'Types of Businesses' Business  

PokerPrincess from Canada, Earth (Contact Member) -

For those of you who have been to Panama, what type of business would you suggest opening there?

I know that it is mainly a tourist spot in Panama City but there must be some types of businesses that are needed and wanted there as well as the tourist business.

The reason I am asking is because I have a friend who is planning to go there and have a look at the potential for opening a business and I thought if I could give him some information prior to his going that it would enable him to make a better judgment.

Comment #1 Plums from the thrush tree (Contact Member) -

On the same subject, what is the potential for Real Estate salespeople? Are there many small realtors to be found, or are there mainly large firms of realtors in the big cities that are represented throughout the country? I'm looking to open a branch of my own company if possible.

Comment #2 ReeseW from USA (Contact Member) -

Well, I guess the business depends on your target audience. Do you want to cater to the residents of Panama or the tourists?

Comment #3 MsBeth2U from Deep South, Ga (Contact Member) -

You can start a jewelry business. Th tourists love to buy jewelry and I'm sure the resident will buy , too. But, you need to do lots of research.

Comment #4 RiverQueen from Universal Studios (Contact Member) -

My suggestion would be to open up something that is more native to Panama. This would attract the locals and the tourists.

Jewellery business is always good no matter where it's opened up as long as the prices are good. I know whenever I travel one of the first things I look for is good deals on jewellery.

Comment #5 Stephanie from Arizona (Contact Member) -

I always love to buy jewelry when I'm on vacation. I buy a lot of jewelry in Mexico, I get a lot of great deals down there. So I think a jewelry business would be a good idea to start out with.

Comment #6 Karen from Texas (Contact Member) -

What kind of jewelry are you talking about? High end jewelry or those bracelets and necklaces (mainly made out of shells) that you can find for sale on the beaches?

Comment #7 Jessica from Panama Rep of Panama (Contact Member) -

you can send me e-mail maybe I can help you, I Have the experience with American, canadian and cuban people whos coming her to live and all this person looking for me for make a bussines here for example restaurant, call center, tourism company and, I working for this people in located and remodelation for example is more sure when you now somebody here in Panama and much better when this person have the experience and all this person happy with my job here in Panamá.

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