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Coronado

Panama

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The Story

Overview

Coronado is a popular beach town located on the Pacific coast of Panama, about an hour's drive from Panama City. Known for its stunning beaches, Coronado offers a relaxed lifestyle, making it a favorite among expats, particularly retirees from North America. The area is part of Panama's 'Arco Seco' or 'Dry Arch,' named for its lower-than-average rainfall, resulting in a pleasant, sunny climate most of the year. The town has a strong expat community, which has driven the development of amenities such as international restaurants, shops, and healthcare services. However, some specialized services, like advanced medical care, may require a trip to Panama City. With its beautiful natural surroundings, including beaches and proximity to the Altos de Campana National Park, Coronado offers a tranquil lifestyle with easy access to the conveniences of the capital.

Basilica de la Mare de Deu dels Desamparats in Santiago

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Basilica de la Mare de Deu dels Desamparats in Santiago

Photo by Tiago Alvar from Pexels

Location & Geography

At a Glance

Quick Facts

Climate

Dry

Monthly Cost of Living

$1400 USD

Healthcare

Limited local services with advanced care in nearby Panama City.

Expat Community

Growing, with many North American retirees.

English Prevalence

Common in tourist and expat areas.

Infrastructure

Developing, with good basic services but variable road quality.

Lifestyle

Laid-back beach and resort town with outdoor activities.

Crime Rate

Generally low but some petty theft.

Discover More About Panama

Explore comprehensive insights about living in Panama, from visa requirements and healthcare systems to cultural nuances and lifestyle opportunities.

Quality of Life in Panama

Below you'll find key quality of life metrics comparing Panama to the United States. All metrics are normalized to a 0-100 scale for easy comparison. Green arrows (↑) indicate better performance than the US, while red arrows (↓) indicate worse performance.

Understanding the Metrics

Quality of Life Index: Overall score combining all factors. Higher scores indicate better living conditions.

Purchasing Power: How much you can buy with your money. Higher scores mean better purchasing power.

Safety Index: Level of safety and security. Higher scores indicate safer conditions.

Healthcare Index: Quality and accessibility of healthcare. Higher scores mean better healthcare systems.

Cost of Living Index: Cost of goods and services. Lower scores indicate more affordable living costs.

Property Price to Income Ratio: Housing affordability ratio. Lower scores mean more affordable housing relative to income.

Traffic Commute Time Index: Average commute times. Lower scores indicate better traffic conditions.

Pollution Index: Environmental pollution levels. Lower scores mean cleaner environment.

Climate Index: Climate comfort rating. Higher scores indicate more favorable weather conditions.

Quality of Life

44.2

Purchasing Power

18.2

Safety Index

53.9

Healthcare Index

40.5

Cost of Living Index

33.5

Property Price To Income Ratio

25.4

Traffic Commute Time Index

32.9

Pollution Index

56.4

Climate Index

59.8

Financial Overview

Cost of Living

Budget-Friendly
Local Prices
Affordable Housing
Low Daily Expenses
Tax Haven
Pension Exempt
Foreign Income Exempt

Monthly Estimate

USD 1,350

Rent

USD 700

  • 1-bedroom apartment

Utilities

USD 80

  • Electricity, Heating, Water, Garbage

Internet

USD 51.09

  • 60 Mbps

Dining Out

USD 45.5

  • Mid-range restaurant, 3-course meal for two

Want more detailed insights?

Explore our comprehensive cost of living breakdown, including detailed price comparisons for groceries, entertainment, healthcare, and more.

Safety & Security

Safety Overview

Family Friendly
Low Crime Rate
Tourist Safe
Political Stability

Generally safe

Crime Overview

Common Incidents

Some petty theft

Safe Areas

Gated communities very secure

Safety Precautions

Standard safety measures recommended

Emergency Numbers

Police

911

Ambulance

911

Fire

911

Medical Care

Healthcare

Private Healthcare
Modern Hospitals
Medical Tourism
Int'l Insurance Accepted
Affordable Care
English-Speaking Doctors

Healthcare System

System Type

Basic local services

Quality Level

Advanced care in Panama City

Medical Facilities

Available Facilities

    Access

    60 kilometers to major facilities

    Weather & Seasons

    Climate

    Tropical
    Beach Life
    Water Sports
    Outdoor Sports

    Located in 'Arco Seco' with warm temperatures year-round. Dry season December to April, temperatures 24°C (75°F) to 32°C (90°F). Brief showers during rainy season.

    Best Time to Visit

    Contact us for detailed seasonal information

    Unlock premium insights including weather trends and monthly averages

    Communication

    Language

    English Proficiency

    English common in tourist and expat areas, basic Spanish beneficial

    Common in tourist and expat areas.
    Global Rank: #44 of 112 countries

    What Does This Mean?

      Languages

      Spanish
      English

      Learning Difficulty

      Level 1
      Closely related to English

      Expected learning time: 24 weeks (600 hours)

      Based on FSI (Foreign Service Institute) language difficulty ratings

      Make Friends in Spanish

      Speaking the local language helps you feel at home. Start learning Spanish today with a free week of Duolingo Plus.

