Digital Nomad Exchange
Free MembershipSign In
Boquete, Panama

Retire in Panama

By Joshua Wood, LPC

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.

GeoBlue
GeoBlue
GeoBlue
GeoBlue

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.

Answer Question & View More Answers

GeoBlueGeoBlue
Get Quote

GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!

GeoBlueGeoBlue

GeoBlue is a trusted leader in international health insurance. Wherever your destination, GeoBlue can keep you and your family covered with the right health insurance. Get a GeoBlue Quote Today!
Get Quote

What advice do overseas retirees have for others considering retiring abroad?

Please login to continue reading this article.

Not a member? Join Today (it's free).

About the Author

Joshua Wood 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.

GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Panama GuidePanama Guide
Learn what digital nomads and expats have to say about living in Panama.

Panama Forum Panama Forum
Talk with other digital nomads and expats in Panama on our Panama forum - meet people, get advice and help others.

Contribute to Panama Network Contribute
Help others in Panama by answering questions about the challenges and adventures of living in Panama.

Expat Healthcare Advice in PanamaHealthcare & Health Insurance in Panama

Digital Nomads in Panama offer advice about healthcare, hospital visits, emergency rooms visits, finding a doctor and buying health insurance in Panama.

Real Estate in PanamaRentals in Panama

Rentals in popular cities and towns in Panama.

Guide to Real Estate in PanamaGuide to Rentals & Real Estate in Panama

Advice for people renting and buying real estate in Panama.

Boquete, Panama

GeoBlue
GeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

GeoBlueGeoBlue

Top-quality coverage for people who live, work, study and travel internationally.
Get Quote

Contribute to Panama Network Contribute
Help others in Panama by answering questions about the challenges and adventures of living in Panama.

GeoBlue
GeoBlue

Copyright 1997-2024 Burlingame Interactive, Inc.

Privacy Policy Legal