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Panama Legal, S.A. Law FirmOffshore Banking, Offshore Corporation & Asset ProtectionCenter 
By Aurelia Masterson, http://www.panamalaw.orgWe are a licensed Guatemala law firm specializing in Asset Protection, Offshore Bank Accounts inPanama, Belize, Saint Vincent Grenadines, and Guatemala, Formation of Panama Corporations andFoundations, Panama Real Estate and Immigration, Signatory Services and Trust Agreement Banking.You have attorney client privilege in all your dealings with us including phone calls, chats and email.We do care enough to offer several ways of communicating with us securely. We can represent you,defend you and protect your assets along with your right to privacy. We could not reveal anything aboutyou or your affairs without your specific permission. Click on the about us tabof our website to see our   professional law licenses. If you see a website that appears to look like a law firm but does not have thenames of the lawyers or any license number for the law firm something is not right especially if thefirm name does not say Law Firm, or Lawyer. As a client of Panama Legal, S.A. you will have a lawyer assigned to you and you can call that lawyer and ask questions anytime. If you inquire of us byemail, phone, Yahoo Messenger, or Skypeyou will talk to a live person and get answers. We answer all emailfast.If you acquire an offshore corporation, offshore trust, offshore foundation or anoffshore bank account  from a non-law firm, they could freely reveal your confidential information which they collect fromyou like name, address, passport, name of corporation, bank account information etc. without anystatutory penalties. In other words you do not have the benefit of attorney client privilege. Some of these corporate resale agents in other countries say they have some sort of offshore banking or financial privacy protections but it is nothing like attorney client privilege. If you deal with an entity in Panamathat is not a law firm, they must obtain the corporation or foundation through a law firm (they are notthe law firm) then your attorney client privilege is already defeated since this non-lawyer entity knowsall about you, your identity and your corporation and/or foundation and maybe even your bank accountinformation. So if you do not see the licenses of the lawyers on the web site watch out.
Your Problems and Your Law Firm
- Is your law firm knowledgeable and able to understand the problems of the judicial system in your home country that led you to read this page? Do they reallyunderstand what you are up against? Do they know enough to be creative in their asset protectionsolutions or is it always going to be one of two or three canned solutions? Are they offering you goodsecure jurisdictions or just jurisdictions where they can obtain the products?
Home Country Asset Protection Challenges
- We understand the legal and judicial system in NorthAmerica, Central America, South America and Europe and that is why our solutions will protect and preserve your assets while remaining out of the reach of your potential financial enemies whileallowing the assets to grow and keep pace with inflation and then some. We also operate in Guatemalaso we can structure two or even three country solutions to hold up against any sort of financial attack  by your financial enemies whoever they may be or where ever they may be. Guatemala has extremely protective asset protection laws and practices. So do feel free to ask us questions by phone, chat,
 
messenger or emailto see if you are comfortable with us and if we have a good grasp of the legal problems you are concerned about that motivated you to visit this website.
Investigating Your Law Firm
- You can check the law licenses etc but the only reliable way to knowthat the Law Firm is real and solid is to go there andvisit the law firm. See the offices; meet some of the lawyers and staff. See how many files they have, are they busy, is the phone ringing, aremessengers coming and going and so forth. You need to evaluate if they are in business and likely to bein business someyears down the road.We welcome cautious clients anytime and we understand it is your hard earned money you are trying to protect. Regarding the banks we do not want you trying to sleep at night worrying about whether or notyou made the right choice, come check us out and the banks in person. If you can't come, we can stillget everything done for you and take great care with your asset protection structure. Rest assured wehave thoroughly investigated the banks.We can arrange an English-speaking driver to meet your flight with a sign with our law firm name andyour name. We can also arrange corporate rates at a nice comfortable 3.5 Star hotel in a 5 star neighborhood (El Cangrejo). The hotel rate is $70 a day. There are numerous airlines flying here andwe even have direct flights from Europe and North America. We do ask you to give us 48 hours in thecountry if we are setting up banking and stock brokerage accounts.
