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Colon on brink of duty-free city status in Panama

Wednesday, July 15, 2015

The city of Colón in Panama is on the brink of becoming a duty free city as part of an economic incentives package delivered 23 years and four governments after it was first proposed.

Residents would be entitled to shop in the stores, with purchases limited to $1,000 every six months for individuals, or $2,000 per family. Tourists would be able to shop there without limits.

Source: Newsroom Panama