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Panama is one of the most popular countries in the offshore world.
It is one of the most developed countries in Central America, and it is home to many global entrepreneurs and digital nomads.

One of the biggest advantages of Panama is their tax system.

Panama has territorial tax system, which is appealing to many foreigners who make their income abroad.

So, how does territorial tax system work? This is where we run into issues, as it's not as simple as it may seem at first.
Today we are going to debunk all the myths regarding Panama's territorial tax system. Are you taxable in Panama as an entrepreneur or digital nomad or you can get away with not paying taxes?


Who are we and what do we do?

We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.

We have lots of interesting articles on different topics, we have relevant information up to date.


Author: Michael Rosmer

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