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Plenty places outside the States to move thats very affordable like you wouldnt believe im a career Commercial Truck Driver and Im knocking on 50 yrs old and im already looking at several places to go or even purchase before retirement im just loving what I see and looking forward to it. Peace&Blessings to everyone!
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@danguRobert The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
I visited Panama City. I was harassed immediately upon arrival by the migration. I was the only white person in the airport and got pulled out of line. My son was arrested because he didn't have $500 in his wallet. He was not allowed in the country. I was finally allowed into the country. I showed everything. My air&b had both our names. The airport security was absolutely the most terrible experience. This airport hates white people that are Americans. I will never return.
Thank you so much for eloquently highlighting my country. I live in the USA now and I'm contemplating moving back since I'm approaching retirement age. I miss the friendly atmosphere and hospitality, customs and of course food.
I want to rent a 1bed in Panama during the wet season each year for 6 months and keep my location in the US the rest of the calendar year. I am not wild about the big city. I need reliable internet and wifi. I am learning Spanish but spoke it as a child. I hope to land in a safe and welcoming community ❤.
Hi Jessica! This is Paula (we met at Fast Track a few months ago). I absolutely LOVE your video. And now I don't need to explain all of this to my friends and family...I'm just gonna share your link. Thank you for posting!!!
Thank you for this wonderful video! I was born in Panamà however grew up in NY. Went back to visit family in 2022 and I'm looking forward to returning for vacation towards the end of the year. Viva Panamà 🎉🇵🇦
WOW! I’m loving your take on Panama City and Coronado. I was also considering Mexico as a possible retirement destination but, your excellent review of the Country gives me pause now😳 I now want to see what you’ve experienced in Panama. I will definitely refer back to your blog as I move closer to retirement along with a few trips! Thank you!😊
Coronado is a slum. Take off your rose-colored glasses and look closely. Pay attention to the condition of the main road and all the dirt roads. They will destroy your vehicle's suspension. Ask about powere and water outages. Think hard about what there is to do in the area - the answer seemed to be "not much besides drink." Lot of old expats getting drunk before noon.
I am waiting for my birth certificate to get here in about 2weeks so that I can apply for a passport. First stop-Panama City!!! Thank you so much for sharing!!!
So happy for you, Jessica! I’ve been watching you for years and so enjoy seeing your love for Panama 🇵🇦 I’m in Las Olas now, heading back to David and then Boquete. I was in PTY last year and it was great. Loved the Biodiversity Museo, canal and history. And you’re so right… the people make the country! 💗
Hello Ms. Jessica, I just wanted to thank you for posting this video. It's so helpful to have things explained from the point of view of not just another American, but from another single adult. And from someone who works in the Travel & Hospitality industry and traveled extensively and has chosen to live in Panama out of all the places you could've picked from. My career was in Travel & Entertainment and when I was a younger man I worked performing on cruise ships for a number of years. I've also performed in international touring productions of Broadway showes, so I have also experienced extensive travel. Currently I am 65 and single. I have no children and both of my folks have passed away. So I am free to begin this season of my life living anywhere I choose, but I've been having a hard time deciding where I should choose. However, the more I'm learning about Panama with all that it offers, I'm beginning to feel excited about a place for the first time since starting my search. I want you to know it was your video that brought the excitement to me. In fact, you've done such a good job promoting moving to Panama, I'm left with several of the typical follow-up questions. But rather than burdening you for the answers to these questions, could you suggest one or two websites or content creators where I might get more of the details on how I take my first step toward moving to Panama permanently myself? I thank you, and please keep up the excellent work!
Hi Jessica! Great video, you really covered a lot and I know many will benefit from your insights . I can’t believe I haven’t run into you lately! As you know I’ve been living and enjoying Coronado for 16 years and still thoroughly enjoying hosting International guests in my casitas, and rental condos. Remember you interviewed me many years ago when you lived in the City? So much fun! . I’m delighted that you decided on Coronado to live, and I hope to see you soon! Cheers and hugs, Panama Sarah.
Hi Sarah do you have a one bedroom or studios for rent ? I am arriving on July 25th . About 10 days . Please let me know if there are availability, thanks .
Hello. I loved Jessica Ramesch's story and look forward to connecting with her and others when I visit in late September. I will be celebrating my birthday in Panama City and investing my future retirement home.
So beautiful. Thank you so much for sharing. I am going to be moving to Panama in 10 years (or sooner). I’m in my 40s currently, but in 10 years by then I will be in my 50s and my two daughters will be adults (in their early 20s).. I used to travel to Panama when I was a kid and I always loved it. I want to go back and live there this time. It’s so beautiful. Panama looks so much like Florida. My only fear of living in Panama is not speaking the language (even though people swear I’m Hispanic because of my complexion and my hair, but I am not Hispanic) LOL. I’m from Jamaica (but grew up in Florida) and I don’t speak Spanish. I will do the Friendly Nations option $200k property investment. I sew and I wonder if I can start a Sewing business in Panama?🤔 JM
The view from your condo-is almost as nice as your smile, both GREAT! starting to look at Panama looking for oceanfront to rent 1st then maybe check out the mountains, just because its cooler, living in Florida Now Ideal if I could find oceanfront and hopefully not too hot, being on the water with a breeze, looks like you can live like a king on pension and savings very easy down there enjoyed the video
Real estate prices In Coronado and other areas on the west coast are overpriced . Market conditions have dropped considerably. Get a proper independent property evaluation if you are buying. Most sellers have made up prices for their properties.
