Menu

Free 200+ Page eBook

Top 57 Places to Live & Invest in the Tropics

Quickly find out which country is right for you.
No-hype updates & resource guides. No Spam. Ever.
Limited offer. Instant Download.

Join More than 58,187 people who are breaking free


we value your privacy

5 Reasons to Become an Expat in Boquete, Panama

Expat in Boquete Panama

Panama is a smart choice for expats who want it all—in a country that really wants them. Located in the interior of Panama, Boquete is popular with the expat crowd, who enjoy a close proximity to pristine beaches and the growing city of David, along with expansive mountain views, and an affordable cost of living.

Here are five good reasons you will want to become an expat in Boquete.

1. Panama’s Friendly Retiree Residency Program

Most notably, Panama lures expats with one of the world’s best retiree residency programs. The Pensionado or Pensioners’ Program makes it easy for retirees to get residency here. The potential value for a pensioner on a budget is huge, as Panama offers a host of discounts to all its retirees. The long list of discounts includes reduced fares on movies, theaters, sporting events and other public events; discounts off transportation, hotels, even electric and other utilities, and much more.

Legal and application fees for the Pensionado visa are relatively inexpensive, particularly when compared to the money-saving benefits. Plus, the Pensionado program awards residency for life.

2. Panama is a Top-Rated Retirement Destination

Boquete is known for its expat community. Rated by the AARP as one of the world’s best retirement destinations, Boquete first began to attract an expat crowd in early 2001 and has continued to grow into a viable expat community. An hour’s flight from the nation’s capital of Panama City, Boquete is dotted with small cottages, one after another… Swiss-style cabins with magenta and coral bougainvillea spilling over their walls. No wonder Boquete is known as Panama’s flower capital.

3. Boquete Offers Stress-Free Living

Expats in Boquete will tell you their health has improved… not because they’ve done anything special, but because the place lends itself to healthy living. It’s easier to walk here than to drive. Everything is close and everyone is on foot.

There aren’t fast-food joints on every corner. But the market carries fresh ahi-grade tuna and sea bass and shrimp every day. And they’re a mere fraction of the price you’d pay back home. Baked with juicy tomatoes or slices of fat Boquete oranges, dinner for four will run you about $10.

You’ll meet painters and photographers and jewelry-makers here. The expat community has helped infuse Boquete with the arts. This quiet village now has a yearly jazz festival and an English-language theater troupe.

4. Take Up an Outdoor Activity

There’s much to do for lovers of the great outdoors, too. Boquete is the kind of place where you can go white-water rafting or hiking or birding…every day. You can have your own farm and livestock… grow rare orchids and bromeliads… pick limes and bananas from your very own trees. The land is rich and fertile, the climate is perfect. You can can even bird watch from the comfort of your home.

True, Boquete is known for its misty rain— called bajareque—as much as for its coffee and orchids. You can’t have one without the other. During the rainy season, from May through November, there will be afternoon showers… or downpours. But you see the sun most every morning.

Hummingbird

Miniature humming birds of Boquete

5. The Cost of Living Is Low in Boquete

Panama ranked 8th on The Worldwide Cost of Living Survey, which is released twice a year by the EIU and compares hundreds of prices across 160 products and services, including items such as food, drink, rentals, utility bills, schooling costs, and household supplies. If you decide to buy a home in Panama, it is possible to live well, on less. Just be forewarned, if you bring along a lavish U.S. lifestyle to Boquete, your cost of living might be higher than you might expect. However, if you are willing to eat like a local, you can dine out for $4, get a glass of wine for $3, and enjoy an abundance of fresh fruits and vegetables for $10 a week.

Here, paradise comes at a price…but it’s a bit more economical.

Up Next

Best Place to Live in the World: Power Rankings

The best place to live in the world? Our Power Rankings report will shed some light on how the Latin Tropics stack up against the competition. (Read It)

Central America's Best Real Estate Buy

Don't miss this up and commer. It has the tropical lifestyle, stunning beauty, and smokin appreciation potential. (Read It)

Start Using Your IRA to Invest Overseas

Disappointed in your IRAs past performance? Find out how you can invest in real estate to improve your returns and better your retirement prospects. (Read It)
playa-herradura-01

What Makes Playa Herradura, Costa Rica Different From its Neighbors

Costa Rica is the land many associate with delicious coffee, friendly people, and a dense, healthy rainforest.  But it's also now home to a large number of North American expats.  Why, you might ask, is …

(Read It)
san-cristobal-de-las-casas-01

3 Things You Need to Know About San Cristobal de las Casas, Mexico

San Cristobal de las Casas, Mexico may just be one of the best kept secrets among top locations for expats and investors today. Located in the central highlands state of Chiapas, in southern Mexico, this …

(Read It)
playa-del-carmen-mexico-03

6 Tips for Living in Playa del Carmen, Mexico

Playa del Carmen, Mexico has become a favorite destination for expats seeking a Eurocentric atmosphere on the shores of the Caribbean. The strong European, Canadian, and Argentinean influences of this beachside location have made it …

(Read It)
canoa ecuador

One Thing Every Newbie Must Understand About Canoa, Ecuador

Canoa, Ecuador is not the first place expats might consider when thinking of a tropical destination. However, this beachfront community is poised to become part of Ecuador’s “Gold Coast” along with the neighboring villages of …

(Read It)
costa rica

Don't Leave for Your Costa Rica Scouting Trip without THIS Guide

If you're considering relocating to or investing in Costa Rica, then an important step we recommend is taking an extended trip, as long as possible, to explore the area and everything it has to offer. Sure …

(Read It)
costa rica ecuador panama price comparision

Pricing Paradise: Comparing the Cost of Living in Costa Rica, Panama & Ecuador

Perhaps the most important question for expats considering a move to Latin America is:  What is the cost of living? The differences in prices for basics, such as food, utilities, and rent, can often be …

(Read It)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Hot Real Estate Offer

Real Estate In The Area

Boquete
Panama
This small hotel has * 7 2-storey cabins, 6 with one bedroom and bathroom upstairs, 2 sofa beds, a bathroom, a dining room, kitchenette and a private terrace wi...
For Sale
9 beds
17 bath
Land Size:0 acres
Building Size:10,269 sq.ft.
$400,000
Boquete
Panama
Outstanding Commercial Property Downtown Boquete Best location AND best value in Bajo Boquete!! This is the only property of its type and size in downtown Boque...
For Sale
Land Size:2 acres
$1,190,000
Boquete
Panama
This property is located on the new main highway going up to Boquete located in a prime location to gaurantee returns on your investment.  You can do many proje...
For Sale
Land Size:20 acres
$2,400,000
See All Listings In The Area
Free Tropical Toolkit
Free 200+ Page Report: Top 57 Places to Live & Invest
  • The only book in the world that ranks investment and lifestyle in one place.
  • Over 200 information packed pages with hundreds of beautiful photos.
  • Download the book instantly (for free!) with this limited time offer.
*We value your privacy. No spam. Period.