Panama Special Reports
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Panama Canal Zone, Panama City, Panama
For all intents and purposes, the “Zone” (as it was known prior to its handover to Panama in 1999) was U.S. sovereign territory. Residents were mainly U.S. military personnel or employed by the Panama Canal Company, which was controlled by the U.S. government.
With its old military barracks and facilities, these neighborhoods are tropical residential areas with unique architectural designs, popular with immigrants and those wanting to get away from the city and closer to nature.
Adjacent to the Amador area is the Balboa neighborhood, still a potential source of a convertible U.S.-style original home.
Albrook is filled with prior military barracks and officer quarters. One of the great things about Albrook, is how calm and quiet the area is. You can sit outside and listen to the breeze and kids playing in playgrounds nearby.
Clayton is spread over quite a large area separated by green areas and forest. There are a number of separate communities as well as some large private schools such as Colegio Javier, Las Esclavas, and Kings College, the British school of Panama. The U.S. Embassy is also located in this neighborhood.
As you enter the City of Knowledge area, you see row after row of one-story houses, which are now used for hospitality housing. Many visiting scientists and researchers stay in these houses while working in the area. City of Knowledge was really the original model by which the Panamanian government began to convert military installations to civilian facilities.
There’s plenty of entertainment around the former Canal Zone. Plus, you’re practically in Panama City, so you’re only minutes from everything else the city has to offer…
When the United States had control of the Panama Canal, this area was known as the Canal Zone (or Áreas Revertidas del Canal de Panama), and it is approximately 550 square miles.
The neighborhoods that make up the former Canal Zone, now known as Áreas Revertidas, are Ancón/ Balboa, Albrook, Diablo, Los Rios, Curundu, and Clayton/City of Knowledge…
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Panama City Beaches Area
The area between Punta Chame and Rio Hato are known as the arco seco, or the dry arc.
What’s so special about the arco seco? While many areas of Panama get 100 inches of annual rain, the arco seco gets below 55 inches. This gives the beaches in this area better weather and sunnier days.
Coronado is at the center of the area that spans Punta Chame and Rio Hato. It was among Panama’s first resort developments and remains an area of high interest for expats, tourism, and vacationers. The cultural mix here includes Panamanians and expats from the Americas, Canada, Europe, and elsewhere.
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Panama City’s Path of Progress
Since being handed control of the canal from the United States, Panama has blazed a trail of economic advancement and prosperity, a course it’s still on today. The results are plain to see: a recently expanded canal, skyscrapers left and right (and new ones being built), and additional lines for the city metro system getting established…
Panama is synonymous with growth and is well on the way to achieving its goal of becoming the logistics and transportation hub par excellence for the region.
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Panama City, Panama
In this Panama Special Report, we bring you the thriving metropolis of Panama City, complete with an in-depth comparison of the city’s neighborhoods.
In this Panama City comparison guide, we give you a good idea about where you might want to base yourself, be it permanently or just for a little while. Note that some of the neighborhoods encompass smaller areas within them, while others are amalgamated with adjacent, similar areas. With dozens of subdivisions and even more neighborhoods within those subdivisions, we’ve arranged them in ways that make it easier to analyze and compare.
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Panama City’s Coastal Hot Spots
Panama is the S-shaped isthmus bordering both the Caribbean Sea and the Pacific Ocean, meaning it has no shortage of coastline…
Oceanfront properties are available all around, but does it mean that every coastal property in Panama City is desirable? LIOS insider insight reveals Panama City’s costal hot spots—Calidonia, Punta Paitilla, and Punta Pacífica.
Calidonia, the subject of recent city wide infrastructural improvements, is a district of Panama City located along Avenida Balboa, with the Mercado de Mariscos at its westernmost limit. Rough around the edges, but on its way to become a great place to park money for long-term capital gains.
Punta Paitilla is on the coast, meaning prime urban beach space, plus it has some of the oldest condo towers in the city and easy access to the entire city.
In Punta Pacífica, the game is high-rise condominiums. No other neighborhood better represents the sudden and dramatic transformation of Panama City than Punta Pacífica.
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Panama Legacy In Sports
In this Special Report, we pay tribute to Panama and its illustrious place on the world stage of sports.
With its World Cup debut, soccer has been front and center in the nation’s psyche, but Panama is far from being only about soccer…
In this report, you’ll learn about the remarkable Panamanians who made a name for themselves in sports history and discover how a culture of athletics is alive and well here, with opportunities for people of all ages and levels of proficiency. We share tips for getting active, from team sports like bowling and golf to solo activities like running, cycling, and swimming, plus all the contacts for you to get out and stay active—there’s something for everyone… Learn how to go hiking in Panama’s famous jungle parks, the best spots for yoga or surfing, plus our top picks for gyms, golf courses, and so much more!
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Panama Votes For A Change… Again!
For the sixth time since the 1989 U.S. invasion and ousting of Panamanian military ruler Manuel Noriega, Panamanians chose not to re-elect the ruling president’s political party.
