Taxes

With Panama's abundant sunshine and commitment to sustainable energy, installing solar panels has become an increasingly popular choice among the nation’s real estate owners. The country enjoys a tropical climate with high solar isolation, which makes it ideal for solar energy generation. This guide will provide a comprehensive tour of how to set up a solar system in Panama, from understanding its...

If you want to invest in real estate, you need to know what you’re doing!  So, with our 2024 Panama real estate report, we hope to offer you a comprehensive look at the current state and potential of the real estate market in Panama. We will discuss the latest trends, investment opportunities, regulatory environment, and more, providing valuable insights for investors, developers, and home buyers...

The end of last month brought with it an exciting development that might seriously affect every aspect of the economy in Panama. Namely, the nation’s legislative assembly has passed the crypto law bill - a bill related to the treatment of cryptocurrency by Panama. This has brought on a slew of different positive and negative reactions. However, this is not the end of things yet! President Cortizo has...

From 2008 onward, countries all around the world have been struggling to recuperate from the disastrous financial crisis. And within this troublesome period for world markets, no sector has been hit as hard as the residential real estate industry. With that in mind, many countries have been hard at work introducing measures designed to help the sector get back on its feet. For Panama, the growth of the...

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 exemptions were only for improvements to the land, but the...