When it comes to choosing a tropical destination to call home, it’s important to know that they aren’t all created equal. It’s also important to know that just because one person or one publication loves a certain country or city, that doesn’t mean that everyone will or that YOU will.
That being said, there are a few places that stand out heads above the rest in terms of lifestyle, atmosphere, and quality of life.
Bridget Shirvell
We ranked cities all across Latin America in areas such as cost of living, quality of life, and potential for real estate appreciation. And we’re dying to tell you more about the three cities that blew all the others out of the water in those and other categories.
And, while not every single person on the planet would be happy in one of these three destinations, they’re hands down the top places where most people would be happy living in the tropics.
Here they are!
Zhu
1. Nosara, Costa Rica
There is no place on earth quite as remarkable as Costa Rica, with its unparalleled natural beauty, friendly population, and laid-back lifestyle. Its residents are among the happiest people on the planet, and there are some obvious reasons for that.
There’s also no place in Costa Rica quite as fantastic as Nosara. It was initially established as a planned community by a North American developer. It got started on the right track and has continued to follow that original plan.
Today, it’s a tropical paradise with a first world design. There are banks, grocery stores, medical clinics, and fitness centers. Yet, due to zoning regulations, there aren’t any high-rise condos to block your view of the pristine coastline and magnificent sunsets.
The town also has numerous conservation and beautification initiatives, so it’s one of the cleanest cities you’ll find in the tropics. There’s regular trash collection, clean water, and reliable utilities.
It’s a health conscious town, and most residents regularly enjoy activities such as surfing, yoga, stand-up paddleboarding, soccer, tennis, and other sports. There are organic grocers, smoothie stands, and other healthy consumer options. There’s also plenty of nature to help rejuvenate your mind and body.
Great for Singles, Even Better for Families
Not only is Nosara a great place to live, it’s also the perfect place to raise a family abroad. There’s a large established expat community and a lot of English speakers, which makes for an easy transition. There are several bilingual schools, as well as plenty of organized sports and activities for children to enjoy.
Nosara is also an incredibly safe town. Crime is low, and there’s not much of a party scene or drug culture like you might find in other tropical beach towns. Everyone looks out for each other, and there’s a great sense of community.
While not the cheapest city to live or buy property in the tropics, Nosara offers tremendous bang for your buck. And even though it’s already a well-established town, there’s still room for appreciation and growth. As investors, we hope to be a part of where Nosara is headed.
Eric Hunt
2. Cuenca, Ecuador
You’ve probably heard a lot about Ecuador, and more specifically Cuenca, being a great place to live or retire because it’s cheap. Well, we think that’s a horrible reason on which to base such an important decision.
Yes, Ecuador enjoys a lower cost of living than many of its Latin neighbors, but there are so many better reasons to love this country and city. Here they are.
First of all, the climate is ideal. The temperature most days is in the high 60s to low 70s. It gets cooler at night, sometimes dropping into the high 40s. You only need one wardrobe for the whole year, plus a sweater or light jacket for evenings.
There’s a rainy season that runs from January to May. The rest of the year, all you’ll see is an occasional afternoon shower, perfect for a nap or some time with a good book.
Small Town Atmosphere, Big City Amenities
Also, for a fairly large city (roughly 330,000 people), it has a quaint small town feel. The colonial architecture is stunning, the people are friendly, and the carts of local farmers and craft vendors make walking the city streets a pleasant experience.
Yet despite Cuenca’s charming ambiance, there’s no shortage of big city amenities. There are internet cafes, boutiques, entertainment options, and any professional service you can think of.
What’s probably most notable about Cuenca is the incredibly diverse culture, both native and foreign. Cuenca is home to several large universities, and the zeal for learning and experiencing new things radiates through the city. There are numerous museums, free concerts, and local artists that further establish Cuenca as an important cultural hub.
Though not dirt cheap like many areas in Ecuador, Cuenca is a very affordable place to live. It has a large, growing expat community and numerous expat-friendly businesses. Health care is good. Education is emphasized. It’s a great fit for expats of pretty much any demographic.
Flickr
3. Boquete, Panama
Panama, and especially Boquete, has been the darling of the international retirement scene for a while now. Not only does it have natural beauty, a great climate, and first world amenities, it also offers some of the best retirement benefits of any country in the world.
Retirees of any age can save on everything from healthcare to transportation to entertainment to utilities. And with tons of visa options, obtaining residency in Panama is about as simple a process as is possible in Latin America.
But enough about the boring stuff, what’s truly amazing about Boquete is the scenery and all the incredible opportunities to experience nature in the surrounding areas. Boquete has been dubbed both the “Land of Eternal Springtime” and the “Valley of Flowers,” and it easily lives up to both of those monikers.
At 3,900 feet above sea level, it enjoys a moderate climate with warm days and cool nights. Its location offers sweeping vistas of the surrounding valleys. And its fertile soil makes it the perfect place to grow fresh fruits and vegetables year round, as well as a variety of flowers. Its orchid fair held each March is an international event.
The Pace of Life Is Slow, but You Don’t Have to Be
The surrounding mountains offer opportunities for hiking, bird watching, white water rafting, zip lining through the cloud forests, or exploring local organic coffee farms. After a day packed with activity, the nearby Caldera hot springs are a great place to relax and rejuvenate.
Thanks to a longstanding expat presence, Boquete has most amenities you’d expect to find in an established first world city. English is widely spoken. Phone and internet service are top-notch.
Boquete is a more expensive mountain option than Cuenca, yet still affordable by North American standards. Its expat population is still growing steadily, thanks to much media hype in recent years. That’s likely to continue for years to come.
Panama Travel
What About the Other 54?
These are the three tropical destinations we feel will appeal to the largest number of people. However, there are still 54 other amazing places you need to know about. It is possible you might love the sound of one of those even more than the three we just described. Download our free eBook and find out!
Coronado Panama has grown from the vision of its founder, the real estate entrepreneur Bob Eisenmann, to one of the most popular expat destinations in Latin America. The established infrastructure, solid reputation, and modern amenities that can be found in Coronado continue to be a magnet for expat retirees and investors looking for a Pacific paradise.
The Coronado region, as a whole, encompasses a number of smaller, rustic villages and barrios as well as the main community. The desirability of the area continues to drive the real estate market and provide several attractive options for turnkey properties and lots for development.
Yming
An Investment in Coronado, Panama Can Be Life-Changing
Coronado Panama is unique among other Pacific coast locations throughout Latin America in that it was planned and developed specifically to be a high-rise condominium community with modern resort amenities. As a result, Coronado has a well-established expat community that continues to attract new arrivals seeking investment potential and places to live or retire.
One of the biggest initial concerns that many had was the distance between Coronado and Panama City. The completion of the Pan American Highway has now made the connection between Panama’s capital and the beaches at Coronado an easy one-hour drive.
Unique Climate and Geography
Coronado, Panama is gifted with a rare meteorological and ecological aspect. Located in the “dry arch,” or arco seco region, less rainfall occurs here than in the rest of the country. Combined with the savannah-like geography, it is not surprising that the area became known as one of the earliest examples of planned agrarian culture in the Americas.
The earliest Spanish settlers recognized the potential of this land with the result that three major estates were created between 1691 and 1693. These estates would, ultimately, form the basis for the real estate registry in the region. As a result, Coronado and the entire region of Llanos del Chirú (to which it belongs) became an important part of the growth of Panama as a whole.
Just as in the Colonial era, the favorable climate and geography make living and developing here highly desirable. The established resort communities on the coast are a strong support structure for the new projects that are in the planning stage or are already underway.
Modern Convenience, Easy Access, and English Speakers
Getting to Coronado has never been easier. The Tocumen International Airport has regularly scheduled flights from many U.S. cities and arranging transfers to Coronado and the resorts is a convenient matter. Once there, new arrivals will be surprised by the modern conveniences that the community has. Shopping options, high-end restaurants and even a modern mall can meet just about every expat desire.
One of the most important features of this area is the number of established English-speaking expats who call Coronado, Panama home. Being able to communicate without finding someone to translate is a value added feature of life in this area.
