Americans in Panama Why are North Americans Moving to Panama? Cost of living, benefits, geography..
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- čas přidán 8. 07. 2024
- Americans are moving to Panama, but why? Watch this video to find out.
Welcome to Beasley Finds Panama. This video is about some of the reasons why Americans are moving to Panama. It's not just Americans that are moving to Panama. Expats from countries in Europe and other places are going there as well. If you don’t know what an expat is, it’s simply anyone who lives outside of their native country- even for part of the year. It’s estimated that 20k - 30k American expats live in Panama and some of them have permanently retired there. Even if you have no interest in moving to Panama, you can apply what you learn in this video to plan for a rewarding life in a place of your own choice.
The number one reason for moving to Panama, is the lower cost of living. My top choice for where to move in Panama is the mountain town of Boquete in the western highlands region of Chiriqui. Boquete means hole or gap and the town rests in a volcanic crater located on the flank of the dormant Baru Volcano. You can find the Resplendent Quetzal bird in Boquete if you know where to look. You can live in Boquete for $1,500-$2,000.
The second reason for Moving to Panama is the retiree visa program. A visa is an endorsement placed within a passport that grants the holder official permission to come and go in a foreign country. A passport, on the other hand, is often good enough for shorter stays and it allows you to reenter your own country afterwards. If you are planning to live in another country you will generally need some sort of visa. Pensionado (retiree) visa holders receive a variety of discounts that can add up to substantial savings on things such as entertainment, lodging, airfare, restaurants, utilities, healthcare and more.
The number 3 reason for moving to Panama is geographic diversity. Despite its small size, there are a lot of options for living in different places with their own unique look and feel. Due to the vertical geography of Panama you can find your Goldilocks zone where the temperature is perfectly to your liking and expect that it will remain that temperature all year long plus or minus a few degrees. Thanks to the unique geography of Panama you could take an early morning tour up Baru Volcano near Boquete to watch the sunrise over both the Atlantic and Pacific oceans at the same time.
The number 4 reason for moving to Panama is the climate. If you do plan to move, I recommend you visit twice to experience the different seasons. Panama really only has two of them- wet and dry. The climate of Panama is tropical and equatorial so the weather can be quite rainy, but the pattern of precipitation is not evenly distributed. The northern (Caribbean) side of Panama is the rainiest. The southern (pacific) side can be considerably less rainy. Just consider the difference between Colon and Panama City; they are on opposite sides of the Panama Canal but only 35 miles from each other. Panama City gets 65 inches per year, but Colon gets 130 inches of rain per year- that’s double the amount of rain.
The 5th and final reason for moving to Panama is because of all the lifestyle options one can afford. Back in the U.S. a beach-front house or apartment might not be in your budget whereas in Panama you could most likely afford to live in one of the many coastal areas. You might prefer the country club setting of the Coronado community on the Pacific or the island hopping backpackers paradise in Bocas del Toro on the Caribbean. Alternatively you could live in the Highlands of Boquete or El Valle de Anton. In Panama City you could stay in a high-rise condo overlooking the Pacific and enjoy your rooftop pool everyday for less than a 1 bedroom apartment back in the U.S. I recommend you book a trip and see for yourself Why Americans Are Moving to Panama.
Time Codes
0:00 - 0:55 Intro
0:56 - 5:35 Costs
5:36 - 7:21 Visa Benefits
7:22 - 8:49 Geography
8:50 - 11:02 Climate
11:03 - 13:13 Lifestyle
Beasley Finds Links:
www.embassyofpanama.org/retir...
internationalliving.com/count...
www.worlddata.info/america/pa...
panamarelocationtours.com/pan...
alittleadrift.com/cost-of-liv...
www.rentboquete.com/listings/r...
boquete.ning.com/group/rental...
worldpopulationreview.com/sta...
www.move.org/utility-bills-101/
panamarelocationtours.com/rea...
internationalliving.com/count...
www.pwc.com/us/en/industries/...
