PANAMA, The ideal destination for Investment in the tourism sector.

Panama is the most attractive destination in the region in terms of investment and as a meeting point for local and international businesses. In the last decade, Panama has enjoyed rapid economic growth in the Latin American region and has been one of the fastest growing countries globally, according to the World Bank.

Known as the "Hub of the Americas" for its aerial, digital and multicultural interconnectivity, the city is a destination full of opportunities for business, but also to discover the riches of biodiversity in a neotropical environment. For those interested in looking for a destination to invest, Panama has great advantages over similar places, but also to contribute to a diverse local culture, conservation and research, innovation and entrepreneurship on a large scale.

Panama has a highly regulated and competitive banking sector and financial services system, and there are more than 100 financial institutions active throughout the country. With competitive legislation to promote tourism investments in the interior of the country, Panama has great advantages compared to its neighboring countries; a dollarized economy has allowed great stability and security, convenience in terms of logistics and trade in general is monetized. This is not to mention the high quality of life enjoyed by Panamanians or foreigners who reside in or visit the beautiful country.

The strategic location of Panama and its interoceanic presence place the country as a destination with strong potential for cruise ship and mega yacht tourism. The national government has recently approved an executive decree to offer incentives to cruise lines that invest in doing their Base Port Operation, from a Cruise Port in the Republic of Panama.

Benefits of Investing in Panama:

– Diversity of Natural, Cultural and Human Heritage

– Investment Facilities – Tourism Investment Incentive Laws

– Strategic location – Connectivity, Technology, Infrastructure

– Stability and Sustainability – Economic and Social

Through the update of the Master Plan for Sustainable Tourism 2020-2025, the Tourism Authority of Panama (ATP) has focused on investment in Tourism – Conservation – Research (TCI). Investors aware of the environment, local society and the natural and human heritage that gives immeasurable value to this small country, but so great in its wealth and potential for sustainable growth.

Source: ATP – Panama Tourism Authority