Panama Wants You
Panama’s aggressive stance to attract foreign investors and expats looking for a new opportunity has resulted in a number of favorable changes to residency laws. Additionally, retirees qualify for many discounts on everything from entertainment to travel.
The tax benefits for foreign investors are also significant. For properties whose value is $100,000 or less, taxes are exempt for 15 years; between $100,000 and $250,000, ten years and, for values above $250,000, five years. Not having to pay taxes for an extended period makes the prospect of building your own Pacific paradise that much more appealing.
Roberto Moreno
Buying to Invest or to Live – Many Opportunities Exist
The Coronado area goes beyond the principal resort and includes many of the small villages and farms along a 50-mile stretch of Pacific coastline. Finding development opportunities is an easy proposition as the demand for new residences continues to grow.
For those who desire a turnkey home that could double as both a vacation residence and rental income property, there are a number of options available both in the Coronado Beach and Golf Resort, as well as other communities that have sprung up in the region. The wealth of modern amenities makes for a terrific selling point that is only enhanced by the stunning black and white sand beach, a vista that is hard to duplicate elsewhere.
Price points are dependent on the size of the residence, the amenities, and, of course, the location. For example, rental rates can run the gamut from $700 per month to upwards of $3000. With that kind of range, life in Coronado can fit almost every budget.
Not everyone is interested in resort-style living. For those, the surrounding fishing villages and smaller towns offer the ability to immerse oneself in a more rustic lifestyle. Accordingly, prices for homes and lots in these areas are more affordable than the higher-end residences in the resort communities.
Adventurers desiring to follow in Eisenmann’s footsteps will find a large selection of lots that can be purchased for immediate development or held onto as part of an investment portfolio. The Coronado area has rebounded nicely from the financial crisis of 2008 with the result being that property values are steadily climbing, but still affordable.
Panama Lens
Changing Your Life Can Be Priceless
Bob Eisenmann’s vision could be summarized in what is widely regarded as his last wish for his dream project: “Creating from the heart, no matter what the cost.”
Embracing Coronado Panama as a place to form your future can present the opportunity to rediscover the magic of building a new life. Begin this quest by visiting Coronado; explore the region and see for yourself why living here is truly a matter of the heart.
Due to its location as the southernmost country in Central America, Panama has a unique, tropical climate. While many might expect the weather to be hot and sunny all the time, due to the country’s proximity to the equator, that’s not actually the case.
Panama does experience “seasons” just like the rest of the world. They’re just a little different than what most North Americans are used to. It’s also important to note that you can easily adjust the temperature and humidity, merely by moving to a slightly higher (or lower) altitude.
Here are eight photos that can help me explain a little bit more about the Panama climate.
It is very wet.
Natalia Perez Pabon
Panama gets a lot of rain. Especially during the “wet” season, which is generally April through December. It starts with frequent afternoon showers in May and then culminates in November with torrential downpours that can last for days. The rain falls much heavier on the Caribbean Coast, which can see twice as much rainfall as the cities on the Pacific Coast.
Also, while there is the occasional thunderstorm, Panama is outside the hurricane belt and therefore experiences few natural disasters.
And it can get really hot.
Marissa Strniste
Be warned. When the rain stops, the sun comes out. That means you can go from being cool and wet to being hot and humid in a matter of an hour. Again, temperatures on the Pacific Coast are a bit milder than on the Caribbean Coast.
Although sometimes it is just warm.
Kent MacElwee
Most expats would agree that the best days are those during the changing of the seasons. A cool breeze off the ocean means it is the perfect temperature most of the day. The rainfall is manageable. Those are the days when you should drop everything, grab a book, find a rancho, and spend your day in splendor.
And, on those rare days, it is dry.
Marce Sánchez
Dry days might be few and far between during the rainy season, but they do exist. When they do come along, they’re the perfect opportunity to lie in a hammock on the beach in a spot that might be too humid under normal circumstances.
And even cool.
F Delventhal
You might be surprised to know that there are some spots in Panama that can get surprisingly cool, particularly in the higher elevations. If you aren’t a fan of the heat and humidity, you might find your ideal destination somewhere in Panama’s beautiful mountain communities.
It can be damp.
Ken Mayer
Even though the official rainy season is April through December, showers are not at all uncommon year-round in Panama. People who live in mountain communities seem to be less bothered by the wetness, as the humidity is much less noticeable in the much cooler higher elevations.
As well as sunny.
Micheal Moink
When it isn’t raining, Panama gets more than its share of sunshine. Especially during the dry season, January through early April. During the dry season the capital, Panama City, might enjoy a low of 75 degrees Fahrenheit and a high of 86 degrees. Regardless, the temperature rarely exceeds 90 for more than a short time.
But those are the best days to go house hunting in Panama!
But, most importantly, it is spectacular!
descubriendoelmundo
What will tomorrow bring?
Attempting to forecast day-to-day weather in Panama is a virtual waste of time. Why? Because there is always a 90% chance that it will be hot and sunny during the dry season, and hot and humid with about a 40 to 50% chance of afternoon thunderstorms during the rainy season.
It doesn’t take a meteorologist to predict that!
Which Panama climate do you like best? Leave us a comment below about your favorite Panama climate!
Panama has been a major player on the overseas retirement scene for a few decades. With its top notch infrastructure, incredible natural beauty, and attractive visa options, it’s a natural standout.
But with so much media attention and renewed interest in the area, it’s also become quite pricey. In many cases, the price of real estate and consumer goods rivals or even exceeds that of other trailblazing destinations in the region like Mexico and Costa Rica.
Emerging Terrains
Panama’s Last Accessible Frontier
However, before you rule out Panama in your search for the perfect expat destination, there’s one other place I think you should consider.
It’s an otherworldly landscape that’s still relatively accessible (and becoming more so with each passing month). It’s perfect for those who love nature, adventure, and the incredible Pacific Ocean with all it has to offer.
And, though this area is definitely poised for some serious growth in the coming years, at present it’s still one of those places where you can score those rock-bottom real estate deals that you thought didn’t really exist anymore in Panama.
Are you dying to know what this top secret destination is? Well, I won’t keep you waiting any longer.
It’s Burica, Panama.
Getting There Is Half the Adventure
Burica, Panama, is only a two hour drive from David. However, those two hours of travel aren’t your usual winding journey along the coast or through the countryside. In fact, when we first started our Playa Burica project, there wasn’t even a road that would take you to the end of the Burica Peninsula where the town is located.
Since the dense jungles that cover the peninsula extended all the way to the water’s edge, residents had to drive directly on the beach (which was only possible at low tide) to even be able to access the Burica community.
The government has now put in a road that allows access to the entire peninsula, but it’s still a rough ride. Rest assured, though, what awaits you at the end of that bumpy road is well worth your effort.
Thomas Richman
What Awaits You at the End of the Road
After bouncing along over a few miles of rocks and ruts, you’ll step out of your vehicle to some of the most amazing views in the tropics. Waves crash on the jagged volcanic reef that extends, in some places, as much as 200 meters out into the sea.
The reef, combined with the peninsula’s exposure to southern swells, allow for great surfing conditions. There are a number of secret surf spots in the area, which the locals guard with their life.
The deep-sea fishing off the coast of Burica is incredible, with many world record tuna, wahoo, black marlin, and dorado having been caught in those waters. One fishing lodge has already opened in Burica, and I’m certain others will follow.
The landscape is lush with tropical flora and fauna, and the beach is lined with towering palms inhabited by howler and capuchin monkeys, as well as the endangered red-backed squirrel monkey which is unique to the region. A look back inland affords views of Volcan Baru, Panama’s highest peak.
During low tide even more of the reef is exposed, which makes for an incredible moonscape. And, up until a few years ago, all of this wonder was virtually unknown to anyone except the locals.
Yes, You Actually Can Afford All of That
The amazing natural surroundings and opportunities for adventure that I just described could just as well have been excerpted from the listing for some exclusive resort property with an astronomical asking price.
But the prices in Burica, Panama, are far from excessive.
Because the area has only recently begun to draw attention from investors and developers like us, and because there’s little in the way of infrastructure or amenities, real estate prices are still relatively low. As such, there are some bargains to be had.
