Panama

Panama

Right Now Could be the Best Time to Come to Panama…the Hub of the Americas.

 

Panama has long been the prime choice for retirees, second-home buyers, and property investors alike. Today you can still find apartments in sought-after areas of Panama City for $92,000 and live well on $2,000 per month. Learn more about Panama and other countries in our daily postcard e-letter. Simply enter your email address below and we’ll send you a FREE REPORT — Panama: First World Convenience at Third World Prices.

This special guide covers insider advice on real estate, retirement and more in Panama. It’s yours free when you sign up for our IL postcards below.

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Fast Facts About Panama

Panama
  • Population: 3,559,408
  • Capital City: Panama City
  • Climate: Tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
  • Time Zone: GMT-5
  • Language: Spanish (official), English 14%; (many Panamanians are bilingual)
  • Country Code: 507
  • Coastline: 2,490 km

Archives

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Vietnam’s Ha Long Bay by Sea Plane, Colombia’s Whales and Much More…

Affectionately nicknamed the “Rose of the North,” Chiang Mai is Thailand’s charmer; a laidback, yet vibrant, university city famous for its many Buddhist temples, culture and good food. The warm climate, low costs and excellent, modern infrastructure have attracted expats in big numbers, and that includes thousands of retirees from all over the world.

A Big Question About Living Overseas

“Won’t you miss your family and friends if you move overseas?” That’s a question we at IL get asked a lot, and the answer is… “Of course you will.” It’s something my husband Dan and I have experience of. We didn’t think about it too much when we moved to Ecuador back in 2001. With the exception of Dan’s mother, none of our family—my parents and our siblings—lived in the same city as we did.

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The World’s Healthiest Places to Live in 2014

Optimism and purpose, a low stress level, a natural diet and an active lifestyle…experts say those factors are three times as important as your genetic makeup when it comes to enjoying a long and healthy life. Luckily, it’s easy to embrace those elements when you’re living in a place where they come naturally. And they do in our top picks for the world’s healthiest places to live.

panama-city

Retired and Bored: Panama May Not Meet Your Expectations

As International Living’s Panama Editor, I travel several times a year to speak at conferences. Often the image people have is of a country with pretty beaches, plenty of palm trees…and not much else. One of the questions I get most is: “Will I be bored there?” If you’re expecting to take it easy and have a quiet retirement, you may want to think again. Bluntly speaking, it’s nearly impossible to be bored or even inactive here.

Expats Enjoy a Sailing Retirement in the Med, Latin America and Asia from $1,000 a Month

“Plenty of everyday people are choosing to live on the water full-time—in their retirement,” says InternationalLiving.com editor Jason Holland, author of the publication’s new report. “After a bit of training and hands-on experience at home, they’re tying up beside mega-yachts in the Mediterranean, finding large floating communities of like-minded expat sailors in the Caribbean, and island hopping in the Gulf of Thailand, heading wherever their fancy takes them.”

10 Reasons to Live in Panama

With a tropical climate, excellent quality health care, and a low cost of living…there are many reasons why Panama is a great place to live. Panama has been named the best country in the world to retire to in International Living’s 2014 Annual Global Retirement Index. This is not a new revelation as Panama has topped the pole an astounding seven times. It also boasts the benefits of being a short flight away from the U.S. and the U.S. dollar is the official currency in Panama.

In Pictures: The Best Mountain Towns in Panama

Despite being in the tropics, Panama boasts several towns located in the highlands that defy the heat. The mountains are small—not like the Alps or the Andes—but their elevation is enough to alter the climate from hot and muggy to cool and refreshing, which is why these locations are so appealing.

China’s Appetite for Foreign Food

China is changing. That much we all know. And in the last few years a major shift has been in people’s diet. Spurred on by improved incomes, the growing Chinese middle class has developed a hunger for western-style foods—that means more meat and dairy.

