Topic: Tax-efficient destinations. Part II
Panama
Panama is one of the lead retirement destinations in the world, not just because of its great medical care, but also due to its tax haven status. There is no tax charged on offshore-derived income, capital gains or on inheritance.
Additionally, foreign owners of properties in Panama - new builds and existing colonial style structures - which have building permits issued prior to 31 December 2009 are exempt from paying any taxes on property transactions carried out until 2030.