Panama Business

“There’s an inescapable feeling that you’re in on a secret the rest of the traveling world has yet to discover.” Lonely Planet

Many of these travelers are businessmen who wish to move existing companies, or open new ones, in financially friendly Panama. Since the IMF (International Monetary Fund) has recently touted the government for encouraging economic growth and export-oriented services, the stream of eager investors is likely to become a torrent. Throw in the additional savings advantages offered by Colon (a duty free zone) and manufacturers as well as transshippers are joining the crowd.

Panama has played a major ace card by offering a long list of generous government incentives -- they are appealing to small and mid-size businesses, in fact any size business at all. So if you’re tired, or bored, with your current profession or business, this might just be the place to reinvent what you already know or try something new.

And you’ll definitely want to check out available resorts, small hotels, even B & Bs, where generous construction incentives for renovation, as well as low building costs, offer you an opportunity you might not be able to afford in the U.S., Canada, or Western Europe. On top of this, real estate to buy or build -- whether for your business or home -- is very reasonable and appeals with its own set of incentives.

You don’t need to confine yourself to Panama City or Colon. Wonderful opportunities are available in Boquete (Chiriqui Provence), Bocas del Toro, El Valle Anton, Las Perlas Islands, to name just a few. Or extensive farmland or reforestry ventures might appeal -- all this in a country that boasts nearly every sort of typography imaginable. You have your choice of beach front acreage, to tiny islets, to undiscovered valleys, to mountain villages, to densely jungled land perfect for eco-tourism, to rolling meadows .

Something is sure to appeal, especially with the business incentives and residence plans the Panama government is offering. So let’s bullet point, in brief, some of the major reasons why Panama could make sense for you.

More Panama Business Information:
General Business Information
The Colon Free Zone
Government incentives and guidelines
So what can you expect?