Living in Panama today can provide a wide variety of options for those seeking opportunities outside the U.S. and Europe to live, retire, and invest. Ranging from big city living to secluded mountain villages, Panama offers a selection of lifestyles that is second to none in Central America.

Panama City at Night
Panama’s Past Is the Cornerstone of Its Future
Panama’s history is one of change and growth. From its earliest colonial beginnings, to the construction of the Panama Canal, the turmoil of the late 20th century to the revitalization of today, Panama continues to thrive and offer fresh opportunities to live and immerse oneself in the diverse culture of Central America.
One of the major attractions in Panama is the lower cost of living throughout the country. With reasonable rents, lower food and medical costs, and a continuing growing standard of living, it is small wonder that Panama is viewed by many as picking up where other Central American countries have left off.
Living in Panama today provides a cultural and economic opportunity to share in a rich historical tradition while exploring and becoming part of a vibrant and exciting future. In a real sense, Panama’s past has become the cornerstone of the future potential as the country continues its course to becoming a premier expat destination in the 21st century.
Living in Panama – A Wide Choice of Locations and Climates
Panama is fortunate in that it offers variety in both climates and locations. Though located in tropical Central America, Panama has several “micro-climates” that reflect the many regions in the country.
For those seeking the energy and excitement of a modern city, Panama City is the place to be. The skyline along the beaches of the Pacific Ocean is more reminiscent of South Beach than an emerging nation.
The cool climates of the mountains in such locations as Boquete, Sante Fe and El Valle offer a nice contrast to the hotter, more humid beachfront locations. The La Armistad Biosphere Reserve, at Volcan, demonstrates both the geographic and meteorological diversity that can be found in Panama.
A more rustic lifestyle awaits expats looking to the interior communities of David and Chitre. Being able to become part of daily village life may be an ideal alternative for those wanting to avoid the more frenetic pace of larger cities.
Island Life – A Uniquely Panamanian Alternative
Having more islands than any other Central American country, Panama can boast of some of the best beach living in the region. The Las Perlas Islands group on the Pacific side and the San Blas Islands on the Caribbean coast contain the best beaches in Panama and are more affordable than many oceanside locations elsewhere.
Panama Is a Land of Potential on Many Levels
The aggressive efforts of the Panamanian government in recent years to attract foreign investment and to make Panama a desirable location for expats and retirees is beginning to reap dividends. Changes in residency laws, enhanced benefits for retirees, and a pro-business and investment approach is making Panama a model for Central American vibrancy in the 21st century.
New Residency Laws Make Living in Panama an Easy Choice
In May 2012, Panama enacted the Specific Countries Program. Under this program, holders of passports from the United States, Canada and many European countries can become Panamanian residents in as little as six to eight months.
As Panama’s economy continues to grow, the need for skilled workers has led to revisions in the laws impacting those who may want to work in their new expat location.
The Highly Skilled Worker Permit is one of these new revisions. Under this program, which is exempt from quotas and sponsorship requirements, all that is needed is a Bachelor’s Degree (or higher) and a letter from the perspective employer.
Living in Panama – Retirees Are More Than Welcome
Panama is making a major effort to attract retirees with the Pensionado (retirement) Visa program. Any person over the age of 18, with a guaranteed monthly income of $1000 from a government agency, such as Social Security or the U.S. Armed Forces, can qualify for this type of residency.
Holders of retirement visas receive many discounts and benefits in the form of reduced prices for a wide variety of services and items. Some of the most attractive of these discounts are:
| Discount | |
| Entertainment (movies, sports, etc.) | 50% |
| Airline Tickets | 25% |
| Closing Costs for Home Loans | 50% |
| Professional/Technical Services | 20% |
| Dental/Eye Exams | 15% |
With the Retirement Visa, an individual is entitled to a one-time tax exemption on imported household goods (up to a $10,000 limit). Another important benefit is a tax exemption every two years for the purchase or importation of a new vehicle.
Living in Panama – Growing Pains
For all the positives and potential that Panama offers, it is important to remember that this is an emerging nation in the throes of development. As a result, some of the challenges that expats may encounter may not be a good fit for everyone.
Infrastructure Is Not the Same Everywhere
The modern and urban environment of Panama City does not carry over to other parts of the country. Less developed regions in the mountains and further inland are far more rustic in nature. If having access to modern amenities is a requirement, this could limit the choices for relocation.
Changing Legal Environment
Not everyone has welcomed the efforts of the government to attract foreign businesses and workers to Panama. As a result, changing laws and regulations could impact residency and tax matters. This potential for change can be a negative for some who would like a more stable, less dynamic environment in which to invest.
Improvement and Construction Versus Quiet and Established
The constant improvement of Panamanian infrastructure and amount of new construction is certainly a positive for the country. With this growth, however, comes the disruption of the tranquil nature of many communities in the country. Navigating through construction zones and dealing with the issues that this kind of development brings may be a negative to those seeking a more rustic environment.
Discover the “Panama Potential”
The emergence of a growing real estate market makes doing research on what is on the market more important than ever. Whether the desired location is big city or rustic village, looking at what is available can provide a perspective on the true potential that can be found in the various locations of Panama.
Can you count on one hand (or with only one finger) the number of relaxing days when you’ve spent time alone this year? Are you at peace with your relationships? How would you score your creativity and peace of mind?
If you didn’t like your answers, you are not alone, literally! You are likely suffering from lack of solitude. Find a quiet place, free of distraction, and read this article. I’m going to explain why time alone can change your life.

