Pedrarias Dávila was one of the earliest Spanish explores to embark for the New World. He was born into an affluent family and later in life married one of Queen Isabella’s closest friends.
On this day August 15th, in 1519, Pedrarias Dávila found Panama City. This was Spain’s foothold into conquering the Incan Empire. Much of the gold and silver which eventually went to Spain first passed through this city.
Panama City is the capital of the Republic of Panama. Its population is roughly 1.2 million. Panama City alone accounts for over 50% of Panama’s GDP (Gross Domestic Product). Due to its inexpensive living, Panama City has become a hotspot for retirees looking to kick-back and relax on beautiful beaches, while only outside the city is a massive landscape of tropical rainforests.