HOW STABLE IS THE ECONOMY IN PANAMA? - Move to Panama - Live in Panama | PANAMA ECONOMY

To move to Panama, one should answer the question of "How Stable is the Economy in Panama?" For the long term, the Panama economy should be a major consideration for any expat planning to live in Panama.

In this video, we cover:

- Panama Economic Ranking (#9 in the Americas and #55 in the world: Index of Economic Freedom)
- Panama Banking System
* Ranked #11 safest banking system in the world
* Banking is 10% of GDP
* No tax on earned interest
- Inflation in Panama (consistently lower than in the U.S.)
- Panama Free Trade Zones (tax and special incentives for businesses)
* Colon Free Trade Zone (no tax on imports; reduced land costs)
* Panama Pacifico Trade Zone
* City of Knowledge Economic Zone
- Panama Canal
* Panama Canal Revenue ($2.6 billion annually)
* Panama Canal Toll (up to $600k)
* Panama Canal Expansion ($5.3 billion in 2016)
- Panama GDP (Gross Domestic Product)
* Canal is 10% of GDP
* Annual GDP growth: 4-5%

PRODUCTS AND SERVICES WE RECOMMEND

RocketTV (Internet TV - 900 channels - $55 / 3 months)
https://rockethd.tv/?ref=9037

Android TV Box 10.0 4GB 64GB (Better than FIrestick for ease of Google Play Store downloads)
- Comes with a FULL hand held keyboard remote with backlight
https://amzn.to/3taFBew

Surfshark (VPN - Needed for Internet TV)
https://get.surfshark.net/aff_c?offer_id=6&aff_id=6098

Fiverr (On-line jobs)
http://www.fiverr.com/s2/9de9a532e9

Ship Bob (3rd party Logistics to ship your products in the U.S. when in Panama)
https://lddy.no/psdu

Freelancer (On-line jobs
https://www.freelancer.com/get/chosenfewexpats?f=give

Holy Anointing Oil
HAO Blessed Oil (1oz) https://amzn.to/34lXb3A
HAO Blessed Oil (4oz) https://amzn.to/2GelDfl
HAO Blessed Oil (8oz) https://amzn.to/36rok7T

INTERNATIONAL WIRE TRANSFERS (to Panama and Offshore Accounts in Various Currencies)
TransferWise
https://transferwise.com/invite/u/304579d

Payoneer
http://share.payoneer.com/nav/MJClcelk4akoGp-QLF3JX5TSMpwU3Qe0MXwQatl9UsWgITH3atpFXS9yLdTbN14NZEj5QuTtMzq1KHcWUA5Qaw2

On-line Teaching Certification
Premier TEFL https://premiertefl.com?ptaff=655

On-line Teaching (Training for how to build an on-line teaching business)
Not Your Average English Teacher
https://chosenfewexpats.krtra.com/t/uNiFnkGc0grK

Видео HOW STABLE IS THE ECONOMY IN PANAMA? - Move to Panama - Live in Panama | PANAMA ECONOMY канала Chosen Few Expats