Pete
The Power of Solitude: Why you need to spend time alone
Psychologists have diagnosed our technology-driven society “terminally out of touch.” Studies suggest that we’re not spending enough time alone–thinking, feeling, sensing, and observing our inner being. As a result, our personal relationships, our mental and physical health, our social skills and cognitive functions are all ailing. If we spend more time alone, psychologists contend, we can drastically improve and enhance all of these areas of our lives.
You may be thinking, “Wait a minute, if I’m isolated and lonely, I’ll feel worse, not better!” If that’s the case, you should read on to better your understanding of exactly what solitude means.
What solitude is (and is not)
Isolation is not the same as solitude. Likewise, alone is not the same as lonely. When you are lonely, you feel a void inside, unhappy. In contrast, when you are in solitude, you feel content and happy. Maybe it’s on your own private island or in a bustling city. But rest assured, you can find it.
“Solitude” does not imply you have to camp in the wilderness for days all by yourself. It’s true you can create space to be alone, in the company of others. Just stop doing for others and focus solely on yourself for a period of time. Voila! You’re on your way.
Solitude can cure what ails you
“Tidal pools, empty fields, mountains, trees, and oceans evoke peace and contentment. Something sacred fills these open spaces,” says Psychologist Ester Buckholz, in The Call of Solitude, Psychology Today. “Meaningful solitude allows you to connect with others in a far richer way.” Meaningful alone time, she says, “is a powerful need and a necessary tonic in today’s rapid-fire world.”
Are you ever irritable, but don’t know why? Next time you feel that way, take quiet time out to focus on your inner thoughts, feelings, physical sensations. You may be surprised what your insights reveal.
As you become more self-aware, you will become more curious and creative. When you find yourself in conflict with your spouse, friends, co-workers, or family, take time alone to reflect and contemplate. A few minutes of solitude can provide plenty of answers for what ails you.

Bronwyn May
Solitude is like a vacation.
Put work aside and make time to discover, relax, and recharge. Be creative and engage in activities that make you happy. “I’ve learned to create little islands of solitude in my daily life,” writes Kendra Kennison in her Oprah.com article, “Why You Must Have Time Alone.” The search for solitude leads to new experiences. Have you ever been on vacation some place that you didn’t want to leave?
Vacation time has inspired many people to purchase a second home in their favorite vacation spot, or to move there full time, searching for a place to escape–searching for a simpler life from the hectic world they live in. “A big part of being fulfilled and happy is in the choices you make. One of those decisions is where you spend your time,” says Josh Linnes, Co-Founder, VivaTropical.com.
Stepping out of society is good for the soul.
Are you feeling the need to escape from your frenzied world? If so, you have a lot in common with most of our society today. The time you spend “wired” to others has most likely increased. Your outdoor time, and alone time, have probably decreased. I’m willing to bet your modern life has most definitely become more complicated.
Once you learn to enjoy purposeful solitude you will experience cognitive benefits, like enhanced focus, memory, creativity, and concentration. Some studies suggest that time alone can result in lower rates of depression and increased self-esteem.

Craig Sefton
Where you can find it.
As you can see, finding solitude is more about your state of mind, not your actual physical location. Although a change of venue, particularly to someplace quieter where you can be in tune with nature, can certainly help. Here are some examples of where you can find solitude:
- In a crowd. Take an art walk through the city by yourself.
- With your spouse. Reflect, imagine, contemplate–while your spouse reads a book.
- At the computer. Research a new interest. Seek inspiration and knowledge.
- In creativity. Draw, paint, sketch, write, learn a new language, a new instrument.
- In travel. A local destination, Panama, Costa Rica, Belize? Go relax, recharge.
- In nature. Pull up a rock, stick your feet in the water, and listen to the unique sounds.
- If all else fails, you can always buy an island.
Hopefully these ideas will inspire you to find your own place of solitude. For business partners Park and Josh, their quest for solitude was a little bit more radical. Disgruntled with life in the U.S., they left it all behind. With families in tow, they set out to find a fortress of solitude in Latin America, and ended up buying an island. They can tell you precisely Why Island Living Isn’t Right for You (Or Is It?).
Certain that there might be other like-minded individuals who were searching for the same opportunity to slow down and get back to the basics, Josh and Park began working on their Adventure Colony concept. “Adventure Colonies are meant to be an escape from the rat race and encourage new, daily routines. Simplify your life, increase your relationship with the outdoors, and recharge your mind and body.”
If you feel the need to escape, relax, recharge, you might want to carve out a regular place you call home. Download our book to read more about Adventure Colony. It’s free.
Find your own fortress of solitude.
What makes a destination a great place to live? Is it the place with the most pleasant surroundings? The lowest cost of living? Or even the healthiest and happiest people?
In compiling my list of the best places to live in the world, I took into consideration all of those factors. Plus some others I’ll mention as we go. And the common denominator among all ten of my top destinations is that they’re all in Latin America.

liveandinvest
Why? Because the countries just south of the U.S. border have so much to offer in terms of natural beauty, authentic culture, unrivaled quality of life, and a heck of a lot of bang for your buck.
That’s why these ten best places to live in the world are becoming home to an increasing number of North American expats each year. Because when it comes down to choosing a place to actually settle down and dive into the local culture and become a part of the expat community, you just can’t beat these ten destinations.
Boquete, Panama
Panama consistently ranks among the top retirement destinations in the world, taking top billing again in 2014. And Boquete is its crown jewel, claiming more North American expats than anywhere else in the country, with the exception of the capital of Panama City.
Yet even with its status as a top expat hotspot, it still maintains a small-town feel, due in part to its quaint mountain setting and friendly locals. It’s also home to pretty much any type of business or service you could ever need, thanks to a long-standing expat presence.
Surrounding Boquete are cloud forests, coffee farms, rivers, and numerous other natural landscapes that offer a wealth of activities for the adventurous expat. The area enjoys spring-like temperatures all year, with frequent showers that produce almost daily rainbows.
The cost of living is low, although it’s slowly climbing as more and more expats settle in the area. With fantastic infrastructure and a lot of modern developments, it’s still a great value. Panama is also a favorite destination due to its attractive retirement program benefits for those who qualify.
Cuenca, Ecuador
Cuenca is another mountain town with a large expat community, and for good reason. It’s known for its rich culture, which includes its colonial architecture and a lively art and music scene.
Ecuador also boasts one of the lowest costs of living in the Americas. You can plan to spend less on everything from fresh produce to a renovated condo in the bustling downtown area.
Cuenca is home to a number of universities, making it a hub for international students. It’s also a great, safe place for families with its excellent education and health care options.
There are also plenty of great restaurants, bars, shopping centers, and all of the other creature comforts you’d expect to find in a metropolitan city. Yet it enjoys the same slow pace of life you’ll find throughout Latin America. It’s the best of both worlds.
Though it’s recognized for the terra cotta roofs and blue church domes that dots its city skyline, the area around Cuenca is equally breathtaking. It sits at the convergence of four rivers and is surrounded by mountains, offering plenty of opportunities for outdoor adventure.

Tierra Magica
Nosara, Costa Rica
Nosara is the perfect example of what happens when a city is founded with a plan and the residents remain committed to that vision for decades running. Once used for grazing cattle, the land in and around Nosara has been developed very intentionally, and the results are really remarkable.
No high rise condos block your view of the beautiful sunsets on Nosara’s pristine beaches. Numerous conservation efforts and organizations work to maintain the area’s natural surroundings.
Nosara is known for its surfing, yoga, and healthy lifestyle options. It’s also a great place for families. It’s safe and has several really good schools.
And Costa Rica’s laid-back lifestyle easily adds to the reasons Nosara is one of the best places to live in the world. The locals are incredibly welcoming, greeting residents and visitors alike with the phrase “pura vida” (pure life) that’s become a motto of sorts for the country.
Nosara has a good-sized expat community, as well as the established infrastructure and development you’d expect from such a world-class destination.

Steve D.
Roatan, Honduras
The largest of the Bay Islands, Roatan is a great choice if island living is what you’re after. With plenty of development and consumer options, as well as an airport with direct flights from the U.S., there’s little need to ever leave the island.
There you can enjoy every imaginable aquatic adventure. From sailing to sport fishing to kayaking through the mangroves, it’s all possible in Roatan. Just off the coast you’ll also find access to the world’s second largest reef system, which makes for some incredible snorkeling and scuba diving.
Because it hasn’t quite yet reached the popularity of some of its Latin island counterparts, Roatan is still a bit more affordable. However with its growing tourism industry, including frequent visits from cruise ship passengers, Roatan’s appeal is being discovered by more and more would-be expats each year.
Despite its growing population Roatan still offers some off-the-beaten path areas that offer plenty of solitude, including a few villages that still don’t have electricity.

VivaTropical
Boca Chica, Panama
Another Panama destination has made the list, thanks to its attractive retirement benefits and amazing investment opportunities. Boca Chica is an island destination that’s still relatively unknown but has the potential for tremendous growth in the coming years.
Located in the Gulf of Chiriqui, it consists of a mainland city and an archipelago of over 50 islands, many of which are completely uninhabited. Residents of Boca Chica can spend their days exploring otherworldly islands covered in rainforests, mangroves, and even white sand beaches.
And because of its convenient location, those same adventurous expats can then take a quick shower and drive 45 minutes to enjoy a first-rate steak dinner in a world-class restaurant in the nearby city of David.
It’s this strategic location, combined with a whole host of ongoing infrastructure improvements, that makes Boca Chica real estate such a great investment.
An airport expansion that’s now bringing in direct international flights is among one of the biggest value-adds the area has seen. Folks can now fly in to David from anywhere in the world and find themselves in Boca Chica in under an hour.

P. Schenll
Granada, Nicaragua
Granada is another colonial city that’s absolutely brimming with culture and charm. Horse-drawn carriages still dot the cobblestone streets. If it weren’t for the freshly-painted tropical colors on the historic buildings, you might think you’d stepped back in time.
Well, that and the modern amenities available in the city, a stark contrast from the wilderness that occupies most of the rest of the country. In what’s a mostly underdeveloped country, Granada offers things like reliable utilities, four-star restaurants, and state-of-the-art fitness centers.
It’s located on Lake Nicaragua, one of the largest freshwater lakes in the world. It’s also surrounded by several volcanoes, so plenty of opportunities for exploration abound.
Granada is a town that fought its way back from near demise due to bankruptcy and other issues, but you’d never know it today. Instead, modern-day Granada is abuzz with construction projects and up-and-coming developments.
Granada real estate is extremely affordable, as is the cost of living in the country. It’s home to a number of expats, many of whom are involved in humanitarian efforts in the surrounding impoverished areas.
Ambergris Caye, Belize
If you want to feel like you’re on vacation 24/7 then look no further than the island of Ambergris Caye. Due to its status as a tourist mecca, it’s ripe with all kinds of activities and attractions.
There are surf shops and scuba schools, beach-side restaurants and bars, and plenty of flip flops and floral shirts. In fact, most of the island’s inhabitants are foreigners, particularly those who operate enterprises geared towards other expats and visitors.
The large expat community isn’t the only thing that makes Ambergris Caye feel familiar. Because Belize was originally a British colony, it’s the only Central American nation whose residents rely on the British legal system and speak English as their official language.
Among the biggest perks of the island are that it’s an ocean lover’s dream. Thanks to its proximity to the Belize Barrier Reef, the second largest in the world, it’s the perfect place to enjoy scuba diving, sailing, and sport fishing. You can also explore the more than 450 other islands that lie off the coast.
Antigua, Guatemala
If you’re looking for a place that’s a little less popular among expats and tourists, then you should definitely check out Antigua. It’s a well-preserved colonial city nestled in between some amazing mountains and volcanoes, which make for an impressive skyline.
Because it’s not as highly sought after as some of the other destinations on the list, the cost of living in Antigua is probably a little less than in some of its Latin competitors. Real estate is a great bargain, as are essentials like fresh fruits and veggies and utilities.
With the low cost of living, it’s also possible to splurge on luxuries such as domestic help, which at only $2 or $3 per hour is something many expats are thrilled to find that they can afford when they relocate to the tropics.
In addition to the mountainscapes, Antigua is also decorated with beautiful flora and fauna, as well as the cobblestone streets and other charming touches you’d expect in an ancient destination.
Equipped with just the right amount of infrastructure, Antigua is also known for its Spanish language schools.