Winter Has Finally Hit Panama City…

Mangoes are falling, ripe, to the ground. A light breeze flutters through the fruit-laden trees, and a yellow tanager takes flight. A couple passes me, wearing tank tops and shorts. I’m at one of Panama City’s many parks, thinking life just doesn’t get much better than this. It’s warm, the sun is shining, and everything around me is dripping in rainforest green.

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A U.S.-Style Sports Bar in Las Tablas, Panama

“Why is life better here? Well it’s warmer, I don’t shovel snow, I buy beer for under $1, I’m 10 minutes from a beach, and I play softball all year round,” says expat Jim Thomas. Jim lives in Las Tablas, a small town that serves as capital of Panama’s Los Santos province, heartland of the country’s Spanish-colonial heritage.

Pacific-Coast Buys for a Fraction of the U.S. Price

Warm and sunny days…beautiful people lounging on the sand as surfers vie for choice waves… palm tree-lined boardwalks in picturesque beachside towns, dramatic craggy cliffs…the California coast has certainly captured the popular imagination. No wonder; it’s one of the most pleasant places in the world to live. But on the flip side, it also has some of the most expensive real estate in the world and a high cost of living.

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Our Great Life in Panama

We enjoy a busy social life here in Las Tablas, Panama. That’s partly because eating out is so inexpensive. We indulge several times a week and it’s easy for friends to join us. Dinner for the two of us averages about $15, and lunch can be as little as $2.50 apiece for the menú del día, which includes a soup, the main dish, and a beverage.

Endless Opportunity in Easy-Going Panama

Oklahoma…Montana…Minnesota…Chile. Neil Sander has lived in numerous destinations, been involved in countless projects, and has had a plethora of careers…but since arriving in Panama in 2004 he has had no desire to live anywhere else. He was approached to move to this beautiful Central American country and supervise the designing and building of a retirement housing development in a virtually uninhabited area of Bocas del Toro.

A Wilder Retirement in Panama

Picture this: You’re sitting with an iced glass of banana/mango/papaya smoothie in your hand, in a comfy chair on the terrace. A slight breeze tickles your skin as you enjoy a symphony of birdsong, the chirping of geckos on the walls, and iguanas nibbling the grass in the yard in front of you. You might even see a giant green leaf bug perched on the chaise lounge.

Get Paid to Spend Time on a Beautiful Beach

If you like easy-going people…a chilled environment…a warm climate…and an income of up to $5,000 a month, then owning a beach bar might be just the lifestyle career for you. After all, if your customers are predominantly tourists, they are at their most relaxed and happy when they come into your place. And the profits from serving them can be considerable.

Business on the Beach in Coronado, Panama

Claire Ross had a great idea…no experience…and a small investment. It was all she needed to set up a bar in the beach town of Coronado in Panama. “When I first moved here, there was nowhere to hang out and meet people if you were single or new in town.” With new arrivals trickling in, Claire wanted to create a space where everyone would feel comfortable and embraced.

A Boating Adventure on the Panama Canal

Slowly the walls rise above us, hemming us in as our vessel sinks into the depths. Barn-sized doors of riveted steel loom above us as valves open and siphon the water away. With a clank, the doors crack open, widening to reveal another chamber. We sail in, feeling as though we’re in a gigantic bathtub…

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How We Stopped the Financial Bleeding and Found a Great Life in Panama

My husband Mark and I live around 10-minutes’ drive away from several beaches. On weekdays we can let the dogs run loose, as we have the beach to ourselves. Mark, an avid cyclist, rides with a group of locals several times a week. Twice a week I go to the nearby pool for aqua aerobics and gossip.

Chiriquí, Panama: Your Perfect Climate Awaits

One of the most common bits of advice given to those considering a move overseas is “Rent before you buy!” In Chiriquí Province of western Panama, where I live, there’s a very good reason to follow this advice…and it all has to do with the climate. You may be surprised to learn that this small area of a small country has quite a number of micro-climates.

