The best places to live as retirees in Panama

The best places to live as retirees in Panama

Rodrigo Molina

Moving to Panama as a retiree has many advantages. For a reason, Panama is in the number 1 position to retire in 2022. In addition to its privileged location, the stability of the country, and its infrastructure, Panama offers a visa for retirees, which allows you to reside in the country permanently. You have all the privileges and discounts enjoyed by Panamanian retirees, such as discounts on entertainment, tourism, gastronomy, public services, medical expenses, and much more.

If you are already convinced that Panama is a good place for you, here are the top places you can move to.


Boquete is located at 3,900 feet, above sea level, in the Province of Chiriquí, west of Panama City. The weather in the area is perpetually spring-like, with an average temperature of roughly 65 Fº degrees all year, which is a nice change from Panama at sea level.

The region of Boquete is lush, verdant, and filled with wildflowers and coffee plantations thanks to its nutrient-rich soil and regular rain showers. Boquete is home to one of the world's largest populations of international retirees, making it a viable overseas retirement choice for those who don't speak fluent Spanish or aren't ready to fully immerse themselves in a new culture.

In Boquete, you can enjoy several hiking paths, ziplining, whitewater rafting, and a coffee farm visit, one of the many options of recreational activities you can find here. But if you prefer a more relaxing experience, Boquete is home to some of Panama's top restaurants.


Coronado is a prominent beach resort town on Panama's Pacific coast. It's an hour's drive from Panama City and gets astonishingly little rain each year. Coronado has always been a popular vacation spot for Panamanians seeking a sun-drenched beach vacation, but it has lately prospered thanks to a flourishing ex-pat community that is constantly expanding. There are a high number of ex-pats among the 5,000 or so residents, who are a mix of Canadians, Americans, and Europeans.

Is one of the Pacific coast's more developed beach resorts. It meets the majority of First World demands, and residents may still make use of many, if not all, of the luxuries of home, albeit at a lower cost. You may enjoy a country club, multiple full-scale supermarkets, a golf course, a mall, and a variety of recreational activities for a moderate cost.



Every year, worldwide travelers go to Pedasi, a little picture-perfect village where cafés, hotels, calm beaches, and the adjoining surfing beach, Playa Venao, draw them in.

Pedasí is located in the Azuero Peninsula on Panama's southern coast. The Azuero's beaches are among the country's best stretches of sand and sea, making it an excellent choice for ocean enthusiasts. Pedasí is a lovely seaside village in the peninsula's southeast corner, where life is simple and traditional. Divers, snorkelers, surfers, and fishermen flock to this area. Wildlife refuges, national parks, and a plethora of beaches are all easily accessible.

Every time they have more expat-friendly amenities and services.  Within the overall population of slightly under 5,000 people, there are several hundred ex-pats. As more people learn about this hidden gem, the ex-pat community is rising.


El Valle

El Valle de Antón, it’s just a two-hour drive to Panama’s cosmopolitan capital, is a 3.7-mile-wide crater formed by an extinct volcano. It is undeniably one of Panama's most popular tourist and holiday spots. Tourists come for its various natural features, while city inhabitants come to rest. Expats come for a peaceful life.

It enjoys a pleasant and usually chilly environment all year due to its height. Perhaps most importantly, this is a fantastic strolling town. Calle Central runs through the heart of town, with bike lanes, paved pedestrian walkways, and ornamental street lighting, making El Valle an even better area for cycling, walking, and jogging.

Although the town has a population of barely 8,000 people, it attracts a limited number of tourists. They're mostly outdoor enthusiasts who come for the trekking, hot springs, and notable flora and fauna exhibits.

To service visitors and weekend or holiday crowds, entrepreneurs have founded small inns, cafés, and diners. It's ideal for retirees who want to supplement their income without putting in too much effort.

As you can see, Panama has a lot to offer, sunny beaches and the greenery of the mountains. Many of these villages are relative near, such as El Valle and Coronado, it’s just a 40 minutes drive apart. So, you don’t even have to choose, you can enjoy both!

If you one to learn more about how you can make your wish come true to move to one of these magical villages, don’t hesitate in contacting us.

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