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Retire in Boquete, Panama | Expat Exchange
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Boquete, Panama

Retire in Boquete, Panama

By Joshua Wood, LPC

Last updated on May 03, 2023

Summary: Retirees are attracted to Boquete, Panama for its stunning natural beauty, its vibrant culture, and its low cost of living. There are several retirement communities in Boquete, offering a variety of amenities such as swimming pools, tennis courts, and golf courses. The cost of a nice two bedroom home in Boquete is typically around $100,000 USD, while a nice three bedroom home can cost around $150,000 USD. The weather in Boquete is generally mild, with temperatures ranging from the mid-60s to the mid-80s Fahrenheit.

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

What is it like to retire in Boquete?

"Retirees in Boquete and its surroundings enjoy a relaxed lifestyle with plenty of outdoor activities and cultural attractions. The area is home to an active expat community, with many retirees from the United States, Canada, and Europe. There are plenty of outdoor activities to enjoy, such as hiking, biking, and bird watching. Boquete is also known for its coffee plantations, and visitors can take tours of the plantations and learn about the coffee-making process. Cultural attractions include the Boquete Museum, which showcases the history and culture of the region, and the Boquete Art Gallery, which features local and international art. There are also plenty of restaurants and bars to explore, offering a variety of cuisines and nightlife. Boquete is a great place for retirees to enjoy a peaceful and active lifestyle," explained a retiree in Boquete.

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

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The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.
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What advice do overseas retirees have for others considering retiring abroad?

"Research, live there for at least six months, do not purchase property, and be wary of hype which almost always comes from real estate oriented promoters etc. Learn enough of the language to show the locals that you're trying, and don't be afraid to use it. They'll be very appreciative," explained a retiree in Boquete.

"Retirees in Boquete advise others considering retiring abroad to research the cost of living in the area, as well as the availability of healthcare and other services. They also suggest getting to know the local culture and customs, as well as learning some of the language, to make the transition smoother. Additionally, they recommend visiting the area multiple times before making a final decision, to ensure that it is the right fit for you. Finally, they suggest taking advantage of the many outdoor activities and natural beauty that Boquete has to offer," explained one retiree living in Boquete.

What are the most challenging aspects of retiring in Boquete?

"One of the most challenging aspects of retiring in Boquete is the language barrier. Although many people in Boquete speak English, Spanish is the primary language and it can be difficult to communicate with locals if you don't speak the language. Additionally, the cost of living in Boquete is higher than in other parts of Panama, making it difficult to stretch a retirement budget. Finally, the climate in Boquete can be unpredictable, with frequent rain and occasional flooding, making it difficult to plan outdoor activities," remarked one retiree in Boquete.

"Getting used to the cultural differences, language, pace of life and casual attitude about service," said a retiree who moved to Boquete, Panama.

Kovalenko & 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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Kovalenko & 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.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What are the most rewarding aspects of retiring in Boquete?

"Retiring in Boquete can be a very rewarding experience. The area is known for its stunning natural beauty, with lush green mountains, cascading waterfalls, and a variety of wildlife. The climate is mild and pleasant year-round, making it a great place to enjoy outdoor activities. The cost of living is low, and the local people are friendly and welcoming. There are plenty of activities to keep you busy, from exploring the local culture to taking part in outdoor sports. Boquete also offers a variety of health care options, making it a great place to retire and stay healthy," remarked one retiree in Boquete.

What are healthcare services like in Boquete?

We asked retirees if they have access to good medical care in Boquete. They wrote:

"Boquete offers a variety of healthcare services to its residents. The town has several private clinics and hospitals that provide medical care, as well as a public health center. The public health center offers basic medical services such as vaccinations, check-ups, and treatments for minor illnesses. Additionally, there are several pharmacies in the area that provide prescription medications. Boquete also has a number of specialists, such as dentists, optometrists, and gynecologists, who provide specialized care," remarked one retiree in Boquete.

"Health care is either middle-rate, or world class, depending on how long one wishes to wait, and how much $$$ you have. No Medicare, of course, and Tricare (military coverage) is available, but not widely accepted," said a retiree who moved to Boquete, Panama.

How do I meet people in Boquete?

When we asked people living in Boquete about club and activities where newcomers can meet others, they responded:

"At first I shunned the gringo/expat organized weekly meeting, the Tuesday Morning Informational and Networking Meeting. All the people were of retired age, I'm not. Then I started going, I found I had things to say and others had things to teach. they soon published a small book of the meetings minutes with recaps of many speakers. I learned many valuable things and shared opinions and even changed some opinions. We bonded, we drank local coffee, we bitched and moaned and rejoyced together. seek out such groups and see what you can learn or contribute to them," said a retiree who moved to Boquete, Panama.

