Welcome To


Local Time

04:25 PM

Local Temperature

27°C / 80°F

Destination Overview

Warm, Peaceful, Tropical

Foreigners are drawn to Panama for its modern infrastructure, warm, tropical climate, and low cost of living.

Quick Info

  • Currency: United States Dollar (locals call it a Balboa)
  • Electricity: 110 V, 60 Hz, plug types A and B
  • Languages: Spanish (official), English
  • Population: 3.5 million


Expats who want to settle in Panama will find the cost of living very low, especially compared to prices found in the United States and parts of Europe.

Typical Costs

Temporary Accommodation

Rentals can be found for $500/month or more.

Permanent Accommodation

Housing prices vary wildly depending on the area in Panama in which you decide to settle.  Houses can go anywhere from $95,000-$500,000 or more.

Fun Fact

Panama is the only place in the world where you'll see the sun rise in the Pacific Ocean and the sun set in the Atlantic Ocean.


Panama has many schools that are bilingual and offer world-class curricula.

Typical Costs

Average Cost

Prices vary depending on location, school type, and curriculum.

Are you an RMC, corporation, or individual looking to relocate to Panama?

Contact Us

Fast Facts

  • Police

    In Panama, the policia de turismo---or tourist police---are better prepared to deal with foreign travelers and will be more likely to speak English. You can spot them wearing white armbands, and often seen riding bicycles.

  • Panama Canal

    The Panama Canal generates over a third of the country's income.

  • Rainforest

    Panama City is the only city that has a rainforest within city limits.

  • Exports

    Sugar cane, coffee, bananas and cotton are some of Panama's major exports.

It's heartwarming to know that there are people around who will go above and beyond to provide the care and support right when you need it.

Tooraj - Standard relocation

We look forward to working with you.

Do you need relocation services or have questions about our services? We would love to hear from you! Feel free to contact us by completing the form, or through one of our other contact options, and we will get back to you as soon as possible.

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Contact Us


PO Box 438
Chicago, IL 60690


549 East Coast Rd, #03-19
Singapore 429074

  • +65 9169 9086

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