×
Interested in our Partner Program for businesses or our Local Guide Program for experienced expats and digital nomads? Click here to learn more.
Retire in Coronado, Panama | Expat Exchange
Expat Exchange
Free MembershipSign In
Coronado, Panama

Retire in Coronado, Panama

By Joshua Wood, LPC

Last updated on Apr 05, 2025

Summary: Retirees are attracted to Coronado, Panama for its beautiful beaches, lush tropical forests, and vibrant culture. There are several retirement communities in Coronado, offering a variety of amenities such as swimming pools, tennis courts, and golf courses. The cost of a nice two bedroom home in Coronado is typically around $150,000 USD, while a nice three bedroom home can cost around $200,000 USD. The weather in Coronado is generally warm and humid, with temperatures ranging from the mid-70s to the mid-90s Fahrenheit.

Business Panama Group
Business Panama Group
Business Panama Group
Business Panama Group

What is it like to retire in Coronado?

"Life for a retiree in Coronado, can be quite idyllic, especially for those looking for a tropical climate and a slower pace of life. Coronado is known for its beautiful beaches, which offer ample opportunities for relaxation and recreation such as swimming, sunbathing, and beachcombing. The area has a significant expat community, which means that newcomers are likely to find a support network and friends with shared experiences of moving abroad. Cultural attractions in the area may not be as abundant as in a large city, but there are local events, festivals, and markets that showcase Panamanian culture and traditions. Expats and locals alike can enjoy the local cuisine at various restaurants and explore the surrounding areas for a taste of Panamanian history and heritage. Recreational activities are plentiful, with golf courses, fishing, and water sports readily available. The natural surroundings also offer opportunities for bird watching, hiking, and exploring the lush landscapes of Panama. Nightlife in Coronado might be more subdued compared to a metropolitan area, but there are still social gatherings, bars, and occasional live music events. Many expats find that social life revolves around community groups, dinner parties, and casual get-togethers. Overall, Coronado offers a tranquil retirement setting with a strong sense of community, outdoor activities, and a slower pace of life that many retirees find appealing," explained one retiree living in Coronado.

Business Panama GroupBusiness Panama Group
Connect

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.

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

Business Panama GroupBusiness 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.
Connect

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

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

"Retirees in Coronado, often share advice based on their experiences of retiring abroad. They suggest thoroughly researching the destination, including the cost of living, healthcare facilities, and legal requirements for residency. It's important to visit the area multiple times at different times of the year to get a true feel for the lifestyle and climate. Learning the local language, even at a basic level, can greatly enhance daily life and integration into the community. Building a social network is crucial, so engaging with both expat and local communities is recommended. Retirees should also plan for their financial security, understanding the tax implications and ensuring access to their funds while abroad. It's wise to have a contingency plan for healthcare and to understand how local healthcare systems work, possibly securing international health insurance. Adjusting expectations and being open to new cultures and ways of life can help with the transition. Retirees should also consider the distance from family and friends and the potential costs and logistics of visiting home or having visitors. Lastly, it's beneficial to stay active and pursue hobbies or volunteer work to maintain a fulfilling and purposeful retirement," said one retiree in Coronado.

What are the most challenging aspects of retiring in Coronado?

"Retiring in Coronado, presents several challenges, including adapting to the tropical climate, which can be hot and humid, and dealing with the rainy season, which may affect outdoor activities and travel plans. Language barriers can be significant for those not fluent in Spanish, as English is not as widely spoken outside of the expat community. Access to healthcare may be limited in Coronado compared to larger cities, and retirees may need to travel to Panama City for more specialized medical services. The cost of living, while lower than in many Western countries, can still be high in expat-focused areas, and managing finances from abroad, including pension and tax considerations, requires careful planning. The legal process of obtaining residency can be complex and time-consuming, necessitating a good understanding of Panamanian immigration laws or the assistance of a legal professional. Lastly, cultural differences and the pace of life may take time to adjust to, as the laid-back lifestyle may contrast with what retirees are accustomed to in their home countries," said one retiree in Coronado.

