Day 228 Thursday (Jueves) - Panama City
Yesterday was one of those business days where you just have to have appointments and spend money. For us one of those appointments was with our attorney to pay our annual fees Setting up a Corporation is a sensible idea if you want to conduct any type of business or buy property in Panama, yet there are fee's involved to setup and to pay annually. Foundations are another sensible way to protect assets as an additional layer to your corporation. There is a wealth of information online on the best way to set these things up, so if you are coming to Panama do your research, all law firms are not created equal, and you need one to get these things accomplished. I can also help you out as we have vetted a few attorneys ourselves and know the proverbial ropes to make it easier.
Is Panama The New America
Panama fun facts.
1 - Panama has NO hurricanes
2 - Panama has a thriving Metropolitan city in Panama City
3 - Panama has secure banking institutions
4 - Panama has a climate for everyone, city, beaches, mountains
5 - Panama uses the US Dollar as its currency
6 - Panama is a short flight from many major cities in the USA
7 - Panama has many English speaking folks, Spanish is the main language
8 - Panama welcomes foreigners to live and work.
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