Investing in Panama
 
Living | Investing

OUR ADVANTAGES
Panama has a lot of "Business Advantages" to offer and Quality Investment Inc. as your global business partner, understands and assist you in all of your business needs.

The Dollar
The attractiveness of the country's economic system, besides its geographic position, is that Panama has a completely dollarized economy, with the presence of a banking system that has been internationalized and integrated to the main world financial markets.
The dollar circulates as the legal currency, parallel to the Balboa, which is the national currency. Because of this, Panama has maintained one of the lowest inflation levels in the hemisphere, remaining below 2% during the last 40 years.

Panama's Business Environment
The investment climate is stable in social, political, labor and economic matters. It is also stable in the legal atmosphere, since it is characterized by being fair, transparent, consistent and conducive to investment. Today, because of its economic structure and encouragement laws, Panama has the most favorable climate for foreign investment in the region and it also has the lowest labor strike index in Latin America.

Colon Free Zone
Located at the Caribbean-side entrance to the Panama Canal, just 55 minutes by car from the Pacific, Colon is the country's main port for the import and re-export of merchandise. The Colon Free Zone is the most important free trade zone in the western world.
Colon is approximately one hour by car from Panama City via the Panama-Colon highway. Buses leave every hour from the Albrook Bus Terminal. Aeroperlas also flies to the city of Colon from Albrook Airport. You can also get to Colon via the railway from Panama. The trip takes 50 minutes.

The free zone is the second largest import distribution center in the world. All types of products, from raw materials to machinery, can be imported, stored, modified, distributed, processed, assembled, re-packed and then re-exported without being subject to customs duties.
The largest international free trade zone of the western hemisphere was created by Law Decree No 18 of June 17, 1948. The Free Zone performs import and export transactions for approximately 11 billion dollars a year.
More than 1,800 companies are installed in the Free Zone, offering buyers of all parts of the world business opportunities and other advantages, among which we can mention: strategic geographic location, modern ports, storage, container deposits, banks; currency stability (American dollar), tax exemption for commercial transactions.

International Financial Center
The International Financial Center of Panama is the only one of its kind in the region, for this reason, Panama is considered a Latin Switzerland. This is one of the most modern, updated and prepared financial centers for the competitive globalization forces.

The International Financial Center of Panama has 74 banks from more than 35 countries, and its assets add up to a little over thirty billion dollars. It provides the full range of financial and banking services at the national and international levels, and there are no restrictions on capital transfers, nor on type of change.
Some of the international banks that are present in our International Financial Center are: HSBC, Citibank, Bank of Nova Scotia, BBVA, Banque Sudameris, Bank of Boston, Banistmo, Banco de Bogotá, Hong Kong Exchange Bank, Bancolombia, Dresdner Bank Lateinamerika AG, Banco Cuscatlán, Bank of China, among others.


One of the most important thing you have to consider when you visit our country is to learn Spanish in our academy ISC PANAMA . Do not lose this wonderful experience!

 
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