The U.S. dollar is Panama’s currency, which makes investing in the country easy. The country offers some of the very best banking and communication services in Latin America.

Panama has a wealth of business opportunities awaiting creative hard-working entrepreneurs. You can run a global business by using Internet access, fax machines and cell phones. A business may be started for far less than in the United States. Wages are very low when compared to U.S. standards. Furthermore, tax incentives and a government, which encourages investment contribute to a propitious business climate. As more and more foreigners move to Panama and tourism grows there will be an increasing need for travel related business and American products.

If you are foreign-born resident you will pay little or no taxes to your home country or Panama.

With the new millennium upon us, a shrinking world due to better communication, a burgeoning global economy—possibilities are unlimited for doing business in Central and South America. Trade pacts between Central America, U.S., Mexico and South America will be a reality by 2005.

These trade agreements promise to link all of the nations in the hemisphere in to one trading block. Panama is sure to be an excellent base of operations.

Panama offers one of the world’s best offshore tax havens and banking systems. The country is a time-proven business and tax haven with most of the country’s 130 banks offer a high degree of secrecy. They also offer attractive CD’s. There is NO tax on interest earned from bank accounts for locals or foreigners. Furthermore, there are NO corporate of personal taxes on offshore activity.