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What do think about jobs opportunities in Panama?

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Ever since its creation, the isthmus of Panama changed the world´s climate and biodiversity,  linking  2 continents (North & South America). During colonial times, Panama was of strategic importance for trade and transport of gold and silver from South America to Spain, which prompted the idea of a Panama Canal since the 1500s.  The world´s first interoceanic railroad (linking the  atlantic  & the pacific) was built in Panama in the late 1800s which played a key role for trade during the California Gold Rush and US expansion to the West.  In 1914 Panama´s role as an international trade hub was further cemented with the Panama Canal engineering marvel being finally built.

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In June 1948, the Colon Free Zone was established, becoming the largest duty free zone in the Western Hemisphere and Panama´s 1 st  special investment regime complementing it´s strategic position.

Several Multinational Companies such as Gillette Export, Coca Cola export Corp., Pfizer Int., & Park Davis opened for business here. Since then, the CFZ (ZLC) has grown into the 2nd largest duty free zone in the world.

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Modern  Panama´s   Comparative   Advantages

D ollarized    economy  with   almost  no  inflation   since   1904

A  well  developed   and  long   established   international   banking center   with   over  60+  licensed   International   banks.

Sustained   economic   growth   around     7 %   on  average  for  the   last  1 0   years   (leading  the  Latin   American  Region ).

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Panama  currently  has  23   free  trade/commercial  agreements,  spanning   more   than  +60   countries

businesses  operating  from   Panama  direct  access  to   over 1.3  billion  consumers  with   a   purchasing  power  per  capita   of   over +$29,000.00

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Taking advantage of  major infrastructure left  behind by US Military Bases with the Panama Canal reversion on Dec. 31 st  1999 ; as well as creating special economic zones & laws that have established a favorable environment for companies, Panama has been able to capture over 50% of all FDI in Central America.

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Special  Economic  Zones  &  Laws  geared  towards  attracting   FDI

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Taking advantage of a former U.S. Air Force base,   Panama, in conjunction with the private master developer  London Regional, has created one of the largest and most ambitious mixed-use developments in the world and is located right next to the Pacific entrance to the Panama Canal.

Ideal  location   for : High-tech manufacturing, logistics and distribution maritime and aviation services

More  than  +280  companies   located here, including Fortune 500 companies and Forbes Global 2000

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companies employing   over +18,000   people operate   out   of   the   CFZ.

2nd  largest  FZ  &  one  of  the   leading   logistic  centers  for  multimodal   redistribution  in  the   world. Located  adjacent  to  three  major shipping   ports   on   the   Atlantic   side   it  is  an   ideal   hub   to   access  markets  of  Central  America,  The   Caribbean  &  Andean   Community.

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Leveraging  major  infrastructure once  built   for   intelligence  purposes  by  the  American’s,   Panama  created  the  City  of   Knowledge . Here   is   where   you   will   find   the   convergence   of  7  major  sub  oceanic  ﬁber  optic  cables   creating  the  backbone  for  all   telecommunication  throughout  the   region.

Located  just minutes  from  Panama  City  center,  this  area  was   established  to  promote  business,  educational,  scientiﬁc  &   humanistic  collaboration.  it  is  an  ideal  location  for  a  variety  of   activities  such   as:

Member of   IASP International  Association  of  Science  Parks  and  Areas   of    Innovation

Communications Biosciences,   Infotech Environmental   Manage-   ment Entrepreneurship

Human   development Global   Services Businesses   focused   on   the  Orange   Economy

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Panamanian law allows  for  an individual  or company  to  establish a Free Zone  anywhere in  the  country  as  long  as  it   meets certain criteria such  as  a   minimum  area  of  2   hectares.

Permitted  Activities: Manufacturing Assembling Processing Logistics High  Tech   Research Environmental   Services Health   Services

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This  law,  popularly  known  as  “SEM”  ( Sedes   De   Empresas   Multinacionales )  provides  beneﬁts  in   tax,  labor,  customs  and  immigration.  It  grants   Multinational  companies  greater  flexibility  and   access   to  over  400  million  people  living  within  the  Latin   American   market. Currently  over  +  1 6 0   registered  companies  with over  $1  billion  in   investment. Focused  activities   include: Operations   management Logistics  /   warehousing Design   /   construction   plans Electronic   processing R&D,  product   development metr

To be eligible, multinationals must  manage $200MM or more in assets of  the corporate group and/or have at  least 7 subsidiaries.

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Manufacturing  Services  for  Multinational   Companies. Panama   has   constantly   strived   to   be   a   world   leader   when   it  comes  to  doing  business  on  a  global  scale.   Once  again   through  the adoption  of  the  new  law  EMMA  (MSM),   Panama  will attract  major corporations  to  establish   manufacturing  operations  here.  Our  commitment  is  to   offer  legal  security,  boost  economic  growth,  generate  new   jobs   and   capitalize   on   the   transfer   of   technology. Immigration  benefits  for   executives. Similar  requirements  to  the   MHQ   regime. 5%  income     tax .

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The   Panama   Film   Commission   was   created   to   promote   and   facilitate  the  production  of  motion  pictures  and  to  enhance   the   film   industry   in   general   within   the   country. What do  we   offer? Great   Locations:   Beaches   on   the   Atlantic   and   Pacific,   tropical   rain   forests,   modern   city   views   full   of   skyscrapers,   mountains,   islands,   colonial   historic   district   just   to   name   a   few.

One Stop Shop for all your filming permits  including immigration, customs, work  permits for foreign personnel, and special  requests for film locations within the  national territory. 25% Cash Rebate

PANAMA:

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