| Thom Lane Pedasi Panama | | | | According to Panama's constitution, nationals and |
| Panama offers a higher quality of living at a lower cost | | | | foreigners are treated equally under the law. Both |
| and with less crime than typical Central American | | | | Panamanian and foreign companies must fulfill the |
| destinations, although Panama City is rapidly getting to | | | | same basic requirements to organize and operate |
| world pricing. Panama has a wealth of variety to offer | | | | most types of business activities in Panama. There are |
| whether it is beaches, lakes, mountains or the | | | | restrictions on foreigners participating in retail trade and |
| countryside and prices for real estate purchases with | | | | practicing certain professions. In practice, however, |
| a range of choices for practically any budget. | | | | there are legal ways to overcome these restrictions. |
| The Colon Free Zone, the second largest in the world | | | | Panama has one of the most modern and flexible |
| after Hong Kong, is a vital trading and transshipment | | | | corporate law frameworks in Latin America. Panama |
| center serving the region and the world. Panama has | | | | is an interesting and potentially profitable jurisdiction for |
| no restrictions on the outflow of capital or outward | | | | licensing agreements and joint ventures as well as |
| direct investment. Its accession to the World Trade | | | | routine commercial operations for international |
| Organization in mid-1997 opened up trade and lowered | | | | companies. |
| tariffs. | | | | |