Surviving My Teens As An Expat Child in Panama

When I was 14, my parents informed my sister Jacquelyn and me that we would be moving to Panama, where my dad was planning to take advantage of opportunities in property development. Back then, we lived in Roswell, Georgia, and I was your average braces-wearing pre-teen, with big plans to enroll in the local magnet high school, where I’d become an artist or actress of distinction. If we were going to move anywhere, I would’ve preferred it to be England, as acquiring a British accent was then a major life goal. So Panama proved quite the bombshell.

The Best of Beach Living in Los Santos, Panama

The Best of Beach Living in Los Santos, Panama

It’s a lifestyle that’s waiting for you in Panama’s Los Santos province. Beaches here come in all shapes and sizes, but each is unspoiled and often deserted. These perfect stretches of sand and the warm waters that lap them are what draw most foreign folks to the region.

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Find Your Sea Legs with an Affordable Boating Retirement

You’ve just weighed anchor on another night of bliss, lulled to sleep by the gentle rocking of your sailboat in the calm sea. Before you is a small cove lined by craggy cliffs. Clear blue waters end at a white-sand beach. You’ve had it all to yourself for the last week. It was supposed to be just an overnight stop. But it was so beautiful, you decided to stick around. After a quick dip, you’re enjoying a cup of coffee and a light breakfast on deck as you contemplate which island paradise you’ll go to next.

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Part-Time Farming in Panama’s Highlands

Growing up in a small farming community in Nebraska, I had always been interested in growing food,” says Ron Miller. “And when I was older, I saw a display of how food would be grown in the future and fish would be farmed. That inspired a vision of what it would be like to grow veggies and raise tilapia fish.”

Panama

A B&B in Panama City’s Leafy Ancon District

Though they’re one busy couple, Mieke and Bill Hamilton do their best to get out there and enjoy all Panama has to offer. “That’s what we’re here for,” says Bill. “We love it and we plan to stay, even after we retire.” Though in their 60s and already retired from previous careers, the Hamiltons decided to take a stab at running the Balboa Inn, a bed and breakfast in Panama City.

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I Moved to Costa Rica But Kept My U.S Income

Michael Crowther has been working for the same company for years now. Last year he was able to persuade his employer to let him keep his job…but work remotely from Costa Rica. Now every weekend is an adventure in a tropical paradise. In the past month, the family went zip-lining in Manuel Antonio on the central Pacific coast…peered into the crater of Poas Volcano…sat in the hot springs in the shadow of the Arenal Volcano…and went snorkeling in Bocas del Toro, Panama.

A Swiss-Style Mountain Town…Just 40 Minutes From Panama City

A Swiss-Style Mountain Town…Just 40 Minutes From Panama City

“What are you doing tomorrow?” That’s how the best weekends start in Panama. Last-minute invitations are never considered rude. And I’ve learned they should always be accepted…especially if you want to explore the country. So the next thing I knew, I was piling into a pickup truck with two local friends and heading to the little mountain town of Cerro Azul.

We Have a Beach Lifestyle on Our Doorstep in Panama - For $2,000 a Month

We Have a Beach Lifestyle on Our Doorstep in Panama – For $2,000 a Month

To me, there’s something almost magical about the beach. From the peaceful sounds of the surf breaking against the shore to the squawking of the gulls high above, it conjures up visions of simpler times when the only worry in the world was whether or not the water would wash away our sand castle.

Here's One Reason Why Expats in Panama Are Healthier...

Here’s One Reason Why Expats in Panama Are Healthier…

My husband Gary and I spent a long time researching all of our options for living overseas. We considered a range of countries during our search, including Belize, Argentina, and Uruguay… But as we researched, one country emerged more and more as a clear winner: Panama.

Five Popular Beach Towns in Panama

Five Popular Beach Towns in Panama

Panama has much to offer, from mountain havens boasting year-round mild temperatures to colonial towns where the traditions of grand old Spain have shaped and enriched the local culture. But it’s Panama’s sunny beaches that get the most attention…and with good reason.

