Why invest in Panama
In recent years, Panama has submitted a great boom in the tourism sector; coupled with the development of economic policies that promote investment throughout the country.
Today there are regulations that encourage those foreign investments in the tourism sector. These are regulated primarily by the Act No. 8 1994 which defines all the incentives for foreign investments, as well as by other laws which supplement these incentives with the main objective to increase the tourism development in our country.
Laws that encourage tourism investment in Panama:
- Promotion of tourism activities
- Protection of the tourism investment
- Expediting the opening of companies
- Regulation of concessions and disposition of territory for tourism investment.
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Source: Tourism Authority of Panama