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 are the most rewarding aspects of retiring in Coronado?

"Retiring in Coronado, offers a tranquil tropical lifestyle with its beautiful beaches and warm climate, providing an ideal setting for relaxation and outdoor activities. The cost of living is relatively low compared to many North American and European countries, allowing retirees to enjoy a comfortable lifestyle with access to affordable healthcare and housing. The expatriate community in Coronado is vibrant and welcoming, making it easy for newcomers to make friends and integrate into social activities. Panama's Pensionado program offers retirees significant discounts on a range of services, including entertainment, transportation, and medical care, further enhancing the appeal of retiring in Coronado. The country's strategic location also makes it convenient for travel to and from the United States and other countries in the Americas. Additionally, the use of the US dollar as the main currency eliminates currency exchange concerns for American retirees. With its mix of modern amenities and natural beauty, Coronado provides a balanced environment for retirees seeking a peaceful yet engaging retirement," explained a retiree in Coronado.

What are healthcare services like in Coronado?

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

"Healthcare services in Coronado, are generally considered to be of good quality, especially for the region. Coronado has a range of medical facilities including clinics and hospitals that cater to both locals and the expatriate community. The town has attracted a number of retirees, which has influenced the availability of healthcare services geared towards senior care and chronic disease management. Private healthcare is predominant, with facilities equipped with modern medical technology and staffed by skilled healthcare professionals, including specialists who are often bilingual, speaking both Spanish and English. Many of the doctors and medical staff in Coronado have trained internationally, which helps in providing a standard of care that is familiar to North American expatriates. Pharmacies in Coronado are well-stocked and can provide many of the medications that are available in North America, often without the need for a prescription. For more complex medical issues or specialized treatments, residents may travel to Panama City, which is about an hour's drive away and offers a wider range of medical services and facilities with advanced capabilities. Overall, Coronado's healthcare services are convenient for routine medical care and emergencies, with the added benefit of being in a location known for its pleasant climate and scenic surroundings, which can be conducive to recovery and overall well-being," said a person in Coronado.

How do I meet people in Coronado?

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

"In Coronado, expats often join a variety of clubs and activities that cater to their interests and help them integrate into the local community. Many expats participate in social clubs that organize regular gatherings, dinners, and cultural events, providing opportunities to meet fellow expatriates and locals. Golf is a popular activity in Coronado, and expats frequently join the local golf club, which is a hub for social interaction and networking. Beach activities are also common, with expats engaging in surfing, paddleboarding, and beach volleyball, among others. For those interested in fitness and wellness, yoga classes and fitness groups are available, often held in outdoor settings to take advantage of the beautiful surroundings. Art and language classes offer another avenue for expats to connect with others while learning new skills. Spanish language classes are particularly popular, as they help expats communicate more effectively with the local population. Volunteering is another way expats meet people and give back to the community. Many expats get involved in local charities, animal rescue organizations, and environmental conservation efforts, which can lead to strong bonds with like-minded individuals. Expats also meet people through informal networks and by frequenting local restaurants, cafes, and bars where they can strike up conversations and make new friends. Social media and online forums specific to the expat community in Coronado are also valuable resources for finding events, meetups, and connecting with others who share similar interests. Overall, the expat community in Coronado is quite active, and there are numerous opportunities for newcomers to integrate and form meaningful connections through shared activities and interests," remarked one retiree in Coronado.

What is life like in Coronado?

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

"Life for expats and digital nomads in Coronado, is often described as relaxed and comfortable, with a strong sense of community among the expatriates. The town offers a beautiful beachfront setting, which is perfect for those looking to enjoy a tropical lifestyle. The cost of living is generally affordable, allowing for a good quality of life without breaking the bank. The expat community is quite active and welcoming, with various social groups and activities that make it easy for newcomers to integrate and make friends. There are numerous restaurants, bars, and cafes that cater to international tastes, and many expats enjoy the local cuisine as well. For digital nomads, the availability of amenities such as reliable internet and co-working spaces enables them to work effectively while enjoying the laid-back environment. The proximity to Panama City also provides access to more urban services and entertainment when desired. Outdoor activities are plentiful, with opportunities for surfing, golfing, and hiking. The climate is tropical, with a wet and dry season, but the temperature remains warm year-round, which is ideal for those who prefer a warmer climate. Healthcare in Coronado is considered good, with clinics and hospitals that provide quality medical care, and some health professionals who speak English, which is reassuring for expats. Overall, Coronado offers a blend of leisure and convenience that appeals to expats and digital nomads looking for a slower pace of life without sacrificing the comforts and connectivity they need," said a person in Coronado.

