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Tag: Panama

11 Dec
tax

Panama, Belize, And Uruguay Are Top Tax Havens

A handful of the world’s no-tax countries are in the Middle East, including Kuwait, the UAE, Qatar, and Oman. These are not high on my Places I’d Like To Live list. On the other hand, spending your working years in one of these zero-tax jurisdictions would allow you to grow your retirement nest egg faster.

21 Apr
Two Winners, Two Losers

How To Choose A Rental Investment Property In Panama City, Panama

The first viewing was a one-bedroom, two-bath apartment with a den on Avenida Balboa. The den could be converted into a small bedroom to make the unit a two-bedroom. Why did the developer not package the property this way in the first place? Probably due to concerns over zoning density. Other apartments along Avenida Balboa […]

30 Jan
Why Panama Remains The World’s Top Business Haven

Why Panama Remains The World’s Top Business Haven

“I don’t care why you’re here this week looking at Panama,” David Stubbs told the room full of Live and Invest in Panama Conference attendees this morning. “Whatever your interests in Panama, the economics of the country are important to you. Even if you’re just here for a vacation, this is stuff you should be […]

06 Jan
Taking the most beneficial option under IRS regulations isn’t tax evasion. It’s using the rules to minimize your taxes burden.

Panama’s Recently Revoked Taxation Law

Last week, while we were all recovering from Christmas and preparing for New Year’s, the guy in charge of the tax department in Panama got an idea. “I know how to bring in more tax revenue,” this guy seems to have said to himself one morning. “I’ll change the country’s approach to taxation!” And in […]

05 Dec
Panama’s Gun Regulations

Panama’s Gun Regulations And Gun Permits For Expats

I finally received my permanent residency card for Panama last week through the “Specific Countries” visa program that President Martinelli authorized with an Executive Order issued in May 2012. At the time, I was in Panama on a reforestation investment visa that required five renewals before permanent residency. Five years from temporary to permanent residency […]

26 Aug
Teak: A Turn-Key Investment Option Towards Residency

Teak: A Turn-Key Investment Option Towards Residency

Turn-Key Residency With Investment Upside Panama’s new “Specific Countries” residency visa program is one of the most turn-key in the world. Authorized through Executive Order by current Panamanian President Ricardo Martinelli, this residency option is available to citizens of 47 specifically named countries. If you hold a passport for one of the 47 countries on [...]