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Panama Bill

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About Panama Bill

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  • Full Real Name:
    Bill Hinrichsen
  • Reason for registering:
    Live and/or work in Chiriqui
  • Location of primary residence:
    In Chiriqui

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  1. Bud, I don't think that the problem is with your cable box. We have experienced intermittent audio problems with Fox Channel as well. And, in a couple of instances, we lost the video signal when all the other channels were working OK. I think it's a Fox transmission problem or, for some reason, a Cable Onda problem that only affects channel 61.
  2. Ray, The only thing that you need to study for the naturalization process is contained in the "Temario de estudio para el examen de aspirantes a la nacionalidad panameña" which you can download from http://www.tribunal-electoral.gob.pa/wp-content/uploads/2017/08/Temario-de-estudio-examen-de-aspirantes-a-la-nacionalidad-panameña.pdf Other information is contained here http://www.tribunal-electoral.gob.pa/descargar-documento/7827 All these documents and the study guide are in Spanish. Also, the website address is http://www.tribunal-electoral.gob.pa/direccion-superior/secretaria-general/ if you need more information. Regards, Bill
  3. Bloomberg December 28, 2017 Seven years ago, the U.S. led an effort to address a problem facing governments everywhere. Each year, people manage to avoid paying an estimated $2.5 trillion in income tax -- a giant sum that could be used to combat poverty, update infrastructure or lower tax rates for law-abiding citizens. Now, however, the U.S. is becoming one of the world’s best places to hide money from tax collectors. It’s a distinction that the country would do well to shed. In 2009, amid growing budget deficits and a tax-fraud scandal at Swiss bank UBS AG, the Group of 20 developed and developing nations came to an agreement: They would no longer tolerate the network of havens, shell companies and secret accounts that had long abetted tax evasion. A year later, the U.S. passed the Foreign Account Tax Compliance Act, which required foreign financial institutions to report the identities and assets of potential U.S. taxpayers to the Internal Revenue Service. Under threat of losing access to the U.S. financial system, more than 100 countries -- including such traditional havens as Bermuda and the Cayman Islands -- are complying or have agreed to comply. The U.S. was expected to reciprocate, by sharing data on the accounts of foreign taxpayers with their respective governments. Yet Congress rejected the Obama administration’s repeated requests to make the necessary changes to the tax code. As a result, the Treasury cannot compel U.S. banks to reveal information such as account balances and names of beneficial owners. The U.S. has also failed to adopt the so-called Common Reporting Standard, a global agreement under which more than 100 countries will automatically provide each other with even more data than FATCA requires. While the rest of the world provides the transparency that the U.S. demanded, the U.S. is rapidly becoming the new Switzerland. Financial institutions catering to the global elite, such as Rothschild & Co. and Trident Trust Co., have moved accounts from offshore havens to Nevada, Wyoming and South Dakota. New York lawyers are actively marketing the country as a place to park assets. A Russian billionaire, for example, can put real-estate assets in a U.S. trust and rest assured that neither the U.S. tax authorities nor his home-country government will know anything about it. That’s a level of secrecy that not even Vanuatu can offer. From a certain perspective, all this might look pretty smart: Shut down foreign tax havens and then steal their business. That would be the kind of thinking that’s undermining America’s standing in so many areas, from trade to climate change. Instead of using its power to establish an equitable system of global governance, it’s demanding a standard from the rest of the world that it refuses to apply to itself. That isn’t leadership. It’s hypocrisy!
  4. JimAndNena, you are correct. Calle 4a Sur is a one-way street. The problem is that drivers don't seem to pay attention to the white arrows painted on the ground at each intersection. Yesterday morning, close to noon, as we left Super Baru and we reached Avenida Central, some dimwit gringo turned left from Avenida Central onto Calle 4a Sur cutting in front of us, in spite of my hand waving and signaling "No" that this was a one-way street. I think that the white arrows must've been painted in Spanish and he didn't understand. Until we all start respecting the signals and traffic rules, nothing is going to improve regarding vehicular accidents.
