Tag: offshore real estate

Secretary Blinken’s Trip to Panama: Commitments to a Regional Approach to Hemispheric Migration and to Anti-Corruption Efforts

News from Panama

Secretary of State Antony J. Blinken will travel to Panama City, Panama April 19-20 to co-lead a Ministerial Conference on Migration and Protection and meet with President Laurentino Cortizo Cohen and Foreign Minister Erika Mouynes, as well as other leaders from across the hemisphere.  The U.S. delegation will deepen our ongoing efforts to improve bilateral and regional […]

April 22, 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

LNG Cargoes Drive Record Tonnage at Panama Canal

News from Panama

The Panama Canal Authority said a record amount of tonnage passed through the waterway during fiscal year (FY) 2021, a milestone driven in large part by liquefied natural gas (LNG) cargoes, which saw the largest increase. “LNG is not only growing the fastest, but it has had its best year in terms of tonnage through […]

November 10, 2021