Validity of Wills in the Republic of Panama

Validity of Wills in the Republic of Panama

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.…

How to Obtain a Provisional or Permanent Residency if You Are Married to a Panamanian?

How to Obtain a Provisional or Permanent Residency if You Are Married to a Panamanian?

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…

The Importance of Certified Translations in Formalizing a Private Interest Foundation in Panama

The Importance of Certified Translations in Formalizing a Private Interest Foundation in Panama

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…