In Panama we have the best banks from almost all over the world, and we use the U.S. dollar as our legal currency. There are no monetary controls on remittances as outward flow of funds, and there are no foreign exchange restrictions, since we do not have a central bank. There is tax exemption on interests earned on time deposits and savings accounts. There is a territorial tax system (only transactions made within Panama are subjected to income tax) and there are tax incentives for a considerable number of activities. We have bank secrecy laws, which protect the right to privacy of financial center users, except in cases of investigations of criminal activities such as drug trafficking, money laundering, etc. There are no restrictions to investing in financial services. As an element of our service oriented economy, the country has many foreign and local insurance and reinsurance companies. The communication infrastructure has developed international security standards. Panama offers modern telecommunication systems and a well-developed infrastructure, supported by international connectivity, using fiber optic cables, submarine cables via the Atlantic and Pacific Oceans, as well as a variety of satellite-based systems. Telephone, cellular, internet, fax and other communication services are widely and easily available in the country.

In addition, Panama offers: the Panama Canal, a multimodal transportation and cargo center, and two international airports, among other facilities.