×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Pros and Cons of Living in Panama | Expat Exchange
Expat Exchange
Free MembershipSign In
Bocas del Toro, Panama

Pros and Cons of Living in Panama

By Joshua Wood, LPC

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.

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

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," explained one expat living in Panama.

"I love he town I live in. It's small but in close proximity to neighboring towns with many dining and shopping options. We are very happy with where we live. There is a good doctor in our neighboring town that speaks English and has specialists come into his office for easy access to people in our area. For more specialized medical procedures, Panama City has many private hospitals with excellent reputations and specialists in every field. We are about an hour from Panama City so access is not very difficult. I do have minor concerns about what would happen if I had a major medical emergency (heart attack, stroke) but I don't worry about it. Our philosophy is to deal with things as they arise. Maybe not the best approach, but our approach," said one expat in living in Nueva Gorgona, Panama.

"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," wrote one expat in El Valle de Anton.

View More Answers

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama
Connect

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 Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama

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.
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?

"I appreciate the excellent and affordable health care -- that doctors think of themselves as regular human beings. I appreciate that family comes first. I very much appreciate the lack of consciousness for politically correct speech. I appreciate that calling me a gringa is not derogatory but descriptive and even endearing and that because people do not take offense with such nicknames, there is very little if any racial tension. I appreciate that if I am late for an appointment due to traffic, for example, I don't have to stress because no one expects anyone to be on time. I appreciate that privacy from the government is still valued. That people still dress up a little when they leave the house to run an errand, that traditional music, dance and dress are kept alive and taught in the schools," said a person living in Santiago.

"Very friendly people here at restaurants, stores, banks, public offices......they will always help you and are very welcoming," explained one expat living in Panama City.

"I appreciate the dedication to family - it's refreshing to see entire extended families spending time together and enjoying life," said one in Boquete.

"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," explained one expat who made the move to Nueva Gorgona.

View More Answers

Kovalenko & Vera Attorneys at Law in Panama

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.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Kovalenko & Vera Attorneys at Law in Panama

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.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What do expats find most challenging?

"Culture....hhmmmm. Disinterested sales personnel who seem to resent being at their post. Bright colors are welcome and plentyful. Another challenge is the general physical size of the locals...as it relates to finding clothing that fits. If you are female and larger than a size 8, good luck finding undergarments. For my husband and his size 12 narrow foot, murder finding shoes," said one person in Altos del Maria.

"Learning that now actually means later, that pinning down someone to a specific time is almost impossible. That this is a nation of many first generation drivers, that there is very little "do it yourself ability here". Maintenance is not something that most people see the point in doing. Fast service with a smile almost doesn't exist. Most stores have no idea what they have in inventory and the process of giving them money for goods is cumbersome and painful. Although labor costs are low, mandatory benefits are extensive, for example one month of paid vacation annually, an extra month of pay every year, 14 legal holidays, 25% contribution to social security with no cap. There is an absolute inability to give directions. Most people are patient to a fault," remarked one expat in Santiago.

View More Answers

About the Author

Joshua Wood 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.

Bocas del Toro, Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

We've partnered with Kovalenko & Vera to help with your move.
Learn More

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama

We've partnered with Kovalenko & Vera to help with your move.
Learn More

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides