Migration Panama

1. Strategic Location and Connectivity

• Hub of the Americas: Panama City’s Tocumen International Airport is a major hub, offering direct flights to North and South America, and Europe.
• Time zone convenience: Shares the Eastern Time Zone, making it ideal for North American business.

2. Stable Economy and Use of U.S. Dollar

• U.S. dollar-based economy: Makes financial transactions easier for North Americans.
• Robust banking sector: Panama has a well-developed international banking system.
• Steady GDP growth: Supported by the Panama Canal, logistics, finance, and tourism.

3. Political Stability and Safety

• Democratic governance: Relative political calm compared to some Latin American neighbors.
• Low crime in many expat areas: Especially in places like Clayton, El Valle de Antón, and Boquete. Coronado and many other hidden gems. 

4. Attractive Expat Incentives

• Pensionado Visa Program: One of the best retiree programs globally, offering:
• Discounts on healthcare, travel, dining, and entertainment.
• Easy path to permanent residency.
• Friendly Nations Visa: Makes it easy for citizens of many countries to live and work in Panama.

5. Affordable and Quality Healthcare

• Modern hospitals and clinics: Many doctors are U.S.-trained.
• Low cost: Healthcare and insurance are significantly cheaper than in the U.S. or Canada.

6. Lower Cost of Living

• Expats can live comfortably on less, especially outside of Panama City.
• Housing, utilities, and domestic help are affordable.

7. Climate and Natural Beauty

• Tropical weather: Warm year-round.
• Varied geography: Beaches, mountains, rainforests, and islands.
• Eco-tourism and outdoor lifestyle: Appeals to active retirees and remote workers.

8. Growing Expat Communities

• Areas like Boquete, Coronado, and Panama City have large, well-established expat populations.
• English is widely spoken, especially in service sectors.