fbpx

Permanent Residence Permit as a Qualified Investor

The National Immigration Service created the subcategory of Qualified Investor, to which any foreigner can apply demonstrating a minimum investment in Panama, from foreign sources, either personally or through a legal entity if the applicant is the ultimate beneficiary of the shares of the legal entity holding the investment.

Income statement in Panama 2023

The deadline to submit your personal tax return is March 15 and for companies on March 31, 2023. Any tax resident in Panama who has additional income from salary or representation expenses, as well as companies, are required to submit an income statement, including offshore companies. In case of not presenting them on the indicated […]

Fixed term local deposits vs international

The rates offered by banks in Panama to their clients when contracting a fixed-term deposit have remained unchanged for more than one year and are at historically low levels. This is so, because currently, banks are not increasing the level of loans they grant and, therefore, they do not need to collect money from their […]

¿When is the best time to invest?

After working for years in the financial industry, I have realized that one of the biggest challenges in closing the growing gap between social classes is financial education, or more specifically the lack of it. The gap that has been opening up for years is especially large in Latin America, but this does not mean […]

Exploring alternative investments opportunities in changing times

Exploring alternative investments opportunities in changing times If 2020 state as the year of the pandemic, 2021 ended up being the year of recovery, and public markets have delivered exceptional performance over the past two years. Expectations for 2022 are still positive for the economy, but all analysts agree that the pace of economic growth […]

Commercial Banking vs Investment Banking: Keys to managing your wealth.

 The crisis caused by the pandemic is showing its first impacts on the financial sector, after the reduction of the sovereign rating for Panama to BBB-, by Fitch Ratings, caused a direct effect on some banks in the market that saw their rate risk. In this context, it is important to remember the differences and […]

Guarantee Trust – Purchase and Sale of Real Estate

At some point we have heard or had the personal experience of buying or selling an asset, such as a real estate, let’s say an apartment or a house. In the common scenario, a meeting with the seller is achieved, the unit in which one shows interest is visited, the terms and conditions are stipulated, […]

What is a trust?

A trust is a private contract in which a person called a “settlor”, transfers part of their assets as trust to a “trustee”, to be managed according to the established conditions, for the benefit of one or more persons called beneficiaries . Assets of any nature can be transferred to the trust, personal property that […]

Generational change that perpetuates the legacy of the K&B Family Office

Romain Dromard takes the baton from Maxime Berthet as CEO after more than ten years working together in the Wealth Management sector in Latin America. K&B Family Office was founded in 2007 to manage the estate of the Kisvel & Berthet family. After years of experience and good results, it became a Multi-Family Office firm, […]

Estate Planning: peace of mind starts with a plan

“The reason most people don’t plan is that they simply don’t know where to start.” – Karyne Mora, Head of Legal and Human Resources.   Here is a universal fact: nobody is eternal and one day we won’t be there anymore. Looking at reality is sometime scary, and it can even paralyze us from acting […]

Suscribe to our newsletter

Subscribe and stay informed of the latest news and opportunities offered by the K&B Group.