@@JesusEsDios007 yo hablo español y 4 idiomas más hermano. La jente aquí piensan que pueden vender propriedad con precios super altos con un mercado que es muy diferente.
Jessica, We first met you at our first IL Conference in Las Vegas when you were new to IL. It was because of you that we came to Panama City for our next IL conference. Alas, it was not time for us to retire. Now that we are retired and still in Seattle. You are like the the Sirens luring sailors is Homer's "The Odyssey". In this ancient Greek epic, Odysseus encounters the Sirens during his journey home from the Trojan War. The Sirens are mythical creatures whose enchanting music and voices are irresistible to sailors, causing them to steer their ships toward the Sirens' island. In this case, "island" is spelled, "Panama." Keep up the good reporting.
I just came across your video. Thank you for the information. It has crosses my mind to consider Panama as a retirement destination. I am many years away from retirement, but I believe it is would be wise to visit and see how I like it.
Coronado is a weekend condo get-a-way spot for rabiblancos from the city. No place to live year round. Everything there is very first class ..... there's just not a lot of "everything" to choose from. You better have a car and have no problem with insane weekend traffic. Boooooring place. RE agents oversell it. I'm a US expat living in Panama since 1998.
@@JesusEsDios007 An expat is a person who lives outside their native country, usually for a limited period of time, and may or may not intend to return to their home country. On the other hand, an immigrant is a person who moves to a new country with the intention of settling there permanently. I have homes in Panama, Israel and Chile. I'm native fluent in Spanish and English and functionally fluent in Mandarin and Hebrew. I've NEVER intended on settling permanently anywhere. I'm an expat. If I drive the prices up for locals its because locals try to charge charge me more and if I need what they're cheating me on I pay it. If I don't, I don't, Algo mas?
Enjoy your video, keep up the good work. I live in the city and have an apartment in San Francisco and really enjoy the view of Amador and the ocean but looking into another area maybe like your area. We have a mutual friend Bob Adams which we have coffee together sometimes. I am returning to Panama in September from Missouri and know very about stress reduction and friendly life style there. Yes Panama is the life style for me but may not be for all. Enjoy your comments.
Great video. I began my subscription to IL back in late 2010 when I was ready to leave the US and live abroad which I did. Been slow-traveling the world ever since then. I’ve been living in Cambodia for close to 2 years. Love it. It’s extremely cheap to live here. I really wish I could say the same thing about Panama City, Panama. From all reports it’s become quite expensive there, even more than the safest city in North America… Merida, Mexico! Too many Americans and Canadians moving there making it more expensive for everyone, expats and locals alike: Gentrification. Sad.
Thanks for sharing that you’re living in Cambodia! We're always looking for new stories and experiences to feature on the International Living website. If you'd like to share your journey and insights, we'd love to hear from you.
Great video! I’m 62 and thinking about my first trip to Panama in November/December maybe for 3 weeks. I’m price sensitive and prefer hotels in the $25 to $45 range and inexpensive watering holes. Any recommendations on where I should consider going?
I’m tired of the rat race in the US. I was originally looking to move to Mexico but because of the high crime I’m looking at other Latin American countries. Definitely looking at a place that has a lot of ex pats. Thank you! My “ family “ in NYC is mostly Dominican, but I have no plan on going to the Dominican Republic or moving there. The idea that someplace has coffee that’s as good as the coffee that’s in Italy. It’s wonderful..
Greetings from Nueva Gorgona. I live 5 years now in Panama. I am always stunt why Americans compare Panamanian property prices with the USA prices! Nobody is actually paying attention to local prices compared to Panamanian incomes? No worries. If people have too much money to just spending it without have to turn it twice - congratulations! But that’s why most skyscrapers in Panama are still after years empty. Houses build in 2012!! are sold as new homes. Compare this to North America and Europe and everyone would just had a ringing alarm bell going off in their heads. If in the USA properties are not sold after 12 years, skyscrapers mostly empty - nobody would buy anything. If someone is visiting Panama City, just walk out at nightfall and look at the skyscrapers. Barely you see lights on all apartments. I get it that some people have only a vacation apartment and live somewhere else. But mostly the apartments didn’t got sold in the first place. Same with new house developments, especially in the Coronado area. Couple lots have a house on them. Most lots are empty. For years! Don’t get me wrong. I love Panama. But local people wouldn’t spend or can’t spend that much for properties or rent in Panama!
