Blog
Blog
How can one establish a bank?
The dream of so many people is to have their own bank. But the wrong thing is having in mind, that as a bank owner, you can do whatever you want. Every bank and financial institutions must comply with the laws of the jurisdiction where they are incor… Read more
Panama's banks affected by the blacklist of the European Union
Panama’s banks could be affected by the European Union's decision to include this country in a list of 23 nations with insufficient/weak controls against money laundering and terrorist financing. However, the Panamanian government has tried… Read more
Why do we seek for a lawyer to write a contract?
Unfortunately, the days when "words had more value than a paper” are gone and today, most relationships (businesses, marriages, works, etc.) ends sooner or later in court. Contracts are public or private instruments, which establish agreem… Read more
What are the advantages of Swiss companies?
In Europe, dividend flows distributed between companies belonging to the same group can benefit from specific advantages provided for by Directive 90/435/EC (the so-called parent-subsidiary directive), introduced to avoid double economic taxation.… Read more
Law firms specialized in cryptocurrencies litigation
Bitcoin, Litecoin, Ethereum, Dash, Ripple and Zcash are the most widely used Cryptocurrencies nowadays and together, they make up a multi-million dollar decentralized market, but not without problems. Initial fraudulent currency offers (ICO) and unpa… Read more
How to open a bank account abroad
The days when banking secrecy was one of the strengths of financial institutions is part of a recent past that will never come back. Therefore, the farewell to anonymity is definitive. Today, opening a bank account abroad is very complicated, because… Read more
The fake banks of the Comoros Islands
By now, this scam’s scheme has been going on for two decades, but there are still a lot of people who are being scammed. The other day a friend of mine called, asking me how he could cash a check from a bank in the Comoros Islands, the Soci… Read more
Which offshore company to choose and why?
The laws that allow the incorporation of offshore companies, i.e. companies registered in a tax haven that allows to operate at zero taxes, are almost all inspired (I’d say copied) by the law of Delaware, United States and almost all, amended i… Read more
VoIP telephony services, OPMVOIP
OPMVOIP's telephone services permits the use of mobile phone numbers, i.e. you can own a phone number from a given country and answer calls from around the world. This means, in practice, that you can answer your calls from Madrid or Buenos Aires… Read more
Frequently Asked Questions about offshore banking
The times of numbered and anonymous offshore bank accounts are over. It’s no longer a question of being rich or poor; opening an offshore bank account today is almost impossible. The new international regulations force banks to identify their c… Read more
The best payment gateways that accept restricted and offshore activities
By Giovanni Caporaso Gottlieb
This is a service that we do not offer directly because the channels are often tedious and have uncertain results that depends on so many external factors, such as the website, activities, products or services offered… Read more
What is mediation during conflicts?
Extrajudicial mediation is an alternative method that offers effective solutions for disputes, through voluntary dialogue between the involved parties. Mediation in a conflict can help save a lot of time and money and can be more effective than a lon… Read more
Tax information exchange: unbelievable, but true!
Seven countries, several of them considered tax shelters, were recognized as “abiding” with the international standards of tax transparency, according to peer reviews, undertaken by members of the Global Forum of the Organization for Econ… Read more
The OPM CORPORATION Network
We have created a network of specialized web portals to facilitate our clients’ searches.
1. www.caporasoandpartnerslawofficepanama.com
The official portal of the Caporaso & Partners law firm offers international legal services;… Read more
Know the real causes of capital flight in the world
Capital flights have been identified by the countries that impose the most taxes on their citizens as one of the main causes of the low growth of national economies. In a defamatory publicity campaign, supported by more than a few communication media… Read more
A legal second passport, a necessary option in today’s world
The portal web Second Legal Passport is part of the OPM Corporation’s network, and these days is considered one of the most complete platforms for all those interested in obtaining a second passport and a second residence.
