Experts in
Real Estate Consulting
At Newmark we understand the Central American office real estate market and its trends. Our multidisciplinary team, spanning over 20 years of experience, has allowed us to become the most successful real estate services platform in the region. Our network and strategic partners located throughout Latin America and worldwide guarantees expertise combined with a broad portfolio of warehouses, industrial parks, logistics warehouses, and more.
Costa Rica's Free Trade Zone Regime
Costa Rica's privileged location, combined with its foreign investment incentives, have made it the leading Central American country in the establishment of large multinational firms. Learn about all the tax incentives offered by the Costa Rican free zone regime:
- Tax exemption on the importation of vehicles
- Tax exemption on local purchases of goods or services
- Exemption from export taxes
- Exemption for a period of 10 years from taxes on transfer of real estate and municipal patent
- Exemption from remittance tax
- Tax credits
Industries
The following companies can apply for Free Trade Zone incentives:
- Manufacuring companies that export their products
- Exporting trading companies (not producing)
- Exporting service companies
- Companies and organizations related to scientific research
- Manufacturing firms that may or may not export
Advanced Manufacturing
Thanks to accelerating technological advances, manufacturing is going through one of its greatest periods of change since World War II. Manufacturing processes used to mold, assemble, finish, and make custom components are dramatically changing the product of technologies such as robotics and automation. Some of the evolving subsectors in Costa Rica include aerospace, electronics, semiconductors, engineering and design, contract manufacturers, assembly, automotive, and metalworking.
Panama's Free Trade Zone Regime
Panama is the ultimate destination for multinational companies investing in Latin America. Modern free trade zones, infrastructure and the Panama Canal make the country a regional hub for international commerce.
Export Processing Zones: Free Trade Zones and free Enterprise Zones within which any national or foreign natural or legal person can be located.
SEM Law
- Exemption in the use of fiscal equipment
- Exemption in the payment of dividend and complementary tax and branch tax
- Exemption from the transfer tax of movable goods and services (ITBMS) for services provided abroad
- Exemption from payment of tax for notice of operations
- Fixed rate of 5% of the income tax of the Republic of Panama
- The gain or loss on the transfer of shares issued by the SEM company are subject to the capital gains regime, but to a fixed rate of 2%
EMMA Law
Immigration benefits:
- Multinational Companies Temporary Personnel Visa for the Rendering of Services Related to Manufacturing.
- Multinational Companies Permanent Personnel Visa
- Permanent Residence for Multinational Companies Personnel
Labor benefits:
- The company covered by an EMMA License may foreign employees to occupy senior and middle management positions, as well as temporary personnel, necessary for its operation.
- Any foreign person who has the status of dependent of a foreign employee by virtue of a Visa or a Residence Permit may work in the Republic of Panama if he/she complies with the necessary conditions to apply for a work permit.
Manufacturing
Different foreign companies seek to settle in Panama, attracted by the incentive laws and logistic facilities that the country offers, contributing to the region’s economy and expanding their connections within the American continent.
One of the countries with the largest business presence in Panama is the United States, which tops the list of 134 companies that have registered an investment of more than US$850 million and have generated more than 5,500 jobs.
Our Services
We have the ability and flexibility to adapt our services portfolio according to the needs of each client and project. We offer insight and professional guidance in:
- Site selection and negotiation
- Relocations and renovations
- Strategy
- Project execution
- Risk analysis
- Market conditions forecasts
- Built to suit construction
- Contract negotiation
- Investment optimization
- Cost reduction
- Property marketing
- Client prospecting
- Revenue analysis
- Marketing strategy
- Accurate data and analysis
- Lease negotiations
- Tenant retention
- Real estate valuation
- Location strategy and site selection
- Warehouse improvements
- Planning and design of operational industrial facilities
- Service provider selection
- Building deterioration analysis
- Benchmarking evaluations
- Facility operation optimization
- Maintaining suitable environments for infrastructure
- Space utilization efficiency
- Maximizing operational efficiencies
- Site management
- Service and operation cost reduction
- Saving time and money
- Strategies to maximize your property value
- Complete facility management
- Remodeling, expansions or modifications
- Facility organization consulting
- Maximize utilities and energy efficiency
- Real estate development research
- Data collection
- Real estate market trends
- Current investment conditions
Our value-added services have distinguished us throughout our history. Our level of expertise, focus on cost efficiencies and understanding of our clients’ strategic plans, have made us the most trusted allies of corporations worldwide.
Are you looking to invest abroad?
Central American countries offer the best options in tax benefits to place your company’s operation.
