Why PanamA
PanamA: Fast Facts​
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​Panama (Capital: Panama City) is the southernmost country of Central America. As an isthmus, the country borders Costa Rica and Colombia along with the Caribbean Sea and the Pacific Ocean. ​​​
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Panama boasts a strong economy. According to the World Bank, the country's GDP was 86.26 billion as of 2024 and is projected to continue to grow by 3.9% in the upcoming year.
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Increasing economic stability has supported Panamanian population growth. In 2023, the population was estimated to be 4.453 million. This number is expected to reach 4.677 million by 2027.​​​​
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In recent years, Panama has become known for its world-class medical care. Its modern and accessible healthcare system has developed a growing focus on medical tourism. The country's leading private hospital, Hospital Punta Pacifica, maintains a prestigious affiliation with Johns Hopkins Medicine International. This offers many expats the peace of mind that comes with knowledge of direct access to this high standard of medical care.
Unlocking Affordability ​
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Panama offers everything you are looking for and more—all on a budget!
From groceries and housing, to healthcare and entertainment, the cost of living in Panama is lower than you might expect. Whether you are ready for relaxing beaches, adventurous mountain hikes, or exciting city nightlife, or all of the above, experience all that the vibrant city has to offer at an affordable price.
Panama’s reputation as an affordable retirement haven is well deserved. Take one look at the gleaming skyscrapers that define Panama City’s skyline, and you’ll wonder whether your plane landed in Miami by mistake. And yet—despite the apparent glitz and glamor—this is still one of the world’s top-value destinations.