What do I need to know before retiring in Panama?
When we asked people what advice they would give someone preparing to move to Panama, they said...
"Do not be surprised by the most modern technological society living in a first class environment," remarked another expat who made the move to Panama City, Panama.
"So what is it about Panama that makes it such a retirement haven for retirees all over the world, especially American and Canadian retirees? Is it that Panama is one of the safest countries in Central America, or is it the all-year-round tropical climate? Is it the abundance of American expat retirees, or its lucrative senior citizen programs? The answer is, all of the above and more. Panama is one of the few countries that brings almost everything to the table when it comes to a comfortable life for retirees," wrote Business Panama from Business Panama Group.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
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Other Questions:
- What should I pack when moving to Panama?
- Where should I setup a bank account in Panama?
- Will I be able to find a job in Panama?
- What is life like in Panama?
- What do expats in Panama appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Panama?
- Is there a lot of diversity? Are people in Panama accepting of differences?
- What are the schools in Panama like?
- What are healthcare services like in Panama?
- What are medical services in Panama like?
- Are healthcare and health insurance expensive in Panama?
- What are emergency services like in Panama?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Panama?
- How are local medical facilities in Panama?
- As a foreigner living in Panama, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know before retiring in Panama?
If you live in Panama, newcomers to Panama would love to hear your answer to this question.
About the Author
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.