Category Archives: News

EXECUTIVE DECREE 167 AND 168 OF JUNE 3, 2016 (REGULARIZATION IMMIGRATION)

It is the Executive Decree 167 of June 3, 2016 which establishes the general migration regularization procedure. DECRETO EJECUTIVO 167 DEL 3 DE JUNIO DE 2016 Immigration Regularization Other Nationalities DECRETO EJECUTIVO 168 DEL 3 DE JUNIO DE 2016 Migratory Regularization for Chinese Unlike the previous regulation process known as a melting pot, now foreigners must be […]

Deputy Minister of Finance: Panama’s economy remains stable

  Deputy Minister of Finance, Eyda Chinchilla Varela said Panama’s economy remains stable. Similarly he indicated that to date have not been reported «negative effects» in the evolution of bank deposits and the risk premium of the securities of the State in international markets, following the investigation by the International Consortium of Journalists research (ICIJ, […]

Spanish companies, to «hunt» for new projects in Panama

  The Panamanian government plans to tender in the coming months projects worth about 4,000 million dollars, an amount that is part of an ambitious investment program amounting to 19.000 million until 2019 and has attracted the interest of Spanish companies. This is the case of groups like Sacyr and ACS, who bid for the […]

They give the green light to foreign

The president said that the State the right to decide who shall be reserved regularized REGULARIZATION With two decrees of Cabinet to be published today in the Official Gazette, the Executive will allow foreigners who are in the country to obtain immigration status. This was announced by President Juan Carlos Varela yesterday and said that […]

Argentina, Chile and Venezuela shortly protect copyright

Venezuela, Argentina and Chile are among the 11 countries identified by the Barack Obama for leaving American producers of music, films and other materials protected by copyright exposed to rampant piracy. US put 11 countries on its «priority watch list» which means extra scrutiny and could lead to sanctions if Washington takes cases before the […]

Unified customs legal criteria

  Installation companies also includes, according to the document, value-added dedicated to repair parts of boats. It will also allow in the primary zones (ports) companies dedicated to repairing ships (shipyards) are developed; and the establishment of shipyards in secondary areas under the control of Customs, with guaranteed payments. Existing and complementary to the Central […]

GAFILAT Panama recognizes advances in financial transparency

The organization brings together 16 countries in the Americas to combat money laundering and terrorist financing The Financial Action Task Force in Latin America (GAFILAT) acknowledged the progress of Panama in financial transparency, according to an official source said today, as part of the controversial roles of Panama. The organization, which groups 16 countries in […]

«Panama Papers»: Panamanian government calls for financial sector

  «Panama Papers»: Panamanian government calls financial sector The government of Panama convened on Tuesday at a meeting with representatives of the local financial and legal sector, following the announcement of France to include the Central American country on a list of tax havens, it was announced Saturday officially. The administration of Juan Carlos Varela […]

Panama to France raises its position: ‘We will not allow that discredits the country by the act of a company’

The Panamanian government said «the first of a series of contacts» with members of the Global Forum of the Organisation for Economic Co-operation and Development (OECD), after publication of the German newspaper Sueddeutsche Zeitung and the International Consortium of Journalists research (ICIJ, for its acronym in English), on the participation of the Panamanian firm Mossack […]