The People’s Republic of china and the Republic of Panama has a long history, before and during the construction of the Panama-Canal, where many people from China sacrificed their lives in its construction and established a heritage in Panama. On June 13th of 2017, the Panamanian President, Juan Carlos Varela, announced the awaited establishment of…

In order for immigrants to have a wide scope of knowledge regarding the immigration law, it is important to understand the modifications implemented, as well as getting in contact with a Law Firm as soon as they arrive to the country. In this sense, the purpose for this Legal Report is to assess the newest…

RESIDENT PERMIT UNDER SPECIAL REASONS FOR A RETIREE     The Pension Visa in Panama allows foreigners to obtain a Residence in Panama under the condition of having a guaranteed pension income for life. According to the National Migration Service of Panama, there is no minimum or maximum age to qualify under this modality, only…

Agreement Between Panama Italy for Permanent Residency   The “Treaty of Friendship, Commerce and Navigation between the Republic of Panama and the Italian Republic” was signed in 1966 and ratified by the Law 15 in order that Italian citizens enjoy the treatment of permanent residents in the territory of Panama.   Thus, Latin American, European…

PANAMA PERMANENT RESIDENCY UNDER EXECUTIVE DECREE 343   Citizens from any of the 48 nations considered “friendly” to Panama can move here with their immediate family and acquire a faster permanent residency visa than any other Panama visa. To qualify, the friendly citizen can either buy an existing Panama business or create a new business…

Main Obligations of Law 52 of 2016: It is established that legal entities that do not carry out operations that are perfected, consumed or have their effects within the Republic of Panama are required to keep accounting records and supporting documentation, which must be available for a period of not less than five years Counted…

The business of a Latin American (LATAM) portfolio is perhaps one of the most interesting opportunities presently. It should be seen as an asset to show your international clientele that your scope of doing business now includes the merging markets with a smaller economy, but with more stable opportunities and a more peaceful climate to…

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Marco Williams De Souza, Williams & Associates; Remy Swaab, Executive Director, World Trade Center Panama; Néstor Altuve, General Manager, Capital; Donna Siebrasse, President, World Trade Center Panama Complex and Managing Director, Sanchiz, Siebrasse & Asociados, S.A. PANAMA, REPUBLIC OF PANAMA – Remy Swaab, Executive Director of the World Trade Center Panama, a modern, international business complex…

In the Law No. 15 on February 1th of 1966 was published the Friendship, Commerce and Navigation Treaty between the Republic of Panama and the Republic of Italy, which rules the relationship between both countries in matters related to the treatment of their citizens in the territory of the other party. In this sense, the…

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