Cost of living in Panama 2021! How much will you spend?
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- čas přidán 16. 05. 2021
- Cost of living in Panama 2021! How much will you spend? Here is a summary of the cost of living you'll find in Panama. It's still affordable and could be a great place to retire comfortably on your pension. Let's dive into some of the basic costs you might need to think about for the overall cost of living in Panama.
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Good material. Nicely done.
This is a very good you’re very straightforward and honest.
Thank you for presenting useful information about living in Panama.
Very helpful!!! Thanks!!
They should hire you to do every country i love how you lay it out very impressive
Their pensionado program is amazing. Financially, my wife and I are in a good position, but I could still see myself buying property in Panama for retirement.
Thank you so much. This is so detailed. I have subscribed to your channel and will also share with friends.
Meanwhile, I would like to get information about schools and tuition fees
This type of info is really helpful to people like muself consodering visiting and even maybe relocating to Panama, Thank you sir!
Exactly!
Well I’m putting Panama down as a place to think out living in
-Health care is scarce ,local hospitals are not close ,a docotrs visit is easy when you can find their location and sfter waiting hours to see him or her.
But surgery is much cheaper as well as dental work (about half what you would pay in the USA)
-Electricity is decent in the city and iffy at best outside of it.
-The beach is not close and gets very packed quickly.
-Good luck finding parking if you dont own or rent a house.
-Cable is not cheap and what they call fast we call average.
- police officers are not very helpfull more on the rude side.
-btw if you need a master lock key re keyed make sure you have the paperwork for it(crazy)
- as for food itsonly boring if you dont know what to get, they have lots of fish potatoe and pasta salads. As well as goat and other meats and lots of soups.
-Many dont use AC because its expensive to them.
Traffic is crazzy in the city and in populated towns,
- living outside the city is a different world in itself some are very lax and some are very noisy depending on the youth. And they have lots of bars so they have lots of drunks at night as well.
- the overhead train is cheap but it gets super packed...think asain style at times.
- if you love shopping the cities are the place to be they have malls afyer malls after malls all near each other.
Dont get me wrong its a great place but its not exactly how this video states.
Troll Alert
@@mykarma2 《《《 right here
@@RanGer-498
But you right Ranger. You are spot on about what you say.
ONE LOVE !
Important to consider your views! Independent investigation of truth is needed!
Panama relocation tours!!
I'd love to know more about Panama City and the expats and foreigners that live there. Like are they mostly on business trip or have they relocated. Also, if you can discuss the many different ethnic and nationalities that live there as in which countries of foreigners are you most likely to see in the city. As always thank you
Wow sounds nice
You can, it is possible, to live fairly economically in Panama, but you probably would have to live as a Panamanian and you wouldn't like it very much if you have certain specific needs for comfort or luxuries. As with any other city, cheaper locations are extremely noisy and congested, even potentially hazardous due to crime or the conditions such as open sewer or excavations, missing barrier or hand rails etc. Stairs and raps are normally uneven or steep, so for those with mobility issues, its a big no go.
My dad wants to retire here! Looks good!
Here in Germany I have my own house. Have to pay much für gasoline and was happy to see that the prized in Panama is much less than in Germany. The most i must spend in Germany is for not getting frozen - as the costs for beeing heated is horribly. most time we need to heat up to not starve from freezing.... Oil, Wood is very expensive- specially after the CO2 Taxes... In Panama i bougt a house and no costs for heating up the house as the climate is much better in Panama. So i have only the living costs. And fruits, meat, veggies in Panama was also less expensive than in Europe but with better quality...
Panama relocation tours!
Wow, excellently explained👍👍 what is retirement age there, does anybody know? New subscriber,love the channel🎉🎉
Saludos, gracias por su apoyo seguimos caminando todo San MIguelito, no he visto el capitulo 1 de Poemas de un dictador en youtube, saludos.
You are the best so far. E need Schudlle one appointment with you please?
Thinking about moving to Panama soon hope I find a cheaper place to live this my worry because I have 2 girls and my husband
Hello Ronin, great video👍. I aiming to be in Panama for Aug 1st, 2021*
Can you recommend me to any local realtor's that locate 1BR apartments for expats & preferred areas for newbies to the country, thank you.🙏
How has your stay been so far? I'm thinking of doing a 90 day trip to Panama.
I am a Panamenian Lawyer and we can hepl in any advice you may need in orther to get recidecy or business in Panama.
Watch out for these slick lawyers ... they'll drain your blood then eat you !
ONE LOVE !
Same costs as in Sweden
great video ,seems expensive to a South African where for the same costs here you get much more ,but then our exchange rate here is bad,how is job opportunities there in Panama city in the real estate industry ?
Panama relocation tours!
