PRESIDENT OF PANAMA INVITES THE POPE TO VISIT HIS COUNTRY

By Kadmiel | Sep 15, 2009

The Holy See Press Office published the following communique at midday today: “Today in the Apostolic Palace of Castelgandolfo Ricardo Martinelli Berrocal, president of the Republic of Panama, was received in audience by His Holiness Benedict XVI. The president subsequently went on to meet Cardinal Secretary of State Tarcisio Bertone S.D.B. and Archbishop Dominique Mamberti, [...]

Panama Canal Timelapse

By Kadmiel | Sep 10, 2009

A great video through the Panama Canal I thought you might enjoy

Your First Time Visit to Panama City

By Kadmiel | Sep 10, 2009

Most people on their first visit tourists to the Republic of Panama will probably book their stay at a Panama city beach hotel or resorts first for their vacation in Panama. After you’ve reserved the resort or hotel in Panama you want to rest at, obviously, you are going to wish to know about everything [...]

Setting Up an Offshore Panama E-Commerce Business

By Kadmiel | Sep 10, 2009

The Republic of Panama has often been referred to as the “Grandmother of All Tax Havens.” Panama, in contrast to modern offshore areas, has a territorial tax system remains true to its roots in the fiscal code of 1916. The long-established concept of ‘tax territoriality’ means that only operations carried out within Panama are taxable. [...]

Panama Foundations for Estate Planning and Offshore Asset Protection

By Kadmiel | Sep 10, 2009

Private Interest Foundations in Panama are an ideal tool for succession planning and asset protection. They can either be inter vivos (active during your lifetime) or testamentary (activated upon death). The Foundation may, for example, serve as a substitute for a will, thereby legally avoiding probate. In this respect it is similar to a ‘living [...]

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