Modernizing Panama’s tax and municipal document request process
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Panama’s Ministry of Economy and Finance (MEF) has selected Penonome as the site for a massive modernization of the municipality’s system for processing public documents and paying fees, taxes, and the like. Obtaining documents such as Paz y Salvos (statement of good standings needed to sell a property, for example), along with renewing license plates, and paying several types of taxes, as of November first, will all be accessible online!
This is a huge step in the right direction to modernize a system that is terribly inefficient and time consuming, and we applaud the MEF for rolling this out.
Next on the list will be Santiago and Chitre, two sizable towns in the country’s interior in effort to digitize the country’s municipalities. This pilot program will eventually be rolled out to the whole country and should make things a bit easier to do.
Kent Davis, founder of Panama Equity Real Estate, is a leading expert in Panama’s competitive real estate market. Originally from Honolulu, Hawaii, he holds a Marketing Information Systems degree from James Madison University. After a successful corporate career managing multimillion-dollar inventories at Hajoca Corporation, Kent pursued his dream of living abroad, moving to Panama in 2007.
Driven by an entrepreneurial spirit, he established Panama Equity to connect buyers, sellers, and investors with Panama’s top properties. Known for his transparency, expertise, and market insights, Kent has helped hundreds navigate Panama’s real estate landscape. Fluent in Spanish, he frequently publishes market reports to empower clients with informed decisions.
Beyond real estate, Kent is passionate about Panama’s culture, landscapes, and surf-friendly beaches. He lives in Panama with his wife and three sons, embracing the vibrant lifestyle the country offers.
