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Boquete, Panama

What do I need to know before moving to Panama?

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Universal Tax Professionals
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Universal Tax Professionals

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

"Before moving to Panama, it's crucial to understand the visa and residency requirements. Familiarize yourself with the process and prepare for legal procedures such as opening a bank account and obtaining a driver's license. Explore the available housing options to suit various needs and budgets. Learning Spanish is essential, as it's the primary language in Panama. Additionally, research educational opportunities for your children and consider factors like public transportation, safety, and basic infrastructure. Get acquainted with Panama's cultural and recreational offerings to fully enjoy your experience in the country. It's also valuable to explore the recreational and sports options available in Panama. From pristine beaches to outdoor activities like hiking, surfing, and diving, the country offers a wide range of opportunities to enjoy nature and maintain an active lifestyle. Additionally, there is a vibrant sports scene with local and international events that may interest sports enthusiasts," wrote Moises Alvarado N. from Panama Legal Business (PANLEB).

Moisés Alvarado Navarro is an experienced legal advisor in Panama and has assisted numerous foreigners in establishing themselves in Panama.

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

Moisés Alvarado Navarro is an experienced legal advisor in Panama and has assisted numerous foreigners in establishing themselves in Panama.

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

"Definitely rent. When you find a short-term rental you really like and you demonstrate to the owner that you can be trusted they will probably let you reserve it a year in advance. That’s what we do, but we are considering the possibility of looking for a yearly lease which might cost about the same as 4-6 months short term. It would have to be a place where the owner lives nearby and can keep an eye on things. The advantage would be that you can furnish it the way you want and keep your stuff there when you are away. As far as I can see that would be cheaper and more convenient than buying," explained one expat living in Panama.

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What do I need to know before moving to Panama?

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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.

Boquete, Panama

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