Panama is advancing plans for a new Film Law aimed at positioning the country as a leading regional hub for cinema and audiovisual production. The Ministry of Commerce and Industries (MICI), led by Minister Julio Moltó and Vice Minister of Foreign Trade Astrid Ábrego, recently reviewed progress on the proposed legislation.

The initiative, presented by Vice Minister of Culture Arianne Benedetti and María Cecilia Arias, director of Panama’s Film Commission, includes measures to boost the production, distribution, and preservation of national films while creating a competitive environment to attract global studios.

Key Provisions of the New Law

The proposal focuses on:

• Fiscal incentives to encourage foreign investment in productions.

• Simplification of procedures to ease the process of filming in the country.

• Support for local talent through training, knowledge exchange, and specialized infrastructure.

• Development of the national film industry by strengthening commercial and cultural opportunities for Panamanian works.

Broader Impact

Authorities emphasized that the reform is designed not only to attract high-profile international productions but also to generate employment, strengthen local expertise, and contribute to Panama’s economic diversification. The collaboration between the public sector, private industry, and international partners will be essential for creating a competitive legal framework that meets global standards.

Cultural and Economic Value

Panama’s unique geography and urban diversity – from historic Casco Viejo to modern Costa del Este – already make it an attractive backdrop for filming. With the new law, these areas and many others could see increased demand from production companies seeking authentic locations combined with logistical convenience.

How This Could Affect Panama

If passed, the law is expected to enhance Panama’s visibility in the global entertainment industry. Increased filming activity would likely bring benefits across sectors, from tourism to local services. For residents and expats, it could mean more cultural opportunities and dynamic growth in creative industries.

Casa Solution Real Estate will continue following updates on Panama’s evolving policies that support culture, innovation, and international interest in the country.

Written on August 17, 2025

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Panama advances a new Film Law to attract international productions, support local talent, and position itself as a regional hub for cinema and audiovisual industries.