Panama: Preferential Housing Interests

Until May 21, 2025, the plan to grant preferential interest rates for mortgage loans in the country was extended.

Tuesday, May 21, 2019

On May 20, Law No. 85 was published in Gaceta Oficial, which was approved by the National Assembly in April of this year and sanctioned this week by President Juan Carlos Varela.

See "Preferential Interest Law for Housing Sanctioned"

Among the most important changes is the modification of the value of the properties that apply for preferential interest, since now the State assumes 100% of the bank interest on housing, whose value is up to $40,000. reviews that "... From $40,000 to $65,000, the State assumes 4% of the bank interest and from $65,000 to $120,000 covers 2%. Homes exceeding $120,000 are excluded from the benefit, that is, the buyer must pay the full interest rate prevailing in the financial market."

See full publication in Gaceta Oficial.

Are you interested in construction projects in Central America?

Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization.

Request more information about our service:


Last Name:






More on this topic

Panama: Preferential Interest Law Sanctioned

September 2019

Laurentino Cortizo approved the law that had previously been voted by the Assembly, which contemplates interest rate benefits for home purchases of up to $180,000.

The law sanctioned by the Executive establishes that for the purchase of homes with a value between $120,000 and $150,000, the government will assume 2% of the bank interest, and in the case of real estate between $150,000 and $180,000, the exoneration will be 1.5%.

New Incentive for the Housing Market

September 2019

In Panama, the National Assembly approved in the third debate the bill that contemplates interest rate benefits for the purchase of homes for a value of up to $180,000.

The proposal was endorsed after the Cabinet Council approved Bill No.

Panama: Incentive to the Housing Market

September 2019

The Cortizo administration approved a proposal that establishes that the government will assume 2% of the bank interest for the purchase of homes valued between $120,000 and $150,000, and in the case of real estate between $150,000 and $180,000, the exoneration will be 1.5%.

The Cabinet Council approved on September 3 the bill No.

Preferential Interest Law for Housing Sanctioned

September 2013

In Panama, preferential interest has been extended to projects whose value is not greater than $80 000, where previously they could not exceed $65,000.

From a press release from the National Government of Panama:

With the aim of encouraging housing construction and maintaining the momentum of investment in infrastructure needed to alleviate the demand for housing and allowing more Panamanians to have access to these projects, President Ricardo Martinelli has passed Act 63 amending preferential interest rate loans.

 close (x)

Receive more news about Infrastructure & Construction

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Costa Rica Coffee Farm, Development Property $100,000 profit

Ocean views, waterfalls, 12 titled building sites, end of the road privacy but close to everything. An hour to shopping, medical services, beaches, airport, 30,000 new coffee plants!
One of a Kind Properties - Has Everything! Ocean views,...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Nov 14)
Brent Crude Oil
Coffee "C"