Panama Forum - View Single Post - Any stats on number of Americans living in Panama?

MRWOOHOO · 10-04-2007

I am pretty sure that as long as you dont make more than $80K/yr outside the country you dont pay taxes on it. Any money you make in the USA you pay taxes on. If you incorporate in Panama and implement the great banking system you probably dont have that much to worry about. As always hire a good attorney in Panama.

10-04-2007	#10 (permalink)
MRWOOHOO Moderator Join Date: Sep 2007 Posts: 751 Rep Power: 1	I am pretty sure that as long as you dont make more than $80K/yr outside the country you dont pay taxes on it. Any money you make in the USA you pay taxes on. If you incorporate in Panama and implement the great banking system you probably dont have that much to worry about. As always hire a good attorney in Panama.