panama offshore company formation
The Republic of Panama is a country of Central AmericaLocated between Costa Rica and ColombiaThe Caribbean Sea and Pacific Ocean.
In its territory the Panama Canal, Which facilitates communication between the coasts of Atlantic Ocean and Pacific Ocean. The country also includes the Colon Free Zone, The largest free zone in the western hemisphere and the second largest worldwide. The growth of the country is booming and, for 7 consecutive years has been considered by the advertising group International Living as one of the five best places to retire.The Republic of Panama is named for the Panama City, Where he held the town hall and signed the Act of Separation of Panama from Colombia and similarly for the Isthmus of Panama, Covering the territory.
The word Panama is of Indian origin, probably from the cave.[5] There are multiple meanings and references to the name assigned to Panama, but it is commonly accepted meaning abundant fish and butterflies.[6]
Some historians attribute the name of the majestic tree locally called Panama (Sterculia apetala) Of leafy shade and very common in the area, which met under the Aboriginal families.
With respect to the Panama City, near the site of the city founded by Pedro Arias, were small settlements of fishermen called Panama, as indicated in a letter, which some authors could be the reason for the christening of the city that name.
Your Highnesses will know that Panama is a fishery in the South Sea coast and the Indians being fishermen say Panama
Panama City was founded on August 15 of 1519 by Pedro Arias Dávila, Known as Pedro Arias, the first Spanish city on the shores of the South Sea or Pacific Ocean and the mainland’s oldest that still exists today as a city. Its foundation replaced the former cities of Santa Maria la Antigua del Darién and Acla, becoming the capital of Castilla del Oro. The September 15 of 1521Received by Royal Decree the title of City and Coat of Arms conferred by Carlos I of Spain. Panama City became the starting point for exploration and conquest of Peru and transit route for shipments of gold and riches from around the Pacific coast of the Americas that were sent to Spain.
In 1671 the city is attacked by forces of the English pirate Henry Morgan with the intention of sacking the city. Due to security and population and property, the captain general of the mainland, Don Juan Perez de Guzman ordered to evacuate the city and blow up of powder deposits causing a huge fire that completely destroyed the city. The ruins of the ancient city still remain including the tower of the cathedral and are a tourist attraction known as the historical monuments of Old Panama, recognized as world heritage.
Panama City was rebuilt in 1673 at a new location 2 kilometers west-southwest of the original city at the foot of Ancon Hill, now known as the Old Quarter of the city.
In 1821After Panama’s independence from Spain and the voluntary union Gran Colombia of Simón Bolívar, Panama City Capital goes Castilla del Oro and the Duchy of Veraguas, to be the capital of State of the Isthmus.
The Gold Rush in CaliforniaIn 1848, Turned back to the isthmus as the route of travelers crossing the road to North American west coast, returning the commercial prosperity of the city. In 1855 began operations on Panama RailroadThe first transoceanic railway from Panama City on the Pacific to the Atlantic coast of the isthmus.
In 1903 the Republic of Panama declares its separation from Colombia and Panama City becomes the capital of the new nation of Panama. With the construction of Panama Canal improved the city’s infrastructure in areas such as health, the eradication of yellow fever and malaria, reconstruction of streets and sewers, and the introduction of the first water system. During the WWIIThe construction of military bases and the presence of large numbers of U.S. military and civilian personnel brought new levels of prosperity and commerce to the city.
During the years of 1970 and 1980, Panama City became one of the strongest banking centers in the world on a par with the city of New York, And the financial and insurance mightiest of all Latin America.
The December 20 of 1989 the U.S. military. UU. invaded Panama City in order to capture the general Manuel Antonio Noriega, Commander of the IDF and the last military dictator of the Republic of Panama, who was accused of drug trafficking in U.S. courts. As a result of such military action Chorrillo neighborhood, where he was the commander of the Panama Defense Forces, was largely destroyed.
Today, Panama City, which includes the districts of Panama and San Miguelito mainly, and other nearby districts and corregimientos exceeds the 1.2 million inhabitants, one of the most advanced and cosmopolitan cities in the Americas, with numerous and leisure attractions, hotels and world-class restaurants, casinos or shopping malls and international, nightclubs and leisure, banking center, the center of insurance and reinsurance, and its imposing buildings and skyscrapers, some of them among the highest Latin America and the world.