I sat down recently with my good friend and longtime attorney Gonzalo de la Guardia to talk about something we’re hearing more and more about lately: crypto in Panama. Specifically, how it intersects with the real estate market, what’s real and what’s hype, and what buyers need to know if they’re looking to use crypto…
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As US Housing Markets Decline, Investors Look Elsewhere As anyone familiar with the Panama real estate market knows, our property market is historically fueled by foreign buyers. Typically, those foreigners purchasing property in Panama are usually either based in neighboring countries such as the US, Canada or somewhere in Latin America. And typically, those investors…
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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…
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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….
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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…
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EnglishOwning a home is a keystone of wealth… both financial affluence and emotional security.
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