Panamá Investment Climate
By Juliette Passer
Panama offers unique business climate for foreign investors. Major factors to be considered are:
The U.S. Dollar is legal tender
Total absence of exchange controls
Equal treatment of foreign and local citizens under the Constitution
One of the most flexible Corporations laws in the world, based on the Delaware Code as well as availability of other forms of legal entities, including Limited Liability Companies
No restrictions on 100% foreign owned investments
No restrictions on mergers, acquisitions, or joint ventures
High percentage of skilled and bilingual labor force
Favorable investment and financial incentives
Excellent ports, airport and telecommunications
Excellent Hotels and business executive suite facilities
Excellent and stable banking environment, with over 65 international and local banks, branches, and representative offices
One of the largest Free Trade Zones in Colon
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