How to Obtain Tax Residency in Panama and Its Benefits
Panama has become one of the most attractive destinations for individuals seeking favorable tax conditions, primarily due to its territorial tax system. Unlike many other countries, Panama does not tax its residents on worldwide income. This key advantage, combined with straightforward residency programs, makes Panama an appealing option for retirees, investors, and professionals. In this article, we will explore how to get tax residency in Panama and the significant benefits it offers.
The Blockchain Life 2024 Conference: A Glimpse into the Future of Cryptocurrencies and Startups
The highly anticipated Blockchain Life 2024 Conference took place in Dubai, a global hub for innovation and finance, in October 2024. This prestigious event brought together some of the brightest minds and leading companies in the blockchain and cryptocurrency industry. With participants from around the world, the conference was a magnet for startups, established crypto firms, and investors, all aiming to carve out their space in the fast-evolving blockchain ecosystem. The conference hosted hundreds of crypto companies, from well-known giants to emerging startups hoping to make their mark. However, many industry experts at the event noted that the market is becoming increasingly saturated.
Live by the beach: your peaceful place in Panama is closer than you imagine
We introduce to you a place where you’ll have unbelievable views and an inspiring ambiance. A place that you can call home or use as an investment vehicle. If you want to live by the beach with luxury amenities, and are looking for the best quality of life, this project may be the right answer for you. Moreover, it's in one of the most advanced countries when it comes to business, finances, and expat living. Welcome to this real estate by the beach in Panama. Panama City is amazing in so many ways, offering high-level medical services, an active lifestyle, malls with the top brands, and green spaces.
An eye into the future: Mundo is visiting the blockchain conference in Dubai
Our team has traveled from Abu Dhabi to Dubai today. After attending a CBI and residency conference in the capital of the United Arab Emirates, and attending a real estate conference in Moscow in late September, now the team visits one of the most exciting cities of the Arab world: Dubai. The event is taking place on October 22nd and October 23rd and is welcoming people from over 120 countries. Also, there will be 200 speakers discussing fresh information about the blockchain world. Among the speakers, there will be CEOs of leading companies sharing information that is not considered mainstream just yet.
Qualified Investor visa changes in Panama: lower threshold and more flexibility
One of Mundo’s favorite jurisdictions is Panama. There are very few places that offer this level of flexibility and wide spectrum of options. This is why we've had an eye on the country’s most sought-after program. A new immigration decree in Panama has brought us news that we had been expecting for a while. Today's article is based on Panama's investor's visa which has three investment pathways: bank deposit, stock market, and real estate. Each option has advantages, but real estate is always one of the favorite choices. For starters, it provides the possibility of passive income or capital gains, and also the choice of having your own home
What’s on the horizon for citizenship? The Solomon Islands might be paving the way to offering CBI
So far, we know our second citizenship options by heart. In the 21st century, financial challenges are increasing, along with the influence of the main economic powers. Some experts say that getting second citizenship is not about luxury anymore, but a necessity, and Mundo couldn't agree more. There have been many changes to the CBI scenery, and alternative citizenship options seem to be emerging. We think it's interesting to consider CBI from this new perspective. Repeatedly, we have talked about the importance of second citizenship. This step covers two important fronts: an investment move, and the possibility to enhance your options.
Mundo shines at the MIPIF EXPO in Moscow with Panama as protagonist
We're proud to announce that Mundo has been present at an important real estate event in the international arena. September has been an interesting month, and everything points to us wrapping up the year with undebatable success. International conferences and expos are excellent places to meet partners and providers. However, they are mainly a place where we can connect with people, and this is exactly what Mundo did. The main protagonist of Mundo’s display was our very favorite: beautiful Panama, and not just any aspect of Panama, but a distinctive one. The MIPIF Expo was created to help people who are looking for real estate.
Choosing a reputable jurisdiction for your second citizenship: St Kitts is committed to ensuring CBI transparency
The search for a second citizenship is a long process because it entails an important decision. Even though acquiring a new nationality doesn't necessarily mean a major change in the applicant’s lifestyle, the matter goes deeper than that. Today we analyze the current situation in the Caribbean which promises superior monitoring, better due diligence, and enhanced CBI transparency in exchange for higher prices. Is this really how it’s going to be? Most current CBIs have flexible stay requirements and, in general, once the decision is made, the process is straightforward. Give or take, it requires a few months as long as certain conditions are met.
One jurisdiction to fit all banking needs: my bank account in Panama
When you're wondering “where to establish my bank account”, words like Panama come to mind. Many other countries and jurisdictions are available for foreign banking. To name a few, there's Puerto Rico, the United States, and Saint Lucia. Nonetheless, at Mundo, we have noticed that Panama has peculiar aspects that are certainly advantageous for foreigners and, of course, locals. The advantages of banks are many even though they have detractors. Generally, the concept of banking is seen as restrictive from a nomad capitalist point of view. The history of central banking teaches us that their origins were linked to the idea of financing war.
Residency for retirees in Panama: one of the most affordable residency options
Thinking about where to retire entails many factors and requires decision-making. It's necessary to consider things like real estate, political and economic factors, cost of living, and quality of life. Nonetheless, there's a key aspect that comes before anything else: legal residency. As ambassadors of the perpetual traveler philosophy, Mundo is committed to offering the best alternatives out there, and the residency for retirees in Panama is one of them. Let's find out how to access one of the best retirement options in Latin America. If you're looking for a place where to retire, here is Panama.
$170,000
$2,500,000
$350,000
$1,400,000
$395,000
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