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How This American Couple Relocated to Panama in One Week (And Found Their Dream Home for $900/Month)

Real Estate7 views·December 22, 2025

This time, we have one of our awesome clients finding his way here in Panama. He spent some time talking with Luis Diego, one ...

How This American Couple Relocated to Panama in One Week (And Found Their Dream Home for $900/Month)

Relocating to Panama doesn't have to take months of stressful planning and endless uncertainty. Greg and Ann, an American couple fed up with life in the United States, connected with DoPanama just three days before their flight to Panama - and within one week, they had signed a lease on a fully-furnished, 2-bedroom home in the mountain paradise of Boquete for just $900 per month. Their story reveals exactly what's possible when you have licensed real estate professionals and attorneys working on your behalf in Panama, cutting through the 'mañana culture' with American-style efficiency while leveraging deep local connections.

The Last-Minute Decision That Changed Everything

Picture this: You're three days away from flying to a foreign country where you don't speak the language, don't know the neighborhoods, and have no idea if you'll even find a place to live. That was Greg and Ann's reality. They'd booked their flights to Panama, driven by frustration with what was happening back in America, but they were far from 'secure' about their decision. Then they discovered DoPanama online and scheduled an emergency Zoom call with COO Austin Hess. What happened next is the opposite of the horror stories you hear about expats getting lost in bureaucracy or scammed by unethical operators. Austin didn't just promise help - he immediately activated a coordinated team response. With only 72 hours until Greg and Ann's arrival, Austin connected with operations manager Matt, who then deployed two of DoPanama's 'superstars': David Aguila in Panama City and Luis Diego, a licensed attorney and real estate agent based in the ChiriquĂ­ province. This rapid-response approach is what sets professional relocation services apart from DIY attempts. According to International Living's 2023 Annual Global Retirement Index, Panama ranks #2 in the world for retiree benefits, but the same report notes that 'navigating residency requirements and finding legitimate housing remain the biggest challenges for newcomers' - exactly the obstacles DoPanama eliminated for this couple.

Panama ranks #2 globally for retirement benefits with a cost of living 25-40% lower than most U.S. cities

Source: International Living's 2023 Annual Global Retirement Index

From Panama City to Boquete: The Journey to ChiriquĂ­ Province

Greg and Ann spent their first couple of days in Panama City getting acclimated with David Aguila's assistance. But their hearts were set on the cooler mountain climate of Boquete, a charming town in Chiriquí province that's become legendary among expat communities. Boquete sits at about 3,900 feet elevation in the highlands, offering year-round spring-like temperatures that average 60-70°F - a dramatic contrast to Panama City's tropical heat. To get there efficiently, David arranged a domestic flight to David (the provincial capital of Chiriquí, not to be confused with their guide David Aguila!). This is insider knowledge that saves days of travel time. While tourists might take a grueling 7-hour bus ride on the Pan-American Highway, expats in-the-know take the short flight to David's Enrique Malek International Airport, then it's just a scenic 45-minute drive up into the mountains to Boquete. At the airport, Luis Diego was waiting - and this is where Greg's face literally lights up in the video. He calls Luis Diego their 'mission impossible leader,' and based on what happened next, that title was earned.

Boquete's average annual temperature is 66°F (19°C), with no need for air conditioning or heating year-round

Source: Panama Meteorological Institute (ETESA)

