Reduced property tax in Panama

Panama’s government has passed a new property tax law, which has brought the greatest tax benefits to real estate in Panama for years. Property tax is progressive and is based on the value of the property in Panama. As a result of the new regulations, the tax rate for an apartment with a value of e.g. USD 400,000 is reduced by 70% to an average of 0.63% per annum.

This is of course good news for property owners and investors in Panama, as it significantly reduces the tax burden and makes an investment even more lucrative.

 


FRAPAN-Invest

Klaus Happ’s company “FRAPAN-Invest” advises investors who want to invest in real estate in Panama. He offers advice on all aspects of living in Panama.

The real estate market in Panama is internationally one of the most interesting for investments. We would like to be your trusted local partner and assist you with the initial purchase. Additionally, we can take care of your real estate in Panama in a sustainable way.

Profitable, safe and beautiful:
Investments in Panama

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