Pros and Cons of Living in Panama
Last updated on Apr 26, 2024
Summary: The pros of living in Panama include its tropical climate, its diverse culture, its low cost of living, and its excellent infrastructure. Panama also offers a wide range of outdoor activities, from surfing to hiking, and its location makes it a great place to explore Central America. On the other hand, the cons of living in Panama include its high crime rate, its lack of reliable public transportation, and its limited job opportunities. Additionally, Panama's healthcare system is not as advanced as other countries, and its political system is often unstable.
What are the pros and cons of living in Panama?
Expats, digital nomads and retirees living in Panama responded:
"Expats and digital nomads in Panama enjoy the country's low cost of living, its tropical climate, and its friendly people. They also appreciate the country's excellent infrastructure, which makes it easy to get around and stay connected. On the downside, expats and digital nomads may find the language barrier challenging, as Spanish is the official language. Additionally, Panama's healthcare system is not as advanced as some other countries, so expats may need to seek medical care abroad," wrote one expat in Panama.
"Traffic is bumper to bumper during rush hours, stop signs are useless since they don't stop and just slow down.....if you're lucky! If you drive on the highway from Panama City to Costa del Este, you feel like you are going thru a gigantic dumpster with so many garbage on the beaches. (refrigerators, tires, furnitures, etc, etc). Rivers connected to the Pacific ocean in Panana City on Balboa Street and in Coste del Este smell terrible (pee) and you can see garbage floating from these rivers to the Pacific ocean in low tide then back on the beaches (if you can call beaches) on high tide. I asked many questions about this situation as if it was a complete lack of education or lack of interest from the Panamians. Panama is carbon negative for the air so air is pure but the garbage and smell when you cross these rivers are terrible. Walking on the boardwalk of Balboa street crossing a river, you need to pinch or cover your nose, same by crossing a river in Costa del Este and any rivers," explained one expat living in Panama City.
"People like the beauty of nature, the quiet, relaxed atmosphere, the small town feel, the relatively close proximity to Panama City (2-3 hours drive) and the weather (not as hot or humid as Coronado). Dislikes include the frequent power outages, lack of health care facilities, overpopulation of dogs that bark all night, and lack of stores (if want want to buy anything beyond basic necessities you have to drive the curvy, pot-holed mountain road to Coronado (35-45 minutes drive). I hope this is helpful," said one in El Valle de Anton.
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The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
Click connect to have our partner contact you via e-mail and/or phone.
The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
What do expats in Panama appreciate most about the local culture?
"Very friendly people here at restaurants, stores, banks, public offices......they will always help you and are very welcoming," explained one expat.
"The food. The appreciation for and enjoyment of everyday life and family. They are not as driven by the dollar as people in the USA. Their many celebrations and traditions and their enjoyment of them," said one person in Nueva Gorgona.
"Expats in Panama appreciate the country's tropical beauty, sunny skies, and warm climate year-round. They also find Panamanian culture to be friendly, welcoming, and laidback. Locals often offer a great deal of hospitality and are excited to share their culture with visitors. Expats enjoy exploring Panama's unique cultural and historical sites, shopping at local markets, trying the diverse cuisine, and engaging with the many colorful festivals and holidays celebrated in the country. Additionally, the cost of living in Panama is relatively low, making it an especially attractive destination for foreign visitors," remarked one expat in Panama.
The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
Click connect to have our partner contact you via e-mail and/or phone.
The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
Click connect to have our partner contact you via e-mail and/or phone.
What do expats find most challenging?
"The difference in attitude regarding such things as appointment times - even if you agree to meet at a specific day and time, if a Panamanian has a family event, another appointment or just decides not to come, they may show up an hour or two late or the next day. You need to be prepared to schedule and re-schedule without getting too frustrated," replied an expat in Boquete.
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:
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