Blog Standard

17
Dec

Buying Real Estate

Before signing a contract to purchase real estate in Panama, consideration should be given to the form in which title to the property will be held and to income or capital gains tax issues, estate planning issues and immigration issues that may be of interest. Neglecting to consider these issues…
16
Dec

Private Foundations

The law Private Foundations (“foundations” or “foundation”) in Panama came to life by means of Law No. 25 of 1995, based on the most part on Law No. 19 of 1926 of Liechtenstein, which popularized family and charity foundations in Europe. Definition A foundation is a legal entity that is…
15
Dec

Business Succession Planning

Eventually, everyone wants (or will be required) to retire. If you own a family business, retirement is not just a matter of deciding not to go into the office one day. In addition to ensuring that you have enough money to retire on, the whole question of what happens to…

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