Playa Burica property in Panama
More Good News about the Value of Property in Burica
The area is in the second of the five stages of development we’ve identified for tropical destinations. That means it’s currently most attractive to large-scale developers who are buying large tracts of land as investments.
What that means is that, as more and more developers buy property in the Burica area, everyone else’s property value gets an automatic boost with little to no effort whatsoever. And every new development that gets built is going to have to include more and better amenities in order to keep up with the market.
It’s a win-win for property owners who get in during the early stages! It might be too late to be the first on the scene, but there’s still plenty of room for improvements that are going to make property values take off in Burica.
Emerging Terrains
Even Better News about Real Estate in Burica
So, buying real estate at rock-bottom prices is good. Seeing nearby developments inadvertently up the value of your property is great. Having the government invest in infrastructure that greatly increases access to your land is even better.
And that’s exactly what’s happening in Burica.
We’ve already seen what happened to property values when the new road gave access to the end of the peninsula for the first time ever. Well, also in the works is a new 4-lane road from Paso Canoas, on the Costa Rican border, to Puerto Armuelles, which is the last “big” town before you head out across the peninsula.
This is important for a couple of reasons. First of all, it makes the area even easier to access. Secondly, this project foreshadows that the government is apparently planning to continue to invest in Puerto Armuelles, which is good news for Burica residents who will benefit from additional services and consumer goods nearby.
Another major infrastructure improvement that’s coming is the expansion of the airport in nearby David. When the current expansion and renovation are completed, the Enrique Malek International Airport will be able to open its runways to flights from the U.S. and many other nations that were previously unable to access this region directly.
The Clock Is Ticking for Burica, Panama Real Estate
These infrastructure improvements, which will infinitely improve access to Burica, could mean a tremendous influx of tourists, expats, and investors to the area. That’s nothing but good news for us pioneers.
But it’s also a compelling incentive to act quickly. Burica may be one of Panama’s last frontiers, but it won’t stay that way forever. Check out our Burica, Panama real estate page for what’s currently available in the area. If you think Burica could be your dream destination, the time to act is now.
Something we at VivaTropical get asked all the time is “Where is the best place to live/invest/retire in the tropics?” And the answer to that is…we don’t know.
I mean, we know a LOT of really great places down here. We just don’t know the one that’s best for YOU.
So, while we can’t tell you exactly where you should move or retire to, we can give you a lot of really great options. In fact, we recently did just that when we listed the “Top 57 Places to Live and Invest in the Tropics.”
It’s a free download of over 200 pages of facts and amazing photos detailing what we think are the best overall places to live your life, invest your money, or both.
It’s based on a lot of different factors, such as the cost of living, quality of life, and real estate outlook for each area. I suggest you check out the whole ebook, or at least the places that interest you in the table of contents.
Meanwhile, here are our top three picks, as well as a few others that we think are great up-and-coming destinations.
#1 Nosara, Costa Rica
Nosara, Costa Rica is the perfect example of development done right. When the town was first established in the 1970s, the developer had a master plan to make it a top notch destination, and the residents have carried it out for decades. Most notably, the beach remains free of any high-rises to block the incredible sunsets.
Nosara has top-notch surfing, first-world amenities, and modern conveniences you won’t find elsewhere. Yet it’s not overcrowded or touristy. It’s clean, healthy, safe, and has great schools, making it ideal for young families. And did I mention that it’s breathtakingly beautiful?
Mihai
#2 Cuenca, Ecuador
One thing that attracts a lot of people to Ecuador is its affordable cost of living, but that’s far from being the main reason you should consider Cuenca. While it is less expensive than many expat destinations, it delivers big on amenities, culture, and community.
The best of both worlds, Cuenca offers big city conveniences in a quaint little small-town atmosphere. Its architecture is striking, and it’s rich in history. The town’s many colleges and language schools make it a virtual melting pot of unique people and ideas.
Dark Times Press
#3 Boquete, Panama
One of the neat things about Panama is its incredible infrastructure. And you won’t find many places in Central America as well developed as this expat haven. Decades of North American influence have paved the way for a first-world experience for expats living in Boquete.
But before you think it sounds too much like the U.S., consider the incredible nature that surrounds you in Boquete. Known as the “Valley of Flowers,” the hillsides around the town boast orchids and coffee farms. The rivers offer world-class whitewater rafting. And the rainforests are home to a variety of birds and other wildlife.
Some Honorable Mentions
photo by VivaTropical
#8 Boca Chica, Panama
Though it’s still relatively unknown, or more likely BECAUSE it’s so unknown, this destination scores off the charts on our Real Estate Prediction Meter. This coastal town and its 50+ islands in the Gulf of Chiriqui deliver all the things people love about ocean adventure and island living, but at a fraction of the cost.
As it becomes more and more accessible, we think this area is really going to take off. Its close proximity to David, plus new roads and a newly expanded airport mean big appreciation for real estate investors in Boca Chica.
#13 Dominical, Costa Rica
Costa Rica is truly an amazing place to visit or live. And Dominical has the best of everything this country has to offer. From the unparalleled surfing to the breathtaking panoramic views, this is one place not to be missed.
The town is really growing, but not in a manner that takes away from its natural beauty or the whole idea of what the place is really about. The incredible opportunities to experience nature, plus the renewed interest in the area make it a great option for expats and investors.
You can find out more about these and the other 52 destinations that made our list by downloading our ebook. Take a look! Which one of the top 57 places to live and invest is right for you?
There has been a lot written recently, in both print and electronic media, about the great possibilities that life in Boquete can hold for retirees and investors. With all this attention, it’s no wonder that a number of myths and misconceptions about life in Panama have appeared, making it more challenging to decide if moving there is the right choice.
Boquete’s attractiveness as an expat and investment destination is justified; the mountain climate, use of the U.S. dollar as the local currency, and Panama’s aggressive efforts to attract retirees and foreign investors all contribute to the town’s growing reputation as a premier place to retire.
Jason Cserny
Busting 6 Myths About What Life in Boquete Is Like
Regardless of the location, there seem to be any number of myths about what expats can expect when they move abroad. Boquete is certainly no exception to having several of these misconceptions distort what life in Boquete is truly like. Below are some of the most common myths and the truths that debunk them.
Myth #1: No One Speaks My Language
While it is true that knowing at least some Spanish can make life less complicated (and can help new arrivals immerse themselves in the local community), being fluent in the language is not essential. With a recent estimate of over 3,000 expats living in Boquete, use of English is more prevalent than in many other parts of the country. So making yourself understood is much easier than one might first imagine-even if you don’t habla español.
Myth #2: It’s In the Tropics – It’s Going to Be Too Hot
Boquete’s mountain location is a far cry from the tropical rainforest climate that one can encounter in the Panamanian lowlands. Being almost 4,000 feet about sea level makes for warm and comfortable daytime temperatures and cool, comfortable evenings.
An additional benefit of the moderate climate is that air conditioning use can be reduced dramatically without sacrificing comfort. This translates into lower electrical bills and a great savings that can be particularly important to budget-conscious retirees.
Viva Tropical
Myth #3: There Aren’t Any Modern Residences in Boquete
While it is true that Boquete is off the beaten path, the availability of modern homes and potential investment sites make the 45 minute ride from the city of David (with its new international airport) worthwhile. Here are some prime examples of the types of properties that can be found in and around Boquete:
Live Life at The Top
Located just a short distance (15 minute drive) from Boquete, is the picturesque community of Lucero. There you can find modern luxury living at the Jazmin Condominiums. There are three different floor plans to choose from to configure these 3-bedroom, 2.5-bath living spaces to your specifications.
Each unit has an open concept design, modern appliances, 24-hour security, and elevators to each floor. Additionally, residents have access to Lucero Golf & Country Club, clay tennis courts, and open space throughout the community to keep you connected to the natural beauty of the area. All this can be yours for only $238,650.
Roomy 4-Bedroom, 3-Bath in Boquete
This roomy 4-bedroom, 3-bath house in the Las Brias neighborhood of Boquete is ideally suited for family life. The fully fenced-in 630 square meter lot (the home sits on 310 square meters) is close to a school and a supermarket.
