Moving to Panama
Last updated on Jul 23, 2024
Summary: Expats and digital nomads move to Panama for its low cost of living, warm climate, and friendly people. Additionally, Panama offers a variety of activities and attractions, making it an attractive destination for those looking to explore a new culture. People can find a place to live in Panama by searching online for rental properties, or by contacting a real estate agent. The most popular cities for expats and digital nomads in Panama are Panama City, Boquete, and Bocas del Toro. These cities offer a variety of amenities, activities, and attractions, making them ideal for those looking to experience the culture and lifestyle of Panama.
What do I need to know before moving to Panama?
When we asked people what advice they would give someone preparing to move to Panama, they said:
"Definitely rent. When you find a short-term rental you really like and you demonstrate to the owner that you can be trusted they will probably let you reserve it a year in advance. That’s what we do, but we are considering the possibility of looking for a yearly lease which might cost about the same as 4-6 months short term. It would have to be a place where the owner lives nearby and can keep an eye on things. The advantage would be that you can furnish it the way you want and keep your stuff there when you are away. As far as I can see that would be cheaper and more convenient than buying," remarked one expat who made the move to Panama.
"Rent first before you buy. Your paradise today may not be what you will think in 6 months. Brings essentials and sell everything else, you can get it cheaper here," explained one expat living in Bocas del Toro, Panama.
"Travel as light as you can. Open yourself to the experience of daily life where you land. Don't choose a permanent base-of-operations until you have considered EVERYTHING that is important to you, and that you've been to other areas of Panama. It's a small country with amazing diversity. Give yourself the opportunity to experience the banquet!!!," said one expat in Panama City.
"Expatriates should be aware of Panama's tropical climate and the potential challenges associated with extreme temperatures and humidity. Additionally, expats should be aware that English is not the primary language in Panama and that proficiency in Spanish is essential for daily interactions. Furthermore, a basic knowledge of Panamanian culture, customs, and their legal system is important in order to make the transition to living in Panama as smooth as possible. Additionally, expats should look into the availability and quality of healthcare services, housing, and education options that are available in the area where they plan to live. Finally, expats should research visa requirements and be aware of the cost of living in Panama," said one expat who made the move to Panama.
"Before moving to Panama, it's crucial to understand the visa and residency requirements. Familiarize yourself with the process and prepare for legal procedures such as opening a bank account and obtaining a driver's license. Explore the available housing options to suit various needs and budgets. Learning Spanish is essential, as it's the primary language in Panama. Additionally, research educational opportunities for your children and consider factors like public transportation, safety, and basic infrastructure. Get acquainted with Panama's cultural and recreational offerings to fully enjoy your experience in the country. It's also valuable to explore the recreational and sports options available in Panama. From pristine beaches to outdoor activities like hiking, surfing, and diving, the country offers a wide range of opportunities to enjoy nature and maintain an active lifestyle. Additionally, there is a vibrant sports scene with local and international events that may interest sports enthusiasts," wrote Moises Alvarado N. from Panama Legal Business (PANLEB).
Moisés Alvarado Navarro is an experienced legal advisor in Panama and has assisted numerous foreigners in establishing themselves in Panama.
Click connect to have our partner, Moises, contact you via e-mail and/or phone.
Moisés Alvarado Navarro is an experienced legal advisor in Panama and has assisted numerous foreigners in establishing themselves in Panama.
Click connect to have our partner, Moises, contact you via e-mail and/or phone.
How do I find a place to live in Panama?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"One of the most popular ways to go about finding a place to live in Panama is to contact a real estate agent. Real estate agents have up-to-date databases on listings and can help you find something that fits your needs. Additionally, you can use online property listing services such as Pana Network and Encuentra24 to browse through property listings offered in Panama. You can narrow down your search by location, price, size, or amenities. You may also be able to find available rentals through online expat forums, social media, and other expatriate websites. You may want to consider visiting the location if possible to get a feel for the area and evaluate whether it meets your criteria," remarked one expat who made the move to Panama.
"We wanted to live in a safe local neighborhood near the ocean. I listened to my friends who were already here and looked in those areas," explained one expat living in Bocas del Toro, Panama.
"We live in Costa del Este because we wanted to be very close to services without being in a noisy city and we also like to walk and Costa del Este is a beautiful place with wide sidewalks and beautiful landscaping," said one expat in Panama City.
"We lived in Panama City for a short time while we were waiting for our goods to arrive. The heat is almost unbearable. We had visited Boquete on previous visits and decided that its mild weather is a good choice. Never too hot or too cold. We purchase a dehumidifier for the rainy season, but you don't need an air conditioner or space heater. A lighted ceiling fan is all you need," said one expat who made the move to Alto Boquete.
