Offshore Gaming Update July 2007

Offshore banks in numerous jurisdictions have agreed to close bank accounts belonging to firms operating online gaming businesses.

Panama Banks Assets and Profits Growing at Record Pace

At the end of May 2007 it has been reported that the Panama Banks have collective assets of over $55,000,000,000 (55 Billion dollars). This is 17% higher than the preceding year (2006). Seventeen percent is very respectable growth by any standards.

Panama Real Estate: Evictions

Our law firm, Panama Legal, occasionally gets queries about the eviction process in Panama for residential real estate.