A country designed for living well
USD
Official Currency
0%
Tax on foreign source income
26°C
average temperature
#1
expat destination in Latin America
Everything you need to know before you move
The facts, the lifestyle, and the honest picture of what daily life looks like in Panama.
Safety, opportunity, and sunshine.
Panama is not just a destination — it is a decision that changes how you live. A stable economy, modern infrastructure, world-class private healthcare, and a territorial tax system that works in your favor. All within two hours of Miami.
Whether you are raising a family, retiring in comfort, building a business, or simply looking for a better quality of life — Panama has a version of itself that fits you.
And with GoPanamaNow by your side, making the move is less of a leap and more of a well-planned journey.
30-50%
Less expensive than Miami and Barcelona
A country that works — politically and economically
Panama offers a quality of life that rivals many Western cities — at a significantly lower price point. Housing, healthcare, dining, and services are all considerably more affordable, without sacrificing the modern comforts you are used to.
The country uses the US dollar, which means no currency risk and no complicated conversions for American or internationally-paid expats.
A comfortable life at a fraction of the cost
Panama offers a quality of life that rivals many Western cities — at a significantly lower price point. Housing, healthcare, dining, and services are all considerably more affordable, without sacrificing the modern comforts you are used to.
The country uses the US dollar, which means no currency risk and no complicated conversions for American or internationally-paid expats.
World-class care, without the world-class price tag
Panama's private healthcare system is among the best in Latin America. Major hospitals such as Hospital Punta Pacífica — affiliated with Johns Hopkins Medicine — offer internationally accredited care with English-speaking specialists across virtually every medical field.
A private consultation typically costs between $50 and $150. Most international insurance plans are accepted, and waiting times are a fraction of what you experience in public systems elsewhere.
Keep more of what you earn
Panama operates on a territorial tax system — one of the most favorable in the world for international residents. If your income comes from outside Panama, whether from a foreign employer, remote work, a pension, or investments abroad, it is completely exempt from Panamanian income tax.
This makes Panama extraordinarily attractive for retirees, remote workers, investors, and entrepreneurs who generate income from international sources. Combined with no capital gains tax on foreign investments and no inheritance tax on foreign assets, the financial case for Panama is compelling.
City, beach, and mountains — all within reach
Panama City is a modern, cosmopolitan capital with a skyline that rivals Miami, a thriving restaurant scene, international shopping, and a growing arts and culture community. But drive two hours in any direction and you have world-class beaches, cloud forest retreats, and mountain towns like Boquete that feel like a completely different world.
The climate is tropical year-round — warm, lush, and green. The rainy season runs from May to November, bringing afternoon showers that cool things down without disrupting daily life.
World-class schooling for your children
Panama City has one of the most developed international school systems in Latin America, offering IB, American, British, and bilingual curricula. Your children will grow up in a multicultural environment, become bilingual naturally, and have access to excellent academic and extracurricular programs.
Tuition ranges from $6,000 to $20,000 per year depending on the school. We help you compare options, organize campus visits, and navigate the enrollment process from the start.
Built for the modern world
Panama is the logistics and financial hub of the Americas — and its infrastructure reflects that. Modern highways, a metro system, international airports with direct flights to over 80 cities, and fiber optic internet throughout most of Panama City make it an ideal base for remote workers, entrepreneurs, and global professionals.
Most apartments in neighborhoods like Obarrio, Costa del Este, and Punta Pacífica have fiber internet with speeds of 100 to 1000 Mbps. Mobile connectivity is strong and 5G is expanding rapidly.
One of the world's leading financial centers
Panama is home to over 50 international banks and is considered the banking capital of Latin America. The country's financial system is well-regulated, internationally connected, and built on the US dollar — giving residents access to a sophisticated banking environment without currency risk.
Opening a bank account as a foreign resident requires proper documentation, but our team has established relationships with local banks and guides every client through the process to maximize their approval chances.
Some of Panama's key neighborhoods for expats and families
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Costa del EsteModern, planned community with wide streets, parks, international schools, and a strong expat community. Ideal for families seeking safety and convenience.
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Santa MaríaExclusive gated community with golf course, luxury homes, and a resort-style lifestyle. One of Panama's most prestigious zones.
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Punta PacíficaHighrise living with ocean views, walkable to supermarkets, grocery stores and Multplaza. Easy access to the highway to reach places faster.
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Avenida BalboaHighrise living with panoramic ocean views, walkable to parks, supermarkets and hospitals. Perfect for professionals and young couples.
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BoqueteCool mountain air, coffee farms, hiking trails, and a thriving retiree community. A favorite escape from city life, just 5 hours from Panama City.
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El Valle de AntónA valley town with a famous weekend market, lush jungle, and cool climate. Popular with weekenders and those seeking a peaceful second home.
