Moving to Panama

Last updated on Sep 23, 2023

Summary: Expats and digital nomads move to Panama for its low cost of living, warm climate, and friendly people. Additionally, Panama offers a variety of activities and attractions, making it an attractive destination for those looking to explore a new culture. People can find a place to live in Panama by searching online for rental properties, or by contacting a real estate agent. The most popular cities for expats and digital nomads in Panama are Panama City, Boquete, and Bocas del Toro. These cities offer a variety of amenities, activities, and attractions, making them ideal for those looking to experience the culture and lifestyle of Panama.

What do I need to know before moving to Panama?

When we asked people what advice they would give someone preparing to move to Panama, they said:

"We visited here many times before moving and stayed in different areas each time. There are 13 micro-climates here and they vary greatly. Some roads are not good so that may play into housing decisions too. Temperatures vary, even 5 minutes away can make a big difference. There are also areas that get extremely windy in Jan-Feb. Rent before buying," remarked one expat in Boquete, Panama.

"Rent first before you buy. Your paradise today may not be what you will think in 6 months. Brings essentials and sell everything else, you can get it cheaper here," said one expat in Bocas del Toro.

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How do I find a place to live in Panama?

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About the Author

Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.