Please note that these are only rough estimates and that your actual costs may vary depending on your travel style, activities and other expenses. So is Panama expensive? Well, it's not the most expensive country in Central America (that award goes to Costa Rica, followed closely by Belize), but thrifty travelers will need to plan carefully and sacrifice some home comforts to keep costs down. The resources listed at the end will help you continue your research, as well as plan your research trip to Panama. In addition, unlike other countries, Panama offers a special discount program for those who decide to retire there; through the Pensionado program, it is possible to obtain discounts of between 10 and 50% on everything from food to hotel, entertainment and plane tickets.
This is one of my father's favorite dishes and gives you a good understanding of the flavors you'll find present in the rest of Panamanian cuisine. The strong presence of the United States in Panama dates back to the early 20th century and spans nearly the entire 20th century. This is more than a quick history lesson, as it has a very real and direct impact on what your life as an expat in Panama could be like. Most expatriates in Panama are retired thanks to the country's pension program, which offers discounts to retirees, as well as a more relaxed visa process.
Taxis and ridesharing services such as Uber are also available in Panama City, but they can be more expensive than public transportation. However, the country has a variety of cultures from north to south, each of which is part of the fascinating cultural experience of living in Panama. You can also use budgeting apps or spreadsheets to keep track of your expenses and see where your money is going. In order to enter, you will need a passport valid for three months from the date of your departure from Panama.
While there are some retirees in Panama City, you're more likely to find younger expatriates with well-paying jobs. It's a popular place for retirees, and the cost of living for expatriates in Panama is rising in the most popular areas. Panama City is known for its rich and diverse cuisine, with a wide variety of dining options to suit all budgets and tastes. Many high-end restaurants in Panama City also offer stunning views of the city's skyline and the ocean, making for a memorable dining experience.
For activities, there are many free or low-cost options, such as visiting the Panama Canal Museum or exploring the historic Casco Viejo neighborhood on foot. Panama is an excellent place for expatriates, retirees, and even an increasing number of digital nomads consider Panama home for part of the year.
