Page: Panama - FAQs
Panama City, Panama, has evolved over the past 25 years into a global business hub, a boom town attracting investors, entrepreneurs, executives, and opportunity seekers from around the world.
Panama’s capital is a competitive financial services center and a banking haven.
The best time to travel to Panama is in the dry season, from late December to April.
Also, from May to the end of the year, you can expect almost daily rain and increased humidity.
During the dry season, Panama experiences wind and partial clouds, which help ease the warmer temperatures.
In Panama, mortgages for real estate are accessible to both residents and foreigners. These loans are based on the applicant’s repayment capacity rather than their credit history, which is typical in North America. purchases.
Overall, food in Panama is more affordable than in US or Canada. A single person living at the beach, cand spend a little over US$96 at the grocery store.
To save on your monthly groceries, choose mostly local products and be selective when it comes to buy imported items.
Panama’s Coronado is a coastal town situated on the Pacific Ocean. Just an hour’s drive from Panama City, it attracts both expatriates and locals. And, the expat community in Coronado is vibrant and expanding, with English widely spoken throughout the area.