PANAMA: RETIREMENT PARADISE

Panama is the Perfect Offshore Jurisdiction and a Great Place to Live.

1. Panama enjoys a stable, democratically elected government, that is Sovereign since the 2000 return of the Canal.

2. Panama's economic performance is, year after year, better than nearly every other Latin American country. For 40 years Panama's inflation rate averaged less than 2% per year, unheard of south of the US.

3. Comparing its neighbours, Panama has more amenities than traditional retirement in Mexico or Costa Rica -- but living costs and crime rates are far lower. Housing, food, transportation, and entertainment are very inexpensive.

4. There is far less red tape and less interference from local authorities.

5. The government of Panama and its laws actually encourage foreigners to invest and live there.

If you're looking for a country of residency: Panama boasts one of the most attractive programs for foreigners on offer anywhere in the world. As a Panama "pensionado," you are eligible for discounts on just about everything you buy. If you buy or build a house you pay no property taxes for 20 years. As a resident you pay no taxes on foreign earned income.

Panama has excellent asset protection, offshore corporation laws and the largest banking sector south of Miami.

Panama offers:

1) tropical weather;
2) a low cost of living;
3) reliability and efficiency absent in other Latin American countries;
4) favourable offshore banking laws;
5) a stable economy, with the US dollar as currency;
6) government investment incentives that slash tax rates and fees for entrepreneurs and;
7) a diverse geography from mountain ranges to tropical islands, from a booming metropolis to vast jungles.