Panama Retirement Visa

Posted by Pocho

Are you thinking about retiring abroad? Panama is one of the top destinations in the world for retirees thanks to its warm climate, affordable lifestyle, and the famous Pensionado Visa program. This special residency permit, also known as the Panama Retirement Visa, offers incredible benefits such as tax exemptions, discounts on services, and the right to live permanently in the country. If you’re planning to apply, it’s important to know the exact requirements for the Panama Pensionado Visa. Below, we’ve put together a detailed guide covering the general documents, special qualifications, and additional paperwork needed to obtain residency, as well as...

22 January

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Corporate Structures in Panama: Company or Foundation?

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Panama stands out as an outstanding jurisdiction for both investors and entrepreneurs looking to identify a new market to generate or safeguard their income. Understanding the different corporate structures in Panama is essential, as advisors often recommend that executives create companies, typically as anonymous societies, and consider other organizational models, such as foundations. Corporate Structures in Panama: What is the Difference Between a Company and a Foundation? The fundamental difference between these structures lies in their purpose and operations. While executives establish companies to conduct commercial activities directly and on a regular basis, founders use Private Interest Foundations to manage assets, protect...

21 November

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Special Regime SEM and EMMA: Attractive Benefits for Foreign Companies in Panama

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Panama stands as a prominent international banking center, supported by a world-class communications platform. Its major assets include both economic and political stability, making Panama an ideal destination for nearshoring and the establishment of Regional Headquarters for Multinational Companies, as well as Multinational Company Operations focused on manufacturing-related services. What is the difference between SEM and EMMA? The special regime SEM (Multinational Company Headquarters) and EMMA (Multinational Companies for the Provision of Manufacturing-Related Services) have the central purpose of attracting and promoting investments, fostering job creation, and facilitating the transfer of technologies and knowledge. The main difference between them is that the...

28 March

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FIRST SUBMISSION OF THE STUDY ON THE MOST IMPORTANT ASPECTS OF ANNEX 1C OF THE MARRAKECH AGREEMENT CONSTITUTIVE OF THE WORLD TRADE ORGANIZATION

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AGREEMENT CONCERNING INTELLECTUALPROPERTY RIGHTS ASPECTS RELATED TO TRADE PART I GENERAL PROVISIONS AND BASIC PRINCIPLES Article 1 1. What does the expression “intellectual property under number 2 include? This expression covers all categories of intellectual property that are the subject of Sections 1 to 7 of Part II. In summary we find that these categories are the following: 1. Copyright and related rights 2. Trademarks 3. Geographical indications 4. Industrial designs 5. Patents 6. Layout-designs (topographies) of integrated circuits 7. Protection of undisclosed information. 2. According to number 3, who are considered nationals of other member countries, with the right to be granted the treatment provided for in the agreement? Nationals of the other Members shall be understood as natural or legal...

06 March

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LITIGATION – TIPS EXTRACTED FROM JUDICIAL DECISIONS

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TIME DEPOSIT PLEDGE CONTRACT Endorsements in Deposits Certificates must be signed by Depositary, and the existence of a pledge contract must be proved. PLEDGE CONTRACT - Before proceeding with an extra-judicial sale, an recent appraisal of goods pledged is required. FORCED LIQUIDATION OF BANKS Clients cannot compensate credits the may have against a bank, with their deposits in the bank.Liabilities against the Bank secured with pledge, mortgage or other in rem right, enjoy preference over any other liabilities of the Bank, except debts owed to the Treasury for real estate taxes. INTERESTS – Cannot be capitalized if this has not been agreed in the contract. CORPORATE GROUPS – Corporations members of a corporate group may...

Author: Pocho

Panama Retirement Visa

Corporate Structures in Panama: Company or Foundation?

Special Regime SEM and EMMA: Attractive Benefits for Foreign Companies in Panama

FIRST SUBMISSION OF THE STUDY ON THE MOST IMPORTANT ASPECTS OF ANNEX 1C OF THE MARRAKECH AGREEMENT CONSTITUTIVE OF THE WORLD TRADE ORGANIZATION

LITIGATION – TIPS EXTRACTED FROM JUDICIAL DECISIONS