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Panama Property Taxes Explained

There are many questions asked about Panama Real Estate taxes and how to calculate what the estimated tax will be when purchasing a property. Until recently there was a 20 year tax exemption on new construction and improvements for properties up to 120,000, any amounts over that were on a sliding scale depending on the amount of the property. These… >>

Panama Qualifies for World Cup in Russia

In an unprecedented victory against Costa Rica in the last game of the world cup qualification, Panama scores the wining victory to advance them for the first time in history to play with the top 32 soccer teams in the world in Russia 2018 after 10 successive failed attempts since 1978. The United States fatal loss to Trinidad and Tobago… >>

Escape Disaster Move to Panama

After living in Florida for a great deal of time and having to worry about their homes and personal safety year after year when hurricane season arrives, many people are now considering making a move to a country where they can have the same weather but not have to worry about hurricanes as they do in Florida. Hurricane Irma, one… >>

New Panama Connection with China

Panama is starting discretionary relations with China, the most recent hit to Taiwan as Beijing’s leaders try to divide the self-represented island. Panamanian President Juan Carlos Varela declared the move in a national address Monday. China is the second-greatest user of the Panama Canal and has played a major part in areas from managing an account to broadcast communications, he… >>

Trump Strengthens Ties with Panama

Prеѕіdеnt Dоnаld Trump wеlсоmеd thе рrеѕіdеnt оf Panama tо thе Whіtе Hоuѕе on Monday, роіntіng tо thе Unіtеd Stаtеѕ’ role іn the construction оf the Panama Canal аt thе ѕtаrt of hіѕ first fасе-tо-fасе mееtіng wіth the Central Amеrісаn lеаdеr. Amid the diplomatic meeting with Panama President Juan Carlos Varela at the White House on Monday, US President Donald Trump… >>