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The Republic of Panama provides unique benefits for both international and domestic investors and is surrounded by crystal clear water on two oceans, boasts of over 1,500 islands, green mountains and the largest rainforest in the Western Hemisphere outside the Amazonas.
Panama’s economy is oriented towards the services sector and has been dollarized for over 100 years, giving it unique stability.
Panama has the fastest growing economy in the world (World Bank) with an average annual growth rate of 6% (International Monetary Fund) that is fuelled by the Panama Canal.
Inflation is among the lowest and most stable in the world at 0.7% in 2017 and an average of 0.4%.
It receives over 45% of the Direct Foreign Investment in Central America and has the largest number of trade agreements in the region.
Panama's location and role in global trade makes its success vital to U.S. prosperity and national security.
The banking and financial system has been highly regulated and competitive for over 40 years with over 88 local and international banks.
Its territorial tax system only taxes domestic income - not foreign income.
Foreigners have the same rights to property ownership as Panamanian citizens.
Panama is “the Hub of the Americas” with more than 132,000 direct flights annually to 90 destinations in 35 countries.
Tocumen International is the most connected airport in Latin America, with direct connections to all major cities on the continent.
Panama is one of the safest countries in the world (Global Peace Index 2017).
Almost 8% of the world’s total commerce passes through the Panama Canal and most destinations in America can be reached in 7 days.
It has the highest internet speed in Central America and virtually unlimited bandwidth.
Panama’s crime rate is comparable to the USA and it's the safest country in Central and South America.
It is number 10 in the world for medical tourism and has several modern hospitals and skilled doctors by international standards.
Panama is the world’s best place to retire (International Living 2019 Retirement Index) and magazines from Forbes to Vogue all recommend Panama as your next destination.
Panama is, unlike other parts of Central America, rarely hit by hurricanes and earthquakes and the Pacific Coast is especially well protected, making property at Azur safe.
You can find more information about the facts presented above on Proinvex Panama and the US Department of State.