@@KeepingItRealBro 1/5th of what price? No idea what you mean. To explain to anyone who is interested to buy a property in Panama. I lived 10 months in a beach community. Properties are sold between locals for around $30,000 (smaller lots) to $100,000 (for a newer big house). Than you have Americans. They come for 14 days, think they know everything. Take out their checkbook and pay $300,000 for a house or $100,000 for a lot. 3 months later, they just don’t like Panama anymore for what reason nobody knows. Now they like to sell the lot for $120,000 or the house for $350,000. You know. Americans know it all. And they like to make money. But this is Panama! The real estate market is in no comparison to North America or Europe where you sell a property in at least two weeks to 3 months. And don’t even think to “flip “ a house. In the beach community, there are 40-50% of houses empty, on the market for MANY YEARS! You are looking for a new house on the beach? El Rompio Los Santos Province. Very nice and big houses. You can even buy barely used houses including furniture. Price was around $140,000. I did take a look. A really humongous metal chain on the gate. The houses falling apart! Finished in 2014 and still “new houses” for sale. So. In 5 years, I only know people who lost money to finally get rid of their properties. Because they just paid Gringo prices! - Again. I was in the market and drove around. Checking places & prices. If you use common sense, you can only say NO GRACIAS. Apartment or Condo in a gated community where you have to pay a couple hundred dollars for maintenance? What maintenance? When the paint is already falling off the walls & balconies? The metal starts rusting? NO GRACIAS. A lot on the beach for $300,000 and more? Right. Where the ocean is eating up your property? And if not, the ocean brings you plastic garbage over night. If you talk about Panama. Please talk about the real Panama. And if nothing of the mentioned “small issues “ to own a beach property doesn’t matter to you, then maybe the Airbnb right beside your property or close by. Loud music and parties until 5 in the morning. Don’t matter if you live in Panama City or the beach area. Panamanians don’t care about you or neighbors. They just party from Friday to Sunday and leave. - Did I got myself a property in Panama? Absolutely! A small lot. Paid the same as my Panamanian future neighbors in the area. Not one cent more. - Do I care if Americans throw around with money and buy to ridiculous prices? A little. Do I care that they need years to get rid of it? Not really. Do I care about that they lose a lot of money when they sell. Absolutely not. - Just use common sense!
@@holgermessner851Well I don't know if you are aware of that but foreigners need to spend at least $200 000 on a property to get a residence permit in Panama so they won't buy for less usually. Or they need to invest in a 3 year CD with a Panamanian bank for the same amount. But after reading your post, maybe the second option is better than buying real estate and seeing it depreciate over time.
@@Carolinapetroska I’m 5 years in Panama. The people who didn’t apply for pensionado visa did normally came with the friendly nation visa with $5,000 down only! That’s before the visa changes were made. I’m talking about properties that are for years - years - on the market because they are overpriced! Expats who paid too much can only sell if they find another Expat who doesn’t cares about money. This is the sad reality. And yes. Less and less people moving to Panama in regards of the new visa laws. So if someone needs to get rid of a property, that’s even more likely to take longer. I just talked a couple weeks ago with 2 US couples in a restaurant. They are only 4 months in Panama. The “location, location is all” came up again. Typical US believes! So I just said: Well. If this is true. Why are 60-80% of apartments being not sold in Panama? Directly on the beaches surrounded by restaurants and shops. I didn’t got a response. So I just said it: Poor quality and totally overpriced! - Come to the Coronado area. Look where the expensive properties are and explain interested buyers why the roads have potholes you could lose a motor scooter in it. Same going to El Valle de Anton. Both nice areas. But you need to put money on side to replace every 4-6 months suspension parts on your vehicle. And yes. Real estate agents tell interested buyers that the roads will be fixed… They say that for 5 years now!
Hello, sorry to bother you may I ask your advice. We want to be 1.6 km to a dog friendly Carribbean beach. We would like a small house with a garden for our dogs, can you please suggest anywhere. 🙏
Great video and so informative. I've been considering retiring in Panama but have an ongoing health issue. My concern is health care/insurance will be cost prohibitive. Any suggestions? A $500/mo policy would negate the cost advantage of living in Panama.
Only $1,000 p/mo pension income but one certainly can’t live on that. Whereas Mexico now requires anywhere from $6,000 to $7,500 US Pension income for full time residency, depending on what State you live in and apply from, and a person can live on $1,000 US p/mo there.
Panama city, is cheaper then the usa, but not as cheap as people believe. Only maybe 25% less compared to colombia or ecuador that is 60% cheaper. But i fo enjoy Panama
What are your monthly expenses for the condo HOA fees etc? What were other cost associated with buying your condo? I'm surprised to hear you say you feel safe in Panama, I heard otherwise.
I am a single woman over 70. I moved to Panama in September 2023. I moved to the beach first but moved recently to Panama City. It is very safe. As in any other place, don't leave your common sense at home. I love the City where there is more to do.
Supposedly the government of Panama is very stingy when it comes to giving out citizenship; but for those who have no interest in getting a 2nd citizenship, Panama is probably a great place.
I live in Panama. Yes, protests are a part of life here. This past year road blocks for over 4 weeks from protests about the mine, salaries, cost of living expenses.
Do they have Uber and Lyft in Coronado or Panama City? Can you recommend a nice hotel or something decent doesn’t have to be fancy for solo travelers that are women. I love your energy one day. I would like to meet in person. I don’t know if you do tour guides I can’t believe the flights from New York City are very inexpensive into Panama City, also I’m wondering if there are any spiritual or holistic groups of people so I can do some healthy activities when I’m there. Thx, M❤
Me too man, after serving in the military. Panama has a lot of good hospitals that is the reason I'm considering moving there. Health care is dirt cheap.