I don’t know where you’re getting your numbers. I just got back from Panama 2 weeks ago, and toured the whole country. I never saw prices as cheap as you mention, except for the discounts with the Pensionado visa. And I was hanging out with locals.
Try local real estate companies rather than international ones.
Houses in Panama have the same price that USA and to buy a house you need to make at list to $1500 just to paid for the house, stil got to paid ligth, cable , internet that now is necessary water, grocery ,
hospital, medicine it is not enough, went the salary is 400 to 600 a moths . Oh plus transportatón , school.....For a week 3 weeks visit maybe ok but not to live there.
That's nota true
What about education for kids , private schools cost? Etc…
There are no meters for taxis in Panama, you are better off using uber
i told the taxi driver where i want to get and checked the prive before i got into Taxi...But the bus system in Panama is really great - very low prive and very good conditions...
@@ninamiep734 yes of course if you have the patient to be asking for the price its ok the taxi but if you want to ride knowing the price in a newer and nicer car i would recommmend uber
I never take a taxi anymore in Panama. I only use Uber. One reason if you have a dispute you deal with Uber in USA
@@dougscott188 yes, my husband went to Casco from Paitilla and the taxi rip him off charging him 20 bucks
"You can make your pension last way longer"? Pensions last for ever dude, or at least until you die. Thats how they work.
I am ready to go buy I need explanations about doga and a small house not to far.. i will pay you if you give me more tips
Probably cheaper than Costa Rica, right?
Panama has the highest minimum wage in all of Latin america
So what is the minimum wage ?
Do you need a vaccine passport to access the country or the social life?
You need to test negative with rapid antigen test within 48 hours of entry.
Many of the prices sound like rural Ohio or the state of Wyoming or Nevada unless you reduce your standard of living. Of course there are no high heating bills so probably a little cheaper than the mentioned states.
For the sake of validity, I would suggest your seek the correct pronunciation of Boquete (middle syllable). Also, I would suggest you not link Boquete with Coronado; Coronado is more closely aligned with Panama City. Otherwise, a good video.
They aren’t even close to each other. Coronado is on the ocean west of Panama City while Boquete is in the mountains north of David. Not even the same province. They are both full of wealthy American expats though so they have that in common.
Job opportunity ?
Don't be ridiculous!
Very expensive
Idc what costs get me outta here ✈️
Panama is expensive
Yep ...
Yes
You mention great health care. While going to the dr, or getting an operation may be less expensive than in the US, I could find NOTHING about infrastructure for the elderly. NO organized retirement communities, NO assisted living facilities, NO nursing homes. Those are pretty important systems to have in place if you’re moving to a country to live out the rest of your life…
Oh, and shall we talk about food? Yes it’s cheaper than in the US, but it’s also not very good! It’s OK if you like rice and beans, and I mean three meals a day, and chicken or fish that’s breaded and fried within an inch of its life in God knows what kind of oil. And if you’re lucky perhaps a limp vegetable. When I was there, I was amazed that even though I kept hearing about the fabulous vegetables grown in Panama, I surely couldn’t find them! Granted, I’m a West Coast girl and I’m used to a wide variety of fresh produce, but I was amazed at the lack of exactly that in a tropical country! Other than that, it’s a pretty cool place, think Costa Rica 30 years ago, with lousier beaches.
Ms. MADELYN ....
Those are very valid and on point observation you made. Correct about finding vegetables but perhaps knowing were to go shopping, like the locals do to find healthy choices in nutrition, is what is missing.
No organize assisted facilities is another situation that one has to look into if planning to stay long term. So where do the locals go when that time comes? Do their own families handle that? Good points you have made.
ONE LOVE !
@@Leonardo-1 I am from Panama...in the part of the nursing homes, there are, I did some community service there as a requeriment for graduation from highschool and university, but the elderly in Panama stay mainly with their family or nearby of them, Panamanians are very family oriented and some of them even see the need of retired homes as bad, because you should care for your family.
lol... face it... only rich people can afford to retire in Pananma. $2000 a month to live? Most people I know would run out of retirement money after 1 year without getting a job there. And if you have to get a job there then guess what... you're NOT retired... FFS.
LIES!!!!!!
why ?
Europe is allot cheaper then Panama.
Which country in Europe?
@@vickcyril which one of the 10 do you want me to mention?
I'm a seasoned traveler not a youtuber wannabe. I've traveled 87 countries and live currently in South America.
I can tell you hands down Panama is stupid expensive and the same eith cost rica aka Costa Lotta.
@@vickcyril eastern Europe. Pick a country.
Portugal, Turkey, etc
@@Where2nextWade True, specially when the average person in panama makes around 600 a month or even less sometimes. To make matters worse, prices keep rising everyday.