Investigating Your Offshore Bank 
- We can get you a Panama Bank Account with Online bankingWITHOUT you having to come to Panama but you are perfectly welcome to come and check out the bank. We can do the same with Belize, Saint Vincent Grenadines and Guatemala. We also have noname ATM cards good in ATM machines around the world. These ATM cards come in a folder with the pin number and you can just pick one out of a stack and leave with it. No chance of anything beingembedded in the magnetic strip. No ID is given to the card operators.The best way to investigate your bank is to come here and let us take you in to meet the bankers. Youwill see a large hi-rise building with the banks name on it, a lobby with perhaps 80 people in itcounting staff and clients. You will sit down and have a nice interview with a bank representative whowill answer your questions including if there are going to be any signatories on the account you do notknow about (never happen with us) or what happens if the nominees try to add a signatory to theaccount (never once happened with us).Panama has 150 banks. Perhaps 12 will open up an account for a foreigner not living here. Of that 12,four will ask you to sign documents waiving bank secrecy and in some cases allowing the bank toreport to your home country tax authorities. We do not use any of these banks at all. There are banksoperating in Panama only. Most of our clients have accounts in the largest bank in Panama.If there is a problem (hasn’t been one since the Americans left in 2000) the other banks in the other countries using the same name will step in and shore up the Panama Bank which is a separate PanamaBanking Corporation using the same name. They have to save the name worldwide. Since offshore banks do not have insurance this is the protection we provide for our clients. The International bankswe use typically have $25-$75 Billion in assets. The Panama bank is using a name used in other countries but is a separate Panama Banking Corporation under Panama Bank Secrecy Laws. You couldsue the bank and the executives if they violated the bank secrecy laws of Panama and the banks havedeep pockets and the punitive damages would make you and your family smile for many generations tocome. The executives could also go to jail. Rest assured the Toronto or London banks using the same
 
name are not going to be able to access your banking records in Panama and turn them over under some court order. There is a legal separation preventing this from happening. We have a massiveamount of clients with the largest Panama bank and never had one client have their bank secrecyviolated ever. Now you can get up to 4.25% interest on five-year deposits in USD, 4% on two year deposits(substantial amounts only please). Short-term rates run around 2%, depending on term and amount of deposit. Rates change and fluctuate from time to time and we have been known to get aggressive innegotiating with the banks – you are our client not them!The national currency in Panama is the US dollar but Euro accounts and Pound Sterling Accounts areavailable as well. We only open Panama bank accounts for Panama corporations or foundations that weformed. If we did not form the entity we need to shift it over to us as the resident agent and use our nominees. If you have a corporate or foundation bank account you can add in a personal bank accountif the signatories are the same at the same bank.For more details read our sections onPanama Banking, Guatemala Banking,Belize Banking and Saint Vincent Grenadines banking.If you require more privacy & security read our section on GuatemalaBanking using international trust agreement signatory service banking.
Panama Stock Brokers
- We can get your Panama Corporation or Private Interest Foundation anaccount with aPanama Stock Broker .You can trade the markets in many countries around the world. They do offer Forex and of course margin accounts. The accounts can be operated online or using a live broker. There are no discount brokers in the offshore world because there is no capital gains tax. If youare a substantial account the rates will approximate that of a discount broker. We can however get you astock brokerage account with a Panama Bank that has 75 Billion in assets. Panama secrecy laws similar to bank secrecy laws apply to stock brokerage accounts in Panama. There are ways to transfer stocksfrom another country to Panama stockbrokers. It is not simple. You cannot transfer stocks from a personal name to a corporate name.
Real Estate and Lawyers
- In your home country are you in the habit of dealing with law firms thatsell real estate? Of course not! Our law firm does not sell real estate; we are a professional law firm.We represent clients in their real estate purchases, sales and negotiations. We feel it would be a conflictof interest to sell real estate and represent clients at the same time. In order to sell real estate in Panamaone must have a real estate license, a law license is not the correct licensure. Professional law firms inPanama are not in the habit of doubling as real estate sales agencies. If you are dealing with a realestate company offering you free or deep discount services be aware that there is a conflict of interest.They make their money selling real estate, not giving away legal goods and services. If the lawyer doesn't make sure the deals close no matter what, he will quickly be replaced with another lawyer whodoes make sure the deals all close.Sometimes clients find out they got a free corporation with their real estate purchase but the renewalfees are double what most firms charge (we charge $695 per year starting in year two and we hear feesof $1200 - $1500 on these real estate corporation freebie deals). Real Estate brokers may refer you to alaw firm or lawyer. Again run the other way. You are one client and the real estate agency representsmany clients to come. Who is the lawyer more worried about you or the next 25 clients the realtor issending over this year? There is a conflict of interest and it is against your best interests. Go get your own independent lawyer and avoid legal services or legal service referrals from a real estate company.That free corporation may cost you a lot more in the long run. Always have an independent lawyer read
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