I am a single retiree currently in search of housing in Panama. What I need is accessibility without the need for a vehicle; opportunities for some socializing with locals and expats; good indoor plumbing/bathroom/kitchen. I'm open to any type of dwelling, house, apt, duplex. Are there any opportunities still available for someone with a total budget of $2000 monthly?
Hi there, I just found your video and really enjoyed listening to you. I subscribed to your channel as well. How can I get in touch with you? I live in Canada (Vancouver) I'm thinking about retiring in Panama since it is more affordable but I would like to know more about job opportunities there because my youngest son, who is 27 and a painter, would also like to live there. What is your thought on teaching English to earn extra revenue for my son?. Thank you so much and I hope to hear back soon!
Hi Jessica thanks for great video What’s the name of your building? And how many bedrooms are in your apartment? Is there any one bedroom rental available? I’ve booked a ticket for 24th of July! Your input will be greatly appreciated
Congratulations! It's a great property but beachfront, it is not. I'd estimate the beach is a mile away which is okay as less sea salt, traffic and noise
Hay un serio Problema en Panamä que muchos nacionales no se percatan, tienen que entender que como ciudadano de este lugar, que llaman Panamá está a la venta, vienen personas de todas partes y simplemente dicen compro tal playa, compro tal terreno y usted como ciudadano no tiene derecho a nada, lo hechan cual si fueran un don nadie, La tierra nacional pertenece a todos los que nacen aquí y esta gente de lejanas tierras, llegan y compran el país entero, y usted se convierte en Forahido no tiene ningún derecho a nada, La Tierra panameña es Patrimonio de todos los panameños, no son del gobierno y no tienen derecho a vender lo que no es suyo.... son patimonio del Estado Panameño. LA TIERRA NACIONAL Y EL PAIS NO SE VENDEN A FORAHIDOS. Pronto dejara de existir el dinero, el tiempo lo mostrara y volveremos a las épocas del TRUEQUE YA LO VERÁN LA HUMANIDAD VA EN DECLIVE LLENO DE MALDAD...PRONTO VENDRA EL REY DE REYES Y MUCHOS LAMENTARÄN PERO SERA DEMASIADO TARDE.
🌎 We're giving away two tickets to our Ultimate Go Overseas Bootcamp, round-trip flights, and a stay at a top Vegas resort. This is your chance to get the insider knowledge you need! ✈
Enter here ➡ intliving.com/bootcampcompyt 🎟
Plenty places outside the States to move thats very affordable like you wouldnt believe im a career Commercial Truck Driver and Im knocking on 50 yrs old and im already looking at several places to go or even purchase before retirement im just loving what I see and looking forward to it. Peace&Blessings to everyone!
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@danguRobert That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@temmyolarewaju9371 My advisor is VICTORIA CARMEN SANTAELLA;
You can look her up online
@@danguRobert The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
Thank you, I am Panamanian and live in North Carolina and can’t wait to move back to my beautiful tierra.
I visited Panama City. I was harassed immediately upon arrival by the migration. I was the only white person in the airport and got pulled out of line. My son was arrested because he didn't have $500 in his wallet. He was not allowed in the country. I was finally allowed into the country. I showed everything. My air&b had both our names. The airport security was absolutely the most terrible experience. This airport hates white people that are Americans. I will never return.
Hey where in NC ? I'm in Columbia SC
@@trdriver430 I live in Greenville but moving back to Charlotte soon. I used to live in Columbia and I loved it there. Used to work at the NE library.
@@Ddm7879 I always hear Greenville is awesome good to hear you liked Columbia. Charlotte has lots of jobs.
Yes, please move back
Thank you so much for eloquently highlighting my country. I live in the USA now and I'm contemplating moving back since I'm approaching retirement age. I miss the friendly atmosphere and hospitality, customs and of course food.
Yo también! Everything you said!
I want to rent a 1bed in Panama during the wet season each year for 6 months and keep my location in the US the rest of the calendar year. I am not wild about the big city. I need reliable internet and wifi. I am learning Spanish but spoke it as a child. I hope to land in a safe and welcoming community ❤.
I was just in Panama City 2 weeks ago and really enjoyed it thinking about moving there now! Excellent vid!!!
Where do you recommend going for a first time trip? I’ll probably stay 3 weeks and am price sensitive.
I visited Panama last December and would consider retiring there at some point to escape the cold Chicago winters.
I can't wait to visit. August 14-24, 2024!
How was it?
9.4.24
Hi Jessica! This is Paula (we met at Fast Track a few months ago). I absolutely LOVE your video. And now I don't need to explain all of this to my friends and family...I'm just gonna share your link. Thank you for posting!!!
Panamá is so beautiful
Thanks 😊 there is much to do in panama 🇵🇦. My home country 👍
Thank you for this wonderful video! I was born in Panamà however grew up in NY. Went back to visit family in 2022 and I'm looking forward to returning for vacation towards the end of the year. Viva Panamà 🎉🇵🇦
Thank you for sharing a very personal and honest tour of Panama.
WOW! I’m loving your take on Panama City and Coronado. I was also considering Mexico as a possible retirement destination but, your excellent review of the Country gives me pause now😳 I now want to see what you’ve experienced in Panama. I will definitely refer back to your blog as I move closer to retirement along with a few trips! Thank you!😊
I’m with Anthony on this one 🤙🏼 Been scoping MX too but always looking for something better
Coronado is a slum. Take off your rose-colored glasses and look closely. Pay attention to the condition of the main road and all the dirt roads. They will destroy your vehicle's suspension. Ask about powere and water outages. Think hard about what there is to do in the area - the answer seemed to be "not much besides drink." Lot of old expats getting drunk before noon.
