Ernesto Chong

A Panama Private Interest Foundation is generating a lot of interest worldwide and is being rightfully touted as one of the most secure ways of protecting your hard earned assets. Ernesto Chong Coronado and his company, PMC Group International has been successfully offering offshore services for many years.

Of late offshore banking is slowly becoming a preferred choice for many international investors and Panama offers them myriad opportunities to explore.

Ernesto Chong, owner- PMC International Management Corp. and Management Consulting Consultant, has recently received the ACAMS® Certification.
The Association of Certified Anti-Money Laundering Specialists® (ACAMS®) provides credentials to the experienced professionals in the field of money laundering detection, prevention and control after a rigorous examination designed by industry leaders.
ACAMS in cooperation with Applied Measurement Professionals (AMP), [...]

Panama has one of the most successful international banking centers in the world. The International Banking Center (IBC) of Panama has 90 banks – of these 43 have a general license, 32 have an international license and 7 have a representation license. The banking sector employs around thousands of people and contributes about 8% to Panama’s GDP.

Top 10 Reasons to move to Panama

Panama is a Central American country located between the Atlantic Ocean in the north and the Pacific Ocean in the south. It has 100% tropical (slightly hot and humid) climatic conditions. The rainy season stretches from May to November and the dry season from December to April. The temperature usually ranges between 80-90 degrees [...]

Investors and Entrepreneurs can be quite skeptical about investing in foreign markets for establishing a corporation in another country can be a daunting and complex process. Complicated legal regulations and unknown market situations always restrict offshore investment. However, Panama historically has always attracted business people and investors from all over the globe due to its [...]

Recently I had the pleasure of attending a wonderful event in Belize for the Caye Bank International new building grand opening and Asset Protection conference.  I was representing my company PMC Group International and speaking to a group of foriegners eager to learn more about how to protect the monetary and tangible assets they posses. It was [...]

Capital safety and inventory security is of utmost importance for individual as well as corporate investors. Offshore investment increases the capital and investment risks because it involves more than one economy. Capital loss prevention strategies and underlying laws of offshore jurisdiction are the key factors that ensure assets protection.
Even if you have a comprehensive loss [...]

More than 15,000 Americans currently live in Panama. This figure is not surprising since the Panama Canal Zone was under U.S. control until the year 2000. During this time the country had strong American presence and became very Americanized.
Another reason for living in Panama is country’s warm climate. If you’re tired of cold weather you’ll [...]