Panama News

What is changing in Panama for property buyers: residency, taxes, laws, the economy. Official sources only — in brief, with what it means for a buyer.

What is changing in Panama for property buyers.

Economy and Canal

Economy and Canal · Earthquake off the Azuero Peninsula: no deaths, minor damage in the capitalAround noon on 9 October a strong earthquake of magnitude about 7.5 struck off the Azuero Peninsula. Seismological services in different countries put it between 7.5 and 7.7. The epicentre was roughly 39 km north-west of Tonosí, in a sparsely populated part of the peninsula.Read
  1. Economy and CanalS&P affirms Panama’s investment-grade ratingS&P Global has kept Panama’s long-term rating at BBB- with a stable outlook — the lowest rung of investment grade. Panama’s Ministry of Finance called the decision the result of the government’s fiscal discipline.
  2. Economy and CanalPanama’s economy grows 5.5% in the first half of the yearPanama’s GDP grew 5.5% in the first half of 2026, and 6.4% year on year in the second quarter. The figures were published by the National Institute of Statistics (INEC).
  3. Economy and Canal1.75 million tourists visited Panama in the first half of the year, 17% moreIn the first half of 2026 Panama received 1.75 million foreign visitors — 17.4% more than a year earlier. The Tourism Authority (ATP) reported the figure; visitors brought the economy about $3.5 billion.
  4. Economy and CanalPanama Canal revenue up 17%In the first nine months of fiscal year 2026 (October 2025 to June 2026) the Canal’s transit revenue rose 17% to $4.8 billion. The figures were presented by Canal Administrator Ricaurte Vásquez.

News retold by the PanaVera editorial team from official sources; each item links to the original. The date is the date of the original publication.