Many foreign investors and business people are looking at the Republic of Panama as they realize the enormous advantages of setting up an offshore bank account and also how easy it is to set one up. If you have considered opening an offshore banking account but are not sure which offshore jurisdiction offers you the most benefits, we welcome you to read about the top ten benefits that Panama offshore bank accounts offer.

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.

PMC Group Panama has over twenty-five years of experience in both Corporate and Individual Law. It has earned a reputation as a trusted advisor to many companies and individuals wanting to know more about setting up Corporations, Private Banking and many other offshore services. PMC Group Panama is now enabling its esteemed clients to benefit from its offshore services by offering the Offshore Corporation & Private Interest Foundation package.

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.

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 [...]