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Will longer nightlife hours in Panama City actually bring more tourists? Almost certainly not on their own. Nobody books an international flight because a bar in Casco Antiguo closes at 4:00 a.m. rather than 3:00 a.m. What extended hours can plausibly do is capture more spending from visitors...
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How much is Tocumen International Airport spending on its next expansion? $306.75 million, split between two separate projects: a $208.75 million extension of Terminal 2 called the Muelle Sur (South Pier), and a $98 million overhaul of the airfield itself. Together they would take Tocumen to ...
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What tax exemptions does Panama's new tourism incentive bill offer, and who qualifies? The Cabinet Council approved Proyecto de Ley 31-26 on August 25, 2026, creating a single legal regime of tax incentives for tourism investment. New tourist lodging projects in the Panamanian Caribbean would...
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Panama's mortgage reference rate may sound like a technical banking figure, but for homeowners with certain preferential mortgages, changes in the rate can affect what they pay. The Superintendency of Banks of Panama confirmed a 6.50% annual reference rate for both the first and second quarters...
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How much will the Panama Canal contribute to the Panamanian State in fiscal 2027? The Canal will transfer $3,607.8 million directly to the National Treasury during the fiscal year running from October 1, 2026 to September 30, 2027. That is $414 million more than the figure approved for fiscal...
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What did Panama's government actually declare? On August 26, the Cabinet Council approved Resolution No. 102-26, putting Panama under a national state of emergency because of the effects of El Niño. The declaration doesn't only cover drought, it also responds to flooding that has already displa...
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How much did Panama’s most exclusive coffee sell for this year? Hacienda La Esmeralda’s 2026 private auction, held August 18, 2026, sold 87 kilograms of Geisha across 12 nanolots for a combined $499,820. That works out to an average of $5,745.06 per kilogram, reported as the highest average ...
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Do foreign retirees get Panama’s pensionado discounts? Yes. Under Law 6 of 1987, the discount program applies to retirees, pensioners, and seniors residing in the national territory, including foreign residents. On August 27, 2026, the National Assembly approved Bill 226, which amends that law...
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What is Panama’s new country brand? On August 26, 2026, at the Amador Convention Center, the government launched “Panama, Anfitrion del Mundo” (Panama, Host of the World), a national brand representing the country abroad across five areas rather than promoting tourism alone. The brand w...
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Panama Property Tax Calculator: What You Could Owe at $150K, $300K, $500K and $1M How much is property tax in Panama? The answer depends mainly on two things: the taxable value of the property and whether it qualifies as your primary residence. For buyers considering a home in Panama, the easi...
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Panama's multidimensional poverty rate fell from 14.7% in 2022 to 12.4% in 2025, according to the latest report from the Ministry of Economy and Finance (MEF). The decline means an estimated 83,949 people moved out of multidimensional poverty in just three years. The latest figures are part of ...
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New Hotel Data Puts Bocas del Toro Ahead of Panama City in Occupancy New tourism data has placed Bocas del Toro ahead of Panama City in average hotel occupancy, offering a clearer view of lodging demand outside Panama's capital. According to an August 4 report from Infobae, PROMTUR Panama expand...
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