This page features selected current news and developments from Panama that may have practical relevance for people planning a move, foreign residents in Panama and other interested readers. Topics include residency, public authorities, the economy, safety, infrastructure and everyday life in Panama. Linked original sources are predominantly available in Spanish.
Panama News
Panama updates and strengthens bank anti-money-laundering rules
Panama has updated and consolidated its anti-money-laundering rules for banks. Depending on their risk profile, foreign customers may need additional documentation for banking transactions.
New bank-loan transparency rules from October 2026
Starting in October 2026, banks must provide borrowers with clearer information about repayment schedules, interest, fees and other costs, making loan offers easier to understand and compare.
New path to permanent residency for long-term students
Foreign nationals who have studied in Panama for more than six years may use a new route from an initial two-year provisional permit to permanent residency.
Proposed ITBI tax relief for new homes
A proposed law would partially exempt the first sale of new homes from Panama’s ITBI real estate transfer tax within specified value limits.
New residency option for scientists and highly qualified professionals
Panama has created a new residency category for internationally recognized scientists, researchers and highly qualified professionals, initially offering a two-year provisional residence permit.