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Legal Info Panama

 

Legal info Panama consists of knowledge about various services including incorporation of foundations and corporations, opening of bank accounts, real estate transactions including escrow services, advice about immigration and visas, taxes, labor laws etc. We have a team of expert legal advisers and attorneys always ready to help our clients about any issues relating to personal, commercial or criminal laws. Stated below are some basic facts about legal info Panama:

  • Corporations: Panama corporations can be formed for any lawful business by two or more persons of legal age of any nationality not necessarily residing in Panama to establish and own bank accounts, to avail ownership of assets or real estate. To enrich your legal info Panama one must know that to form a corporation the following details have to be submitted; the name of the corporation, the main object, the amount of authorized capital, details about bearer shares, appointment of three directors who are to be nominated for positions of president, director and treasurer.

  • Foundations: To add to your legal info Panama, the Private Interest Foundation is designed to manage and protect a patrimony, and operates of the following manner: a natural or juridical person creates another juridical person, which it transfers items of its property in order for the latter, in turn, to administer and protect the same in favor of certain beneficiaries designated by the founder.

  • Real estate: Foreigners and non residents enjoy equal rights and privileges when buying and selling real property as any other Panamanian citizen. Foreign investors as per legal info Panama are given assurance in form of a 10- year stability guarantee that all legal tax, customs, municipal and labor rules will remain same to those in force at the time of the investment registration. The Title insurance helps to register ownership Title on a Rights of Possession Property which assures total safety of buyers.
  • Immigration: The government as per legal info Panama has created several laws applicable to the particular type of visa applied for, to enable foreigners to obtain legal temporary or permanent residency, work permits or passports in the Republic of Panama. Some of the common visas available are a Pensioner tourist visa applicable to retirees and pensioners, tourist, transient visa applicable to performers, artist, technicians etc, student, visiting relative, farmer, working for government, investor, multi-return visa etc.

You can browse through our website to gain further knowledge and support about legal info Panama. We aim at providing highest quality legal services applicable to legal info Panama to our clients. For further assistance please be free to contact us for our specialized legal services.