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Home Retirement/Living

Expat Life In El Cangrejo, Panama City

The Best Neighborhood In Panama City For An Expat

Kathleen Peddicord by Kathleen Peddicord
Dec 12, 2020
in Retirement/Living
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El Cangrejo, Panama

iStock/rahan1991

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El Cangrejo is our top pick for an urban lifestyle in Panama. No other neighborhood has more personality than this. It would be fair to describe all of Panama City as multicultural, but nowhere else is the diversity more apparent than in El Cangrejo.

This region at the heart of this city is dense with restaurant options from Panamanian cuisine to Vegan, Italian, French, Swiss, Colombian, Cuban, Lebanese, Chinese, Japanese, Mexican, Argentine, and on and on. There’s an abundance of small, family-owned businesses, where the proprietors, again, hail from across the globe, which brings me to… an eclectic expat community.

People From All Over Live In This Neighborhood

Happy friends from diverse cultures
iStock/DisobeyArt

North, Central and South Americans, Europeans, and Asians. The expats in El Cangrejo aren’t segregated or separated, but fully integrated.

El Cangrejo Is Prime Real Estate

Via Argentina metro station, Panama

The metro line runs all along Vía España, making transportation easier, with two stops in the zone. One at the beginning of Vía Argentina, and the second at the end at Iglesia del Carmen. The value of this area is ever-growing and also represents a good real-estate investment opportunity.

It’s Expat-Approved

Icon of gold isometric check
iStock/DmytroShchetynin

In the six years we’ve been living and running our Live and Invest Overseas office in Panama, we’ve moved house four times and office three. This is a small city offering a great diversity of lifestyle experiences, and, to be honest, we’ve had trouble finding our ideal fit here, both personally and professionally. Finally, though, we think we’ve hit on the combination that suits us best. We’re living in a high-rise tower on Avenida Balboa, enjoying views all-around of the Bay of Panama, the Pacific Ocean, and the entrance to the Panama Canal… and we’re working from a big old house in El Cangrejo that we’ve reconfigured to provide pleasant office space with loads of personality.

It’s a 10-minute commute (on good days) from our apartment building to our office. We have parking out front and all around. Within a five-minute walk of the office are dozens of lunch and Happy Hour options, plus pharmacies, dry cleaners, banks, supermarkets, gift shops, and hotels where we put up guests and visitors.

It’s A Cultural Hub

College friends walking
iStock/Prostock-Studio

El Cangrejo is also the home of several universities, so you’ll see students all over the area enjoying themselves at Rana Dorada, one of the artisanal beer spots, after a long day of class. It’s a cultural hub, besides the previously mentioned variety of restaurants, there are also plenty of bars, casinos, tattoo shops, barber shops, boutiques, art shops, and beauty salons. You can also go to the local park, Andrés Bello, where there are soccer courts, basketball courts, a playground for children, exercise machines, dance classes, and you can let your pup loose to play with other dogs. This park also hosts art festivals, mini-concerts, and political encounters.

Who Does The Neighborhood Appeals To

Small business owner
iStock/Ridofranz

This is a great place to base yourself as a small business owner, be your business bricks and mortar or virtual like ours. If you’re younger than us, you’d probably also find it a great place to live, as do a half-dozen of our 20-something staff.

Kathleen Peddicord

Tags: 'panama city''retirement'Expats In El Cangrejolive in PanamaMove to PanamaPanamaPanama Letterretire to Panama
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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

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