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.

Get Your Free Report Here

No spam pledge. We value your privacy.

 

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

The Sun-Soaked Shores of the Panama Coast 2011

The Sun-Soaked Shores of the Panama Coast 2012

If your Panama plans call for clear blue waters and long stretches of sandy beach, you’ll be happy to know that there are plenty of places to choose from. After all, most of Panama consists of coastal areas. Plus, unlike in some other countries, Panama allows foreigners to own beach property outright, rather than requiring them to own via trusts or foundations. The Sun-Soaked Shores of the Panama Coast – Dream it, Find it, Live it, details our favorite coastal locales, lifestyle and real estate options.

Panama City: The Ultimate 21st Century City

Panama City: The Ultimate 21st Century City

Panama City is a bustling, vibrant, and exciting metropolis. If you’re looking for inexpensive cosmopolitan living—but with the conveniences you’d expect in New York, Chicago, Miami, or any other major First-World city—you need to take a serious look at Panama City. In Panama City: The Ultimate 21st Century City – Dream it, Find it, Live it, we’ll tell you all about lifestyle alternatives and real estate prices, and give you our insider tips on saving time and money in Panama City.

Why These Retirees Are Happy in Boquete, Panama

Why These Retirees Are Happy in Boquete, Panama

In Boquete, Panama, you want a really good camera. That’s because the mountain views are lavish and rainbows appear nearly every day. Karl and Liz Parker fell for this landscape when they first arrived. Now they live in Panama part of the year, spending the rest of their time traveling or back in the U.S. with family.

How to Find a Reliable Real Estate Agent

When you’re buying a property overseas, it’s good to have help. You want someone who can show you a selection of properties that fit your budget, explain the market’s history, give you price comparisons, and set a fair market value. Someone who will go back and forth with the seller and get you the best possible price. Someone on your side.

Own a Home in an Art City

Panama City $185,000. For the artistically inclined, Panama City is the ultimate new frontier. Nowhere else in the region will you find such an exciting art scene. Galleries sit on nearly every corner, with exhibits and events every day of the week, music festivals, film festivals, and performance art celebrations… poetry readings and book clubs… […]

Big Business Benefits for Panama and the U.S.

Big Business Benefits for Panama and the U.S.

U.S. President Barack Obama recently put the final signature on what some are calling the last major trade agreements of his administration. With a simple signing ceremony, Obama made Panama—along with South Korea and Colombia—one of only 20 countries in the world to have a Free Trade Agreement (FTA) with the U.S.

Panama: Most Business-Friendly Country in the Americas

Panama: Most Business-Friendly Country in the Americas

Panama is the most business-friendly country for expatriates anywhere in the Americas, a major new study in the International Living November issue reveals. When compiling our Business Index 2011, IL’s researchers examined factors such as visa requirements, financing, how easy it is to set up a bank account, local taxes, business expenses, infrastructure and the local business culture in seven business-friendly countries.

Small-town Panamanian Beach Life

Small-town Panamanian Beach Life

Marvin and Joanne Riddle don’t just enjoy “the best of both worlds”…they enjoy the best the whole world has to offer them. The couple spend part of every year in Florida, part of the year living on La Barqueta beach, in Panama’s Chiriquí province, and—when the mood takes them—they travel the world, too.

Where To Start A Business Abroad: Our 7 Top Picks For The Year Ahead

Where to Start a Business Abroad: Our 7 Top Picks for the Year Ahead

It might be a palapa bar on a white-sand beach, deep-sea fishing tours, a restaurant, a surf shop, importing t-bone steaks, teaching English, making cheese, exporting art work…Whatever your idea, there’s a place overseas where you can make it a profitable reality. But readers ask us all the time: Where is best? That’s why we’ve put together International Living’s first-ever Business Index.

Property Picks Dive Destination Homes

Property Picks: Dive Destination Homes

In this month’s Property Picks, we’re highlighting properties next to some of the world’s best dive destinations.

Business Index 2011…What Our Experts Say…

Business Index 2011…What Our Experts Say…

To evaluate our seven countries for our Business Index 2011 we consulted seasoned entrepreneurs who’ve made the move and learned the ropes, as well as worked through in-country attorneys. We asked them about visa requirements, financing, and how easy it was to set up a bank account. They told us about local taxes, business expenses, infrastructure and the local culture for doing business, Here is what they had to say…

Thinking Of A Business Overseas? Here’s What The World Needs

Thinking of a Business Overseas? Here’s What the World Needs

For International Living’s first ever Business Index we asked our in-country correspondents and a host of expat entrepreneurs what opportunities they see around them in their new homes. These gaps in the market include everything from small guesthouses to dog grooming services… read on to spot your opportunity.

The Property Market in Panama

The Property Market in Panama

You couldn’t ask for a better location than Panama City’s popular and central El Cangrejo neighborhood. As an example, a furnished, one-bedroom, 650-square-foot condo with air conditioning recently sold for $82,000. The building has all the amenities you’d want like social area and pool, sauna, party room, and doorman.

An Expat Business in Panama

An Expat Business in Panama

When not behind the counter of his Panama City bagel shop, Jon Hurst makes the most of his adopted home. The Maine native has lived in Panama City for six years, and with easy access to both the Pacific and Caribbean coasts, as well as the country’s magnificent highlands, he’s spoiled for choice.

