Proof of source of funds is required for every financial move and also for citizenship or residency by investment processes. Why is the source of funds important? For the country register, such documents are vital to ensure the legality of the new business and, for the company owner, they provide assurance that they are entering a reliable jurisdiction. 

International online banking is an attractive solution in a globalized world. For business people who travel regularly an online international transfer can be exactly what they need at a certain point and to access this they need the corresponding structure. When we discuss Panama, CRS and FATCA are present like in most countries in the world. Nonetheless, this is not a disadvantage but quite the opposite. 

Home to the Panama Canal, this is one of the few countries in Latin America with a dollarized economy and a wide range of residency options. If you want to open a business in Panama, you wouldn't be wrong as this country can help you consolidate your place in the region or access new asset protection and management tools. Today we explore two of these: the company and the foundation as ideal vehicles for expat businesses in Panama.

Finding the right Panama apartments can help you access a perfect new place to live or a wonderful residency opportunity. The cost of living in Panama is low when compared to other capitals of the same level, placing this country as a powerful real estate market for international players. Thus, moving to Panama can be the optimal decision when it comes to business and an exciting adventure for your personal fulfillment. 

If a Panama company owner wants to be in full compliance, this article will be of much help. We analyze the essence of the digital invoice that’s mandatory by law in the Republic of Panama. Through this electronic invoice regime, the Panama corporate sector ensures that the country continues to be among the top corporate centers in the region and one of the most solid financial solutions in the world. 

The question of “how to do your taxes” is important if you want to be in full compliance both at a personal and corporate level. “How to file your taxes” is a topic that concerns both individuals and entities. Luckily, we are in contact with best-in-class experts in Panama who have agreed to explain the essence of personal tax in this business-oriented country. 

Taxes are a major concern for anyone, and this is why a solid financial plan must consider how to save on taxes. A popular strategy consists of getting tax residency in a territorial taxation country and establishing one’s largest assets outside of this jurisdiction. Let's analyze how to lower taxable income through tax reduction strategies like this one. Every country has its tax system, the difference lies in how they interpret a person's relation to the country and hence the tax responsibility. 

The moment has finally arrived: the Republic of Panama will increase its minimum threshold for the Qualified Investor Visa. If you want to invest in Panama, 2024 is the best year to do it, especially if you're after real estate. Moreover, it's best to do it before October and in this article, we explain why.

Imagine a home where the sky is your daily backdrop and the ocean your constant companion. Welcome to The Point in Panama City, a place where dreams take on a concrete shape, and luxury is the standard. Rising high at 266 meters with 67 stories, The Point isn't just a building; it's where life's best moments happen. It was once the tallest in Latin America, a reminder of the extraordinary life that awaits you here. Let's step inside this amazing $2.5 million apartment on the 52nd floor and see what your future could look like.

Are you planning a trip to Panama? Are you interested in Panama culture? Are you considering this country as one of your possible relocation places? If the answers to those questions are all “yes”, then it will do you good to glimpse at this article. There are plenty of fun things to do in Panama City and we tell you all about them next. Where to go in Panama City with your partner?