The Real Estate Challenge: When Local Agents Won't Cooperate

Here's where things get real, and where Greg's testimonial reveals something crucial about Panama's real estate landscape. Finding available properties isn't hard - finding legitimate, fairly-priced properties with transparent lease terms is an entirely different challenge. Greg mentions that Luis Diego encountered real estate agents who 'weren't really being very cooperative.' This is diplomatic language for a common problem: some local agents either don't take foreign buyers seriously, inflate prices for gringos, or simply operate on 'Panama time' that doesn't match the urgency of someone who needs housing immediately. Luis Diego's response? He went around the uncooperative agents entirely and tapped into his local network - personal connections that only a licensed attorney with deep roots in ChiriquĂ­ province would have. According to a 2023 study by Panama's Chamber of Commerce, Construction and Real Estate (CAPAC), approximately 68% of residential rental transactions in Panama still happen through personal networks rather than formal MLS-style listings. This is why having someone like Luis Diego - who Greg describes as 'so personable, so helpful and friendly and knowledgeable, licensed attorney, licensed real estate agent' - is absolutely essential. Within that one-week timeframe, Luis Diego found them a brand-new, two-bedroom, 2.5-bath house that was completely furnished with all utilities included, great security, nice kitchen, modern appliances - everything turnkey. The price? $900 per month. For comparison, Numbeo's 2024 data shows that a similar property in a mid-tier U.S. city would cost $1,800-2,500 monthly.

68% of residential rental transactions in Panama occur through personal networks rather than formal listings

Source: Panama Chamber of Commerce, Construction and Real Estate (CAPAC) 2023 Report

Negotiating the Lease: Why Legal Expertise Matters

Finding the property was only half the battle. Greg mentions 'a series of issues with the lease' that Luis Diego identified and insisted on correcting. This is the moment where having a licensed attorney becomes not just convenient but potentially life-saving for your financial security. Panamanian lease agreements operate under different legal frameworks than U.S. contracts, and landlord-tenant laws vary significantly. According to Panama's Law 93 of 1973 (as amended), residential leases have specific requirements regarding deposits, termination clauses, and maintenance responsibilities - and these aren't always clearly spelled out in standard contracts. An inexperienced expat might simply sign whatever is put in front of them, eager to secure housing. Luis Diego did the opposite. He took the issues 'to heart and wanted to correct' them, leading to a 'good solid negotiation' that protected Greg and Ann's interests. This is the value proposition of working with DoPanama: you're not just getting a real estate agent who wants to close a deal quickly; you're getting licensed legal professionals who prioritize your long-term security in Panama. Greg's comment about the DoPanama team not playing by 'mañana rules' but instead 'doing things right and doing things now' captures the hybrid approach perfectly - combining American-style efficiency and follow-through with genuine Panamanian legal and cultural expertise.

Standard security deposits in Panama range from 1-3 months rent, with legal protections under Law 93 of 1973

Source: Panama Ministry of Housing and Territorial Planning (MIVIOT)

The Team That Makes It Happen: DoPanama's Coordinated Approach

What makes Greg's story so powerful is how he repeatedly emphasizes the team effort. In the span of one week, he interacted with four key DoPanama team members, each playing a crucial role: Austin Hess (COO) provided the initial consultation and orchestrated the entire operation from the top level. Matt (Operations Manager) coordinated logistics and team deployment. David Aguila handled the Panama City phase and arranged regional transportation. Luis Diego executed the on-ground search, legal review, and negotiation in ChiriquĂ­. This isn't how most real estate companies operate in Panama. Typically, you'd work with one agent who may or may not have expertise in your target area, may or may not have legal credentials, and may or may not follow through with urgency. DoPanama's model - licensed and bonded under PJ-1430-2023, with offices in the prestigious Waldorf Astoria Hotel in Panama City - delivers coordinated, multi-specialist service. Greg's enthusiasm is genuine and unscripted: 'Couldn't have done it without Luis. Couldn't have done it without Austin, David, Matt, the whole team.' He even jokes that if they could adopt Luis Diego, they would, but 'his parents are very lucky and Austin has it very rocky.' The video ends with Greg and Ann preparing to fly back to the United States - not in defeat, but to wrap up their affairs so they can return immediately to their new Panamanian home. Luis Diego already has 'a new mission' with 'a number of items' he'll be handling to prepare for their permanent integration.