For those who don’t want to go to the effort of bringing their own furniture down, the property is fully furnished and currently listed at $225,000; it also can be sold at a lower price in an unfurnished condition.
This is the best deal in Boquete
Sitting on a .4 acre lot, this 3-bedroom 2.5-bath fully furnished, turnkey property is ideal for the investor looking for a quality rental home or a retiree seeking to find a piece of Panamanian paradise. Some of the features include a honeymoon Jacuzzi tub and open concept kitchen with upgraded Whirlpool appliances.
Exceptional green space around the property as well as an attractive terrace that wraps from the rear of the home to the left side of the structure are two more reasons why this may well be the best residential deal in Boquete. The offering price is eye-catching as well at $295,000.
With these properties and others to choose from, taking a closer look at what is available makes it clear that there certainly are modern homes in Boquete. Another myth gets busted!!
Myth #4: It’s Safer to Live in a Gated Community with Other Expats and Lots of Security
This may be one of the biggest myths throughout Latin America! Gated communities are often a magnet for criminal activity; the very elements that are supposed to provide security become an advertisement that there are possessions behind those gates worth stealing, theft being perhaps the most common type of crime.
Surrounding yourself with only expats is going to detract from truly immersing oneself in life in the community. Taking normal precautions (not going into questionable areas, never leaving your home open, etc.) is often a far better deterrent than hiding behind gated walls. Important, Boquete has practically no violent crime, making it a far safer location than most U.S. cities today.
Steve McCallum
Myth #5: You Will Always Have to Make Do or Go Without
This is more about setting expectations than anything else. Expecting things to be identical to life in the U.S. is, frankly, not realistic.
Boquete is a growing community that is still Panamanian (in spite of the increasing number of expats). The local food market is going to have a far different selection of items than one might find in the average U.S. grocery store. Some items, such as electronics or computers, might require a trip into David or Panama City in order to be purchased.
Above all, the pace of life in general is going to be less hectic. Making an appointment does not necessarily mean that it will begin at the time requested; similarly, having work done may take longer that might have been estimated.
The important thing to remember is that one of the main reasons for becoming an expat was to experience a different way of life. By embracing the differences between life in Boquete and back in home in the States, daily life becomes less about “making do” and more about becoming part of your new tropical highland community.
Think Panama
Myth #6: The Medical Care Is Primitive
Medical services in Panama are one of the major attractions for expats and investors alike. The country has several state-of-the-art facilities including Punta Pacifica, located in Panama City. This hospital, in addition to being affiliated with the Johns Hopkins Hospital in Baltimore, Maryland, is considered one of the most technologically advanced health care providers in Latin America.
For those living in Boquete, quality medical care is provided by Hospital Chiriqui as well as two other modern facilities in nearby David. There are also a number of public hospitals run by the Ministry of Health. Regardless of whether you choose public or private, the quality of care is equal to, and in many cases, superior to that in the U.S. Even more importantly, the cost is far less than the U.S. average for the same services.
Become Your Own Boquete “Mythbuster”
Experiencing Boquete firsthand is the best way to debunk the myths about living the expat life. Visit this mountain community and see that the potential for growth, investment, and quality of life are certainly not mythical at all.
Did you know there are dozens and dozens of great resources on Panama for expats and investors? We gave you an extensive list on Costa Rica, so let’s do that again with Panama! Don’t forget, we have a ton of resources for Panama on our site, and a whole bunch of Panama property for sale, but that doesn’t mean that there aren’t other really good ones out there! Check out our list of the top Panama websites!
Haakon S.Krohn
Blogs About the Panama Lifestyle
Most of the Panama blogs are by expats. From them, you’ll get a great perspective about life in Panama. If you notice quite a few differences in perspectives in them, that’s because everyone’s experience is different in Panama. And variety is good! Use them to glean whether or not a particular location or experience might be right for you.
- Permanently Panama – Written by 20-something expat Alice Beth, Permanently Panama offers a different perspective on what life in Panama is all about.
- Chiriquí Chatter – Probably the go-to spot for information on life, happenings, and straight talk on living in Chiriqui Province.
- Along the Gringo Trail – Follow recent American expats to Panama who took up a residency in Chame, Panama
- Richard Detrich -If you choose to read long-time Panama resident Richard Detrich’s blog, you’re certain to learn the ins and outs of life in Panama.
- The Panama Blog – All things Panama! From travel and living to even a bit of news and other tidbits of the happenings in Panama.
- The Panama Investor Blog – Looking for an investment blog perspective? Be certain to put The Panama Investor on your list, right after you read all of our great Panama investments tips.
- Playa Community – Playa Community is made up of hundreds of expat residents and business owners. The articles you read on the site are written by real people who live there and do business there.
- The Panama Adventure – Follow the adventures of a retired American couple who decided to retire to David, Panama.
- Panama For Real – Want a first-hand tour of Panama? That is what you will find at Panama For Real, one town at a time.
- A woman, a plan, a canal… Living in Panama! – Emma’s an international music educator, who tells you about how all of those little mundane things you take for granted in your home country change drastically when you move overseas!
- Let the Adventure Begin – “Let The Adventure Begin” is a blog about a couple’s new life living in the highlands of Panama.
- Young Expats in Panama Want to connect with Panama’s younger expats? Start here first.
- Panama Dude – A blog about the lighter side of Panama.
- Panama Gringo Guide – Having traveled the world for 36 years, author and expat blogger Elizabeth Vance hopes to share and connect with people moving to Panama and the Panama expat community through the Panama Gringo Guide.
- The Panama Gringo – Written by a frequent traveler to Panama, follow the site for the latest in rumors, news, and reviews on restaurants, hotels, things to do, and general issues facing a newcomer to Panama.
- My Move to Panama Blog -Learn about Panama through the eyes of a (once single, now engaged) California girl. It’s about restaurants, holidays, fun events, crazy things that happen, doing business in Panama, and other interesting things about living in Panama.
- In da Campo – In search for a place to land away from the snowy winters in Canada, this girl, her guy, and two cats landed in the Azuero Peninsula.
- Boquete Guide – You want to move to Boquete, Panama? Awesome! Be certain to check out one expat’s journal (he calls them his opinions, experiences, and observations) of what life is like in Panama’s most sought-after expat hotspot.
- Bouqete Ning – Not really a blog, although members of this Boquete open community forum do post individual blogs, it’s a place to connect with other expats living in Boquete and the surrounding Chiriquí Province.
- Ambler – Specializes in sharing Panama travel perspectives, sustainable development of incredible destinations, and ecotourism efforts.
- Our Third Life-Pedasi, Panama – A good resource for those interested in life in Pedasi.
- One More Good Adventure – A well-rounded blog about whatever is on the author’s mind and the experience of growing old in someone else’s country.
- Villa de la Torre – A great blog about building a Spanish Colonial Revival house in Panama.
- Postcards from Panama – The blog of a retired couple relocating from Canada to Panama.
- Sweltering in the Tropics – Tales about family life in Panama City.
- Kate In Panama – The Author bills herself as a somewhat naive Southern Girl trying to establish a life in Panama City.
- My Panama Video Blog – Written by the co-founder and co-owner of The Lost and Found, an eco-resort and adventure tour company, following along means learning what it’s like to live in the remote areas of Panama.
- Panama Daze – A musing on day-to-day life in Panama.
- Living in Panama – Living information, real estate and living advice about Puerto Armuellas, Panama.
- ExpatFreedom – Learn how to make the jump to expat life in Panama.
- Randy Hilarski.com – This US Veteran gives you his spin on expat life in Panama. Along for the ride is his view on Bitcoin, social media, precious metals investing and expat living.
- Future Expats – (Specifically Panama) Future Expats Forum focuses on those ideas/concerns close to the expat; supporting yourself on a portable career and gearing up for the move.
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Panama Real Estate Websites
Yeah, real estate is our main focus at Viva Tropical. We have a ton of Panama real estate for sale in Panama here. But that doesn’t mean that there aren’t tons of other great Panama real estate companies.
- Panama Realtor – With 10 years of offering real estate listings in the Republic of Panama, they represent properties throughout the nine provinces of the republic.
