Blog
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A Comprehensive Guide to Work Permits and Visas in Panama
There are 11 different ways for foreigners to obtain work permits in Panama. Each option serves specific purposes and caters to various employment scenarios.
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Economic Recovery in Panama Exceeds Regional Expectations with Solid Growth Anticipated for 2023
The adviser to the Ministry of Economy and Finance (MEF) reported that the country has experienced a notable recovery, far exceeding the rest of the region, for which reason they anticipate that 2023 will have solid growth.
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Real Estate Taxes in Panama
In depth explanation of how real estate taxes work in Panama.
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Expo Vivienda Capac registered mortgage transactions for over $130 million
Expo Vivienda Capac 2023 is one of the most important real estate fairs in the country and the latest fair registered sales of houses and apartments of more than $130 million.
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10 reasons why Panama is an ideal place for doing business
Panama is an appealing destination for living and conducting business, offering a secure environment, favorable tax policies, stable infrastructure, and a thriving international community.
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Panamanian ports receive more than 402,000 travelers during the cruise season
The National Migration Service (SNM) reported that during the “2022-2023 Cruise Season” they have served over 400,000 people between passengers and crew, who arrived in Panamanian waters on 67 cruise ships.
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Opening a Bank Account in Panama
Panama allows foreigners to open bank accounts, but they must provide more documentation for due diligence compared to European or North American banks. Requirements All documents must be recently dated (usually within three months). Documents Various banks might require more information, for example, the wellspring of assets you mean to store. There are distinct application…
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The 9 Types of Permanent Residency Visas in Panama
Panama offers different types of immigration residency visa programs, from temporary or permanent residency permits to full citizenship and Panama passports.
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Things to consider when relocating to Panama
Panama provides a high standard of living, favorable tax laws, a tropical climate and friendly locals. The following are some important considerations if you’re thinking about moving to Panama.
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Panama Metro begins preliminary final tests for new airport branch
The Panama Metro announced the start of the blank running period without passengers, within the project known as the Line 2 Branch, which connects with the stations of the Higher Specialized Technical Institute (ITSE) and the Tocumen Airport.
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