Describe possible opportunity cost of relocating to panama from?

Question

Describe possible opportunity cost of relocating to panama from?

Answer 1

Ok this will depend on different issues.

First, it will depend on where are you relocating from, in order to establish the cost of transporting your belongings.

Second, the immigration status you wish to apply in Panama.  If you're shooting for a turista pensionado, you will definitely get tax breaks when bringing in your belongings.  If not you will have to pay some duties.

Those are the basic situations.  So let's say that you fill a 20TEU container with all your belongings, that will be at least $1,000.00 USD to get to Panama on any major shipping company (port to port).  If you need to get it to port, then add the transport costs from your present location to a suitable port.  If you're in the US, try to get it to New York, Miami, or New Orleans, as they have regular traffic to Panama.  Houston and LA have some traffic as well, but I'm not that sure as to how often.

Try to get a consolidator like PANALPINA, and they can handle your cargo to your door.