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The National Migration Service implements changes in entry requirements, immigration fines, regularization deadlines, and transit passenger or crew visa

Modifications in the requirements for the waiver of tourist visas for nationals of restricted countries Starting from October 28th, 2024, foreign nationals from restricted countries who hold a valid visa issued by Canada, the United States, Australia, the Republic of Korea, Japan, the United Kingdom, Singapore, or any of the European Union member states at

Morgan & Morgan receives top rankings in IFLR1000 – Latam 2024.

Panama, November 11, 2024. Once again, Morgan & Morgan consolidates its position as a leading law firm in Panama in the 2024 IFLR1000 Latam rankings. Banking and Finance: Tier 2 Capital Markets: Active M&A: Tier 2 Project Development: Tier 1 Individuals: Francisco Arias: Highly Regarded / Banking and Finance, Capital Markets, M&A, Project Development. Inocencio

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Update on the qualified investor program: New additions and key changes

On October 15, 2024, Decree 193 was published, modifying Executive Decree No. 722 of 2020 concerning permanent residency as a Qualified Investor. Relevant aspects Investment amount in real estate The investment amount in real estate is permanently set at $300,000. Investment options: To obtain this permit, it is necessary to invest through one of the

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Morgan & Morgan is recognized by the American Chamber of Commerce and Industries (AmCham) for its good corporate governance practices.

Panama, November 1, 2024.  For its initiative called “IDEA Committee, promoting diversity, inclusion and human rights,” Morgan & Morgan received the highest distinction in the Governance category of the “Sustainable Leadership Recognition 2024”, organized by the American Chamber of Commerce and Industries of Panama (AmCham). The AmCham Sustainable Leadership Award seeks to promote, encourage, and

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New Law 446 which grants exemption of interest and surcharges payment on non-paid taxes obligations.

By means of Law 446 of October 28, 2024, published in Official Gazette No. 30149-C, a tax moratorium is granted that exempts the payment of interest and surcharges caused by non-paid taxes obligations, under the following conditions: Taxes included: Income Tax, Real Estate Tax, Operating Notice Tax, Tax on the Transfer of Movable Tangible Goods,

Chambers & Partners 2024 Banking & Finance Global Guide

Panama, October 30, 2024. We are delighted to share our contribution to the Chambers & Partners 2024 Banking & Finance Global Guide. In the “Law and Practice” section, we provide an expert opinion on the financing market in Panama, delving into several critical aspects such as regulatory framework, ESG lending, guarantee vehicles, restrictions applicable to

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Morgan & Morgan outstands in The Legal 500 Latin America 2025.

Panama, October 25, 2023. “Morgan & Morgan is a world-class law firm and, in addition to being the largest firm in Panama, has a group of terrific attorneys.” In number of ranked practices and individuals, Morgan & Morgan is Panama´s most recognized law firm in The Legal 500 Latin America 2025. With 40 individual rankings

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Morgan & Morgan advised Supermercados Xtra, SA on $300 Million Bond Program.

Panama, October 24, 2024. Morgan & Morgan is proud to announce its role in advising Supermercados Xtra, S.A., one of Panama’s leading supermarket chains, in the registration of a $300 million Revolving Corporate Bond Program with the Superintendence of the Securities Market (SMV) under the SMV’s Abbreviated Registration process. This significant transaction also included the

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Morgan & Morgan advised the shareholders of Clínica Hospital de David, S.A. in the sale of a major participation in the company to Grupesal Panama, Inc.

Panama, October 15, 2024. Morgan & Morgan served as legal advisors of the shareholders of Clínica Hospital de David, S.A. (“CHDD”) in the sale of a 55% stake in CHDD to Grupesal Panama, Inc. CHDD is the parent company Centro Médico Mae Lewis, a hospital in Chiriqui, Panama. Morgan & Morgan also advised CHDD in

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The Electoral Tribunal establishes the creation and regulation of the digital ID and the digital wallet service.

Decree 43 of October 8th, 2024, published in the Electoral Tribunal Bulletin on Wednesday, October 9th, 2024, establishes the creation and regulation of the digital ID, as well as the digital wallet service, and provides the following: The introduction of a digital ID for Panamanians and permanent residents, which will serve as a secure means