Check out PLAYA BLANCA, not far from Coronado. It has several beautiful resorts with apartment buildings and houses inside these very secure Resorts.
Learn Spanish, call yourself an immigrant not an expat, and don't make things expensive for locals.
@@JesusEsDios007 We say that in the US and get called racist haha
I am waiting for my birth certificate to get here in about 2weeks so that I can apply for a passport. First stop-Panama City!!! Thank you so much for sharing!!!
Thanks for your generous comments. Not a country without trouble but safer than others around.
So happy for you, Jessica! I’ve been watching you for years and so enjoy seeing your love for Panama 🇵🇦 I’m in Las Olas now, heading back to David and then Boquete. I was in PTY last year and it was great. Loved the Biodiversity Museo, canal and history. And you’re so right… the people make the country! 💗
Hello Ms. Jessica,
I just wanted to thank you for posting this video. It's so helpful to have things explained from the point of view of not just another American, but from another single adult. And from someone who works in the Travel & Hospitality industry and traveled extensively and has chosen to live in Panama out of all the places you could've picked from. My career was in Travel & Entertainment and when I was a younger man I worked performing on cruise ships for a number of years. I've also performed in international touring productions of Broadway showes, so I have also experienced extensive travel. Currently I am 65 and single. I have no children and both of my folks have passed away. So I am free to begin this season of my life living anywhere I choose, but I've been having a hard time deciding where I should choose. However, the more I'm learning about Panama with all that it offers, I'm beginning to feel excited about a place for the first time since starting my search. I want you to know it was your video that brought the excitement to me. In fact, you've done such a good job promoting moving to Panama, I'm left with several of the typical follow-up questions. But rather than burdening you for the answers to these questions, could you suggest one or two websites or content creators where I might get more of the details on how I take my first step toward moving to Panama permanently myself?
I thank you, and please keep up the excellent work!
Great video! Thank you. Now I know where I will spend the first 3 months of my retirement.
Hi Jessica! Great video, you really covered a lot and I know many will benefit from your insights . I can’t believe I haven’t run into you lately! As you know I’ve been living and enjoying Coronado for 16 years and still thoroughly enjoying hosting International guests in my casitas, and rental condos. Remember you interviewed me many years ago when you lived in the City? So much fun! . I’m delighted that you decided on Coronado to live, and I hope to see you soon! Cheers and hugs, Panama Sarah.
Hi Sarah do you have a one bedroom or studios for rent ? I am arriving on July 25th . About 10 days . Please let me know if there are availability, thanks .
That’s really brave to move somewhere where you know no one. I’d love to do that
, you're great at talking and dreaming though.
Great video! I’ve been in Panama almost 5 years! So much to explore and the people are wonderful.
Learn Spanish, call yourself an immigrant not an expat, and don't make things expensive for locals.
Hello. I loved Jessica Ramesch's story and look forward to connecting with her and others when I visit in late September. I will be celebrating my birthday in Panama City and investing my future retirement home.
This video offers fantastic tips for expats moving to Costa Rica. Greetings from a Tico!"
You did an excellent job presenting this video. One of the best i've seen.
I was born in that beautiful country!! 🇵🇦🇵🇦
Me too !
So beautiful. Thank you so much for sharing. I am going to be moving to Panama in 10 years (or sooner). I’m in my 40s currently, but in 10 years by then I will be in my 50s and my two daughters will be adults (in their early 20s)..
I used to travel to Panama when I was a kid and I always loved it. I want to go back and live there this time. It’s so beautiful. Panama looks so much like Florida. My only fear of living in Panama is not speaking the language (even though people swear I’m Hispanic because of my complexion and my hair, but I am not Hispanic) LOL. I’m from Jamaica (but grew up in Florida) and I don’t speak Spanish.
I will do the Friendly Nations option $200k property investment. I sew and I wonder if I can start a Sewing business in Panama?🤔
JM
Many Jamaicans live in Panama now, my grandparents are from Jamaica, I want to move to Panama
Hellooo,,, wauuuuuw what a positivity, smile and info about Panama, thanks Jess 🙏
I was out there 10 yrs ago...
I noticed the traffic police had bullet proof vests on...
Need to see the negatives as well... ❤
There is extremely low gum crime in Panama. I feel less safe in the US.
The view from your condo-is almost as nice as your smile, both GREAT! starting to look at Panama looking for oceanfront to rent 1st then maybe check out the mountains, just because its cooler, living in Florida Now Ideal if I could find oceanfront and hopefully not too hot, being on the water with a breeze, looks like you can live like a king on pension and savings very easy down there enjoyed the video
Real estate prices In Coronado and other areas on the west coast are overpriced . Market conditions have dropped considerably. Get a proper independent property evaluation if you are buying. Most sellers have made up prices for their properties.
Learn Spanish, call yourself an immigrant not an expat, and don't make things expensive for locals.
@@JesusEsDios007 yo hablo español y 4 idiomas más hermano. La jente aquí piensan que pueden vender propriedad con precios super altos con un mercado que es muy diferente.
