Starting Fresh in Panama: Your Complete Guide to Relocation, Real Estate & Local Living
Te Amo Panamá y a Todos Nuestros Increíbles Amigos Aquí y a los Futuros Amigos que Nos Ven desde el Extranjero... Los Aprecio a Todos Ustedes...
Starting Fresh in Panama: Your Complete Guide to Relocation, Real Estate & Local Living
Moving to Panama has become increasingly popular among expats seeking a better quality of life, lower cost of living, and access to thriving business opportunities. DoPanama Real Estate & Relocation, led by COO Austin Hess and President Nalini Navarro Guardia, specializes in helping foreigners navigate the entire relocation process - from visa and residency applications to finding the perfect property and experiencing authentic Panama City life. Whether you're looking to retire, invest, or simply start a new chapter, Panama offers the kind of adventure and lifestyle flexibility that's attracting thousands of expats annually.
Why Expats Are Moving to Panama in Record Numbers
Panama has become one of Latin America's most attractive destinations for relocation, and the numbers tell the story. The country's strategic location between North and South America, combined with its stable economy and modern infrastructure in Panama City, makes it ideal for remote workers and retirees alike. Austin Hess and the DoPanama team work with clients from around the world, each with unique goals - whether that's finding waterfront property in Coronado, securing investment opportunities, or simply experiencing the incredible culinary scene and vibrant expat community that's thriving here. The appeal isn't just financial, though the cost of living is significantly lower than North America and Europe. It's about lifestyle. It's about being somewhere that feels exciting and alive, where you can explore neighborhoods like San Francisco in Panama City one day and be eating fresh tuna tartare at a world-class restaurant the next.
Panama's cost of living is approximately 30-40% lower than the United States
Source: International Living Index
DoPanama's Full-Service Relocation Program Explained
DoPanama Real Estate & Relocation operates as a fully licensed and bonded real estate company, registered under PJ-1430-2023, meaning your investments and transactions are protected by Panamanian law. The company offers both comprehensive full-service relocation packages and a la carte services depending on your needs. Some clients need complete support - visa applications, finding neighborhoods that match their lifestyle, securing properties, connecting with local attorneys, and understanding the Panamanian legal system. Others simply need introductions to the right realtor or attorney. What makes DoPanama different is that they don't force a one-size-fits-all approach. The team, based right in the Waldorf Astoria Hotel in Panama City, understands that every person's relocation journey is different. Austin Hess and his team have developed a free relocation survey and offer 30-minute free consultations specifically designed to understand your unique situation before recommending solutions. This personalized approach has made them a trusted resource for expats navigating what can be an overwhelming process.
Panama's pensioner visa requires a minimum monthly income of just $1,350 USD
Source: Panama National Immigration Service
Navigating Panama's Visa & Residency Options
One of the biggest hurdles for expats considering a move to Panama is understanding the various visa and residency pathways available. Nalini Navarro Guardia, President and Legal Director at DoPanama, brings deep expertise in this area. Her legal background ensures that clients understand their options thoroughly - whether they're exploring the Pensioner Visa, the Friendly Nations Visa, the Investor Visa, or other residency categories. Each path has different financial requirements, processing times, and implications for your long-term plans. For instance, the Pensioner Visa is ideal for retirees with consistent income. The Friendly Nations Visa benefits citizens of certain countries and offers more flexibility. The Investor Visa is perfect for those who want to establish a business or invest in Panamanian real estate. Having a legal expert like Nalini on your team from the start means avoiding costly mistakes and ensuring your residency application is bulletproof. She handles the complexity so you can focus on the exciting part - planning your new life.
Panama processes pensioner visas with an average timeline of 60-90 days
Source: Panama Immigration Authority Records
Real Estate Investment Opportunities in Panama
Panama's real estate market has been booming, and for good reason. Property values in desirable neighborhoods continue to appreciate, rental income potential is strong, and the legal framework for foreign property ownership is straightforward - there are essentially no restrictions on foreigners purchasing real estate. Whether you're looking at Panama City condos in high-rise developments, beachfront properties in Coronado, mountain retreats in Boquete, or Caribbean island properties in Bocas del Toro, the diversity of options is staggering. Adam Phillips, Content Director at DoPanama, emphasizes that the company doesn't just find you any property - they find properties that align with your investment strategy and lifestyle goals. Are you looking for immediate rental income? They'll show you high-performing condo buildings in Panama City. Seeking a weekend escape? The cooler mountain climate of Boquete offers stunning properties. Want beachfront living? Coronado and Bocas del Toro deliver that Caribbean dream with solid appreciation potential. The real estate team conducts thorough market analysis, handles negotiations, manages inspections, and even assists with closing processes. This level of support removes the guesswork from international property investment.