  5. 2 bedrooms, 2 bathrooms plus den – Assigned covered carport. Monthly rent: $ 1,200 – Fully furnished, includes all utilities, cable and premium channels, high-speed internet and Wi-Fi. For sale: $ 235,000 Please see our website at www.PanamaVacationRentals.info for complete details and exterior and interior photos. Bill Cell phone: 6819-6660
  6. 2 bedrooms, 2 bathrooms plus den – Assigned covered carport. Monthly rent: $ 1,200 – Fully furnished, includes all utilities, cable and premium channels, high-speed internet and Wi-Fi. For sale: $ 235,000 Please see our website at www.PanamaVacationRentals.info for complete details and exterior and interior photos. Bill Cell phone: 6819-6660
  7. Home on premium bluff lot on the Cochea River Canyon, with unobstructed views of seasonal waterfalls, the river 300 feet below, the majestic Volcán Barú, David city lights, Pacific Ocean and some of the islands on the Chiriqui Gulf, and grazing fields across the canyon. This gracious, one-level home has a great, open floor plan that allows easy flow from one area to another, large size rooms, high ceilings and no steps anywhere inside the house. Located in the gated community of Los Molinos the beautiful and contemporary design distinguishes this house from others in the region. Immaculate front and back gardens and large covered terrace make this home perfect for entertaining as well. Property taxes exemption until November 2029. Don't miss this great opportunity. Best floor plan on one of the best view lots in the community. For pictures, video, aerial views, and full description please see our bilingual website http://www.PanamaHomeForSale.info.
  8. A small explanation here about the "special". The "special" refers to a menu item which is being offered at a discount, so there's no jubilado discount because the item is already discounted. However, the jubilado has the option of paying the special price, or applying the jubilado discount to the regular price of the item and then selecting the one which offers him/her the best price.
  9. The law is the law. Those of us who came here legally did it according to the laws and requirements of Panama, why anybody else should do it differently or illegally is beyond me. And worse yet, why would somebody try to excuse them for their actions?
  10. Keith, on the previous page, on one of my replies, you will find that I downloaded two files, one in PDF format which is Law 6 in Spanish as published by ACODECO, and the other is a translation of the entire law into English. You only need to click on the hyperlink to be able to downloaded into your computer. Also, both can be obtained on the Internet. And, if you can read Spanish, you can compare both versions and you'll see that the English translation is accurate.
  11. I think that Hil had asked and answered his own question earlier, before he edited it, which was " Does it state no discount on tourist visa in the law? No." And that is correct, however, the law states very specifically that you MUST reside in Panama, which obviously excludes tourists since they don't live here. Except those those who remain here illegally or run to the border every few months to get their passports stamped. They are not entitled to the discount. All merchants, not just restaurants, should ask for ID as detailed below to ascertain that they are providing the discount to eligible individuals so they (merchants) won't get screwed. Article 1. Panamanians or foreigners who reside within the national territory who are, fifty five [55] years of age or more, if they are women; or sixty [60] years of age or more, if they are men; and all those retirees and pensioners of any gender, they will enjoy the following benefits ... From these transcribed standards two considerations emerge: 1. In order of nationality: The recipients of the benefits of the law are not only Panamanians, but also foreigners living in Panama. 2. In order of age: These Panamanians or foreigners residing in Panama must be in any of the following categories: a) Ladies from 55 years of age, and gentlemen from 60 years of age. (Seniors). b) Be retired, of any genre. c) Be pensioner, of any genre. Article 4 of Law 6 of 1987 states that the beneficiaries of this law will prove their entitlement to its benefits by showing: 1. Cedula of personal identity. 2. Jubilado or Pensionado card. 3. Resident visa. 1 1
  12. No "expert" here. This is simply a copy of the law as published by ACODECO in Spanish, as the law was written. The English version is just a translation of the original in Spanish. There is nothing "authoritative" or "opinions" represented here. I have attached the actual law document as published by ACODECO in its own language and the translated version so you may compare the two for accuracy, if you read Spanish. Ley 6.pdf Ley 6-English.docx
  13. Yes, I agree with you about restaurants (whether small or large) that provide quality food at reasonable prices where you don't request the jubilado discount. I have done that many times myself. However, that's our decision, and it should not be imposed by the restaurant, which is illegal. People need to know their rights on this issue which is being abused too frequently.
