Live and Invest Overseas
  • HOME
  • COUNTRIES
    • TOP DESTINATIONS
      • PANAMA
      • PORTUGAL
      • MEXICO
      • FRANCE
      • GREECE
      • SPAIN
      • BELIZE
      • THAILAND
      • COLOMBIA
      • MONTENEGRO
      • THE DOMINICAN REPUBLIC
      • ITALY
      • ARGENTINA
    • RANKING & GUIDES
      • THE 12 BEST PLACES TO RETIRE OVERSEAS IN 2026
      • CHEAPEST REAL ESTATE
      • BEST PLACES TO RETIRE IN LATIN AMERICA
      • THE BEST PLACES TO RETIRE IN EUROPE
      • BEST HEALTH CARE OVERSEAS
      • BEST COST OF LIVING OVERSEAS
      • QUICKEST AND AFFORDABLE RESIDENCY OPTIONS
      • COUNTRIES WITH EASIEST GUN LAWS
      • BEST ENGLISH SPEAKING COUNTRIES TO RETIRE OVERSEAS
      • SAFEST PLACES TO RETIRE OVERSEAS
    • BUDGETS
      • CHEAP
        • HUA HIN, THAILAND
        • CRETE, GREECE
        • MENDOZA, ARGENTINA
      • AFFORDABLE
        • TARRAGONA, SPAIN
        • SANTA FAMILIA, BELIZE
        • GASCONY, FRANCE
        • SARDINIA, ITALY
        • KOTOR, MONTENEGRO
        • LAS TERRENAS, THE DOMINICAN REPUBLIC
        • BOQUETE, PANAMA
      • JET-SET
        • THE ALGARVE, PORTUGAL
        • PUERTO VALLARTA, MEXICO
  • REAL ESTATE
    • LATEST POSTS
    • THE OVERSEAS PROPERTY ALERT
    • BUYING REAL ESTATE FOR CASHFLOW
  • CONFERENCES
    • UPCOMING EVENTS
      • IN PERSON EVENTS
      • VIRTUAL EVENTS
        • 2026 LIVE AND INVEST IN MEXICO ONLINE WORKSHOP
        • 2026 LIVE AND INVEST IN FRANCE VIRTUAL CONFERENCE
        • 2026 OFFSHORE WEALTH VIRTUAL SUMMIT
        • 2026 LIVE AND INVEST IN COLOMBIA ONLINE WORKSHOP
    • CONTACT OUR EVENTS TEAM
  • RESOURCES
    • GLOBAL LIVING
      • LIVING & RETIRING OVERSEAS
      • RAISING A FAMILY ABROAD
      • FOREIGN RESIDENCY & CITIZENSHIP
      • OFFSHORE & DIVERSIFICATION
    • MAKING MONEY
      • INTERNATIONAL REAL ESTATE
      • BANKING
      • EMPLOYMENT
      • INVESTING
  • STORE
    • SERVICES
      • THE OVERSEAS LIVING LETTER
      • THE SIMON LETTER
      • GLOBAL PROPERTY ADVISOR
      • EUROPE UNCOVERED
      • THE PANAMA LETTER
    • REPORTS
      • EUROPE HAVEN REPORTS
      • OVERSEAS HAVEN REPORTS
      • PANAMA SPECIAL REPORTS
    • LAHARDAN BOOKS
  • MY LIBRARY
Live and Invest Overseas
  • HOME
  • COUNTRIES
    • TOP DESTINATIONS
      • PANAMA
      • PORTUGAL
      • MEXICO
      • FRANCE
      • GREECE
      • SPAIN
      • BELIZE
      • THAILAND
      • COLOMBIA
      • MONTENEGRO
      • THE DOMINICAN REPUBLIC
      • ITALY
      • ARGENTINA
    • RANKING & GUIDES
      • THE 12 BEST PLACES TO RETIRE OVERSEAS IN 2026
      • CHEAPEST REAL ESTATE
      • BEST PLACES TO RETIRE IN LATIN AMERICA
      • THE BEST PLACES TO RETIRE IN EUROPE
      • BEST HEALTH CARE OVERSEAS
      • BEST COST OF LIVING OVERSEAS
      • QUICKEST AND AFFORDABLE RESIDENCY OPTIONS
      • COUNTRIES WITH EASIEST GUN LAWS
      • BEST ENGLISH SPEAKING COUNTRIES TO RETIRE OVERSEAS
      • SAFEST PLACES TO RETIRE OVERSEAS
    • BUDGETS
      • CHEAP
        • HUA HIN, THAILAND
        • CRETE, GREECE
        • MENDOZA, ARGENTINA
      • AFFORDABLE
        • TARRAGONA, SPAIN
        • SANTA FAMILIA, BELIZE
        • GASCONY, FRANCE
        • SARDINIA, ITALY
        • KOTOR, MONTENEGRO
        • LAS TERRENAS, THE DOMINICAN REPUBLIC
        • BOQUETE, PANAMA
      • JET-SET
        • THE ALGARVE, PORTUGAL
        • PUERTO VALLARTA, MEXICO
  • REAL ESTATE
    • LATEST POSTS
    • THE OVERSEAS PROPERTY ALERT
    • BUYING REAL ESTATE FOR CASHFLOW
  • CONFERENCES
    • UPCOMING EVENTS
      • IN PERSON EVENTS
      • VIRTUAL EVENTS
        • 2026 LIVE AND INVEST IN MEXICO ONLINE WORKSHOP
        • 2026 LIVE AND INVEST IN FRANCE VIRTUAL CONFERENCE
        • 2026 OFFSHORE WEALTH VIRTUAL SUMMIT
        • 2026 LIVE AND INVEST IN COLOMBIA ONLINE WORKSHOP
    • CONTACT OUR EVENTS TEAM
  • RESOURCES
    • GLOBAL LIVING
      • LIVING & RETIRING OVERSEAS
      • RAISING A FAMILY ABROAD
      • FOREIGN RESIDENCY & CITIZENSHIP
      • OFFSHORE & DIVERSIFICATION
    • MAKING MONEY
      • INTERNATIONAL REAL ESTATE
      • BANKING
      • EMPLOYMENT
      • INVESTING
  • STORE
    • SERVICES
      • THE OVERSEAS LIVING LETTER
      • THE SIMON LETTER
      • GLOBAL PROPERTY ADVISOR
      • EUROPE UNCOVERED
      • THE PANAMA LETTER
    • REPORTS
      • EUROPE HAVEN REPORTS
      • OVERSEAS HAVEN REPORTS
      • PANAMA SPECIAL REPORTS
    • LAHARDAN BOOKS
  • MY LIBRARY
Live and Invest Overseas
Panama On $2,000 / Month →
Live And Invest In Panama

