FACTS ABOUT PANAMA

 

  • Unlike many other offshore jurisdictions, Panama has consistently batted down attempts by other governments to mutually engage in a tax treaty.
  • Any capital gains earned in territories outside of Panamas jurisdiction are not taxed by the local authority.
  • There are no probate regulations or death tax when structuring an estate via the Panamanian foundation.
  • Panamas banking privacy laws have rock solid provisions to combat any sort of information sharing, espionage or government intervention.
  • Panamanian banks are state of the art.  Most are equipped with the same technology level as other major banks found in North America and Europe.
  • Many Brokerage firms in Panama are well equipped to handle the full service needs of their clientele via well structured online trading platforms.   
  • Several Panamanian banks are disassociated with multi-nationals and are underexposed to financial meltdowns. 
  • Panamanian banking system is booming.  With billions from around the world being injected into the system every year, they represent a pillar of stability. Additionally, lending practices are extremely conservative.
  • Three hours away from the United States and daily flights from major cities throughout Europe and Canada, Panama is a convienient destination for the Western World.

Don't hesitate to CONTACT US if you have any questions about Panamas business environment. 


 

 


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