Panama Wealth & Property Tax
Detailed wealth & property tax rates and rules for Panama in 2026.
Wealth Tax
Panama does not impose a wealth tax. There is no annual tax on net worth or total assets.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Panama does not impose an inheritance or estate tax. Transfers of assets upon death are not subject to taxation. This makes Panama attractive for estate planning purposes.
Top Rate
0%
Property Tax
Property taxes in Panama are levied on the registered value of real estate. The progressive rates are 0% for properties valued up to USD 120,000, 0.5% for values between USD 120,000 and USD 700,000, and 0.7% for values above USD 700,000. New construction may benefit from property tax exemptions for up to 10-20 years under various incentive programs. A property transfer tax of 2% applies on real estate sales.
How Panama Wealth Tax compares
Panama does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
