Submit Article

Dubai Properties

Construction Updates

Properties in UAE

Country Profile

Property Listing

Resources


 

Invest in Panama

Panama - An S-shaped Isthmus
Panama, an S-shaped isthmus, forms the land link between North and South America and is synonymous with the Panama Canal, man-made wonder stretching for over 65km or 40 miles and linking the Caribbean and the Pacific Ocean. This prosperous nation is culturally rich being home to seven Indian tribes and retaining a distinct Spanish flavour. Panama City, the capital, is a fascinating blend of Spain legacy, modern America and the Eastern liveliness and ambiance.

Panama is the ideal jurisdiction for international investors and businessmen to operate their offshore corporations, banking, investing, finances, and all other areas of international trade!

Panama is an Ideal jurisdiction as:
  1. Panama enjoys a stable, democratically elected government.
  2. Panama's economic performance is, year after year, better than nearly every other Latin American country. For 40 years Panama's inflation rate averaged less than 2% per year, unheard of south of the US.
  3. Comparing its neighbours, Panama has more amenities than traditional retirement in Mexico or Costa Rica -- but costs and crime rates are far lower.
  4. There is far less red tape and less interference from local authorities.
  5. The government of Panama and its laws actually encourage foreigners to invest and live there.
Panama boast:
  1. tropical weather
  2. a low cost of living.
  3. reliability and efficiency absent in other Latin American countries.
  4. favourable offshore banking laws.
  5. a stable economy, with the US dollar as currency
  6. government investment incentives that slash tax rates and fees for entrepreneurs and
  7. a diverse geography from mountain ranges to tropical islands, from a booming metropolis to vast jungles.
Panama has excellent asset protection, offshore corporation laws and the largest banking sector south of Miami.

P A N A M A    100%    T A X    H A V E N    C O U N T R Y

Non-resident Panamanian International Business Corporations (IBC's) and Private Interest Foundations do not pay tax on any of their income nor do they have any reporting requirements to the Panamanian government.

R E A S O N S
  1. No tax reporting requirements.
  2. No income tax.
  3. No capital gains tax.
  4. No interest income tax
  5. No sales tax.
  6. No tax on issuance of corporate shares.
  7. No tax to shareholders.
  8. No stock sale or transfer tax.
  9. No capital stock tax.
  10. No property tax.
  11. No estate tax.
  12. No gift tax.
  13. No stamp tax.
  14. No succession tax.
  15. No inventory tax.
top
 



This article was viewed 1594 time(s)


Related Articles



 
facebook-gowealthy twitter-gowealthy linkedin-gowealthy youtube-gowealthy delicious-gowealthy blogger-gowealthy wordpress-gowealthy stumbleupon-gowealthy myspace-gowealthy digg-gowealthy plurk-gowealthy bebo-gowealthy
                         
  Home | About Us | Careers | Awards | Press Release | Link | Advertise | FAQ | Site Map | Bookmark Us | Contact Us
gowealthy.com © 2010. All Rights Reserved | DISCLAIMER | PRIVACY POLICY