Business people worldwide face economic crisis in their countries due to bank failures and slumping of real estate markets or factories going offshore to other countries. Then they feel it is the time to relocate to another country. If your country is not stable politically and economically, and you want to save your wealth in a country that can protect your assets, Panama is the best option for you.
If you were interested in the Panama Papers scandal, you must be curious about offshore banking. Since the Panama papers were leaked, the world has been confused about whether offshore banks are legal? Thousands of confidential offshore account documents being exposed and exposed to the world. The media has been calling out business tycoons and politicians as tax evaders and blamed them for earning money illegally.