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Offshore & Taxes, Real Estate & Investing, Panama, Panama Special Reports
Banking In Panama – Where And How To Open Your Account
Offshore & Taxes, Real Estate & Investing, Panama, Panama Special ReportsBanking In Panama – Where And How To Open Your Account
Panama is Central America’s preeminent banking destination. Its thriving banking sector has fueled the growth of the country’s economy and attracted dozens of international banks from around the globe. Of the 75 banks currently operating in the country, 2 are state-owned, 47 have general licenses, and 26 have international licenses.
Why Panama, you ask?
For starters, the country boasts strong regulatory oversight that maintains the stability of the banking system, and banks tend to stay afloat during periods of economic turmoil. Favorable tax incentives and high certificate of deposit (CD) rates draw in a constant flow of cash from foreign individuals and entities. On top of that, there are several laws in place that help ensure the privacy of clients. Together these factors contribute to Panama’s appeal as an offshore banking haven.
SKU: PSR-BANKING-PANAMA -
Panama, VIP
Panama Circle
Panama is one of the world’s top retirement havens. It’s the world’s top offshore haven and an international banking center. Its pensionado program of special benefits for foreign retirees is the Gold Standard. And, as a foreign resident, you can pay zero local tax.
Panama is one of the best places in the world right now to start a business… and one of the easiest places to obtain foreign residency. Plus, outside Panama City, this beautiful country hides the smartest beach, river, and mountain property buys anywhere on the planet today.
Here in Panama, the opportunities are many. But, to realize them, you need on-the-ground help, especially if you’re not living in Panama full-time yourself.
That’s where we come in. Our in-Panama staff now numbers 17 of the most experienced and knowledgeable Panama-philes you’ll find anywhere, some expats (from the United States, Russia, Romania, Germany… ), others native Panamanians. The truth is, nobody knows Panama like we know Panama. Our Panama experts are top-notch and super-connected. They know how to get things done and how to make things happen in this country that continues to offer such an abundance of upside.
For the past two years, this in-country team has been happily working overtime to help our lifetime Panama Circle Members explore and take advantage of the many benefits of living, retiring, investing, and doing business in the Hub of the Americas.
“Members receive US$3,000 toward the purchase of real estate in the country, free attendance at every Panama event we hold throughout the lifetime of their membership, the complete and focused attention and support of our Panama Circle Members Liaison Marion De Mena, and private consulting with our key in-Panama experts and advisors.”
SKU: VIP-PC -
Retirement & Lifestyle, Panama, Panama Special Reports, Get Started
Taboga Island | Panama Special Report
Retirement & Lifestyle, Panama, Panama Special Reports, Get StartedTaboga Island | Panama Special Report
Taboga is a 12.1-square-km island that sits in the Gulf of Panama in the Pacific Ocean. The handiwork of volcanic forces, its hilly topography offers spectacular vistas of Panama City and the gigantic ocean liners that queue to enter the Panama Canal. Also known as La Isla de Las Flores (the Island of Flowers), it’s not only the sights that draw you in but the sounds and smells… This is a place that’s steeped in history.
Taboga is only 20 kms offshore, meaning it could almost qualify as a Panama City neighborhood… It’s close enough that you can enjoy the conveniences of the capital, but far away enough that you’re removed from its chaos. Its expat population, mostly made up of retirees from Canada, England, and the States, accounts for roughly 20% of the total number of residents. Many of them own businesses while others simply bask in the tranquility of island living.
In this Panama Special Report, we step off the ferry with you onto Panama’s most easily accessed island filled with color, community, and culture.
SKU: PSR-TABOGA-ISLAND-PANAMA -
Retirement & Lifestyle, Panama, Panama Special Reports, Get Started
The Azuero Peninsula: Western Azuero, Panama
Retirement & Lifestyle, Panama, Panama Special Reports, Get StartedThe Azuero Peninsula: Western Azuero, Panama
This Azuero issue covers the peninsula’s more-rugged corner, the western side. Western Azuero is known for farming, fishing, surfing, and beaches… and let’s not forget about the stunningly beautiful sunsets.
Its undeveloped, western-facing beaches provide unobstructed views of the Pacific Ocean…
The western side of Azuero was previously only known to cattle ranchers and wealthy farmers… Then surfers came. They managed to keep the great waves a secret, but word eventually got out. Now, international surfing championships are held here.
In this area you’re surrounded by nature, pure and raw… Capuchin and howler monkeys call from the trees, sea turtles lay their eggs along the beaches, and, in season, dolphins and whales swim and play offshore.
Azuero could be right for you. You’ll have to check it out in person to know for sure…
SKU: PSR-WESTERN-AZUERO -
Retirement & Lifestyle, Panama, Get Started
2022-2023 Panama Letter Index
Interested in retiring to Panama? Want to know more about what Panama has to offer?
We scoured the country to identify Panama’s Top 10 Retirement Destinations For this new edition of the Panama Letter Index.
This Index is a comprehensive guide to the 10 places in Panama you should be looking at for retirement. We handpicked these places and then organized, graded, and ranked them using the criteria we think are most important to retirees, like Cost Of Living, Health Care, Ease Of Access, and more.
Panama offers a vast diversity of lifestyle options, from first-world city living to off-grid ruggedness, rustic country lifestyles to upscale beach communities. The Panama Letter Index is your roadmap to discovering that diversity and filtering the options according to what suits you best.
Settle in now to discover our top 10 picks for retirement in Panama.
SKU: RPT-PANAMA-INDEX-2022