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Why I Relocated to Panama

• on: Panama

I grew up in England. In 1999, I moved to the United States. In 2013, I moved to Panama.

Panama was, mostly, a leap of faith based on what I read online:

  • Lower cost of living (e.g. taxes, health and car insurance)
  • Beautiful beachfront condos at two-thirds of the price of Sarasota

I’ve been here eight months. I live in a beautiful beachfront condo. I’ve purchased a car. Every morning, I run on the beach and swim in the ocean. I’m a couple of weeks away from having my "Friendly Nations" Visa. And most importantly, I’ve opened the door to new friendships and experiences that have enriched my life immensely.

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Cost of Living Comparison

  • Beachfront Condo in Sarasota $2500 per month vs. Panama $1500 per month
  • Car insurance in Sarasota $1500 per year vs. Panama $355 per year
  • Health insurance in Sarasota $2500 per year vs. Panama $1000 per year
  • Groceries in Sarasota $150 per week vs. Panama $120 per week
  • Annual Cost of Living in Sarasota $41,200 vs. Panama $25,115

Before moving to Panama, I thought Kia and Hyundai were second-rate cars. In the United States, I drove a Lexus LS430; before that a Jaguar XJ8. I now own a Kia Sportage, which I paid for cash, as opposed to leasing.

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My Kia is my favorite car yet… and not just because I have no monthly payment.

Will Franco

Will Franco

Panama

Will's an instant catalyst for positive change. Once you get to know him, you’ll completely understand why.

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