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Home Countries Panama

The Next-Level Evolution Of Panama City

by Kathleen Peddicord
Jun 01, 2026
in Panama
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Mayer, the mayor of Panama City, relaxes on the beach in colorful tropical clothing while enjoying a drink, with the Panama City skyline visible in the background.

Instagram/mayermm

The mayor of Panama City is fired up.

His team, too.

I was welcomed to the mayor’s office last week for a behind-the-curtain look at where this young maverick is leading his city.

“We all keep sneakers at our desks,” his Director Of Tourism told me, “so we’re ready when the mayor says it’s time to hit the streets.”

Mayor Mayer Mizrachi has built himself a wooden desk. He and his team transport it to points around town. The mayor positions himself behind his portable desk and welcomes all comers.

Mayor Mayer at his portable desk.
Mayor Mayer at his portable desk. Image: ©Instagram/mayermm

“People travel from all around for the chance to speak with the mayor directly,” Karla said.

Mayor Mayer is all about connecting with his constituents. He wants to hear firsthand what they have to say.

Two years into his five-year term, Mayor Mizrachi’s driving agenda is the next-level evolution of Panama City. He’s committed to expanding his city’s tourist appeal and elevating its position on the world stage.

His efforts are paying off. International arrivals surged by 17.3% in the first quarter of this year. Nearly 1 million visitors made their way to Panama City January through March, generating more than $2 billion for the country’s economy.

Panama City’s enthusiastic mayor thinks grandly but operates locally. Before taking office, to shine a light on residents’ collective frustration with the potholes around town, he filled some with big potted plants.

I avoid politics if I can, but, spending time in the mayor’s office in the company of his likewise young and motivated team, I was inspired.

And I wanted to know more.

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I’ve watched the rebirth of Panama City over three decades. Our apartment overlooks Avenida Balboa. When we took up full-time residence in 2008, work on Phase One of the Cinta Costera was under way in earnest. Crews operated 24 hours a day seven days a week.

We’d look out our living room window before going to sleep then pull open the blinds first thing next morning to see what had changed overnight. It was like watching time-lapse photography.

That first stretch of the Cinta Costera was completed on schedule then followed by Phase Two, which extended this coastal roadway and parkland to the city’s historic district, Casco Viejo. Phase Three features a 2.5-kilometer flyover highway that wraps around UNESCO World Heritage site Casco Viejo and connects it to the Amador Causeway.

As a result of this ambitious undertaking, Panama City’s waterfront is unrecognizable today compared with when I first appeared on this scene.

Now the city’s mayor has me wondering… what’s next?

I’ve asked if he’d share his answer to that question as a guest on my new podcast—Living and Investing Overseas with Kathleen Peddicord—premiering in June.

I’ll let you know when the first episode goes live.

Until next time,

Kathleen Peddicord signature

Kathleen Peddicord
Founding Publisher, Overseas Opportunity Letter

Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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