Why do people move to Panama?
When we asked people why foreigners move to Panama, they responded...
"I am living in Nueva Gorgona for multiple reasons. I looked at Coronado first but I like the small town and local cultural feel that in Nueva Gorgona gives you. I believe prices are less than the weather going to be in the Coronado. I’m renting a two bedroom one bath apartment for $800 a month very close to the beach with an ocean view walking distance to numerous restaurants and small markets. I really enjoy getting to know the locals very friendly and gracious people here," explained one expat living in Nueva Gorgona, Panama.
"Panama's ideal tropical climate, world class infrastructure and low taxes are some of the primary attractions that draw expats to move there. Additionally, Panama enjoys a stable political and economic environment, providing a safe and secure environment in which to establish new lives. The country also boasts a wide diversity of activities and attractions to explore, both in the city and in the stunning landscapes nearby. From rainforests to sandy beaches and mountains, Panama has much to offer those looking for a new home. With a vibrant culture and intriguing history, it's easy to see why many expats have chosen to call Panama home," said another in Panama.

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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.
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Other Questions:
- What should I pack when moving to Panama?
- Where should I setup a bank account in Panama?
- Will I be able to find a job in Panama?
- What is life like in Panama?
- What do expats in Panama appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Panama?
- Is there a lot of diversity? Are people in Panama accepting of differences?
- What are the schools in Panama like?
- What are healthcare services like in Panama?
- What are medical services in Panama like?
- Are healthcare and health insurance expensive in Panama?
- What are emergency services like in Panama?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Panama?
- How are local medical facilities in Panama?
- As a foreigner living in Panama, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Why do people move to Panama?
If you live in Panama, newcomers to Panama would love to hear your answer to this question:
About the Author
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.