In Germany, you sometimes get the impression through the media that you don’t have to pay taxes in Panama…this is wrong. Panama has a progressive tax system in which tax rates and rules are clearly defined. Generally you can say that the taxes in Panama are lower and easier to understand for investors, entrepreneurs and […]

In January the World Youth Day with the Pope took place in Panama. 300,000 visitors celebrated the Christian festival with the Catholic population. Panama invested about 50 million USD in the organization of the event. Economists expect a positive impact of an additional 1.5% GDP growth for 2019 through direct revenues and the international awareness […]

China’s President Jinping visited Panama in December to discuss economic agreements with the government. China has chosen Panama as the country in Latin America to continue its policy of the Silk Road. Panama’s geographical location makes it an ideal partner for a free trade agreement, investments in infrastructure and tourism. Further information on the infrastructure […]

The largest new copper deposit in the world was found in Panama and the copper mine will go into operation in 2019. This will have a positive impact on the real estate market in Panama. Panama’s economy is dominated by the service sector, which accounts for about 77% of the economy. Now the raw materials […]

This “Real Estate Market Report Panama” gives an overview about the development of the last years and describes the current situation. In 2010 I started to focus on the real estate market in Panama and then in 2013 I made my first real estate purchase. After years of research and network building in Panama, my own […]

Panama’s economy has always benefited from major infrastructure investments. In 2019, the airport terminal 2, metro line 2, the third bridge over the Panama Canal, the new cruise port and the congress centre will be completed. And a new giant project is just about to start construction.Photo © Autoridad del Canal de Panamá (ACP) At […]

The Panama Canal closed the 2018 fiscal year with a historic tonnage record, an increase of 9.5% over the previous year. This significantly exceeded the original forecasts for 2018. The revenues from the Panama Canal and the national currency, the USD, make the big difference between Panama and most other emerging market countries in terms […]

If you are looking for a relaxing apartment at the beach with good infrastructure near the metropolis Panama City, Coronado is the place to be. Only one hour away from Panama City is Panama’s biggest and most developed beach area. On the beautiful beaches of Coronado you will find all necessary facilities of daily life […]