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 Coronado?

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

"Panama is NOT a good place for people with a "Service Dog" or a "Guide Dog". In general, many people are scared of all dogs because most dogs in Panama are GUARD DOGS for their property. Panama is behind the times in its thinking about "Service Dogs". In Canada (and the USA) all Service and Guide dogs are accepted everywhere. People who have such a "partner" really need that dog in their life. He is their "lifeline". They are highly trained and do not bother other people. Their main interest is the care of their owner! They DO NOT have "accidents" and they do not bother other people. 99% of the time they are very friendly with all people they meet. In Canada & USA the Service Dogs are fully accepted and allowed to go everywhere their owner wants to go. That includes all stores, clinics, businesses and restaurants. This is a fact of the 20th Century. Panama needs to catch up! These dogs are highly trained and get to need their owner as much as the owner needs them," remarked one retiree in Coronado.

"Expats considering retirement in Coronado should be aware of several key factors to ensure a smooth transition and enjoyable lifestyle. Firstly, understanding the local language is important; while many locals speak English, Spanish is the official language, and knowing it can greatly enhance daily life and integration into the community. It's also essential to familiarize oneself with the legal requirements for residency, which may involve obtaining a pensionado visa that offers retirees various discounts and benefits. The cost of living in Coronado is generally lower than in many Western countries, but it's important to budget accordingly, especially if you plan to enjoy the various amenities and activities available. Healthcare is another critical consideration; Panama has good healthcare facilities, and Coronado is no exception, but expats should investigate health insurance options to ensure coverage. The climate in Coronado is tropical, with a wet and dry season, so newcomers should be prepared for hot and humid conditions, as well as a significant amount of rainfall during certain times of the year. The expat community in Coronado is well-established, offering a support network for newcomers, but it's still important to engage with the local culture and community. Safety and security are generally good in Coronado, but as with any location, it's wise to take standard precautions and stay informed about local issues. Finally, understanding the local real estate market is crucial if you plan to buy property; it's advisable to rent first to get a feel for the area and seek professional advice before making any purchase," said a retiree who moved to Coronado, Panama.

What type of recreational activities are there in Coronado?

"Coronado offers a variety of recreational facilities for visitors and locals alike. The Coronado Golf and Beach Resort is a popular destination, offering a championship golf course, a beach club, and a variety of restaurants and bars. The Coronado Beach is a great spot for swimming, sunbathing, and beach volleyball. The Coronado Mall is a great place to shop, with a variety of stores and restaurants. The Coronado Marina is a great spot for fishing, boating, and other water activities. The Coronado Country Club is a great place to relax and enjoy a round of golf. The Coronado Yacht Club is a great spot for sailing and other water sports. Finally, the Coronado National Park is a great place to explore the natural beauty of the area," explained one member in Coronado.

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

"Coronado is a popular destination for expats, and there are plenty of places to buy groceries and do other shopping. Super 99 is a large supermarket located in the center of Coronado, offering a wide selection of groceries, household items, and other goods. For fresh produce, the local farmers market is a great option, with vendors selling a variety of fruits, vegetables, and other local products. For more specialized items, there are several small shops and boutiques in the area, such as the Coronado Mall, which offers clothing, jewelry, and other items. Additionally, there are several pharmacies and health stores in the area, as well as a few convenience stores," said one retiree in Coronado.

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.

Coronado, 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

Business Panama Group
Business Panama Group

Copyright 1997-2025 Burlingame Interactive, Inc.

Privacy Policy Legal Partners & Local Guides