PANAMA REAL ESTATE
Closing Cost Calculator
Estimate transfer taxes, capital gains advance, and legal fees for your Panama real estate transaction.
Please enter a valid sale price.
Please enter the registered value.
Please enter years of ownership.
Please select a property type.
Please select a transaction type.
YOUR ESTIMATED CLOSING COSTS
PROPERTY SUMMARY
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Estimated Seller Costs
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Estimated Buyer Costs
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Estimated Total (Taxes + Legal Fees)
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RECOMMENDED LEGAL SERVICE
Frequently Asked Questions
When selling real estate in Panama, the seller is responsible for the ITBI (Transfer Tax) at 2% and an advance capital gains tax of 3%.
The ITBI is 2% applied to the higher of the agreed sale price or the property’s registered cadastral value in the Public Registry.
Panama requires sellers to prepay 3% of the transaction base as an advance against capital gains tax.
In Panama, legal fees are customarily paid by the buyer, covering due diligence, title review, and Public Registry registration.
Yes. Panama offers one of the most open real estate markets in Latin America. Foreigners enjoy the same ownership rights as Panamanian nationals, with no residency requirement.
Purchasing through a Panama corporation (S.A.) or Private Interest Foundation can offer advantages in asset protection, estate planning, privacy, and succession.
⚠️ DISCLAIMER: This calculator provides estimated closing costs for informational purposes only. Final taxes, legal fees, registry fees, notarial expenses and government costs may vary depending on the property, transaction structure, tax treatment, registered value, government review, and supporting documentation. Results should be reviewed with a Panama real estate attorney, accountant, or competent authority before closing.
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