IBOV 171,497 ▲ 1.71% IPSA 10,741 ▲ 2.75% IPC MEX 66,977 ▲ 3.33% MERVAL 3,353,008 ▲ 6.34% COLCAP 2,350.77 ▲ 3.90% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.12 ▲ 0.43% USD/MXN 17.20 ▼ 0.29% USD/CLP 904.40 ▲ 0.23% USD/COP 3,490 ▼ 1.93% USD/PEN 3.40 ▼ 0.05% USD/ARS 1,432 ▼ 0.03% USD/UYU 40.67 ▲ 1.66% USD/PYG 6,120 ▲ 0.89% USD/BOB 6.86 ▲ 1.78% USD/DOP 58.46 ▲ 1.36% USD/CRC 451.82 ▲ 1.15% USD/GTQ 7.62 ▲ 2.18% USD/HNL 26.65 ▲ 0.16% USD/NIO 36.62 ▲ 0.67% USD/VES 581.23 ▲ 0.76% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.60% USD/JMD 157.59 ▲ 0.75% USD/TTD 6.72 ▲ 0.91% EUR/BRL 5.92 ▼ 1.02% BRENT 87.10 ▼ 3.63% WTI 84.36 ▼ 3.82% IRON ORE 161.91 — — COPPER 6.39 ▲ 2.14% GOLD 4,228 ▲ 3.38% SILVER 67.15 ▲ 5.10% SOY 1,113 ▼ 0.20% CORN 409.25 ▼ 0.61% WHEAT 583.50 ▼ 0.55% COFFEE 251.00 ▼ 1.16% SUGAR 13.71 ▼ 0.58% ORANGE JUICE 166.00 ▼ 0.48% COTTON 76.41 ▲ 5.41% COCOA 3,809 ▲ 2.67% BEEF 242.63 ▼ 2.99% CATTLE 359.53 ▲ 1.45% LITHIUM 80.74 ▲ 5.49% PETR4 41.76 ▲ 0.26% VALE3 78.80 ▲ 1.42% ITUB4 40.50 ▲ 2.90% BBDC4 17.68 ▲ 2.43% ABEV3 16.64 ▲ 2.21% BBAS3 19.41 ▲ 2.16% B3SA3 15.44 ▲ 2.12% WEGE3 42.35 ▼ 0.09% PRIO3 62.05 ▼ 1.32% SUZB3 41.29 ▼ 0.39% RENT3 40.80 ▲ 4.29% AZZA3 17.51 ▲ 3.92% CSAN3 3.37 — 0.00% RAIZ4 0.43 ▼ 4.44% PCAR3 1.46 ▼ 5.19% GMAT3 4.12 ▲ 5.37% PSSA3 49.51 ▲ 2.12% CVCB3 1.32 ▼ 7.04% POSI3 3.53 ▲ 4.75% SLCE3 14.68 ▼ 1.41% NATU3 8.51 ▼ 1.96% BRKM5 9.75 ▲ 5.06% RANI3 7.95 ▲ 1.15% CSNA3 6.01 ▼ 0.50% CMIN3 4.34 ▲ 0.46% USIM5 10.85 ▼ 1.00% GGBR4 23.82 ▲ 1.66% ENEV3 24.40 ▲ 2.22% NEOE3 33.80 — 0.00% CPFE3 44.37 ▲ 2.52% CMIG4 10.81 ▲ 0.75% EQTL3 38.89 ▲ 1.25% LREN3 15.39 ▲ 3.85% VIVT3 33.86 ▲ 1.80% RAIL3 13.49 ▲ 1.43% KLABIN 16.78 ▼ 0.47% RAIA DROGASIL 17.62 ▼ 0.79% RDOR3 34.04 ▲ 4.74% HAPV3 11.59 ▲ 1.58% FLRY3 15.16 ▲ 2.29% SMTO3 16.17 ▼ 4.32% UGPA3 