Panama has become a place of retirement for many American and European expats. There is a reason expats in Panama are growing in number and that is because a comfortable life awaits them at a low cost of living. Almost everyone dreams of having a nice house in a beautiful setting, and Panama certainly answers that dream. Along with a cheap way of life, a good life in Panama is easier to achieve and then maintain as one ages in the comfort of friends and family.

Expats from Panama are commonly Americans and Europeans who have retirement funds to spend. Some are more prosperous than others and can afford to buy houses while others cannot. However, all these people just want to enjoy the good life and experience a pleasant existence that is not so difficult to cope with. In Panama, medical care, food, clothing and recreation are cheap; therefore, it allows retirees to stretch their retirement funds to the maximum. These people can buy the things they want since the cost of living is very low.

Many scenic destinations are reserved for tourists and expats in Panama. There is a rainforest that is well preserved, a dormant volcano to see, hiking trails to walk, beaches to sunbathe on, historic districts to explore, and the iconic Panama Canal to see. In Panama you can do activities such as hiking, swimming, surfing, horseback riding, zip line and many more.

If you are thinking about food and drinks, Panama has the juiciest fruits that are very affordable. 100 pieces of oranges can be bought for only $4 so you can eat this delicious fruit every day. Boquete Panama is also known for its excellent tasting coffee. A local cuisine like sancocho is a favorite among expats, as well as dishes like fried yucca, fish, patacones, and carimanola. A couple in Panama can have lunch at a restaurant for just $8 including drinks.

Another reason expats in Panama are growing in number is because of the cheap but high-end medical care. Panama City has state-of-the-art hospitals that compare favorably with those in the US and Canada. What is much better about these hospitals is that the services are really cheaply priced. The doctor’s visit will only cost you $10, which is much cheaper than you’ll likely spend in the US Prescription drugs and medical procedures are also cheaply priced; thus, making Panama a popular destination for medical tourists.

Expats in Panama are commonly found in Panama City, Coronado, Bocas del Toro, and Boquete. The latter has a large expat community as Boquete has a much cooler climate compared to other towns and cities in Panama. Boquete is a well-developed mountainous plateau; therefore, the climate in this city is much cooler, much to the delight of the expat community that lives there.

Panama is positively accelerating and this is evidenced by the various infrastructure and development projects currently lined up. The Panama Canal is scheduled for expansion, as well as new highways, new international airports, mining projects and many more. Expats choose to live in Panama because it is on the right track in terms of growth. Panama is making its way to a brighter future that will be enjoyed not only by its citizens but also by the tourists and expatriates who have made the country their second home.