Phil
Placencia, Belize
If you like Belize but aren’t crazy about the gringo-saturated island culture then the mainland city of Placencia is another place worth the title of best places to live in the world. If the islands are like living on a resort, then Placencia is like relaxing on a postcard.
The beaches are wider, whiter, and less crowded than in places like Ambergris Caye. There are still plenty of activities to enjoy, but there are also more places to spread out or even find a secluded spot all to yourself.
There’s also a more authentic Caribbean vibe on the mainland, which many expats prefer. It has an even more laid-back atmosphere (if that’s possible), with not even so much as a paved road anywhere in town.
As opposed to the expat-run businesses on the island, the locals are very involved in commerce in Placencia. They even offer guided diving and fishing excursions to visiting foreigners.
Plus, since Placencia is on the mainland, it’s also close to a number of activities suited for the land lover, like jungle exploration and archaeological sites.

Alex Torres
Lake Chapala, Mexico
Understandably Mexico is home to more U.S. expats than any other country. And, other than the border town of Tijuana, the majority of those live in the Lake Chapala area. So suffice it to say that 40,000 U.S. expats would agree that this city is one of the best places to live in the world.
Mexico’s largest freshwater lake, Chapala was once planned as a luxury resort town. It serves as a weekend getaway for locals from Guadalajara and has attracted expats for decades, including Tennessee Williams who chose it as the site from which to write A Streetcar Named Desire.
In addition to the beauty of the lake and surrounding mountains, Lake Chapala offers an ideal climate year-round. It’s also famous for its mariachi music.
Which of the best places to live in the world is right for you?
So if stunning scenery and adrenaline-pumping adventure are your thing, there’s a place on this list that’s right for you. If sustainable living and a relaxed vibe are what you’re into, there’s a destination where you can find those as well.
I’ve done the hard part by laying out the ten best places to live in the world. Now all you have to do is narrow it down.
Debbie Fishell knows what it’s like to travel internationally, take up a new residence abroad and invest in offshore real estate.
She recently sat down with Viva Tropical to chat about why now is the right time to move, invest, play, and “escape” to Puerto Armuelles, Panama, probably one of Panama’s most hidden up-and-coming investment hotspots.

Debbie Fishell
Why does Puerto Armuelles make a good place to invest?
Beautiful beaches! Puerto Armuelles is the second largest city in the Chiriqui province, with about 22k residents, and the only city on the Pacific side of Panama that is actually right on the beach.
Beachfront property is still affordable in this area, but don’t expect it to stay that way as more people hear about Puerto. I’ve seen beautiful Panama Real Estate beachfront lots here for $35k!
Puerto was a bustling town in the 1950’s when Chiquita Banana operated here, providing many jobs and building infrastructure. The banana company pulled out about eight years ago, leaving most of the town’s people unemployed, which is currently evident in the many homes and structures that are in disrepair. Many of these buildings can be purchased for a very low price and rehabbed for re-sale. I have seen older homes as low as $15k! Negotiations have been ongoing and, it looks like Chiquita will soon be up and running in Puerto Armuelles again.
A few miles south of town is a company called Petro Terminal Panama (PTP). The PTP facility has the capacity to pump over 850,000 barrels of crude oil per day through the pipeline from the Pacific shore to the Caribbean shore. There is currently a plan by American Occidental and Quatar Petroleum to build a multimillion dollar refinery close to the existing PTP facility, which could potentially bring millions of dollars into the local economy and become one of the area’s main employers.
There is also talk of a new Deep Container Port just outside of Puerto Armuelles. This future port would have 217 storage facilities, a deep-water container area, cruise ship landing, and a marina with a dry dock.
In addition Puerto Armuelles was designated a Free Trade Zone in 2001 (Baru Free Zone) for business and commerce, to make the area more attractive to private capital investors. There are currently numerous incentives to establish businesses in the area. Baru is the second largest free trade zone, after Colon, in the entire country.
Major highways are being built, a new large-scale cement plant is almost completed, the new and proposed businesses I mentioned above, all mean thousands of jobs and opportunities are being created for locals and foreigners. These people are going to need places to live and local business to help support their needs. Business opportunities abound!

Debbie Fishell
Are expats living there?
It’s tough to pin down exact numbers. Informal estimates are that there are about 400 expats living in the area. Most of these are concentrated at the beach or in Las Palmas, a neighborhood that was once the gated community for the Chiquita Banana Company executives.
There are about 45 homes in Las Palmas and I’ve been told that about 40% of those are owned by expats. There is an active Yahoo group where expats post questions and there are occasional gatherings. Right now there is a group working together to restore the old community swimming pool in Las Palmas, which is scheduled to open in December 2014. There is also a tennis court in the neighborhood!

Debbie Fishell
What are the main attractions to the area?
There are currently only a couple of very small hotels and decent restaurants (entrepreneurs: hint-hint) in Puerto Armuelles. There are numerous opportunities to attract visitors however. The beaches are fabulous and there are no crowds there, for now. Swimming, surfing, and canoe paddling are perfect sports for Puerto’s beaches.
Fishing offshore is some of the best in the world – yes, I said world! Chiriquí Bay has been featured in international fishing magazines for the amazing sport fishing here. There are a couple of fishing lodges in the area that cater to fishermen. The bird watching in the area is amazing! I have about 50 Amazon parrots and numerous other birds, that come by my house daily. Hiking and horseback riding offer great ways to see the beautiful, tropical countryside and exotic wildlife.
All of the amenities a person needs are here. There are supermarkets, hair salons, retail stores, gas stations, a hospital, and several banks. There is even an alternative medical clinic! Puerto is only about a half hour drive to Costa Rica and one hour to David, the second largest city in Panama. The best part of Puerto is the sense of community here. Everyone smiles and says “hola” or “buenos” when they pass. It is a town known for being “tranquilo” – no stress!

