre complex that borders the Pacific Ocean has an events capacity of more than 10,000 people, 24 meeting rooms, a 32,000 sq. ft exhibit hall, and a 2,806 seat auditorium. Book your rooms and it’s yours for free; that’s a savings of about $100,000 or more for conference organizers.
Panama also recently introduced a medical assistance program for tourists; in the event of a medical emergency, visitors are covered with free health insurance for up to 30 days.