Zona Libre Panama Explained

The Zona Libre Panama, better known as the Colon Free Zone, is one of the most important tax free zones in Latin America and the Caribbean. It is the second largest tax free zone after Hong Kong.What is a Zona Libre?It is a geographical area that allows companies located in this zone to import and export products without paying any duties. This allows products to remote controlled air swimmers stay competitively priced when it arrives at its final destination.More information about PanamaThe Republic of Panama is located in Central America. The border countries are Colombia and Costa Rica. The population is approximately four million people. Although it is a small country, it is one of strongest economies in Latin America as it is strategically located as the doors to the region. The language that is spoken is Spanish but there is Air Swimmers a large English speaking community. The Republic of Panama also enjoys economic stability thanks to the use of the US dollar as its legal tender which fluctuates less than other currencies in the region. A large banking center, a strong insurance industry and high tech ports also contribute to the success of this zone. It is also the home of the famous Panama Canal which allows ship to cross from the Pacific to the Atlantic and vice versa in less than one day. This saves a valuable amount of time and money.Why should you buy from the Zona Libre Panama?It is strategically located thanks to the Panama Canal which is often referred to at the crossroads of the world.Facts:* Second largest Tax Free Zone in the world after Hong Kong*Second largest tax free zone after Hong Kong*More than 400 hectares*2500 wholesale companies*300 000 buyers every year*Over 25 000 employees*More than 10 billion worth of imports and exports yearlyThe expansion of the Panama Canal is expected to be finished by 2014. This will allow Post Panamax ships to cross the gateway and will surely help make the Zona Libre S107 helicopter Panama even more dynamic.