Expat Advice: Financial Issues in Boquete, Panama

What is the name of the city or town that you are reporting on?

Boquete

Which banks do you use? If you have a local account, which bank do you use? How do you like it? Do you also have an account in your home country? Which bank? Do they charge for ATM withdrawals? Do they charge a lot for international wire transfers? How has it been working with them from abroad? Do you use a special international wire transfer service? Do you use an online bank? If so, tell us about them.

Before retiring in Boquete, expats should be aware of the cost of living, which is higher than in other parts of the country. It is important to research the local healthcare system and ensure that it meets your needs. Additionally, expats should be aware of the local culture and customs, and be prepared to learn some Spanish. It is also important to research the local climate and terrain, as Boquete is located in a mountainous region with a tropical climate. Finally, expats should be aware of the local laws and regulations, and ensure that they are compliant with them.

Business Panama Group
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The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.

Click connect to have our partner contact you via e-mail and/or phone.

Business Panama Group

The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
Connect

Click connect to have our partner contact you via e-mail and/or phone.