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Panama
Investments
Panama Financial Advantages
Selecting an
offshore jurisdiction is an integral part of
establishing an offshore structure or financial
account. The jurisdiction that you choose should
have at the very minimum, the following 10
characteristics:
-
A Full Fledged
Tax Haven - no capital gains tax, no interest income
tax, no inheritance tax, etc.
-
Favorable
Incorporation Laws - the corporate laws of the country
should enable you to hold "Bearer Shares", have
directors from any country, inexpensive, and be able to
incorporate Private Interest Foundations.
-
Stable Currency
With No Currency Restriction Regulations - there should
be no restrictions on the movement of funds in or out of
the country.
-
Strict Privacy
Laws - there should be strict privacy laws that protect
your banking information and corporate book information
from anyone, including foreign governments.
-
Stable
Government - the government of the country should be
stable and should use the opposite legal system of your
domestic country (if your country uses common law, you
should seek a country that uses roman law). The country
should be safe to visit.
-
Stable Economy -
the economy of the country should be stable.
-
Excellent
Banking System - the banking system of the country
should be advanced both in areas of banking
infrastructure, government auditing, and technology.
-
Excellent
Communications System - the communications systems of
the country should be technologically advanced in
comparison with first world countries.
-
Language
Compatibility - the language of the country should be
suitable for your understanding.
-
Time Zone
Compatibility & Close Location - the time zone of the
country should be such that you can contact your
offshore provider or financial institution during your
normal domestic business hours & fly to the country
quickly if necessary to handle business.
-
First World
health care at Third World prices.
After careful
research, you will find Panama to be the ideal jurisdiction
for your offshore needs. The Panama corporation law was
promulgated over 70 years ago and has since been copied by
many of the other tax haven nations such as Bahamas, St.
Vincent, Bermuda, Belize, Isle of Man, etc.. Panama is one
of the most popular places in the world to incorporate, with
currently over 350,000 registered entities. Panama also
offers the Panama Private Interest Foundation, which is one
of the most useful asset protection and estate planning
vehicles available today. A still-growing economy and a
bright economic outlook, underpinned by the Panama Canal and
the Colon Free-Trade Zone...Panama continues to side step
the global near-depression.
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