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How to Open a Bank Account in Panama
Summary: How to open a bank account in Panama from the expat perspective: covers what documents you'll need to open a bank account, key criteria when choosing a bank, opening a bank account before you obtain residency and more.
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About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
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GeoBlue Health InsuranceTop-quality coverage for people who live, work, study and travel internationally.
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Panama Forum
Talk with other digital nomads and expats in Panama on our Panama forum - meet people, get advice and help others.
Panama Index
An index of all of our site's Panama information.
Contribute
Help others in Panama by answering questions about the challenges and adventures of living in Panama.
Healthcare & Health Insurance in Panama
Expats in Panama offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Panama.
Members Talk about Healthcare & Health Insurance in Panama
Expats in Panama offer advice about healthcare in Panama.
Best Places to Live in Panama
Panama is a great place to live or retire with easy residency laws, warm people and lots of expats. Whether you want to live by the beach in Bocas del Toro or need to live in Panama City for work and schools, there are many places to explore.
Pros & Cons of Living in Panama
Take off your rose-colored glasses and learn what digital nomads & expats have to say about the biggest challenges and the greatest rewards of living in Panama.
Cost of Living in Panama
Expats in Panama enjoy a relatively low cost of living. However, it's important to do your research to make sure you'll actually enjoy those saving while creating a high quality of life as an expat in Panama.
Panama's Pensionado Discounts
Panama's pensionado discounts are available to legal residents (55+ for women, 60+ for men). These generous discounts include 25% off airline tickets, 25% at restaurants, 50% off at hotels during the week, exemption on import tax for up to $10,000 household goods and much more.
Panama's Friendly Nations Visa
Panama's Friendly Nations Visa was introduced in 2012 and enables immigrants from 50 nationalities to easily obtain residency and a work permit.
How to Open a Bank Account in Panama
How to open a bank account in Panama from the expat perspective: covers what documents you'll need to open a bank account, key criteria when choosing a bank, opening a bank account before you obtain residency and more.
Best Banks in Panama for Expats and Global Nomads
Expats share their recommendations for the best banks in Panama for expats.and global nomads.
GeoBlue Health InsuranceTop-quality coverage for people who live, work, study and travel internationally.
GET A QUOTE
GeoBlue Health InsuranceTop-quality coverage for people who live, work, study and travel internationally.
GET A QUOTE
Panama Forum
Talk with other digital nomads and expats in Panama on our Panama forum - meet people, get advice and help others.
Panama Index
An index of all of our site's Panama information.
Contribute
Help others in Panama by answering questions about the challenges and adventures of living in Panama.
Healthcare & Health Insurance in Panama
Expats in Panama offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Panama.
Members Talk about Healthcare & Health Insurance in Panama
Expats in Panama offer advice about healthcare in Panama.
Best Places to Live in Panama
Panama is a great place to live or retire with easy residency laws, warm people and lots of expats. Whether you want to live by the beach in Bocas del Toro or need to live in Panama City for work and schools, there are many places to explore.
Pros & Cons of Living in Panama
Take off your rose-colored glasses and learn what digital nomads & expats have to say about the biggest challenges and the greatest rewards of living in Panama.
Cost of Living in Panama
Expats in Panama enjoy a relatively low cost of living. However, it's important to do your research to make sure you'll actually enjoy those saving while creating a high quality of life as an expat in Panama.
13 Important Tips for Retirees in Panama
If you're thinking about retiring in Panama, here are 13 things you must know before you make the move.
8 Important Tips about Healthcare and Health Insurance in Panama
Expats in Panama offer 8 important tips about healthcare and health insurance in Panama. While the quality of healthcare varies, there are world class doctors and facilities throughout Panama. Health insurance is much less expensive in Panama. Doctors visits (with and without insurance) are very affordable. The one negative seems to be that medications can be more expensive that in the U.S. Despite these pros and cons, many expats.mentioned that people have healthier lifestyles in Panama - cleaner air, cleaner water, fresh produce and less stress.
7 Things to Know Before You Move to Panama
Do you have to buy a round trip ticket when moving to Panama? How difficult is it to bring my dog? Should I buy a home in Panama? Can I find health insurance that covers me in Panama and my home country when I travel back to visit relatives?
Thanksgiving in Panama
American expats.in Panama can enjoy a traditional Thanksgiving meal at these restaurants.
Guides to Cities in Panama
Bocas del Toro
Boquete
Coronado
El Valle de Anton
Nueva Gorgona
Panama City
Country Resources
Health Insurance
Moving & Shipping
More Resources
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