Have lived here for almost 30 years as I married a Panamanian and have a home in the city and a cabin near Boquete. I have watched expats come and go. Definitely do your homework and visit for at least 6 months. Those things that may be important to you like health care and banking or a driver’s license should be looked into. Don’t buy or build a home unless you have done your due diligence. Many expats have found it difficult to sell their homes at a profit or even break even when they must sell to return to the states, especially for illness or death of one spouse.
Post Pandemic Panamá is very different than it was prior to all the lockdowns. Come visit in both wet and dry season and tour the country, then make your decision.
Great advice for anyone looking to make a move. I'm an advocate of living abroad part-time and easing your way into things. That way you don't make a financial commitment only to be disappointed by things you would have known about by having a trial period. Thanks!
Hi hello, can you tell me how after the pandemic panana has changed? I heard this but do not know the reasons or how it's changed thank you so much
Rents are Super cheap no point in buying my opinion. Many countries unless you are a citizen cannot buy houses anyways. If you put it in someone else's name run the risk of getting taken for all your money. Also if you have bad neighbors or forced to move like you said difficult to sell the house. Better to rent and have the money invested in the USA or wherever that person is from generating extra income.
@@warriorqueen8285 Yes please tell us how it has changed, I been there years ago.
I wonder that too. @@warriorqueen8285
I would like to add to the comments. The people of Panama and also the expat community for the most part are extremely nice. Electricity is really expensive so if you do not want to budget several hundred dollars to cool your home or apartment do not live on the coast, try one of the mountain communities. The mountain communities are so lush , green and beautiful. Beef is terrible, but chicken is really good. Car insurance is affordable. Health insurance is debateable. Depending on your age you may or may not be insurable. Most roads are riddled with pot holes. Getting into and out of Panama City can be difficult at times when protests are going on. You need a car here unless you live in Panama City. Prices are going up, its not as cheap for new commers as it used to be.
Thanks for your comments
Hi there - much of what you say is true - coming from an expat who has lived here for almost 2 years... First in boquete and then in Boca Chica area... However I think a very important distinction to make is how incredibly different Panama City is to any other city in Panama. I believe most of your comments are the most meaningful for people who are looking for Panama City - perhaps Boquete living... Speaking specifically about your comments on electricity - I have no idea what those costs are in Panama City of course, but I live in a beautiful area on the ocean... And I find the electricity cost to be surprisingly low. My home is about 2300 ft² - a two-story - the upstairs has only one master bedroom and a loft and is not used... However, I run my air conditioner in my master bedroom almost 24 hours a day as well as my air conditioner in the family room - which has incredibly high ceilings - and open concept modern style home, so the air conditioner must cool a large area ... I also have an extra freezer in addition to a very large refrigerator/freezer in the kitchen.
Of course everything is relative to what your expectations are - moving here from the States, the biggest shock for me was hello the electric bill was. Though I hate to post personal financial information on any forum, I will state that my most expensive electric bill in one month, was about $163 - HOWEVER That month I was in the United States and the people staying in my home while I was gone, took advantage and had about 14 people staying here including children - used all of the lights, three TVs and all five air conditioners in the home - 24 hours a day. At least that is what I was told. My normal electric bill is about $100. I consider $100 for electric to be inexpensive because of the air conditioners that I run basically 24 hours a day and also the TV and other appliances.
I cannot make definitive comments regarding any other area, except for boquete, however in boquete I was living in a one bedroom townhome that was very small and it did not have any air conditioner or heating unit... I rented it until I found a home to purchase.
The cost of living in Panama can fluctuate to huge extremes depending on where you live. For me personally, without having to pay rent or a mortgage, I find I can live quite comfortably on $1,000 a month - this cost includes hiring people two or three times a month to drive me around for a day as I am disabled and unable to drive right now. That is my largest cost. I did purchase an older SUV for a reasonable price and my auto insurance is $105 a year. That is with minimal coverage.
