This year’s Carnival has come and gone, and as we close out the week, the city and the country prepares to get back to business as usual. The four-day annual festival is a focal point for Panamanian culture, as locals from around the country celebrate with elaborate...
Panama has been transformed since 1999, with the upward trajectory of growth and foreign investment reflected in its glimmering skyscrapers and enhanced reputation as a tourist haven. The benefits of growth have been numerous, as the standard of living has shot up the...
Political parties in Panama are arranged in a multi-party system, with a large number of similarly sized parties forming factions and coalitions. The sheer number of political parties may seem chaotic to foreigners, but all parties form coalitions of convenience in...
The term “tax haven” commonly refers to countries whose laws allow for anonymous ownership of legal entities like corporations, private foundations and trusts, as well as limited taxation on specific types of corporations. Tax haven also refers to countries with bank...
Panama is rightfully the economic rising start of Latin America, and 2014 is expected to continue the trend. With economic growth in 2013 estimated at 9%, 2014 should see a very similar growth rate, with a potential of an increased rate. While the global economy is...
“Citizenship by Investment” is a immigration program enacted in Panama, as well as other countries, which allows foreigners to become permanent residents leading to citizenship after making a minimum investment. The requirements for minimum investments differ...
![Panama’s Economic Rise: 1999 to 2013 [Infographic]](https://www.relofirm.com/wp-content/uploads/2013/11/Panama-Economic-Rise.jpg)
It’s official. Panama’s success over the last decade has been largely built on a few major cornerstones, including tax incentives and increased canal revenue. Moreover, with growing efforts to promote economic growth and diversity, Panama has experienced an unhindered...
Privacy in Panama is a constitutional guarantee. Panama’s privacy laws are backed by several constitutional articles guaranteeing privacy for its citizens and even for foreigners. This post serves as a summary of Panama's privacy laws and regulations. Panama Privacy...
Panama tax incentives have recently been strengthened by various laws that provide tax breaks and other benefits to companies that operate in Panama’s largest tax free processing zones, the Colon Free Zone, and the Special Economic Area, Panama Pacifico. This article...
