The constancy of change Curmudgeon: anyone who hates hypocrisy and pretence and has the temerity to say so; anyone with the habit of pointing out unpleasant facts in an engaging and humorous manner. This definition was provided by the American writer, Jon Winokur, and with which I agree. The global ranks of curmudgeons, needless to […]
Curmudgeon’s Corner Read More »
In part 1 and part 2 of this series we explored the attraction of Panama as a destination to make your investment in real estate and the process, from start to finish, of buying your property in Panama. In this part we will explore the potential perils and pitfalls that should be avoided when buying
Buying Property in Panama: Part 3 The Perils & Pitfalls to Avoid! Read More »
The primary objective of any succession planning or philanthropic enterprise strategy should be the protection of the wealth and assets that will be used for charitable purposes. A common strategy involves the moving of assets to a jurisdiction different to that of a home country as many advantages can be gained by doing so, such
Flexing the Panamanian Interest Foundation for your Charitable Goals Read More »
In Part 1 of our Buying Property in Panama series, we discuss the attraction of Panama as a location for property investors. In this part, we will briefly look at the process and steps involved when purchasing Panamanian real estate as well as make suggestions towards the best approach to take so that you could
Buying Property in Panama Part 2: The Process! Read More »
There are many who are planning to start a new life overseas, and Panama is certainly a strong contender among the countries under consideration with the many benefits it has on offer for those who wish to fully relocate or purchase a second property for vacations, retirement or simply as an investment. We explore the
Buying Property in Panama: Part I. The Attraction of Panama! Read More »
How Topaz Services can assist you with your business and assets When doing international business or considering succession planning, the more prudent business person pays thought as to what is the most effective asset protection strategy. It is commonly held that one of the most effective strategies for asset protection involves relocating business and assets
Accountants in Panama Read More »
From Central Africa to Central America and many countries in between Derek has honed his skills as a professional trustee. One of many important lessons he has learned in the last 5 decades is to always be prepared to diversify when the business landscape changes, especially when an earthquake such as this global pandemic has
From Trust Services, S.A. to Topaz Services, S.A.: A New Era Read More »
How Law 254 of November 2021 for Accounting records will be enforced and the new deadline for compliance. In our previous Insights article, Accounting Records in Panama: Part I, we detailed how the new law, Law 254 of November 2021, modifies, among other regulations, Law 52 of 2016 in establishing additional requirements regarding the maintaining
Accounting Records in Panama: Part II Read More »
Law 254 of November 2021 and its changes of requirements for Accounting Records In 2016, the Republic of Panama, through Law No. 52, established the requirement that all legal persons (corporations, limited liability companies and private interest foundations) which carry out operations within the Republic of Panama or abroad, as well as those that are
Accounting Records in Panama: Part I Read More »
The world is experiencing difficult times currently and people everywhere are being faced with all kinds of challenging events. Whether they be pandemics, civil unrest, political turmoil, socialist governments taking power, war, crashing stock markets, crashing cryptocurrency, loss of employment or failing business many are looking to move to a different country. There are many
Still a Doorway in the Woods: Professional Business Consultants in Panama Read More »