- Panama Equity – Featured in multiple publications, Panama Equity is located in Panama City.
- Veraguas Realty – From Chame to Bocas del Toro, Veraguas Realty has hundreds of listings to browse.
- Boquete Highlands Real Estate – Contact them for small farms and unique home sites in Boquete.
- Banner Real Estate – Offering listings throughout Panama.
- Inside Panama Real Estate – Ideally located within Panama’s most coveted communities, their turnkey properties are an option for your next adventure in life.
- El Valle Real Estate – Specializing in El Valle, this group offers more than just typical real estate listings, they also offer property management and maintenance along with real estate listings nationwide.
- Arco Properties – Arco Properties focuses exclusively on Casco Viejo, Panama City.
- Buena Vista Real Estate – Since 1998 Buena Vista Real Estate has offered its services for those looking to move to the Caribbean side of Panama.
- Paradise Found Real Estate – Find the perfect spot in Bocas del Toro or all of Panama. These guys will work with you to help find your dream spot.
- Bocas del Toro Realty Services, Inc. – There is simply no other place in the world that offers the natural beauty and investment opportunity that this area of Panama provides, says Bocas del Toro Realty Services. Give them a look.
- Casa Solution – More than just great real estate listings, check them out for news, information, and the low-down on life in Panama.
- CBRE Panama – A worldwide company, with over 438 offices in more than 57 countries, they offer great resources to help clients in the investment process.
- CPanama Real Estate Corp. – Offers a comprehensive list of tools that help clients in their Panama real estate investments.
- The Panama Perspective – The Panama Advisory International Group is a duly licensed real estate company in the nation of Panama, conducting investment real estate and general brokerage business.
- Boquete for Sale – Properties for rent and sale in Boquete, Panama.
- United Country Panama – They offer homes for sale in Panama’s mountains, on its oceanfront, and throughout the nation.
- Remax Beaches and City – Thinking about a well-known real estate name? Then check out Remax Beaches and City, offering properties nationwide.
- Panama Advisory International Group – Billed as a commercial advisory group aimed to select clients requiring real estate services including acquisition and disposition, real estate and business development in Panama.
- TryPanama – Services provided for Real Estate, Relocation, and Rentals, with a focus on Panama’s beach areas.
Pereira Miguel
Panama Boutique Hotel Sites
You might be surprised to find hotel websites on the list. But the fact is that lots of them are run by expats. And many have valuable information on their websites and blogs. Plus, who wants to stay in a chain hotel when scouting the tropics?!
- Punta Caracol Acqua Lodge – Sleep out over the ocean in Bocas del Toro; featuring exclusive over-the-water cabins where you will have access to crystal clear waters from your private terrace.
- Bocas del Mar – A 2014 Top Small Hotel in Panama according to TripAdvisor Travelers’ Choice Awards, Bocas del Mar is a situated on a privileged coastal location of the mainland of Boca Chica, Chiriquí Province.
- Boquete Garden Inn – Enjoy a limited number of cabañas within some of Boquete, Panama’s most beautiful gardens.
- La Casa del Risco – Six luxurious rooms nestled within view of Panama’s largest volcano.
- Hostal Café Limón Hotel – This cozy 4-bedroom hotel and café is situated in the small town of Limón de Pedasí, Panamá, and near to many of the surfing beaches on the Azuero Peninsula.
- Casa Cauyo – An off-the-grid boutique Eco Adventure Resort nestled in the remote jungle of the Bocas Del Toro.
- Coco Plum – About an hour’s drive from Panama City and a five minute drive from Portobelo lies the quirky eco-resort, Coco Plum.
- El Nido del Postre – El Nido del Postre is a beach hotel situated in Isla Grande, on the Caribbean Coast of Panama.
- Finca Lerida – Spend the night in a working coffee plantation nestled next to Volcan Baru.
- Panamamonte – With nearly a century of experience under their belt, enjoy a respite in one of Boquete’s most sought-after hotels.
- Hotel Laguna A unique German style hotel, the best one in the main street of the Colon Island.
- Hostal Villa Marita – Villa Marita is located in Boquete, where it is surrounded by coffee farms, walking trails, flowers, and exotic birds.
- Los Quetzales Lodge & Spa – At 7260 feet above sea level, Los Quetzales is the highest lodging facility in Panama and lies inside the primary cloud forest of Volcan Baru National Park.
- Cielito Sur B&B Inn – Country hospitality in the mountain town of Nueva Suiza.
- Al Natural Resort – Located on the secluded beach of Punta Vieja on the southeast tip of Bastimentos Island, Bocas del Toro.
- Canopy Tower – Panama’s top spot for birding and ecotourism since 1999.
- El Otro Lado – El Otro Lado is a private retreat situated in the area of Portobelo Bay.
- DeVille Hotel – DeVille Panama City Boutique Hotel is situated in the heart of Panama City’s banking district.
- Casa Sucre – Located in the historic Casco Viejo district, this is a renovated 1873 five bedroom, three apartment guest house for those wanting to visit Panama’s most historic city.
Soman
Panama News Sites
You’ve got to know what is happening in Panama. Here are some of the top sites. These are English-only.
- The Panama Report – English-only Panama travel and investment news.
- The Bocas Breeze – All the must-know news happenings in Bocas del Toro.
- Playa Community News – A well-established news source for those living in Coronado and the surrounding communities.
- The Panama News – One of the longest running English-only news sources for Panama.
- Newsroom Panama – Compact and concise daily reports on happenings in Panama.
- The Panama Digest – Check here for “Unfiltered Panama News,” along with lifestyle, tourism, environment, crime, and development topics.
- The Visitor – Probably the most sought-after news source for visitors and recent arrivals in Panama.
- Panama Pulse – This is a sort of jack-of-all trades site, which offers a comprehensive list of news and blogs in Panama.
Panama Tourism Sites
Tourism companies? Yep, lots of good info for would-be expats and investors.
- Explora Ya – Great tours and service for getting out there and seeing Boquete & Chiriqui.
- Panama Travel Consultants – Panama Travel Consultants specializes in providing private customized vacation packages to Panama and Latin America.
- Vive Boquete – All you need to plan a trip or exploration tour of Panama’s top destination.
- Barefoot Panama – Get face-to-face with incredible culture, awe-inspiring wildlife, and unforgettable adventures with this adventure and eco-tour company.
- Habla Ya – This language school offers amazing eco-tour packages and adventures in Panama’s interior.
- Boquete Outdoor Adventures – Planning an eco-vacation? Start here.
- Sendero Panama is an ecologically and socially responsible team of tourism and hospitality professionals
- Pedasi Sports Club – Thinking a fishing and dive trip? Check out Pedasi Sports Club and see why Panama is ranked among the top destinations for both.
- Panama Tourism & Travel – Sort of a 411 on all things touristy in Panama. It’s definitely worth a visit.
- Panama-Tourism – Official tourism and commercial directory of Panama.
- Panama Travel Corp – A one-stop shopping place for all things related to packaged tours of Panama.
- Panama Visitors Guide – Panama Visitors Guide will help you to find information on the Republic of Panama, on the Panama Canal, tours and day trips, Panama hotels and hostels.
- Virtual Panama – A great list of Panama’s tourist attractions.
- Boquete-Chiriqui Panama – A small, but thorough, look at tourism in Boquete.
- Casco Antiguo Spanish School – Known as the highest rated spanish school in Panama City and with students from all over the world.
- VIP Panama Tours – They are the first choice for Transport and Tour Groups in Panama.
Panama General Info Sites
Go to these top picks first.
Panama Articles and Research by Viva Tropical– We’ve written dozens of articles and guides about investing and living in Panama. So of course we are going to add them to our list. Give them a look. We are certain there isn’t much about Panama that you won’t find on those pages.
- Panama Info – Panama’s #1 travel guide (and a bit of news too).
- Panama Relocation Tours – Specializing in 6-day all inclusive tours of Panama for those who are considering relocating to Panama.
- Expat Freedom – Dedicated to showing you first-hand what it’s like to live overseas, especially Panama.
- Visit Panama – Ministry of Tourism of Panama’s official website.
