What's the effect of illegal drug traffic in Panama?
Louis Seldon
Posted April 5, 2013
James David Audlin - Editores Volcán Barú
Posted May 26, 2013
Alonso Cornejo - ASA, Inc.
Posted November 25, 2013
Lourdes Townshend
- In the past, Panamá had been named to the "paradise fiscal list" (refers to countries whose banking and corporate laws can be more easily used to launder money), mainly because of its long-established laws regarding corporations and their share distribution; but very proudly, more recently Panamá, through its highly trained police, has become the number one country in fighting illegal drugs, confiscating large amounts daily.
- Due the combined efforts of authorities and donations of high tech equipment from some countries that are working together with Panamá to try to eradicate this "cancer" from the area, Panamá has successfully been declared to no longer be on the "paradise fiscal" list, once and all.
- Local government has confiscated thousands and thousands of tons of illegal drugs that dealers try to transit through Panama to the US or Central American countries on a daily basis, mainly in the areas of Darien and near the border of Costa Rica. This is a joint international effort, with the help of some high tech equipment, very modern technological strategies as well as a lot of training. Our drug fighting efforts get more creative every day, with our authorities constantly training their staff on the highest tech and tactics to fight every new path dealers open up.
Posted November 26, 2013
Mark Hurt
Posted July 5, 2014
David Whittington - Tucan Golf Club and Resort
Posted August 2, 2014
Terry Bradford
There are drug cartels and money laundering around the world, including a lot in Latin America.
We do not personally see these situations here in Panama because we do not have friends or contacts in those rings of people but I am sure they exist here.
We may read in the newspapers about drug raids, but as expats, we do not see them ourselves. Of course they keep very tight networks of people and operate underground.
There are drug cartels and money laundering around the world, including a lot in Latin America.
We do not personally see these situations here in Panama because we do not have friends or contacts in those rings of people but I am sure they exist here.
We may read in the newspapers about drug raids, but as expats, we do not see them ourselves. Of course they keep very tight networks of people and operate underground.
Posted October 9, 2014
Michael A. Martinez - B & B Real Estate Nicaragua / Panama Real Estate Information
Posted February 23, 2015
Charles Conn - The Visitor
Posted March 4, 2015
Jonathan Stolarz - COSTA LINDA RESIDENCE CLUB
Posted July 28, 2015
Jesahely De Janon - Panama Property Attorneys
Posted October 11, 2015
Mirhanna Sandoya - Lucero Homes Golf & Country Club
Posted December 18, 2016