Panama Extending Real Estate Tax Exoneration
April 22, 2026 by patrickwoolford
Panama is extending a real estate tax exoneration law that will exempt any foreign builders from paying property tax for up to 20 years on new projects, according to this blog. Builders have up to July 1, 2026 to obtain a building permit, and until December 31, 2026 to acquire an occupancy permit to qualify for the tax exemption. Recently completed projects may also be tax exempt for a period for those interested in buying newly built real estate, as the tax exemption laws can roll over to new owners of property.
According to another blog written by a real estate developer in Panama, the current extension of the tax exoneration program gives investors a window of 8-10 months to start looking for property to develop. So if you are interested in taking advantage of this extension of real estate tax exemption in Panama, this summer would be the time to start thinking about your options.