- Ciudad de Saber – Learn more about Panama’s push to be known as a City of Knowledge.
- Autoridad de Turismo de Panama – Although in Spanish, this is an excellent tourism site from the Republic of Panama’s official tourism agency.
- Bocas Del Toro – Official tourism page for Bocas del Toro.
- Boquete-Chiriquí – Chiriquí Province official tourism page.
- Panama Tours – Billed as Panama’s virtual tourism portal. Lots of great info here for first-time visitors to Panama.
- Boquete Travel – Dedicated to all things Boquete. Very easy to navigate.
Did we miss your site?
If you have a great site about Panama and think it should be on this list, give us a shout, and we’ll review it for you!
Panama City, Panama has been called the “Dubai of Latin America” due to its skyline that seems to reach endlessly into the clouds and the fact that it’s a hub for commerce between North and South America. As such, it’s become a popular place for expats to live and work.
Andrew Campbell
Yet, no matter how cosmopolitan it appears, the fact remains that it’s still a developing country. As such, it comes with its own unique set of growing pains. Check out our top tips for living in Panama City, Panama.
1. Brace yourself for the bureaucracy.
Possibly nowhere is Panama’s inefficiency more evident than when it comes to processes like applying for a visa, getting a building permit, or even just changing your mailing address. Regulations and requirements change frequently, and what you were told last week may have changed by this week when you come back with what you thought was the required paperwork.
It gets even worse after an election when the newly elected party comes in and cleans house, much like a new college head football coach. Their first order of business is often to reverse any of the unfavorable laws they didn’t like from the previous administration.
All you can really do to combat this issue is to keep good documentation, remain polite, be persistent, and just keep doing everything you can to move the ball forward at every opportunity.
2. Expect everything to take at least twice as long.
As you might have guessed from the first point, Panama and its capital city are not known for their speediness. That quick trip into the utilities office to pay your bill could turn into you standing in a line that would make a U.S. DMV office look like a cakewalk. And a contractor who says he’ll show up “mañana” to fix your leaky roof might not come around until some time next week.
Traffic is another area where huge delays can be a problem. The culprit could be anything from one of the many construction projects in and around the city to an accident caused by a local driving recklessly, a common hazard in Latin America.
It can be frustrating, but with a measure of patience you’ll eventually start to learn to calm down and appreciate the slower pace of life that was likely one of the very reasons you moved here anyway.
3. Use common sense to avoid becoming a victim of crime.
While violent crime does exist in Panama City, much of it is related to drug and gang activity and, as a result, somewhat avoidable. That’s not to say that innocent bystanders never get caught in the crossfire, but it’s a lot more likely to happen if you’re in a dark alley in a bad part of the city than if you’re out walking your dog in a public park in broad daylight.
What is more common is petty theft, and tourists and expats are often easy targets. To avoid becoming a victim, try not to draw attention to yourself. Don’t go around flashing cash or carrying valuables. If you do, don’t leave them unattended.
Jasperdo
4. Soak up every possible ounce of culture.
Panama City has the double benefit of being both a cosmopolitan city and a world class cultural hub. The city dates back to 1519, and many old Spanish buildings from that area can be found in its central neighborhood of Casco Viejo, which is a UNESCO World Heritage site.
It’s also home to museums, galleries, symphonies, shopping, and everything else you’d expect from a first world destination. That’s not true about every expat hotspot. Panama City is in a class of its own when it comes to cultural attractions.
5. Understand it isn’t the cheapest expat destination.
When comparing the cost of living in various expat favorites, Panama City is far from rock bottom. In fact, it’s almost at the top. As it’s become a prime banking center, a communications hub, and a logistics necessity, the price of everything from clothing to cold beers has only gone up.
Its real estate market is booming, and therefore prices are high. However, like any large city, there are options to fit every budget. You may have to make a few sacrifices (e.g. shopping in farmer’s markets and giving up pricy imported brands), but living in Panama City is still doable for most expats.
6. Realize that living in Panama City still represents an incredible value.
You can’t mention the somewhat high cost of living in Panama City and not follow it up by pointing out that it’s still considerably less than the cost of living anywhere in North America. And that’s not an apples to apples comparison. In other words, in Panama City you can enjoy a lifestyle comparable to Miami’s South Beach and still spend less than what it would take to live in a bland U.S. suburb.
It’s a great place to live, as evidenced by the thousands of U.S. expats who call it home. With a great blend of commerce and culture, coupled with a growing economy, first world infrastructure, and a reasonable price tag, Panama City is definitely a place worth keeping on your short list of potential expat destinations.
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 the determining factor in choosing one location over another.
By comparing the cost of living of three of the most popular Latin American destinations – Costa Rica, Panama, and Ecuador – you can get a better understanding of the budget needed to make your tropical dream a reality. Learning about these (and other) popular destinations is a great way to begin the search for that perfect piece of tropical paradise.
Super0923
What Goes into Figuring the Cost of Living
There are a lot of factors that can be included when calculating how much it would cost to live in one place as compared to another. Looking at the big picture is one way to get an idea of the comparative pluses and minuses of each location.
Below is a chart that compares prices and consumer spending power (on a macro level) between Costa Rica, Panama, and Ecuador:
| Ecuador | Costa Rica | Panama |
| Rent Prices are 59.25% lower than in Panama | Rent Prices are 86.62% lower than in Panama | Rent Prices are 59.25% higher than in Ecuador |
| Consumer Prices are 17.89% lower than in Panama | Consumer Prices are 9.65% higher than in Panama | Consumer Prices are 17.89% higher than in Ecuador |
| Grocery Prices are 23.82% lower than in Panama | Grocery Prices are 5.78% higher than in Panama | Grocery Prices are 23.82% higher than in Ecuador |
| Local Purchasing Power is 20.15% lower than in Panama | Local Purchasing Power is 19.03% higher than in Panama | Local Purchasing Power is 20.15% higher than in Ecuador |
Information Source is Numbeo.com as of May 2015
As can be seen, each country has positives and negatives in terms of the cost of living. Ecuador has the lowest rent, Costa Rica has the highest local purchasing power, and Panama occupies the middle ground on most categories.
This is also a direct reflection of the stage where each of the three countries find themselves in terms of growth. Costa Rica has the most developed market in terms of expats, Panama is in the middle of a growth spurt, and Ecuador is just now emerging as an expat hotspot.
sitzmansitzman
Looking at Specific Items That Go into the Cost of Living
To better explain how these percentages impact expat budgets, it helps to look at the actual dollar amount that such things as food, housing, and transportation cost in these three countries. This comparison appears in the chart below:
| SAMPLE GROCERY ITEMS | Costa Rica | Ecuador | Panama |
| Milk (regular), (1 liter) | $1.40 | $1.06 | $1.47 |
| Loaf of Fresh White Bread (500g) | $1.61 | $1.45 | $2.06 |
| Rice (white), (1kg) | $2.14 | $1.41 | $1.48 |
| Eggs (12) | $2.83 | $1.81 | $2.17 |
| Local Cheese (1kg) | $6.35 | $4.76 | $7.73 |
| Chicken Breasts (Boneless, Skinless), (1kg) | $6.97 | $5.94 | $7.15 |
| UTILITIES | |||
| Basic (Electricity, Heating, Water, Garbage) for 85m2 Apartment | $70.65 | $44.13 | $69.84 |
| 1 min. of Prepaid Mobile Tariff Local (No Discounts or Plans) | $ 0.07 | $ 0.17 | $ 0.14 |
| Internet (6 Mbps, Unlimited Data, Cable/ADSL) | $53.16 | $44.07 | $41.99 |
| TRANSPORTATION | |||
| Gaosline (1 Liter) | $1.34 | $0.50 | $0.90 |
| Volkwagen Golf 1.4 90 KW Trendline (or similar new vehicle) | $22,569.12 | $25,000.00 | $19,500.00 |
| RENT PER MONTH | |||
| Apartment (3 bedrooms) in City Centre | $833.13 | $661.34 | $1,780.77 |
| Apartment (3 bedrooms) Outside of Centre | $654.21 | $524.29 | $ 967.86 |
| Information Obtained from Numeo.com as of May 2015 |
Again, the differences reflected in the cost of certain items mirrors each country’s particular characteristics. Panama, long recognized as the commercial hub of Latin America, benefits from the ready access to imports in the form of lower prices for cars and gasoline. Both Costa Rica and Ecuador have significantly lower rental costs than Panama; the modern wonder that is Panama City is a prime example of this disparity.
