President Of Panama Announces Blood Cancer Diagnosis


News from Panama

The President of Panama Laurentino Cortizo said on Monday that he has blood cancer, although the 69-year-old said he feels well and is in “good spirits.” In late May, Cortizo’s doctors detected “a decrease in hemoglobin and white blood cell count” during routine testing, the president said in a televised statement. Specialists recommended that a […]

June 24, 2022

Terminal 2 at Tocumen Airport begins operations


News from Panama

On Wednesday, June 22, 2022, operations and commissioned passenger processing began within the new Terminal 2 of Tocumen International Airport. The Panamanian airline Copa Airlines is the first to operate from this new terminal 2. Passengers praised the new infrastructure. The former president of the Republic, Martín Torrijos, was the first Panamanian diplomat to leave […]

June 24, 2022

Yacht racers set sail from Seattle for Panama


News from Panama

Jackie Wyer says goodbye to Patrick Van der Zijden, skipper of the Zhuhai, one of 10 70-foot-long ocean yachts that departed Seattle on Saturday for the next leg of the Clipper Round the World Race. They’ll arrive in Panama in about a month. Van der Zijden, who is Dutch, has logged more than 200,000 nautical […]

May 6, 2022

Panama Canal Proposes New Toll System, Raising Transit Costs


News from Panama

The Panama Canal Authority proposed a comprehensive restructuring of its toll system on Friday, which would increase rates charged on cargo such as vehicles, oil and gas and soybeans that cross the waterway as ocean shippers rake in record profits. The changes would reduce the current structure to fewer than 60 tariffs from 430 now and focus […]

April 8, 2022

Panama – Regulation to the law that creates the private and unique system of registration of beneficial owners of legal entities


News from Panama

ASSIGNMENT OF A UNIQUE REGISTRATION CODE (HEREINAFTER “CUR”): Every lawyer or law firm that intends to provide resident agent services for Panamanian legal entities must be registered in the Unique System of the Superintendence of Non-Financial Subjects. After their registration, the Superintendence of Non-Financial Subjects will assign a Unique Registration Code (hereinafter “CUR”) to each […]

April 8, 2022

The Darien, a Gap between Hope and Despair


News from Panama

With a bag full of hopes and dreams, Iriana Ureña, a 32-year-old Venezuelan mother of two, arrived at a Migrant Reception Station (ERM) in San Vicente, at the edge of the Darien Gap. The look in her eyes showing the pain of a mother who would do anything to protect her children. Iriana and her […]

April 8, 2022

Panama tightens security on Colombian border


News from Panama

Panama has stepped up security along its jungle border with Colombia in an effort to detect irregular migration movements and members of criminal groups. Speaking in Meteti, Security Minister Juan Pino said Friday that the “Wana Humaradá” operation would focus on four strategic points of the Darien region. It aims to prevent drug trafficking, human […]

February 18, 2022

Live and Invest Overseas Reveals Six Best International Investment Property Markets for 2022


News from Panama

BUSINESS WIRE – Live and Invest Overseas, the leading resource for people who want to live, retire, and invest overseas, announced today its six best international markets for investment property in 2022: Panama, Colombia, Brazil, Montenegro, Morocco, and the Philippines. These overseas destinations were chosen because they offer untapped, and in some cases, depressed real estate […]

February 18, 2022