Why do we need central banks? Do we need them really? These questions have been around for some time but gained weight in recent decades with the advent of cryptocurrency. Nowadays a bank account is vital in a person's financial plan whether it is for savings, investment, or operations. Mundo decided to write this piece because the evolution of central banks can teach us about the logic of the financial world today. A central bank is responsible for issuing currency and regulating financial activities, for example, the granting of credits. Their goals are to maintain prices, avoid inflation, and ensure long-term growth.

What is the best citizenship for a family? Where do you go when trying to move abroad with your loved ones? After the recent changes in the Caribbean, Mundo continues to analyze the CBI scenery in the region. One of the countries that has applied amendments beyond pricing is Antigua and Barbuda. We analyze who are the dependents that Antigua and Barbuda allows from now on. Many surprises have arisen after the Caribbean CBI countries signed the memorandum of agreement. Since day one we all knew that they were bound to apply changes starting June 30th.

When we think about getting citizenship on an island Vanuatu or the Caribbean comes to mind. While Saint Kitts has been a pioneer in the industry, its neighbors have followed giving birth to an interesting ecosystem when it comes to economic citizenship. Vanuatu, on the other hand, is much more secluded, it's far away from the main business centers and harder to reach. So why choose Vanuatu? Why do we keep talking about this island? Mundo decided to explore the situation of Vanuatu today in the CBI world. Vanuatu is an island country located in the heart of the Pacific Ocean.

In Panama, one can find different types of accommodation, from temporary condo rentals to monthly apartment rentals and luxury hotel suites. This is not surprising if we consider the ample real estate offers available in Panama. For the past two decades, the country has been home to luxury and innovative developments that fit both personal residencies and short-term condo rentals. When comparing condo vs hotel, tourists tend to prefer the latter. Short-term condo rentals are expected to present an annual growth of 10.87% compared with last year. Nonetheless, hotels continue to be among the favorite choices for tourists.

Recently, the UK advantages when it comes to forming a company have drawn our attention. The financial landscape is varied and, fortunately, there are a number of options out there. In such a diverse scenery it’s vital to remember the key players that enjoy a long-term reputation. In this regard, UK finances are highly reliable and facilitate the endurance of a powerful corporate center. Simply saying that the UK is among the ten best economies for businesses in the world is sufficient. This places it as a solid option for choosing a field of operation. Most importantly, it provides a healthy framework.

Trusts and estates are an interesting matter, and they must be addressed carefully. In case you haven't noticed, the heading of this article is followed by a question mark. Why is this? Can in fact, corporate trustee services replace a will? What is the difference between a will and a trust? If you have read our previous articles on trusts like the differences between trusts and foundations, you probably know that corporate trustee services have many uses. Considering that the basis of a trust lies in separating ownership we can infer the structure's implications, characteristics, and advantages.

Among this month’s hot investment opportunities, we can't overlook one of the most important real estate visas this year. We're talking about a type of golden visa for investors that has been available for a while and is now about to implement important changes. This visa stands out not only in Panama, its country of origin, but also at a global level. Today we are facing the final call for the Panama Qualified Investor Visa before it raises its minimum threshold for real estate. When it was implemented in 2020, the Qualified Investor was a novelty, and since that day we’ve continued to publish about it.

In the nomad capitalist world, taxes are an important matter. In fact, they are to be taken seriously by everyone, but the implications of international structures take the situation to whole new levels of complexity. What is the federal tax rate in my country? What is employment tax? What is taxable income and what are the deductions? With these Frequently Asked Questions, we want to go back to the basics of taxation. At the end of the day, you can’t design an elaborate plan without knowing your basics. What is federal income tax? You’ve probably heard these words many times. They describe those taxes that are due at a federal level.

Panama expat communities are getting larger as the country receives new expats: Panama in this sense is unique. We've discussed various aspects concerning the country of the canal. From free zones to the Panama foundation and residency visas, we've covered pretty much all. Therefore, today we present Panama for expats from a different perspective. Those who have lived in Panama know that this is a place as beautiful as it is surprising. Welcome to today's featured article on 5 facts about Panama which astound expats as they visit for the first time. More and more foreigners are finding in Panama their new home. 

Coming back to the corporate essentials is important especially when establishing a structure is one of the goals in a business plan. Running a company or how to run a successful business depends on certain considerations that should be labeled as fundamentals. There are many advantages to having a company abroad. Mainly these entail the possibility to access a wider spectrum of currencies, investments, and incentives. Nevertheless, running a company raises challenges and this is why Mundo decided to present the four pillars of corporate essentials. In other words, this is what we recommend you consider before choosing the jurisdiction and structure.