Thank you Jess. I learnt a lot. Love your approach to life. Nice and easy.
Jessica, We first met you at our first IL Conference in Las Vegas when you were new to IL. It was because of you that we came to Panama City for our next IL conference. Alas, it was not time for us to retire. Now that we are retired and still in Seattle. You are like the the Sirens luring sailors is Homer's "The Odyssey". In this ancient Greek epic, Odysseus encounters the Sirens during his journey home from the Trojan War. The Sirens are mythical creatures whose enchanting music and voices are irresistible to sailors, causing them to steer their ships toward the Sirens' island. In this case, "island" is spelled, "Panama." Keep up the good reporting.
My family is from Panama but never been. Would be awesome to check it out.
Another Great Informative Video. Thanks Jessica
😊🏝️
I just came across your video. Thank you for the information. It has crosses my mind to consider Panama as a retirement destination. I am many years away from retirement, but I believe it is would be wise to visit and see how I like it.
Coronado is a weekend condo get-a-way spot for rabiblancos from the city. No place to live year round. Everything there is very first class ..... there's just not a lot of "everything" to choose from. You better have a car and have no problem with insane weekend traffic. Boooooring place. RE agents oversell it. I'm a US expat living in Panama since 1998.
Learn Spanish, call yourself an immigrant not an expat, and don't make things expensive for locals.
@@JesusEsDios007 An expat is a person who lives outside their native country, usually for a limited period of time, and may or may not intend to return to their home country. On the other hand, an immigrant is a person who moves to a new country with the intention of settling there permanently. I have homes in Panama, Israel and Chile. I'm native fluent in Spanish and English and functionally fluent in Mandarin and Hebrew. I've NEVER intended on settling permanently anywhere. I'm an expat. If I drive the prices up for locals its because locals try to charge charge me more and if I need what they're cheating me on I pay it. If I don't, I don't, Algo mas?
@@jamesfry4058well said
Enjoy your video, keep up the good work. I live in the city and have an apartment in San Francisco and really enjoy the view of Amador and the ocean but looking into another area maybe like your area. We have a mutual friend Bob Adams which we have coffee together sometimes. I am returning to Panama in September from Missouri and know very about stress reduction and friendly life style there. Yes Panama is the life style for me but may not be for all. Enjoy your comments.
Spectacular scenery and awesome info, Jess! The Coronado city council should be paying you a sweet commission for each new expat arrival =)
Coronado is a neighborhood not a city. Learn Spanish, call yourself an immigrant not an expat, and don't make things expensive for locals.
Great video. I began my subscription to IL back in late 2010 when I was ready to leave the US and live abroad which I did. Been slow-traveling the world ever since then. I’ve been living in Cambodia for close to 2 years. Love it. It’s extremely cheap to live here. I really wish I could say the same thing about Panama City, Panama. From all reports it’s become quite expensive there, even more than the safest city in North America… Merida, Mexico! Too many Americans and Canadians moving there making it more expensive for everyone, expats and locals alike: Gentrification. Sad.
Thanks for sharing that you’re living in Cambodia! We're always looking for new stories and experiences to feature on the International Living website. If you'd like to share your journey and insights, we'd love to hear from you.
Very informative and such a great skill in presenting. Thanks for sharing.
Very nice. Love Panama 🇵🇦
Great video! I’m 62 and thinking about my first trip to Panama in November/December maybe for 3 weeks. I’m price sensitive and prefer hotels in the $25 to $45 range and inexpensive watering holes. Any recommendations on where I should consider going?
How long ago did you get that apt?
Great information, thank you.
Absolutely wonderful video! Love it
I’m tired of the rat race in the US. I was originally looking to move to Mexico but because of the high crime I’m looking at other Latin American countries. Definitely looking at a place that has a lot of ex pats. Thank you! My “ family “ in NYC is mostly Dominican, but I have no plan on going to the Dominican Republic or moving there. The idea that someplace has coffee that’s as good as the coffee that’s in Italy. It’s wonderful..
Rome. You're welcome
You had me at coffee❤
Very informative video.
Thank you for this wonderful video. ❤😊
Was hoping it wasn’t too humid . Just checked wrong ! Darn.
Greetings from Nueva Gorgona. I live 5 years now in Panama. I am always stunt why Americans compare Panamanian property prices with the USA prices! Nobody is actually paying attention to local prices compared to Panamanian incomes? No worries. If people have too much money to just spending it without have to turn it twice - congratulations! But that’s why most skyscrapers in Panama are still after years empty. Houses build in 2012!! are sold as new homes. Compare this to North America and Europe and everyone would just had a ringing alarm bell going off in their heads. If in the USA properties are not sold after 12 years, skyscrapers mostly empty - nobody would buy anything. If someone is visiting Panama City, just walk out at nightfall and look at the skyscrapers. Barely you see lights on all apartments. I get it that some people have only a vacation apartment and live somewhere else. But mostly the apartments didn’t got sold in the first place. Same with new house developments, especially in the Coronado area. Couple lots have a house on them. Most lots are empty. For years! Don’t get me wrong. I love Panama. But local people wouldn’t spend or can’t spend that much for properties or rent in Panama!
