Panama: Wealth & Asset Management

La Fundación Multiforma de Nevis (Nevis Multiform Foundation), regulada por el Nevis Multiform Foundations Ordinance de 2004, es una estructura jurídica que tiene rasgos similares entre una persona jurídica y un fideicomiso, por su flexibilidad de adoptar o transformarse en distintas formas societarias. La fundación junto al Fideicomiso de Nevis, es una opción de vehículo corporativo robusto para la protección de activos.

The Nevis Multiform Foundation, governed by the Nevis Multiform Foundations Ordinance of 2004, is a legal structure that shares features of both a legal entity and a trust, given its flexibility to adopt or transform into different corporate forms. Together with the Nevis trust, the foundation is a robust corporate vehicle option for asset protection.

Wealth that has taken a lifetime to build deserves careful stewardship and thoughtful legal protection. Offshore trusts, when properly structured, remain among the most recognised instruments available for this purpose, enabling families to preserve assets across generations, provide for their loved ones, and make sure the plans they put in place today are honoured well into the future. This article looks at how two leading jurisdictions, the British Virgin Islands and Nevis, approach that goal, and what each offers individuals and families seeking lasting, lawfully grounded protection for their wealth.

Last year I wrote an article related to tax residence in Panama. On such article I mentioned that the OECD would be closing loopholes and forcing countries and subsequently Banks, to do more due diligence on their clients ...

In October 2016, the Panamanian government adopted new regulations to comply with the international commitments regarding corporate and fiscal transparency.

Why Panama? The answer is simple: Panama has it all and is a proud member of a select group of Latin American countries (Chile, México, Brazil and Peru) that have Investment Grade.