There are several opportunities to start a business in Panama, due to the constant economic development and international relations. Panama is a country that has one of the most stable and strong economies in Latin America. It is important to emphasize that before starting a business, the Panamanian laws must be understood and fulfilled.
Invest in real estate
Investing in real estate in Panama has become a common and fruitful business over the years. Investing in Panama is a great opportunity to generate large dividends as a result of its strategic geographical location, productive potential and natural resources with a stable economy.
Buying a property in Panama is a good investment and also a fairly simple process. The government offers several tax advantages in terms of investing in real estate in Panama, increasing the interest of many entrepreneurs.
Restaurant in Panama
Panama is not only distinguished by its natural beauty and its cosmopolitan city, but also by its rich and varied gastronomy. That is why gastronomy encompasses several business opportunities in Panama. You can start with a catering and then when you have more income you can choose to rent a local in Panama.
An excellent idea to have a profitable business in Panama, is the messaging. Panama is a country where companies and people daily need to process or deliver a document to an entity or company. A messaging company relies on task fulfillment, package delivery and message sending.
Just make sure you have reliable transportation as you will need it to pick up and deliver the packages each day. You can probably start with a car, motorcycle, truck or SUV.