Understanding how a Panama Private Interest Foundation (PIF) works requires an understanding of the different roles that play a part in the setup and continual operation of the foundation. The largest difference between a PIF and another type of offshore company is that a private foundation is not allowed to engage directly in commercial activities.
Nothing is more relaxing than sailing (or motoring) into the sunset on your yacht or private boat. Whether you’re enjoying retirement or you’re enjoying a long vacation or free time on a business trip, boating can be a peaceful escape. Unfortunately, many countries have complicated rules, requirements and regulations to register a pleasure vessel. There
Panama continues to be one of the easiest countries to migrate to. It has a growing economy that is one of the highest in central and south America. The economy has also become relatively stable with the help of the government investing in job and business growth. Panama’s economic growth has caught the interest of
If you have any reservations about retiring, starting a business or opening an offshore company in Panama, the news below may be what you’ve been waiting for. Investing in Latin American countries has been risky. There has been slow job growth, high unemployment, political upheaval and corruption and struggling economies mired in debt. However, in