      • Learn at your own pace
      • Simple, fun daily lessons
      • No pressure or deadlines

      No credit card needed

      Embracing Your New Home

      Getting Comfortable in a New Culture

      Local Festivals

      Coronado is a popular beach town located on the Pacific coast of Panama, about an hour's drive from Panama City. Known for its stunning beaches, Coronado offers a relaxed lifestyle, making it a favorite among expats, particularly retirees from North America. The area is part of Panama's 'Arco Seco' or 'Dry Arch,' named for its lower-than-average rainfall, resulting in a pleasant, sunny climate most of the year. The town has a strong expat community, which has driven the development of amenities such as international restaurants, shops, and healthcare services. However, some specialized services, like advanced medical care, may require a trip to Panama City. With its beautiful natural surroundings, including beaches and proximity to the Altos de Campana National Park, Coronado offers a tranquil lifestyle with easy access to the conveniences of the capital.

      Making the Transition Easier

      Common Challenges

      Slower pace of life

      Helpful Tips

      • Patience with bureaucracy needed

      Understanding Local Life

      Warm and welcoming culture

      Community

      Expat Life

      Large Expat Population
      Retiree Community
      Expat Organizations
      Local Integration

      Significant and growing

      Demographics

      Main Nationalities

      Mainly US and Canadian retirees

      Community Life

      Popular Activities

      • Social clubs
      • events
      • and gatherings

      Your American Community in Panama

      Join local meetups and Facebook groups in your area

      Immigration Guide

      Living in Panama

      Understand the visa and residency options available for living in Coronado, Panama. Significant discounts on healthcare, utilities, and travel for pensionados

      Retirement
      Digital Nomad
      Investment
      Easy Residency
      Permanent
      Citizenship
      Working
      Student
      Family

      Lifestyle & Retirement

      Options for those seeking a change in lifestyle, whether retiring or working remotely.

      Retirement

      Perfect for retirees looking to spend their golden years abroad. This visa is designed for those who can demonstrate retirement income or pension.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Digital Nomad

      Ideal for remote workers and digital professionals who want to live in the country while working for overseas companies.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Investment & Business

      Pathways for those looking to invest or work in the country.

      Investment

      For those interested in making a significant financial investment in the country, such as purchasing property or starting a business.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Working

      Permits you to work locally in the country, either for a specific employer or in general.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Long-term Residency

      Options for those seeking to establish permanent roots.

      Easy Residency

      A straightforward path to residency with simplified requirements and processes.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Permanent

      Long-term residency rights that allow you to live in the country indefinitely.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Citizenship

      The opportunity to become a full citizen of the country, often after meeting specific residency requirements.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Additional Options

      Other pathways including education and family reunion.

      Student

      Designed for those pursuing education at local institutions.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Family

      Options for bringing family members or joining relatives already in the country.

      Status in Panama: Fully available. This is an established visa pathway in Panama.

      Note: Immigration policies can change. Always consult with the Panama embassy or a qualified immigration lawyer for the most current information and personalized advice.

      Essential Services

      Infrastructure

      Reliable Internet
      Clean Water
      Stable Power

      Relatively developed

      Connectivity

      Internet Service

      Relatively developed

      Average Speed: Contact us for details

      Mobile Coverage

      Good

      Utilities

      Power Grid

      Relatively developed

      110/220V / 60Hz

      Water Quality

      Contact us for details

      Tap water treatment recommended

      Municipal Services

      Waste Management

      Reliable utilities and basic services

      Recycling: Contact us for details

      Property & Housing

      Real Estate

      Affordable Housing
      Foreign Ownership
      Buyer's Market
      Investment Potential
      Beachfront Available

      Popular investment destination

      Market Overview

      Popular investment destination

      Market Forecast

      Contact us for details

      Buying Property

      Restrictions

      • None significant

      Renting Property

      Typical Terms

      Contact us for details

      Deposits

      Contact us for details

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      3 Bedrooms2 Bathrooms2,200 Square Feet

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      Your Educational Journey

      Understanding Local Education

      Coronado is a popular beach town located on the Pacific coast of Panama, about an hour's drive from Panama City. Known for its stunning beaches, Coronado offers a relaxed lifestyle, making it a favorite among expats, particularly retirees from North America. The area is part of Panama's 'Arco Seco' or 'Dry Arch,' named for its lower-than-average rainfall, resulting in a pleasant, sunny climate most of the year. The town has a strong expat community, which has driven the development of amenities such as international restaurants, shops, and healthcare services. However, some specialized services, like advanced medical care, may require a trip to Panama City. With its beautiful natural surroundings, including beaches and proximity to the Altos de Campana National Park, Coronado offers a tranquil lifestyle with easy access to the conveniences of the capital.

      Your Educational Choices

      What's Available to You

      Limited local options

      Quality You Can Expect

      Private preschools locally available

      International Learning Opportunities

      Schools That Welcome International Students

      Available in Panama City

      Financial Planning

      Tax System

      Tax Haven
      Pension Exempt
      Foreign Income Exempt

      Favorable for foreign residents

      Income Tax

      System Overview

      Favorable for foreign residents

      Property & Investment

      Property Tax Rate

      Contact us for details

      Capital Gains Rate

      Contact us for details

      Pension & Retirement

      Foreign Pensions

      Tax exemptions for retirees

      Social Security

      Contact us for details

      Key Considerations

      Pros & Cons

      Useful Information

      Essential Resources

      Essential resources and information

      Official Resources

      Coronado Community Newspaper

      Official Coronado Website

      Community Resources

      Healthcare Resources

      Emergency Contacts

      Useful Apps

      Local Media

      Legal Resources

      Educational Resources

      Discover More About Panama

      Explore comprehensive insights about living in Panama, from visa requirements and healthcare systems to cultural nuances and lifestyle opportunities.