24.98 ▼ 0.04% VBBR3 29.53 ▲ 0.72% BBSE3 37.80 ▲ 3.19% BPAC11 50.48 ▲ 2.60% CURY3 31.88 ▲ 5.21% AERI3 2.34 ▲ 1.30% VIVARA 21.21 ▲ 2.32% COMPASS 25.26 ▲ 1.49% VAMOS 2.94 ▲ 6.52% SANB11 27.17 ▲ 0.63% ASAI3 8.24 ▲ 0.49% SBSP3 27.85 ▲ 1.20% WALMEX 51.71 ▲ 2.99% GMEXICO 206.47 ▲ 4.06% FEMSA 221.48 ▲ 3.14% CEMEX 21.87 ▲ 6.01% GFNORTE 182.46 ▲ 4.19% BIMBO 58.33 ▲ 2.93% TELEVISA 9.88 ▲ 0.71% AMX 23.90 ▲ 8.05% GAP 398.57 ▲ 3.24% ASUR 284.32 ▲ 2.89% OMA 213.83 ▲ 2.38% KOF 184.42 ▲ 1.70% GRUMA 293.79 ▲ 1.30% KIMBER 36.52 ▲ 2.33% SQM-B 72,605 ▲ 6.77% COPEC 6,159 ▼ 0.46% BSANTANDER 72.44 ▲ 1.03% FALABELLA 5,970 ▲ 1.98% ENELAM 77.21 ▲ 0.27% CENCOSUD 2,180 ▲ 4.31% CMPC 1,040 ▲ 0.02% BANCO CHILE 178.25 ▲ 0.82% LATAM AIR 23.15 ▲ 6.68% YPF 83,700 ▲ 1.92% GGAL 8,270 ▲ 10.49% PAMPA 5,305 ▲ 5.36% TXAR 700.00 ▲ 2.34% ALUAR 1,027 ▲ 1.08% TGS 9,860 ▲ 6.14% CEPU 2,395 ▲ 4.81% MIRGOR 17,275 ▲ 3.29% COME 46.06 ▲ 4.80% LOMA NEGRA 3,743 ▲ 9.35% BYMA 304.00 ▲ 6.20% TELECOM ARG 4,755 ▲ 11.10% ECOPETROL 16.26 ▲ 0.31% BANCOLOMBIA 80.83 ▲ 6.54% GRUPO AVAL 5.38 ▲ 4.26% CREDICORP 368.38 ▲ 4.75% SOUTHERN COPPER 182.16 ▲ 8.58% BUENAVENTURA 32.76 ▲ 6.78% MERCADOLIBRE 1,610 ▲ 1.37% NUBANK 12.09 ▲ 4.04% XP 15.65 ▲ 4.75% PAGSEGURO 8.94 ▲ 4.56% STONE 11.25 ▲ 6.13% GLOBANT 36.42 ▼ 1.17% TECNOGLASS 43.80 ▲ 3.96% GAP AIRPORT 229.81 ▲ 3.64% ASUR 284.32 ▲ 2.89% OMA AIRPORT 99.20 ▲ 3.42% AMX ADR 27.66 ▲ 8.77% FEMSA ADR 128.36 ▲ 3.81% CEMEX ADR 12.70 ▲ 7.63% PETROBRAS ADR 18.24 ▲ 0.72% VALE ADR 15.36 ▲ 2.88% ITAU ADR 7.91 ▲ 3.81% SANTANDER BR 5.38 ▲ 1.80% AMBEV ADR 3.22 ▲ 3.54% CSN 1.21 ▲ 2.54% GERDAU 4.66 ▲ 3.10% LATAM ADR 51.47 ▲ 8.54% BTC 63,794 ▲ 0.37% ETH 1,676 ▲ 0.24% SOL 66.95 ▲ 0.19% XRP 1.14 ▲ 0.19% BNB 607.92 ▲ 0.48% ADA 0.17 ▲ 0.45% DOGE 0.09 ▲ 0.74% AVAX 6.65 ▲ 0.15% LINK 7.91 ▲ 0.36% DOT 