Real Panama - Why Invest In Panama ?

Why Invest In Panama ?

Things you should know before you invest in Panama:

Here is some simple facts ...

1. Panama a COLON FREE TRADE ZONE
2. Panama is the Second largest colon free trade zone in the world, after Hong Kong
3. carries the biggest movement of containers in America
4. Tax free imports and re-exports of merchandise
5. 45 hectares for industrial zones
6. More than two thousand established companies
7. Business transactions for over 14,000 million dollars / Year
8. Its main customers:Imports from: Switzerland, Taiwan, Hong Kong, Italy, USA, among others.Re-exports to: Guatemala, El Salvador, Honduras, Costa Rica, Ecuador, Mexico,   Venezuela, Colombia, among others
9. A world-class banking system with a high-degree of secrecy. Panama is an international banking and finance center that has no restrictions on the movement of money in or out of the country. It is also legal and very simple to form truly anonymous corporations. The Panamanian currency is the US dollar, which is of tremendous importance in attracting foreign investment. (Panama does mint coins which are identical in size and weight with US coins and of the same value.)
10. Discount of 10-50% on products and services for foreign "retirees"
11. Affordable real estate
12. Excellent business opportunities with incentives
13. A wealth of activities to stay busy and happy
14. Warm climate
15. Residency perks. The Tourism Master Plan includes incentives to encourage investment in Panama which include no income or capital gains taxes for twenty years and the importation of a wide variety of goods duty free (when they are related to a tourist business)
16. First world living. Panama has the highest per-capita income, the largest foreign investment and the most highly developed economic infrastructure in Central America
17. Prior to the opening of the Panama Canal, the island of Bocas del Toro was the center of commerce for Central America and still reflects the colonial influence resulting from worldwide activity in the once booming banana, coconut and cocoa business.
18. The Panama Canal and the long standing involvement of the United States. Panama has the highest per capita US investment in all of Latin America is one reason why Panama's infrastructure is far and away the best in Central America. Highways, airports and shipping centers are extensive and well maintained.

Further more please consider the following fact sheet:

Republic of Panama
National name: República de Panamá
President: Martín Torrijos Herrera (2004)
Land area: 29,340 sq mi (75,991 sq km);
total area: 30,193 sq mi (78,200 sq km)
Population (2007 est.): 3,242,173 (growth rate: 1.6%); birth rate: 21.5/1000; infant mortality rate: 16.0/1000; life expectancy: 75.2; density per sq mi: 111
Capital and largest city (2003 est.): Panama City, 1,053,500 (metro. area), 437,200 (city proper)
Other large cities: San Miguelito, 309,500; Colón, 44,400
Monetary units: balboa; U.S. dollar
Languages: Spanish (official), English 14%, many bilingual
Ethnicity/race: mestizo 70%, Amerindian and mixed (West Indian) 14%, white 10%, Indian 6%
Religions: Roman Catholic 85%, Protestant 15%
Literacy rate: 93% (2003 est.)
Economic summary: GDP/PPP (2007 est.): $34.51 billion; per capita $10,300.
Real growth rate: 11.2%.
Inflation: 4.2%.
Unemployment: 6.4%.
Arable land: 7.26%.
Agriculture: bananas, rice, corn, coffee, sugarcane, vegetables; livestock; shrimp.
Labour force: 1.47 million; note: shortage of skilled labor, but an oversupply of unskilled labor (2007 est.); agriculture 15%, industry 18%, services 67% (2006 est.).
Industries: construction, brewing, cement and other construction materials, sugar milling.
Natural resources: copper, mahogany forests, shrimp, hydropower.
Exports: $9.662 billion f.o.b.; note - includes the Colon Free Zone (2007 est.): bananas, shrimp, sugar, coffee, clothing.
Imports: $12.1 billion f.o.b. (includes the Colon Free Zone) (2007 est.): capital goods, foodstuffs, consumer goods, chemicals.
Major trading partners: U.S., Sweden, Spain, Netherlands, Costa Rica, Netherlands Antilles, Japan, Mexico, Colombia (2004).

Communications:
Telephones: main lines in use: 432,900 (2006); mobile cellular: 1.694 million (2005). Radio broadcast stations: AM 80, FM 44, shortwave 0 (1998).
Radios: 815,000 (1997).
Television broadcast stations: 38 (including repeaters) (1998).
Televisions: 510,000 (1997).
Internet Service Providers (ISPs): 7,078 (2007).
Internet users: 220,000 (2006).Transportation:
Railways: total: 355 km (2002).
Highways: total 11,643 km; paved: 4,028 km; unpaved: 7,615 km (2000) .
Waterways: 882 km navigable by shallow draft vessels; 82 km Panama Canal.
Ports and harbours: Balboa, Cristobal, Coco Solo, Manzanillo (part of Colon area), Vacamonte.
Airports: 116 (2007).International disputes: none.

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