Now it is easier for citizens of certain countries to obtain Permanent Residency status in Panama under the Executive Decree 343 signed on 16 May 2012.
You must provide the following documents:
[list]
[li]Passport (must have at least 9 months until expiration).[/li]
[li]National ID Card (if applicable; US citizens should provide a Driver's License)[/li]
[li]6 passport photos (recommended…
The Minister of Trade and Industry, Ricardo Quijano said Panama will be ready in October to implement the Free Trade Agreement signed with the United States, which is planned to come into effect on October 1. To do this, Quijano said he will go to the National Assembly tomorrow, Tuesday September 18, to discuss the…
Panama just signed into law a new decree aimed at improving the immigration procedure for foreigners including those from the US and Europe. It also provides for ease of entry, permanent resident status and the ability to work here.
According to my attorney, “the decree is more than vague when describing the most…
Panama’s free trade agreement with (FTA) with the world's second largest country, is destined to be implemented in the fall with a sure fire parliamentary approval.
The Canadian government announced Friday, June 17 that a bill to implement the agreement signed last year will be presented to Parliament. Canada’s Minister of International Trade,…
As accountants know, for every debit there is a credit. The IRS found out about this axiom and the loophole it created. The “debit” is the basis in property when acquired by a related taxpayer under the basis rules of section 362.
Effective June 24, 2011, they provide a new tax law on determining…
