The Civil Code of Panama extensively regulates wills, addressing the capacity to make a will, general rules, types of wills (holographic, open, and closed), and special wills (military, maritime, and those made abroad). The open will is one of the most commonly used by testators in the Republic of Panama.…
PROVISIONAL RESIDENT PERMIT FOR DEMOGRAPHIC REASONS, FAMILY REUNIFICATION (MARRIED TO A PANAMANIAN) This permit may be requested by foreigners who are married to a Panamanian national and cohabit with their spouse in conditions of exclusivity, stability, and continuity. Requirements: Notarized Power of Attorney and Application: Must include the names and…
A foreign national may apply for this permanent resident permit as a Forestry Investor if they invest, either personally or through a legal entity, a minimum amount of US$100,000 in reforestation or forestry plantation activities or others authorized by the Ministry of the Environment. If the foreign national, either personally…
Public tenders are essential processes to ensure transparency and competition in the procurement of goods and services by government entities in Panama. However, when foreign companies participate in these processes, they face a crucial challenge: submitting documents in the country’s official language. This is where certified translation services come into…
Foreign nationals receiving a pension or retirement income from foreign governments, international organizations, or private companies may apply for this permit to enter Panamanian territory for residency purposes, provided they have sufficient financial means to cover all living expenses for themselves and their dependents in the country. The monthly income…
Panama’s Private Interest Foundation Law Panama’s Private Interest Foundation Law (Law No. 25 of 1995) provides a comprehensive framework for creating and managing these entities. Private interest foundations are essential legal tools for asset protection, estate planning, and philanthropy. However, one critical element requiring special attention during their establishment and…
The Executive Decree No. A, issued on December 5, 2023, amends Article 10 of Executive Decree No. 13, dated March 25, 2022. This decree regulates Law No. 129 of March 17, 2020, which established the Private and Unique System for the Registration of Beneficial Owners of Legal Entities in Panama.…
Extradition is a critical tool for international cooperation, allowing states to surrender individuals accused or convicted of crimes for prosecution or punishment. Panama’s extradition system is structured to balance its legal obligations with the protection of individual rights. The process is governed by the Criminal Procedure Code and international treaties,…
The Labor Code of Panama outlines the legal framework for the termination of employment relationships, detailing the causes, procedures, and rights of both employers and employees. Below is an analysis of the key points, referencing specific articles of the said Code. Causes of Termination (Article 210) Article 210 specifies the…
The Labor Code of Panama, particularly Title I, Chapter I of the General Labor Protection Norms, demonstrate a strong commitment to prioritizing the employment of nationals over foreign workers. This article explores Articles 17 through 20 of these laws, offering an analytical perspective on their implications for employers and employees…
