Pros and Cons of Living in Panama

Last updated on Feb 03, 2023

Summary: The pros of living in Panama include its tropical climate, its diverse culture, its low cost of living, and its excellent infrastructure. Panama also offers a wide range of outdoor activities, from surfing to hiking, and its location makes it a great place to explore Central America. On the other hand, the cons of living in Panama include its high crime rate, its lack of reliable public transportation, and its limited job opportunities. Additionally, Panama's healthcare system is not as advanced as other countries, and its political system is often unstable.

What do expats in Panama appreciate most about the local culture?

"Expats in Panama appreciate the warm and welcoming nature of the local people, the natural beauty and relaxed atmosphere of the country, the low cost of living, the excellent transportation and communication infrastructure, the abundance of activities and attractions, the wide variety of cuisine, the variety of cultures and languages, the high safety and security, and the vibrant cultural life," explained one expat.

"Very friendly people here at restaurants, stores, banks, public offices......they will always help you and are very welcoming," said another person in Panama City.

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What do expats find most challenging?

"Expatriates often find adjusting to a new culture and language the most challenging aspect of their move. The difficulty in establishing a social network, understanding local laws and customs, and dealing with bureaucracy can also be difficult. Expats may also find it difficult to maintain their current lifestyle while living in a new country and encountering unfamiliar financial systems. Experiencing homesickness, missing family and friends, and being far away from home are common among expats," explained one expat.

"Not knowing the language. Government processes, inefficiencies, inconsistent building requirements, ie; stairs of all heights! No protection from large drop offs (lack of building code) must be very careful and watch where one is stepping," said another person in Nueva Gorgona, Coronado.

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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.