You give excellent reasons to rent and not buy!
That's why they're 1/5th of the price, Sherlock
@@KeepingItRealBro 1/5th of what price? No idea what you mean. To explain to anyone who is interested to buy a property in Panama. I lived 10 months in a beach community. Properties are sold between locals for around $30,000 (smaller lots) to $100,000 (for a newer big house). Than you have Americans. They come for 14 days, think they know everything. Take out their checkbook and pay $300,000 for a house or $100,000 for a lot. 3 months later, they just don’t like Panama anymore for what reason nobody knows. Now they like to sell the lot for $120,000 or the house for $350,000. You know. Americans know it all. And they like to make money. But this is Panama! The real estate market is in no comparison to North America or Europe where you sell a property in at least two weeks to 3 months. And don’t even think to “flip “ a house. In the beach community, there are 40-50% of houses empty, on the market for MANY YEARS! You are looking for a new house on the beach? El Rompio Los Santos Province. Very nice and big houses. You can even buy barely used houses including furniture. Price was around $140,000. I did take a look. A really humongous metal chain on the gate. The houses falling apart! Finished in 2014 and still “new houses” for sale. So. In 5 years, I only know people who lost money to finally get rid of their properties. Because they just paid Gringo prices! - Again. I was in the market and drove around. Checking places & prices. If you use common sense, you can only say NO GRACIAS. Apartment or Condo in a gated community where you have to pay a couple hundred dollars for maintenance? What maintenance? When the paint is already falling off the walls & balconies? The metal starts rusting? NO GRACIAS. A lot on the beach for $300,000 and more? Right. Where the ocean is eating up your property? And if not, the ocean brings you plastic garbage over night. If you talk about Panama. Please talk about the real Panama. And if nothing of the mentioned “small issues “ to own a beach property doesn’t matter to you, then maybe the Airbnb right beside your property or close by. Loud music and parties until 5 in the morning. Don’t matter if you live in Panama City or the beach area. Panamanians don’t care about you or neighbors. They just party from Friday to Sunday and leave. - Did I got myself a property in Panama? Absolutely! A small lot. Paid the same as my Panamanian future neighbors in the area. Not one cent more. - Do I care if Americans throw around with money and buy to ridiculous prices? A little. Do I care that they need years to get rid of it? Not really. Do I care about that they lose a lot of money when they sell. Absolutely not. - Just use common sense!
@@holgermessner851Well I don't know if you are aware of that but foreigners need to spend at least $200 000 on a property to get a residence permit in Panama so they won't buy for less usually. Or they need to invest in a 3 year CD with a Panamanian bank for the same amount. But after reading your post, maybe the second option is better than buying real estate and seeing it depreciate over time.
@@Carolinapetroska I’m 5 years in Panama. The people who didn’t apply for pensionado visa did normally came with the friendly nation visa with $5,000 down only! That’s before the visa changes were made. I’m talking about properties that are for years - years - on the market because they are overpriced! Expats who paid too much can only sell if they find another Expat who doesn’t cares about money. This is the sad reality. And yes. Less and less people moving to Panama in regards of the new visa laws. So if someone needs to get rid of a property, that’s even more likely to take longer. I just talked a couple weeks ago with 2 US couples in a restaurant. They are only 4 months in Panama. The “location, location is all” came up again. Typical US believes! So I just said: Well. If this is true. Why are 60-80% of apartments being not sold in Panama? Directly on the beaches surrounded by restaurants and shops. I didn’t got a response. So I just said it: Poor quality and totally overpriced! - Come to the Coronado area. Look where the expensive properties are and explain interested buyers why the roads have potholes you could lose a motor scooter in it. Same going to El Valle de Anton. Both nice areas. But you need to put money on side to replace every 4-6 months suspension parts on your vehicle. And yes. Real estate agents tell interested buyers that the roads will be fixed… They say that for 5 years now!
Hello, sorry to bother you may I ask your advice. We want to be 1.6 km to a dog friendly Carribbean beach. We would like a small house with a garden for our dogs, can you please suggest anywhere. 🙏
did she say "mild tropical weather"? more like humid, suffocating weather.
That would depend on exactly where you were situated I suspect.
How would you compare Panama city or coronado vs roatan? We are looking at both to move to.
Would love to meet you when I come to Panama looking at August or September
Great video and so informative. I've been considering retiring in Panama but have an ongoing health issue. My concern is health care/insurance will be cost prohibitive. Any suggestions? A $500/mo policy would negate the cost advantage of living in Panama.
Why she doesn’t respond to ANY comments?
When my family and I visit. Maybe you can show us around.
Only $1,000 p/mo pension income but one certainly can’t live on that. Whereas Mexico now requires anywhere from $6,000 to $7,500 US Pension income for full time residency, depending on what State you live in and apply from, and a person can live on $1,000 US p/mo there.
Welcome and enjoy paradise 🌴😊❤️🇵🇦❤️
Great video thx for sharing
Is it worth it to take a car to Panama? Will I only pay 7% tax and other fees? What about the petrol prices?
Panama city, is cheaper then the usa, but not as cheap as people believe. Only maybe 25% less compared to colombia or ecuador that is 60% cheaper. But i fo enjoy Panama
So the Pensionado Visa requirements of $1000 monthly income includes having a Social Security payment of at least 1k per month?
