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.
Being charged by an ape and walking through miles of the oldest rainforests – this is the life of an environmental news reporter.
Rhett Butler, founder of the environmental news site MongaBay.com, joins the show. Find out what it is like to walk through some of the world’s oldest jungles.
Rhett also recounts getting charged by an ape and how technology is being used in creative ways to monitor protected animals. Join us for a great conversation and get some insight into what it’s like to cover environmental news.
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:
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- Click here for the Gallivanting show archive
The Show Notes
Learn more about Rhett Butler here.
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.
Jesse Thomas of Abundant Living Ecuador and I discuss the reasons to move to Ecuador. We talk about both the negatives and positives of living and working in South America. And explore why he chose to call the mountains home instead of the beach.
The podcast is investor-oriented, but we also cover life in Ecuador and that should appeal to anyone considering this diverse country. I also get Jesse to confess if he has tried the Ecuadorian mountain treat, Guinea Pig. Enjoy the show.
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:
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- Click here for the show archive
Show Notes
Get to know Jesse better here.
React to the Show
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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.
IMIX
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.
Viva Tropical Radio
Park and Josh look for a large tract of land for their next project. After combing through hundreds of options and locations they have narrowed it down to the Southern Zone of Costa Rica or Nosara, Costa Rica. Join them as they talk about the pros and cons of each site while walking around on the property.
Listen in as they discuss the process of deciding what direction to take or not take on a particular property. The initial stage of deciding what property is the best for them is only the beginning; the next steps of figuring out a plan and how it will work is where the rubber meets the road in this special episode.
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
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
React to the Show
We appreciate your reaction to episodes of Viva Tropical Radio and feedback about how we’re doing. Send us your thoughts any time in an email or comment below.
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.
audio-luci-store.it
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.
css.gob.pa
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.
After escaping prison in 2001, Joaquin “El Chapo” Guzman became the most wanted criminal in the world. The DEA, FBI, and Mexican authorities were all hunting him, but for some reason they couldn’t find El Chapo over the next decade.
Filmmaker Angus MacQueen doubted that with their virtually limitless resources these government agencies couldn’t find El Chapo, so he set out with a camera to find El Chapo himself and make a movie about the search.
This episode details what he did and how he survived the process. Josh and Angus discuss what it was like to gain unprecedented access into a shadowy world, how Angus became one of the only outsiders to access the Golden Triangle, and if he found El Chapo. The resulting movie is called “Drug Lord: The Legend of Shorty.”
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
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
React to the Show
We appreciate your reaction to episodes of Viva Tropical Radio and feedback about how we’re doing. Send us your thoughts any time in an email or comment below.
The Show Notes
- Learn about Angus MacQueen.
- Check out his movie here.
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.
What’s your pick for the best place to live and invest in the Latin Tropics? And what makes that location stand head and shoulders above the rest, in your opinion?
Is it the breathtaking scenery? One could argue that’s a common denominator among a lot of places down here. What about the quality of life? Is there one place that complements your ideal lifestyle better than any other?
What about other factors? Things like cost of living, investment potential, and accessibility. Those characteristics may be important to one person, but have absolutely no bearing on another individual’s decision-making process.
Mohamed Iujaz Zuhair
We’re Listing the Top 50 Places to Live and Invest. And We Need Your Help.
So, what’s the magic formula for determining the best destination in the Latin Tropics? Or is there one? That’s what we’re trying to find out as we undertake a massive project to research, rank, and relay the Top 50 Places to Live and Invest in the Latin Tropics.
Here at VivaTropical we’re asked all the time, by would-be expats and investors, where they can find their perfect paradise in Latin America. But even among those who inquire about moving down, their priorities are often all over the board.
Some want to know where they can score a rock bottom deal on tropical real estate. Others want to find property for sale in a place that already has all of the amenities they’ve grown so accustomed to in North America.