In today’s t… Read more
CryptoCurrency10, all of the answers about cryptocurrency world
CryptoCurrency10 is the web portal belonging to the OPM Corporation network, specializing in the cryptocurrency world. On the platform, the internauts have free access to the most up to date, very informational, content on cryptocurrencies, like anal… Read more
Naturalization in Panama
Permanent residents in Panama can, after five years of residence, opt for naturalization (citizenship) by presenting these documents:Requirements for requesting nationality papers, paragraphs 1-2-3 (Art. 10 of the Constitution).
Power and Request … Read more
OPM wallet: encrypted wallet for sensitive data
The OPM wallet will help you protect your password and personal data from hackers and cybercriminals.
Enough already with trying to remember all your passwords! And what about all those stupid security questions? Who can remember them all?
You… Read more
New options of prepaid debit card
Unfortunately, Visa and MasterCards have cancelled most of the offshore programs offering prepaid debit card services from various offshore banks. Programs are now geographically limited. If you are a European citizen or resident, you may apply … Read more
Offshore Banks Directory: the best help for finding your offshore bank
The Offshore Banks Directory, which is part of the OPM Corporation Network, is recognized as the most complete and up-to-date directory on offshore banks. On this platform, it is possible to consult news, access the characteristics of the world… Read more
The European Union widens its tax havens blacklist
The European Union has decided to add 10 new territories to its tax havens blacklist, in which 15 jurisdictions now appear. The lack of information exchange agreements, the possibility of creating companies with opaque ownership structures and the no… Read more
Caporaso & Partners Law Offices: your best option for international negotiations
The official portal of the Caporaso & Partners law offices is the front door to the OPM Corporation network; it is comprised of a series of platforms that offer different services, from opening offshore companies and bank accounts, to buying and … Read more
Tax Havens, the most complete website about offshore companies and banks
TaxHavens.US is the platform inside the OPM Corporation network specialized in offshore companies and banks. This site was one of the first ones to arise and deal with the offshore world and today continues to be a referral point on the world of offs… Read more
Caporaso & Partners offers application processing for SWIFT numbers
The Caporaso & Partners law firm offers financial managers and corporations the possibility of processing their SWIFT number so that they can communicate with more than 10 thousand financial entities throughout the world.
SWIFT is the acronym … Read more
Offshore finances, the central operative system of the world economy
The industrialized countries continue to attack the offshore financial centers, through an enormous propaganda campaign in the most diverse media platforms; however, the numbers clearly demonstrate that the world economy moves from these jurisdiction… Read more
Tax planning: foundation vs Anglo-Saxon trust
Protecting your goods is essential in a society like today’s, where your capital and goods can be attacked by the State, ex-spouses, business partners or even by unstable people who feel damaged and demand unfounded compensation. And it’s… Read more
Estate planning, the art of organizing your future
Estate planning goes beyond the final objective of the desires shown in the will, in which the last desires are respected regardless of local legislation and without possible debts affecting the property. This planning comprises a series of legal act… Read more
Offshoring and its tax and legal benefits
Take note, also, with the English term ‘offshoring’ in economy, or delocalization, in opposition to localization, represents a precious resource. As the Caporaso & Partners law firm quite correctly emphasizes, therefore, offshoring an… Read more
How to open a bank account if you have bad credit
Table of Contents
Who is a client with bad credit or at risk?
Can a person with bad credit open a checking account?
The characteristics of a checking account for credit risk clients
How to find an account for credit risk clients
What… Read more
The Death of Belize’s financial System
Belize’s financial system is going through one of the most complicated moments of its history, between the abrupt closure of two international banks and the heavy accusations of corruption against the Governors of the Central Bank and for the i… Read more
Rehabilitation of Permanent Resident status in Panama
The National Migration Service has issued Resolution No. 17045 of August 29, 2019, which establishes that all foreigners, with permanent residence status in the Republic of Panama, that have left the country for a term between two (2) and up to six (… Read more
Five Clues that Indicate the Next Economic Crisis
The next economic crisis could be much closer than some experts predict and even exceed the severity of its predecessor of 2007. The following clues are five clues that prove the preceding statement.
