Blog
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Panama Metro Initiates Crucial Tests for Line 1 Extension Project to Ensure Safety and Functionality
The Panama Metro has announced the commencement of the initial tests for train movement without passengers as part of the Line 1 Extension project.
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Panama Metro’s Line 3 Progresses: Reaches 47% Completion in Key Western Sector Project
The third line of the Panama Metro, a crucial project for the western part of the country, is now halfway done, as reported by the project administration.
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Panama’s main airport moved 16.2 million passengers in 2023
The Tocumen International Airport is the largest airport in Panama with 31 airlines; 15 cargo airlines and 17 passenger airlines. The Airport had registered the transit of 1,503,860 passengers in November, reaching a total of 16.2 million passengers processed for the year 2023. According to the general manager of the Tocumen air terminal, Raffoul Arab,…
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Creating a Living Will and Testament in Panama
Having a living will and testament is like having a safety net. You might never use it, but it’s there, chilling in the background just in case life throws a curveball your way.
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Over 6,500 New Businesses Emerge in the District of Panama
A total of 6,514 new businesses emerged in the Capital District as of March 2021, following the easing of COVID-19 pandemic restrictions, as reported by the Municipal Treasury of Panama.
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How to open personal and corporate bank accounts in Panama
Most of the biggest banks in Panama require clients to be either citizens or residents of the country (or in the process of obtaining residency in Panama) in order to open a bank account.
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Commercial real estate sector recovers and advances to a new phase of expansion
The commercial real estate market in Panama is experiencing a stable recovery following the COVID-19 health crisis and is now entering a new phase of expansion.
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A Comprehensive Guide to Work Permits and Visas in Panama
There are 11 different ways for foreigners to obtain work permits in Panama. Each option serves specific purposes and caters to various employment scenarios.
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Economic Recovery in Panama Exceeds Regional Expectations with Solid Growth Anticipated for 2023
The adviser to the Ministry of Economy and Finance (MEF) reported that the country has experienced a notable recovery, far exceeding the rest of the region, for which reason they anticipate that 2023 will have solid growth.
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Real Estate Taxes in Panama
In depth explanation of how real estate taxes work in Panama.
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