When buying real estate in Panama it is important to remember that it is a subject to certain taxes regardless of who acquires property – foreigner or resident. (more…)
According to recent estimations, more than 50% of the world capital is located in banking, trust or investment companies in offshore zones. Only during the last decade the number of companies which were opened in such territories exceeded 65.000. But why is it getting so popular? We would like to tell you some of the…
Republic of Panama takes up similar territory as Lithuania, Austria or Ireland. Coastline of Panama is 961 miles long (1548 km). The lowest point in Panama is 0 m, which is the level of Pacific Ocean, the highest point is 11.401 ft. above the sea level (3475 m) – Volcano in province of Chiriquí. The…