Rent Freeze & No Evictions in Panama

I see 96 views of this posting, but no replies.

Are all the expats in Panama happy with their leases? 

No one experiencing problems with a lease renewal?

Like your Panama landlord raising the rent in spite of the President's Executive Order freezing rents and preventing evictions until after the current coronavirus emergency lockdown ends?

No problems here (in David) but we haven't lost income or ability to pay. A lady I know said her tenants haven't been able to pay so she is hurting for money, but she said nothing about asking them to leave. This is hardly an overview though. You might look for Bob Adams on YouTube. He's in Panama City and keeps track of what's going in on the country, especially related to business, economy, and real estate.

kristc99, Thanks for your reply and suggestion.

I know Bob Adams, and you are right, he is a good resource for information about Panama. But, he focuses on population patterns and statistics. He is not a lawyer and doesn't deal with "legal" issues.

Anyone else out there with thoughts on the President's Executive Order on Rent Free and No Evictions in Panama until the coronavirus emergency ends?

Lat July 24, I posted an answer to this question in a separate posting on this forum.

It saddens me that this older post is getting more attention than the one which best answers the question I originally posed here.

Check out the other post I made in this forum to see how the Moreno & Moreno law firm in Panama City answers this question:

https://www.expat.com/forum/viewtopic.p … 03#4912662

Steven Rich, MBA

It seems rental situations, leases, etc haven't been a big concern among expats, which seems like a good thing. What I hear most from expats is frustration about inability to move about within the country, or internationally, and the restrictions of the quarantines. I only know of one person who has been asked to leave their rental home (for trumped up BS reasons, gringa landlord)  but it ended well since he got a better place within a couple days.

Krist,

Thanks for your input.

I guess most expats who come to Panama are retired and buy a home or a condo apartment. So, they have no expired leases or rent increases to worry about.

I think there are expats who rent, but many are retired or work remotely. Those who have businesses here may be a risk however.
But, I don't think it's anything like what's going on in the US. This article made me think of your posts here - https://apnews.com/833d91877e2f0fa913c5 … dium=email   When I tell people here about all the people in the US living in the streets even before the pandemic, they have a hard time believing it.

kristc,

Homelessness is a global problem. Every country I visited in my life (around 35) all had homeless people.

Panama is no exception, Hundreds of homeless sleeping in parks and card board boxes in alleys and the streets in Panama City too. The Kunas in Guna Yala and the other  Native Indians live in constant poverty.

When the President's Executive Decree 145 ends in 6 months or so after the "national emergency" ends, all the rents not paid by renters here will become due. Then, the evictions will begin.   

Yes, homelessness is a big problem in the U.S. cities, but its a global problem too.