Central America
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Get Started, Panama Special Reports, Real Estate & Investing, Retirement & Lifestyle
Your Complete Guide To Investing In Panama Today
Get Started, Panama Special Reports, Real Estate & Investing, Retirement & LifestyleYour Complete Guide To Investing In Panama Today
Panama could arguably be called the world’s best offshore haven. The country is the biggest international banking center in the region and is a U.S.-dollar jurisdiction, meaning stability and simplicity in your financial transactions. It’s the easiest and most advantaged place in the world to establish residency. The infrastructure is of a high standard and things generally work—the internet, cable TV, phone service, etc., are all nearly as reliable as anywhere in the States. The roadways and highway systems are being constantly expanded and improved.
Economically, Panama is one place in the world that’s enjoyed continued growth and prosperity—and is positioned for a whole lot more of the same over the coming decade. Plus, it’s one of the few Latin markets where it’s possible for you, as a foreigner, to borrow locally to buy real estate (although that’s become more difficult). And all of that translates into massive investment opportunities.
If you are in the market right now for a place to invest (or live, or retire, or do business) overseas, you’re doing yourself a big. We’ve been making the case for Panama for nearly 20 years now, and we’re more bullish on the opportunities and upsides on offer in the Hub of the Americas than ever before. In this Special Report, Live and Invest Overseas makes the case for Panama.
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Boca Chica and Boca Brava, Panama
Get Started, Panama, Panama Special Reports, Retirement & LifestyleBoca Chica and Boca Brava, Panama
Boca Chica is a beach town found in southwestern Panama’s Chiriquí Province. Lapped by the life-rich waters of the Pacific Ocean, it’s famous for having some of the best beaches in Panama. Directly in front of Boca Chica is Boca Brava Island, a protected area that’s ideal for stand-up paddle boarding, kayaking, or anchoring your boat.
The real draw to this town are the two (free) municipal boat ramps that serve as the gateway to the surrounding islands and coral reefs which make up the Gulf of Chiriquí National Marine Park. Wildlife you might encounter here includes howler monkeys, tiger herons, green iguanas, hawksbill and leatherback turtles, hammerhead sharks, white-tipped reef sharks, manta rays, and dolphins. Humpback whales calve here from August to November.
This is an incredible place for boating, fishing, wildlife viewing, snorkeling, and scuba diving. Discover Boca Chica and Boca Brava in this Panama Special Report.
SKU: PSR-BOCA-CHICA -
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Bocas del Toro, Panama
The Caribbean Coast of Panama is notoriously underdeveloped—a pro or a con depending on what kind of lifestyle you’re looking for. This side of the country’s infrastructure is basic at best, and, as a result, fewer foreigners have settled on Panama’s northern side. English is less generally spoken than on the Pacific side, though the touristy Bocas del Toro is an exception— here the high volume of visitors means most working in the service industry speak English, and many businesses are American or Canadian owned.
Bocas del Toro is often regarded as Panama’s top tourist destination—and for good reason, too. This is one of the most pristine areas on Panama’s Caribbean coast, and tourists have taken note of its dense rain forests, clear and clean turquoise water, and white-sand beaches.
Bocas del Toro is a province in Panama consisting of a small portion of the mainland as well as an archipelago of nine islands. It borders the Caribbean Sea to the north, Chiriquí to the south, Costa Rica to the west, and the indigenous Ngäbe-Buglé comarca to the east.
Until recently, it has been regarded as little more than a slum. To be fair, some corners of the town could leave you with that impression, but things are changing here.
The government is beginning to take note of the tourism potential and is investing in infrastructure accordingly. As recently as a decade ago, paved roads, sewage treatment, and even slightly reliable electricity had yet to arrive to town. Today, Bocas is more attractive than ever before and continues to improve thanks to the locals, tourists, and foreign residents alike. Improvements in infrastructure are ongoing and at a steady pace. Even recycling has now been recognized as a necessity if they are to save their pristine sand and surf.
SKU: PSR-BOCAS-DEL-TORO -
Get Started, Overseas Haven Reports, Panama, Retirement & Lifestyle
Bocas del Toro, Panama | Overseas Haven Report
Get Started, Overseas Haven Reports, Panama, Retirement & LifestyleBocas del Toro, Panama | Overseas Haven Report
Bocas has been regarded before as little more than a slum. To be fair, some corners of the town could leave you with that impression, but things are changing here. The government is beginning to take note of the tourism potential and is investing in infrastructure accordingly. As recently as a decade ago, paved roads, sewage treatment, and even slightly reliable electricity had yet to arrive to town. Today, Bocas is more attractive than ever before and continues to improve thanks to the locals, tourists, and foreign residents alike.