The first element that has been overlooked by v… Read more
What to do about frozen accounts?
There are various reasons why a bank or financial institution can freeze your bank or financial institution account:
Your failure to comply with the KYC (Know Your Client) and AML (Anti Money Laundering);
Because of a court order due to civil… Read more
How to pay zero taxes selling on Amazon
Table of Contents
How can I sell online?
What is Amazon, the pearl of electronic commerce?
What are the advantages for sellers who open a shop on Amazon?
How can a private individual open a virtual shop on Amazon?
What are the limits… Read more
Where not to keep your savings
What can I do with my savings? Where can I safely protect them? These are the recurring the questions of those who have successfully kept a few savings and live, quite rightly, in fear of losing them. Keeping them under the mattress, with steadily gr… Read more
Tired to pay taxes?
To set up an offshore company and relocate your business overseas is a crucial step toward internationalizing yourself and your assets. There are 100% legitimate ways to structure your business interests overseas and realize signi… Read more
Belize places two offshore banks in forced liquidation
In less than a year, Choice Bank and Atlantic International Bank, two offshore Banks in Belize, have been liquidated, by order of the country’s Central Bank. These extreme measures have provoked serious economic damage to their customers and ha… Read more
Blacklists, a commercial weapon against countries that offer low taxes
The commercial wars of the second decade of the XXI century appear to develop around the blacklists. Opposing countries turn to this mechanism to pressure one another; meanwhile, the governments that load their citizens with the most taxes also turn … Read more
Belize exits from the blacklist of tax havens, but its banking system crisis continues
The European Union decided to take Belize off its blacklist of tax havens; however, the Central American country’s banking system continues to sink in a deep crisis and has lost all credibility in the eyes of the world.
After Belize’s … Read more
The Choice Bank saga never ends
By Giovanni Caporaso Gottlieb, Panama’s Attorney at Law
The nightmare for the account holders of the Choice Bank of Belize, placed in forced liquidation by the Central Bank of Belize doesn’t appear to have an end in sight, once again s… Read more
The Dominican Republic receives 2,600 million in direct foreign investments in 2019
The Dominican Republic will have received more than 2,600 million dollars in direct foreign investments, an amount that exceeds the annual average of the last decade, when the Caribbean country raised, during this period, a total of 27,000 million.
… Read more
Marco Saba: Yes for striking against taxes
Interview by the lawyer Giovanni Caporaso Gottlieb, with the economist and forensic accountant Marco Saba
Why do the Italians have to pay so many taxes?
Taxes are used mainly for paying annuities to those who have acquired titles for the … Read more
The cheapest and most expensive cities in Latin America in 2020
Bueno Aires was recognized as the cheapest city in Latin America, according to information released by the data base Numbeo, which took into account the prices of goods and services for each of the largest cities studied and didn’t analyze the … Read more
How do I make a will?
Table of Contents
Main characteristics of testaments
Open testament and closed testament
Holographic testament
Special testament
Private Interest Foundation vs Testament
The testament has become an essential document in contem… Read more
Why open a banking account in Northern Cyprus?
Since 1974, the island of Cyprus has been divided between North and South from a “green line” that is 180 km long. Nicosia is the last European capital divided in two. Kilometers upon kilometers of golden sand and crystalline sea distingu… Read more
NGO presents the Public Registry of Cryptocurrencies
In March, the CPR, Public Registry of Cryptocurrencies and ICOs (initial coin offering) will be launched. The initiative was presented by an NGO, registered in Delawere, United States the Cryptocurrencies Public Register Institute, which considered n… Read more
What are smart contracts?
Smart contracts is one of the most used terms these days, in the cryptocurrency world; however, not everyone understands exactly what these contracts are and what their importance in the new economy ecosystem is.
The main objective of a smart cont… Read more
Coronavirus Emergency and restrictions on freedom
The international lawyer Giovanni Caporaso Gottlieb briefly analyzes the measures taken by many countries that limit fundamental rights.