"The Tuesday Market at the BCP (Boquete Community Players) is a good place to see and be seen. Very easy to meet others if you are at all outgoing. There is also a newcomers group that meets a couple of times a month. There is always something happening, somewhere to go, something to do. There are many non-profits looking for volunteers, so just find one that speaks to you," said one retiree in Boquete.

"Expats in Boquete often join clubs and activities such as the Boquete Expat Club, Boquete Garden Club, Boquete Birders, Boquete Book Club, Boquete Photography Club, and Boquete Hiking Club. Expats also meet people by attending local events such as the Boquete Jazz & Blues Festival, Boquete Flower & Coffee Festival, and Boquete International Film Festival. Additionally, expats can meet people by attending local churches, volunteering in the community, or joining a language exchange program," commented one retiree living in Boquete, Panama.

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What is life like in Boquete?

When we asked people living in Boquete what life is like and how people spend their time, they said:

"Life for expats and digital nomads in Boquete is generally quite pleasant. The town is small and friendly, with a laid-back atmosphere and plenty of outdoor activities to enjoy. The climate is mild and the scenery is beautiful, with lush green mountains and valleys. The cost of living is low, making it an attractive destination for those looking to stretch their budget. There is a strong expat community in Boquete, with plenty of opportunities to meet new people and make friends. The internet connection is reliable, making it a great place to work remotely. All in all, Boquete is an ideal destination for expats and digital nomads looking for a peaceful and affordable place to live," commented one retiree living in Boquete, Panama.

"There are a lot of retirees in Boquete, but not everyone is retired. You can have as active a social life as you want. There are many restaurants, and different interest groups, as well as classes in a variety of topics. The Panamanian culture is very family oriented," explained one retiree living in Boquete.

"The locals work hard and have lots of festivals. They honor the old folks, thier heritage, and way of life. They take time for coffee, for conversation. They are more then willing to show you and teach you and help you to find your place in their society. If you even try to speak spanish they admire you for that and even try thier hand at English or apologize for their lack of. Everyone says hello, waves, nods, gives recognition, an old fashioned thing that I missed in the U.S," said one retiree in living in Boquete, Panama.

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Business Panama Group

The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Business Panama Group

The Business Panama Group is a well-established group of companies, professionals and alliance partners with 20 years of experience promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business development and support services to individual and corporate investors.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What do I need to know before retiring in Boquete?

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

"Expats considering retiring in Boquete should be aware that the cost of living is relatively low compared to other countries, but it is still important to budget carefully. Boquete is a small town, so it is important to research the local amenities and services available before making the move. The climate in Boquete is generally mild and pleasant, but it is important to be aware of the rainy season and the potential for flooding. Additionally, it is important to research the local healthcare system and the availability of medical services in the area. Finally, it is important to research the local laws and regulations regarding residency and visas," said one retiree in living in Boquete, Panama.

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What type of recreational activities are there in Boquete?

"Boquete offers a variety of recreational activities for visitors and locals alike. One popular activity is hiking, with trails ranging from easy to difficult, and offering stunning views of the surrounding mountains and valleys. For those looking for a more leisurely activity, there are several golf courses in the area, as well as tennis courts and a bowling alley. For those looking for a more adventurous experience, there are several zip-lining and canopy tours available, as well as white water rafting and kayaking. Boquete also offers a variety of outdoor activities such as horseback riding, mountain biking, and bird watching. For those looking for a more relaxing experience, there are several hot springs and spas in the area. Finally, Boquete is home to a vibrant nightlife, with a variety of bars, restaurants, and clubs to choose from," remarked one retiree in Boquete.

Where will I buy groceries and do other shopping in Boquete?

"Expatriates in Boquete can find a variety of grocery stores and other shopping options. Super 99 is a popular grocery store located in the center of town, offering a wide selection of international and local products. For fresh produce, the Boquete Farmers Market is a great option, with local farmers selling their goods every Saturday morning. For more specialized items, the Boquete Gourmet Market is a great choice, offering a variety of imported and local products. For clothing and other items, the Boquete Mall is a great option, with a variety of stores and restaurants. Finally, for a unique shopping experience, the Boquete Artisan Market is a great choice, with local artisans selling handmade items," remarked one retiree in Boquete.

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.

Boquete, Panama

Business Panama Group
Business Panama Group

Business Panama Group, with 20 years of experience, plays a pivotal role in promoting and facilitating investments, real estate, and tourism ventures in Panama.
Learn More

Business Panama GroupBusiness Panama Group

Business Panama Group, with 20 years of experience, plays a pivotal role in promoting and facilitating investments, real estate, and tourism ventures in Panama.
Learn More

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