Coronado, Panama

Why do people move to Panama?

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When we asked people why foreigners move to Panama, they responded...

"Panama is a popular destination for expats looking to move overseas. It offers a high quality of life, US Dollar as currency, favorable tax laws, tropical climate, multiple immigration programs catering to any profile, first world healthcare, top education options, low cost of living and welcoming locals, among other things," 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.

"Here you have a slower, more rural life-style, with nearby little-used beaches and modest cost of living. There is a restaurant called Smiley's where expats tend to gather. And November 25 there are wonderful parades and traditional dress. In February for carnival the dress is modern and parades and floats resembling Rio. There is a health clinic in town where you can consult a doctor for $2.00, or you can drive into one of the bigger cities like Chitre (1 hour away) for specialists. The weather is temperature consistent, but from December through April it is DRY, whereas May through November it rains a lot, but still with quite a bit of sunshine," wrote a member who made the move to Pedasi, Panama.

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Why do people move to Panama?

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About the Author

Joshua Wood Joshua Wood 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.

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