Interestingly, the food items selected for comparison are all roughly the same in cost across the three countries. The accessibility of locally grown produce and meat can further reduce the food budget across the board.
Mauge
What Does It All Mean?
Panama, Ecuador, and Costa Rica each have unique qualities that have made them three of the top locations for foreign investors, expats seeking a new or different lifestyle, and retirees looking for that tropical paradise. Depending on where you live, the cost of living may be higher or lower than these examples.
If a more rustic lifestyle is the preferred choice, the amount spent will be lower; conversely, for those seeking a luxury residential location with modern amenities, the cost will obviously be higher. In any event, what one would spend for these items in the U.S. is going to be different than in any Latin American location.
Ultimately, the question that has to be answered is a simple one: Does this place (Panama, Costa Rica, Ecuador, or elsewhere) call to you? Being realistic about your own monetary resources is another important facet in the expat process.
Learning about each country by connecting with others who have made this leap of faith, and, hopefully, visiting those places that appeal to you, is the best way to put everything into context. You can then measure the cost of living in the context of the cost of making a dream come true.
It may come as a surprise that Panama health care is as good as in the U.S. and at a much lower cost. However, there are always the unexpected events that can catch even the most seasoned expats unawares.
While it is impossible to guard against the unforeseen, a little forward planning can go a long way towards dealing with unplanned medical issues. Learning about medical options in Panama is a great way to prepare for those unanticipated events that can arise and how best to deal with them.
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The Basics of Panama Health Care
Panama health care can be divided into two basic categories: public and private. There are distinct differences between the two systems that every expat should know.
The Public System
The public health system in Panama is run by two separate governmental entities. The Ministry of Health (Ministerio de Salud) establishes examination and health care programs for the poorest Panamanians. Additionally, the Ministry also has the responsibility for carrying out hygiene inspections, building new clinics and hospitals, and overseeing general health care training.
The other governmental body, the Social Security System (Caja de Seguros Social), operates the country’s hospitals and clinics. Regardless of income, both foreigner and national can receive free health care, emergency medical treatment, and maternity care.
The Private System
Private medical care in Panama is on par with modern facilities in the U.S. These private institutions have modern equipment, bilingual staffs, and are often affiliated with U.S. medical schools. The Punta Pacifica Hospital, one of the top state-of-the-art centers in Latin America, is affiliated with Johns Hopkins University. Other examples of U.S.-affiliated operations are the San Fernando (Tulane) and Centro Medico Patilla (Cleveland Clinic).
Location, Location, Location
Access to medical care, regardless of whether it is public or private, is often determined by one’s location. There is a major difference between urban and rural facilities – both in terms of access and in the level of specialty care.
Rural clinics and hospitals can handle basic health issues (although the wait times can be lengthy). For more complex or difficult issues, a trip to David or Panama City may be required to find the specialists that may be needed.
Finding a private hospital or facility in a rural area can be challenging at best. Once again, the greater majority of private medical providers are located near the major urban centers.
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Pros and Cons of Panama Health Care
Health care in Panama has its positives and negatives. Being aware of potential benefits and drawbacks can help you plan ahead for medical situations that may arise.
Cost of Care Is Cheaper Than Back Home
Generally speaking, the cost of medical care in Panama is cheaper than comparable services offered in the U.S. That being said, it is still important to know that the private system can still be costly; having medical insurance is the best way to ensure fast and reliable service.
Another major difference is that, while credit cards are usually accepted for hospital service, doctors fees are expected to be paid immediately – regardless of whether or not the care involves an emergency. Just as in the States, the charge for the hospital or clinic does not include the fees of the medical practitioner in attendance.
Many Prescription Drugs Can Be Purchased Without a Prescription.
One major pluses of Panama health care is the fact that many medications that would require a prescription in the U.S. can actually be purchased over the counter. Like its neighbor Costa Rica, pharmacies (called farmacias) carry most of the regular medications that expats (and locals) would take and at a lesser cost than purchasing the same drug back home.
The one major exception is for pain medications that would require physician’s approval (just like in the U.S.). A written prescription from a local doctor will be required to obtain these medicines.
Not All Health Care Options Are Equal
As mentioned above, there is a significant difference in the level of care found in local clinics and the major medical facilities of Panama City and David. The local clinics often have much longer waiting times, fewer available doctors, and limited treatment options. Additionally, there may be fewer English speakers at the smaller locations which could create a language barrier for those who are not comfortable with Spanish.
Flying Eye
Health Insurance Is Good Preventative Medicine
Having health insurance in Panama is one of the best ways of preparing for unexpected medical issues. As the number of foreigners choosing Panama has increased, the health insurance options have also become more sophisticated.
Insurance can be purchased individually or through an employer (and, yes, expats can work in Panama). The price for general health policies will be affected by age, pre-existing conditions, etc. The good news is that a basic Blue Cross type policy, for a healthy individual, may be less than $100 per month. In some cases, much less.
The advantage of having insurance is being able to have low co-pays, even for specialists, and lower deductibles. While insurance is not mandatory, not having to worry about paying the full amount for services (especially for emergencies) at the time of treatment is certainly a valuable consideration.
A Panama Health Care Insurance Example
Recently, an expat mother had to take her 7 year old to the emergency room for a ½ inch cut close to the eye. A general surgeon was called and stitched up the wound at a private hospital. Total cost: $400.
This parent had insurance and the result was that the entire amount was 100% covered. Rather than having to be concerned with coming up with a large amount of cash (even though the cost was far less than one would expect in the States), she was able to focus her attention on her child. Given the affordable cost of health insurance, the peace of mind and convenience was certainly priceless.
Planning Ahead Makes Using Panama Health Care Easier
Understanding the basics of Panama health care, the positives and negatives, and how insurance works can make being prepared for the unexpected health events much less complicated. It is better to have the appropriate provisions in order, even if you never need to use them, than to find yourself in need of medical care with no plan in place. The old saying is true: An ounce of prevention is worth a pound of cure.
Boca Chica, Panama is the tropical island that can truly be said to be the stuff of dreams. The special combination of a secluded setting that is still less than an hour a away from the major city of David promises to be a key factor in the rapid expansion of an expat population seeking new adventures and opportunities for reinvention.
Island living is not wihtout its challenges but the rewards of having a unique lifestyle that has been the stuff of dreams far outweighs any adjustments that may be required.
While not as well known as other Pacific locations in Latin America, Boca Chica may be the best bargain of all. The growing number of available properties-from lots ready to be developed to high end condos-bear witness to the desirability of this ocean side community.
Panama Travel
Island Living In Boca Chica-A Reality Check
Island living has a lot of pluses to commend it as a lifestyle change. There are also some challenges that prospective “Robinson Crusoes” should keep in mind as part of the decision process.
Seclusion Can Be Both A Plus And A Minus
One of the most compelling features about Boca Chica is its remoteness from the rush of larger metropolitan areas such as Panama City. This can be both a positive and a negative feature.
While having a quieter, more laid back atmosphere is a benefit for many expats, the inability to easily purchase items such as computers, electronics (phones, tablets, etc), and vehicles can take some adjustment. You have to decide whether having ready access to these stores is more important than the tranquility of a secluded beach village.
Fortunately, the city of David is just a short diatance away and has plenty of shopping options that can meet most daily needs. For some speciality items, however, a trip to Panama City may be required.
The Infrastructure Is Undergoing Growing Pains
With a single road leading into Boca Chica from the Pan American Highway, it should come as no surprise that the infrastructure of the area is still in a development stage. Again, this may prove to be problematic for expats who want all the comforts of home when they first arrive.
Even in paradise, growing pains are a necessary evil when a location, like Boca Chica, is developing as rapidly as it is. The long term outlook, however is that of increased value and accessibility that make investing now a great option.
