Things to consider when shipping your vehicle from the USA to Panama
- Bringing your vehicle into Panama is expensive
- Shipping costs start at ~$2,000/usd
- Import duty fee is around 15% - 25% of the value of the car
- Good and services fee is 7%
- Pensionado visa holders may import their vehicle duty free
- Documentation must in in place to ship your vehicle
Once the Goods Arrive in Panama
- The person must be present to pick up the vehicle and personal goods at the time of clearance
- All shipments will be personally inspected at the entry port
- For an additional fee to the Panama government, the inspection can be done at the person’s residence at the time of delivery
- Shipments must arrive within six months from when the person arrives
- Customs Broker’s fees are paid by the person at the time of clearance
- If there are storage fees they will be also paid at the time of pick up
Vehicles require these documents
- Original Certificate of Title and Registration
- Original Purchase Invoice or Commercial Invoice
- Original Pollution Certificate and Environmental Control Certificate
Note: If the person does not have the Panama Pensionado visa ID yet, then a letter from a Panama attorney addressed to “Direccion Nacional de Aduanas de Panama” that the Panama Pensionado Visa application is pending will be required.
