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Buying or selling property in Panama is often exciting. People focus on the location, lifestyle, financing, or investment potential, but one area that regularly surprises both buyers and sellers is closing costs. These expenses are often misunderstood because many people assume the advertised purc...
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Panama is experiencing weeks of intense heat, high humidity and elevated heat index conditions as local weather authorities monitor the effects of El Niño on the country's climate. The heat is being felt across urban, coastal and inland areas, with particular pressure on daily routines, fishing...
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Panamanian President Jose Raul Mulino announced the appointment of engineer Ilya Espino de Marotta as the next administrator of the Panama Canal, marking the first time a woman will lead the interoceanic waterway. Her seven-year term is scheduled to begin on October 1, 2026, after a selection proc...
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Panama and Costa Rica, long viewed as close Central American neighbors with strong commercial and diplomatic ties, are facing a new period of friction after Panama paused the sale of electricity to Costa Rica. The move follows renewed criticism from Costa Rica’s newly sworn-in president, Laura F...
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How Do I Avoid Scams When Buying Property in Panama? Buying property in Panama can be a safe and rewarding experience, but like any real estate market, it requires proper due diligence, experienced guidance, and a clear understanding of the purchase process. For many foreign buyers, the biggest c...
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Panama received 999,934 international visitors during the first quarter of 2026, according to figures from the National Institute of Statistics and Census, known as INEC. The result represents a 17.3% increase in visitor arrivals and places the country close to the one-million-visitor mark in only...
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Panama recorded the largest fiscal correction in Latin America in 2025, according to the Fiscal Panorama of Latin America and the Caribbean 2026 report by the Economic Commission for Latin America and the Caribbean, known as CEPAL. The report indicates that Panama reduced the Central Govern...
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Switzerland has approved its accession to the Protocol to the Treaty Concerning the Permanent Neutrality and Operation of the Panama Canal, adding another internationally respected voice to the group of countries supporting the Canal’s open and neutral status. The decision was approved by the Sw...
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The Cheapest Way to Get Residency in Panama Depends on Who You Are For people looking at Panama as a long-term base, the cheapest residency option is not the same for everyone. The answer depends mainly on whether the applicant has a qualifying pension, a real job offer in Panama, remote foreign ...
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Panama’s Fourth Bridge over the Canal is now projected to cost $2.387 billion, including financing, after a new $295 million addendum was signed to redesign the project’s eastern interchange. The Ministry of Public Works says the change is meant to avoid future congestion and improve connectio...
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A little-known office address in Punta Pacífica has suddenly become linked to one of the largest and fastest-growing prediction betting platforms in the world. Polymarket, the cryptocurrency-based prediction market valued at an estimated $15 billion, officially lists Panama as part of its lega...
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For decades, giving an address in Panama often meant describing landmarks instead of using an actual postal code. Directions like “across from the minisuper,” “after the church,” or “next to the mango tree” became part of daily life for residents, delivery drivers, and even emergency s...
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