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Relocating to Panama

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Panama, officially the Republic of Panama, is Central America’s southernmost country bridging Costa Rica and Columbia. Referred to as the “crossroads of the world,” this country boasts warm weather, rich customs and a pulsating population, so its no wonder many retirees and expats are choosing Panama as their next relocation destination.    

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Where to Live

Slightly smaller than the state of South Carolina, Panama’s borders extends over mountains, valleys, jungles and rainforests, across beaches and islands and into a cosmopolitan city electrified by people, must-have customary cuisine and an active night life, making this unexplored metropolis one of the most adventurous to live in.

On the outskirts of Panama City is Panama Bay, a picturesque coastline of white-sandy beaches, cobalt-colored waters and Balboa Ave.─a sophisticated, highly sought-after stretch of beachfront property. At the center of Balboa Ave. is Destiny. Home to many international expatriates, this 51 story condominium high rise overlooks the ocean’s bluff. Each modern and spacious residence (priced proportionately) offers stunning, unobstructed bay and city views, floor-to-ceiling windows, an outdoor private balcony and a gourmet kitchen affixed with the finest appliances and fixtures. If that’s not enough, the rooftop’s infinity-edge pool with open city views is a scene-stealer.

panama-radisson-decapolis-hotel

Making waves in 2010, is one of Trump’s newest development—Trump Ocean Club International Hotel and Tower. Perfectly positioned in Panama City’s exclusive Punta Pacifica Peninsula, this seaside residential hotel sails 70 stories high and offers both hotel guestrooms and residences. Starting at $450,000, elite insiders have three choice residential options: one-, two-and three-bedroom condos; studio, one- and two-bedroom bay lofts or hotel condos located within the hotel itself and managed by Trump’s own elite team. This attractive address offers breathtaking views of the Pacific Ocean, imported marble flooring, granite countertops and frameless showers, not to mention the additional perks of an onsite yacht club and pier with private yacht charter, a wellness spa and an international casino.

Where to Visit

With Panama’s close proximity to the United States, many expats (and retirees) are catching on to the first-rate benefits of being far enough away, yet close enough to home. The Radisson’s Decapolis Hotel, located in heart of Panama’s vibrant city, is a popular choice for business visitors and potential Panama residents. Guests of this stylish get-away spot receive round-the-clock royal treatment from door-to-door airport service to babysitting services. For those guests at work, the Radisson offers its Executive Lounge—an access-only space with internet service, food and drink. After dining at the property’s Fusion restaurant, enjoy the Majestic Casino or Multicentro shopping center, which is connected via a glass walkway to the hotel.

panama-beach

At A Glance

Who lives here: Large expat communities within Panama rely on the country’s service-based industries.

Major Airport: Tocumen International Airport.

Biggest Industry: Importing and exporting goods via the Panama Canal.

Local Libation: Seco con leche, a customary cocktail distilled from sugar and mixed with milk.

To learn more, visit www.panamainfo.com.



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