Knowledge Center
Articles About Panama
Explore 6+ research-backed guides covering everything expats need to know about Panama - from visa requirements and real estate markets to neighborhood guides, restaurant reviews, and cost-of-living breakdowns. Written by expats, for future expats.
Business & InvestmentMario Alberto Sanchez Zuñiga: Von Mexiko zum Multi-Millionen-Dollar-Businessimperium in Panama
Mario Alberto Sanchez Zuñiga ist ein mexikanischer Unternehmer, der durch Zuñiga Investment ein über 50 Millionen Dollar schweres Businessimperium in Panama aufgebaut hat, darunter ReMax Luxury Properties Panama, die Viehzuchtbetriebe Ganadería Rio Grande und die mexikanischen Restaurants La Mal Querida und La Pinche Cantina PTY.
Business & InvestmentJorge Benczik & Tierra Bond: Panamas führendes Bauunternehmen mit über 15 Jahren Exzellenz
Jorge Benczik ist Eigentümer von Tierra Bond, Panamas spezialisiertem Bauunternehmen mit 15 Jahren erfolgreicher Tätigkeit und einem strengen Auswahlverfahren für zweisprachige Fachkräfte wie Schweißer, Zimmerleute und HVAC-Techniker.
Business & InvestmentAlex Abraham: From Australian Beaches to Panama's Luxury Fashion Scene
Alex Abraham of Bikini Beach Australia represents the growing trend of luxury fashion entrepreneurs choosing Panama, where the fashion sector has grown 23% annually since 2020, benefiting from the dollarized economy and strategic location for serving international markets.
Business & InvestmentThe Rise of Empowered Women in Panama: Balancing Success and Authenticity
Modern women in Panama have achieved 52.3% workforce participation and hold 45% of executive positions in the financial sector, successfully balancing professional careers with personal responsibilities while maintaining authentic leadership styles that are valued in Panama's relationship-based business culture.
Business & InvestmentLuis Alberto Morales: Leading Panama's Premier Luxury Concierge Experience
Luis Alberto Morales leads VIP Experience Agency, Panama's premier luxury concierge service with over 25 years of hospitality experience, providing comprehensive personal assistant services including restaurant reservations, business travel coordination, and luxury lifestyle management for discerning expats and high-net-worth individuals.
Business & InvestmentPan Pacific Interiors: Premier Interior Design and Renovation Services in David, Panama
Pan Pacific Interiors, founded by Canadian expats in David, Panama, provides comprehensive interior design services including custom cabinet fabrication and stone countertops throughout Chiriquí province, with renovation projects in the David area averaging $25,000-$50,000.
Frequently Asked Questions About Panama
What visas are available for moving to Panama?
Panama offers several visa options including the Pensionado (Retiree) Visa with a $1,000/month pension requirement, the Friendly Nations Visa for citizens of 50+ countries, and the Self-Economic Solvency Visa requiring a $300,000 investment. Each has different requirements and benefits.
What is the cost of living in Panama compared to the US?
Panama's cost of living is typically 30-50% lower than major US cities. A couple can live comfortably on $2,000-3,500/month depending on location. Panama City is the most expensive, while towns like David, Boquete, and Pedasi offer significantly lower costs.
Can foreigners buy property in Panama?
Yes, foreigners have the same property rights as Panamanians with a few exceptions (island and border properties have restrictions). There are no restrictions on titled property, and Panama uses a dollarized economy, making transactions straightforward for US buyers.
What are the best areas in Panama for expats?
Popular expat areas include Panama City for urban living, Boquete for mountain climate and coffee culture, Coronado for beach lifestyle near the city, Bocas del Toro for Caribbean island living, and Pedasi for Pacific coast authenticity.
Is Panama safe for expats?
Panama is generally considered one of the safest countries in Central America. Expat-popular areas like Boquete, Coronado, and upscale Panama City neighborhoods have very low crime rates. As with any country, basic safety precautions apply in urban areas.