Panama is the southermost country of Central America. It is bordered by Costa Rica to the northwest, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south.
Panama is known as the place that Grand Theft Auto: Vice City Stories protagonist Victor Vance resided, with his brother Lance, after leaving Vice City. Together, they owned a farm, which they used to stash their drugs. This was revealed in the text files in Grand Theft Auto: Vice City.