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  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
  • Resources

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  • Home
  • Countries

    Top Destinations:

    Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

    • Spain
    • Portugal
    • Panama
    • Belize
    • Colombia
    • Cyprus
    • Mexico
    • France
    • Montenegro
    • Browse All Countries

    Best For:

    • The Best Places To Retire
    • Health Care Abroad
    • Cost Of Living
    • Investing in Real Estate
    • Establishing Residency
    • Gun Laws In The World
    • English-Speaking Countries
    • Safest Places For Retirement
    • Best Places In Latin America
  • Budgets

    How Much Will It Cost You To Live Overseas?

    The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

    Super Cheap

    • Chitré, Panama
    • Santa Marta, Colombia
    • Phuket, Thailand
    • Dumaguete, The Philippines

    Cheap

    • Medellin, Colombia
    • Boquete, Panama
    • Kyrenia, Cyprus
    • Hua Hin, Thailand
    • The Algarve, Portugal

    Affordable

    • Valencia, Spain
    • Cascais, Portugal
    • Las Terrenas, The DR
    • Pisa, Italy
    • La Rochelle, France
    • Mazatlán, Mexico

    Luxury

    • Ambergris Caye, Belize
    • Kotor, Montenegro
    • The Panama City Beaches
    • Paris, France
  • Resources

    Global Living

    • Living & Retiring Overseas
    • Raising A Family Abroad
    • Foreign Residency & Citizenship
    • Offshore & Diversification

    Making Money

    • International Real Estate
    • Banking
    • Employment
    • Investing

    Follow Us:

    • Meet Our Experts
  • Real Estate

    Buying Real Estate For Cashflow

    • Discover tips and strategies used by global property investing veterans

    Explore Our Latest Posts

    • Learn how to invest and purchase property abroad…

    Go To The Overseas Property Alert Site

    • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
  • Conferences

    Upcoming Events

    • Explore Our Events Site

    Live and Invest In Panama Conference

    Live And Invest In Greece Workshop

    Live And Invest In Portugal Conference

    PANAMA CITY, PANAMA

    Jan. 21-23, 2026

    VIRTUAL

    Feb. 19, 2026

    LISBON, PORTUGAL

    Mar. 25-27, 2026

    Learn More About This Event
    DISCOUNT
    Learn More About This Event
    PRE-REGISTER
    Learn More About This Event
    • MORE EVENTS

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    Toll-Free U.S. and Canada:
    1 (888) 627 8834
    From Outside North America:
    1 (443) 599 1221
    Working Hours
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    Reach us with your questions by email at: events@liveandinvestoverseas.com

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    overseas living letter offers affordable retirement guidance
    The Simon Letter Wealth Protection Insights
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    Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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Home Countries Panama

4 Tips For Panama Expats

by Live And Invest Overseas
Dec 17, 2025
in Panama
0 0
San Blas Islands, Panama - Aerial Drone Top Down View of two Sailing Yachts anchored in Turquoise Water right next to perfect White Sand Beach of Caribbean Tropical Island full of green Palm Trees.

Adobestock/Stefan

Here are 4 insider tips, learned from expat experience, for a smooth transition to your new life in Panama…

1. Getting Around Panama: Private And Public Transportation

When you own a car, the best perk is that you have complete independence. There’s not that many towns where you could live in Panama that you could go carless.

Even though parking can be a hassle sometimes (there’s a lack of these throughout the city especially) and expensive, a license can be a pain to get, and there’s risk of getting tickets, this might still be the best option for many. 

If you do decide to live in the city, it’s possible to get by without owning a car. Uber is still affordable, convenient, and many drivers speak English. But there’s specific times or areas where getting an Uber might get difficult or just not possible. Surge pricing also happens, which can double or triple your ride fare. 

Taxis are usually around, but they are some of the most reckless drivers this country has, and sometimes they can be driven by sketchy people.

The Metrobus and Metro (Subway) are two other modes of transportation that can work well in Panama and are much cheaper than Uber. Most rides will be between 25 and 75 cents. But of course, it does mean that you have to walk, wait for the bus (which doesn’t have exact schedules), risk that it’s full to the brim… but if you are not in a hurry and don’t mind crowds, it’s a good available option. You buy one rechargeable card and can use it for both the bus and the subway. 

You can also travel to the interior of the country by bus, and those have a reliable schedule, and the big, two-story buses are comfortable.

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2. Banking And Paying Bills

The Punto Pago machines are common around the country, mostly in malls or supermarkets, where you can pay everything from your electric bill to your Netflix subscription, recharge your Metro card, or add money to your Uber account. If you’re uncomfortable using your own credit or debit card to pay for things in these kiosks, the machine also prints out a prepaid MasterCard that you could deposit cash into and use instead.