#1 Retirement Haven In the Americas

Live and Invest Free Report

Enter your email to get your FREE guide instantly!

🔒 We respect your privacy. Unsubscribe anytime.

  • Best places to live—from Panama City to Boquete
  • Comfortable living on $1,500–$2,000 / month
  • Furnished apartments from about $800 / month
  • Up to 50% discounts with the Pensionado program
Home In Focus: Panama

Moving To Panama Is Possible… Even During A Pandemic

I Moved To Panama During The Pandemic— And You Could, Too

by Gabrielle Wells
Jul 23, 2021
in In Focus: Panama
Google Add us as a preferred source on Google NO AI POLICY NO AI
Share:
Facebook X
Alamy/Rosemarie Stennull

Alamy/Rosemarie Stennull

For me, living abroad was always a given. I spent my childhood and teenage years dreaming of how I would explore the globe when I grew up.

As my college years came to a close and graduation approached, I leapt at the chance to relocate to Panama, a country that had stolen my heart two years before.

However, as the COVID-19 pandemic ravaged the world, my excitement and anticipation quickly plunged into frustration.

I decided that despite the obstacles, I was going to make my dream a reality. As I write this article from the balcony of my apartment in Panama City, I’m proud to say I made it and that you can, too.

Finding A Job

This was by far the most challenging aspect of my move. I began my job search in December 2020, when the Panamanian economy was at its lowest point.

I spent the next three months contacting new agencies every day, inquiring about open positions. The response I received was the same each time: “Our apologies, due to the pandemic we’re not currently taking any new applications.”

Eventually, a friend directed me to Expat Exchange’s Job Listings in Panama page, where I found my current position at Live and Invest Overseas.

