Retire in Panama
Last updated on Mar 09, 2024
Summary: Retirees are attracted to Panama for its low cost of living, excellent healthcare system, and vibrant culture. Panama also offers retirees a tropical climate with temperatures ranging from the mid-70s to the mid-90s Fahrenheit throughout the year.
What is it like to retire in Panama?
"Our little island is pretty calm. No nightlife, which is one of the reasons we chose it. A constantly changing landscape with the ships waiting for the Panama Canal, whales and dolphins in the waters out front and views of the neighboring islands," said a retiree who moved to Taboga Island, Panama.
"None of us expats admit to being expats. It's an unspoken agreement. Oh yeah, even with masks and covid lockdowns and general covid paranoia there are cultural attractions, recreations, and the nightlife never stops. The fireworks have been going nonstop celebrating Christmas, 24 hours a day. Fortunately I'm partly deaf..," said one retiree in Las Tablas.
"For 9 years we have lived in the beauty and undiscovered area near Portobelo Colon. If you love nature it is the most beautiful peaceful area. Snorkeling on the reefs right outside our home, watching the Tucans fly over our house. Spending our days with others that love the peaceful, natural environment. It is cheaper to live in this area and still only 1 hour to the city if you need a visit to Pricemart," commented one retiree living in Panama.
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About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad 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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