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Right Now Could be the Best Time to Come to Panama ... the Hub of the Americas

Right Now Could be the Best Time to Come to Panama ... the Hub of the Americas
Population: 3,705,246
Capital City: Panama City
Climate: Tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
Time Zone: GMT-5
Language: Spanish (official), English 14%; (many Panamanians are bilingual)
Country Code: 507
Coastline: 2,490 km

Right Now Could be the Best Time to Come to Panama...the Hub of the Americas

Why do so many expats choose Panama? Often the intangibles…the feel of a place…play a big role. But there are also a lot of concrete, quantifiable reasons Panama is so appealing, starting with its modern infrastructure.

Panama’s cosmopolitan capital, Panama City, is the only true First World city in Central America. The beautifully maintained Pan-American Highway runs the breadth of the country, making travel easy. High-speed Internet and cell coverage are remarkable…as are the power, air, and water quality.

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Cost of Living in Panama

Cost of Living in Panama

Panama offers a very comfortable retirement solution, in part because the nation is much more developed than most visitors expect.Many are shocked by the modernity of Panama and the clusters of skyscrapers that define Panama City’s skyline. All of the amenities one could wish for are readily available.

By moving to Panama, you will enjoy the benefits of a developing economy where you can still take a taxi across town for a buck or two, get your haircut for a couple of dollars, or enjoy dinner for two with a bottle of wine at one of the finest restaurants in Panama City for a mere $30.

Your power bill will depend on where you live. In mountain towns like Cerro Azul, you may use less electricity-many expats find they don’t need air conditioning in the cooler climes. Sea-level destinations like Panama City are very warm, and most expats in the city use air conditioning. David, on the other hand, is not in the water, so it’s known as Panama’s warmest city.

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Panama Real Estate: Double the Luxury for Half the Price

Panama Real Estate: Double the Luxury for Half the Price

If you are considering a move to Panama, then you will be pleased to learn that there is a large amount of real estate for sale here. Whether you want to find a home in Panama City, a beautiful property in the mountains, or a house by the beach, Panama offers it all.

The Real Estate in Panama Is Inexpensive and Easy to Purchase

It is important to first note that most of the property you will find for sale in Panama will be much more affordable than what you may be accustomed to. Panama is regularly hailed for providing First-World luxuries at Third-World costs.

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Why Buy Real Estate In Panama?

Why Buy Real Estate In Panama?

Most foreigners who come to Panama City are completely surprised by what they find. It’s not the Third World. It’s not dangerous. And it’s certainly not inefficient.

The infrastructure, diversity, and sophistication of the country, especially in Panama City-with a metropolitan population of over 1 million -tell a different story than the media. The city easily surpasses its Central American neighbors and should be considered right up there with its Latin counterparts, such as Buenos Aires or Mexico City.

In fact, Panama City is our choice the globe over if you’re looking for inexpensive cosmopolitan living. You’ll find world-class restaurants, five-star hotels, international banks, hundreds of multinational businesses, a Manhattan-type skyline, and every imaginable luxury…all at about half the price you’d pay in Miami.

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