Quote:
Originally Posted by inabon
hehe cool i imagined you had experience i just wanted to clarify the myth about panama it is not as easy but it is not impossible and very productive if you go through all the paperwork.
ttyl |
Hola inabon ;) Sure.... There seems to be a few myths about offshore in general and Panama is no exception. They are about as true as Panama hats being made in Panama
Apart from obviously the adult biz, most of the corps we work thru are for landholding - eg buy 100 hects of land, cut and plot it into 240 one acre plots, do the titling, buy 240 corps and stuff each acre in a corp. Any acre can then be sold by simply selling the corp, plus it offers a buyer a few advantages including security. (It also saves land transfer taxes and no property tax appreciation where we are)
Totally agree on the time setting up corp structures - it's worth every dime and can have multiple benefits if planned well