Expat Exchange posts a variety of employment opportunities ranging from video production specialists to marketing assistants to sales positions. Many are specifically seeking expats and native English speakers. This resource is a valuable starting place if you’re also relocating to Panama in the COVID-19 era.

Renting An Apartment

By word of mouth, I found a simple three-bedroom apartment on Avenida Transístmica, in a centrally-located area of the city. The rent is US$600 monthly, which I split with my two roommates.

The main challenge I encountered during my search for an apartment was the high cost of living in Panama. Areas popular among expats, such as El Cangrejo and Punta Pacífica, tend to be significantly more expensive.

I prefer to live surrounded by locals because it provides an outstanding opportunity for cultural and linguistic immersion.

Certain landlords have shortened the length of their lease agreements due to the pandemic, and mine is currently a six-month arrangement with the option to renew when the lease expires. I appreciate the flexibility, but I realize that this could be an inconvenience for others.

If you’re on the hunt for an apartment in Panama City, I recommend checking out Encuentra 24’s website. You’ll find opportunities for leasing and purchasing apartments, homes, beach houses, offices, and more in all provinces of Panama.

The site lets you filter your search according to location, price, number of rooms, and size. It’s straightforward and easy to use.

Keep in mind is that hot water, dishwashers, and drying machines are not a given here, and if these amenities are important to you, be sure to inquire beforehand as to whether the apartment or home has them. Real estate with these amenities is likely to be pricier.

Moving To Panama

Flying into Tocumen International Airport from the States can be expensive… I booked my flight two months in advance with American Airlines.

Tocumen International airport sign in Panama
AnelGTR, CC BY-SA 3.0 via Wikimedia Commons

I paid US$310 for a basic economy seat, and the ticket came with an added advantage: due to the uncertainty of the pandemic, I had the option of cancelling my flight at any time.

I like to use Expedia when booking flights because it offers you the most affordable options as well as the ability to rent a car, hotel room, or a package with all three at a reasonable rate.

When you land in Panama City you will be required to take a COVID-19 test, even if you’re already vaccinated. There are two different labs in the airport: one for arrivals from Africa and South America and the other for travelers from the United States and other areas with lower transmission rates.

I made the mistake of waiting nearly an hour in the wrong line because they weren’t clearly marked. To avoid doing the same, ask one of the security guards to point you toward the correct laboratory. Once the technicians take the sample, they’ll ask you to wait half an hour to receive your results. You will then present your card as you pass through customs.

Once In Panama

The first thing I did after landing in Panama was open a savings account in Banistmo Bank. If you’re trying to decide which bank to use, Banistmo is a great option because opening an account is easy.

The only documents I was asked to provide were my employment contract and passport. The entire process took less than an hour. Banistmo offers a mobile banking app where you can view your balance, make transfers, and pay various bills such as internet and mobile data.

Purchasing a SIM card in Panama is a relatively easy process. You’ll have various options to choose from, but the major carriers here are Claro, Tigo, Digicel, and + Móvil. I prefer Digicel because it’s the fastest mobile network in Panama and offers unlimited LTE data. It is also highly affordable; my current plan only costs US$10 per month.

Once you decide what carrier you want to use, be sure to ask for a list of their plans with prices. Certain places will try to sell you the most expensive plan because they see you as an unsuspecting foreigner. This happened to me, and I ended up paying over three times the cost of my current plan for the same amount of coverage.

Remember to take your passport; they will certainly ask to see it. Actually it’s a good idea to bring your passport with you everywhere you go in Panama. I’ve been asked to show my passport while paying more than a dozen times.

I was surprised at how easy it is to navigate the public transportation system in Panama. A wide network of metro and bus lines throughout the city facilitates travel without a car—therefore avoiding the infamous traffic here.

Metro cards cost US$2 and can be continuously recharged to use on the metro, with each trip costing 35 cents, and on the bus, with each ride costing 25 cents.

Metro station in Panama City, Panama
Panamafly via Wikimedia Commons

A word of caution about transportation: yellow taxis are everywhere, but you should avoid using them. They tend to overcharge, especially foreigners, and their driving can be dangerous. Uber and inDriver are better alternatives, with the latter allowing you to choose your own fare.

