Panama Legal Bureau Services

ABOUT PANAMA

Ideal destination for retirement & real estate investment, Panama is rapidly becoming one of the favorite places for retirement. Panama is considered one of the best places to live outside the United States. Throughout its history Panama experienced different waves of immigration that helped it become a culturally and racially diverse country. There are a lot of foreigners living in Panama, doing it in a peaceful and tolerant environment. Although Spanish is the official language English is widely spoken.

Retired persons in Panama who apply for a visa have the right to bring all their personal belongings (including one car) free of tax every two years. Also their real estate living property is free of tax.

If you wish to invest in real estate Panama offers different kind of properties. You can choose from a house or apartment in Panama city or beach front, a house on the islands, mountains or countryside at competitive prices. All of that with first world roadways and short distances within properties. Despite heavy rainfall, Panama is usually free form severe storms or hurricanes.

Its political and economic stability (based on US Dollar), relatively low cost of living, friendly nature of its people combined with one of the lowest criminal rates in the region makes of Panama a sure bet to enjoy a pleasant retirement.

Foreign Investment in Panama

Since its economy has historically been oriented towards domestic an foreign trade services, Panama enjoys a favorable environment for business and foreign investment. Due to the fact that Panamanian Law treats foreign citizens and locals as equals there are no restrictions on foreign investment. Panama offers unique elements for foreign investment. It has one of the most dynamic logistic centers of the region comprised of the Colon Free Trade Zone (one of the world's major free trade centers for the redistribution of manufactured goods from Asia, Europe and North America to Latin America), the Panama Canal, Tocumen Airport's Hub of the Americas, Panama Canal Railway, and First Class Ports on both oceans. All of that at a strategic geographical position combined with a favorable tax treatment (Panamanian Law does not consider as taxable income revenues originating from transactions which take place outside Panamanian territory, even when they are managed from within Panama), flexible incorporation legislation and the world's largest merchant marine. Panama also offers an international banking center which operates freely in all currencies and creates a financial environment that encourages the free movement of funds. It has more that 70 international banks in operation and assets totaling more that 3.7 billion US Dollars. There are no restrictions on converting currencies or transferring funds.

Tourist Destination

Panama is a country where expectations are usually surpassed and where visitors can enjoy the many tourist attractions it has to offer. It is an ideal destination for a wide variety of tourist activities such as shopping, eco tourism, fishing (Tropic Star Lodge Resort is known as one of the best fishing resorts in the world) scuba diving, beach resorts, casinos. We have first class hotels, a wide variety of restaurants, a vibrant night life and sporting events.

If you want to go shopping you can buy everything from electronics, cameras, perfumes & cosmetics, jewelry, high quality clothing, apparel, art, handicraft, footwear, at competitive prices.

Panama has a friendly weather all year round. The average temperature during the day is 27ºC(80ºF), which does not vary significantly between seasons. We have two seasons, the dry season which runs form December thru April, and the rainy season which runs from May thru November.

Call Free USA & Canada: 1- 877-2910410

Panama Legal Bureau
Phone: ++ (507) 213.2768 - Fax: ++ (507) 213.2767
Email: info@panamalegalbureau.com