0.97 ▲ 1.74% LTC 43.05 ▲ 1.27% BCH 204.60 ▼ 0.31% TRX 0.31 ▼ 1.36% XLM 0.19 ▲ 0.88% HBAR 0.08 ▲ 0.60% NEAR 2.10 ▲ 1.87% ATOM 1.99 ▼ 1.87% AAVE 64.88 ▲ 0.92% SELIC 14.50% EMBRAER 71.20 ▲ 2.23% EMBRAER ADR 56.10 ▲ 4.24% JBS 12.20 ▲ 1.41% JBS BDR 62.00 ▲ 1.14% MBRF3 16.00 ▲ 0.63% MBRFY 3.06 — 0.00% INTER 5.71 ▲ 2.70% EGX 50,819 ▼ 0.85% USD/ZAR 16.28 ▲ 0.23% USD/NGN 1,360 — 0.00% NIKKEI 66,020 ▲ 2.81% CSI300 4,777 ▲ 1.16% HSI 24,718 ▲ 1.93% NIFTY 23,623 ▲ 1.99% KOSPI 8,124 ▲ 4.63% JCI 6,008 ▲ 2.07% USD/JPY 160.13 ▲ 0.14% USD/CNY 6.7617 ▼ 0.20% DAX 24,581 ▲ 1.53% CAC 8,347 ▲ 1.79% FTSE 10,415 ▲ 1.08% MIB 51,465 ▲ 1.90% IBEX 18,692 ▲ 2.19% STOXX 630.81 ▲ 1.49% EUR/USD 1.1577 ▼ 0.04% GBP/USD 1.3412 ▼ 0.07% SPX 7,394 ▲ 1.75% DJI 50,849 ▲ 1.86% NDX 29,446 ▲ 3.29% RUT 2,921 ▲ 1.88% TSX 34,671 ▲ 1.52% VIX 19.14 ▼ 1.54% USD/CAD 1.3988 ▲ 0.21% US10Y 4.4630 ▼ 1.74% IBOV 171,497 ▲ 1.71% IPSA 10,741 ▲ 2.75% IPC MEX 66,977 ▲ 3.33% MERVAL 3,353,008 ▲ 6.34% COLCAP 2,350.77 ▲ 3.90% BVL PERÚ 34,937.73 ▲ 0.29% USD/BRL 5.12 ▲ 0.43% USD/MXN 17.20 ▼ 0.29% USD/CLP 904.40 ▲ 0.23% USD/COP 3,490 ▼ 1.93% USD/PEN 3.40 ▼ 0.05% USD/ARS 1,432 ▼ 0.03% USD/UYU 40.67 ▲ 1.66% USD/PYG 6,120 ▲ 0.89% USD/BOB 6.86 ▲ 1.78% USD/DOP 58.46 ▲ 1.36% USD/CRC 451.82 ▲ 1.15% USD/GTQ 7.62 ▲ 2.18% USD/HNL 26.65 ▲ 0.16% USD/NIO 36.62 ▲ 0.67% USD/VES 581.23 ▲ 0.76% USD/PAB 1.00 ▲ 2.17% USD/BZD 2.00 ▲ 1.60% USD/JMD 157.59 ▲ 0.75% USD/TTD 6.72 ▲ 0.91% EUR/BRL 5.92 ▼ 1.02% BRENT 87.10 ▼ 3.63% WTI 84.36 ▼ 3.82% IRON ORE 161.91 — — COPPER 6.39 ▲ 2.14% GOLD 4,228 ▲ 3.38% SILVER 67.15 ▲ 5.10% SOY 1,113 ▼ 0.20% CORN 409.25 ▼ 0.61% WHEAT 583.50 ▼ 0.55% COFFEE 251.00 ▼ 1.16% SUGAR 13.71 ▼ 0.58% ORANGE JUICE 166.00 ▼ 0.48% COTTON 76.41 ▲ 5.41% COCOA 3,809 ▲ 2.67% BEEF 242.63 ▼ 2.99% CATTLE 359.53 ▲ 1.45% LITHIUM 