A bill introduced by the Ministry of Finance has increased from 10% to 25% taxes paid by natural or legal persons who are not resident in the country.
According to an article in Elheraldo.hn "In order to raise about 100 million lempiras [$5 million], the authorities of the Ministry of Finance presented to the plenary of the National Congress a bill to increase from 10 to 25 percent several tributes levied on natural or legal persons not resident in Honduras. "
Authorities state that foreign agents are showing confidence in the rise of the Panamanian economy and its prospects.
Savings from foreign clients in the financial system in Panama increased by almost 19% last year compared to 2010. In November 2011, foreign deposits totaled $24,635,000,000, an increase of 18.78%, or $3,895,000 more than in November 2010, when it was $20,740,000,000 according to data from the Superintendency of Banks in Panama (SBP).
Volio Capital and CFS Investment Advisors have created an investment bank, the E3 Corp, which will serve Central America.
Elfinancierocr.com reported that within the association, Volio Capital will focus on investment banking and CFS in advising investors, and they will take advantage of the experience that Volio has in the region and in some Caribbean islands to "expand its area of influence."
Three diversified investment funds that invest their assets abroad had a big reception from individual investors.
Just four weeks after the Sama y CFS Asesores investment group launched three new options, the amount of investors increased more than four time and investments in euros went up from 2 to 53.