Panama vs. Costa Rica

16 years ago
Hello, my boyfriend and I have our houses on the market in the US (Connecticut) and once they sell, we are on our way. Our org. plan was Costa Rica and to rent in various areas before buying and settling down. On our recent visit a week ago, a couple expats said 'go Panama'. We hadn't really considered Panama until now and have done some research on line. Looks like importing is easier and cheaper (car & household goods), looks a bit easier and cheaper to obtain a residency status. I do love CR tho. Does anyone have any experience living in both countries? We are little fish. We want to buy a house for around $200,000 and a boat. We want to live on about $2000 a month which we'll get from our small retirement/investments. We are in our mid 40's and just looking to get out of rat race and live simple and fish a lot.

Also, I'm getting mixed messages on the time I can spend in Panama as a tourist...1 month or 3? Is it easy to get the extension to 3? After 3 months can I leave for a few days and come back and start all over? This is not my long range plan but I do want time to explore and shop real estate.

Thanks ALL.

BlueCross BlueShield Global Solutions
BlueCross BlueShield Global Solutions
Caballero Méndez & Candanedo
Caballero Méndez & Candanedo

Our firm is especially recognized for its Immigration and Visa services, helping clients relocate smoothly, obtain residency, and comply with Panama’s legal requirements. We make the migration process clear, efficient, and stress-free, so you can focus on what truly matters: starting your new life or business project with confidence.
Learn More

Caballero Méndez & CandanedoCaballero Méndez & Candanedo

Our firm is especially recognized for its Immigration and Visa services, helping clients relocate smoothly, obtain residency, and comply with Panama’s legal requirements. We make the migration process clear, efficient, and stress-free, so you can focus on what truly matters: starting your new life or business project with confidence.
Learn More

BlueCross BlueShield Global Solutions
BlueCross BlueShield Global Solutions

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