Executive Decree 198 of 7 May 2021.
Panama created a new visa opportunity, which allows an initial stay of nine months, that can be extended for an additional nine months.This program will boost the economy by stimulating tourism, restaurants, purchases and consumption, and services in general, resulting in a greater reactivation of jobs for PanamaThis…
RULE 1: CATEGORIES
From now on your entity must be defined in Panama under one of the following CATEGORIES:PANAMANIAN SOURCE
FOREIGN SOURCE
NON-TAXABLE EXEMPT SOURCERULE 2: DATA UPDATE
To categorize your Foundation or Corporation, you must update the "Activity of your Entity" in the E-TAX system of the DGI in Panama, by means…
Panama has had a long relationship with the Americans, dating back to the construction of the Panama Canal and the Gold Rush in the 18th Century.This relationship with Americans for more than 97 years has undoubtedly put Panama at the top of the list of places that attract Americans and/or American retirees looking for a country…
-Panama’s Friendly Nations Visa
-Panama Retirement Visas (Visa Pensionado)
-Panama Self Economic Solvency Visa
-Panama Reforestation Visa
-Panama Agricultural Investor Program
-Panama Business Investor Program
-Panama Tax Free Processing Zone Investor Program
-Panama City of Knowledge Work Visa
-Panama Missionary Visa
-Panama Student Visa
-Panama Immigration Multiple Exit and Entry Visa
-Panama Tourist Visa
-Panama Authorized Visas for Restricted Nationalities
-Panama Maritime Visa (Marine Visa)
-Panama Specialist Workers Visa
-Panama…
If you have a Permanent Residency in Panama and thought you lost it because you have been out of the country for more than 2 years up to 6 years. The answer is NO.
Under Resolution 17405 of August 29th, 2019, if you have been out of the country for more than 2 years up…
1. Panama has excellent incentives for companies and investors:Equal treatment for foreign and local citizens. The Investment Stability Law (Law 54 of July 22, 1998) guarantees equal rights to all foreign and domestic investors with respect to investments and businesses, as per the policy that the country has sustained for a long…
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…
Agreement Between Panama Italy for Permanent ResidencyThe “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 and American Italian citizens…
PANAMA PERMANENT RESIDENCY UNDER EXECUTIVE DECREE 343Citizens 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 here or…
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…
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…