A new year is a great time for new changes. Whether you’re mixing up your office routine or trying out a new hobby, January is synonymous with trying new things. The most relevant change we seen in Panama as we rolled into 2019 is the new property tax reform. As of, Jan 1, there are…
Read More
Following on the announcement back in October, President Varela has now signed into effect the single biggest reform to Panama’s Property Tax laws in 40 years. The new law kicks in on January 1, 2019 and modifies the tax rate levied on properties throughout the country, promising serious savings for homeowners — regardless of citizenship….
Read More
Big savings are in the works for homeowners in Panama following the passage of possibly the most important real estate tax reforms in the last four decades. While the new tax rates kick in on January 1, 2019, other aspects of the new law are already in effect, including a moratorium on penalties and interest…
Read More
Whether you are a full time resident, part time visitor, or absentee landlord, if you own property in Panama, you will be subject to property taxes. Every property is different and as such, has different inherent variables that result in different tax obligations and benefits. This article was written in collaboration with Aldo Antinori, a…
Read More
