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Moving to Bocas del Toro, Panama | Digital Nomad Exchange
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Bocas del Toro, Panama

Moving to Bocas del Toro, Panama

By Joshua Wood, LPC

Last updated on Apr 21, 2023

Summary: Expats move to Bocas del Toro, Panama for its stunning natural beauty, laid-back lifestyle, and affordable cost of living. The area is known for its pristine beaches, lush rainforests, and vibrant coral reefs, making it a great destination for outdoor enthusiasts. The relaxed atmosphere and friendly locals make it a great place to live and work, while the low cost of living makes it an attractive option for those looking to stretch their budget. Additionally, the area is home to a diverse population of expats from all over the world, creating a unique and welcoming atmosphere.

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

What do I need to know before moving to Bocas del Toro?

When we asked people what advice they would give someone preparing to move to Bocas del Toro, they said:

"Expatriates should be aware that Bocas del Toro is a remote area with limited access to modern amenities. English is not widely spoken, so it is important to learn some Spanish before moving to the area. The cost of living is relatively low, but expats should be prepared to pay more for imported goods. The climate is tropical and humid, so it is important to bring appropriate clothing and mosquito repellent. The local currency is the Balboa, but US dollars are widely accepted. Finally, expats should be aware that the area is prone to natural disasters such as hurricanes and flooding," said one expat in Bocas del Toro.

"Rent first before you buy. Your paradise today may not be what you will think in 6 months. Brings essentials and sell everything else, you can get it cheaper here," remarked one expat who made the move to Bocas del Toro.

How do I find a place to live in Bocas del Toro?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"We wanted to live in a safe local neighborhood near the ocean. I listened to my friends who were already here and looked in those areas," said one expat in Bocas del Toro.

"One of the best ways to find a place to live in Bocas del Toro is to search online for rental listings. There are a variety of websites that offer listings for apartments, houses, and other types of accommodations in the area. Additionally, you can also search for local real estate agents who specialize in the area and can help you find the perfect place to live. Additionally, you can also ask around in the local community for recommendations and advice on where to look for a place to live," remarked one expat who made the move to Bocas del Toro.

Kovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

Kovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What is a typical expat home or apartment like in Bocas del Toro?

"Expat homes and apartments in Bocas del Toro are typically bright and airy, with large windows and balconies that offer stunning views of the Caribbean Sea. Many of the homes and apartments are located in beachfront communities, providing easy access to the white sand beaches and crystal clear waters. The interiors are often decorated with a mix of modern and traditional furnishings, and feature air conditioning, high-speed internet, and other modern amenities. Expats in Bocas del Toro can also enjoy a variety of outdoor activities, such as snorkeling, kayaking, and fishing," said one expat in Bocas del Toro.

"We live in a spacious one bedroom apartment across from the ocean for $400 a month. There are people who live in smaller cheaper places more inland and folks who live out on the water in larger homes for more money. Typical is what fits you," remarked one expat who made the move to Bocas del Toro.

What is the average cost of housing in Bocas del Toro?

If you are thinking about moving to Bocas del Toro, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The cost of housing in Bocas del Toro varies depending on the type of accommodation and location. Generally, the cost of renting an apartment or house in Bocas del Toro is relatively affordable compared to other cities in Panama. Prices range from around $200 to $1,000 per month, depending on the size and amenities of the property," said one expat who made the move to Bocas del Toro.

"Our housing costs are about a third of what we spend in the US. You can get a nice simple apartment for 300 and up or a home for 500 and up. We live on an island so you are never far from the ocean,," explained one expat living in Bocas del Toro, Panama.

Should I buy or rent a home in Bocas del Toro?

If you have not spent a lot of time in Bocas del Toro, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Bocas del Toro can be a great investment. The area is known for its beautiful beaches, lush rainforest, and vibrant culture. Renting a home in Bocas del Toro can also be a great option, as it allows you to experience the area without the commitment of buying a home. Depending on your budget and lifestyle, either option can be a great choice," explained one expat living in Bocas del Toro, Panama.

"Renting a place is easy. Contrary to the US the property owner has the rights of ownership while the renter is more obligated to be responsible. Purchasing property is fairly straight forward, there are real estate professionals who can help. It will be necessary to have a lawyer draw up the purchase agreements and get the proper government documents recorded. Keep good records because the Panamanians won't. A good lawyer will be diligent in the purchase or title process and is a must. We purchased several acres on Isla Solarte and built our home. I was a general contractor by trade so it was easier for me. Logistics is the only real issue. Getting your materials to the job site in a timely manner, having the necessary materials to keep the job moving along. Some materials, especially finish goods, must be obtained in the city of David and brought to Bocas (about 4 hours away) Transportation is readily available and reliable. The best advice is to talk to others who have completed what you are attempting to do. Enlist the help of someone who has been thru the process. You will make far fewer mistakes??," said one expat in Bocas del Toro.

