Panama City: The Central American Gem Set to Shine for Travelers and Expats in 2024

In the heart of Panama City, a captivating blend of history and modernity has transformed this Central American destination into a burgeoning hotspot for tourists, digital nomads, and expats, as reported by Forbes. Panama City seamlessly marries a contemporary skyline, reminiscent of Miami's Brickell neighborhood, with the charming allure of Casco Viejo, a UNESCO World Heritage site resplendent with neoclassical architecture and elegant French Colonial structures.

As Forbes reports, Panama City is gaining momentum and poised to become a premier destination in 2024. Tocumen International Airport's expanded terminal is facilitating an influx of direct flights from the United States, while the allure of a golden visa and a digital nomad program, as Forbes highlights, simplifies the process for newcomers, setting Panama apart from other international programs.

Forbes further emphasizes that the city's architecture may feel familiar to visitors from various parts of the world, but the juxtaposition of modern skyscrapers, European charm, Spanish influences, and Afro-Caribbean culture offers a unique and unparalleled experience. Ivan Saprov, founder and CEO at Voyagu, as quoted by Forbes, notes, "At the same time, all the perks of a big city are there, including both authentic and haute cuisine restaurants plus pedestrian areas."

According to Forbes, Panama offers a diverse landscape, from rainforests to beaches on both the Caribbean and Pacific coasts, all within a short drive of Panama City. Furthermore, developments such as Pearl Island, as highlighted by Forbes, provide an enticing two-for-one experience, combining the vibrancy of the city with a secluded island getaway, just a brief helicopter ride away. And, of course, the iconic Panama Canal Zone, as reported by Forbes, offers visitors a captivating look at the intricate canal locks.

Forbes also reports on Casco Viejo, where a stroll through the neighborhood is a journey through history, with architectural wonders and charming shops lining the streets. The arrival of Sofitel Legend Casco Viejo, as Forbes mentions, brings French luxury to the area. This beautifully restored building, as highlighted by Forbes, with its French Colonial facade, houses chic guest rooms and a hidden rum bar, Arcano, which requires a unique passcode to enter. The hotel also features a terrace with an oceanfront infinity pool, offering stunning views of the water and the glittering skyline.

As Forbes reports, Panama City is emerging as a hub for digital nomads and expats, and it caters to this growing community. The government offers a short-term work visa for up to nine months, enticing remote workers with its proximity to the United States, rich culture, and bilingual population, as Forbes notes. The "Golden Visa" program, as Forbes highlights, allows high-net-worth individuals to become residents by investing in Panamanian property, offering a competitive threshold and the advantage of not taxing income earned abroad.

Forbes also emphasizes that communities like The Santa Maria are welcoming expats, global investors, and retirees, offering an enticing blend of luxury living and access to a vibrant museum and culinary scene. High-end design firms, as reported by Forbes, are contributing to the gated community's allure, with a range of luxury apartments, single-family homes, and opulent condos. Residents can enjoy amenities such as pickleball courts, pools, and an 18-hole golf course with panoramic views of the Panama City skyline, which will host the 2024 Latin American Amateur Golf Championships, as Forbes reports.

In 2024, as Forbes concludes, Panama City stands at the cusp of becoming a top destination, appealing to a diverse array of visitors and newcomers who seek to explore its rich history, modern attractions, and abundant opportunities. With its unique blend of old-world charm and contemporary allure, Panama City is on the brink of captivating the hearts and imaginations of travelers, digital nomads, and expats from around the world. For a more detailed look at why Panama City is gaining popularity, read the full Forbes article.