Once you have a Panamanian bank account, you will be able to pay for everything through its banking app in your phone. You can transfer money immediately from one account to another using, for example, the Yappy app. This is similar to Zelle but uses your cellphone number instead of an email  address.

3. Shopping

The number of supermarkets or small grocery stores available in Panama is big. Some of the most popular are Riba Smith, El Rey, Super 99, and PriceSmart. You might not be able to find every American or Canadian brand of every item, but 95% of the time you’ll probably find an alternative from another country that’s essentially the same.

You will be able to find most things locally and not have to ship them here, which will end up being much more affordable for you.

If you’re not in the mood to get out of the house and you’re missing eggs, for example, you can just order from the app PedidosYa. Through this app you’ll be able to order from countless restaurants, but also groceries and pharmacies.

If you get a monthly subscription for $8.99, your delivery is free.

Convenience stores are in every neighborhood and are usually run by Chinese Panamanians. In Panama, locals call them “Chinos” or “Chinitos.” As it’s typical for a convenience store, prices here are usually elevated from what you’ll find in a normal grocery store, but if there’s one across the street from your home and saves you a 20-minute trip to El Rey, it’s worth it.

You can also get produce in local markets, which will be cheaper than in grocery stores.

If you’re a mall person, Panama has plenty. Malls here are modern and have stores that start all the way from a dollar store to luxury brands like Chanel and Louis Vuitton.

If you like online shopping, Panama has a lot of mail forwarding services where you can get all your Amazon and U.S. store buys delivered to a Miami P.O. Box and then sent to Panama. Amazon now offers the option of delivering packages straight to your door without the need of an intermediary.

4. Making Friends

There are a few ways to connect with locals and fellow expats. Joining a group or class is a great staring point. There are Lions Clubs and Rotary Clubs, plus loads of sports clubs including golf, boxing, baseball, padel, tennis, and pickleball. There’s also soccer matches and an international raceway for Formula 4 races. Plus, all manner of entertainment options, including theater, festivals, art shows, movie theaters, parks, boardwalks, bowling alleys, and bars and lounges with live music.

Panama is a melting pot of cultures and religions. You will be able to find temples, churches, and places of worship for many different religions, many of which also have groups expats could join.

Sincerely,
The Editors Of Live And Invest Overseas

Tags: Living in Panama 2025moving to panamaPanama cost of living tipsPanama grocery storesRetiring in PanamaShopping In Panama
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Live and Invest Overseas is the world's savviest source for top opportunities to live better, retire in style, invest for profit, do business, and own real estate overseas. Established in 2008, the Live and Invest Overseas' editors and correspondents have more experience researching and reporting on top opportunities for living well, investing for profit, doing business, and owning real estate around the world than anyone else you'll find.

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HOME

Top Countries

  • Spain
  • Portugal
  • Panama
  • Belize
  • Colombia
  • Cyprus
  • Mexico
  • France
  • Montenegro

Best For:

  • Health Care Abroad
  • Retirement Living
  • Cost Of Living
  • Investing in Real Estate
  • Establishing Residency
  • Gun Ownership
  • English Speakers
  • Safety
BROWSE ALL COUNTRIES

Budgets

How Much Will It Cost
To Live Overseas?

Super Cheap

  • Chitré, Panama
  • Santa Marta, Colombia
  • Phuket, Thailand
  • Dumaguete, The Philippines

Cheap

  • Medellin, Colombia
  • Boquete, Panama
  • Kyrenia, Cyprus
  • Hua Hin, Thailand
  • The Algarve, Portugal

Affordable

  • Valencia, Spain
  • Cascais, Portugal
  • Las Terrenas, The DR
  • Pisa, Italy
  • La Rochelle, France
  • Mazatlán, Mexico

Luxury

  • Ambergris Caye, Belize
  • Kotor, Montenegro
  • The Panama City Beaches
  • Paris, France

Resources

Global Living

  • Living & Retiring Overseas
  • Raising A Family Abroad
  • Foreign Residency & Citizenship
  • Offshore & Diversification

Making Money

  • International Real Estate
  • Banking
  • Employment
  • Investing
Meet Our Experts

Real Estate

Overseas Property Alert 

 

How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

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Discover tips and strategies used by global property investing veterans

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PANAMA CITY, PANAMA Jan. 21-23, 2026
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PRE-REGISTER

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LISBON, PORTUGAL Mar. 25-27, 2026
Learn More About This Event
MORE EVENTS

Contact Our Events Team:

Toll-Free U.S. and Canada:
1 (888) 627 8834

From Outside North America:
1 (443) 599 1221

Working Hours
Monday – Friday 08:00 am – 17:00 pm EST.

Reach us with your questions by email at: events@liveandinvestoverseas.com

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Conference Kits

  • Hours of coverage  from our latests conferences

Lahardan Books

  • Titles on living and investing around the world

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