Cubans will be the largest buyers in the Panama Free Zone in 2023

Officials of the Colon Free Zone (ZLC) administration in Panama said this week that between January and July, more than 30,000 tourists made purchases and invested in the stores of this strategic site for the canal economy. According to these statistics, the largest number of visitors are Cuban nationals.

Reports on Press In Panama, as of July, they assure that 30 thousand 154 tourists from the Caribbean, Central America and South America have come to this area to leave their dollars, invest and return to their home countries. March saw the highest number of visitors Cuban citizens, Costa Rica, Ecuador, Colombia, and Peru have the highest purchase arrivals.

According to this information, the growing arrival is not only due to the striking offers, but also to the development of the shopping tourist visa for the Colon Free Zone in collaboration with Panama Migration. This has eased the influx of potential buyers who had to go through the complicated process of obtaining a visa to Panama.

They have also increased the number of local jobs to cater to this type of shopping tourism.

Shopping in Panama’s Colon Free Zone

According to several comments in Travel website TripAdvisor says at Colon Free Zone stores in Panama, you can buy year-round, “everything you can imagine, cell phones, clothes, perfumes, tires, hair accessories, electronics, kiosks, it’s a world of commerce”.

Undoubtedly, one of the most attractive points of Panama City is the Duty Free Zone (Zona Libre de Colón), where we can get the best prices for various products. There you can buy various products or desired items tax-free, which makes the purchase cheaper.

Shopping is the main activity in the Colon Free Zone, the largest free trade zone in Latin America and the second largest in the world. It is only an hour from Panama City in the province of Colon. Items in this shopping district are sold at fantastic prices and all taxes are free.