The cost of food can also greatly affect your bottom line. I happen to eat large amounts of produce with very little meat or chicken. My neighbors often bring me fresh eggs as I don't have any chickens just yet - haha but I do not purchase foods that are packaged or pre-made - just a way that I eat. However if I was going to be purchasing foods that are common to the American diet - prepared foods, frozen meals and so forth it would likely double my food budget. But purchasing huge amounts of incredible fruits and vegetables from the local farmers keeps my food bill so low in comparison - I simply could not afford to eat anything more than totino's pizzas if I continue to live in the US - haha
I know this comment was long, but prior to me moving to Panama I found it so difficult to find information about financial costs - and now I understand the reason why... The costs to live here in Panama can be very expensive or very reasonable - it depends on the area you would like to live, and it depends on how you live your life. Some people will never use an air conditioner, but for me because of some health issues, that is very important to me. I do not enjoy eating foods other than fruits and vegetables for the most part, so that keeps my food cost very low - I also live about 40 minutes away from David... Which is great for me, actually live on an island, I'm sitting in my bedroom right now overlooking the ocean... I got very lucky finding this property and it did take me almost a year to find the area I wanted to live.
I hope this helps someone - my best to you all
@@nikkimcgeary Great comment and as you have said the costs really depend on your lifestyle and how many people are in your household. The good news I gather from your comment is that you can really cut down on cost if you live and eat well. That's a good thing. Thanks for being candid and I am happy to help hear you landed in a great place in Panama!
Best wishes,
Beasley
Lol. It’s not cheap anywhere. 😂😂
What can I say? I've lived in Panama for the past 23 years. Became a citizen. Vote in the elections. Joined a political party. Became fluent in Spanish. Haven't been back to the US for over 10 years. If I went back it would be a cultural shock. Couldn't afford to live in the US anyway. Plus I like the tropics. No winters here. And unlike Florida we have mountains and no hurricanes. A good choice for a retiree. I am 82 now. I pay into Medicare but I have never used it. It is cheaper to use the medical system here than to travel back to the US and use Medicare. It is great here if you like gardening. No frost
Everything he says about Panama is true. I am Pamama City now and I leave tomorrow. I rented a car and the highway system is as good as anything in the US. But I found that it is cheaper to take a taxi most places. A couple of dollars to go across town. I looked at an apartment in the city for $120,000 with a view to kill for. At the local market in the neighborhood I bought a fresh pineappel and three oranges for $2.50. Thete is si much more I can say but last and not least Columbinana, Dominicana, Argentenian women are soooooo friendly Panama is at the top of my list for retirement.
Nice! Safe travels.
How friendly are the Panamanian men and women?
Owning a car is not cheap. Car payments, Fuel costs, insurance, maintenance, Cars make sense when you have a JOB you need to go to everyday. Retired person does not need a car in certain places because you only need groceries and occasional trip you might want to take best to hire Taxi when you need transportation. Uber, Lyft many companies around the world provide cheap transportation.
Americans have been moving to Panama for decades….there were a lot of US expats when I was stationed in Panama in the early 90s. My daughter was actually born in Panama in 1994. I’ve encouraged her to get a Panamanian passport, just to have a backup….
Interesting, thanks for sharing this. Thanks for your service as well. I was 5 yrs in the navy myself. Hopefully your daughter takes your advice!
These must be some of the people some commenters were referring to in another video who bring their racism to the new country instead of leaving it where they came from
Thousands of Americans left Panama from 1990 to 2010. Many of them were born and raised on the isthmus and did not want to live under inept and corrupt governments for which garbage collection is a problem not to mention a host of other issues. Many Panamanians have ALSO left their country for the U.S. The former Canal Zone has seriously deteriorated under Panamanian control.
Early summer this year I spent 3 weeks traveling throughout Panama; on 9/1, I’m moving from Texas and making Panama City my new home.
Excellent! When and if I move it will be either PC or Boquete. Best wishes - Beasley
Let me know if you’re interested in a condo in San Francisco with partial ocean view. Rent or sale is good
@@RC94332 I’m in town; I might be interested a long term rental in San Francisco, particularly if the unit is within walking distance to Omar Park and is high enough for a panoramic view that includes at least partial views of the city, the ocean, and surrounding hills.