Corruption dominated the narrative… which isn’t new in Panamanian politics. In 2014, Juan Carlos Varela was also elected on an anti-corruption message.
Panamanians had high hopes for Varela. But an ongoing bribery scandal involving Brazilian construction company Odebrecht ensnarled him. By late 2018, the Odebrecht case had over 75 suspects, 5 convictions, and more than US$255 million in recovered public funds. “Recovered public funds” just means past bribes.
Varela’s approval tanked from around 80% when he was first elected to 20% near the end of the term. People lost faith that he could reign in those exploiting Panama’s anything-goes political and economic climate. And they were right…
Enter pro-business, pro-agriculture, longtime anti-corruption advocate Laurentino “Nito” Cortizo. Panama’s prospects look bright.
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Panama’s Great Outdoors: A Local’s Guide
Get Started, Panama, Panama Special Reports, Retirement & LifestylePanama’s Great Outdoors: A Local’s Guide
El Valle de Antón is a well-known getaway to Panamanians and foreigners alike. You’ll find several hiking trails here for different levels. Cerro Cara Iguana and Cerro La Silla are two beginner level hikes to try.
Cerro Trinidad in Capira is considered to be an intermediate level hike. It takes about 1 hour and 20 minutes to reach the top. The entire path is through the forest, and it’s a steep hike.
More experienced hikers (or anyone up for a challenge) can try Tife Waterfalls in Coclé. This hike is two days long, but it’s best enjoyed if you take your time and spend three days.
Hiking is not the only outdoors recreational activity to do, though. The San Blas Islands in the Caribbean, whale watching at Coiba, and visiting the mountain town of Boquete are only a few of the things you could do…
Panama has many hiking trails for you to explore. Some trails require you train beforehand, while others you can do without any training at all. Some you can even use for training purposes. No matter what your level of experience with outdoors, though, don’t venture out into the forests of Panama without a guide…
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Panama’s Most Well-Known WILDLIFE HEROES
Get Started, Panama, Panama Special Reports, Retirement & LifestylePanama’s Most Well-Known WILDLIFE HEROES
The fight many worldwide organizations are putting up against poaching, illegal pet trade, trophy hunting, etc., is crucial. Panamanian organizations have taken a stand in defending, and even actively rescuing, local fauna.
Some organizations are dedicated to research, others to educating communities (particularly children) about the importance of conservation, and other organizations are dedicated to rescuing and caring for certain species.
The Pan-American Conservation Association (APPC) was founded in 2005 by Nestor Correa. This NGO’s mission is to preserve and protect Panama’s incredibly rich biodiversity. From its foundation until now, APPC has recused over 5,000 wild animals including ocelots, a jaguar, alligators, and monkeys. Their main rescue, though, are sloths.
APPC moved its rescue center and headquarters to the Gamboa Rainforest Resort in 2014, and it inaugurated the first Sloth Sanctuary in Panama in 2017.
Ricardo Moreno, a Panamanian biologist passionate about creating coexistence between jaguars and people, is founder and president of Yaguará Panamá. The organization focuses on research through data collection on the number of felines passing through and living on the isthmus.
Yaguará Panamá monitors individuals of specific species using tracking collars.
It’s important to know that anyone can help the conservation cause. Any action you take, no matter how small you may think it is, makes a difference.
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Panama’s Top 14 Retirement Destinations
It depends on your point of view. If you feel at home surrounded by decaying grandeur and crumbling pastel facades, then Casco Viejo could be the perfect Panama City neighborhood to base yourself in for retirement.
El Cangrejo is home to a fast-growing community of expats and foreign retirees who recognize and appreciate the unique quality of life on offer on what is arguably the most comfortable, convenient, and affordable downtown Panama City experience.
Santiago is the bustling capital and the commercial and political center of the Veraguas province, as well as the transportation hub for Central Panama. It is also a university town renowned for training the future teachers of Panama.
If highlands living is what you’re after, take a look Santa Fe of Veraguas Province—an unassuming, unsung town of about 3,000 people—comparable to popular Boquete but at a fraction of the price. In fact, this is one of the most affordable parts of the country.
The province of David is famous for its agricultural production, particularly its cattle. This is a middle-class town built on farming, feels like a down to earth, straightforward kind of a place. If your interest includes any investment agenda, this part of the country should have your attention.
Come to Panama, explore the city, get a feel for the countryside and coastal areas.
What we love about Panama is the sheer diversity of lifestyle options the country has to offer… from First-World city living to absolutely off-grid ruggedness, from rustic country living to upscale beach communities… this country has something to suit just about everyone…
Here’s an overview of our top 14 destinations to consider retiring to in Panama.
