I spent a night in Panama's richest neighborhood, often called a 'little Dubai' or the 'Miami of Latin America'

Monica Humphries/Business Insider

• Punta Pacifica is Panama City's most expensive neighborhood.
• The neighborhood has man-made islands, private marinas, and penthouses worth $5 million.
• I stayed at the five-star JW Marriott Panama and experienced the neighborhood's luxury firsthand.

Duncan McGowan describes Panama City's Ocean Reef Islands as "perfection."

The landscaping is manicured flawlessly, never a leaf or branch out of place.