Panama Free Zones
Free Trade Zones are delimited areas within the Panamanian territory, of free enterprise, in others words, refer to industrial activities of goods and services, or commercial activities that are developed under special legal and tax regulations. Its main purpose is none other than: to be an instrument for the creation of new jobs and the […]
Benefits of a tax residence in Panama
Being Panama a leading country in Latin America in terms of the economy, it is very attractive when opening a business. The Government of Panama is very active in offering programs that encourage foreign investment and, above all, promote the state projects themselves. The benefits of a tax residence in Panama are: Taxes are limited […]
Panama: Maternity legal exception extended to the father
Law No. 238 of September 15, 2021, extends the scope of the Maternity legal exception to the father, granting vacations in the event of the death of the mother. According to the Constitution of the Republic of Panama, together with the labor code, the working mother will have labor immobility for a term of 1 […]
Changes in the Visa of Friendly Countries of Panama
The new decree indicates that you can opt for a provisional residence with a real estate investment of B/.200,000.00 or a fixed-term account for the same amount. These changes seek to incorporate new investment modalities that promote the generation of economic income for the country. Through Executive Decree No. 226 of July 20, 2021, articles […]
Best country to retire
According to the 2022 Annual Global Retirement Index survey, Panama would be the best to live in after retiring, and that after a deep and complete analysis whose main objective is to guide retirees or pensioners to choose the country with the best conditions to live. This is based on thousands of lived experiences and […]
Requirements to enter Panama for Venezuelans
In compliance with executive decree number 77, of August 24, 2022, the National Migration Service (SNM) informs its users and the general public that foreigners of Venezuelan nationality, who need to enter the territory of the Republic of Panama, must apply for a stamped visa at the consular office of Panama, in accordance with the […]
Use of Testament in Panama
First of all, let’s define what a testament is: It is a legal instrument by which a person expresses his will on the fate of his assets and rights after his death. The set of assets to be distributed is called inheritance. In general, a testament does not have an expiration date, except when the […]
Business license in Panama
The Notice of Operation in Panama is regulated by Law No. 5 of January 11, 2007. The Ministry of Commerce and Industry is the entity in charge of supervising. A Notice of Operation or Commercial License is a document issued by the Panamanian Government and that enables a natural person or a company to carry […]
Shared custody
Requirements for shared custody: A divorce process is very painful and is never easy for either party, and even more so if minor children are involved. That’s where the story begins: Will you stay with mom? With dad? or better should we have shared custody?. The most important question should be: what is best for […]
National Service of Immigration Panama obtains maximum qualification in transparency.
It is worth highlighting the fact that according to the monitoring evaluation report, dated June 20 and issued by the National Authority for Transparency and Access to Information (ANTAI), in which the National Immigration Service of Panama earns the distinction of being rated again with 100% transparency. This constitutes a very favorable aspect for the […]