Busting the Myths: Common Lies and Misconceptions About Panama

Common Lies and Misconceptions About Panama – Debunked by Experts

Panama is an incredible country that offers golden opportunities for investors, retirees, digital nomads, and families looking for a fresh start. Yet, despite its increasing popularity, there are still many misconceptions that cause hesitation or confusion among potential newcomers.

At Ama Panama Realty, we’re committed to offering honest, transparent guidance. So let’s clear the air and debunk some of the most common myths about Panama.

❌ Myth #1: "You need to be a permanent resident to buy property in Panama."

✅ Truth: You can buy property in Panama without being a resident.Foreigners enjoy the same property rights as locals, and many of our clients make successful investments while still living abroad. Our licensed team supports you every step of the way, with the help of expert lawyers and real estate professionals.

❌ Myth #2: "Panama is not safe for foreigners."

✅ Truth: Panama is one of the safest countries in both South and Central America. While no place is crime-free, most expats report feeling very safe—especially in areas like Pedasí, Cañas, Venao, and Punta Pacífica or Casco Viejo. Small towns in the Azuero Peninsula are known for their tranquil and friendly communities.

❌ Myth #3: "Panama is just another tropical tourist trap."

✅ Truth: Panama is a highly developed country with solid infrastructure.Panama City is a thriving hub of commerce and modern living, and rural areas offer peaceful lifestyles with access to essentials like healthcare, internet (hello Starlink!), and high-quality services.

❌ Myth #4: "The weather is unbearable."

✅ Truth: Panama has microclimates—and the Azuero Peninsula has one of the driest, sunniest, and most pleasant climates in the country. Don’t confuse Panama’s rainforests with the breezy coastal life of Pedasí or Cañas, where many find the weather to be just right for a comfortable outdoor lifestyle. Of course Panama is and will stay a very humid country. If you don't do well with humidity or you cannot get used to it, then another climate might be better for you.

❌ Myth #5: "The legal and financial systems are too risky."

✅ Truth: Panama has strong banking laws and has made major strides in transparency and anti-money laundering regulations. In fact, as of 2024, Panama was removed from the EU’s high-risk list and the FATF grey list—a significant step that reflects its stable financial system and investor-friendly environment.

❌ Myth #6: "Only retirees move to Panama."

✅ Truth: Panama is becoming a top destination for digital nomads, entrepreneurs, and families. With available healthcare, strong internet, a growing international community, and an array of visa options, Panama is attracting a diverse range of people ready to embrace a new lifestyle.

✅ The Truth You Should Know

Panama is not perfect—but what country is? The important thing is that it offers real opportunities, a stable economy, and an excellent quality of life for those who take the time to learn what it really has to offer.

Ready to find out the real Panama?

At Ama Panama Realty, we specialize in helping you navigate every aspect of your journey—whether you want to invest, relocate, retire, or just learn more. From legal support and property scouting to visa guidance and local expertise, our team is here to make the process smooth and trustworthy.

📩 Have questions or ready to start? Use our contact form (always at the footer, scroll down) to schedule a call or message us directly.📬 Or subscribe to our newsletter on our homepage and stay up to date without spam.

Explore Panama. Live better. Own smarter.

Ama Panama Realty – Your trusted partner in the Azuero Peninsula and beyond.

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