Advantages of Offshore Banking in Panama

Post on 26-Dec-2014

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Panama has some of the best banking laws in the world. That paired with the growing economy has made Panama one of the best places to have an offshore bank account.

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Advantages of Offshore Banking

Privacy

Offshore banking in Panama has some of the best secrecy laws in the world.

Economic Growth

Panama has a booming economy, and is now the wealthiest of the Central American nations.

Currency

The currency of Panama has always been the U.S. dollar. Therefore no foreign exchange is

needed for U.S. residents.

Taxes

Panama’s government refuses to compromise tax competitiveness for the benefit of other

countries.