What should I pack when moving to Bocas del Toro?

We asked people living in Bocas del Toro to list three things they wish they had brought and three they wish they had left behind. They responded:

"I brought everything I wanted. Especially specialty items that are harder to get here since I am a cook. My husband brought his tools. I brought too many clothes. I am glad I did not bring my furniture. We live in shorts and flip flops and little dresses. We shipped everything down in a shared container for a very reasonable price," said one expat who made the move to Bocas del Toro.

"When moving to Bocas del Toro, it is important to pack items that will help you stay comfortable in the tropical climate. Bring lightweight, breathable clothing such as shorts, t-shirts, and sundresses. Don't forget to bring a hat, sunglasses, and sunscreen to protect yourself from the sun. Bring a pair of sandals or flip-flops for the beach, as well as a pair of sneakers or other closed-toe shoes for exploring the town. If you plan to spend time outdoors, bring insect repellent and a mosquito net. Finally, don't forget to bring any necessary medications and a first-aid kit," explained one expat living in Bocas del Toro, Panama.

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama
Connect

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

Click connect to have our partner contact you via e-mail and/or phone.

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

What cultural faux pas should I try to avoid making in Bocas del Toro?

We asked people in Bocas del Toro if they could share any humorous cultural blunders they commited. For new expats, keep in mind that these incidents are an inevitable part of expat life. Learning to laugh about them is the key!:

"It is important to be respectful of local customs and traditions when visiting Bocas del Toro. It is important to dress modestly and to avoid public displays of affection. It is also important to be aware of local religious beliefs and to be respectful of religious sites. Additionally, it is important to be aware of local language and to avoid using offensive language. Finally, it is important to be respectful of local wildlife and to avoid disturbing or harassing animals," remarked one expat in Bocas del Toro, Panama.

Why do people move to Bocas del Toro?

When we asked people why foreigners move to Bocas del Toro, they responded:

"Bocas del Toro is a popular destination for expats due to its stunning natural beauty, laid-back lifestyle, and affordable cost of living. The area is known for its pristine beaches, lush rainforests, and vibrant coral reefs, making it a great spot for outdoor enthusiasts. The relaxed atmosphere and friendly locals make it a great place to settle down and enjoy a slower pace of life. Additionally, the cost of living is much lower than in many other parts of the world, making it an attractive option for those looking to stretch their budget," stated one expat who made the move to Bocas del Toro.

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama
Connect

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.

Click connect to have our partner contact you via e-mail and/or phone.

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama

Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

How are healthcare services Bocas del Toro?

When we asked expats and global nomads about the quality of medical care in Bocas del Toro, they replied:

"Bocas del Toro offers a variety of healthcare services to its residents and visitors. The main hospital in the area is Hospital Bocas del Toro, which provides general medical services, emergency care, and specialized services such as obstetrics and gynecology, pediatrics, and orthopedics. Additionally, there are several private clinics in the area that offer primary care, as well as specialized services such as dentistry, optometry, and dermatology. There are also several pharmacies in the area that provide prescription medications and over-the-counter drugs. Finally, there are a number of alternative health practitioners in the area, such as naturopaths, acupuncturists, and homeopaths," stated one expat who made the move to Bocas del Toro.

What are medical services in Bocas del Toro like?

When we asked expats and global nomads about the quality of medical care in Bocas del Toro, they replied:

"Bocas del Toro offers a variety of medical services for both locals and visitors. There are several private clinics and hospitals in the area that provide general medical care, as well as specialized services such as dentistry, optometry, and dermatology. Additionally, there are several pharmacies in the area that provide over-the-counter medications and other medical supplies. For more serious medical issues, there are several international hospitals located in nearby cities that offer advanced medical care," wrote one expat living in Bocas del Toro.

About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

We've partnered with Kovalenko & Vera to help with your move.
Learn More

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama

We've partnered with Kovalenko & Vera to help with your move.
Learn More

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Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

We've partnered with Kovalenko & Vera to help with your move.
Learn More

Kovalenko & Vera Attorneys at Law in PanamaKovalenko & Vera Attorneys at Law in Panama

We've partnered with Kovalenko & Vera to help with your move.
Learn More

Contribute to Panama Network Contribute
Help others in Panama by answering questions about the challenges and adventures of living in Panama.

Kovalenko & Vera Attorneys at Law in Panama
Kovalenko & Vera Attorneys at Law in Panama

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