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Offshore Banking in Panama: 3 Things You Need to Know

Offshore Banking in Panama: 3 Things You Need to Know

by International Relocation Firm Staff Writer | Sep 3, 2013 | Banking in Panama

The word “offshore” refers to doing something outside of your country. Whether it is starting a new business, creating a new corporation or other legal entity, or opening a bank or brokerage account; if done outside your country are all considered “offshore”. An...
Common Challenges for Corporate Relocation

Common Challenges for Corporate Relocation

by International Relocation Firm Staff Writer | Sep 3, 2013 | Moving to Panama, Relocating to Panama

The common challenges for corporate relocation include the reasons for considering to relocate and feasibility challenges. There are cost driven reasons for corporate relocating including lower real estate costs, labor costs, utilities costs, transportation expenses,...

Law 47 Passed: Panama Corporation Bearer Shares to be Restricted

by International Relocation Firm Staff Writer | Aug 29, 2013 | Investing in Panama, Panama Corporations, Panama News

On August 6, 2013, the National Assembly of Panama passed Law 47, which once it goes into effect two years from now, will require that everyone in possession of Panama corporation bearer shares to designate an authorized custodian to take possession of the bearer...
Top 5 Reasons to Retire in Panama

Top 5 Reasons to Retire in Panama

by International Relocation Firm Staff Writer | Aug 23, 2013 | Moving to Panama, Relocating to Panama

Why retire in Panama? Panama has become a top retirement destination according to recent articles in The New York Times and The Wall Street Journal. Here is what these and other publications are listing as the 5 top reasons to retire in Panama: 1. Panama is Safe...
How Business Owners can Protect their Assets in Panama

How Business Owners can Protect their Assets in Panama

by International Relocation Firm Staff Writer | Aug 13, 2013 | Asset Protection

Asset Protection for business owners is defined as a system for taking all assets from every business owned by an individual or a family and changing the ownership to legal entities in another country.  These legal entities are often offshore corporations in tax haven...
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