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buying stock in panama ?

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nubrain
  7/16/2019 17:24 EST

Are there any stock brokers in panama thru which my lady friend can purchase stocks listed on the new york stock exchange or nasdaq?

shar501
  7/16/2019 18:35 EST

Panama does have a stock exchange. Google it. You may find references to stock brokers

BTW what's wrong with Fidelity or TD Ameritrade in the US?

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ginnypeary
  7/16/2019 23:27 EST

Yes
She can go to Fidelity.com or any other stock brokerages on line and set up a account
For Fidelity, it costs $4.95 per buy or sell a stick. No one does it for free. But this can be done any where on this plant.
I’m still looking to see if there’s a Charles Swabs bank or Swabs bank in Panama. I did find out there is a Citibank there, so I will set up a account here in the states and just do a transfer of funds to the bank there from here of the $5 K that’s needs for a Friendly Nations VISA, after we get our boots on the ground and find the perfect place where we want to live in Panama. It will take a few trips and talking to a RELIABLE lawyer to start us out.
We did find out that most if not all the extra steps can be done before we move out of the states. THANK GOD!
It will save time a trips, for the lawyer to do the extra foot work
On the lawyers part we have gone to IL’s conversations and found the people that we are going to be using
But back to investing in Panama all you’ll need is a fast speed internet set up
Good luck
A soon to be expat (husband and wife team)

ranadelnorte
  7/17/2019 01:27 EST

Any investment bank in Panama will purchase equities for you. For example, Banco General has an investment bank arm. Information is available on their web site.
Good luck!

nubrain
  7/17/2019 11:13 EST

She lives in Panama - I thought that would be obvious from the post!. And she does have an account with banco general. thanks for the info

ranadelnorte
  7/17/2019 13:51 EST

You’re welcome!

Look under the pull-down menu under “Inversiones” for all investing opportunities at BG. They have complete brokerage services.

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