Yes, I believe so. But if you are living 183 days a year in Panama you'd have to file personal
income tax, also when you transfer
dividends to yourself there is a small tax to pay, but it isn't clear to me yet if its mandatory or not because 2 different accountants told me opposite things.
PE?
The lawyers that I know don't deal with international corporate structures, it's too fancy and out of their scope. Then the famous firms in Panama City tend to overcharge and are hard to get if you re not a big fish.
I'm not sure how it compares since the end of the friendy nation program in Panama, but Costa Rica was way more expensive and 10x more complicated. Better to get residency in Panama. The easiest way to get residency in Costa Rica is to invest 150k in Panama (investor program). Then if you have a pension (pensionado 1500$/m from government or the army, something official) then rentista show track record/ proof that you have $2500/m of income coming every month. Then the process will take about 1-2 years to get done, and you'll get temporary residency card. After 2 or 3 years, you can apply for the real residency.
So unless the highly taxed country asks for it or challenges your non-residency, no need to get it..
Question for those who live in Panama, what do you invest in and where do you invest? IBRK linked to a Panama persona account?
Gold coins? Real estate in Panama? Rate are so high and rents pretty low, last time I looked at it it didn't make much sense. Better to wait for a drop and buy in the US. What are your thoughts?
Please dont tell me
crypto..