Boomtown PanamaSAMANTHA RUSSELL

Panama has 4 million people, half of whom live in the city.

Panama isn’t very agricultural.Panama isn’t very industrial.

Service Provider

❖Shipping❖Finance❖Balboa

currency

Panama’s GDP Growth is 4.9% per year

❖Panama: 4.9%

❖Colombia 2%

❖United States of America: 3.3%

❖And about 80% of that very reasonable 4.9% GDP is from the service sector.

The Canal is worth US$ONE BILLION

❖ TEU = US$75

❖ Average ship = US$320,000

❖ 99% of the world’s container ships pass down the Canal.

Panama's banking industry is the most modern and most

successful in Latin America, second only to Switzerland in the

world.

Foreign Exchange.

Popular jurisdiction to incorporate.

❖ Easy to incorporate and dissolve a corporate identity.

❖ Territorial tax system.

❖ Bank finance for corporate identity.

Low Inflation 0.7%

Low unemployment 5.5%

Strong middle class.