General FAQs on relocations and residencies, Flag Theory, and living abroad. Information on Panama , tax havens , offshore companies, and banks.
What is meant by residence?
Article 43 of the Civil Code defines registered residence as [...]
Do you provide legal advice for setting up specific businesses in Panama?
Yes, we provide legal advice for most types [...]
How difficult is it to transfer my money to my bank account in Panama?
The bank in Panama will ask for a source of funds for [...]
Can I ship my household items to Panama?
Yes, you can ship your household items to [...]
What are nominee or nominee directors?
The directors-designate (or designated board members) are directors [...]
What is included when I purchase a Panamanian corporation or foundation?
Each Panamanian company package comes complete with deed [...]
Are there penalties or fines for failure to pay annual taxes for a Panamanian corporation or foundation?
Yes. The government charges a penalty of US$50 [...]
Can I own personal property in Panama?
Yes. Foreigners have the same property rights as [...]
What is the difference between a corporation, a foundation, or a trust?
Generally, corporations are used for profit-making ventures that [...]
Can I view properties during my visit to Panama?
Yes, we can arrange to show you many different properties, depending on [...]