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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

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






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          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

          Explore Our Latest Posts

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          Go To The Overseas Property Alert Site

          • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
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          International Property Summit

          Caribbean Virtual Conference

          Live and Invest In Spain Conference

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          Valencia, Spain

          Sep. 17-19, 2025

          LEARN MORE
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          Toll-Free U.S. and Canada:
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          Reach us with your questions by email at: events@liveandinvestoverseas.com

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          Your passport to a life well-lived abroad

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          overseas living letter offers affordable retirement guidance
          The Simon Letter Wealth Protection Insights
          Global Property Advisor Global Investment Opportunities

          Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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          Home In Focus: Panama

          Transport, Bills, And Red Devils

          by Kathleen Peddicord
          Feb 15, 2024
          in In Focus: Panama
          0 0
          Secret beach on Isla Bolanos, Chiriqui province, Panama

          AdobeStock/Bogdan Lazar

          “As a new arrival in Panama City, I had a lot to figure out… and I have to admit that, often, I felt overwhelmed…”

          So began Sophia Titley when she took the stage to address all those convened in the meeting rooms of the Central Hotel in Casco Viejo for the final day of our 2018 Live and Invest in Panama Conference.

          Sophia’s “Just Landed! Getting Set Up In Panama” presentation walked attendees at the event through all practical aspects of establishing yourself and launching a new life in this country.

          “This talk is designed to arm you with everything you need to know to get settled in Panama and to make your transition to life here smoother than mine was!” Sophia explained.

          “In your previous life, you may have taken a certain level of logic and efficiency for granted in your everyday interactions,” she continued.

          “Now you’re in Panama. Things are different here.

          “Some days you will want to bang your head against the wall, but all the idiosyncrasies of this country are also part of the fun. With the help of insights and experience I’m about to share, my hope is that you’ll be more and better prepared for life in this unique and exciting place.”

          Sophia carried on to walk the group through all aspects of day-to-day living in Panama… and these haven’t changed a whole lot in the years since.

          Getting Around

          Up until this point in your life, you may not have considered sidewalks a luxury. Now that you’re in Panama, you’ll need to adjust that thinking.

          If you’re trying to navigate Panama City on foot and are lucky enough to find an actual sidewalk, chances are it will be rocky, overgrown with tree roots, littered with garbage, or pitted with potholes that drop down into no-man’s-land.

          When walking around Panama City, you need to take care with every step. Do not look up at the pretty high-rise buildings all around you. Keep your eyes focused down on the ground watching for impediments… lest you end up at the bottom of one of those giant potholes.

          It used to be that, if you didn’t own your own car, the only option for getting around Panama City was a taxi.

          Taxis in Panama are cheap compared with North American prices. The average fare is about $5. If you’re going to use a taxi, be sure you have cash and small notes. Cabbies conveniently never have change for your $10 or $20 bill.

          That said, we’d recommend against using taxis in Panama City. Panama City taxi drivers are among the least cool people on the planet. These guys are disagreeable and often untrustworthy.

          A better option today is to use Uber. Drivers working with these services are required to register, which adds a level of accountability.

          “As a young single woman in Panama City, this is the service I feel most comfortable using,” pointed out Sophia.

          In addition, today you have another option for getting around Panama City—ever improving public transportation.

          Your first option for public transportation is the Metrobus. These have been operating on the streets of Panama City since 2012 and are familiar and safe. You’ll need a Metrocard to ride these buses. Swipe your card when you get on board and hit the red button when you want to exit. Metrocards are sold at all metro stops, grocery stores, and the Albrook bus terminal.

          Your second public transportation option is the metro.

          Panama is the first country in Central America to build a metro; the first line, which opened in 2014, runs from San Isidro station in the northeast of the city to Albrook Station (home of the famous mall and the city’s biggest bus terminal) toward the southwest.

          Line 2 runs from San Miguelito to Tocumen International Airport.

          Line 3, which will go over the Canal and connect to neighborhoods west of the city, is in the works and expected to begin operations in mid-2025.

          Your most authentic option, though not recommended, for public transport is the Diablo Rojo. These are retired school buses from the United States that have been pimped out with colors, neon lights, decorations of all kinds, and serious sound systems… all of which are meant to serve as incentive for you to get on board.

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            Panama City’s Diablos Rojos are such a curiosity that the Urban Contemporary Art Museum in Amsterdam has bought some for their collection.

            Interesting and colorful, yes… practical, no. These Red Devils roar, grind, and smoke their way down Panama’s streets. They are overcrowded, not air conditioned, crazy noisy, and unsafe. Plus, it’s usually really hard to figure out the route.

            If and when you decide to invest in a car, the best places to look for a deal on a used vehicle are the local classifieds such as encuentra24. Take your time and watch for fire sales offered by foreigners leaving the country who need their cars sold quickly.

            There’s no Kelley Blue Book or equivalent in Panama, so you’ll have to judge for yourself what a secondhand vehicle is worth. That said, you should always negotiate. This is expected.

            Setting Up Utilities

            To set up your utilities, you’ll need a permanent address here first, meaning you can’t start the process until you’ve rented or bought a place to live.

            When you’ve done that, take your passport and address to the utility company.

            You’ll be asked to fill out a form that asks rather odd questions— such as how often do you iron your clothes?… and, do you own a hairdryer?— in an effort to gauge how much electricity you will use each month and, therefore, how much you’ll need to pay as a deposit.

            You’ll be given an appointment for installation within the next few days. Clear your schedule the day of the appointment because you won’t know what time the guys will be coming… they will give you a time but it’s highly unlikely that they’ll show up at that time.

            Paying bills can be more complicated than you imagine.

            The question is: How do you receive paper bills in a country that doesn’t use addresses or have a to-your-door mail-delivery system?

            The answer is: Often you don’t.

            The utility company might slip your bill into your front gate or leave it in a shrub outside your house. It might then fall on the ground or be carried off by a bird as fodder for his nest…

            Regardless, it’s your responsibility to find your bill and to pay it. The one thing the utility companies here are really efficient at is shutting off your service if you’re payment is late.

            I say forget about the paper bill. Opt for an e-bill, which is now possible!

            Until next time,

            Kathleen Peddicord signature

            Kathleen Peddicord

            Founding Publisher, In Focus: Panama

            Tags: 'Expats In Panama'Central AmericaLife OverseasMove abroad
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            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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                  HOME

                  Top Countries

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

                  Best For:

                  • Health Care Abroad
                  • Retirement Living
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                  • Investing in Real Estate
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                  • 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

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