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Panama City, Panama

Panama City, Panama

By Joshua Wood, LPC

Last updated on Oct 11, 2023

Summary: The population of Panama City, Panama is 1.8 million people. Panama City is a vibrant, modern city with a rich cultural heritage. Expats love the low cost of living, the warm weather, and the friendly people. The average temperature in Panama City is around 80°F (27°C). The average cost of living for an expat is around $1,500 per month. The cost of a one bedroom apartment is around $500-$700 per month, and a two bedroom apartment is around $700-$1,000 per month.

Kovalenko and Vera
Kovalenko and Vera
Kovalenko and Vera
Kovalenko and Vera

What do I need to know about living in Panama City?

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

"Before retiring in Panama City, expats should research the cost of living and the availability of healthcare services. It is also important to understand the local laws and regulations, as well as the cultural norms and expectations. Additionally, expats should familiarize themselves with the local language, as English is not widely spoken in Panama City. Finally, expats should consider the safety of the area and the availability of activities and amenities that suit their lifestyle," explained one expat living in Panama City, Panama.

"We see service dogs all the time here in Panama City in the malls, restaurants and bars. They accept them inside and some even offer them a water dish," said one expat in Panama.

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Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

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Kovalenko and VeraKovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
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What do I need to know before moving to Panama City?

Answer Question & View More Answers

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

Learn MoreConnect Now

Kovalenko and VeraKovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Connect

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Kovalenko and Vera

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

Learn MoreConnect Now

Kovalenko and Vera

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

Learn MoreConnect Now

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About the Author

Joshua Wood 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.

Panama City, Panama

Kovalenko and Vera
Kovalenko & Vera Attorneys at Law in Panama

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Kovalenko and VeraKovalenko & Vera Attorneys at Law in Panama

We've partnered with Kovalenko & Vera to help with your move.
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