Still more want our opinion on up-and-coming tropical destinations where they could find success starting an expat business or developing rental property. Nobody seems to be looking for the same thing.
You Know What They Say About Opinions…
Not only do our real estate inquiries run the gamut from one extreme to another, so do people’s reactions to the things we have to say about the various cities in the countries we cover.
For every article we’ve written citing the amazing atmosphere and surfing conditions in this or that beach town, there are readers who comment about a terrible experience they had there or about how miserably hot it was.
The same is true for other types of destination. A place we think is a great up-and-coming real estate opportunity may be deemed by some as being in the middle of nowhere. And the vibrant cities we describe may remind some expats of the very same exhausting hustle and bustle that prompted them to leave their North American home.
And the thing is…they’re all exactly right!
Nick H.
The Truth About the Best Place to Live in the Latin Tropics
So with so many diverse needs and opinions among would-be expats and investors, how is it possible to say which tropical destination carries the most promise and potential?
We’ll answer that in two parts.
First of all, there is absolutely no perfect place on earth that is right for everyone. It just isn’t realistic. One man’s paradise might be another’s idea of hell on earth. And just because people are flocking to a certain popular destination in droves, that doesn’t mean the priorities of one specific couple or family will necessarily align with the rest of that community.
In short, the decision of where to live, relocate your family, or do business in the Latin Tropics is incredibly subjective. Don’t believe anyone who tells you differently.
The second part of our answer to this question is that, while no place is going to be right for EVERYONE, there are a number of places that will naturally appeal to a LARGE MAJORITY of like-minded folks. Those are the places we want to include on our list.
CW Goodroe
You Probably Have an Opinion of Your Own
And, with that in mind, we’d like your help. Maybe you’re a fellow expat who considered multiple destinations in Latin America before settling on your perfect piece of real estate. Or perhaps you’ve traveled extensively in the region and already have your heart set on the place you’d like to retire when the time comes.
Better yet, maybe you’re someone who had to try out several tropical countries or cities before you finally found the one that was right for you. Whatever your situation, we could think of no better way to kick off our research on the Top 50 Places to Live and Invest in the Latin Tropics than to ask you, our readers.
Now It’s Your Turn
Sure we have some criteria of our own in mind, on which we’ll be relying heavily as we compile our list. (And we can assure you it won’t be based on a single characteristic alone, but rather a collective consideration of many factors such as quality of life, investment potential, infrastructure, and more.)
But we still want to hear from you.
Which place(s) do you think deserve a place on our list and why? We welcome your input as we begin to explore the cities of the Latin Tropics from Mexico all the way to Ecuador. So please take a minute and answer our 5 question survey below. And be sure to check back soon to see if your favorite city made our list! Create your own user feedback survey
Podcast – Exploring the Last Frontier (the Ocean) with 11-Time Freedive Record Holder Hanli Prinsloo
Peter Marshall
Hanli Prinsloo is a Freediver and Ocean Conservationist who has had many incredible adventures, one breath at a time. Freediving is the practice of diving below the surface of the ocean on a single breath. Professionals can go hundreds of feet down in competitions, but freedivers also get to see things surface dwellers never even dream of experiencing. Like looking into the eye of a 60 foot sperm whale, sharks, or reaching a calm, deeply meditative place.
On this episode Josh and Hanli discuss how yoga and free diving have a lot in common, what it is like to swim with the giant animals of the sea, and why this sport could be the best hope for bringing awareness to the life in the oceans.
Hanli also takes us through a 200 foot dive and what it feels like and how you prepare to do it. Listen and hear a great example of someone following their lifelong dream and living in a way many have never considered.
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
- Click here to subscribe via iTunes
- Click here for the RSS feed (non iTunes)
- Click here for the show archive
React to the Show
We appreciate your reaction to episodes of Viva Tropical Radio and feedback about how we’re doing. Send us your thoughts any time in an email or comment below.
Show Notes
Learn more about Hanli here.