Why invest in Panama?
Why invest in Panama?
Special investment regimes
The Panamanian government in its effort to attract foreign companies offers a series of tax advantages such as a low tax burden, a territorial tax system and special investment regimes. In this way, there are different laws in Panama for the Special Economic Zones, such as: Colon Free Zone, Panama Pacifico, Free Zones, City of Knowledge, Headquarters of Multinational Companies, EMMA, Public Private Associations, Agroparks, Qualified Investor, among others.
Multiple visa programs
Currently there are different visa programs according to the specific needs of the applicant with benefits and advantages designed to attract foreign investment.
- Non-resident
- Temporary resident
- Permanent Resident (drop down)
- Qualified Investor Visa
- Friendly Countries Visa
- Retiree or Pensioner Visa
- Retired Annuitant Visa
- Economic Solvency Visa, etc.
Dollarized Economy
Panama adopted the dollar as its national currency along with the balboa (1 balboa equals 1 dollar) in 1904, experiencing an economic leap and a very important continuous development since then.
Strategic Geographical Position
Panama, in addition to being the bridge that connects North America with South America, is bathed by two oceans, the Pacific and the Atlantic, connected by the Panama Canal. These particularities give it, without a doubt, a unique strategic character throughout the continent.
Likewise, it has two seasons, one dry and the other rainy, and a friendly tropical climate without hurricanes or earthquakes. Its average temperature throughout the year of 27 degrees Celsius, its beautiful beaches, jungle vegetation and the innumerable tourist and leisure options it offers have led to a continuous flow of foreign capital that has favored, and continues to favor, the economic development of this beautiful country.
Unstoppable Economic Development
Panama has been in a continuous process of growth for decades, with ups and downs caused by the global crisis and the pandemic that has hit us all in recent years. Despite these dark events of the new century, numerous service companies related to the Panama Canal are consolidated every year. The large International Banking Center of our city remains stable. The business possibilities increase with new opportunities, both local and transoceanic, thanks, among others, to the Tocumen international airport and the constant development of the multiple investment sectors and the continuous effort to create new entrepreneurship hubs that have been forming since 2007.
Political stability and legal certainty
Panama is consolidated as the most attractive and competitive destination in all of Latin America thanks to a stable Democracy, institutions that guarantee a solid legal framework and the development of security policies that protect investors
Bank System
Panama has the best and most modern banking network of national and international entities in all of Latin America.
One of the characteristics of the Panamanian banking law is the confidentiality of the client, this regulation being protected by the Political Constitution of the Republic of Panama.
The Government of Panama dedicates significant efforts to attract foreign investment through the application of attractive tax and immigration measures that favor the arrival of foreign capital.
Multiple investment sectors and support entities
In Panama you will find a wide range of investment possibilities in different areas or sectors such as logistics, technology, energy, mining, food, tourism, construction, etc.
It also has government support entities created to support investors.