Panama’s banking sector among the most profitable in Latin America, according to McKinsey & Company

Thinking about launching your business in Panama? our partner Ricardo Cambra La Duke, TEP walks you through the 5 essential legal steps every expat should know before setting up a company here

As of October 29, 2025, Law 493 of 2025 has come into effect, expanding the immigration benefits available to foreigners who have obtained residency in Panama under the Qualified Investor Visa program.

Grateful to have attended STEP Miami 2025, an inspiring forum on the future of international structures and cross-border estate planning in Latin America.

CLD and Ilitia, represented by our partner Ricardo Cambra, were present at Step Latam 2025.