Debbie Fishell
Are there any major infrastructure changes underway or coming?
The road from the PanAmerican Highway (Paso Canoas) has been under construction to expand it to a four-lane road and is nearing completion. President Varela recently signed an agreement to improve the road going out to the beach community of Limones, south of Puerto and heading towards PTP.
New water and sewer pipes are being installed soon; we’ve see the surveyors out marking the streets recently. There is also a new, very large, commercial cement plant that is almost completed on the road coming into Puerto. A new hospital expansion is also underway.
Who would enjoy living in Puerto Armuelles?
Puerto Armuelles is a great place to live if you are an entrepreneur and have the vision to help create businesses as they are needed or build and/or rehab homes to sell to the new residents who are coming. I believe there are many opportunities available for the foreseeable future.
Puerto is also a perfect destination for anyone who wants to truly immerse themselves in the Panamanian culture; very few locals speak English here but they are genuinely friendly and eager to help you. The beaches are beautiful, with amazing fishing and even good surf sometimes.
There are fertile nearby “fincas” (farms) for sale on the outskirts of the town for very low prices. I recently looked at a one-acre farm with a house, fruit trees and gardens, water, and three new cement pig pens for $29K. These can easily be set up as a self-sufficient homestead for anyone who desires quiet seclusion or a perfect “bug out” location.
Is it a problem buying property so close to the Costa Rican border?
I wouldn’t call it an issue, but I would recommend using an attorney that is knowledgeable about real estate law here, or anywhere in Panama for that matter.
There are laws regarding how title can be held within a certain distance from beaches and the Costa Rican border. In Panama, real estate is typically Titled (able to get title insurance) or what is call R.O.P. (Right of Possession) property.
There are pros and cons to buying ROP real estate, so it should be investigated thoroughly before purchasing to see if it fits your expectations. Some of the ROP properties, which are generally near beaches and borders, can be a safe investment and many can be titled for a fee. Personally, I bought property that I could get a clear title on.
Learn more about Debbie, through her postings on Escape Artist.
A “bucket list” is a collection of places to see and things to do before you die. There are so many once-in-a-lifetime activities to engage in and places to visit throughout Central America that could, literally, fill many bucket lists. Yet there are some that are truly must-see locations and unique adventures that make the Central America Bucket List one that everyone should try and check off.

Kenneth Garcia
The Central America Bucket List – a blend of history, culture, nature, wildlife, and adventure
If you’ve ever wanted to explore ancient ruins, immerse yourself in a totally different culture, stand in awe of a natural piece of beauty, get up close and personal with creatures of the jungle or try something new like zip-lining or deep-sea fishing, you have already created your ownCentral American Bucket list.
The places and activities that are listed below are not in any particular order of importance or priority. All should be seen and experienced regardless and truly appreciated for the wonders that they are; they may even inspire you to create your own list as well.

Tikal, Guatemala
Mayan Ruins – Tulum, Mexico and Tikal, Guatemala
The Mayan Civilization has long held a fascination for many people. Viewing the towering pyramids and intricate ruins can make memories that last a lifetime. Two of the best known locations that embody this vanished culture are the ruins in Tikal, Guatemala and Tulum, Mexico. Separated by only 600 kilometers, these two iconic locations symbolized the height and power of the Mayan culture.
Visiting the imposing Temple of the Jaguar in Tikal or the majestic and well preserved “City of the Sun” in Tulum, Mexico can be an awe-inspiring reminder of how important enjoying each day is and that nothing is eternal. With nearby airport access to both sites, such in the Mayan Riveria, the Central American Bucket List items are ones that everyone should see and experience.

Arenal Volcano
The Arenal Volcano in Costa Rica
Of all the volcanoes throughout Central America, none is more majestic than Volcan Arenal in Costa Rica. Still active (although quiet of late), this imposing and beautiful mountain towers over the surrounding region, including Lake Arenal, at a height of 5,437 feet and is easily accessible from nearby San Jose.

Jugrote
Lake Nicaragua
This is the biggest lake in Central America and the 19th largest in the world. Easily reached from Managua, this fresh water wonder boasts something that most fresh-water bodies of water lack: sharks. The bull sharks of Lake Nicaragua can grow up to 11 feet in length; encountering one of these predators certainly falls under the category of “Well, there’s something you don’t see every day”.

Chadica
Whitewater rafting on the Pacuare River, Costa Rica
Ranked as one of the top ten whitewater rafting locations in the world, the Pacuare River can provide the kind of adrenalin-filled adventure that should be a part of everyone’s bucket list. Combining the stunning beauty of the area with the heart-stopping class III and IV rapids, this river adventure is truly a ride for the ages.

Guillén Pérez
Meet a Mayan Shaman
With all of the recent attention paid to the Mayan Calendar and the mysticism surrounding it, the opportunity to meet and interact with a genuine Mayan Shaman could be a life-changing experience. Practitioners of this ancient spiritual craft can be found in Belize, Honduras and Guatemala and are more than ready to share their wisdom and provide a unique insight in the Mayan World.

Jasperdo
Tour the Panama Canal
Since its completion in 1914, the Panama Canal has been the major waterway between the Pacific and the Atlantic Oceans, fulfilling the dream envisioned for centuries. Modern tours through the Canal provide a special opportunity to view this engineering marvel and follow in the footsteps of explorers from the mists of history who had searched for this passage.

Galapagos Islands, Ecuador
The Galapagos Archipelago
Darwin’s visit to this group of islands, part of modern-day Ecuador, and filled with a vast collection of unique and endemic species, led him to develop his theory of evolution and natural selection. Following Darwin’s path will permit visitors the chance to discover penguins, giant tortoises, and many other creatures that cannot be found anywhere else in the world.

Tony Mendez
Whale watching in Costa Rica
The humpback whales migrate along the Pacific Coast of Costa Rica from between August and October every year. Being able to see these leviathans of the deep in their element is a magical and moving sight and should be a part of every bucket list.

Stephen Johnson
Ambergris Caye – home to the second largest coral reef system in the world
The coral reef along Ambergris Caye, Belize, is second in size only to the Great Barrier Reef in Australia. Being much more accessible than the great “Down Under” this unique and fragile ecosystem is worthy of a special place on the list.

Peace Garden Toucan
Have a toucan on your arm – the Peace Garden at La Paz, Costa Rica
Everyone has seen these colorful, comical birds but have you ever had one on your arm? At the Peace Garden, La Paz, Costa Rica, getting up close and personal with these multi-colored creatures is easier than you might imagine and certainly something that is not an everyday occurrence.