Colonial Property Bargains in Latin America

Colonial Property Bargains in Latin America

Whenever I travel to any of Latin America’s colonial cities, I can’t help but compare them to my home, the historic Casco Viejo district of Panama City. I’ve lived here for almost five years and I love this neighborhood’s friendly, bohemian vibe and beautiful buildings.

Caribbean Beach Bargains in the Dominican Republic

Caribbean Beach Bargains in the Dominican Republic

Columbus landed in the Dominican Republic in 1492—the same year he “discovered” some of the other Caribbean islands. Like those other islands, the Dominican Republic is ringed by white sand beaches and coconut palms. Unspoiled towns boast stone churches and candy-colored home facades.

Panama: The Best Place to be a Retiree

Panama: The Best Place to be a Retiree

This month, International Living released its Annual Global Retirement Index 2011. To rank our winners this year, we analyzed 37 critical data points for each of our top 23 retirement havens. As usual, Panama is a heavy hitter, taking one of the top 3 spots.

RoadTrips

IL’s Seven Favorite Road Trips

For many folks, the drive down California’s Highway One epitomizes the road trip. The views are glorious. But it’s hardly the only stretch of road that’ll make you stop and stare. That’s why we asked our International Living editors to tell us about their favorite road trips. Here’s the list below, in no particular order of preference.

5DayTrips

Five Day Trips from Panama City: Islands, Islets and White-Sand Beaches

Panama City is a destination itself. You have the canal, one of the seven modern wonders of the world… the historic Casco Viejo neighborhood, a UN World Heritage site… the Smithsonian-affiliated Frank Gehry-designed Bridge of Life Museum… But even the most die-hard city slicker can use an escape on occasion. Here are five worthwhile, easy-to-reach getaways:

ColonialBargins

Colonial Bargains in Latin America — from $115,000

Whenever I travel to any of Latin America’s colonial cities, I can’t help but compare them to my home, the historic Casco Viejo district of Panama City. I’ve lived here for almost five years and I love this neighborhood’s friendly, bohemian vibe and beautiful buildings.

InvestmentSpanish

Investment: Spanish Phone Company Hits the “Sweet Spot”

It’s easy to repeat Warren Buffett’s advice at dinner parties: “Be fearful when others are greedy, and greedy when others are fearful.” It’s harder to follow when it comes to your own portfolio.

ILsBest10

IL’s Best: 10 Cities Where You Can Eat Well

From steaks in Buenos Aires to tapas in Madrid, some cities are worth visiting for the food alone. Below, our writers give their tips and recommendations for eating well in 10 of the world’s culinary capitals. First up is Bangkok. Bangkok’s lower Sukhumvit Road area is an oft-missed foodie’s paradise.

GlobetrotterSept11

Globetrotter: News & Notes from Around the World

Visit Mexico’s Colonial Highlands in festival season, travel through Panama VIP style, avoid airport “naked scanners” and get your checked baggage fee back when your luggage is lost. It’s the latest International Living Globetrotter.

The World’s Best Retirement Haven in 2011

The World’s Best Retirement Haven in 2011

In IL’s annual Global Retirement Index, we rank the top 23 places in the world to retire — and lay out why they make sense — so you can more easily target the destination that’s right for you. The 23 countries are rated out of 100 points in categories such as real estate prices, cost of living, culture, health care, special benefits for retirees, infrastructure, safety/stability and climate.

Adventure Travel in The Darien: A Must-See When You Visit Panama

Adventure Travel in The Darien: A Must-See When You Visit Panama

Imagine yourself surrounded by colossal prehistoric trees. Butterflies the size of your hand flutter by. Ferns threaten to envelop you. All that’s missing is a bloodthirsty Tyrannosaurus Rex. This scene is just the start when you decide on an adventure travel vacation in the Darien, Panama’s “forgotten province.”

Video: Need-to-Know Health Insurance Tips in Panama

Video: Need-to-Know Health Insurance Tips in Panama

International Living Panama editor, Jessica Ramesch, talks to Kevin Bradley of Ducruet, who has been an insurance professional in Panama for decades. In this video, he and his business partner Gonzalo discuss health insurance tips that could save you valuable time and money.

Video Postcard: A Day-Trip in Panama

Video Postcard: A Day-Trip in Panama

In this video, IL Panama editor, Jessica Ramesch, takes you on a day trip around Panama City. You’ll see parts of the city old and new, as well as nearby beaches. Panama is a fascinating combination of the modern and traditional.

The Benefits of Starting a Tourism Business in Panama

The Benefits of Starting a Tourism Business in Panama

If you’re looking to retire or move abroad—but would like to find new ways to make money—you may want to consider getting involved in tourism in Panama. (And even if you’re not looking to work here, you sure can prepare to enjoy the many new and exciting offerings as a tourist in Panama.)

Buy a Panama City Apartment for $50,000

Buy a Panama City Apartment for $50,000

The bargain property market, the one aimed more at locals than at expats, has remained pretty stable. In simple terms: from 2007 to the present, I have had no trouble finding bargain property listings for the under-$150,000 budget.

Your Chance to Retire Overseas Now

Sign up for our free daily Postcard e-letter and we'll immediately send you a FREE RESEARCH REPORT on the most desirable —and cheapest— retirement havens available to you today.

Each day you'll learn about the best places to retire, travel, buy real estate and enjoy life overseas.

Enter your E-mail Address Below



We Value Your Privacy.