Retire in Panama

By Joshua Wood, LPC

Last updated on Mar 09, 2024

Summary: Retirees are attracted to Panama for its low cost of living, excellent healthcare system, and vibrant culture. Panama also offers retirees a tropical climate with temperatures ranging from the mid-70s to the mid-90s Fahrenheit throughout the year.

Kovalenko & Vera Attorneys at Law in Panama

What is it like to retire in Panama?

"Our little island is pretty calm. No nightlife, which is one of the reasons we chose it. A constantly changing landscape with the ships waiting for the Panama Canal, whales and dolphins in the waters out front and views of the neighboring islands," said a retiree who moved to Taboga Island, 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.