Steven Depolo
Rainforest adventures – zip-lining, hiking, waterfalls, and animals
Central America has wonderful opportunities to visit rainforests throughout the region. Zip-lining, hiking to secluded waterfalls, horseback rides through the jungle and seeing exotic birds, monkeys, sloths, and many other creatures in their natural state makes this a true bucket list item to be experienced and treasured.

Johnathan Nightingale
Monteverde Cloud Forest – home of the Resplendent Quetzal
Perhaps the best know cloud forest in the world, the Monteverde Cloud Forest has a charming and rare resident–the Resplendent Quetzal. Discovering this regal bird in the stunning backdrop of a cloud forest is a special treat that should be included in any bucket list. Stand on the Continental Divide with one foot on the Caribbean side and the other on the Pacific-something that can’t be done any place else.

Ari Bronstein
Deep sea fishing
Have you ever wondered what it would be like to have a blue marlin on the end of your line, fighting you every step of the way? Deep Sea Fishing in Costa can fulfill this “bucket list” wish; tuna, wahoo, sailfish and, or course, the mighty Marlin are all there waiting for the right angler and the right moment–a moment that can be yours.

Steven Gerner
A sea turtle haven – Tortugero, Costa Rica
For the nature lover, visiting the spawning and hatching ground for sea turtles can be a special item on a bucket list. Tortugero, on the Caribbean side of Costa Rica is the place where green, leatherback, and the rare hawkbill turtles can be seen nesting and hatching in the cycle of life. The National Park is also home to jaguars, tapirs, macaws, and monkeys.

Elena G.
The haunted island of San Lucas, Costa Rica
If paranormal investigation is part of your bucket list, the former prison island of San Lucas, Costa Rica will fulfill this desire. Long known as a haunted location, San Lucas has been featured on television and on numerous sites about ghost hunting. Bring your recorders and cameras and see if you can capture the spirits said to still remain there.

Lee Shaver
The Central America Bucket List – getting there is easy
Central America is readily accessible from the U.S. and Europe. Regularly scheduled flights to and from major jumping off points such as San Jose, Costa Rica, Panama City, Panama, Managua, Nicaragua, and Guayaquil, Ecuador–to name but a few–make getting to those bucket list locations convenient and affordable.
There are many tours and travel packages that are available that can be tailored to meet every desire and wallet size. Exploring and experiencing the wonders of Central America has never been easier.
The Central America Bucket List – living there is easy as well
As you explore, check off, and add items on your particular “Central America bucket list” you may discover that the best way to do and see everything is to actually live in Central America. With so many options available–from lots, homes, apartments, condos, and even commercial properties–living in Central America can be a desirable alternative to traveling and can place you in the heart of the experiences and adventures of a lifetime.
Good news if you’re an expat living in Latin America or if you’re thinking about making the jump: safety and security is improving in numerous regions, according to several key criteria. A recent Gallup Law and Order Index looked at local perception of crime in each Latin American nation and found several countries had made big jumps in safety.

Irving Martínez
Why is this particular survey significant?
Because it is based on residents’ personal experience with criminal elements and their feelings about how secure they are in engaging in day-to-day activity. Rather than relying on a third-party assessment, this survey used face-to-face and phone interviews to get down to the local level to see what’s really happening.
The Gallup Law and Order Index examined perceptions from 2013 and compared them to data from 2009. Three main points were considered:
- Confidence in the local police force
- Feeling of safety walking alone at night
- Incidents of property or money stolen from the participant or family member within the last 12 months
So, what did the results show?
Panama is tied at the top as the safest country in the region and went up seven points in its score over the last four years. This should come as no surprise to expats who are already enjoying the pristine beaches and undisturbed jungle of Panama’s more rural areas or to those who have flocked to Panama City, making it a premium retirement destination.
Nicaragua tied with Panama as the safest perceived country in Latin America, up nine points from 2009. Both nations have experienced marked economic growth and a decrease in crime and political violence. Rounding out the top four were Chile (up seven points) and Ecuador.
Ecuador is a fantastic study in what can be accomplished in a relatively short time to both decrease actual crime statistics and boost public opinion about security. President Rafael Correa attributes his nation’s 14-point leap in the Gallup rankings to a three-tiered approach to fighting crime:
- Increased emphasis on arms control
- Widespread judiciary reform
- Improved methods for the capturing of criminals
Ecuador’s new ECU-911 system, implemented in 2012, plays a large part in this. The program coordinates national police, firefighters, armed forces, and transit authorities, as well as other government ministries and organizations, in order to respond immediately to emergencies.

Ana Freitas
The implications are important
The implications of the Gallup Law and Order Index are important not just to your personal safety, but to global economics as well.
Let’s get macro here for a second. A country’s annual gross domestic product (GDP) is basically the sum of what everyone in that country earned in the course of a year or what they spent in a year (those two sums should be about equal). GDP is therefore a primary measure of the health of any nation’s economy.
What happens when crime goes up? GDP goes down. Tourism is reduced, police costs rise, and there is a significant loss of income from incarcerated or otherwise non-participating individuals. Gang-related crime preys on this economic vulnerability, and local businesses suffer. Moreover, foreign investors run the other way, as a bad economy is no place to put their money. The cycle continues, and it can be devastating for a country until they figure out how to turn it around, largely by decreasing crime.

Jurgen Proschinger
That’s all well and good, but what does this mean for you?
If you’re going be investing your hard-earned cash in a foreign economy, you want it to be a stable one where crime is on the downturn and GPD is climbing. This is one of the reasons Panama continues to be so popular right now. It’s been steadily raising its GDP over the last decade and is predicted by the IMF to remain solid.
The Gallup Law and Order Index confirms what many people intuitively feel about crime and macroeconomic growth. Furthermore, the survey’s use of direct contact with the participants lends it a high confidence level (95%) that may not be achievable in other less objective studies conducted by local government or police.
It’s important, too, to look at the overall trends in this survey, rather than just pure rankings. Latin America as a region has improved since 2009. And look at the numbers for Colombia and Costa Rica, for example. Colombia is now perceived as being as safe as Costa Rica. Does that make Costa Rica any less safe? No, it simply points to the strides that Colombia has made in improving its safety and security.
While there are still pocket of violence in Honduras, Guatemala, and Mexico (particularly in the U.S. border regions of the latter), overall things are looking promising for Latin America. Knowing how the locals feel about their personal safety is the first step in addressing crime issues that have far-reaching effects on both the macro- and microeconomic level.
The best Central America hikes are certainly not your average walk in the park. For those who seek the “road less traveled” Central America is the place to visit and explore. Lush jungles, hidden waterfalls, breathtaking mountain vistas and untapped natural beauty make this part of the world a veritable hiker’s dream.