@@RC94332 Just moved into my new place this morning; finally out of the hotel after 21 days! Loving my new place; walking distance to just about everything and only a few blocks from Cinta Costera!
@@GodzRod Congratulations! I've been contemplating as well. Still considering, but slowly doing my due diligence. Enjoy!
Definitely a thumbs up for graphics. Good video
Wow thank you! I really appreciate the comment.
Hi! More videos, please! This one was great, thank you.
Hey! You got it and I haven't forgotten about the Boquete things to do video but i am in the middle of a video on Machu Picchu so it will be after that one. Thanks!
I am tempted to move to Panama but due to my age of 74 years old I am hesitant. Not having relatives close by is what is holding me up but the cost of living is very attractive and even though I would like to live in Boquete I feel that would be too isolated from a more active lifestyle that is available in Panama City or close by it. Glad that I stumbled upon your channel and have subscribed and liked your video to see more of your informational videos. Will talk to my family and see what their thoughts are on possibility of my moving there. I liked that you explained the difference between a visa and a passport so if I did move there I would apply for the visa so I could visit back and forth. Thanks.
Pleased to make your acquaintance. Having a good support network is a serious consideration and having medical facilities nearby as well. An up and coming area is David which is only about 45 minutes to an hour away from Boquete. There is good healthcare there and proximity to the ocean. The expat support community may not be as strong however. I recommend you join one of the Facebook expat groups for Panama and pose your questions\concerns there. You can definitely find a community and support system in the country if you put the work in. Stay tuned for a video on David vs. the Chiriqui Highlands in the next couple of months. Thanks!
Thanks for this video, it's very informative. We're currently in CR but also looking to spend time in Panama.
Glad you liked it and hope CR is treating you well. Panama will be a new adventure for you!
Thanks for sharing 👍
You're welcome. Working on Machu Picchu video next.
Since I now completely work from home and the company I work for is an international company I am seriously considering moving out of the USA and Panama is an option I'm looking at. Thanks for the video!
Very cool and you are most welcome. Panama City is great if you're a city person. Boquete is magic if you love the country. Happy travels!
@lonna5253 Does your company hire international persons?
Great video. Thank you.
One of the best videos on retiring to Panama. I'll be retired in a year. I think I'll spend some time visiting and learning more about Panama in early 2025.
Hey Peter 👋 I appreciate the compliment. Hope you find a great place to enjoy your retirement. Safe travels out there!
I just found this video and I love it!
Thank you! Machu Picchu video next :)
@@beasleyfinds cant wait :D
Thank you for this video. I commented on another of your videos, the one that reviewed several specific locations in Panama, and mentioned what I had heard about the weather in Boquete. You recommended watching this video where you got more into detail about the weather.
From reading the comment section for this video it seems the only way to know for sure, for yourself, is to visit Panama and speak with both the locals and expats to get the information you need to decide if moving there is right for you. Between this video and several others my wife and I have watched while researching living in Panama, you can talk with several people and get several different opinions about life there.
We have made some good contacts in Panama for real estate, health care and cost of living, we now have to get there and see the areas we are interested in and speak with as many people as we can.
Happy New Year everyone! Happy researching as well :)
Of course, I remember. Thanks for the comments. They are appreciated. My wife was happy to hear they are helping people. I enjoy doing the research as much as the next guy but I agree there is no substitute for making an exploratory trip. I'm always searching for a new place to consider for eventual retirement so I hope to continue sharing what I find along the journey. Stay in touch! Happy New Year
My cost in the US is just about exactly what you say it is for living in Boquete,
BUT in my case it's about living in a different place & getting to experience a new culture.
Yeah Boquete is a popular place, so depending on your frame of reference and the specific location in Boquete, you could end up paying more. But as you've rightly pointed out, there are other quality of life factors that have to be considered.
How much is your medical, your dentist, your plumber, your electrician, your servants, your locally produced food, your tax in USA. No tax here on foreign income or capital gains. In the US it is a horror story.
