My Panama Lawyer
Monday, April 28, 2008

Monaco With Bananas

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Richard C. Morais 05.05.08, 12:00 AM ET Who needs Liechtenstein or the isle of Jersey? We've got a lovely tax haven right in this hem...

Trump Tower is protected from IP litigation

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Newland International Properties Corp. (BVP: NEWL) has filed a US$200,000 bond with a Panama City circuit court to prevent damages from a p...
Sunday, April 27, 2008

Liechtenstein foundations become less atractive with secrecy breach

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Modern private foundations (Stiftungs) are a creation of Liechtenstein, a small Principality nestled between two neutral countries of Switze...
Wednesday, April 23, 2008

Panama city taxi rates will be raised

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New taxi rates will be in force once they are published in the Official Gazette. The zone system is expanded to include neighborhoods of C...
Friday, April 18, 2008

Austria banks and Panama foundation enhance confidentiality

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Austria - in the middle of Europe - provides a degree of banking secrecy which is granted by a Banking Law with the same rank as the Constit...
Thursday, April 17, 2008

Property tax exemption for 20 years #3

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Law 21 of 2008 to extend the number of projects with a 20-year property tax exemption was finally enacted and is in force. The law is des...
1 comment:
Wednesday, April 16, 2008

Complaints against real estate agents

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Everything is sweet-talk with your real estate agent during the purchase process: endless trips all over the city or the beach, superlatives...

Debunking the myth of extraditions from Panama

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Another hoax seems to be making the rounds on the Internet: "The MLAT has no application to civil cases such as divorce, bankruptcy, ci...
Tuesday, March 25, 2008

Property tax exemption for 20 years, BUT ... (reloaded)

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After an unexpected Presidential veto, for the 2nd time a law has been approved on March 10, 2008, by the Legislature to extend the number o...
Monday, March 24, 2008

US forms required for Panama trust and other non-US entities

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À: JacobsReport[at] yahoogroups.com De: "Vernon K. Jacobs" <vernjacobs[at] yahoo.com> Date: Fri, 08 Feb 2008 16:43:44 -0000 ...
Thursday, March 20, 2008

Panamaemprende becomes tool for tax evasion?

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Municipalities complained that funds paid by new businesses registering under Panamaemprende are not being transferred to them by the centra...

Punta Pacifica developers play hard-to-get with public park

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development Wall keeps people out of public park The government pledged last year to tear down a wall, but no action has been taken. ...
Tuesday, March 11, 2008

Panamaemprende delays updating of business data by 2 months

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Panamaemprende is a great tool for opening up business license and starting to pay taxes for enterprises doing business in Panama. But for ...
Friday, March 07, 2008

No tourist visa extensions

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In case nobody believed us... --- wrote: Hola, Spent a few minutes at Migracion this am with a friend doing the tourist visa dance. Bottom ...
1 comment:
Wednesday, February 27, 2008

Off-topic: James Bond in the former Panama Supreme Court

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James Bond Part 22 (" Quantum of Solace ") is being filmed in Casco Viejo Panama City and Colon. The video shows the local media c...
Tuesday, February 26, 2008

2008 Immigration Law finally published

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The 2008 Immigration law was finally published online in the Gaceta Oficial as Law Decree 3 of February 22, 2008, whereby the National Immig...

Panamanian law gets you financing at 2% to 3% interest rates until 2008, or later ...

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Banks granting residential mortgages for new residences below US$62,500 receive a negotiable tax credit equivalent to interest reduced in 2 ...
Saturday, February 23, 2008

Changes to Immigration and Banking laws approved

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Just when the media made us think the 2008 Immigration draft law was dead , local dailies announce that the Cabinet indeed approved the Immi...
Friday, February 22, 2008

Books on Panama legal stuff

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Before learning about blogging, My Panama Lawyer used to write a lot of articles for foreign publications. They are available from these Ama...
Friday, February 15, 2008

30-day visa for US citizens is alive and well

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As of February 6, the 30-day visa for US tourists entering the country seems to be alive but ailing. After the anti-gang law which reduced ...
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