Wood Buildings-Cusuco National Park
Best Central America Hikes – Many Choices from Mild to Wild
You don’t have to be a hard-core experienced trekker to enjoy the wonders of hiking in Central America. There are many options throughout the region ranging from downhill jungle paths to rugged volcano trails and everything in between. The only hard part might be having to make a choice between the wonderful and diverse locations of the best Central America hikes.
Cusuco National Park, Honduras
If hiking along lush jungle paths, seeking out hidden waterfalls, and discovering exotic animals in their natural state sounds like your kind of adventure, then Cusuco National Park in Honduras is certainly the place for you. The primal force of Pulhapanzak Waterfall with its 140 foot drop, the mystery of the Taulabe Caves, and rich biodiversity of the jungle itself make this one of the best Central America hikes.
Chimborazo Circuit, Ecuador
On the other end of the hiking spectrum is Chimborazo Circuit in Ecuador. This multi-day experience along the “avenue of the volcanoes” is home to several peaks above 16,400 feet including mighty Chimborazo whose 20,564 height makes it the farthest point from the Earth’s surface at the Earth’s center.
Camping in tents, exploring glaciers and local villages, and become immersed in the culture and lifestyle of the Andean highlands are just some of the reasons that make this one of the best Central America hikes.

The Quetzal Trail, Panama
The Quetzal Trail, Panama
Panama’s foremost day hiking trail is the Quetzal Trail. Winding through the Volcán Barú National Park along the northeastern side of the volcano, this jungle path is home to its namesake, the stunning Resplendent Quetzal.
The trail is mostly a downhill trek through unspoiled primary jungle from Cerra Punta to the village of Boquete. Travelers can actually have their luggage sent ahead from Cerra Punta to their next lodging in Boquete which is just another feature making this one of the best Central America hikes.

Miguel Vieira
Corcovado National Park, Costa Rica
If true biodiversity is what you are looking for in a hiking experience, the Corcovado National Park in Costa Rica is the perfect destination.
From empty beaches along the Pacific Ocean, lush coastal forests filled with exotic jungle life such as monkeys, sloths, and the elusive jaguar with flocks of scarlet macaws in the trees, Corcovado may be one of the most unique and special hiking locations on Earth. With a ranger station that welcomes campers, Corcovado is clearly one of the best Central America hikes.
Maribos Volcanic Range, Nicaragua
Imagine hiking 21 volcanoes in seven days! The Maribos Volcanic range near Leon, Nicaragua can provide just that kind of adventure. With trails that can vary in difficulty depending on your preference and skill level, the Maribos Range, including the daunting Momotombo Volcano is just the kind of challenge hikers love to embrace, making another of the best Central America hikes.

Arenal Volcano
Arenal Volcano, Costa Rica
For sheer beauty, the Arenal Volcano and the surrounding area in Costa Rica is nearly impossible to beat. With a huge reservoir, a 2900-hectare national park, numerous accessible trails running through cloud and rain forests that surround it, hiking Arenal is definitely a must-do as part of the best Central America hikes.
Lake Atitlan Volcanoes, Guatemala
The three volcanoes that surround Lake Atitlan in Guatemala provide a variety of hiking adventures in one of the most picturesque locations in the world.
The tallest of the three, Atitlan (11,601 ft.) offers an 8 hour trek to a summit that provides a stunning view of the Pacific Coast; San Pedro (9,906 ft.) will allow those who make the 4 hour climb a chance to view and discover plants and animals rarely seen elsewhere; Toliman (10,358 ft.) has a forest area near the summit for camping. Having three different hiking choices in one location is unique among the best Central America hikes.

Monteverde Cloud Forest
Monteverde/St. Elena Cloud Forest Reserve, Costa Rica
No list of the best Central America hikes would be complete without including the Monteverde/St. Elena Cloud Forest Reserve. Filled with numerous trails that are well maintained and easy to navigate, Monteverde offers unparalleled natural beauty, a chance to see flora and fauna that are both unusual and rare including the Resplendent Quetzal. Lodging choices nearby complete a near perfect picture of nature hiking at its finest.
Guanacaste National Park, Belize
This 50 acre preserve is a birdwatcher’s paradise and another of the best Central America hikes. Located in the center of Belize, just 2 miles from the capital city of Belmopan, the small size and easy access makes it convenient for casual nature hikes as well as the opportunity to enjoy both the natural features, in terms of exotic plants and animals, and the cultural aspects of life in Belize today along with its Mayan past.

Brian B.
Pico Bonito Park, Honduras
Meaning ‘beautiful peak”, Pico Bonito is definitely a hike for those with expedition experience and a love of adventure. The over 300 species of birds, jaguars, pumas, and the every present howler monkeys make this journey one that is not easily forgotten and clearly, one of the best Central America hikes.
Pirre Mountain, Panama
The hike to the summit of Pirre Mountain, Panama follows a challenging jungle trail in one of the country’s most remote regions. Monkeys, sloths, exotic birds, and a great collection of trees and flowers make this difficult trek more than worth the effort and certainly worthy of being considered one of the best Central American hikes.
Get Close to the Best Central America Hikes
With some many choices for hiking adventures throughout Central America, the best way to experience them all is to find your own “base camp” to allow you to visit and explore on your schedule. Finding places to live, short term, long term, or even purchase is easier than you might imagine and just a mouse-click away. Let your trek start now!

