Panama is making strong progress in its efforts to lift the European Union’s “yellow card” warning issued in 2019 due to illegal fishing. This warning has limited seafood exports to Europe and hurt Panama’s image as a reliable trade partner.
An interagency group, including the National Customs Authority (ANA), is working together to fix the issues. Measures include installing vessel monitoring systems (VMS) and improving traceability – meaning every fish can be tracked from catch to export. These actions are designed to stop illegal fishing and improve the sustainability of Panama’s marine resources.
Why It Matters for Property Buyers
Fixing this issue could boost Panama’s fishing economy and support coastal communities that depend on it. Towns like Puerto Armuelles and Torio may benefit from increased investment, tourism, and job opportunities – all of which can improve local infrastructure and increase demand for real estate.
What This Means for Investors
If Panama succeeds in removing the yellow card, it could strengthen coastal property values over time. For expats or investors interested in eco-tourism, beachfront homes, or sustainable development, this progress is a positive sign.
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Date: June 20, 2025
