Blog | Caporaso & Partners law office Panama

The 10 countries that use offshore companies the most

The investigation of the International Consortium of Investigative Journalists (ICIJ) drew up a list of the 10 countries that use offshore companies the most In the investigation known internationally as the Pandora Papers, the ICIJ created a list… Read more

These are the three Latin American Presidents implicated in the Pandora Papers

This time they accessed 11.9 million confidential documents, from 14 law firms. In the so-called “Pandora Papers” they discovered that at least 92 politicians and very powerful people from Latin America used the offshore companies to conc… Read more

What is KYC and for what is it used?

KYC is really a se of procedures that natural and juridical people use to obtain and confirm given data and information about their older and new customers. The KYC procedures have become a legal obligation , in the immense majority of businesses,… Read more

Integrated finances could mark the end of banks

The integrated finances could soon lead to the end of traditional banks. This is the integration of financial services in products and negotiation processing by non-banking entities. The fastest growing European integrated finances business is the Ge… Read more

How to save cash in an anonymous safe deposit

Why keep a cash reserve in an anonymous safe deposit? Because bank accounts can be attacked by the Tax Agency or by creditors, partners or spouses Your cash income can diminish drastically due to the forced closure of your business or the missed rent… Read more

Transfer your residence and acquire dual citizenship when you’re in a hurry

But when you don’t have many alternatives, these are the only viable solutions. It could happen that because of a ”tax” emergency you find yourself forced to analyze, in a short period of time, the hypothesis of leaving the count… Read more

What is the Flag Theory? International diversification project

Table of Contents What is the Flag theory? The 3 flags of the Flag Theory Advantages of the flags theory 1)Obtain a second passport 2) Establish your company abroad 3) Obtain your residence in a tax haven 4) Offshore bank accou… Read more

Registering an LLC in the US; is an LLC in Delaware a good solution?

Many decide to set up a company in the United States, an LLC in Delaware, because they are convinced that it is prestigious. I’m not convinced. It can also be for offering better service for your American customers, or to make better use of the… Read more

How to open a corporate bank account in the United States

The American banks usually demand the customer’s physical presence, as well as a series of documents before agreeing to open an account. Nonetheless, options have appeared so you can open a corporate bank account in the United States from the c… Read more

Perú has been included in Panama’s friendly countries immigration program

The Panamanian government has included Perú in its friendly countries immigration program which allows obtaining residence on the isthmus. With the new changes implemented beginning 5 August 2021, Perú has been added to the friendly … Read more

Anonymous companies in Panama - is it beneficial for everyone?

Anonymous companies in Panama: Are they advantageous only for the wealthy?

In its day, the Anonymous Company of Panama was a legal tool used mainly by businesses with transnational interests. Or else, they were used by individuals with the intention of protecting their assets. However, we have seen another user pro… Read more

Open Banking is the future of banks

Sharing information on open banking allows apps for mobile devices or messaging systems, like Facebook Messenger, WhatsApp and Telegram to communicate with the bank’s app and every type of operations can be carried out. The pandemic ha… Read more

Residence in Dubai vs. Panama, which is better?

The Arab Emirates have become a very attractive destination for Latin Americans and so has residence in Dubai. Residence in Dubai vs. Residence in Panama, which is better? Here we’ll see the pros and cons of these two countries. Residence… Read more

Who is Panama’s best Lawyer? Choose your lawyer in Panama

It’s difficult to establish which of Panama’s lawyers is the best; the country has more than 22,000 professionals authorized to practice law. Who is Panama’s best lawyer, you might ask. Before answering this question, it’s bes… Read more

Virtual office in Panama

Personalized options for Virtual Office in Panama that allows you to have a presence, like in a real office built to your measure With a virtual office in Panama, you have the possibility of having the address of a physical office in a prestigious… Read more

LocalBitcoins scams has 187,000 searches on Google

If you search for “LocalBitcoins scams” on the web, you will see that there are various accusations by scammed users and others who have been victims of unjustified KYC There are 187,000 search results for “LocalBitcoins sc… Read more

