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Panama Property News

Panama Legislature Approves Property Tax Cuts

After months of debate, the Panama legislature has approved a radical reworking of the property tax code, which will save many homeowners thousands of dollars a year. The bill, which has been described as “the most important reduction of property…

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New Tocumen Terminal Scheduled to Open in 2018

Big news for Panama travelers. The much-anticipated second terminal at Tocumen International Airport is scheduled to open in Oct. 2018. That’s the word from Tocumen manager Carlos Duboy, who told Telemetro the new terminal is about 75 percent finished. Construction…

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New Data Shows Panama Economy Surging

The global economy may still be sluggish, but not in Panama. The country’s gross domestic product jumped 5.8 percent in the first half, according to the last government data. The main driver of the increase was a 12.6 percent jump…

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