Thursday, May 23

Finanzas

The Advantages of Panama’s Tax System for Crypto Nomads
Finanzas

The Advantages of Panama’s Tax System for Crypto Nomads

Discovering Panama’s Tax Advantages for Digital Nomads in the Cryptocurrency Space As the world of work continues to evolve and remote working becomes increasingly popular, many digital nomads are seeking favorable tax environments for their cryptocurrency activities. One country that stands out as an attractive option for these individuals is Panama, thanks to its unique tax benefits. One of the main advantages of choosing Panama as a base for crypto nomads is its territorial tax system. This means that individuals are only liable to pay taxes on income generated within the country, rather than on worldwide earnings. For crypto enthusiasts who earn a significant portion of their income through online activities, this can result in substantial tax savings. Furthermore, Panama has no cap...
Ficohsa Commits to Increasing SME Loan Portfolio, with a Focus on Women-led Businesses and Enhancing Financial Inclusion
Finanzas

Ficohsa Commits to Increasing SME Loan Portfolio, with a Focus on Women-led Businesses and Enhancing Financial Inclusion

Ficohsa, under the leadership of Camilo Atala, has restated its dedication to growing its SME loan portfolio to $910 million over the next five years. The company will prioritize the advancement of businesses led by women by providing them with preferential lending options, insurance, and financial education. Since joining the Partnership for Central America (PCA) in July 2023, Ficohsa has already increased its SME loan portfolio by $60 million in Honduras, which has benefitted 8,500 newly established ventures.At Monday's semi-annual PCA Call to Action event with U.S. Vice President Harris, the significance of financial inclusion for the long-term progress of Central America was emphasized. Ficohsa's efforts in this field were highlighted during the event, showcasing their commitment to ex...