Pacora, Panama City, Panama City

Panama Park Free ZoneThe largest Private Free Trade Zone in Panama is a business model that allows foreign or local entrepreneurs to establish themselves with tax benefits, tax exemptions, immigration advantages and labor benefits for the development of their businesses. It is ideal for logistics services, manufacturing and value-added processes.The project consists of 48.5 hectares of Free Trade Zone and 4.5 hectares for commercial development, strategically located at the entrance of the complex. The development has access control with three entry lanes and three exit lanes, 24-hour security systems and surveillance cameras. The main circulation routes are wide, with two lanes in each direction, allowing fluid access for heavy traffic. It has a modern physical infrastructure dedicated to customs offices, administrative services and areas designated for technical training rooms for the staff of established companies.The property in question has• 363 m2 of space,• 4 parking spaces,• a floor to ceiling height of 6 meters and has warehouses and offices.• The sale price is $580,000• Rent is $3,500,• With a maintenance cost of $2.50 per square meter.The project offers various features and amenities such as:• Machine room• Visitor parking• Security gate• Insulated windows• Solar panels• Power lines available• Gated complex with perimeter wall• Private parking• Gardens• Recycling system• 24-hour security with security cameras• Security alarm system• Fire safety• Water reserve tank, power plant and full power backup.Why choose Panapark?INCENTIVED ACTIVITIESManufacturingAssemblyLogistics servicesHigher educationScientific researchHigh technologyEnvironmental servicesSpecialized center for health servicesValue-added servicesAviation and airport servicesTAX INCENTIVES100% exemption from income tax for permitted activities.100% exemption from customs taxes.100% exemption from income tax for leasing and subleasing developers.MIGRATION INCENTIVESPermanent residence permit as an investor.Temporary residence permit for staff, during the term of the contract.Short-stay visa as a trader to do business in the Free Trade Zones.WORK INCENTIVESWorker rotation is allowed in different lines of work.Fixed rates for overtime and work on days off for employees (25% and 50% respectively).