Improvements in infrastructure are ongoing and at a steady pace.
Small-scale, start-up tourism businesses have begun to take hold here, becoming the best option for a Caribbean escape in Panama. From cheap backpacker hostels and bars, to extensive forest, yoga, or adventure retreats, a trip to Bocas can be a “roughing it” experience or a luxury relaxation. Improvements in infrastructure are ongoing and at a steady pace. Even recycling has now been recognized as a necessity if they are to save their pristine sand and surf.
Come nightfall, Bocas buzzes with activity. Hostels, bars, and hostel-bars are full of visitors from around the world, eating, drinking, socializing, and enjoying live music.
You could even do business in Bocas if you know what you’re doing and can find the right market niche or demand, and do well for yourself. As for real estate, you can find properties at prices from both sides of the spectrum; old buildings from failed businesses, renovated houses, or luxurious forest mansions designed by acclaimed architects.
Bocas has beauty, charm, and progress. Bocas is never boring.
This carefree, stunning destination has a character and a magnetism all its own.
SKU: OHR-BOCAS-DEL-TORO -
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Boquete, Panama
Boquete is unlike any other town in Panama. The combination of its stunning natural setting, perfect temperate climate, and large expat contingent makes it a natural choice for those contemplating a move to Panama. It is located in western Panama, about 37 miles from the Costa Rican border. It’s part of Chiriquí Province, the capital of which, David, lies 30 miles to its south.
The tropical heat that Panama is famous for is much less intense in Boquete, and thanks to all the rain, it’s less dry than lower-altitude areas.
Boquete has the highest density of expats in Panama, and it’s fascinating and heartwarming to watch them intermingle seamlessly with third-generation boqueteños, indigenous people, and everyone in between.
Boquete is one-of-a-kind and a beautiful place to call home, but it also has its foibles and isn’t necessarily for everyone… Keep reading and find out if it could be your new home overseas.
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Casco Viejo, Panama City, Panama
The tiny finger of land that pokes out from Panama City’s southeastern corner and into the Pacific Ocean is San Felipe—better known to most as Casco Viejo, Casco Antiguo, or, simply, Casco.
Casco is laid out in grid format like a classic European city. Every few blocks, you’ll find a tree-lined plaza or the spire of a cathedral, all of which casts an Old World charm over the place. At only four avenues wide, the neighborhood is small and compact; a tiny treasure trove of historical structures best explored on foot. But despite all the visual reminders of the past, it’s also constantly evolving…
Most of Panama City’s cultural events are hosted in Casco Viejo. On any given day, you attend a gallery opening, watch a parade, listen to a concert, or stumble upon an impromptu event on the streets. There’s almost always something going on here… The best way to find out about events is to simply wander the streets.
Casco is sought out by tourists from around the world… If the prospect of living in the thick of all the action sounds appealing, Casco is probably for you.
SKU: PSR-CASCO-VIEJO -
Get Started, Overseas Haven Reports, Panama, Retirement & Lifestyle
Casco Viejo, Panama | Overseas Haven Report
Get Started, Overseas Haven Reports, Panama, Retirement & LifestyleCasco Viejo, Panama | Overseas Haven Report
In this Overseas Haven Report, we offer in-depth, insider intel on Casco Viejo in Panama City, Panama, an eclectic and ever-evolving enclave where luxury-level properties coexist with centuries-old, colonial-era wonders.
Often regarded as the Soho of Latin America, the historic neighborhood of Casco Viejo offers a different kind of ambience than is found throughout the rest of Panama City, or even all of Central America. Reminiscent of French-colonial New Orleans, modern-day Casco, with its vibrant cultural scene and world-class dining, is a multicultural mosaic from around the world.
SKU: OHR-CASCO-VIEJO-PANAMA -
Belize, Get Started, Overseas Haven Reports, Retirement & Lifestyle
Cayo, Belize | Overseas Haven Report
Belize, Get Started, Overseas Haven Reports, Retirement & LifestyleCayo, Belize | Overseas Haven Report
Belize’s Cayo District has long held a certain mystique. It draws pioneer-types looking for elbow room; good, honest small-towners… and artists.
