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Isla Taboga, Panama: Cost of Living, Healthcare, Local Clubs and Activities, Healthcare and What to Know About Living in Isla Taboga | Expat Exchange
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Isla Taboga, Panama

By Joshua Wood, LPC

Last updated on Jun 16, 2024

Summary: Expats, digital nomads and retirees discuss what it is like to live in Isla Taboga, Panama: Cost of living, Finding a home, Meeting People and more.

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 do I need to know about living in Isla Taboga?

When we asked people what advice they would give someone preparing to move to Isla Taboga, they said:

"Expats considering retirement in Isla Taboga should be aware of several key factors. Firstly, the cost of living is generally lower than in many Western countries, but it can vary depending on lifestyle choices. The official language is Spanish, so learning the language or at least basic phrases can be beneficial. Healthcare in Panama is of a high standard, particularly in Panama City, but it's important to secure comprehensive health insurance. The climate is tropical, with a wet and a dry season, and it can be quite humid. Isla Taboga is a small island with a limited number of amenities and services, so for more complex needs, one would need to travel to Panama City. The island is known for its beautiful beaches and nature, offering a peaceful and relaxed lifestyle. Panama uses the US dollar as its currency, which can make financial transitions easier for American retirees. The country has a program called the "Pensionado" which offers numerous discounts and benefits to retirees, but specific requirements must be met to qualify. Panama's residency process is relatively straightforward, but it's recommended to hire a local attorney to navigate the legalities. Lastly, it's important to visit and spend time in Isla Taboga before making the decision to retire there, to ensure it suits your lifestyle and preferences," said one expat who made the move to Isla Taboga.

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What do I need to know before moving to Isla Taboga?

When we asked people what advice they would give someone preparing to move to Isla Taboga, they said:

"Isla Taboga, also known as the "Island of Flowers", is a volcanic island in the Gulf of Panama. It's a popular destination for expats due to its tropical climate, beautiful beaches, and rich history. Before moving to Isla Taboga, it's important to know that the primary language spoken is Spanish. While some locals may speak English, learning Spanish will make daily life and integration into the community much easier. The cost of living on Isla Taboga is relatively low compared to many Western countries. However, it's important to budget for expenses such as rent, groceries, utilities, and healthcare. Healthcare in Panama is generally of a high standard. However, on Isla Taboga, medical facilities are limited. For serious medical conditions, you would need to travel to Panama City. Therefore, it's recommended to have comprehensive health insurance that covers medical evacuation. The island has a slower pace of life, which can be a big adjustment if you're used to living in a bustling city. The local culture values relaxation and spending time with family and friends. Public transportation on Isla Taboga is limited. Most people get around on foot, by bicycle, or by boat. If you plan to travel to the mainland frequently, it's worth considering the cost and logistics of these trips. Isla Taboga has a tropical climate, with high temperatures and humidity year-round. It's important to be prepared for this, particularly if you're not used to such conditions. The island is generally safe, but like anywhere, it's important to take precautions. Be aware of your surroundings, secure your belongings, and avoid isolated areas at night. Finally, it's important to understand the visa and residency requirements for living in Panama. These can be complex, so it's worth seeking advice from a legal professional or expat community," wrote one member in Isla Taboga.

How do I find a place to live in Isla Taboga?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Isla Taboga, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a large house, depending on your needs and financial capabilities. Next, you should research the different neighborhoods on the island to find one that suits your lifestyle and preferences. Some areas might be closer to the beach, while others might be more residential or closer to amenities like shops and restaurants. Once you have a clear idea of what you're looking for, you can start your search. There are several online real estate platforms that list properties for rent or sale in Isla Taboga, such as Encuentra24, Compreoalquile, and Panama Realtor. These websites allow you to filter your search based on location, price, property type, and other factors. In addition to online searches, you might also want to consider hiring a local real estate agent. They can provide valuable insight into the local market, help you negotiate prices, and guide you through the legal process of renting or buying property in Panama. Visiting the island and viewing properties in person is also highly recommended. This allows you to get a feel for the area, inspect the condition of the property, and meet potential landlords or sellers. Finally, once you've found a property you're interested in, you'll need to negotiate the terms of the lease or sale, review the contract carefully, and then sign the agreement. If you're buying a property, you'll also need to arrange for the payment and transfer of ownership. Remember, moving to a new place can be a complex process, so it's important to do your research and seek professional advice if needed," remarked one expat who made the move to Isla Taboga.

What is a typical expat home or apartment like in Isla Taboga?

