Panama might be a small country, but it is mighty in attracting foreigners to immigrate there. Panama has a diverse cross-section of living environments, from large cities to open beaches to tropical rainforests. There is so much diversity in Panama that almost anyone can happily find a place to live in Panama based on their personal preference. It’s easy to see why people move to Panama.
Panama is also easily accessible. There are direct flights to Panama City from thirty cities worldwide, including seventeen cities in the United States and Canada. Situated where North America joins with South America, Panama could be thought of as the Hub of the Americas. It has already become a logistics hub, and with its favorable tax laws, tropical climate and business incentives, it is becoming the new “it” destination.
Combine all of that with a friendly population and a welcoming culture, and it’s easy to see why people move to Panama and it is becoming the preferred destination for all kinds of people looking to relocate.
Five Irresistible Reasons To Move To Panama In 2024
The Weather
If you are a fan of summer (and who isn’t?), then Panama is the perfect place for you. Panama spends the entire year in summer-like weather conditions. Its proximity to the equator puts it in a perpetual tropical climate. Also, since Panama is below the Atlantic Hurricane Belt, it is not susceptible to Hurricane Season. Panama lies within the Tropical Monsoon climate, so there is a long rainy season. However, the rainy season doesn’t mean nonstop rainfall for months. Instead, the country experiences light to intense rain for a few hours at a time.
Cost of Living
Panama’s cost of living is significantly lower than that of the United States and Europe. A lower cost of living translates into lower taxation, so the benefits keep piling up. Americans and Europeans who move to Panama will find their dollars and Euros stretching farther in Panama. Stretching your currency much farther makes it much easier to live a comfortable lifestyle.
A Welcoming Culture
Panamanians have a reputation for being friendly and helpful. The culture of Panama is a blend of Caribbean, Latin American, and North American influences that create a unique culture that can feel welcoming and familiar to people from all over the Western Hemisphere. Combine that with the fact that Panamanians are used to expats, and you will have an easy transition to blending in with the culture of Panama.
Culinary Delights
There is no shortage of American-style food in Panama, but one must sample the local fair to truly experience how great living in Panama can be. Panamanian cuisine takes its influences from Caribbean, Latin, African, and Indigenous cooking. Whether it’s a breakfast consisting of a deep-fried corn tortilla piled high with eggs or a dinner of chicken stew, red snapper, or sea bass, your palette will experience a variety of culinary wonders when you move to Panama.
Unparalleled Natural Beauty
One cannot think about Panama without thinking of the natural beauty that will surround you wherever you go. Do you like spending time relaxing at the beach? One coast is the Caribbean Sea, and the other is the South Pacific Ocean. Is hiking through the rainforest more your thing? Panama is covered with miles of rainforest waiting to be explored. Panama’s environmental diversity offers a wealth of choices for activities and places to live.
These are just a few reasons you should consider Panama in 2024. We didn’t even mention the excellent infrastructure, world-class health care, and political stability that should be considered when looking into this kind of a move. For any of the reasons above, Panama should be at the top of your list when considering relocation in 2024.
Ready For More Information?
If you’re considering a relocation, why not consider a move to Panama? So many others have found exactly what they were looking for in this tropical paradise. If we can help make your luxury dreams come true, please don’t hesitate to contact us. We’ve been working with expats for years and have helped them just like we can help you.