These expats have integrated into the friendly local community to organically grow an open-minded identity that celebrates healthy living, art, agriculture, environmental preservation, and diversity.
The area has not been inundated with corporate developers or daiquiri-drinking tourists… it has a feel that can’t be contrived or intentionally created.
SKU: OHR-CAYO-BELIZE -
Get Started, Panama Special Reports, Retirement & Lifestyle
Cerro Azul, Panama | Panama Special Report
Get Started, Panama Special Reports, Retirement & LifestyleCerro Azul, Panama | Panama Special Report
In this Panama Special Report, we bring you the peaceful mountain community of Altos de Cerro Azul.
Cerro Azul means “Blue Mountain,” and its name comes from its blue hue that’s visible from Panama City on a sunny day. Located at 874 meters (2,867 feet) above sea level in the heart of the Chagres rain forest, Cerro Azul promises cool weather, an abundance of wildlife, panoramic views, and a tranquility that’ll make you feel like you’re much farther than 45 minutes from the skyscrapers of Panama City.
Previously a little-known destination where only a handful of people had second homes, locals and expats are now flocking to Cerro Azul, drawn here by its proximity to Panama City and the freedom and autonomy it offers.
Though close enough to the city to make for convenient trips to the supermarket or doctor’s office, Cerro Azul feels like another world—one that’s far removed from the hustle and bustle of urban living.
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Chame, Panama
In this Panama Special Report, we bring you a closer look at the District of Chame and its most popular town, Punta Chame, which—in high season—draws beach-goers of all stripes, from surfers, kite-surfers, sport-fishermen, extreme sport-lovers, etc.
While it shares the same stretch of coastline as expat hot spot Coronado (which has seen major development over the past decade), Chame remains largely undiscovered, unpenetrated, and underrated.
Located in the Panamá Oeste Province, Chame comprises 11 small towns that sprawl out along the Panamerican Highway. On the hour-and-a-half drive it takes to reach the area from Panama City, you pass national parks, sleepy hamlets, mountains, and mangrove forests before finally arriving at the crashing waves of the Pacific Ocean.
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Chitré, Panama | Overseas Haven Report
Get Started, Overseas Haven Reports, Panama, Retirement & LifestyleChitré, Panama | Overseas Haven Report
In this Overseas Haven Report, we bring you the city of Chitré, located in Panama’s Herrera Province.
Chitré is not just any sleepy old rural town and, in recent years, it has overtaken all of its neighbors and Chiriquí in terms of growth. According to the United Nations Development Program, it’s also a great place to live, enjoying Panama’s highest quality of life based on factors such as the education level of its population and life expectancy, measured in the Human Development Index.
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Chitré, Panama
In this Panama Special Report, we bring you the city of Chitré, located in Panama’s Herrera Province.
Chitré is not just any sleepy old rural town and, in recent years, it has overtaken all of its neighbors and Chiriquí in terms of growth. According to the United Nations Development Program, it’s also a great place to live, enjoying Panama’s highest quality of life based on factors such as the education level of its population and life expectancy, measured in the Human Development Index.
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Churches of Panama
In this Panama Special Report, we offer a tour of Panama’s most famous and historically important churches.
Panama is home to hundreds of beautiful and significant religious structures, and a tour of the country through her churches reveals much about her history. This report takes a look at some of these churches and the architectural, historical, and other interesting tidbits associated with them.
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Colón, Panama
In this Panama Special Report, we bring you the city of Colón, which in many ways is the counterpoint to Panama City, which is located on the opposite end of the Panama Canal.
Aside from Panama City’s colonial old town, nowhere else in Panama has the same architectural charm—except for Colon.
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Cool Panama: Your Top Temperate Destinations…
Get Started, Panama Special Reports, Retirement & LifestyleCool Panama: Your Top Temperate Destinations…
Panama’s doesn’t have many options for climate other than tropical… there are only a few places on this little isthmus that enjoy lower humidity and/or lower temperatures than their sea-level counterparts—and, yes, all of these cooler havens are above sea level. But there are a handful of appealing destinations that offer something close to springtime weather. In this report, we take a look at Panama’s top options for temperate-climate living.