80.74 ▲ 5.49% PETR4 41.76 ▲ 0.26% VALE3 78.80 ▲ 1.42% ITUB4 40.50 ▲ 2.90% BBDC4 17.68 ▲ 2.43% ABEV3 16.64 ▲ 2.21% BBAS3 19.41 ▲ 2.16% B3SA3 15.44 ▲ 2.12% WEGE3 42.35 ▼ 0.09% PRIO3 62.05 ▼ 1.32% SUZB3 41.29 ▼ 0.39% RENT3 40.80 ▲ 4.29% AZZA3 17.51 ▲ 3.92% CSAN3 3.37 — 0.00% RAIZ4 0.43 ▼ 4.44% PCAR3 1.46 ▼ 5.19% GMAT3 4.12 ▲ 5.37% PSSA3 49.51 ▲ 2.12% CVCB3 1.32 ▼ 7.04% POSI3 3.53 ▲ 4.75% SLCE3 14.68 ▼ 1.41% NATU3 8.51 ▼ 1.96% BRKM5 9.75 ▲ 5.06% RANI3 7.95 ▲ 1.15% CSNA3 6.01 ▼ 0.50% CMIN3 4.34 ▲ 0.46% USIM5 10.85 ▼ 1.00% GGBR4 23.82 ▲ 1.66% ENEV3 24.40 ▲ 2.22% NEOE3 33.80 — 0.00% CPFE3 44.37 ▲ 2.52% CMIG4 10.81 ▲ 0.75% EQTL3 38.89 ▲ 1.25% LREN3 15.39 ▲ 3.85% VIVT3 33.86 ▲ 1.80% RAIL3 13.49 ▲ 1.43% KLABIN 16.78 ▼ 0.47% RAIA DROGASIL 17.62 ▼ 0.79% RDOR3 34.04 ▲ 4.74% HAPV3 11.59 ▲ 1.58% FLRY3 15.16 ▲ 2.29% SMTO3 16.17 ▼ 4.32% UGPA3 24.98 ▼ 0.04% VBBR3 29.53 ▲ 0.72% BBSE3 37.80 ▲ 3.19% BPAC11 50.48 ▲ 2.60% CURY3 31.88 ▲ 5.21% AERI3 2.34 ▲ 1.30% VIVARA 21.21 ▲ 2.32% COMPASS 25.26 ▲ 1.49% VAMOS 2.94 ▲ 6.52% SANB11 27.17 ▲ 0.63% ASAI3 8.24 ▲ 0.49% SBSP3 27.85 ▲ 1.20% WALMEX 51.71 ▲ 2.99% GMEXICO 206.47 ▲ 4.06% FEMSA 221.48 ▲ 3.14% CEMEX 21.87 ▲ 6.01% GFNORTE 182.46 ▲ 4.19% BIMBO 58.33 ▲ 2.93% TELEVISA 9.88 ▲ 0.71% AMX 23.90 ▲ 8.05% GAP 398.57 ▲ 3.24% ASUR 284.32 ▲ 2.89% OMA 213.83 ▲ 2.38% KOF 184.42 ▲ 1.70% GRUMA 293.79 ▲ 1.30% KIMBER 36.52 ▲ 2.33% SQM-B 72,605 ▲ 6.77% COPEC 6,159 ▼ 0.46% BSANTANDER 72.44 ▲ 1.03% FALABELLA 5,970 ▲ 1.98% ENELAM 77.21 ▲ 0.27% CENCOSUD 2,180 ▲ 4.31% CMPC 1,040 ▲ 0.02% BANCO CHILE 178.25 ▲ 0.82% LATAM AIR 23.15 ▲ 6.68% YPF 83,700 ▲ 1.92% GGAL 8,270 ▲ 10.49% PAMPA 5,305 ▲ 5.36% TXAR 700.00 ▲ 2.34% ALUAR 1,027 ▲ 1.08% TGS 9,860 ▲ 6.14% CEPU 2,395 ▲ 4.81% MIRGOR 17,275 ▲ 3.29% COME 46.06 ▲ 4.80% LOMA NEGRA 3,743 ▲ 9.35% BYMA 304.00 ▲ 6.20% TELECOM ARG 4,755 ▲ 11.10% ECOPETROL 16.26 ▲ 0.31% BANCOLOMBIA 80.83 ▲ 6.54% GRUPO AVAL 5.38 ▲ 4.26% CREDICORP 368.38 ▲ 4.75% SOUTHERN COPPER 182.16 ▲ 8.58% BUENAVENTURA 32.76 ▲ 6.78% MERCADOLIBRE 1,610 ▲ 1.37% NUBANK 12.09 ▲ 4.04% XP 15.65 ▲ 4.75% PAGSEGURO 8.94 ▲ 4.56% STONE 11.25 ▲ 6.13% GLOBANT 36.42 ▼ 1.17% TECNOGLASS 43.80 ▲ 3.96% GAP AIRPORT 229.81 ▲ 3.64% ASUR 284.32 ▲ 2.89% OMA AIRPORT 99.20 ▲ 3.42% AMX ADR 27.66 ▲ 8.77% FEMSA ADR 128.36 ▲ 3.81% CEMEX ADR 12.70 ▲ 7.63% PETROBRAS ADR 18.24 ▲ 0.72% VALE ADR 15.36 ▲ 2.88% ITAU ADR 7.91 ▲ 3.81% SANTANDER BR 5.38 ▲ 1.80% AMBEV ADR 3.22 ▲ 3.54% CSN 1.21 ▲ 2.54% GERDAU 4.66 ▲ 3.10% LATAM ADR 51.47 ▲ 8.54% BTC 63,794 ▲ 0.37% ETH 1,676 ▲ 0.24% SOL 66.95 ▲ 0.19% XRP 1.14 ▲ 0.19% BNB 607.92 ▲ 0.48% ADA 0.17 ▲ 0.45% DOGE 0.09 ▲ 0.74% AVAX 6.65 ▲ 0.15% LINK 7.91 ▲ 0.36% DOT 0.97 ▲ 1.74% LTC 43.05 ▲ 1.27% BCH 204.60 ▼ 0.31% TRX 0.31 ▼ 1.36% XLM 0.19 ▲ 0.88% HBAR 0.08 ▲ 0.60% NEAR 2.10 ▲ 1.87% ATOM 1.99 ▼ 1.87% AAVE 64.88 ▲ 0.92% SELIC 14.50% EMBRAER 71.20 ▲ 2.23% EMBRAER ADR 56.10 ▲ 4.24% JBS 12.20 ▲ 1.41% JBS BDR 62.00 ▲ 1.14% MBRF3 16.00 ▲ 0.63% MBRFY 3.06 — 0.00% INTER 5.71 ▲ 2.70% EGX 50,819 ▼ 0.85% USD/ZAR 16.28 ▲ 0.23% USD/NGN 1,360 — 0.00% NIKKEI 66,020 ▲ 2.81% CSI300 4,777 ▲ 1.16% HSI 24,718 ▲ 1.93% NIFTY 23,623 ▲ 1.99% KOSPI 8,124 ▲ 4.63% JCI 6,008 ▲ 2.07% USD/JPY 160.13 ▲ 0.14% USD/CNY 6.7617 ▼ 0.20% DAX 24,581 ▲ 1.53% CAC 8,347 ▲ 1.79% FTSE 10,415 ▲ 1.08% MIB 51,465 ▲ 1.90% IBEX 18,692 ▲ 2.19% STOXX 630.81 ▲ 1.49% EUR/USD 1.1577 ▼ 0.04% GBP/USD 1.3412 ▼ 0.07% SPX 7,394 ▲ 1.75% DJI 50,849 ▲ 1.86% NDX 29,446 ▲ 3.29% RUT 2,921 ▲ 1.88% TSX 34,671 ▲ 1.52% VIX 19.14 ▼ 1.54% USD/CAD 1.3988 ▲ 0.21% US10Y 4.4630 ▼ 1.74%
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Friday, June 12, 2026

