Top investment locations are marked by a growing young population, economic momentum, increased purchasing power, the well-being of the people, good infrastructure and a developed transport network. Panama fulfils these criteria, thereby making it attractive to invest in the country. Where else can you acquire an apartment for 2500 US dollars per square metre within […]

Following the onset of diplomatic relations with China some weeks ago, Panama is looking forward to closer economic cooperation and is indeed anticipating a new property boom. Up to now, the Chinese have scarcely appeared as real estate buyers in Panama, something in stark contrast to their worldwide investments in places like Canada, US, UK […]

As announced some days ago, Germany and Panama have signed a new tax agreement. This provides for an automatic exchange of tax and financial data from 2017 on. The agreement complies with the international standards of the OECD. Panama wishes to free itself from the reputation of the “Panama Papers” and this represents a further […]

The OECD (Organisation for Economic Cooperation and Development) officially removed Panama from its international list of tax havens at the end of June 2017. The OECD explained this as being part of the good development and cooperation of Panama with regard to tax transparency and international relations. The country itself has signed numerous agreements with […]

Panama`s parliament has approved a new tax relief law on investments in the beautiful old town which will come into effect immediately and last for ten years. This, of course, is extremely good news for our UNESCO old town project in which a building will be restored in order to generate a lasting rental income. […]

One of Panama`s advantages as an investment location is the US dollar. The dollar has been Panama`s official currency since 1904, meaning that the nation cannot simply switch on a money printing machine like most other countries. Soaring inflation cannot affect Panama as it has done in so many other places in the past. Even […]

Panama`s economy has been growing at an average rate of 8.5% per annum since 2002. The International Monetary Fund predicts an average annual growth of 6% over the next four years. Due to its sustainable and strong economic development, Panama will show the highest GDP per head (economic performance per inhabitant) in Middle and South […]

Panama`s economy has always been hallmarked by foreign investors. This began with the US construction of the Panama Canal in 1903 and continued over the years through infrastructure funding, capital deposits and real estate investments from the USA, Canada and South America. Europeans have only recently begun to arrive, and that in small numbers. In […]