Santa Fe, Panama

"Before retiring in Santa Fe, expats need to know that the cost of living is relatively low compared to many Western countries, making it an attractive option for retirees. The official language is Spanish, so it would be beneficial to learn the language or at least basic phrases. The healthcare system in Panama is generally good, with both public and private options available. Expats should be aware that while the climate is tropical and warm, Santa Fe is located in the mountains, so it can get cooler, especially at night. The local cuisine is a mix of traditional Panamanian food, with influences from other cultures, and fresh fruits and vegetables are readily available. It's important to understand the visa and residency requirements, as Panama offers several options for retirees, including the Pensionado visa, which provides several benefits. Expats should also be aware of the tax implications of retiring in Panama, as the country operates on a territorial tax system, meaning foreign income is not taxed. Safety is generally not a major concern in Santa Fe, but like anywhere, it's important to take basic precautions. The infrastructure is improving but power outages can occur, and internet service may not be as reliable as in your home country. Finally, it's important to note that while Santa Fe is a small town with a slower pace of life, it has a tight-knit expat community. It's also within driving distance to larger cities for shopping and other amenities," explained one expat living in Santa Fe, Panama.