"Panama offers different areas to consider from the bustling city of Panama City to highlands of Boquete or Altos del Maria to the tranquil beaches of Coronado and Venao. Factors to consider when choosing a place to live include proximity to schools, hospitals, shopping, and entertainment, safety, and accessibility," wrote Business Panama from Business Panama Group.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Click connect to have our partner contact you via e-mail and/or phone.

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Click connect to have our partner contact you via e-mail and/or phone.
What is a typical expat home or apartment like in Panama?
"We live in a spacious one bedroom apartment across from the ocean for $400 a month. There are people who live in smaller cheaper places more inland and folks who live out on the water in larger homes for more money. Typical is what fits you," said one expat in Bocas del Toro.
"I own/rent apartments in both Nueva Gorgona (Royal Palm -RP) and near Panama City/Panama Pacifico at Casa Bonita -CB. Given the two I like the Beach in Gorgona best - its really unique as it is in part a black volcanic rock beach that shimmers in the moonlight - amazing and fantastic- also I do like to cool off in the different pools there. People bash Gorgona because of proximity to shopping - I thinks its better proximity to shopping than Casa Bonita above. The last couple of times I stayed at CB there was oddly police men checking for a pass - to go the quicker "back way" to shop at Panama Pacifico (that you can buy for $5 but oddly again they can't process them fast enough for you to get one). CB is much closer and right across the americas bridge from Panama City. But going to Panama City (for me) is an all day event in traffic from CB. But that depends on planning around traffic. CB would be the place I would stay if I constantly needed advanced healthcare. Also there are pools at CB - you have to have a Pearl Club membership to swim and use the nice facilities there. Also I like CB to watch marine traffic and ships pass by going into the Canal. Also kind of funny story - Gorgona has dogs barking and cocks crowing all the time - but at CB I wake up to hear a howler monkey in the jungle - that the locals say is "just a dog" ? who's pulling who's leg. But anyway as far as square meter, beds bathrooms both places are very comparable," remarked one expat who made the move to Nueva Gorgona.
"We are renting a home. It is typical housing; concrete outside. This home has a lot of wood including ceilings. We just paid for an exterminator to gas the house. It is large. It has 4 bedrooms, one barely larger than a closet. The kitchens in older homes have no drawers. Think table service settings. Small countertop, limited storage in overhead cabinets. My eating area has steel shelving that I brought from the US. It provides storage for the mixer, baking equipment extra dishes and bowls. It's has a very Restoration Hardware look about it. I think that new construction has limited storage space as well. If you have books or dvds, buy shelving. Linen closets often don't exist. I store my linens and fabric in antique suitcases. Even if you buy kitchenware in Panama, you have to store it somewhere," explained one expat living in Alto Boquete, Panama.
"Homes in Boquete range from quite rustic Panamanian style homes to large luxury homes. It all depends on your desires and budget! Most homes in Panama are concrete block construction. I will disagree with the previous poster, most homes in Boquete do not have either AC or heat, as it is not needed due to the stable and comfortable air temperature. As you drive from Boquete to David it get significantly hotter and AC would be highly desirable in those areas. See homes at https://casasolution.com," said one expat in Boquete.
"Right now, my room is comparable in size to a prison cell, but it's clean, there is WiFi, a TV,a desk, a small fridge, and my own bathroom. (Only window is in the bathroom!) Oh, and a bed! A communal kitchen/lounge is available when wanted. Last night was as noisy as all get-out. Hope it won't be a regular thing-earplugs, perhaps. This area is VERY popular with expats; fortunately I know a few of them, so I have someone to advise and direct me, if I need help," said one expat who made the move to Panama City.
What is the average cost of housing in Panama?
If you are thinking about moving to Panama, cost of living in probably a key consideration. Expats commented about the cost of housing:
"Actually, they are comparable! I came here from living in Phoenix for the last year. Had to be very fiscally conservative there-just another victim of the economic debacle-and so I am prepared to continue this ecomically challenged life-style. It is what it is! Panama offers such an amazing variety of natural riches,that I feel quite wealthy! And grateful for this opportunity to live a different kind of life and blessed to be here," explained one expat living in Panama City, Panama.
Should I buy or rent a home in Panama?
If you have not spent a lot of time in Panama, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"We bought our home and turned half of it into a vacation rental (Tres Terrazas). We used an attorney for this as we were conducting the purchase from the states with emails, faxes, federal express and bank deposits. Not really that difficult but we had a great attorney," remarked one expat who made the move to Taboga Island.
