Panama Offshore Legal Services Blog

Offshore Banking in Panama: 3 Things You Need to Know

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The word “offshore” refers to doing something outside of your country. Whether it is starting a new business, creating a new corporation or other legal entity, or opening a bank or brokerage account; if done outside your country are all considered “offshore”. An offshore bank account in Panama can be accomplished as individual or using legal entities like a Panama offshore corporation or a Panama Private Interest Foundation. Panama is considered one of the world’s best tax haven countries and has a strong economy with a superior offshore banking sector. Continue reading »

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