Property Tax Reform In Panama!

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Big savings for property owners in Panama.  On October 18, 2017, President Juan Carlos Varela passed the most important Panama real estate tax reform of the last 40 years. The legislature had already given their full approval in September by passing Bill 509 after 3 debates. The new property tax rates are effective January 1, 2019. Higher Tax Exemptions … Read more

Panama Property Taxes – Exemptions, Rates & Tips

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Information on property taxes in Panama can be conflicting and confusing. Here are the facts. 3 Panama Property Tax Exemptions There are 3 property tax exemptions available for titled property in Panama. FYI: Property taxes are only levied on titled land in Panama. Right of possession (ROP) property is not taxed. 1) Property valued under … Read more

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