This happened on Contadora Beach, Archipielago de la Perla, Panama City, Panama. As Best Gore member @slavicguy notes:
On that beach there is a parachute agency for anyone who is curious to experience what it feels like to glide down with a parachute. I think It’s a Gringo owned company.
The video shows the hard landing of a parachutist on that beach by that company. More that 600 professional parachutists participated in an event involving jumps from helicopters and planes, so the locals twinks and hoes were on the ground recording.
The guy reportedly died, so now Panamanians on social media are speculating that he had died before hitting the ground. I do not know whether that’s true or not.
Many thanks for the video, @slavicguy: