Samoa, BVI, Marshall Islands, Seychelles or another Country for Zero Tax Remote Opening of an Offshore Company?

[FDS ADS]

I'm still researching this, but in my research came across something interesting. My wife is Italian, and therefore qualifies for the Panama-Italy Treaty which means she can receive Permanent Residency and an E-Cedula from Panama for opening a company and bank account in Panama without the need to reside in Panama. Additionally, she can qualify for Citizenship after holding the E-Cedula for 5 years (without residing in Panama). I know that Panama is a Territorial Tax Country, so effectively all Foreign-Sourced Income would be Tax-Free. I'm guessing this could be similar to Hong Kong but with the added benefit of the Permanent Residency and possible Citizenship after 5 years.

I'm not as familiar with Panamanian Banking, but the bank account would be for paying employees (my wife and myself) and paying into other foreign accounts (investments).

If you don't mind, could you give your initial thoughts?

https://studiopanamaitalia.com/en/p...ncy-visa-panama-friendly-nations-visa-program
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The background you mentioned is not necessary to open a company and corporate bank account in Panama. It is up to you which jurisdictions you prefer, the rest is arrangable.