Panama offers a low cost of living. Many retirees find they can live comfortably on about $1,400 to $1,700 per month. The cost savings are appealing, especially when compared to North American cities.

In addition, because Panama also does not have a tax treaty with the United States, claims on US tax returns for foreign tax credits or foreign earned income are complicated, Lesperance notes.

El Valle attracts many expats who love the area’s serene style, ample hiking opportunities and scenic landscapes. They also enjoy a low cost of living, with monthly rent for a one-bedroom ...

When Panama instituted its lockdown on March 20, Jason Cohen, an owner with his wife, Stephanie, of Casa Solution Real Estate, got nervous. “In the beginning, we lost a few deals because of what ...

Cons: In 2023, Panama announced the cost of establishing residence would increase from $300,000 to $500,000. However, following a drop in applications, the country reversed that decision in ...

The capital of Panama, Panama City, is second on the list. More than three quarters (76 per cent) of expats living there are are satisfied with their financial situation.

A new survey on living and working abroad has revealed the best countries for expats to live. From Malaysia to Mexico, residents explain what makes them love their new home.

Expats found a lot of similarities between Panama and Mexico. Factors such as personal finance, settling in, and housing aided in the country’s return to the list. The United States took a dive ...