Many people are choosing to live, invest, and retire in Panama for the lifestyle, culture, low cost of living, climate, and more. If you would like to find out more about Panama, the good and the bad, please browse the topics below.
For such a small country, Panama is known for its diverse tropical climate with 2 distinct seasons (wet and dry), its ecological wonders with a vast amount of plant and animal species, as well as its array of geography with beautiful mountains, rainforests, beaches, and islands.
More information on the Climate, Ecology, & Geography of Panama>>
Panama avoids major natural disasters like earthquakes and hurricanes. Though Panama experiences minor earthquakes, they are considered “good” quakes because the release energy over time rather than letting the pressure build and release all at once. In regards to hurricanes, Panama is located at 9 degrees latitude, just tucked away from the hurricane line.
More information on Earthquake and Hurricane History>>
Since the US handed over the rights to the Canal in 1999, Panama’s positive growth has been making headlines in many different sectors. The political stability in Panama has been recognized and many investors are taking notice that the political change and current President is adding to the positive economic growth.
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The low cost of living, affordable healthcare, real estate bargins, and tax benefits in Panama are a huge draw for those looking to live and invest in Panama.
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Foreign Retirees are moving to Panama for the huge discounts on living. Once you apply and receive a Pensionado Visa (Retirement card), almost everything becomes heavily discounted.
More information on Retirement Incentives in Panama>>
Information on the population of Panama, Panama City, the local currency, the President, etc.
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Panama is not for everyone. It is important to do your research on what it is like to be in Panama, what the people are like, and the lifestyle you can expect once you are in Panama.
More information on the Possible Downsides of Panama>>
If we missed something or did not cover any questions or concerns you may have about Panama, Contact Us and we’ll try to answer your questions as soon as possible.