Why Panama

Panama offers a multitude of reasons to visit or make it your home. It has consistently been featured on numerous "Best Of" lists, lauded for its favorable tax laws, affordable cost-of-living, pleasant climate, and world-renowned pensionado program. The New York Times praised the Panama City skyline as a symbol of the country's remarkable growth over the past decade, further enhanced by the expansion of the Panama Canal. Alongside its urban development, Panama also boasts new museums, luxury hotels, and breathtaking getaways far from the hustle and bustle of city life.

But that's not all! Panama has so much more to offer:

Diverse Landscapes and Activities

Panama City is a thriving metropolis, and within a day's drive, you can explore lush rainforests, world-class bird-watching spots, and picturesque beaches perfect for surfing, sailing, scuba diving, and deep-sea fishing. Discover the charm of the 1500 islands just off the coast and the unique town nestled inside a volcano.

Affordable Living

While not as inexpensive as before, you can still find an ocean-front condominium for less than $250,000 and enjoy a comfortable lifestyle with just $1,500 a month.

World-Class Healthcare

Panama is home to a top-notch healthcare system, with the second Johns Hopkins-affiliated international hospital under construction in Costa del Este. Residents and visitors have access to superior, affordable healthcare through various private and public hospitals and healthcare providers. In summary, Panama is a land of diverse landscapes, affordable living, and world-class healthcare. Whether you're looking to visit or settle down, Panama offers a wealth of opportunities and wonders to explore.

Vibrant Culinary Landscape

Panama's food scene extends far beyond the Michelin-starred chefs in the historic Casco Viejo district. The country's culinary offerings include bustling farmers' markets with freshly harvested produce, seafood caught just hours prior, organic options, and various full-service grocery stores reminiscent of those found in the United States. From affordable roadside fondas to exquisite multi-course tasting menus, Panama has something for every palate.

Ideal Weather

Situated just nine degrees from the equator, Panama enjoys a warm climate year-round, with no hurricanes. While Panama City and the beaches boast consistently warm temperatures, higher elevations offer cooler weather, with temperatures dropping to the mid-70s.

Efficient Transportation

The recently expanded Panama Canal is only one aspect of the country's transportation infrastructure. Other options include a modern underground subway system, an ever-growing international airport with over 75 daily direct flights worldwide, a smaller regional airport, air-conditioned public buses with panoramic windows, a fleet of taxis, and even helicopter services through Uber. You can easily enjoy a high quality of life in Panama without owning a vehicle.

A Shopper's Paradise

While people once traveled to Miami for retail therapy, Panama City has now become a premier shopping destination. High-end brands such as Gucci, Burberry, Fendi, Chanel, and Cartier have established a presence in the city's malls, alongside outlet stores and familiar favorites like Target. If you can't find it in Panama, you probably don't need it!

Ample Opportunities for Giving Back

Panama is a land of contrasts, featuring both modern amenities and communities in need. There are numerous NGOs and local groups dedicated to education, orphan care, providing necessities to the food insecure, rescuing and caring for stray animals, and teaching English as a second language. Both locals and expats welcome everyone to join in the spirit of giving back.

Excellent Educational Institutions

Panama offers outstanding educational options at all levels, from preschool to university. International Baccalaureate programs, traditional curriculums, and public and private schools with English-language instruction are all available, ensuring a diverse range of high-quality learning experiences.

Promoting a Well-Balanced Lifestyle

Many expats who settle in Panama find themselves naturally embracing a healthier lifestyle. Some attribute this to the warm climate, while others believe it's the abundance of fresh, clean food. Regardless of the reason, Panama offers various opportunities to stay active, such as running, biking, or rollerblading along the waterfront, practicing yoga, swimming, working out at the gym, or participating in challenging triathlons. For those who prefer a more relaxed pace, Panama's numerous celebrations and laid-back approach to time can be the ideal antidote to stress.

Safety Assurance

According to the United States State Department, Panama is safer than most U.S. cities. While it's always wise to avoid displaying expensive jewelry and electronics, Panama is not part of the drug route from South America and has a relatively low involvement in human trafficking. Generally, it is safe to enjoy the lively nightlife and walk around after dark.

Rich Cultural Experiences

The historic Casco Viejo district is a cultural haven, boasting the 873-seat National Theatre, where you can enjoy world-class ballet productions by Panama's National Ballet or explore nearby jazz clubs. Panama also features a National Orchestra and a thriving art scene with various galleries in and around Panama City. Museums such as the Natural Sciences, Contemporary Art, and the Interoceanic Canal Museum showcase the nation's heritage. The unique Biomuseo, designed by Frank Gehry, tells the story of the Panamanian isthmus and its significant impact on global biodiversity through eight theaters.

Stable and Prosperous Economy

Panama's economy has been among the best-performing globally for over a decade. Real estate values continue to rise, and more than 130 multinational companies have established their presence in Costa del Este, making it Central America's de facto business capital. With the U.S. dollar as its primary currency, Panama enjoys stability and steady growth. The democratic government has introduced safety net programs for the underprivileged and elderly, contributing to low unemployment rates.

Embracing Diversity and Tolerance

Panamanians are known for their tolerance and warmth, embracing all religions, heritages, and ethnicities. Synagogues, mosques, and various churches coexist peacefully alongside Hindu and Chinese temples, reflecting the diverse range of beliefs and the mutual respect shared by the population.