Boquete, Panama
Boquete, Panama
Boquete, Panama

Retire in Panama

By Joshua Wood, LPC

Last updated on Nov 27, 2021

Summary: What is it like to retire in Panama? Retirees share their experiences living in Panama.

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What is it like to retire in Panama?

"None of us expats admit to being expats. It's an unspoken agreement. Oh yeah, even with masks and covid lockdowns and general covid paranoia there are cultural attractions, recreations, and the nightlife never stops. The fireworks have been going nonstop celebrating Christmas, 24 hours a day. Fortunately I'm partly deaf..," remarked another retiree in Las Tablas.

"Bocas is a typical Caribbean small town in a lot of ways. But it has something more special too. Laid back, easy. Night life is fairly limited to bars. Permanent retirees are very active and interactive with locals. It seems you can be as busy or as lazy as you like. The music community provides many opportunities for entertainment in a variety of genres. Fairs, holiday celebrations and carnivals happen thru-out the year. Horseback, quad rentals, golf carts provide good fun and opportunities to see the whole island of colon. World class surf and good fishing too," said a retiree who moved to Bocas del Toro, Panama.

"There are a lot of expats in our area in Panama and a lot of opportunities to join groups for fun or community serice. A retiree can be involved in as much as they want here or nothing at all. There is a wide variety of restaurants nearby and some nightlife. Panama City is about an hour away and has everything anyone could want. We occasionally spend a night or two in the city. We have water aerobics, game nights and various group activities. The expats are a good community here. We all help each other and especially help the new people. Paying it forward is part of the process," said another retiree in Nueva Gorgona.

"Very active expat community, with several groups, birders, hikers, quilters, photography, charitable aid groups, you name it," commented one retiree living in Boquete, 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," explained one retiree living in Taboga Island.

Expats in Panama may get a free expat health insurance quote from our partner Allianz Care, whose plans ensure that you have access to quality healthcare whenever you need it. Allianz's flexible solutions allow you to tailor your cover to meet your needs and budget. Get a Quote

Expats in Panama may get a free expat health insurance quote from our partner Allianz Care, a leader in international insurance for expatriates. Allianz's plans ensure that you have access to quality healthcare whenever you need it. Their flexible solutions allow you to tailor your cover to meet your needs and budget..

What advice do overseas retirees have for others considering retiring abroad?

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About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000. Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Some of Joshua's more popular articles include Pros and Cons of Living in Portugal, 8 Best Places to Live in Croatia and the Living in Mexico Guide. Connect with Joshua on LinkedIn.

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Boquete, Panama
Allianz Care Expat Health InsuranceExpatriate Health Insurance

Get a quote for health insurance from our partner, Allianz Care.
Get a Quote

Living in Panama GuideLiving in Panama Guide

Our Guide to Living in Panama is a perfect primer for readers interested in Panama. Covers healthcare, cost of living, best places to live, residency, visas, real estate, moving tips and the pros and cons of living in Panama.

Panama Forum Panama Forum
Meet other expats and talk about living in Panama.

Best Places to Live 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.

Healthcare in PanamaHealthcare in Panama

Expats have differing opinions about healthcare in Panama. Many advice against public hospitals and healthcare, but some recount good experiences. This article covers public vs private healthcare, cost of healthcare, obtaining prescription medications and much more.

Cost of Living in PanamaCost 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.

Moving to PanamaMoving to Panama Guide

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

Real Estate in PanamaReal Estate in Panama

Real estate listings in popular cities and towns in Panama.

Pros Cons of Living in PanamaPros & Cons of Living in Panama

Take off your rose-colored glasses and learn what expats have to say about the biggest challenges and the greatest rewards of living in Panama.

Retiring in PanamaRetiring in Panama

Advice for people retiring in Panama.

Visa and Residency PanamaPanama Visa & Residency Guide

This article covers the ins and outs of the most common tourist and residency visas that expats and global nomads obtain when moving to and living in Panama.

Contribute to Panama Network Contribute
Help other expats and newcomers by answering questions about the challenges and adventures of living in Panama.

10 Tips for Living in Panama10 Tips for Living in Panama

Expats, global nomads and retirees are drawn to Panama's ease of residency, low taxes (Panama does not tax on worldwide income), friendly Panamanians who always put family first, inexpensive healthcare and laid back lifestyle.

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