The emergency that the world is living due to the Coronavirus or COVID-19 brings us to the necessity of making… Read more
The Swedish and Cuban method for fighting the Coronavirus works
The world has faced five pandemics during the course of its history: smallpox, measles, the Spanish flu, the bubonic plague and HIV. The most lethal of them all has been smallpox, which caused more than 300 million deaths, although these days we can … Read more
How to make money in coronavirus time?
The new coronavirus COVID-19 pandemic will have short, medium, and long-term economic effects and will place the Euro zone and many countries in the dollar area, in a recession.
What has happened in Europe? Before the crisis, the southern countrie… Read more
Three countries that give land to their new residents
Moving to a new country can be a complicated and, above all, expensive process; however, it is still possible to find countries that literally give the land and also houses to their new residents.
One of the oddest offers is that of the small Sici… Read more
Know the countries where it is easier to obtain a work permit
Receiving permission to work is one of the fundamental elements for all those who reach a new country. In a large part of the world the process for the request and approval of work permits for recent arrivals can be delayed for an eternity; however, … Read more
The delivery businesses, a million-dollar business in continuous growth
Table of Contents
The advantages of delivery
The growth of delivery, a global phenomenon
Main delivery businesses around the world
Delivery businesses in Europe
Colombia, delivery leader country in Latin America
Delivery in times … Read more
How is an ICO, STO, IPO, or DAO made?
Table of Contents
This is all you need to know about an Initial Currency Offer (ICO)
What is an ICO token?
Advantages of an ICO
Differences between an ICO and an OPI
What is a DAO?
What is an STO?
Five steps to follow for launc… Read more
The Russian Roulette of tax escapology
Tax escapology is a term, which we probably will not find in most English dictionaries, used by some self-declared expert to identify a series of stratagems that seek to lower taxes paid by contributors. These practices are supposedly done while comp… Read more
Digital nomads, a lifestyle and profession of the future
Table of Contents
What is a digital nomads?
Types of digital nomads
Where the digital nomad lives and where he pays taxes
Most frequent jobs for digital nomad
The future of the digital nomads
The fact of being a knowmad is… Read more
The best places for registering an ICO
Cryptocurrencies are, because of their nature, decentralized and they are used globally, so maybe only a few investors pay attention to one of the most important elements for having success in their initial currency offers (ICO): the place where the … Read more
What are the W8 or BEN W8 and the FATCA forms in the United States?
What are the BEN W8 and W9 forms and why are they important for ,those who have overseas offshore bank accounts?
The W8 and the BEN W8 are a set of American tax forms which certify your tax status in relation to the American authorities, the IRS.
… Read more
Who we are
The Caporaso Law Office of Panama (Registration number in the Public Registry of Panama, common society 26210), founded by the lawyer Giovanni Caporaso Gottlieb, offers its more demanding clients a telematic network of lawyers and corresponding … Read more
How to order our services and what are our prices?
For your convenience, most of our prices are on the electronic form Order Services. Open the form and choose the services that interest you, clicking on COMPANY, FOUNDATION, RENEWALS, RESIDENCES, BANK ACCOUNT and VIRTUAL PRESENCE.
The section GENE… Read more
The 5 countries where forming a business is easiest
They didn’t keep in mind tax havens like Panama, where everything is easier. Here are the 5 countries where it is easiest to create a business, as well as the 10 most complex countries for the businessman.
To calculate its ranking, the TMF G… Read more
Online Scam? What to do
Internet scammers are becoming more and more sophisticated, and often invest thousands of Euros for creating credible, professional websites with the idea of deceiving even the most experienced. In addition to creating the site, they often create a c… Read more
How to keep my cell phone number active, abroad
When you’ve been abroad for long or short trips, you’ll have wondered how you’ll keep in touch with customers, banks, PayPal, financial institutions, etc. Roaming calls and texts might have seemed the best solution to you, but when … Read more
Check the health of your website’s SEO
A website is like a shop and search engines are like streets: if your shop is on a dead-end street, no one will see your offers; if your site is in the most central street, with more pedestrians, your offer will be visible and you will earn more mone… Read more
How to open an offshore bank account and where?
