Panama

Multiple Tax Treaties Approved by Luxembourg

08 February, 2011

In February 2011 Luxembourg’s governing council adopted a bill providing for the approval of bilateral tax agreements with Barbados and Panama.

New Tax Information Exchange Agreement signed by the US and Panama

06 December, 2010

In a ceremony at the U.S. Department of the Treasury today, Treasury Secretary Tim Geithner and Panamanian Vice President and Minister of Foreign Affairs Juan Carlos Varela signed a new tax information exchange agreement (TIEA) between the United States and Panama.

Panama Signs Tax Agreements with Luxembourg, Netherlands and Spain

23 November, 2010

Juan Carlos Varela the vice-president and minister of foreign affairs of the Republic of Panama, has signed Double Tax Agreements – DTA’s with Luxembourg, the Netherlands and Spain.

Tax Agreement signed by Panama & South Korea

01 November, 2010

Ricardo Martinelli, President of Panama, and Lee Myung-Bak, his Korean counterpart, witnessed the signing of a DTA - Double Taxation Agreement - between the two countries in Seoul on the 20 October 2010.

Panama Visa Requirements

25 July, 2010

All visitors to Panama are classified foreigners and enter the country as tourists, temporary visitors, special temporary visitors, immigrants or investors.

Panama Residency and Retirement

25 July, 2010

Often referred to as the crossroad of the world, where business opportunities mix with a tropical climate, beautiful landscapes and coastlines and a modern infrastructure.

Investing in Panama

25 July, 2010

Panama is an ideal destination for those who want financial privacy and no taxes. In order to encourage foreign investment, Panama requires no special permits, authorisation or registration to qualify investors.

Panama Climate

25 July, 2010

Located in the south of Central America, Panama lies between the Caribbean Sea and the Pacific Ocean.

Offshore banking in Panama

25 July, 2010

Panama is a tourist delight, and with over 120 international banks is one of the largest banking sectors in the world. Many of the world’s largest banks are represented in Panama, including CITI, Chase, Credicorp, HSBC, Scotiabank.