Panama Benefits and Exceptional Advantages

• Strategic geographical location for business
  
• Stable macroeconomic and political environment with a growing economy
  
• U.S. dollar-based marketplace
• World-class U.S.-grade communications and trading infrastructure, including five submarine fiber-optic links
  
• The strength of the Panama Canal
• Some of the most efficient and active ports in Latin America
• An international banking center including more than 80+ banking institutions
• A westernized economy
• High level of education relative to Latin America, and a bilingual workforce
• Cost of labor in line with Latin American average
• Panama City ranked the third-safest city in Central America

The government of Panama created Panama Pacifico with the passage of Law 41 in 2004. It provides additional benefits for companies in the special economic zone. Some of these include:

• Government initiatives supporting growth including special legal, customs, immigration and labor benefits in the special economic zone of Panama Pacifico
  
• Exemption from certain taxes or no taxes at all 
• Equal rights and protections for property owners, regardless of nationality
  
• For more specifics on Tax Law 41, click here