Pros and Cons of Living in Panama

Last updated on Mar 09, 2024

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.

Kovalenko & Vera Attorneys at Law in Panama

What are the pros and cons of living in Panama?

Expats, digital nomads and retirees living in Panama responded:

"I love he town I live in. It's small but in close proximity to neighboring towns with many dining and shopping options. We are very happy with where we live. There is a good doctor in our neighboring town that speaks English and has specialists come into his office for easy access to people in our area. For more specialized medical procedures, Panama City has many private hospitals with excellent reputations and specialists in every field. We are about an hour from Panama City so access is not very difficult. I do have minor concerns about what would happen if I had a major medical emergency (heart attack, stroke) but I don't worry about it. Our philosophy is to deal with things as they arise. Maybe not the best approach, but our approach," wrote one expat in Nueva Gorgona.

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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.