If you’re planning on relocating to Panama, here are some important things you should know beforehand:
- Climate: Panama has a tropical climate, which means it can be quite hot and humid throughout the year. Be prepared for rainy seasons, which can last from May to December.
- Language: While Spanish is the official language of Panama, many people in the cities also speak English. However, it’s still important to learn at least some basic Spanish to make your transition easier. Also, there are bilingual assistans and certified translators available in Panama.
- Cost of living: While Panama is generally more affordable than many Western countries, some items such as imported goods, could be expensive. Be prepared to budget accordingly.
- Healthcare: Panama has a good healthcare system, but it’s important to ensure that you have adequate health insurance before moving. You may also need to get certain vaccinations before you arrive.
- Safety: Panama is generally a safe country, but like any other place, it’s important to exercise caution and be aware of your surroundings.
- Banking: Panama is known for its banking industry, but it’s important to research the different banks and their policies before opening an account. Additionally, be prepared to provide documentation for tax purposes.
- Transportation: While public transportation is available in many areas, it can be limited in some parts of the country. Consider getting a car or a motorbike to make getting around easier. Also, you can take a yellow taxi cab or request a ride through a transportation app.
- Culture: Panama has a rich cultural history, and it’s important to familiarize yourself with the local customs and traditions. This will help you integrate into the community and make friends more easily.
By knowing these important aspects of living in Panama, you can better prepare for your move and make a smooth transition to your new life.
If you need to hire an attorney to file your application for permanent residency in Panama, please contact us.