Moving to Panama? Start with the right checklist. Before applying for your visa, make sure you have all the required documents ready. Our Basic Requirements Checklist outlines the key paperwork every applicant should prepare. It’s a simple, clear starting point to keep your migration process organized and stress-free.

If you have spent your life building a solid estate, it is only natural that you would want that wealth to benefit your children and grandchildren. However, history shows that this is easier said than done. There is a well-documented phenomenon in estate planning known as the “third-generation curse,” referring to the tendency for 90% of families to lose their wealth by the time it reaches the grandchildren. Why does this happen? In most cases, the issue is not the money itse

In this article, our founding partner, Ricardo Cambra, responds to two key questions for this transition period in Panama and presents an...

Since 2019, Panama has had a Personal Data Protection (PDP) law, which was regulated in 2021, and there are already multiple ongoing investigations due to non-compliance reports. This law applies to: Databases that store or contain personal data of nationals or foreigners located in the territory of the Republic of Panama. The person responsible for processing the data domiciled in the Republic of Panama. The processing of data whose origin or storage is in Panamanian territo

Panama has become a popular destination for individuals seeking to protect their wealth through estate planning and asset protection. The country offers a variety of advantages, including a favorable tax system, strong privacy laws, and a stable economy. This article will explore the benefits of private wealth management, estate planning, and asset protection in Panama. Private Wealth Management in Panama Panama is an attractive destination for private wealth management due t

Panama is a small country located in Central America that has become a popular destination for foreign investment, particularly in the real estate sector. With a booming economy, favorable tax laws, and a stable political environment, Panama offers a range of investment opportunities for those looking to expand their portfolio. One of the primary reasons why foreign investors are attracted to Panama is its strategic location. The country is situated at the crossroads of the A

We strongly feel that Panama still has an edge over other countries in the region, as foreign investment keeps coming in. Evidence of this is the establishment of 14 new Regional Headquarters of Multinational Companies and 2 EMMA Licensed companies in 2022. In addition, we see an increasing number of foreigners interested in establishing permanent residence in Panama, and establishment of online businesses, including those related to cryptocurrency. Let’s look at some areas o

Click to download and learn why Madrid is "The best gateway to the European Union for the Latin American community", explained by our CLD Spain Partner, Julian Martinez G. - Available in Spanish only.

Panama is a beautiful country located in Central America, bordered by the Pacific Ocean to the south and the Caribbean Sea to the north. In recent years, Panama has become a popular destination for retirees and expats due to its favorable climate, low cost of living, and excellent healthcare system. In this article, we will highlight the advantages of retiring or moving to Panama, including its high rankings in various global indicators. One of the most significant advantages

For your convenience, we have prepared a Guide regarding the new requirements for accounting records that must be met by all legal entities registered in the Republic of Panama. You will find the Guide attached to this message. It has been prepared taking into consideration the questions that have arisen throughout the year 2022, so we hope that you can have a clearer picture in this regard, without detracting from the fact that you can always contact us with your concerns.