Thank you for your informative video. I do have plans to visit Panama in the future and see the beauty of the country, and how nice it is for real. I am attracted to its lush and green environment outside the city, safety, health, and of course affordable living. I am from Canada. Thanks again, Beasley.
My pleasure! Glad to be of some help to my Canadian friends. Hope you get to go soon and may your trip there be rewarding :)
"PANAMA RELOCATION TOUR'S WITH JACKIE"
Great work thank you! Can you do a focus piece on living on the Caribbean side and islands?!?
Yes! That sounds like a good idea
GOOD VIDEO THANKS
Tyvm for watching!
Very good
Why thank you sir!
Thanks for your great videos Beasley. Any chance you could please do an in depth one just on Boquete? I've seen a few out there, but I think your videos are the most outstanding I've seen. Thanks again for all your great work.
Thanks for the motivational comment! I am finishing up a video on Machu Picchu Travel and an in-depth video will be next. Yours is the 3rd request for a Boquete video so i better get to work!
Your video has been made. Hope you enjoy it.
Could you do videos on David and Volcan, at some point? We are in Canada and want to move there permenantly one day and we are coming for our check it out first trip in October and we are so excited!
Sure what kind of topics would you like the video to explore? Any requests? Volcan is a beautiful area!
❤ Panama and Costa Rica too!
Yes indeed!
Thanks! I would like to see a more indepth video of various area in Panama
I am doing a Boquete-focused video next. About things to do. Thank you!
"PANAMA RELOCATION TOUR'S WITH JACKIE"
Great video, thank you. Commenting for the algorithm :)
I really appreciate it. Trying to get to my first 1,000 subscribers. Not easy as a solo creator with a full time job. Many thanks!
@@beasleyfinds I hear ya. I've been watching these types of videos for years now and like your presentation.
@@Zzues Excellent and thank you for the feedback. Next video is Panama vs. Portugal. Stay tuned
@@beasleyfinds That is perfect, wife and I visited Portugal last year and it is at the top of our potential relocation countries.
@@Zzues sounds like we're on the same page 👍
American brothers and sisters like to stay for different weather nice green blue so moderate environment at beautiful country Panama also i like this place
Agreed and well said
We need more Volcan & Cerro Punta videos!
My last Panama video featured cerro punta, volcan, boquete
"PANAMA RELOCATIÒN TOUR'S WITH JACKIE"👍
Of course. The website is a good source of information too.
Moving to Panama with an expectation of major savings can be a huge mistake. If you live in a rural US or Canadian location, it's gonna be more expensive here - especially if you expect to maintain a northern style of living. For those who come and actually stay, the primary reason for moving is for cultural change - and willingness to learn the language (if unable to communicate, add 15%/yr to your budget for stupid mistakes). It's getting pricier here - so what fits now may not in 5-10 years. Look at Costa Rica (next door), where living costs have doubled in the past decade. So... Panama is indeed truly AMAZING, but there's too many expats here that came down 10-15 years ago that are truly struggling these days. If you're flexible, patient, and have a love of being immersed in LIFE... then come on down, and stay a spell!
10-15% more in Panama? I don't think so. Perhaps if you're comparing a rural part of the US to Panama City, but that's not apples to apples. Compare Panama City to a place like Miami or NYC and it's not even close- Panama City is way more affordable.
@@beasleyfinds - 10-15% additional expense when not learning Spanish.
@@pjinpa haha alright buddy, take care
Costs Rica has way more crime and a tourist driven economy
Panama compared to lets say Austin, TX is about 1/3 the cost of living it is a bargain but not as some people would think. Thailand is a little better you get about 1/4 the cost of living and more modern.
I considered Central America for my expat retirement Life. But I find Ecuador to be much less expensive, with a large expat community on Cuenca Ecuador and other cities. Thanks for your thorough information.
You're welcome. I've researched Ecuador a bit and plan to visit at some point. Just got back from Peru not too long ago so I'm working on a Machu Picchu video presently. So many places, so little time!
My wife and I have Panama and Ecuador on our short list. My ex is from Quito and I spent a lot of time in Ecuador from the early 90s up to 2010. It was planned as a retirement location back then and is still on my list.
