Panama has the largest shipping fleet in the world, greater than those of the US and China combined. The country literally owns one of the world’s most important marine trade routes, the Panama Canal, which connects the Pacific and Atlantic oceans and facilitates transit of 14,000 ships per year. So do you think the famous “Panama Papers” – which were really about the BVI, a British territory – will make more than a minor dent in Panama’s reputation as an international business hub? We don’t.
The Republic of Panama, the story goes, was created in Suite 1162 of the Waldorf Astoria Hotel in New York. From its beginnings, in the early twentieth century, Panama was created by Wall Street entrepreneurs as the perfect tax haven for the time. It was given a territorial tax system – meaning that companies doing business there who received their income from overseas were not required to pay tax, nor even file a tax return. This system continues to this day.
One of the reasons we like Panama is that it is a country of three million people, a major player in global import-export and banking. In Panama you can, with the help of Offshore Pro Group, easily create the substance demanded in today’s offshore business environment. A small office, employee, local business license, local tax number and bank account, and you are ready to trade worldwide.
More recently, Panama has carved out a niche in Private Interest Foundations: an excellent wealth management vehicle that can help you preserve your hard-won assets and pass them on securely and tax free to future generations.
Offshore Pro Group offers:
For further information on Offshore Pro Group services in Panama, please contact us today.
We invite you to consider acquiring an anonymous plastic card that will provide for your information confidentiality and asset protection. A Panamanian Payment Service Provider issues this card. Funds can be deposited into the card accounts in cash, by a bank transfer, or with a cryptocurrency.
Owning a piece of real estate in Panama is not only a chance to acquire legal residence and a second citizenship there but also a secure international investment. Panama offers a comfortable business environment together with perfect conditions for permanent residence.
Panama: the best second home you […]Read more
Are you looking for a second place of residence? If you are, buying a comfortable penthouse in Panama City in one of the Punta Pacifica skyscrapers will be the best choice.
Panama: a little paradise between two oceans
Panama is one of the countries where foreigners […]
The YOO Panama skyscraper in the capital of Panama is a true work of art. It combines industrial design, a perfect taste, and ultimate comfort. The apartments for sale have been designed in cooperation with a world-renown architect and industrial artist Philippe Starck.
YOO Panama: a […]Read more
If you believe that you are paying a bit too much in taxes, you should consider changing your tax residency. There are countries on this planet that do not overcharge their taxpayers and Panama in Central America is one of such countries. Your life can change for the […]Read more
An apartment in Panama City is not only a secure investment object but also a chance to acquire a second residence in a warm country. A Panama permanent residence permit will open a number of new opportunities to you.
An outdated image of Panama
On a par with residential accommodations, office spaces in Panama enjoy great demand with foreign investors as they also make valuable assets. You can purchase an office in Times Square Center tower and use it as your business office or let it on a lease otherwise.
Panama […]Read more
Anyone who is thinking of relocating to a warm country should consider moving to Panama in the first place. There are a number of great reasons to immigrate to Panama: the unique geographical position of the country, its eternal summer, its friendly people, its booming economy, its vast […]Read more
If you are considering relocation to Panama, you have probably thought of the possibility to buy an apartment or a house in a closed community. Even though living in a gated area has a number of advantages, there are some restrictions to be borne in mind too.
Here it is: the real property that you buy in Panama can bring you profit if you let it on a lease or sell it after some time, it can serve as your business office or residential accommodation, and it will provide for a legal basis to apply […]Read more
You can acquire Panamanian residency by investing into real estate in the country. Thus, you can put money into a secure international asset and simultaneously obtain legal grounds to apply for permanent residence in Panama.
Who is interested in giving Panama a negative image and why? Read more
Commercial real estate in Panama is a promising long-term investment option to consider. Purchase of office space in Tower Financial Center, Panama City can serve two purposes equally well. First, you can put your own company office there and second, you can let the space on a […]Read more
Investment into real estate in Panama will let you kill two birds with one stone: solve the Panama residency issue and diversify your assets. If you want to secure a comfortable future for yourself and your family, this ambitious plan is easily implementable in Panama.
Panama is […]Read more
As things stand now, the immigration programs in effect in Panama allow acquiring legal residence in the country quite rapidly and quite effortlessly. If you are looking to find a second place of abode abroad, you should know that Panama is the country where your dream to live […]Read more