Panama is a place synonymous with growth in every sector be it health, education or real estate. This country is located in close proximity to both North America and South America with Pacific Ocean on one side and Caribbean Sea on the other. Therefore, every aspect of the country including education, culture, language and currency is influenced by that of America. Although Spanish is considered as country's official language, English is widely spoken and understood. Similarly, along with Panamanian Balboa which is national currency of Panama, US dollar has legal acceptance.