Viva Tropical Radio
Josh talks to Eduardo Carillo, Jaguar expert and professor at University of Costa Rica. A legendary animal, the Jaguar is a Native American word meaning, “he who kills with one blow.”
The cats were once worshiped as gods in Peru, Mexico, and Guatemala, as well as in pre-Columbian America. The Mayans, Aztecs, and Inca all worshiped the Jaguar in some form too.
Eduardo has spent over 25 years, in many different countries, learning about these incredible animals. Find out what he knows and how it all began, while we discuss one of the most fascinating and elusive inhabitants of the rainforest.
In this episode, we discuss:
- What brand of cologne attracts the big cat
- How to help protect Jaguars
- How to spot one
And much more.
Listen to the show
You can listen to the show using the player above or grab it and listen on the go via one of the following options:
- Click here to download the mp3 (right click and then click “save as”)
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
The Show Notes
Contact Eduardo directly to support his work studying and protecting Jaguars.
Do you love the climate and natural beauty of Boquete but hate the overcrowded, touristy feel it’s developed of late? Then you should check out Volcan, Panama.

Rich Young
Located just around the corner, on the other side of the Baru Volcano (the country’s highest peak, at 11,400 feet), Volcan offers many of the same inherent benefits as its neighbor. However, it comes with a simpler lifestyle, a more authentic Panamanian feel, and a considerably lower price tag.
Volcan, Panama, offers a cool mountain climate and incredible weather year round.
Much like Boquete, Volcan’s elevation of between 4,000 to 5,000 feet allows for spring-like temperatures all year long. With lows nearing 60 and highs that rarely exceed 80 degrees Fahrenheit, there’s no need for heat, air conditioning (other than a ceiling fan), or multiple seasons of clothing.
You can move to this serene mountain town with just a light sweater for evenings and a rain jacket for the afternoon showers. Many expats choose it for its quaint pastoral setting, which some compare to a Colorado town without the snow, and the many opportunities for healthy living that are created by the climate and the abundant natural resources.
The area is blessed with rich, fertile soil that’s ideal for growing coffee, flowers, oranges, and many other crops. It’s also an important area for cattle farming, with 80% of the country’s milk, meat, and vegetables coming from the region. There are also numerous streams for fishing, and fresh fish and produce are widely available at roadside stands.

D. Delgado
The town is pleasantly less developed than Boquete.
With only about 10,000 inhabitants (of which about 250 are North American expats), Volcan is on the smaller side. As a result, there are no shopping malls, fast food chains, or movie theaters. However it still has everything you need to enjoy a simple lifestyle.
There are several large supermarkets, four hardware stores, three banks, pharmacies, bakeries, medical centers, gas stations, internet cafes, and more. There are also about 30 places to eat. They’re all small, charming, and locally owned.
For anything beyond your basic needs, up to and including a large hospital, you’ll need to make the 45 minute drive to David. For many expats, the simplicity and quaintness are worth the trade off.
Despite its size, Volcan has surprisingly good infrastructure. Even the winding roads that lead up to the town are paved and well-maintained. The tap water is drinkable. The electricity is reliable. And internet and cable are readily available.
Volcan also has a much more laid-back social scene than most of the larger cities. There aren’t a lot of hopping nighttime hotspots. However, there are a couple of bars, a disco, and even a pool hall in town.

Adam Mizrahi
Yet Volcan offers just as many amazing natural attractions as nearby tourist hotspots.
One thing’s for sure. Volcan’s small size certainly doesn’t translate into any fewer ways to enjoy the outdoors, as it offers a wealth of activities to adventure lovers of all kinds.
Sweet-water fishing is a popular pastime of locals and visitors alike. You can also spend time mountain biking, hiking, or whitewater rafting. A particular favorite is the hike up to the peak of Volcan Baru, where those who are blessed with a clear day can enjoy views of both the Pacific and Atlantic Oceans.
The region is also great for birdwatching, as both Volcan Baru National Park and La Amistad Park offer sightings of the elusive resplendent quetzal. There’s also Sitio Barriles Museum, a pre-colombian archeological site full of ancient remains such as statues, pottery, and other artifacts.
Volcan, Panama is also home to some incredible real estate opportunities.
With its immense beauty, amazing climate, wealth of natural attractions, and close proximity to a major city, you’d expect Volcan, Panama real estate prices to rival those in some of its popular neighboring cities. Guess again.
In addition to its significantly lower cost of living, Volcan also has plenty of homes priced well below the cost to buy a comparable property in most Panamanian towns. Like most areas, pricing varies widely with properties costing anywhere from $40,000 to $150,000 or more.
There are also plenty of lots available if you prefer to build your dream home on a large tract of land, next to a trout-bearing stream, with sweeping views of the surrounding valley. If you have closer to $200,000 to spend you can find a North American style home with acreage and all the modern conveniences.
Volcan’s expat population is still small, but word is definitely spreading about this quaint country village. There’s a growing number of residential developments under construction to accommodate the increasing influx of expats to the area.
The spike in interest has also resulted in several years of steady appreciation of Volcan, Panama real estate. The newly expanded international airport in David is also having a tremendous effect on property values in Volcan and throughout the Chiriqui Province, as visitors from various cities around the world can now easily access the area’s many attractions more easily than ever.

Rich Young
Now is the time to buy or invest in Volcan.
If the simple, country life sounds appealing to you, then you should definitely check out everything that Volcan, Panama has to offer. If you think it needs a few more amenities before it would suit your tastes, then you shouldn’t have to wait long. As the population grows, so will the number of services offered.
Better yet, don’t wait at all. Take advantage of the opportunity to use your entrepreneurial talents and fill a niche with the expat business you’ve always dreamed of opening. It could be just the ticket to a lifetime of success and happiness in charming Volcan, Panama.
Map of Volcan, Panama
Volcan, Panama Fast Facts
- Population: About 10,200
- Typical temperature: From 60 to the mid-80s Fahrenheit
- Nearest airport with U.S. flights: Tocumen Airport. Domestic flights to Panama City, Panama and international flights to Costa Rica depart from Enrique Malek International Airport in David
- Nearest U.S. consulate: Panama City, Panama











