All Posts in Category: Economy

Moratorium on Panama Real Estate Taxes Extended

The news is finally out. After months of back and forth on what (not) to include, Panama’s National Assembly passed Law 49, extending the amnesty on penalties and interest on back taxes of all shapes and sizes, including any outstanding property taxes, owed through December 31, 2018. So, if you own real estate in Panama…

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China in Panama: high-speed rail, mega infrastructure news + more

The feasibility study for the US$5.5 billion high-speed rail megaproject linking Panama City to Chiriqui province is now in its final stretch. The field data’s in and the report is scheduled to be delivered by China Railways Corporation’s (CRC) to Panama by November. It’s one of the most prominent Chinese infrastructure projects to watch and…

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