Iíve been in Panama
for years. I canít quote the laws, but I can relate some experiences of others.
Panama has two different boat
registrations: a national and an international.
Iím told that the national system is relatively quick, cheap
and easy, but you can only cruise
in Panamanian waters. The international registration
allows the boat
to go anywhere, but is targeted to big boats and has a minimum cost of a couple of thousand dollars per year.
There are several big law firms here that Iím sure could give you better information, but Iíve not dealt with them so canít give a recommendation.