An apartment bought? How much a month you pay for living space? Because that’s the key and there’s no limit to the increases a year.
Fabulous. Good for you …😊women power 💪🏻
Your happiness is just emanating from you! I call it the Panama effect! LOL
70 hrs a week??!!
Welcome to Panama.
What are the building service charges?
Thanks❤
What are your monthly expenses for the condo HOA fees etc? What were other cost associated with buying your condo?
I'm surprised to hear you say you feel safe in Panama, I heard otherwise.
I am a single woman over 70. I moved to Panama in September 2023. I moved to the beach first but moved recently to Panama City. It is very safe. As in any other place, don't leave your common sense at home. I love the City where there is more to do.
Congratulations 🎊
Supposedly the government of Panama is very stingy when it comes to giving out citizenship; but for those who have no interest in getting a 2nd citizenship, Panama is probably a great place.
I like latin America but seems southeast Asia can't be beat for prices
Awesome if you can tolerate 9 months of rain in a given year.
Do you find there are a lot of single expats? Sometimes I wonder; as a single person, about moving as a solo.
What’s a typical cost of breakfast or dinner out, at a touristy and a non touristy restaurant?
Five dollar
What do you do for health insurance?
How much are your HOA fees please?
This was very interesting and informative Is that rent or purchase?
What type of visa are you on to allow such a long stay?
Do you own a car, or do you use public transportation? Nice vid BTW
I was going to move to Panama, until I started hearing about all the civil unrest going on. Is this still going on? Does it happen often?
I live in Panama. Yes, protests are a part of life here. This past year road blocks for over 4 weeks from protests about the mine, salaries, cost of living expenses.
They were peaceful protests.
Great video. What is your condo? Looks lovely!
Why does everyone compare to California your wages will never be California wages
Do they have Uber and Lyft in Coronado or Panama City? Can you recommend a nice hotel or something decent doesn’t have to be fancy for solo travelers that are women. I love your energy one day. I would like to meet in person. I don’t know if you do tour guides I can’t believe the flights from New York City are very inexpensive into Panama City, also I’m wondering if there are any spiritual or holistic groups of people so I can do some healthy activities when I’m there. Thx, M❤
😍 unfortunately I need excellent health care especially for my back so I am leery of moving from the 🇺🇸
Me too... doesn't that SUCK !!!
Me too man, after serving in the military. Panama has a lot of good hospitals that is the reason I'm considering moving there. Health care is dirt cheap.
@@papi7672- they even have care established for US veterans.
Very interested. Is it expensive to have your car shipped there? Is it possible to live on $3000/m?
I am a single retiree currently in search of housing in Panama. What I need is accessibility without the need for a vehicle; opportunities for some socializing with locals and expats; good indoor plumbing/bathroom/kitchen. I'm open to any type of dwelling, house, apt, duplex. Are there any opportunities still available for someone with a total budget of $2000 monthly?
Hi there, I just found your video and really enjoyed listening to you. I subscribed to your channel as well. How can I get in touch with you? I live in Canada (Vancouver) I'm thinking about retiring in Panama since it is more affordable but I would like to know more about job opportunities there because my youngest son, who is 27 and a painter, would also like to live there. What is your thought on teaching English to earn extra revenue for my son?. Thank you so much and I hope to hear back soon!
Hi Jessica thanks for great video
What’s the name of your building? And how many bedrooms are in your apartment? Is there any one bedroom rental available? I’ve booked a ticket for 24th of July!
Your input will be greatly appreciated
Creep
@@KeepingItRealBro
The beauty you see in me is reflection of yourself!
Best is leaving on the beaches
Hi🌈 I'm thinking of relocating to Coronado, also as a single 😊 do you have anyone you know I can contact there about paperwork etc??
No, you can not drink the water from the top. Have your water tested.
Congratulations! It's a great property but beachfront, it is not.
I'd estimate the beach is a mile away which is okay as less sea salt, traffic and noise
Hay un serio Problema en Panamä que muchos nacionales no se percatan, tienen que entender que como ciudadano de este lugar, que llaman Panamá está a la venta, vienen personas de todas partes y simplemente dicen compro tal playa, compro tal terreno y usted como ciudadano no tiene derecho a nada, lo hechan cual si fueran un don nadie, La tierra nacional pertenece a todos los que nacen aquí y esta gente de lejanas tierras, llegan y compran el país entero, y usted se convierte en Forahido no tiene ningún derecho a nada, La Tierra panameña es Patrimonio de todos los panameños, no son del gobierno y no tienen derecho a vender lo que no es suyo.... son patimonio del Estado Panameño. LA TIERRA NACIONAL Y EL PAIS NO SE VENDEN A FORAHIDOS. Pronto dejara de existir el dinero, el tiempo lo mostrara y volveremos a las épocas del TRUEQUE YA LO VERÁN LA HUMANIDAD VA EN DECLIVE LLENO DE MALDAD...PRONTO VENDRA EL REY DE REYES Y MUCHOS LAMENTARÄN PERO SERA DEMASIADO TARDE.
9:20 For those who say Panamanians don't wear shorts.
3:40 imagine you leave everything behind and move there thinking there is a paradise and slowly the paradise starts raising prices and taxes 😂😂😂