Date post: | 26-Dec-2014 |
Category: |
Economy & Finance |
Upload: | mata-pitti-attorneys-at-law |
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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.