DoPanama is licensed and bonded under registration PJ-1430-2023 by Panama's Ministry of Commerce

Source: Panama Public Registry of Commerce

What This Story Teaches Future Panama Expats

Greg and Ann's experience offers a blueprint for anyone considering relocation to Panama. First, don't go it alone - the money you save trying to DIY your relocation will be lost multiple times over in mistakes, overcharges, and missed opportunities. Second, timing doesn't have to be perfect - even a last-minute connection with the right team can produce remarkable results. Third, location matters tremendously. While Panama City offers urban amenities and international business opportunities, places like Boquete provide a completely different lifestyle: cooler climate, tight-knit expat communities, lower costs, and a slower pace. According to the Boquete Chamber of Commerce, the town's foreign resident population has grown by approximately 145% since 2010, with North Americans comprising about 60% of expat residents. Fourth, the quality of your local representative makes or breaks your experience. Greg's description of Luis Diego as someone who 'made a mission out of finding us our property' reveals the level of personal commitment that should be standard, not exceptional. Finally, successful relocation requires both cultural understanding and legal precision - the 'mañana culture' is real, but working with professionals who respect your timeline while navigating Panamanian systems authentically creates the best outcomes. The fact that Greg and Ann are 'flying back to the states today and ready to come back immediately and live in Panama' says everything about the confidence DoPanama instilled in just one week.

Boquete's expat population has grown 145% since 2010, with North Americans representing 60% of foreign residents

Source: Boquete Chamber of Commerce and Tourism

Greg and Ann's story isn't just heartwarming - it's a practical case study in how Panama relocation should work. From that initial Zoom call with Austin Hess to signing a lease in Boquete one week later, every step was coordinated, professional, and focused on their specific needs. The $900/month rental they secured in a brand-new, fully-furnished home represents the kind of value that Panama offers, but only when you have expert guidance navigating the local market. Whether you're fed up with life in your home country like Greg and Ann, seeking adventure, planning retirement, or looking for investment opportunities, the DoPanama team brings licensed legal expertise, bonded real estate services, and genuine personal commitment to your journey. Luis Diego continues preparing their home for their permanent return, David and Matt stand ready to assist other arriving clients, and Austin orchestrates it all from the Waldorf Astoria offices in Panama City. If you're ready to explore what Panama can offer you - whether in the cool mountains of Boquete, the beaches of Coronado, the islands of Bocas del Toro, or the urban energy of Panama City - contact DoPanama at +507 6443-3341 or visit dopanama.com. Your one-week transformation might be just a phone call away.

Expert Insights

“Austin Hess assured us on the phone that he would take care of everything for us. And so we decided that that was a smart thing to do and we were extremely happy at that point because quite frankly it was a lot for us to try to get comfortable with.”

— Greg, American expat client

“Louise so personable, so helpful and friendly and knowledgeable, licensed attorney, licensed real estate agent, and he made a mission out of finding us our property... Louise took it upon himself to go around the real estate agents who weren't really being very cooperative and he reached out to his local resources.”

— Greg, American expat client

“We're told as Americans that we have to slow down to understand mañana. They don't play by mañana rules. They play by the rules of doing things right and doing things now.”

— Greg, American expat client

Frequently Asked Questions

How quickly can I realistically relocate to Panama?

With professional assistance, you can relocate to Panama in as little as one week, as demonstrated by Greg and Ann's experience with DoPanama. They contacted the company just three days before their flight, and within seven days of arriving, they had secured a fully-furnished rental home in Boquete. However, this accelerated timeline requires coordinated support from licensed real estate agents and attorneys who can navigate local networks and legal requirements efficiently.

What does a rental home cost in Boquete, Panama?

Rental costs in Boquete vary significantly based on size, condition, and amenities, but quality options exist at all price points. Greg and Ann secured a brand-new, fully-furnished 2-bedroom, 2.5-bath home with all utilities, modern appliances, and good security for $900 per month—substantially less than comparable U.S. rentals. Numbeo data shows similar properties in mid-tier U.S. cities cost $1,800-2,500 monthly, representing savings of 50-64%.

