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Panama: Labour Regulation

Work Permits

The employment market is quite closely regulated in Panama: the law sets maximum percentages for the employment of foreigners in a business according to its sector. Usually the figure is 10%. However, foreign companies are allowed to fill senior positions with expatriates, up to a maximum of 15% of the staff. It may be possible to agree a higher percentage with the Ministry Of Labour, which is responsible for issuing work permits.

 

 

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