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Real Estate, Residency and Relocation Guide


Life and Leisure

Casco Viejo (above) is one of the most historical neighborhoods in Central America.

Most notable are Panama's long empty beaches, pristine forests, friendly and hospitable people, and affordable cost of living.

Add high-speed Internet, satellite TV, international cuisine, and offshore tax savings, and Panama becomes a very attractive place to live and invest.

Activities

Biking, horseback riding, surfing, boating, scuba diving, fishing, bird watching, gardening, and hiking are all available and excellent in Panama.

Panama City offers casinos, nightclubs, shopping, live theatre, and some of the finest international cuisine in Latin America.

The scenery is spectacular and diverse. There are more than 1600 islands, blankets of lush cloud forests, exotic jungles, and endless white sand beaches to explore. The photo (left) shows the catch of the day in Bocas Del Toro.

 

Climate

Panama maintains a tropical climate along the coast with fresher temperatures in the highlands. At sea level, temperatures usually hover around 30-33 degrees Celsius (90-100 degrees Fahrenheit) in the afternoon and drop to the low twenties at night (70's Fahrenheit). In mountainous towns like Boquete and Volcan, subtract about 8 degrees Celsius.

The Pacific coast receives a distinct dry season between December and May with occasional showers during the wet season. The Caribbean receives a mix of sun and afternoon showers for most of the year (the photo, left, pictures a Caribbean beach near Isla Grande in the Province of Colon).

 

Music

In Panama City there are live Cuban, Colombian, jazz, blues, salsa, reggae and rock performances. Outside of Panama City, regional festivals take place throughout the year featuring local musicians and dancers.

This photo (left) pictures a live rock concert in the Boquete town square. Both English and Spanish language sets were performed.

 

Costs

Costs are low. A typical meal of rice, beans, beef or chicken and salad costs $2.00. A flight from Panama City to David or Bocas Del Toro costs about $50.00 each way. Laborers work for $1.00 per hour. Professional services like medical, dental, as well as construction costs are also cheap.  Rent for vacation homes and hotels range from very economical to luxurious. 

 

People

Panamanian people are extremely generous and hospitable to visitors. 

Most of Panama is rural farm country and the residents have a relaxed, friendly pace of life. 

Panama has an extensive Indigenous population with seven distinct traditional cultures.

 

Security

In general, extreme poverty is not as common in Panama as it is in many other Latin American countries and the result is a low rate of crime. Panama has no military, and police tend to leave tourists alone.

As in any large city, precautions should be taken at night in Panama City. Taxis are cheap and readily available and are the best mode of transportation for visitors in Panama's cities.

Complications in Colombia have very little impact on Panama. Isolated incidents occur in very remote jungle areas near the Colombian border.

Lifestyle Articles

Las Lajas - Las Lajas in the most popular beach destination in the Province of Chiriqui, Panama.

Volcan Baru - Volcan Baru is the highest peak in Panama offering incredible ocean views and spectacular cloud forest.

Santa Catalina - Santa Catalina has the best surf break in Panama.

Lifestyle Links

www.thepanamanews.com

Panama's bilingual newspaper.

www.AMSOC.org

The American Society of Panama has helpful information about upcoming events in Panama and other info about life in Panama.