Panama is the most expensive of the two, but it seems more stable than Ecuador or other countries. The Panama Canal is a life saver for Panama. If the SHTF Panama will still have income. Just my Opinion when it comes to stability. Otherwise, from what I can see, Panama has other issues, but I know I can handle less comforts.
@@NY36041 Yes. Thanks. I’ve done homework.
One of the first reason is because the good mental health you can get in Panama. In USA or Europe or others countries are really depressing and toxic and not good for your mental health.
Well, I certainly agree you can unplug from all the drama back home and find some serenity in Panama. Thanks!
As a single person I currently live on less than most of those figures in your chart, in Florida. My home is paid off, I pay taxes and insurance that amounts to 220 a month at present , I spend about 250 a month for food, Utilities are less than 250 and Transportation is about 150. Where did you get those figures? and are they for multiple people? This is one thing that has held me back from moving there, since my home is paid off. But on the plus side, the healthcare is affordable in Panama, and the weather is predictable, which is two reasons that it keeps me interested. I went in 2021 and loved it, and hope to go back and stay a month or two at a time. Yes I am waffling!! I guess I will until I am collecting SS and not have any excuses not to go.
The numbers in the table are average household figures, so they would be substantially less for a single person or even a couple. These numbers are also for Boquete which is more expensive than David, for example. The US numbers are averages and my sources can be found in the video description. The Boquete numbers are an estimate from several sources such as apartment websites and household income figures for Panamanians. Just compare your own income with the GNI per Capita of Panamanians to get a rough idea of how well-off you might be in Panama: www.statista.com/statistics/1068626/gross-national-income-per-capita-panama/
Don’t forget, many of the rentals include utilities and completely furnished. Real estate taxes are basically nothing. Healthcare costs are unbelievably cheaper. The medical programs in David and Panama City are world class. Johns Hopkins healthcare is in Panama City. Pensionado visa allows for 25% discounts on many things such as airline tickets - it’s the law.
Import tax exemption on up to $10,000 household goods
Import tax exemption on a new car every 2 years (cars subject other taxes)
25% off utility bills
25% off airline tickets, 30% other transportation
15% off of loans
20% off doctors bills, 15% off hospital services (if insurance does not apply)
10% discount medications
15% off dental exams and eye exams
1% reduced home mortgage on home used for personal residence
50% off movie, cultural and sporting event tickets
50% off at hotels (Mon-Thurs), 30% off hotels (weekends)
20% off professional and technical services
@@beasleyfinds as an update... since inflation has happened my figures have went UP. Food is up to 400 a month and the cost of fuel is about 250 now. I am still planning on going back to Panama, but waiting for a couple of years till I qualify for the Pensionado visa. Any maintenance on my house is increased. All other bills have increased. It's crazy how much everything has went up in only a year.
@@anniesshenanigans3815 thank you for updating and for staying in touch. Will be interested to hear when you make the move!
Great video. I am going to Panama to see about moving there and you hit on all of my reasons for wanting too. I would like to see if there are other affordable places for retirees to move, who only have social security?!
Excellent! Boquete is my favorite little town but there are definitely more affordable places that are also beautiful. Hope you can find something in your budget
other countries? Ecuador has some expat communities.
@@anniesshenanigans3815 i am hoping to visit Ecuador when I tour northern Peru 🤞
PANAMA RELOCATION TOUR'S WITH JACKIE"
@@anniesshenanigans3815" PANAMA RELOCATION TOUR'S WITH JACKIE"
Panama is ok to visit
Yes sir
Is it worth it to use Jackie's services via PANAMA RELOCATION TOURS? Or, should I do my own research and save $1K or so?
I have not used her service but would not hesitate to recommend if time is a critical factor and you don't care to do the research. I enjoy doing my research and discovering things independently but this can be a lot of work. I don't see the two as mutually exclusive either but it could be a time saver. Check out some FB groups and other social media forums where you can ask questions and get some (generally) good advice. Ignore the jaded and politically motivated commenters and this could be a good resource as well. Best of luck!
