Tag Archives: panama

Huge Tax Breaks For Property Owners In Panama – Tax Free up to $120,000

Starting in 2019, there will be a major tax break for homeowners in Panama. Not only will primary residences be tax free up to $120,000 in value, properties beyond that limit will only face tax of 0.5% per year. This will be the new property tax plan: For primary or family residences: 0.0% up to …