Blog

The Minister of Economy and Finance (MEF), Dulcidio De La Guardia, announced the presentation of a new bill on property taxation in Panama, specifically affecting families.

Old Panama was founded by Pedrarias Davila on August 15, 1519. It became the first European establishment in the Pacific. The city was used as a passage for the gold coming from Peru to Portobelo and Nombre de Dios where it was shipped and send to Span. In 1671, one thousand men led by Henry Morgan ascend through the Chagres River to the city, which was completely sacked.