Panama is the perfect country for Investment
Panama is the ideal destination for anyone looking for serious financial privacy and no taxes, corporate or personal. Its proximity to the growing Latin American market makes it a natural base for world business operations. Panama is a country that is characterized for having a lot of Foreign Direct Investment (FDI), which is considered as a significant variable in the growth of the Panamanian economy. In fact, Panama is among the best economies on the continent.
The stability of its economy, its privileged geographical position and its low unemployment rate are just some of the factors that predominate, among many others. More and more people are considering investing in the country, thus increasing Foreign Direct Investment.
The government of Panama has set up a number of attractive programs and special zones in order to attract foreign investors to its shores. These programs won’t last forever, though. But while they’re here, they’ll give the adventurous pioneers who decide to capitalize on them a tremendous head start in the business world.
Since 2004, Foreign Direct Investment has exceeded $1 billion, a true record for the country. Since then, it has been leading the Central American region in terms of amount of investment and ranks second in per capita foreign investment in Latin America, after Chile.
On the other hand, the large number of multinational companies that have established themselves in the country, is a boom to the economy. More than 120 multinational companies are established in the country, including Procter & Gamble (which has a hub in the Colon Free Zone), Huawei, Dell, Bayer, Halliburton, Visa and many more. They are attracted by the robust economy and the incentive laws that exist for these companies to establish their headquarters in the country.
Everything seems to indicate that, over the years, investment in Panama will reach high levels and Foreign Direct Investment will increase considerably.