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Tierras Altas, Panama
Tierras Altas, a district in Chiriquí Province on the west side of Volcán Barú, is poised to become the next Boquete. Situated in the highlands of western Panama, it features comparable scenery—misty hillsides dense with greenery, gardens terraced into slopes, and abundant wildflowers. Its cool-weather climate and the outdoor lifestyle it affords are also similar…
But Tierras Altas is different to Boquete different in important ways. First, it’s still affordable. Everything from the cost of real estate to the cost of a burger costs less here, while costs in Boquete are closer to those of a mid-size U.S. city. Second, Tierras Altas is relatively unknown, while Boquete is one of the most famous expat communities in the world. Third, Tierras Altas is authentic and down-to-earth, while some complain of the imported American culture that dominates Boquete.
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Planting Flags In Panama
With recent tightening of regulations, how does Panama score today as an offshore jurisdiction for internationalizing your life and planting flags? This Panama Special Report by Lief Simon delivers the current state of affairs on the Isthmus, scoring the country using the Five Flags Strategy:
Flag 1: Asset Protection
Flag 2: A Bank Account
Flag 3: Residency
Flag 4: Citizenship
Flag 5: Investing
Discover if Panama if still a top go-offshore haven, whether getting a bank account is still possible in this post-FATCA era, and what residency options are available to you, no matter what your live-and-invest-in-Panama goals may be. If you’re thinking about investing in Panama or already have, you can’t afford to miss this special report.
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Panama: Province By Province
In this Panama Special Report, Panama: Province by Province, we go all-in, covering the entire country of Panama, including each of it’s 10 provinces.
To help you traverse through this great country—be it for work, play, or relocation—we’ve put together this A-to-Z country issue to help you get to know each province in depth—its culture and history… its economy and current state of infrastructure… its personality… and everything in between.
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Panama: Province By Province Copy
In this Panama Special Report, Panama: Province by Province, we go all-in, covering the entire country of Panama, including each of it’s 10 provinces.
To help you traverse through this great country—be it for work, play, or relocation—we’ve put together this A-to-Z country issue to help you get to know each province in depth—its culture and history… its economy and current state of infrastructure… its personality… and everything in between.
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Pedasí, Panama
Considered by many as the heartland of Panama, Azuero is home to more traditional Panamanian culture and folklore than any other area. The east coast of the Peninsula is dotted with quaint Panamanian villages steeped in vernacular history, pastoral folklore, and traditions, all held in the cradle of nature.
Getting around town is pretty easy. Bicycles are an important part of the transportation system. You see them everywhere. In Pedasí you could easily get by without a car. Sure, if you plan to head out of town often or want to shoot into the big city from time to time to pick up supplies, a car would be useful, but getting around the village can be done easily on foot or by bicycle. In fact, some locals still travel by horseback.
Farms, or fincas, make up a large part of the area around Pedasí. The road leading into and away from town is lined with farmland. Pedasí is home to a milk factory, and grows fruits and vegetable such as mangoes, rice, and corn. If you have an interest in farming your land, this is a great place to do it.
Pedasí is situated in the province of Los Santos, on the south-eastern tip of the Azuero Peninsula. The capital of the province is Las Tablas. The beaches surrounding Pedasí have become a lure to capital from around the world. People are buying tracts of land and lots, and are building and relocating to the equivalent of their vision of pristine paradise.
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Penonomé, Panama
In this Panama Special Report, we bring you the city of Penonomé, located in Panama’s Coclé province.
Penonomé is a great choice for those with a smaller budget… someone looking for a more local and authentic living experience (or someone interested in agriculture). Penonomé is for country living… farmer- and cowboy-style country living.
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Panama Special Reports
Portobelo, Panama
In this Panama Special Report, we bring you the city of Portobelo, located in the country’s Colón province.
Off the beaten path, Portobelo is an adventurer’s paradise. A forest full of wildlife that is waiting to be explored surrounds the town’s historical colonial ruins that look out to the open ocean.
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Puerto Armuelles, Panama
Puerto Armuelles, located in the province of Chiriquí and the capital of the district of Barú, is a small town is on Panama’s Pacific coast—much closer to Costa Rica (bordering the country, in fact) than to Panama City at the other end of the country (about a seven-hour drive away).
The beach stretches for miles on end… Banana trees blow in the wind and people stroll down the street, stopping to chat with friends…
Many equate life in Puerto, as it’s informally called, as being lost in time.
Everything here is slower, everyone here is friendlier. There are no drive-by shootings, most people are riding bicycles. Some of them are carrying children on the handlebars, others towing a horse. Puerto is what life looks like when you mix a profitable past with an uncertain future. The town has a better infrastructure than many big cities, but its population is smaller and poorer than other places. Thisunique mix of past, present, and future, makes Puerto what it is.SKU: PSR-PUERTO-ARMUELLES -
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Punta Pacifica, Panama City, Panama
In this Panama Special Report, we bring you the luxurious Punta Pacifica, Panama City’s most exclusive (and expensive) neighborhood.
Home to some of Panama’s wealthy elite, Punta Pacifica is a signal of class even beyond the country’s borders. But don’t let that scare you away, this neighborhood can present enormous opportunities as a lifestyle or investment option, if you’re willing to overlook the price tag.
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