Businesses looking to invest in Central America should set their
sights on Panama.
Panama has a robust economy based on the US dollar, a stable
government, and is involved in many free trade agreements. Panama
has served as the crossroads of trade for the Americas due to the
Panama Canal, making it one of the world's most important areas
for trade. The country also has a low cost of living and is very
safe.
Panama's economy is growing and is expecting 5% growth in
2019. There are investments in public infrastructure and in
February 2019 a copper mine will be opening and is expected to
generate about $2 billion of annual exports helping to boost the
economy of the country. The Panama Canal is essential for global
trade and represents 10% of the country's GDP. One of the
sectors that has lost importance in the country is agriculture. The
main sources of economic activity are logistics, financial services
and tourism. Panama can offer tax incentives for
