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 [...]