The constitutional democratic republic of Panama, the most important financial center in Central America, has an impressive history of international banking and services jurisdiction. It has a fully regulated body of internet gaming laws of the highest standard, comparable to the gaming laws of the Isle of Man, which means that the Igaming entrepreneur can open a gambling website and continue to be on the right side of US law. With its absence of a military and central bank, free circulation of US capital, free use of the US dollar as legal tender and zero tax, Panama has been described as a 'virtual...


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Malta introduced its new Remote Gaming Regulations in April 2004. These regulations were a much awaited mile-stone superseding the previous law regulating offshore betting offices (The Operation of Betting Offices Regulations, 2000 - Legal Notice 34). Under the old law, licensing of a betting office setting up shop in Malta required a presence in Malta in the form of a premises from which the betting office's operations were carried out. These regulations covered only betting operations and did not cater for computer-generated games. In fact the internet was merely sanctioned as a communication...


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What is a New Zealand Foreign Trust? A New Zealand Foreign Trust is a trust entered into by a non-resident Settlor with a New Zealand Resident Trustee for the benefit of non-resident Beneficiaries, where no income is earned in New Zealand. New Zealand Foreign Trusts are increasingly being used as an alternative to a tax haven trust for clients located in most places in the world.  Properly planned, it can offer excellent tax efficiencies. What is a trust? In common law jurisdictions such as New Zealand, a Trust arises where a property has a legal owner and a beneficial (or real) owner. ...


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