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Coronado, Panama
Panama is surrounded by beaches, and Panamanians have a variety of weekend getaways to choose from, but Coronado, only about an hour’s drive outside the city, isn’t just any beach. It’s the most turn-key, expat-friendly beach community in Panama.
Coronado is a town where expats gather for drinks, dinner, and dancing at least twice a week. Three international schools are located either in the town or the surrounding Pacific beach areas.
You can also keep the kids (and yourself) busy with an equestrian school, a surfing school, and even golf classes, all available right in town. Panama correspondent Chris Powers describes Coronado as the “furnished home of the tropics.” Whether you are looking for an oceanside retirement retreat, a place to raise your kids, or a weekend getaway, you’ll have no problem adjusting to your new home away from home in Coronado.
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Costa del Este, Panama
Most important cities across the world have one… New York has Battery Park, London has Canary Wharf, and Paris has La Défense.
Panama has Costa del Este.
Panama’s biggest modern-day planned community is no longer merely an office-based, nine-to-five neighborhood equidistant from the airport and downtown. This area now boast shops, bars, restaurants, and a residential side. In fact, it has metamorphosed into a complete lifestyle choice.
This Special Report takes an insider look at this exclusive enclave, from schools and family life to the multinationals headquartered here as well as the bustling food scene and beyond. If you’ve been wondering what the good life is like in one of Panama City’s most well-heeled neighborhoods, this guide has you covered.
It’s simply the best neighborhood in the city for young families…It’s clean, well maintained, safe…and close enough to the city for convenience but far enough removed for peace and quiet.
Costa del Este has excellent schools, parks, and daycare facilities…and all the shopping and services a family would need. Further, mom and dad might not even have to commute downtown everyday since Costa del Este has attracted numerous multinational and Panamanian corporations who’ve set up shop in the neighborhood’s commercial zones.
The cost of living is higher in Costa del Este than anywhere else in the city, but you’d be paying for a lifestyle that others dream about. And with more shops, hotels, restaurants, a new town center, and more corporate offices on the way, we don’t expect the appeal of Costa del Este, the Panamanian Dream, to diminish anytime soon.
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David, Panama
The province is famous for its agricultural production, particularly its cattle. The capital, David, a middle-class town built on farming, feels like a down to earth, straightforward kind of a place.
Big tractors for big farming abound here. If your interest in Panama includes any investment agenda, this part of the country should have your attention.
The City of David is 445.4 kilometer from Panama City––about six hours by car or bus. It’s also about a one-hour drive from the Costa Rica border.
If you’re not up to driving or taking the bus, there are daily flights from the Marcos A. Gelabert Airport in Panama City to Enrique Malek Airport in David.
Infrastructure in David is equal to Panama City. Electricity, telephone, water, trash pickup are all here.
In this Panama Special Report, we bring you the expat-friendly city of David, Panama.
David boasts a busy social calendar. Club David is the Chiriquí equivalent of the Club Union in Panama City, “the” place for business and social events with the right people. Each year, Club David hosts many events for the local community and many events for various charities. Most are open to the public.
In March there’s the Feria International de David (International David Fair). Check out the exhibits, eat the food, and don’t miss the Horse Parade.
Like most areas in Panama, David doesn’t have much of an infrastructure for someone with a disability. To get around using a wheelchair would be nearly impossible. However, there is some progress being made in this area. The progress is slow, but it’s well on its way.
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El Cangrejo, Panama City, Panama
In this Panama Special Report, we bring you one of the most fun and eccentric neighborhoods in Panama City; El Cangrejo.
El Cangrejo’s mix of people from all over the world offers an interesting mix of cultures. Many regard El Cangrejo as Panama City’s most lively and expat-friendly area. The neighborhood is walkable and offers an abundance of tree-lined streets under which to grab some shade and perhaps a bite to eat. If you are interested in living in Panama City, this is one of the first places we recommend you look.
SKU: PSR-EL-CANGREJO -
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El Cangrejo, Panama City, Panama
In this Overseas Haven Report we provide all the essential information for establishing yourself in El Cangrejo, Panama City. In this trendy and very expat-friendly neighborhood, one of our favorite in all Panama City, you’ll find just about anything within walking distance.
This area is also a top choice among young business professionals and retirees alike, for its shade-lined roadways provide a nice spot to work on the go, or enjoy a free afternoon grabbing a bite to eat at one of the many restaurants.
SKU: OHR-EL-CANGREJO-PANAMA