With a portable income you can earn anywhere...from a high-rise in Panama City to a jungle paradise in Costa Rica.

Building Your Successful, Portable Income

Living or travelling abroad for extended periods of time is something most only dream of…and for good reason. It certainly was for me seven years ago. However as I write this, I am sitting in a high-rise in Panama, having just arrived from six weeks of sunshine and warm weather on the Pacific coast of Mexico.

Your basic computer skills could help you to be anywhere...a beach in Panama, a coffee shop in Italy...even a fishing village in Ireland.

Discover How to Make Your Skills Pay in the Digital World

Recently, I attended a conference in a college which was introduced by a seasoned media veteran. He acknowledged the advances in technology by describing the whiz-kid students in the audience as “natives of the digital world” while he described his own generation as “digital tourists.”

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Honestly: This Is How Much It Costs to Live in Panama City

My first year in Panama City, I started my mornings with a $0.15 cup of strong, dark coffee. (That’s how the locals drink it, and the only way it’s made at food stalls.) I would also usually buy a little bag of corn fritters, or torrejas de maiz, for $0.25. Very greasy and very tasty.

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Here’s One Reason Why Expats in Panama Are Healthier…

My husband Gary and I spent a long time researching all of our options for living overseas. We considered a range of countries during our search, including Belize, Argentina, and Uruguay… But as we researched, one country emerged more and more as a clear winner: Panama.

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Las Tablas: Low-Cost Living Near Panama’s Secret Beaches

The capital of the Los Santos province, Las Tablas is in the heart of Panama—the provincias centrales or “central provinces.” And in an area known for its traditions and folklore, Las Tablas is as Panamanian as it gets.
A small colonial town with a big party reputation, Las Tablas is considered Carnival Central by fun-loving locals.

Whether you want an oceanfront condo or a house to rent or buy...Coronado has options.

We Have a Beach Lifestyle on Our Doorstep in Panama – For $2,000 a Month

To me, there’s something almost magical about the beach. From the peaceful sounds of the surf breaking against the shore to the squawking of the gulls high above, it conjures up visions of simpler times when the only worry in the world was whether or not the water would wash away our sand castle.

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Discover One of Panama’s Most Affordable Highland Towns

Whenever my husband and I have guests who visit us, we make sure to take them to the highland town of Volcan, in the Chiriqui Province in western Panama. Named for Baru Volcano, the only volcano and the highest peak in Panama—reaching 11,480 feet—Volcan is a pleasure to travel to. The drive from our home in the city of David involves driving past some stunning scenery.

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Los Santos, Panama: Low Costs, Pristine Beaches, and Spanish Heritage

What if you were sitting in the shade of a palm tree looking out at coral white sands on a tropical island? Yesterday, you were learning to paddleboard from a hidden cove, and tomorrow you’ll explore surfing spots farther up the mainland coast. Tonight you’ll choose from French cuisine, Italian pasta, or feast on fresh-caught tuna while watching the game at Smileys bar.

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How the “Three Pillars of Panama” Will Make Your Move Easier…

After an International Living conference, heads are swimming… That’s because we err on the side of information overload when giving presentations to our attendees. It’s a mixed blessing—nobody wants too little information, but then again, the human brain can only absorb so much so fast. This latest Fast Track Panama Conference was no exception, but three things stood out for me as I emceed the event in Panama City this week.

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We Spent a Year Exploring Latin America to Find Our Ideal Retirement Haven

During our months of preparation, we set about determining the criteria we needed to choose a location. The criteria we chose for ourselves initially were: a good health care system at a much lower cost; a stable government; not wanting a car, a walkable location with a good transportation system; good infrastructure; a Spanish-speaking country because Mike already spoke some but wanted to become proficient; a warm climate year round; and, of course, a lower cost of living.

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