I can't find an ad for a 2 Bd. apartment in Boquete for less than $1,200. Could you give me your source?
Have you tried encuentra 24, Facebook, or other online platforms? Central Boquete isn't cheap. You have to look outside the main town area to find more affordable digs.
Word of mouth and being friendly will get you the best deals and keep you from getting Gringo prices.
I don’t know. I went to Panama with my wife for a month. It was okay but nothing special. Lots of Chinese
Where in Panama?
Was all set to learn Panamanian Spanish, apply for my retirement visa, adjust to no home addresses and a monsoonal rain season and head to Boquet. Then I learned the native people are once again at odds with colonialism 😣‼️Power is mostly fueled by diesel and the hydro plant proposed is great except it floods the farm lands of the natives and though Panamanian law says NO, no displacement of tribes without remedy, the project is well underway. Also global warming brought the rainy season the earliest to date this year, and there's real concern about enough fresh water to operate the locks. 😳If I was an attorney knowledgeable in these matters I would scoot right down there and defend those folks while finding a common solution. As it stands we're just more domineering outsiders ruining a great place. I'm staying in the USA. God bless 🇵🇦
I've heard about the issues and thanks for your perspective. I think the whole world has gone a bit topsy turvy. Hopefully things get back to normal soon. I am a big advocate of living abroad on a part-time basis to find where you really belong. Sounds like the US is it for you. Best of luck!
Great decision. Thank you.
I used to not believe in gentrification. Then I realized that the people being displaced came from somewhere else themselves. This planet belongs to all of us.
NO TAXES
No income tax!
Houses in decent neighborhoods is the same price 🇺🇸
Really depends where you are in the USA wouldn't you say?
What's the crime rate these days?
Probably better than Chicago, USA
Coronado is better
Better than what?
No reason to rent though
👌
So, you arrived to your brand new condo in Coronado or Gorgona but guess what? You can't go to the beach before 6am or after 5pm. And yes, shit like this happens all the time with no reason what so ever.
I stayed in Gorgona before and we had a similar situation. I think they told us it was a safety thing. Mañana.
@@beasleyfinds safety from what if Panamá is great? Couldn't be the crime, gangs, robberies? Maybe the turtles or the tide?
@@nickschalin6594 I dunno man, have a good one though ok?
@@beasleyfinds it's a new law since a few days ago.
North Americans want to move to Panama? Young Panamanians want to move to North America. More opportunity and better wages. The majority of Panamanians are weary of the chronic corruption which characterizes every administration. Three former presidents have had their U.S. visas cancelled due to “extreme corruption”. The level of poverty in Panama is shameful considering the GNP. Public primary and secondary schools are among the lowest rated in Latin American countries. Medical care in Panama is on par with the U.S.? If so why does the current president fly to Houston for treatment?
Come on over!
USA politics plays a big part.
Yes def. Politics are toxic these days
Got tired of the stock videos and photos. Next video.
Have a nice day, next comment
what americans? canadian people? mexican people? Belizian people? ...
Thanks for your question. Please read the title and watch the video for an answer to your question.
Panama is not freedom place and overprized
What place do you recommend?
@@beasleyfinds if you want freedom and peace south caribe Costa Rica
@@nakrak8847 thank you for the recommendation. I will be doing some research on this area.
@@beasleyfinds that Is the best Place for expat
@@nakrak8847 Nah, I’d say stay in America bud.
Best bang for your buck is Mexico. I know unsafe, yep, how safe is Chicago and La??? Stop listening to the American Pravda, get on a plane and travel. I've been living in merida for more than a year life is good, business oportunity, money to be made and did I mention cheap???? Like really cheap. I lived in BC Canada for 22 years before that. You can't even get drunk on that country anymore unless you remortgage your house. Viva Mexico!
I will have to do a Panama Vs Mexico video next. How shall I compare them because we both know Mexico is more affordable haha. Thanks for your comment either way!
Mexico is more affordable to 🇵🇦
Panama is expensive and the transportation and traffic is🥹. Boquete is far away if you need good doctor live in the capital
Mmm