  14. There seems to be a misconception among some of the local restaurants with regard to the jubilado discount, and customers do not challenge it when they are told that “certain foods or specific plates are ‘specials’ and therefore pensionado discounts do not apply.” There is nothing in Law 6 that allows this type of discrimination and there is no distinction about so called “specials”. The only reference in the law is when a restaurant offers something at a promotional discount (which is less than the regular daily price), in which case the jubilado has the right to choose whether to accept the promotional discount or the jubilado discount. However, to make this selection, one has to know both the regular price of the specific food and the discounted price in order to determine which discount is more beneficial to the jubilado. Just to name something a “special” and deny the jubilado discount is not legal and any restaurant (other than those exempted by law) refusing to honor the spirit of Law 6 should be reported to ACODECO. The law is very explicit, and the recipients of the benefits of the law are not only Panamanians, but also foreigners living in Panama. It does not apply to tourists. On a different subject, although somewhat related to restaurants, Law 34 of August 2, 2016, establishes that a tip is voluntary, and the restaurant cannot include it automatically with the total amount of the check. Law 6 of June 16, 1987 Benefits for Retirees, Pensioners and Senior Citizens Text has been updated as amended by Law 18 of 1989, Law 15 of 1992, Law 37 of 2001, Law 14 of 2003, Law 51 of 2005 and Law 30 of 2008. January 2011 edition Article 1 – Benefits - Section 4. Discount of 25% of the value of individual food for consumption in any restaurant, except those considered as fondas (taverns), which do not require a commercial license to operate. It is important to stress that the discount applies only to the individual consumption of the beneficiary of the law, no matter who pays the restaurant bill. The benefit is not transferable and it does not apply to the entire check, even when the retiree pays the entire bill. Individual consumption means the main course, which may or may not include appetizer, dessert and drink, as long as it is purchased for the consumption of the beneficiary. However, if the beneficiary just wants dessert, cold or hot drink the restaurant is not required to give the discount. This discount does not apply to home-delivery orders. Fondas are not obliged to give this discount provided that they do not require a permit of operation. For purposes of the beneficiaries of this section it shall be deemed “fonda” that establishment that has no more than six tables and does not sell alcoholic beverages. Also, street carts selling food are considered fondas. The fact that an establishment selling food is called a "fonda" does not mean it is, as long as it has a license to operate, it must grant the 25% discount (in case of a promotion, the beneficiary must choose one or the other, the promotional discount or the jubilado discount). Parece que hay una idea errónea entre algunos de los restaurantes locales con respecto al descuento de jubilado, y los clientes no los desafían cuando les dicen que "ciertos alimentos o platos específicos son ‘especiales’ y por lo tanto los descuentos de pensionado no se aplican". No hay nada en la Ley 6 que permita este tipo de discriminación y no hay distinción entre los llamados "especiales". La única referencia en la ley es cuando un restaurante ofrece algo con un descuento promocional (que es menor que el precio diario regular), en cuyo caso el jubilado tiene el derecho de elegir entre el descuento promocional o el descuento jubilado. Sin embargo, para hacer esta selección, uno tiene que saber tanto el precio regular de la comida específica y el precio con descuento a fin de determinar qué descuento es más beneficioso para el jubilado. Sólo nombrar algo como un "especial" y negar el descuento jubilado no es legal y cualquier restaurante (salvo los exentos por la ley) que se niega a honrar el espíritu de la Ley 6 debe ser reportado a ACODECO. La ley es muy explícita, y los beneficiarios de los beneficios de la ley no son sólo los panameños, sino también los extranjeros que viven en Panamá. No se aplica a los turistas. Sobre un tema diferente, aunque algo relacionado con restaurantes, la Ley 34 del 2 de agosto de 2016 establece que la propina es voluntaria, por lo que el restaurante no puede incluirla automáticamente en el precio total de la cuenta. LEY No. 6 de 16 de junio de 1987 En Beneficios de los Jubilados, Pensionados, y Tercera Edad Texto actualizado conforme ha sido reformado por la Ley 18 de 1989, Ley 15 de 1992, Ley 37 de 2001, Ley 14 de 2003, Ley 51 de 2005, y Ley 30 de 2008. Versión enero 2011 Artículo 1 – Beneficios - Sección 4. Descuento de 25% del valor del consumo individual de comida en cualquier restaurante, salvo aquellos considerados como fondas, que no requieran de licencia comercial para operar. Es importante recalcar que el descuento aplica únicamente al consumo individual del beneficiario de la Ley, sin importar quien pague la cuenta del restaurante. El beneficio no es transferible, ni aplicable a toda la cuenta, así y cuando el jubilado pague toda la cuenta. Se entiende por consumo individual la adquisición del plato fuerte, al cual puede o no sumarse la entrada, postre y bebida, siempre y cuando sea adquirida para la alimentación del beneficiario. Sin embargo, si el beneficiario solo adquiere un postre, bebida fría o caliente el comercio no está obligado a dar el descuento. Este descuento no aplica para pedidos a domicilio. No están obligados a dar este descuento las fondas, siempre y cuando no requieran de aviso de operación. Para efecto de los beneficiarios de este numeral, se considerará fonda aquella que no tiene más de seis mesas y no vendan bebidas alcohólicas. Igualmente se consideran fondas los carritos ambulantes de venta de comida. El hecho de que un establecimiento venda comida y se denomine “fonda”, no significa que lo es, puesto que si posee aviso de operación para operar, debe otorgar el descuento de 25% (en caso de oferta, el beneficiario puede acogerse a una de las dos, a la promoción o al descuento de jubilados).
  15. Yes, Cable Onda has a combination modem/router and it works very well. Also, the plus is that if the modem or router portion goes out they'll replace the entire unit themselves at no cost. You don't have to worry about buying a new router every time that it stops working.
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