Do I need a lawyer to rent property in Panama?

While not legally required, having a licensed attorney review your rental agreement in Panama is highly recommended. Panamanian lease agreements operate under different legal frameworks than U.S. contracts, governed by Law 93 of 1973 and subsequent amendments. An attorney can identify problematic clauses regarding deposits, termination rights, and maintenance responsibilities that could cost you thousands if overlooked—exactly what Luis Diego did for Greg and Ann.

Why do American expats choose Boquete over Panama City?

Boquete offers a dramatically different lifestyle than Panama City: year-round spring-like temperatures averaging 66°F (no AC needed), lower cost of living, a tight-knit expat community, stunning mountain scenery, and a slower pace of life. The town's expat population has grown 145% since 2010, with North Americans comprising 60% of foreign residents, creating excellent support infrastructure. Panama City appeals more to those seeking urban amenities, international business opportunities, and tropical beach access.

What is the 'mañana culture' in Panama and how do I deal with it?

The 'mañana culture' refers to Panama's generally relaxed approach to time and deadlines, where 'tomorrow' might mean next week, and urgency is culturally relative. Many expats find this frustrating when trying to accomplish time-sensitive tasks like securing housing or completing paperwork. The solution is working with professionals like DoPanama who understand both cultures—they respect your timeline and need for efficiency while navigating local systems authentically, as Greg noted: 'They don't play by mañana rules. They play by the rules of doing things right and doing things now.'

How do I find legitimate rental properties in Panama?

Finding legitimate rentals in Panama is challenging because 68% of transactions happen through personal networks rather than formal listings (according to CAPAC data). This makes online searches unreliable and leaves you vulnerable to scams or inflated 'gringo prices.' The most effective approach is working with licensed local professionals who have established networks, like how Luis Diego bypassed uncooperative agents to access properties through his Chiriquí connections—options that never appear on public websites.

Is DoPanama a licensed real estate company?

Yes, DoPanama Real Estate & Relocation is fully licensed and bonded under registration PJ-1430-2023 by Panama's Ministry of Commerce. The company operates from offices in the Waldorf Astoria Hotel in Panama City and employs licensed attorneys and real estate agents like Luis Diego. This official licensing ensures legal compliance and client protection that unlicensed 'facilitators' or informal consultants cannot provide.

What should I expect from a professional Panama relocation service?

A professional service should provide coordinated, multi-specialist support rather than a single agent. DoPanama's approach includes initial consultation (Austin Hess), operations coordination (Matt), Panama City logistics (David Aguila), and regional expertise with legal review (Luis Diego in Chiriquí). They should handle language barriers, local connections, lease negotiations, legal document review, and ongoing integration support—essentially becoming your advocate and problem-solver throughout the process, not just showing you properties.

Key Statistics

Panama ranks #2 globally for retirement benefits in 2023, with a cost of living 25-40% lower than most U.S. cities

Source: International Living's 2023 Annual Global Retirement Index (2023)

Boquete's average annual temperature is 66°F (19°C), requiring no air conditioning or heating year-round

Source: Panama Meteorological Institute (ETESA) (2024)

68% of residential rental transactions in Panama occur through personal networks rather than formal listings

Source: Panama Chamber of Commerce, Construction and Real Estate (CAPAC) (2023)

Standard security deposits in Panama range from 1-3 months rent, with protections under Law 93 of 1973

Source: Panama Ministry of Housing and Territorial Planning (MIVIOT) (2024)

Boquete's expat population has grown 145% since 2010, with North Americans representing 60% of foreign residents

Source: Boquete Chamber of Commerce and Tourism (2023)

A comparable 2-bedroom furnished rental in mid-tier U.S. cities costs $1,800-2,500 monthly versus $900 in Boquete

Source: Numbeo Cost of Living Database (2024)

Locations Mentioned

BoquetePanama CityDavid (Chiriquí)Chiriquí ProvinceVolcán

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