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Relocate and moving to Panama as an expat? Panama serves as the meeting point between two oceans and two continents. Panama City has shaken off its image and became a haven for expats, thanks in no small part to the Panama Canal: a vital resource for international maritime trade which connects the Atlantic Ocean and the Pacific Ocean and created the economic foundation for this booming country.
Expats relocating to Panama in order to work for a foreign company, either as an expert or consultant, do not usually require a work permit. But, if you are moving to Panama in order to work for a local company, you will need a work permit. And these are not easy to come by. The employment market in Panama is strictly regulated, and most companies are bound by restrictions on employing foreigners, also called the 10% rate. This is another reason why most expats find work with an international company rather than with a local one.
To find accommodation: There are various ways to find accommodation in Panama. Rental agents and real estate agents in Panama City are the best starting point, either by meeting them in person to discuss your requirements, or browsing their available properties via their websites. There are plenty of options for you when searching for accommodation, from brand-new, modern apartments to more traditional houses. Housing can range from a studio apartment to a large villa. It is helpful to work out your budget and what size of accommodation is required well in advance so that your estate agent knows what to do.
