Are foreigners (expats) allowed to own properties in Panama?
The policies in Panama are very friendly, all nationals, foreigners, and corporations are permitted to purchase and own property in Panama.
Property Tax Calculation in Panama
Taxes are obligations that people and/or companies have to pay to contribute with the State expenses and investments financing.
In the Property Tax case in Panama, the Tax Code has three different fees for the purposes of its calculation.
The first corresponds to a Combined Progressive Rate (TPC) that applies to all property or real estate.