Financial Services

Financial Services

Panama has used the US dollar as legal tender since 1904, making it the oldest continuously dollarized economy in the Western Hemisphere — your savings, mortgage payments and rental income all move in the same currency, with no exchange-rate exposure. That stability, combined with strict banking regulation, has built Panama’s International Banking Center into a hub holding well over $150 billion in assets.

Opening a Panamanian bank account as a foreigner requires more documentation than it once did — banks now apply thorough compliance checks — and we help you prepare the right paperwork the first time, whether you're opening a personal account, arranging financing for a property, or exploring investment options through one of Panama's local or international banks.

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