Panama is booming: a major, up-and-coming, leisure destination with the fastest growing economy in North America in 2012 and #15 in the world. At a crossroads of two oceans and two continents, Panama City has become the capital of international finance, especially with the current multibillion-dollar expansion of the Panama Canal underway. Combine this dollar-based economy of favorable banking and financial conditions with 1,550 miles (2,490 km) of coastline, 1500+ islands, mountainside from seaside in less than an hour, a lively metropolis and rich cultural traditions, and you have a perfect hotspot.