Panama Offshore Legal Services Blog

Favorable Investment Climate Draws Multinationals to Panama

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Panama is a regional center for multinational corporate investment, and will continue to grow as such through 2016 and beyond. A multinational company, or multinational corporation, is defined as an organization that owns or controls production of goods or services in one or more countries other than their home country. It can also be referred as an international corporation, a “transnational corporation”, or a stateless corporation. Multinationals typically operate in strong markets, but are also known for investing heavily into emerging markets, in order to strengthen their global presence, while cutting their costs. Panama, as it stands now, is one of the most favorable countries for multinational investment, and it’s no surprise as to why. Continue reading »

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5 Reasons Why Real Estate in Panama is a Good Investment

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Investing in real estate in Panama has been a hot market for quite some time, and it shows no signs of slowing down anytime soon. Panama has a great real estate market for a number of reasons, and because of it, draws hundreds of millions of dollars in annual investment in properties and projects. Whether it’s commercial real estate, luxury residential real estate, urban real estate, beach real estate, or tourism-based development, Panama runs the gamut as far as options available to the buyer (or renter). To give you a peak of what the market is actually like, and why you should invest in Panama real estate, here are 5 solid reasons to do so:

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Nestle to Invest in Panama With Regional Market Center

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One of the latest multinational companies showing interest in investing in Panama is Nestle. The Swiss company known around the world for a multitude of consumer products has chosen Panama as its premier location for a regional purchase center. This would essentially connect large-scale distribution in Central America, in a way that’s both cost-efficient for the company, and beneficial for Panama. Nestle currently has a large presence in Latin America, and considers Panama an ideal spot to expand their market, and make it easier for distributers to get their product at a competitive price. Although the details of the finances and location are not concrete, the company has announced that Panama will be their destination for such a project. Continue reading »

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Mobile Pay, E-Commerce Gains Momentum in Panama

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Panama has been trying to market itself as a Latin American tech hub for quite some time now, and now with mobile payments and e-commerce, they’re keeping to that promise. Although Latin America, in general, has been slower than other parts of the world to adapt to the e-commerce market, Panama is looking to change that in the immediate future. And international investors and startups are looking at investing in Panama as an ideal growth market for this type of commerce. Continue reading »

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Panama’s Economy Closes 2015 With Positive Growth

Panama's Economy in 2015
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Panama’s economy over the past six years, on average, has grown by nearly double digits. However in 2014, the economy slowed down a little bit, causing some to be cautious. Now, as we head full steam into 2016, it appears the slowdown was merely a hiccup, and Panama’s economy is showing strong, positive growth for the near future. Investments in Panama largely rely on future predictions, and long-term strategies; which is why steady positive growth, even if it’s not at the boom levels of 2010-2012, is very important to the overall economy in the country. Continue reading »

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What We Can Look Forward to in Panama in 2016

Panama's Economy in 2015
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The holiday season is in full swing in Panama, and that means that we’re approaching the end to another exciting year. As with many of the years previous, a lot has changed over the course of 12 months in Panama, and 2016 is looking to be even bigger. Panama is a country of growth, and despite a few economic hiccups in 2014 and 2015; financial analysts still predict healthy growth in the New Year. But it’s not just about the economy when it comes to living and investing in Panama. Quality of life is equally important, for both expats and locals, and in that regard, 2016 looks pretty bright too. Here are some of the things we have to look forward to as we move into the New Year. Continue reading »

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Panama Ranks 3rd in LatAm/Caribbean for International Franchise Investment

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Panama is a hot market for a variety of international investments. And for the most part, a lot of the consumer investments revolve around major international franchises. This has a lot to do with consumer culture in Panama, as well as Panama’s reputation as an international tourism and business hub. People who shop in the Panamanian market expect a world-class product brand experience, which makes franchising in Panama so attractive. And if you follow the data for Latin America, Panama is one of the top countries for international franchise investment. Continue reading »

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Panama Studies Cross-Country, High Speed Train to Connect Major Cities

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Panama has made significant strides in transportation infrastructure and access over the past 4-5 years. The most prominent projects have been the Metro (Subway), Metro Bus, and the expansion and modernization of the Pan American Highway. Now, President Juan Carlos Varela has appointed a team to study the feasibility of a cross-country, high-speed rail line. The two anchor stops would be Panama City in the east, and David in the western province of Chiriqui. Both cities are Panama’s two main business centers, with an increasing amount of investment and tourism making Chiriqui a hot destination going into 2016 and beyond.  Continue reading »

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Panama’s Western Suburbs to be Transformed by “City of Hope”

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A few weeks ago, ground was broken on one of Panama’s most ambitious residential projects to date. But unlike much of the new luxury construction in the city, this project is decidedly different. City of Hope will be classified as affordable housing; something that new Panamanian development is sorely lacking. Known as “Ciudad de Esperanza” in Spanish, the project will be built as a mass-scale affordable housing community in one of the city’s most underdeveloped, but densely populated areas known as Vista Alegre, in the area of Arraiján. This area, despite being largely ignored by property developers in the past, has a strategic location near the west bank of the Canal, and serves as a residential community for many of Panama City’s commuting workforce. Continue reading »

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Panama’s Economy is Ranked 9th Worldwide for Foreign Direct Investment

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Panama’s economy has only recently gained significant global recognition, despite nearly double-digit growth over the past ten years. And this year, it appears that the growth trend is continuing stronger than ever. Panama is a small country with a lot of potential, open markets, and favorable investment and lender regulations. It’s also one of the best logistically placed countries for business in the hemisphere. In recent statistics marking economic strength and competition, Panama ranked 2nd in all of Latin America, and in the top 50 in the world; and for a nation that’s growing so fast, these numbers are impressive. Continue reading »

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