Coronado
Beach Coastal BeachesCoronado is a coastal city located in the province of Panama Oeste, Panama, known for its serene environment, beautiful beaches, and as a popular retreat for both expatriates and locals. It is often considered one of the first resort developments in Panama and has since become a thriving community. The city boasts a variety of amenities including golf courses, shopping centers, and fine dining, catering to a comfortable and leisurely lifestyle. The streets of Coronado are lined with a mix of residential properties ranging from high-end villas to modest homes, reflecting the diverse community that resides there. The city is also known for its well-maintained public areas and a sense of security, making it a desirable location for retirees and families. With its proximity to Panama City, approximately an hour's drive away, Coronado offers a blend of tranquility and convenience, providing a quick escape to the beach while still being close to the capital's urban offerings. The community is active and often gathers for local events, creating a friendly and welcoming atmosphere for newcomers.
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Business Panama GroupThe 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.
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Click connect to have our partner contact you via e-mail and/or phone.
Visa & Residency
Panama is known for its welcoming stance towards expatriates and retirees, offering a variety of options that cater to different needs. The process of obtaining a residency visa in Panama involves several steps and the complexity can vary depending on the type of visa applied for. Two of the most popular visas are the Friendly Nations Visa and the Pensionado Visa. The Friendly Nations Visa is designed for citizens from a list of countries that Panama considers to have friendly relations with. Applicants must demonstrate economic ties to the country, which can typically be done by opening a local bank account with a minimum balance and either buying property in Panama or establishing a business. This visa leads to permanent residency and is a popular route for expats looking to work or start a business in Panama. The Pensionado Visa, on the other hand, is aimed at retirees. To qualify, applicants must prove they receive a lifetime pension of at least $1,000 per month. This visa offers numerous benefits, including discounts on services and entertainment in the country. It is a straightforward option for those looking to retire in Panama. For digital nomads, Panama introduced the Short Stay Visa for Remote Workers, which allows them to live in Panama for up to 9 months, with the possibility of extending for another 9 months. Applicants must provide proof of employment or business ownership outside of Panama, and show that they earn a stable monthly income. The general process for obtaining a residency visa in Panama involves hiring a local attorney to help navigate the legal requirements, preparing and submitting the necessary documentation (such as passport copies, proof of income, and health certificates), and paying the associated fees. After the application is submitted, it may take several months to be processed. Once approved, applicants usually receive a temporary residency card, and eventually, a permanent residency card. The process is considered to be easier and more streamlined than in many other countries, making Panama an attractive destination for expats and retirees.
Cost of Living
The cost of living in Coronado is considered high, especially due to its popularity as a beach resort destination and the comprehensive amenities available to residents and visitors.
Weather
The weather in Coronado is tropical with high temperatures and humidity year-round, and a distinct wet and dry season.
Schools in Coronado
Coronado International School, also known as Coronado International, is an international school offering educational programs for children from preschool to high school. The curriculum is designed to provide a global perspective and prepare students for higher education both in Panama and abroad.
Coronado also has bilingual schools such as the Coronado Bilingual School, which offers education in both English and Spanish. The school aims to provide students with a multicultural environment and the skills necessary to succeed in a globalized world.
Restaurants in Coronado
Living in Coronado
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