What should I pack when moving to Panama?
We asked people living in Panama to list three things they wish they had brought and three they wish they had left behind. They responded:
"Before moving to Panama, check basic legal documents such as passport ID, drivers license, credit card, tax return and bank statements, police record, all apostilled. If you want to open a bank account or start applying for residency, these documents will be important. Other practical stuff: Breathable t-shirts (2-3 pairs); Quick-dry shorts (1-2 pairs); 1 pair of full-length pants; Long-sleeved outer layer; Rain jacket; Light puffy jacket; Workout clothes for hikes & adventures; Bathing suits/board shorts," wrote Business Panama from Business Panama Group.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
"Full size vacuum cleaner. I brought all of my slacks. In Panama we are going through a phase of slacks and jeans with 3" zippers. If your are not wearing a thong, you better have a very long shirt. I don't have any idea when this style will change. There are no Talbot's type shops here. Shoes are reasonably priced. We wish we had brought power tools. They are more expensive here than at Home Depot. If you have a computer, bring a modem. Bring your car. Roads vary from super highways to dirt roads. New cars are expensive in Panama," said one expat in Alto Boquete.
"I arrived 4 days ago, and so far, I don't wish for anything more, nor anything less. I've brought clothing and essentials and that's all," said one expat who made the move to Panama City.
"If moving to Panama, it is recommended to pack (weather-appropriate) clothes for hot and humid weather. It might be helpful to also bring items like rainwear, hats, and sunscreen for the hot, tropical climate. It is also wise to bring comfortable shoes suitable for adventure and exploring. Additionally, basic supplies such as toiletries, medications, and a reliable flashlight are highly recommended, especially if living in a rural area. If bringing electronics, ensure they are compatible with the electrical outlets in Panama, which use the type A and B plugs. Having photos of family, friends, and home could also be beneficial during the transition," explained one expat living in Panama.
"I brought everything I wanted. Especially specialty items that are harder to get here since I am a cook. My husband brought his tools. I brought too many clothes. I am glad I did not bring my furniture. We live in shorts and flip flops and little dresses. We shipped everything down in a shared container for a very reasonable price," said one in Bocas del Toro.

Get Quote
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote
What cultural faux pas should I try to avoid making in Panama?
We asked people in Panama if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:
"In Panama, it is important to be respectful in all interactions. Pronouncing Spanish words incorrectly or using slang can be considered offensive or inappropriate. It is also important to be aware of local dress codes, as wearing revealing clothing in religious or traditionally conservative settings can be seen as inappropriate. Additionally, it is important to respect Panama’s indigenous cultures and be sensitive to any cultural differences that may exist. Showing deference and respect to authority figures is also key. Finally, do not be disrespectful to Panamanian flags, emblem, and customs, as this can be considered a serious offense," said one expat in Panama.
"Panamanians are very tranquilo people and willing to help. If you are politely sincere, they will overlook any faux pas. However, don't mistake kindness for weakness. Panamanians are also tough. If you approach them as a superior jerk, you will get the jerk treatment. One of the things I love most about Panamanians is their insightful sense of humor. It is quite sophisticated. My Spanish is not good, but our joint sense of humor supersedes all language barriers. Just be good and relaxed," remarked one expat who made the move to Panama.
Why do people move to Panama?
When we asked people why foreigners move to Panama, they responded:
"Here you have a slower, more rural life-style, with nearby little-used beaches and modest cost of living. There is a restaurant called Smiley's where expats tend to gather. And November 25 there are wonderful parades and traditional dress. In February for carnival the dress is modern and parades and floats resembling Rio. There is a health clinic in town where you can consult a doctor for $2.00, or you can drive into one of the bigger cities like Chitre (1 hour away) for specialists. The weather is temperature consistent, but from December through April it is DRY, whereas May through November it rains a lot, but still with quite a bit of sunshine," wrote one expat living in Pedasi.
"Panama's ideal tropical climate, world class infrastructure and low taxes are some of the primary attractions that draw expats to move there. Additionally, Panama enjoys a stable political and economic environment, providing a safe and secure environment in which to establish new lives. The country also boasts a wide diversity of activities and attractions to explore, both in the city and in the stunning landscapes nearby. From rainforests to sandy beaches and mountains, Panama has much to offer those looking for a new home. With a vibrant culture and intriguing history, it's easy to see why many expats have chosen to call Panama home," commented one expat living in Panama.
