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The events that have unfolded over the last two years have given many the reason to consider relocating overseas.  Strong restrictions on movement caused by lockdowns during the pandemic, rising costs of living, worsening social climates and unstable career prospects are all commonly cited as being the sources of growing dissatisfaction when it comes to …

Retiring in Panama: A Pensionado Visa Full of Benefits and Very Affordable Read More »

Vinyl records and common sense are similar: there once was an abundance of both, but not anymore. As an ardent music lover who appreciates the sound produced by a turnable and needle, I do hope that demand for records will grow; as a cosmopolitan, claiming no country as home and just being a guest in …

Headline Panama: The Pandora Papers Read More »

The History of one of the most attractive residency visa programs in the world First introduced by Executive Decree in 2012, Panama´s Friendly Nations Visa was created to provide a more efficient process for foreign investors to obtain residency in the Republic of Panama. The purpose for creating this streamlined program was to promote Panama´s …

Big changes to the Panama Friendly Nations Visa programme: What you need to know. Read More »

Opening a bank account in Panama can be a daunting prospect for a new expat, international businessman or global nomad, especially if you are not fluent in Spanish. This article sheds some light on the process of opening an account which we hope you will find useful. Requirements to open a bank account in Panama …

A Guide to Opening your Bank Account in Panama Read More »

As a result of the ongoing global pandemic an economic crisis is being witnessed across the globe and even the most stable of banking institutions have not been immune to the effect. The challenges faced by banks will continue long after the worst has passed but the sector has seen significant erosion of assets and …

Banking in Panama: A Solution for the Post-Pandemic Era Read More »

As outlined in our earlier Insight article, Advantages of Offshore Companies, there are many benefits for you to consider when choosing to move your business to a different country. One of which being the best location to incorporate your new company. Panama has been a very popular jurisdiction for offshore companies for decades, and it …

Panamanian International Business Corporations: Key questions answered Read More »

As many will know accounting plays an important role in running a business as it gives the ability to track revenue and costs, ensure statutory compliance and provide stakeholders such as management, shareholders and local governmental authorities with quantitative financial information which can be used for assessing the business´s performance and making business decisions for …

There’s no accounting for haste Read More »

What I can tell you, after being a professional trustee for 50 years, is that trusts are synonymous with succession planning in the western world, although in some countries, such as South America, they are of a distinct variety when compared with those traditionally found in other parts of the world where for centuries they …

Trusts: A Blessing or a Curse? Read More »

What are business advisory services in the context of international financial services? Very often they are linked with a company, trust or foundation. Ideally, your financial service provider will be able to cater for your requirements, so that the work is not broken up between different professionals; very often, however, this can cause problems with …

Business Advisory Services – Choose the Right Umbrella Read More »

A Panamanian Private Interest Foundation, which is also known as a Panama foundation, which came into law in 1995 is modelled on the Liechtenstein Family Foundation. Foundations for wealth management have existed since medieval times in one form or other. In this article we will look at the principal benefits of Panama Private Interest Foundations. …

Benefits of Panama Private Interest Foundations Read More »