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Foreign investment in Panama

Empresas de Mudanza en Panamá
  • Incentive measures for foreign investment in Panama have brought great benefits to the nation, from the Foreign Investor Protection Law (Law No. 54), incentives for investment related to tourism in Panama, the creation of economic zones specials such as Panama Pacifico and the Colon Free Zone. Direct foreign investment makes a good contribution to the national economy and among these investors are the Multinational Company Headquarters or SEM.

  • In Panama there are more than 160 multinational companies and this has contributed to the relocation of expatriates who are assigned to different projects in the country, generally for periods between 3 to 5 years. It is also very common for foreigners to decide to live their retirement years in our country. In Panama there are 51 embassies and 46 consulates. The relocation of the members of the different diplomatic corps adds to the high mobility of expatriates and foreign retirees. The arrival of these people represents a new contribution to the national economy, but is accompanied by an expectation of goods and services of the highest quality.

  • The real estate market in Panama is highly dynamic, in part, thanks to the transit of expatriates and retirees through our country and although it is not the same case for everyone, we can say that there are people who, on average, can move between 1 and 3 times in a period of 5 years.

  • Given the demand for high quality products and services and the presence of so many transnational companies, embassies and consulates in the country, it is very important that the Moving Companies in Panama have at least the following characteristics:

  • Be connected with moving companies abroad

  • This ensures that the move from "door to door" flows continuously, reducing risks of increased costs in the country of destination.

  • Storage capacity

  • If before shipping your move in a container, you need to carry out any procedure with the embassy / consulate of your country, the company you select must have appropriate facilities to store your goods for as long as you require.

  • Availability of appropriate packaging material

  • The protection of your personal effects and furniture is a critical factor in an international move and based on our experience, we assure you that this is not negotiable. Therefore, we recommend that before selecting a moving company, you ask for a sample of the materials it uses and an explanation of the procedure for packing your goods.

  • Proper equipment and tools

  • The use of the appropriate equipment will be a key element when handling your goods so that they do not suffer damage from the moment they leave their home and until they arrive at their new home abroad. Therefore, we invite you to ensure that the company you will select has such equipment and adequate tools to remove a television from the wall, disassemble and assemble your beds, tables and other furniture, bicycles, among other things.

  • Have appropriate vehicles

  • As well as the equipment and tools, the type of vehicle used to transport your belongings must ensure their protection, therefore, the vehicles that the moving company you select will use must meet the minimum requirements of the law and provide protection against inclement weather, be clean, fumigated and sanitized to prevent the presence of pests within your personal effects.

  • Have a trained and attentive human talent

  • In addition to the elements mentioned above, the international moving company that you will select must have human capital in whom you have invested time, money and knowledge so that the people who will carry out the packaging anticipate and meet your requirements, and take care of meeting your expectations. and have the knowledge and skills in the management and protection of their goods, making the best use of the packaging material provided by the company. This is undoubtedly the most critical element that we recommend considering when choosing between Moving Companies in Panama.

  • Compliance with national legislation

  • It is of great importance that your personal possessions are handled by trained personnel, that you use appropriate packaging material and that you use adequate vehicles to transport your goods, but complying with current legislation takes precedence over all the previous points. For this purpose, we recommend that our clients request the licenses and permits required by the authorities for the regular operation of the company that they will select to carry out their move.

  • Differentiating elements

  • For your peace of mind, in this section, we will mention some of the differentiating elements that an international moving company can offer:

  • International certifications

  • They range from the well-known ISO 9001 quality certifications, to moving industry-specific certifications that are issued by the largest moving company associations in the world. Having these accreditations will be a plus when choosing your moving company.

  • Belong to national and international associations

  • A company that is involved with the country's economy will be part of one of the country's business associations or international networks of moving companies. Ask if the company you will select is part of one.

  • Proactive human capital, committed to service and highly trained

  • People are the foundation stone of any company and removals are no exception, for this reason, we invite you to ask the representative of the removal company you want to select, what type of training does it provide to its employees.

  • Have infrastructure

  • Even if it is minimal, an international moving company should have facilities to store and handle the goods of its clients, as well as the necessary equipment to run its operations. If you want to know more about the infrastructure of the company you are going to select, coordinate a visit with your sales representative, we assure you that it will be worth it.

  • Insurance coverage for international removals

  • Insuring your international move is the same or more necessary than insuring your car. However, international removals are not easily insured by conventional insurance companies, therefore, we invite you to ask about the company with which your goods will be insured during international transit. Once this is covered, you will have much more peace of mind and confidence that your move will be a success.

  • If you want to know why Extreme Movers PTY is your best option among the Moving Companies in Panama, send us your inquiries through our website www.extrememoverspty.com and complete our form, call our office at +507 209 8898, we write directly to our WhatsApp at +507 6077 4139 or +507 6672 5960, write to our email ventas@extrememoverspty.com or get to know us by visiting us at Torre Financial Park, 12th Floor, Office 365, in Costa del Este, Panama .

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