"Expat homes or apartments in Isla Taboga, are typically located near the beach, offering stunning views of the ocean. They are often designed with a blend of traditional Panamanian and modern styles, featuring open floor plans to allow for natural light and air circulation. The homes usually have two to three bedrooms, a living room, a fully equipped kitchen, and one or two bathrooms. Some homes may also have a balcony or a patio, perfect for outdoor dining or relaxation. The apartments are usually part of a larger complex with shared amenities like a swimming pool, a gym, and a communal garden. Despite being on an island, these homes are equipped with modern conveniences such as air conditioning, internet, and cable TV. The interiors are often decorated with local artwork and crafts, adding a touch of Panamanian culture to the living space," explained one expat living in Isla Taboga, Panama.

What is the average cost of housing in Isla Taboga?

If you are thinking about moving to Isla Taboga, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Isla Taboga can vary greatly depending on the type and location of the property. For a standard home or condo, prices can range from moderately affordable to quite expensive. Luxury properties or those with ocean views can be priced significantly higher. It's recommended to research current real estate listings or consult with a local real estate agent for the most accurate and up-to-date information," wrote one member in Isla Taboga.

How do I meet people in Isla Taboga?

When we asked people living in Isla Taboga about club and activities where newcomers can meet others, they responded:

"Isla Taboga, is a small island with a tight-knit community, and expats often find themselves joining local clubs and participating in community activities to meet people and integrate into the local culture. One popular activity is joining local fishing clubs, where expats can engage with locals and other expats while enjoying the island's rich marine life. Expats also participate in local festivals and events, such as the annual Patron Saint Festival, which is a great way to meet people and experience the local culture. The island's community center often hosts events and activities that are open to everyone, providing another opportunity for expats to socialize and meet new people. Outdoor activities are also popular on the island, with many expats joining local hiking groups or participating in beach clean-ups. These activities not only provide a chance to meet people but also to contribute to the preservation of the island's natural beauty. In addition to joining clubs and participating in community activities, expats often meet people through their daily routines. Simple activities like shopping at the local market, dining at local restaurants, or attending church services can lead to conversations and friendships with both locals and other expats. Finally, volunteering is another way that expats meet people when living in Isla Taboga. Many local organizations and charities welcome the help of expats, and volunteering can be a rewarding way to give back to the community while making new friends," remarked one expat who made the move to Isla Taboga.

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What should I bring when moving to Isla Taboga?

People living in Isla Taboga were asked what three things they wish they had brought and three they wish they had left behind. They wrote:

"When moving to Isla Taboga, you should pack lightweight and breathable clothing due to the tropical climate. Include items such as shorts, t-shirts, and sundresses. Don't forget to pack a good quality sunscreen, a hat, and sunglasses to protect yourself from the sun. Swimwear is a must as the island is known for its beautiful beaches. Also, pack a light jacket or sweater for cooler evenings or unexpected rain showers. Waterproof shoes or sandals would be useful for beach activities and walking around the island. Remember to pack your essential toiletries, but keep in mind that you can also buy them on the island. If you take prescription medication, bring enough to last your stay, as specific medications might not be available. Pack a universal power adapter for your electronic devices as Panama uses type A and B plugs. Also, consider packing a Spanish-English dictionary or phrasebook if you're not fluent in Spanish. Don't forget to bring your passport, driver's license, and other necessary identification. Also, bring copies of important documents like your birth certificate, medical records, and insurance policies. Lastly, pack some entertainment for your downtime, such as books, portable games, or a laptop. If you plan on cooking, you might want to bring some of your favorite spices or condiments that may not be available on the island," said one expat who made the move to Isla Taboga.

Where should I setup a bank account in Isla Taboga?

We asked expats in Isla Taboga what banks they use and there advice about banking. They advised:

"Expats considering retirement in Isla Taboga should be aware of several key factors. Firstly, the cost of living is generally lower than in many Western countries, but it can vary depending on lifestyle choices. The official language is Spanish, so learning the language or at least basic phrases can be beneficial. Healthcare in Panama is of a high standard, particularly in Panama City, but it's important to secure comprehensive health insurance. The country uses the US dollar as its currency, which can make financial transitions easier for American retirees. The climate is tropical, with high temperatures and humidity year-round, which may take some adjustment. The island is small with a population of around 1000 people, so it offers a quiet, relaxed lifestyle but with limited amenities. Panama has a Pensionado program, which offers significant discounts to retirees on a range of services, from medical expenses to entertainment. However, to qualify, you must meet certain income requirements. Property rights are generally well-protected in Panama, and foreign retirees can own property outright. However, it's recommended to hire a local attorney when buying property to ensure all legal procedures are followed correctly. Finally, while Isla Taboga is only a short ferry ride from Panama City, it can feel quite isolated. Therefore, it's important to consider how comfortable you are with living on a small island and how often you might want to travel to the mainland for shopping, healthcare, or social activities," wrote a member in Isla Taboga.

Will I be able to find a job in Isla Taboga?

