Panama's Expat Community

Panama is a popular destination for expats, as it offers a low cost of living, a tropical climate, and a diverse culture. Many expats in Panama are attracted to the country for its affordable healthcare, good schools, and the opportunity to live near the beach or in the mountains.

Expats in Panama may live in Panama City, the country's capital and largest city, or in smaller towns and villages throughout the country. Some popular expat destinations in Panama include the beach towns of Bocas del Toro and Boquete, as well as the mountain town of Volcán.

Expats in Panama may find work in a variety of industries, including tourism, real estate, and international business. Many expats in Panama also work remotely or run their own businesses.

If you are considering moving to Panama as an expat, it is essential to do your research and be prepared for the challenges that may come with living in a new country. It is also a good idea to familiarize yourself with the local culture and customs, and to make an effort to learn some Spanish, as it is the primary language spoken in Panama.

Where do expats live in Panama? 

Expats in Panama can be found living in a variety of locations throughout the country, depending on their personal preferences and lifestyles. Some popular expat destinations in Panama include:

1. Panama City: The capital and largest city of Panama, Panama City is a modern metropolis with a mix of skyscrapers, historic neighborhoods, and sandy beaches. It is a hub for international business and offers a range of housing options, from high-rise apartments to single-family homes.

2. Bocas del Toro: Located on the Caribbean coast of Panama, Bocas del Toro is a popular destination for expats who love the beach. It is known for its laid-back atmosphere, beautiful beaches, and vibrant nightlife.

3. Boquete: Nestled in the mountains of western Panama, Boquete is a charming town known for its cooler climate and stunning natural surroundings. It is popular with expats who enjoy outdoor activities like hiking, birdwatching, and rafting.

4. Volcán: Located in the highlands of western Panama, Volcán is a small town with a temperate climate and a laid-back atmosphere. It is popular with expats who enjoy living in a small town setting with easy access to outdoor activities.

5. Coronado: Located on the Pacific coast of Panama, Coronado is a popular destination for expats who want to live near the beach. It is known for its beautiful beaches, golf courses, and upscale housing developments.

Regardless of where you choose to live in Panama, it is important to do your research and consider factors like cost of living, safety, and proximity to amenities and activities that are important to you.

Cost of living for Expats in Panama

The cost of living for expats in Panama can vary widely depending on the location, lifestyle, and personal preferences of the individual. Panama is generally considered to be an affordable country for expats, with lower costs for housing, healthcare, and other necessities compared to many other countries.

Here are some estimates of the cost of living for expats in Panama:

• Housing: Rent for a one-bedroom apartment in a city center can range from $500 to $800 per month, while a three-bedroom house in a suburban area can cost $1,500 to $2,500 per month.

• Food: Groceries in Panama are generally affordable, with the cost of a basic grocery basket averaging around $200 per month. Eating out at restaurants can be more expensive, with prices ranging from $10 to $30 per person for a meal.

• Transportation: Public transportation in Panama is affordable, with bus fares averaging around $0.50 per trip. Private taxi fares can vary, with prices ranging from $5 to $15 for a short trip within a city.

• Healthcare: Panama has a good healthcare system, with private hospitals and clinics offering high-quality care at relatively low costs. Basic medical checkups and consultations with a doctor can cost $30 to $50, while more specialized care or surgeries can be more expensive.

• Entertainment: Panama has a variety of entertainment options, including theaters, movie theaters, and live music venues. Prices for these activities can vary, but generally tickets for events and activities start at around $10.

Overall, the cost of living in Panama can be lower than in many other countries, especially for those who are able to live frugally and take advantage of the lower costs for necessities like housing and healthcare. However, expats who want to live a more upscale lifestyle or engage in more expensive hobbies or activities may find that the cost of living in Panama is higher.