Panama is one of the top destinations that expats choose to retire due to the warm weather, high quality healthcare, and many retiree benefits. From cosmopolitan city living to small town local living, here are the top places in Panama for expats to retire to.
1) Panama City: Cosmopolitan Living
Panama City is full of breathtaking skyscrapers, modern office buildings, world-class shopping malls, 5-star hotels, and beautiful apartments. Most of them with spectacular city and ocean views. In the center of Panama City you will find the banking sector, companies, and all types of international commerce going on.
The nightlife in Panama consists of eating at the latest trendy restaurants, rooftop bars, theatre, live music, and more. This is a town that likes to party!
Panama City is not as cheap as it used to be but you still get a bigger bang for your buck compared to cities like New York, Miami, and Los Angeles.
2) Coronado & Gorgona: Developed Beach Areas
Coronado and Gorgona are some of the most popular beaches communities for expats in Panama to live. These hotspots are just an hour and a half from Panama City you can enjoy all the modern amenities of a developed area and for the last few years expats has been buying beach properties in these areas.
In Coronado there is a San Fernando Clinic with modern medical equipment and 24-hour service, where you will find an available ophthalmologist and a dentist.
In both communities you can have a relaxed beach life, beautiful mountain views and good nightlife.
3) Boquete: Beautiful Views
Boquete is located in the province of Chiriqui and has a comfortable climate and an established expat community. English is well spoken and has been attracting foreign retirees for the past 10 years. Boquete is known for being the most developed highlands retirement option.
Due to the altitude, temperatures are usually in the 70s F and 80s F during the day and cooler at night. Coffee is part of the local culture and you can see how they grow the rich, steaming brew on a tour of a coffee plantation.
In the distance you can see the Volcán Barú, the Rio Caldera flows through the town and you can do white-water rafting. Boquete also has the second largest jazz festival in Panama. According to International Living, some expats say it’s a lot like the U.S. was back in the 1950s. Other things to do includes a new theater and community center with shows in English, a single expats club, birding clubs, golf greens, and more.
4) Santa Fe, Veraguas: Rural and beautiful Village
Santa Fe is a small village in the mountains of Panama. In this town you’ll find lush-green hills staggered across the horizon. Locals there are very friendly and the houses are traditional style where you can enjoy breathtaking views of the rolling green lands and looming mountains. Santa Fe is known for its abundant wildlife, pristine rainforest, and beautiful orchids. You can visit gardens to see over 300 varieties of exotic flowers. Each year in August there is a very famous festival to celebrate the orchids grown in the region.