Living in Panama Expats & Nomads

Where to Live in Panama: Panama City, Boquete, Coronado and Pedasí

By · June 12, 2026 · 5 min read

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Panama · Living in Panama

Key Facts

Panama City. Skyscrapers, restaurants and the biggest expat community, best for city lovers.

Boquete. Cool mountain town, spring-like weather, popular with retirees and nature lovers.

Coronado. An easy beach town near the capital with a ready-made expat scene.

Pedasí. A quiet Azuero beach town for those who want calm over crowds.

Deciding where to live in Panama is the happiest kind of homework, because the country packs a skyline, a cloud forest and two coastlines into a space smaller than many single US states. Whether you dream of rooftop pools or a cabin in the hills, this friendly tour of the main expat bases will help you find your fit.

Where to live in Panama: the historic Casco Viejo district in Panama City
Casco Viejo blends colonial charm with some of the capital’s best dining. (Photo: David Broad, CC BY 3.0, via Wikimedia Commons)
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Panama City: the cosmopolitan heart

For many newcomers, the capital is the natural first stop. It offers a real skyline, world-class restaurants, modern hospitals and the country’s largest, most welcoming expat community.

Within the city, the neighbourhoods have distinct personalities. El Cangrejo is walkable and full of cafés, Bella Vista is central and lively, Costa del Este is sleek and family-friendly, and historic Casco Viejo trades high-rises for cobblestones and charm.

Boquete: the highland favourite

Up in the western mountains, Boquete enjoys spring-like weather all year, which is its great selling point. The cooler air means you can skip air conditioning, and the green valleys draw hikers, coffee farmers and a long-settled community of foreign retirees.

Life here is slower and more outdoorsy than in the capital. You trade nightlife for birdsong, gain space and gardens, and still find good cafés, a farmers’ market and fellow expats to share the trails with.

Coronado and the City Beaches

If you want sand without leaving the conveniences behind, Coronado is the classic choice. Roughly an hour and a half from the capital, it has supermarkets, clinics and golf, plus an established expat crowd to make settling in easy.

The wider stretch known as the City Beaches offers similar appeal at a range of prices. It suits people who want the ocean on weekdays and the city within reach for a night out.

Pedasí and the quieter coast

Further out on the Azuero Peninsula, Pedasí is for those who prefer calm to crowds. It is a small, friendly fishing town with clean beaches, surf nearby and a gentle pace that newcomers either adore or find too quiet.

The trade-off is distance. You are further from major hospitals and the airport, so Pedasí tends to reward people who value tranquillity and have a flexible lifestyle.

Bocas del Toro: the Caribbean option

Over on the Caribbean coast, the islands of Bocas del Toro offer a different mood entirely. Think turquoise water, wooden houses on stilts and a laid-back, international crowd of surfers, divers and younger remote workers.

It is the most easy-going corner of the country, though also one of the rainiest and most remote. People who thrive here value the water and the community more than quick access to big-city services.

How to choose where to live in Panama

The smartest approach is to rent before you buy, and to sample more than one region across different seasons. A month in the city and a month in the hills will teach you more than any list ever could.

Weigh up climate, healthcare access and how often you will fly home, since those three factors shape daily life most. To plan the numbers, pair this with our guide to the cost of living in Panama.

Climate and commute: matching place to lifestyle

Climate is the quiet decider in Panama. The coasts and lowlands stay hot and humid all year, while the highlands keep a cool, spring-like feel, which is why so many retirees gravitate to Boquete.

Think too about how often you will need the capital. Living within reach of Panama City means easier access to its international airport and best hospitals, a real consideration for frequent flyers.

For a gentler middle ground, the small mountain town of El Valle de Anton offers cool air and greenery just a couple of hours from the city.

City, coast, island or interior?

A useful way to narrow the search is to picture your ideal weekend. If it involves restaurants and culture, the city wins; if it involves surf and hammocks, the coasts and islands call.

For those drawn to gardens, cool nights and a tight community, the interior highlands are hard to beat. Many expats end up splitting the difference, basing themselves near the city with regular escapes to the hills or the sand.

Whatever you lean toward, give yourself permission to change your mind. Plenty of expats move once or twice before they find the spot that finally feels like home.

Frequently asked questions

Where do most expats live in Panama?

The largest communities are in Panama City, Boquete and the Coronado beach area. Each offers a ready-made network of fellow expats and the services newcomers need.

Is it better to live in Panama City or the mountains?

It depends on your pace of life. The city offers jobs, dining and top hospitals, while towns like Boquete offer cooler weather, nature and a calmer, cheaper routine.

Should I rent or buy when I first move to Panama?

Most advisers suggest renting first, ideally in more than one area. It lets you test the climate, the commute and the community before committing to a purchase.

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