Happily, the continual increase in expats and investors is also having a positive effect on upgrading the infrastructure in Boca Chica to be able to handle the needs of an increasing population.
Increased Access And Investment Potential
With the opening of the new international airport in David, getting to and from Boca Chica becomes much easier than one might have expected even five years ago. Another plus is that, unlike other popular island destinations – for example, Roatan (which requires a 90 minute ferry ride to the mainland) – getting to nearby locations is simply a matter of a quick boat ride to the mainland to connect to other places.
This also is reflected in investment potential. Boca Chica is still largely undeveloped and not as well known as other islands in Latin America. With prices still extremely low, getting in at the start of the anticipated investment growth will cost less and, arguably, could result in much higher returns on investment.
Viva Tropical
The Real Estate Market In Boca Chica Continues To Grow
The recent attention given to the archipelago of the Gulf of Chiriqui in general, and Boca Chica in particular, has led to greater number of options for relocation and/or investment. Some of the examples of properties available in Boca Chica are listed below. The price points are still reasonable but can be expected to increase as demand increases for these beachfront locations.
Entire 11 Acre Island in Panama
If owning your own island and molding it into your own particular concept appeals to you, the island of Isla Iglesia Mayor is the answer to your search. Located just a short fifteen minute boat ride off the coast of Boca Chica mainland, this largely undeveloped island parcel is in its natural state with a wide variety of flora and fauna present.
Reminiscent of deserted tropical islands of literary farm, the potential for private or personal development is limited only by the imagination of the new owner. Priced at $1,500,000, the possibility for a strong return on the initial investment expenditure is quite good. Panama’s favorable tax structure and aggressive approach to attracting foreign dollars are further incentives to consider buying at this time.
2 Bed with Pool, Dock, Solar, Everything
This modern eco-friendly house sits on a ½ acre, ocean front lot, on Boca Chica Island. The solar powered electrical system is not only convenient but also budget friendly. Using solar power is also good for the environment and helps create a special kind of connection with the natural surroundings of the 400 acre private island where the lot is located.
This 2 bedroom 1 bath home also comes with a private dock, swimming pool and outdoor shower. With 100 feet of ocean frontage, it is difficult to imagine many homes with these benefits being offered for only $199,000.
Viva Tropical
The Total Package: Beachfront, Elegance, Amenities, Nature, and Adventure
For potential buyers looking for a high-end turn-key property with Spanish Colonial flair, oceanfront views, and top-shelf finishes throughout the house, this 4600 sq. foot home checks all the boxes. Situated on a 30,000 square foot lot, this 4 bedroom, 5 bathroom well appointed home also has a separate maid’s quarters with a separate bathroom.
Quality cabinetry, custom window treatments, a spacious upper balcony, and premium kitchen appliances (just to name a few of features) speak volumes about the quality of workmanship that when into the construction of this dwelling.
Located in Rincon Beach Estates, which is part of one of the premier gated communities in Panama, the Boca Chica Plantation and Club, residents have access to many special amenities such as an equestrian center, boat ramp and storage and even a helipad. The $799,000 asking price almost seems small when measured against all the extras that this stunning property has going for it.
The growth curve for Boca Chica is only expected to increase in the next few years. This is good time look at the properties currently on the market to find your place in the tropical sun.
Island Living Can Be A Life Changing Experience
For those who seek the adventure of moving abroad and finding paradise on a tropical island, Boca Chica is closer than you think. Deciding to become part of island life is a profound experience not to be undertaken lightly. A great way to find out if this choice is for you to go there, put your feet in the sand, and discover your connection to this tropical haven.
Many expats are giving serious thought to living in Panama, as a result of all the attention that has been focused on the potential of the country. An important step in making the decision to move abroad is to actually learn about the pros and cons of life in your prospective destination from those who have already made the journey
The options for expats, investors, and retirees considering Panama as a potential location can range from the modern urban life of Panama City to mountain towns like Boquete to coastal fishing villages like Boca Chica. Regardless of your preference, doing the research about this Latin American country, rightfully known as the Hub of the Americas, is a great place to begin your quest.
descubriendoelmundo
There Is Potential for Expats Living in Panama
There are no perfect paradises in the world. Each location comes with its own unique set of positives and negatives that potential expats should consider before making a decision or committing finances. Panama is one of those destinations that has many desirable qualities for those seeking a life abroad.
Streamlined Residency
The Specific Countries Program that was enacted three years ago makes it easier for U.S., Canadian, and European passport holders to qualify for Panamanian residency in as little as six to eight months. Skilled and educated workers may also qualify for a worker’s permit under recent revisions. Naturally, time frames can vary depending on how fast the government bureaucracy can process applications.
Familiar Currency
The U.S. dollar has been used as legal tender for all transactions in Panama for quite some time. Being able to use your funds without dealing with the hassle of exchange rates and international conversion fees is a great benefit when handling daily transactions such as grocery shopping, paying bills, etc.
Easy Access
Perhaps one of the most popular features of living in Panama is the ease of getting to and from the country. Daily, regularly-scheduled flights from 15 U.S. cities are easy to find and are quite affordable. Inside of Panama the country’s domestic carrier, Air Panama, is also expanding its service to new locations, such as Pedasi. For expats who want the security of being able to return back home to visit friends and family, this convenience is an extremely attractive feature.
Quality Health Care
Health care in Panama is a pleasant surprise for most expats. Modern facilities and equipment are available. For example, the Hospital Punta Pacifica in Panama City is affiliated with the world-renowned Johns Hopkins University and offers the same quality of treatment found in any major U.S. metropolitan area, but for a much lower cost.
Being a Retiree in Panama Translates Into Savings
Retirees, known as pensionados, are entitled to many discounts on services and products throughout the country. For those living on a fixed budget, these savings can make a big difference in the quality of life.
Zhu
Adjusting to Expat Life While Living in Panama
For many expats, living in Panama requires an adjustment period. This “culture shock” can be minimized if new arrivals understand some of the potential issues of daily life in their new tropical home.
This Is the Tropics, After All
Panama is a tropical country; except in the highland areas, the areas along the coast and in Panama City are hot and humid much of the year. For many expats, adjusting to these temperatures can be a surprising challenge. While some like it hot, there are others who may feel that this climate change is too extreme for a long-term commitment.
Traffic Jams Exist in Paradise, Too
Expats who think that cities in Latin America will not have the same congested roads and traffic jams found in many major metropolitan areas of the U.S. are in for a rude awakening. Panama City’s traffic is notoriously bad and can remind residents of the traffic problems back in the States. Even on more rural roadways, rules of the road (think stop signs, red lights, no passing, etc.) are viewed more as “guidelines” than mandates.
Growth Is Challenging the Infrastructure
While Panama City has a modern and urbane environment, other areas of the country are less developed and far more rustic in nature. If having access to modern amenities is a requirement, this could limit the choices for relocation.
Language Is Still Important
Panama does have a significant number of English speaking residents – both native Panamanians and long-term expats who have lived in the country for a while. However, having at least a basic understanding of Spanish (particularly outside of Panama City) can make the expat transition much less difficult. For those who are linguistically challenged, having to learn a foreign language may be an overwhelming negative.
Panama City Is No Longer an Inexpensive Location
As Panama City has continued to grow and develop, prices for the rental or purchase of residential property have also increased. While some online sources tout the affordability of living in Panama, realizing that Panama City’s prices are not that much different from many U.S. cities is something to consider. Fortunately, there are still many properties outside of the metropolitan area that are less expensive and do have a tremendous potential for return on investment.
Adam Mizrahi
Make Living In Panama an Adventure
There are going to be other cultural and societal differences that will impact your daily life in Panama. The laid-back attitude of the country requires adjustment to such things as scheduling appointments, arranging for work to be done, or even standing in line at the store.
This slower, more casual pace, however, is also one of the most attractive features of living here. Remember that escaping the hectic pace of your U.S. lifestyle was one of the main reasons you made the decision to become an expat in the first place.
Embracing the differences, immersing yourself in Panamanian life, and appreciating the differences is the most important part of living in Panama. Take the time to visit the country and see for yourself what this Hub of the Americas is all about and, more importantly, whether Panama is right for you.