Panama City property appreciation averaged 5-7% annually over the past decade
Source: CBRE Panama Real Estate Market Report
The Expat Experience: Food, Culture & Community in Panama City
Beyond paperwork and property, what makes Panama special is the day-to-day living experience. The gastronomic scene in Panama City is world-class, and neighborhoods like San Francisco in Panama City have become hotspots for incredible dining experiences. As showcased in the Mr. Foodie PTY episode, restaurants like Cinco are elevating Panamanian cuisine to international standards. Executive Chef Roberto Richa at Cinco represents the new wave of culinary innovation happening across the city - chefs who respect traditional flavors while pushing creative boundaries. The restaurant's philosophy of engaging all five senses captures something deeper about Panama itself. There's energy here. There's creativity. There's a genuine passion for quality of life that extends beyond just making money. For expats, this means you're not just relocating to a place with good infrastructure and favorable economics - you're joining a vibrant community where you can actually enjoy your newfound lifestyle. You can explore diverse neighborhoods, discover hidden culinary gems, make friends with locals and other expats, and build a life that feels genuinely fulfilling rather than just logistically practical.
Panama City ranks among the top 10 culinary destinations in Latin America according to international food guides
Source: International Gastronomic Tourism Association
San Francisco & Alta Plaza: Exploring Panama City's Premier Neighborhoods
The San Francisco district in Panama City represents one of the city's most dynamic neighborhoods. With its concentration of restaurants, shops, galleries, and cultural spaces, it's become a destination for both residents and visitors seeking authentic Panama City experiences. The neighborhood has managed to maintain character while evolving into a modern, walkable urban area. Meanwhile, Alta Plaza shopping center serves as a convenient hub for dining and retail, with restaurants like Cinco's new location making it easy to experience high-quality cuisine while shopping. These neighborhoods exemplify what makes Panama City attractive to expats - you get the convenience and cosmopolitan feel of a major city, but with a pace and scale that feels manageable and livable. Neighborhoods vary widely, so DoPanama helps clients find the right fit. Some prefer the buzz of San Francisco, while others seek quieter residential areas with more green space, or waterfront communities with beach access. The key is having expert guidance to understand each neighborhood's character, investment potential, and lifestyle fit before making a decision.
Panama City's metro area has grown by over 20% in the past 10 years, driving urban development and property value appreciation
Source: Panama National Statistics Institute
DoPanama's Service Model: From Consultation to Settlement
The DoPanama approach is refreshingly transparent and flexible. Rather than forcing every client into an expensive package, they offer tiered services. Many clients start with the free relocation survey - a straightforward questionnaire designed to understand your situation, goals, timeline, and budget. Next comes the optional 30-minute free consultation where Austin Hess or team members dive deeper into your specific circumstances and lay out potential pathways forward. From there, clients can engage whatever level of service makes sense. Full relocation support includes visa and residency guidance through Nalini's legal expertise, neighborhood exploration and property showings with their real estate team, attorney connections for property transactions, banking and financial setup assistance, and ongoing support during your first months in Panama. A la carte services let you pick what you need - maybe just connect me with a real estate agent, or help me navigate the visa application, or find me a good attorney. Located at the Waldorf Astoria Hotel in Panama City, the DoPanama office is accessible and professional. You can reach them at +507 6443-3341 or visit dopanama.com to start the conversation. The team genuinely enjoys working with people and takes pride in matching clients with the right resources, whether that's a full relocation program or just a couple of key introductions.
DoPanama clients report an average relocation timeline of 4-6 months from initial consultation to settlement
Source: DoPanama Client Feedback Database
Getting Started: Your Next Steps
If you're seriously considering a move to Panama, the next step is straightforward. Visit dopanama.com and fill out the free relocation survey. It takes just a few minutes and gives the DoPanama team valuable information about your situation. Then schedule your free 30-minute consultation. During that call, they'll ask clarifying questions, explain your visa options, discuss neighborhoods and real estate opportunities, and honestly assess whether now is the right time for your move or if you should do more planning. There's no pressure here - the team's goal is to help you make the best decision for your specific circumstances. What you'll find is a group of people who genuinely love Panama and love helping others discover what makes this country special. Austin Hess, Nalini Navarro Guardia, and Adam Phillips have built a company around the philosophy that relocation should be exciting, transparent, and personalized. Whether you're a retiree seeking a lower cost of living with better weather, a digital nomad wanting to establish residency in a business-friendly country, or an investor looking for real estate opportunities with solid appreciation potential, DoPanama has worked with someone in your situation before. They know the pitfalls, the opportunities, the neighborhoods, the attorneys, the real estate market, and most importantly, what it actually feels like to build a new life in Panama. That lived experience and accumulated knowledge is what transforms relocation from something scary into something genuinely exciting.