Table of Contents
How to open an offshore bank account and where?
What are the steps for opening an offshore bank account?
Benefits from offshore bank accounts
Personal bank accounts vs corporate accounts: which is the best option?
W… Read more
Camouflage Passports
This enlightening article presents some of the latest news on the subject of Camouflage passports and Unrecognized Countries passports.
If you find yourself confused by what you've read to this point, don't despair. Everything should be crys… Read more
Bearer shares of Panama companies
The most notable aspects of the Law are:
1. The Law will enter into effect in two (2) years.
2. Upon the entering into effect of Law 47, all bearer shareholders of existing Panama companies will have a grace period of three (3) years to submit the … Read more
Choice Bank of Belize faces liquidity problems
The Central Bank of Belize, which regulates the banks, refused to give more information even though the Caporaso & Partners law firm of Panama, which represents several of the bank’s clients, is pressing them to issue an official communicat… Read more
Anonymous Safe-deposit Boxes
Keep your most precious belongings safe!
A deposit of 300.00 Euros is required to cover the replacement costs, in case the key or security code is lost.
All of the safes are 24 inches deep, are made of solid metal and have high-tech maximum secur… Read more
Legal aspects of at-home sales and services
Sales at home, like in-home services, are the ones that are made outside of the business outside of the business, in the customer’s home.
When we hire a business it’s a good idea to be clear on what our rights as consumers. The most op… Read more
How to obtain the Panamanian Permanent Residence for Australian citizens
Australia is considered as the sixth largest country in the world and its vast territory doubles that of India. Almost 90% of the Australian population has European and Asian ancestors and this nation has one of the most striking programs to attract … Read more
How to obtain the permanent residency in panama for Canadian citizens
Canada has recognized that it suffers a great shortage of labor, largely because many citizens of the country have decided to seek for a residence in a tax haven, like Panama, to reduce their tax burden and better protect their assets. The current un… Read more
How to obtain the Panamanian Permanent Residency for United Kingdom citizens
UK is facing the exit of the “Brexit " with a relatively stable, albeit weakened economy, with an unemployment rate of only 4% and an inflation rate of 2.4%, but with a slow growth.
Faced with the economic risks associated with the exit… Read more
How to obtain the permanent residency in panama for citizens of United States of America
The US economy grew by 3% in 2018, which represented its best performance since the financial crisis 10 years ago. This increase was strongly influenced by the tax reductions put in place by the Donald Trump’s administration. In addition, the u… Read more
The 10 best tax havens
Table of Contents
The 10 best tax havens
How to classify a tax haven
Panama | Tax haven
United States | Tax haven
Wallis (France) | Tax haven
Switzerland | Tax haven
Luxembourg | Tax haven
Isle of Man | Tax Haven
Jersey |… Read more
How to obtain a Residency in a Tax haven for South African citizens
As a small economy, that is a very big burden to carry, because that makes much harder to get the same sort of value that other countries get. The South Africans are looking for a residence in a Tax Haven, like Panama, because they fear that the econ… Read more
What is a fiduciary?