"People move to Panama for its dynamic economy, job opportunities, attractive retirement program, warm climate, diverse natural environment, political and economic stability, ease of settling in, developed infrastructure, ease of doing business, ample investment opportunities, and accessible financial market," wrote Moises Alvarado N. from Panama Legal Business (PANLEB).
Moisés Alvarado Navarro is an experienced legal advisor in Panama and has assisted numerous foreigners in establishing themselves in Panama.
Click connect to have our partner, Moises, contact you via e-mail and/or phone.
Moisés Alvarado Navarro is an experienced legal advisor in Panama and has assisted numerous foreigners in establishing themselves in Panama.
Click connect to have our partner, Moises, contact you via e-mail and/or phone.

Get Quote
Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.

Relocating abroad soon? Make your move with AGS! AGS Worldwide Movers is a leader in the international moving industry. Our experience and expertise allows us to guarantee our clients the best quality moving services.
Get Quote
How are healthcare services Panama?
When we asked expats and global nomads about the quality of medical care in Panama, they replied:
"Not great. I read a post in response to this question where someone said we have a hospital. Not true. We have a building that is supposed to be a new clinic but it is not open and there is no telling when it will open. If you want any kind of serious health care you have to go to Coronado or Panama City," commented one expat living in El Valle de Anton.
"Like many countries, Panama's best medical facilities are concentrated in urban areas. Punta Pacifica, a private facility in Panama City, is considered the most technologically advanced hospital in Latin America and is affiliated with Johns Hopkins Hospital. There are other hospitals such as Paitilla, San Fernando, Nacional and more. Nearly all doctors in Panama speak English, as do many nurses. Panama City in particular is home to superb healthcare facilities. In fact, the city is one of the regional leaders for medical tourism and dental work, plastic surgery, stem cells treatments, and joint replacement surgeries. ," wrote Business Panama from Business Panama Group.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
"It is not like others want you to believe. It is not up to US standards. The one private hospital wants you to believe they are part of the Johns Hopkins network and they are not. Clinics are often store fronts, crowded and dirty. Equipment is old. ," remarked one expat living in Coronado.
"Being from the U.S. it's hard to say medical care is better, but the difference is it's 1/10th the cost to get the same type of medical care. Don't be afraid that you're going to get 3rd world medical care in a foreign country. Also, just as in the U.S., don't be afraid to ask questions or to give your opinion of what you think needs to be your course of treatment," commented one expat.
"Healthcare services in Panama are generally of a high quality, with both public and private options available. The public healthcare system is funded by the government and is free for all Panamanian citizens. It is also available to foreign residents, although they may have to pay a fee. The public healthcare system is generally of a good quality, with a wide range of services available. Expats in Panama can use the public healthcare system, although they may have to pay a fee. Private healthcare is also available in Panama, and is generally of a higher quality than the public system. Private healthcare is more expensive than the public system, but it is often preferred by expats due to the higher quality of care," explained one expat living in Panama.
What are medical services in Panama like?
When we asked expats and global nomads about the quality of medical care in Panama, they replied:
"Panama has a well-developed healthcare system, with both public and private hospitals and clinics providing a wide range of medical services. The country has a number of highly-trained doctors and specialists, and many of the larger hospitals offer advanced medical treatments and procedures. In addition, Panama has a number of medical tourism options, with many people travelling to the country for medical treatments and procedures that may not be available in their home countries. The cost of medical services in Panama is generally lower than in other countries, making it an attractive option for those seeking medical care," stated one expat who made the move to Panama.
"The Clinic in Horconsitos is open only part time. Additional Clinic is available M-F in San Lorenzo. Otherwise a trip to Davis is required, 1:15 minutes away from home," remarked one expat in Boca Chica.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- How do I meet people in Panama?
- What is life like as an expat in your area?
- Is there a lot of crime in Panama?
- What do I need to know before retiring in Panama?
- Is there a lot of diversity? Are people in Panama accepting of differences?
- What are the schools in Panama like?
- Is the cost of living in Panama high?
- What advice do you have for expats having a baby in Panama?
- What are healthcare services like in Panama?
- Is the cost of living in Panama high?
- What type of recreational facilities are in Panama?
- What is the weather like in Panama?
- Are there good restaurants in Panama?
- Where will I buy groceries and do other shopping in Panama?
- What are the visa & residency requirements in Panama?
- Are healthcare and health insurance expensive in Panama?
- What do I need to know when buying property in Panama?
- Are foreigners allowed to own property in Panama?
- What appliances are typically included in a rental?