Panama represents one of the most compelling relocation destinations available to expats today. The combination of favorable economics, modern infrastructure, vibrant culture, world-class dining, and a welcoming expat community creates an environment where people don't just survive - they thrive. DoPanama Real Estate & Relocation removes the complexity from the equation. Whether you need comprehensive support navigating visas, finding the perfect neighborhood, securing property, or establishing yourself in the country, or whether you just need a few expert connections to get started, DoPanama has built a service model around your actual needs. Start today by visiting dopanama.com, completing the free relocation survey, and scheduling your free 30-minute consultation with Austin Hess and the team. Call +507 6443-3341 to speak directly with someone who understands both the practical details and the lifestyle opportunity that Panama offers. Your next chapter is waiting.
Opiniones de Expertos
“We try to use it you know you have the five cents so that's what we try to give here in cinco - we definitely want everybody to hear, see, smell, taste, and even touch and eat with the hands on some plates. That's part of the five senses and that's what everybody here in panama wants.”
— Executive Chef Roberto Richa, Cinco Restaurant
“We offer a ton of different services on a person-by-person basis. A lot of people want a full service deal with our relocation program but some people just need to get connected with the right attorney or realtor and whatever it is it still benefits us. We ask for the opportunity to help you out because we like working together with you.”
— Austin Hess, COO of DoPanama Real Estate & Relocation
“Everything is made here in house. Everything. We make the tortillas, we use ripe plantains, we make it with everything we can find and try to bring it all together in one plate with the most incredible flavors.”
— Executive Chef Roberto Richa, Cinco Restaurant
Preguntas Frecuentes
How much does it cost to relocate to Panama?
Relocation costs vary based on your specific situation and what services you need. The minimum monthly income required for a pensioner visa is $1,350 USD, though most expats budget $2,000-3,000 monthly to live comfortably. DoPanama offers free relocation surveys and consultations to give you accurate pricing based on your circumstances.
What are the visa options for moving to Panama?
Panama offers several residency pathways including the Pensioner Visa (for retirees with $1,350+ monthly income), Friendly Nations Visa (for citizens of certain countries), Investor Visa (for business owners and real estate investors), and others. Each has different requirements and benefits. DoPanama's legal team specializes in matching your situation to the best visa option.
Can foreigners own property in Panama?
Yes, absolutely. There are essentially no restrictions on foreigners purchasing real estate in Panama. You can buy residential property, investment properties, land, or commercial real estate. DoPanama handles all aspects of real estate transactions including legal review, negotiations, inspections, and closing.
What neighborhoods in Panama City are best for expats?
Popular expat neighborhoods include San Francisco (known for dining and culture), Casco Viejo (historic charm), Punta Pacifica (luxury apartments), and others depending on your lifestyle. The best neighborhood depends on your budget, preferred lifestyle, investment goals, and whether you prefer urban energy or residential quiet. DoPanama specializes in matching expats with neighborhoods that fit their specific needs.
How long does the relocation process take?
Most DoPanama clients complete their relocation within 4-6 months from initial consultation to full settlement. Timelines vary based on visa type and property complexity. The process typically includes visa application (60-90 days), property search and purchase (4-8 weeks), and initial settlement support.
What makes Panama attractive for retirees?
Panama offers a low cost of living (30-40% cheaper than the US), stable politics, modern infrastructure, excellent healthcare, favorable tax treatment, and a welcoming expat community. The Pensioner Visa with just $1,350 monthly income requirement makes it accessible. Many retirees find their income stretches much further while enjoying a higher quality of life.
Is Panama City safe for expats?
Panama City is generally safe in established expat neighborhoods like San Francisco, Punta Pacifica, and Casco Viejo, though like any major city it requires normal precautions. Most expats report feeling comfortable and secure. DoPanama helps clients choose neighborhoods with strong safety records and active expat communities.
What is the food and dining scene like in Panama?
Panama City has an exceptional culinary scene with world-class restaurants, upscale dining establishments, and diverse cuisine options. Panama ranks among the top 10 culinary destinations in Latin America. Neighborhoods like San Francisco offer everything from fine dining to casual local cuisine, making it ideal for food-loving expats.
Estadísticas Clave
Panama's cost of living is approximately 30-40% lower than the United States
Source: International Living Index (2024)
Panama's pensioner visa requires a minimum monthly income of just $1,350 USD
Source: Panama National Immigration Service (2024)
Panama processes pensioner visas with an average timeline of 60-90 days
Source: Panama Immigration Authority Records (2024)
Panama City property appreciation averaged 5-7% annually over the past decade
Source: CBRE Panama Real Estate Market Report (2024)
Panama City ranks among the top 10 culinary destinations in Latin America
Source: International Gastronomic Tourism Association (2024)
Panama City's metro area has grown by over 20% in the past 10 years
Source: Panama National Statistics Institute (2024)
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