PMC International is a leading enterprise offering financial and legal advice
to businesses, investors and entrepreneurs who are planning to set up a
business in the Republic of Panama, make individual investments or market
their services worldwide by being based in Panama. Whatever the requirements
of the business or individual and their future goals, PMC International has the
experience and resources to guide its clients successfully towards those goals.

There is no doubt that the Republic of Panama has very high prospects of
economic growth in the year 2010 as the global economic recovery is slowly
beginning to take hold. Panama has planned to increase its investment
in productive infrastructure ensuring that the strong economic growth the
country had shown in recent years will continue in the years to come.

In fact, the professionals at PMC Group International will work with the client
to first understand what their requirements are and what business, financial
and legal structure will work best for them. PMC Group International will then
provide highly personalized attention to clients to ensure that their endeavor in
the Republic of Panama proves to be successful.

The Republic of Panama has enjoyed a real estate boom in the last ten years with a steady stream of new construction and prices of real estate rising everywhere. Though the Republic of Panama is believed to have the third largest economy in Central America after Costa Rica and Guatemala, it is certainly the most industrialized one. With a predominantly service-based economy, Panama has seen growth in all major service sectors such as banking, trading, commerce and tourism.

With Uruguay facing uproar within the country for new taxation laws and the country already under pressure for more transparency in its banking and tax laws, the Republic of Panama continues to move ahead as the leading offshore destination.The Republic of Panama continues on its path of economic growth, attracting investors from the world over by offering attractive tax policies and strict banking privacy laws.

Most of the potential investors who consult with me about possible investment opportunities in the Republic of Panama, are aware of the Colon Free Trade Zone. Most seem to know of it largely as a free zone that drives the economy of the Republic of Panama, while in fact, the Colon Free Trade Zone offers businesses one of the best operating conditions in the world in terms of infrastructure as well as amazing tax benefits.investors and businesses should truly look at the wonderful opportunities the Colon Free Zone offers since with modernization and regular upgrading. It is already the most vital commercial distribution center in the region.

Republic of Panama has all the necessary favourable elements in its economy to facilitate easy access to capital and simply a wonderful place to have a business and raise a family.

I have always maintained that the Republic of Panama has one of the world’s most free economies in the world and my statement is authenticated by a number of International Publications reports prepared by the Wall Street Journal and the Heritage Foundation.I believe that with the excellent track record that the Republic of Panama already has and the support that the government is showing, more and more multinationals will consider setting up their headquarters in Panama.

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.

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.

Panama, a small country with beautiful landscapes and friendliest people, is emerging as a new destination for developing businesses. You can buy a beautiful island, beach, property residential or commercial to either run your business or to settle down after your retirement. The sky is the limit for investment in Panama.
Panama offers you a variety [...]