When we asked people about industries and career opportunities in Isla Taboga, they reponded:

"Foreigners in Isla Taboga often find employment in the tourism industry, working in hotels, restaurants, and tour companies. Some also work as English teachers or in real estate. Others may find opportunities in fishing or boating industries due to the island's location. Additionally, some foreigners may work remotely in various fields such as technology, marketing, or writing," said one expat in Isla Taboga.

What is life like in Isla Taboga?

When we asked people living in Isla Taboga what life is like and how people spend their time, they said:

"Life for expats and digital nomads in Isla Taboga is a unique blend of tranquility and adventure. The island, often referred to as the "Island of Flowers", is a paradise for nature lovers with its lush vegetation, beautiful beaches, and abundant wildlife. The slow pace of life on the island provides a peaceful environment for those looking to escape the hustle and bustle of city life. The local community is welcoming and friendly, making it easy for expats and digital nomads to integrate and make new friends. The island's small size also means that everything is within walking distance, from the local grocery store to the beach. Despite its small size, Isla Taboga has a reliable internet connection, making it a suitable place for digital nomads to work from. There are also several cafes and restaurants where one can work while enjoying the island's scenic views. The cost of living is relatively low compared to other popular expat destinations, making it an attractive option for those on a budget. The local cuisine is a blend of traditional Panamanian dishes and international fare, offering a variety of options for every palate. The island's close proximity to Panama City also means that expats and digital nomads have easy access to the amenities and services of a major city. Regular ferry services make it easy to travel between the island and the city. However, it's worth noting that the island's laid-back lifestyle may not be for everyone. Those seeking a vibrant nightlife or a wide range of cultural activities may find the island's offerings limited. Additionally, while English is widely spoken in Panama, the primary language on Isla Taboga is Spanish, so some knowledge of the language can be beneficial. Overall, life for expats and digital nomads in Isla Taboga offers a unique opportunity to live and work in a tropical paradise, surrounded by natural beauty and a welcoming community," wrote one member in Isla Taboga.

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.

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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 in Isla Taboga appreciate most about the local culture?

"Expats in Isla Taboga, appreciate the warm and welcoming nature of the local people, who are always ready to help and make them feel at home. They love the relaxed pace of life on the island, which is a stark contrast to the hustle and bustle of city life. The rich history and vibrant culture of the island, with its colorful festivals and traditions, are also highly appreciated. Expats enjoy the fresh seafood and local cuisine, which is a blend of Afro-Caribbean, Spanish, and indigenous influences. They also value the natural beauty of the island, with its pristine beaches, lush vegetation, and abundant wildlife. The sense of community on the island is strong, and expats appreciate the opportunity to be part of this close-knit society," wrote one member in Isla Taboga.

What do expats find most challenging?

"Expats in Isla Taboga often find the language barrier to be the most challenging aspect of the local culture, as Spanish is the primary language spoken and not everyone is fluent in English. The slower pace of life, known as "island time", can also be a challenge for those accustomed to a faster, more structured lifestyle. Additionally, the lack of certain amenities and services that they might be used to in their home countries can be difficult to adjust to. The heat and humidity can also be a challenge for those not used to tropical climates. Lastly, understanding and adapting to local customs and etiquette can also pose a challenge for some expats," wrote a member in Isla Taboga.

Is there a lot of crime in Isla Taboga?

We asked people if there is a lot of crime. They answered:

"Isla Taboga, is generally considered a safe destination for tourists and locals alike. The island is known for its peaceful atmosphere and low crime rate. However, like any other place, it is always recommended to take standard precautions to ensure personal safety. Petty crimes like pickpocketing or bag snatching can occur, especially in crowded areas. Violent crime is relatively rare on the island. The local authorities are quite active in maintaining the safety and security of the area," remarked one expat living in Isla Taboga, Panama.

Is there a lot of diversity? Are people in Isla Taboga accepting of differences?

"Isla Taboga, is a small island with a rich history that has contributed to a diverse cultural mix. The island's population is primarily Panamanian, but it also includes people from various other nationalities who have chosen to make it their home. The local community is known for its warm and welcoming nature, often embracing differences and showing acceptance towards people from different backgrounds. The island's diversity is also reflected in its cuisine, traditions, and festivals. However, as with any location, individual experiences may vary," said one expat in Isla Taboga.

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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.

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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.
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What are the schools in Isla Taboga like?

"Isla Taboga is a small island with a population of around 1,000 people. It's primarily known for its beautiful beaches and natural beauty, rather than its educational institutions. As such, it does not have any international or bilingual schools. Those seeking such education would likely need to travel to Panama City, which is about 20 kilometers away and offers a variety of international and bilingual schools," said one expat in Isla Taboga with children at .

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.

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