Why Choose Panama?
Panama excels for retiring in Panama, living in Panama, and Panama real estate investment with its strategic location, dollarized economy, and modern infrastructure.
From cosmopolitan Panama City to mountain towns like Boquete, enjoy First World amenities at developing-world prices.
Singles
$1,000–$1,250/month
Couples
$1,800–$2,500/month
Rent
$500–$800/month
Retiring in Panama
The Pensionado Visa offers retirees:
- Low Requirements: Just $1,000/month pension income
- Discounts: 25% off flights, 50% off entertainment, 15% off healthcare
Healthcare options include:
- Private insurance ($50–$100/month)
- Modern hospitals in Panama City
Top retirement spots: Panama City’s banking district, Boquete’s highlands, and Coronado’s beaches.
Panama Real Estate
Thriving property market features:
- $1,500–$3,000/m² in Panama City
- Beachfront homes from $200,000 in Bocas del Toro
- Mountain properties in Boquete ($150–$250/sq ft)
- 6-8% rental yields in tourist areas
Foreigners enjoy equal property rights, with strong title insurance laws. New developments focus on luxury and sustainability.
Living in Panama
Moving to Panama
Begins with 180-day tourist visa, then residence application requiring income proof ($1,000/month pension or $5,000 investment). Banking with Banistmo or Global Bank recommended.
Residency & Citizenship
Permanent residency comes with Pensionado approval. Citizenship requires 5 years residency, Spanish basics, and Panama history knowledge.
Lifestyle Highlights
Dollarized economy eliminates currency risk. Enjoy canal views, rainforest biodiversity, and tax-free shopping in Colon Free Zone. Large expat communities provide instant networks.
