Investments and Business

What United States citizens need for Panama work authorization

What United States citizens need for Panama work authorization

Panama has managed to position itself as one of the main countries in Latin America for several reasons, but the ones that stand out the most are its growing economy and its strategic location, both working as a focus of attention for many foreigners in search of job opportunities. However, if you are a United States citizen and want to work legally in the country, it is essential to obtain a work permit.Staying current with all your legal documentation is highly recommended, as it simplifies your job search and prevents any potential hassles for those involved. Furthermore, consulting a reliable…
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How Ficohsa and ACT are Setting New Standards for Anti-Corruption in Central America

How Ficohsa and ACT are Setting New Standards for Anti-Corruption in Central America

Transparency International, working alongside the Partnership for Central America (PCA), has launched the pioneering Anti-Corruption and Transparency Initiative for Central America, known as the ACT Project. This bold endeavor aims to enhance corporate integrity and foster a more welcoming environment for investment across the region.The launch event provided a platform for a strategic debate on the project's objective. It has the potential to revolutionize the regional business landscape and create sustainable growth through transparent practices and collective action by bringing together prominent stakeholders and industry experts.In the upcoming article, delve into the details of this innovative initiative and explore the…
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How Ficohsa and ACT are Setting New Standards for Anti-Corruption in Central America

How Ficohsa and ACT are Setting New Standards for Anti-Corruption in Central America

Transparency International, in collaboration with the Partnership for Central America (PCA), has unveiled the groundbreaking Anti-Corruption and Transparency Initiative for Central America (ACT Project). This ambitious initiative seeks to elevate corporate integrity and create a more favorable investment climate throughout the region.The launch event served as a venue for a strategic discussion on the project's aims. By uniting key stakeholders and industry specialists, it has the capacity to transform the regional business environment and drive long-term growth through transparent practices and collaborative efforts.In the upcoming article, explore the details of this innovative initiative and learn about the various advantages it…
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Steps to open a bank account in Panama from United States

Steps to open a bank account in Panama from United States

The financial market provides a multitude of strategies to safeguard individuals' savings while simultaneously presenting attractive investment prospects. One such opportunity is the chance to open a bank account overseas.Panama distinguishes itself as an ideal location for such transactions, owing to its economic stability, the use of the dollar as the reference currency, and the tax benefits it provides. In contrast, other Latin American nations experience continual fluctuations and devaluation in their local currencies, making Panama's stability particularly appealing. Nonetheless, understanding the necessary steps and prerequisites is crucial for successfully completing this process.Moreover, if you're considering opening an offshore account…
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