I arrived in Panama City a month and a half ago, and I’ve had the opportunity to travel, make local friends, and volunteer at a non-profit humanitarian organization.

Looking back, I couldn’t be happier to have moved here when I did, even with the added pressure of the COVID-19 pandemic. My experience is proof that you don’t need to postpone your move to Panama, and that with a bit of extra effort and creativity, you also can make this beautiful and unique city your home.

Gabrielle Wells
Panama Insider

Gabrielle Wells

Gabrielle Wells

Gabrielle Wells graduated from university in May 2021 and relocated to Panama in June. She has traveled extensively throughout Mexico, Ecuador, and Panama, and always planned to one day live abroad. Many of her travels have been solo, and this has given her the chance to fully immerse herself in each place she has visited. She visited Panama for the first time in 2018 and fell in love with its natural beauty and local culture. On the weekends she enjoys volunteering, spending time at the beach, exploring Panama’s old town, Casco Viejo, and hiking in the breathtaking natural parks outside the city.

Get Your Free Panama Report Today!
Simply enter your email address below and we'll send you our FREE REPORT – Live And Invest In Panama: The #1 Retirement Haven In The Americas.

We Value Your Privacy! We will not share your email address with anyone else, period.
Our Expertise Unlocks The World

quick links

  • Best Places To Live
  • Best Places To Retire
  • Finding A Job Overseas
  • Real Estate

LIOS Resources

  • New To LIOS
  • Ask An Expert
  • Media Center
  • Contact Us
  • FAQs
Sign up for our free daily e-letter, Overseas Opportunity Letter, and get your FREE REPORT: The 12 Best Places To Retire Overseas In 2026

We Value Your Privacy! We will not share your email address with anyone else, period.

As seen in

US Logos
© 2025 – Live and Invest Overseas™ – All Rights Reserved.
About Us / Contact Us / Privacy Policy / Terms / Unsubscribe
Facebook-f X-twitter Youtube Linkedin-in Instagram
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

VISIT SITE

Buying Real Estate For Cashflow

 

Discover tips and strategies used by global property investing veterans

READ MORE

Explore Our Latest Posts

 

Learn how to invest and purchase property abroad…

EXPLORE

Conferences

2026 Live And Invest In Mexico Online Workshop

Online Aug. 22, 2026
Learn More About This Event

2026 Live And Invest In France Conference

Online Sept. 25-26, 2026
Learn More About This Event

2026 Offshore Wealth Summit

Online Oct. 14, 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

Store

Overseas Havens Reports

  • Expats' comprehensive destination guides

Conference Kits

  • Hours of coverage  from our latests conferences

Lahardan Books

  • Titles on living and investing around the world

Services

  • Overseas Living Letter: Affordable Retirement Guidance
  • The Simon Letter: Wealth Protection Insights
  • Global Property Advisor: Global Investment Opportunitites
VISIT OUR STORE

Free Report

FREE Report

The 12 Best Places to Retire Overseas in 2026

Simply sign up for our FREE daily Overseas Opportunity Letter, and we’ll immediately email you our editors’ latest research report… absolutely FREE

We Value Your Privacy! We will not share your email address with anyone else, period.

LIBRARY

Follow Us:

© 2008 - Live and Invest Overseas - All Rights Reserved.

Book Cover
User

From the desk of Kathleen Peddicord
Founding Publisher, Live and Invest Overseas

Live And Invest In Panama
The #1 Retirement Haven In The Americas
Inside Your Free Report:
  • The best places to live, from Panama City and Boquete to Las Tablas and Coronado
  • Where a furnished two-bedroom apartment can cost around $800 a month
  • How some retirees live comfortably on $1,500–$2,000 a month
  • How retirees can save up to 50% through Panama's Pensionado discount program
Enter your email to get instant access to your report.
You’ll also receive our free daily Overseas Opportunity Letter.
100% FreeNo obligations
Unsubscribe AnytimeOne-click unsubscribe
Privacy ProtectedYour info is never shared
Could Panama Really Be The #1 Retirement Haven In The Americas?...
Find Out Why →
RETIRE OVERSEAS AND LIVE LIKE ROYALTY
Sign up for FREE to learn how. Plus, check out our FREE report on THE 12 BEST PLACES TO RETIRE

We Value Your Privacy! We will not share your email address with anyone else, period.