Banks of Panama Supervisory Authority updates “Know Your Customer” policy

The “Know Your Customer” (KYC) process consists in sharing a series of information on its accountholders. The “Know Your Customer” process provides that each customer of a bank authorized to operate in the country periodically… Read more

Changes in the ranking of the best passports of 2021

According to the Henley Best Passport Index, the best passport of 2021 for traveling around the world continues to be Japan’s, since it allows Visa-free entrance to 193 countries. However, when evaluating travel restrictions, entrance is … Read more

Everything you need to know about Non-Fungible Tokens NFT

They function as a certificate of authenticity and ownership of these objects. These days, NFT give rise to so much interest that a number have been sold for millions of dollars. The phenomenon of these exorbitant prices has created doubts on w… Read more

How to open an online travel agency

The tourism industry is the third largest in the world and opening an online travel agency could be a good business. The pandemic has slowed down its growth, but after a year of reduced traveling, and in the context of greater control over the Covid-… Read more

More taxes but still spending on nuclear weapons

More taxes, but they are spending 137,000 USD per minute in nuclear weapons

The most powerful countries in the world say they don’t have enough money to tackle the increase in spending created by the Covid-19 pandemic and are asking for more taxes. Neither does the annual budget manage to cover the “state of well… Read more

How to open a bank account abroad without making mistakes

The strategy of having a bank account abroad, or even more than one, can be very helpful from the operational point of view and also for legal and economic security. Normally, people prefer choosing a bank located in a tax haven. The reason is tha… Read more

Google will be judged in Mexico and establish international jurisprudence

Furthermore, the fact for which Google will be judged in Mexico sets a precedent for how these multinationals can be judged in another country. Generally, courts dismissed complaints presented by multinationals, declaring that they declaring they did… Read more

Panama’s six best places for seniors to live in

I’m presenting a brief description of Panama’s six best places for seniors to live in, because I have received continuous requests from seniors who are thinking of moving to Panama. After an entire life dedicated to work and to their f… Read more

Migration lawyers in Panama

Panama’s migration lawyers usually advise, when applicable, the Friendly Countries Visa program, Hurry Up only 3 months are left. This program will no longer offers immediate permanent residence in Panama; whereas digital nomads will be a… Read more

Panama offers 18-month visas for digital nomads

Executive Decree 198 of 7 May, of Panama offers digital nomads an 18-month visa, which allows an initial stay of nine months. The visa can then be extended for an additional nine months. The Short-Term Visa is only for tourists who work remotely f… Read more

Drastic changes in the permanent residence in Panama policy

This comes from a change in the Visa for Friendly Nations program, in force since 2012. The Government of Laurentino Cortizo established, through an Executive Decree, that, starting in August, that those who apply for this program will receive tempor… Read more

Three things you should know about SEO when you hire a content writer

Usually, a professional content writer oversees thinking up SEO strategies and controlling their use on each platform. However, these days you, as a content writer need to have the most in-depth notions possible about SEO. This way, your content will… 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

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

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

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

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

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

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

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

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

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

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

Does Luxembourg continue to be a tax haven?

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

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

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

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

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

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

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

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

How to obtain a Residency in a Tax haven for South African citizens

Drastic changes in the permanent residence in Panama policy 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 res… Read more

The 10 best tax havens

How to obtain the permanent residency in panama for citizens of United States of America

Drastic changes in the permanent residence in Panama policy 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 p… Read more

How to obtain the Panamanian Permanent Residency for United Kingdom citizens

Drastic changes in the permanent residence in Panama policy 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 slo… Read more

How to obtain the permanent residency in panama for Canadian citizens

Drastic changes in the permanent residence in Panama policy 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 redu… Read more

How to obtain the Panamanian Permanent Residence for Australian citizens

Drastic changes in the permanent residence in Panama policy 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 an… 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

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

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

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

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

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

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 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

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

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

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

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

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

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

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 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

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 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

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

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

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

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

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

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

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

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

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

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

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 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

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

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

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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Why do we seek a lawyer to write a contract?

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

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

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