Protect Investments and Keep 100% of Eligible Exemptions in Panama.
If you are buying, owning, or planning to sell property in Panama, understanding how property taxes work is essential. Many foreign investors and local property owners are surprised by the complex rules and potential savings hidden in Panama’s tax system. A property tax advisor is your key to staying compliant while protecting your profits.
A skilled tax advisor goes beyond basic paperwork. They provide property tax consulting services that include:
Working with tax consulting firms for property ensures you follow the law and maximize benefits.
Panama offers a territorial tax system with attractive incentives, but property tax rules can be tricky if you are unfamiliar with local regulations. A professional tax advisor for properties in Panama clients rely on will:
To stay compliant and maximize benefits under Panama’s tax system, property owners must meet certain legal and procedural requirements. These include:
Managing property taxes in Panama requires more than just making payments. Here’s how the process works with the support of a qualified advisor
Start by working with a professional who understands Panama’s property tax laws and exemptions.
Your advisor will review the registered title, property value, and legal structure to identify risks or benefits.
We’ll assess if your property qualifies for new construction exemptions, primary residence benefits, or other legal discounts.
Your advisor ensures that municipal obligations are met and that property taxes align with national regulations.
We handle the preparation and filing of your tax declarations to the DGI, ensuring deadlines are met.
If you plan to sell, we help you minimize capital gains and plan for transfer taxes, often in coordination with a real state tax CPA specializing in real estate for maximum efficiency.
Our network includes real estate CPA specialists, CPA for real estate investors, and advisors who deliver clear, actionable strategies.
Our tax team simplifies complex regulations so you can focus on growing your business with confidence. See how we’ve supported others with their accounting and tax needs.
Many investors focus on buying and selling at the right time, but overlook hidden tax issues that quietly reduce their returns. In Panama, even small oversights in property tax management can cost thousands of dollars over time. Here are the most common mistakes and how a trusted advisor helps you avoid them:
Read our client reviews below to see how investors like you have benefited from expert guidance.
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Yes. Panama requires annual property tax payments based on assessed value. However, some new properties qualify for temporary exemptions. A local advisor can confirm if your property is exempt and guide you on timely filings to avoid penalties.
Foreign investors may qualify for exemptions on new construction or certain tourism‑related projects. Each case depends on local law and registration. A tax professional can evaluate your title documents and secure available incentives.
Panama’s property tax system involves valuations, municipal obligations, and changing regulations. A consultant ensures accurate filings, discovers overlooked deductions, and represents you in appeals. This saves money and time while protecting your investments.
Look for professionals with proven experience in your specific area, such as Look for professionals with proven experience in your specific area, such as real estate accountants or international taxation. Check credentials, client reviews, and whether they are registered with recognized bodies in their country. In Panama, it’s wise to work with firms that specialize in local property tax laws. international taxation. Check credentials, client reviews, and whether they are registered with recognized bodies in their country. In Panama, it’s wise to work with firms that specialize in local property tax laws.
Panama applies progressive property tax rates. The first $30,000 of a property’s registered value is generally exempt. Above that, rates range from 0.6% up to 1% depending on the property’s value. Many new constructions or certain qualified projects can also enjoy temporary tax exemptions.
A tax advisor helps you structure your investments and transactions in ways that follow the law while reducing your tax burden. They review your situation, spot applicable exemptions, and create a plan so you save money and avoid penalties in the long term.
Panama is known for favorable tax treatment because it follows a territorial system. Income generated outside Panama is not taxed locally, and certain investments can enjoy incentives or exemptions. However, local income and property are still subject to Panamanian tax laws, which a good advisor can help you navigate.