According to the law, a fiduciary is he who receives the assignment and responsibility to administer the assets of third parties, both tangible as well as intangible, and must do so with the utmost diligence, transparency and confidentiality, never l… Read more
Anonymous companies of Panama because they are the best offshore companies
Let’s start from the beginning for why the anonymous companies of Panama are “the same” as almost all the other offshore companies. In fact, they are all included in the blacklists of the high taxation countries. The biggest differe… Read more
European Attorney in Panama, the solution is Giovanni Caporaso Gottlieb
The search for a European attorney in Panama has brought you to Caporaso & Partners. The firm offers a wide range of services for Europeans. Why do we say Europeans and not just clients? Simply because we consider Europeans to be more demanding t… Read more
Challenges of the Mexican economy and capital flight
The challenges of the Mexican economy and capital flight in 2021 are the great unknown for President Andres Manuel Lopez Obrador, who has given a turn to left-wing politics. The economy will drop 9.2% in 2020 and flight of capital and businessmen tow… Read more
A mobile App can change the course of your business
Having a mobile App for your business will allow you to be within reach of your customers 24/7, where they can specifically request what your shop can offer them as consumers. This is an inexpensive investment and gives your business prestige.Your AP… Read more
How to recover your online reputation or how to create one
Recovering an online reputation that has been lost isn’t easy, but it is possible. What is an online reputation? This is the group of elements that, joined together, represent a person’s or business’ prestige on the Internet. Buildi… Read more
Lawyer, the best resource for preventing problems and reducing risks
Therefore, receiving correct legal advice, at a certain point in time, can be decisive in preventing or resolving problems. This is probably the most studied and practiced profession in the world; so, there is an abundance of lawyers, although findin… Read more
Is Luxembourg a tax haven?
The mass media have boasted about it, but is Luxembourg being a tax haven that encourages tax evasion in other European countries a sure thing? What, and how much, is hidden by the attractive tax legislature of the Grand Duchy? The French periodical … Read more
Panama is a pensioners’ paradise
Latin America and the Caribbean are part of a region that is becoming older and older and Panama is a pensioners’ paradise. How to obtain a Pensioners Visa.
The Isthmian country offers a Pensioners Visa that offers many advantages, so that t… Read more
What is Memo 618? The secret of Memo 618 revealed
Memo 618is none other than a metaphor on how governments manipulate justice, favor the powerful and foment corruption. Money from taxes are applied to corruption, justice is manipulated, and the dirty secrets of politics are shelved.
All of us, at… Read more
What is the cost of living in Panama?
Panama is considered a paradise for retirees and businessmen. Retirees receive many facilitations and businessmen can count on a first world business ambience, with zero taxes on foreign income. However, what is the cost of living in Panama?
Panam… Read more
SEO Content and backlinks to make your website take off
If you don’t have time for creating SEO content and backlinks for positioning your webpage in the search engines, we can help you with SEO experts with extensive experience in the sector. Plus, since we buy SEO services wholesale, we can offer … Read more
The bank compliance procedure for opening an offshore bank account
If you are interested in opening an offshore bank account, or else in acquiring or registering an activity overseas and adequately diversify your personal or company patrimony, pay attention to the information below.
At the time of asking an offsh… Read more
Caporaso & Partners, Law Office, Legal Services in Panama
His Law Office Caporaso & Partners offers legal assistance on:
Table of Contents
Foreign Residences and Citizenships
Foreign Citizenships
Constitution of an offshore company in Panama
Opening bank accounts in Foreign Banks
Neg… Read more
Do tax havens have a future? Reordering tax havens
In an era where more transparency is demanded in the public and economic life of a country, what will the future of these jurisdictions be?
According to various ranking of tax havens, the first three place are for highly developed nations or terri… Read more
Is Holland a tax haven?
We’ve read it above all in political statements reported in the media. These statements have found the support of many economists and economy columnists. It’s a problem that emerges every time the member States of the EU can’t come … Read more
Fiduciary Company for increasing the productivity of your investments
In the following article we’ll see the advantages that a full-fledged fiduciary company, or a company that acts as a fiduciary, can give you. In any case, we’ll simply call them, in favor of brevity, fiduciary company.
In Italy, intere… Read more
The tax nomads, a tendency driven by need
The Covid-19 health crisis has also obligated businesses to accelerate their investments in technology. Plus, many small businesses and trades have closed shop and their employees have been without work.
Many of the unemployed have launched themse… Read more
Why you should invest in the Isla Margarita in Venezuela, a safe refuge
Talking about investing in Venezuela is frightening, but business always has its risks; besides, Isla Margarita is a secure zone.
Have you ever heard of the Isla Margarita? It’s the one that makes you think that “Investing in Venezuela… Read more