I'm Beth, Broker/Owner of Relocation Panama Real Estate, specializing in the Coronado and surrounding areas. We are family-owned and have an amazing team that is culturally diverse, multilingual and represents many countries from around the world. Our firm is full service, specializing in property management, rentals, sales and relocation. We love serving our clients by helping them find their place in this piece of paradise, whether for short or long term, rental or investment.
My intention in creating this RU-vid channel is to provide visual aids along with transparent and well rounded information to those considering making the move to this wonderful piece of Paradise or for those who already have. Enjoy!
I was going to move to Panama. Then covid hit and Panama and airlines shut down. Thousands of Americans were asked to leave or stranded. Now how can you trust your retirement to a tiny country that folds and kicks you out when events get rough?
Have you gone to Taborcillo Island inside Bahia de Chame. Quite interesting as John Wayne used to own it with his Panamanian wife. Relic of an old hotel with John Wayne memorabilia can still be found there. All abandoned for a long time. I think the current owner is even selling it now.
My experience with all of the time we have spent there was very good so now we are pensioair and are serious about buying there in maybe 2025 to spend part of the year there to avoid cold weather, and us politicians BS just want to get away from all of the craziness!
All a pipe dream, the corruption, lack of accountability , low standards and quality of infrastructure , high cost of living, serious delays because of bureaucracy , inflated costs , are serious hindrances to any dream plan. Take a step forward for Panama to learn from countries that are already way ahead in tourism, it's not just about building hotels, or a supply of beds, it's much about services from the heart, feel the vibes and warmth of the nation , to welcome guests in more than one language , to feel relaxed and reinvigorated and wanting to return. Go study Singapore, Thailand, Fiji, and learn the culture of tourism, I have traveled all over Panama, I did not feel the culture. It will not be easy, you have a lot to do, but at least the thought is there. Make it a goal, put a date to work on, visitors and tourists want to feel your love and care, beyond just the beds. dreaming is not going to make it happen. I present constructive criticism , hopefully you find it helpful, if you are serious about your dreams.
When you traveled all thru Panama if you wanted to feel the culture, I would suggest you stay for a while and get to know the people. Then you will know the culture of Panama. Yes, they take a while to implement their plans but I have been there thru 3 different administrations in 3 different political parties, and all have stayed consistent on growing the same vision for the country.
Thank you for sharing your concerns. Property rights and security are incredibly important. While I know title theft has happened here, luckily it doesn’t happen often and as long as the buyer is represented by a reputable and knowledgeable attorney it can easily be prevented.
Have you seen a huge increase in pricing this year? We are coming back in February for residency and another tour of the area. Hoping to be back for good that May!
Thanks for the update Beth however like "all" politicians, the president didn't tell us how he plans to pay for it. The canal traffic is down 40% or more, Panama (stupidly) shut down the copper mine that was going to generate $375 million per year. Everyone gets pumped when new leadership is electednto office and then reality strikes! How about we ask the president to treat tourists and expats "equally" !!! I live here, love it, but lots of work to be done.
Thank you for your comment. It's understandable to have concerns about funding and economic challenges. President Mulino definitely faces significant tasks ahead, including finding sustainable ways to support his initiatives. The drop in canal traffic and the mine shutdown are real issues that will require careful management. Your insights are appreciated!
Already in his first week in office he has opened up an environmental study to lead a way to reopen the Copper mine. He knows the Country needs that revenue to boost it's GDP to get things accomplished during his 5 year term. The protest of the mine was politically motivated last year and with hard facts you will see him get the public back on board. Most of the Panameno's that I know even during the protests were in favor of the mine continuing to operate. It will be a big win if he gets that done during his first year in office so these other shovel ready projects can be funded.
Thank you for your comment! Definitely a possibility but let’s hope that President Mulino's administration boosts the economy as planned which will create more opportunities and can help stabilize costs in the long run 🤞🏼
Elle n'a donné que si peu d'informations concernant les exigences du Panama pour l'arrivée des animaux. Juste une pub pour son cabinet d'avocats . Ok , mais le titre est trompeur.
Folks remember when you are dealing with ANY Realtor ask for the ID - many many expats are unlicensed Realtors many have come to Panama with limited funds so will Lie to your face seems their is no more honesty in Realtors today
Things you are not told about Coronado, Very Very Bad roads and will never be fixed, limited access to the beaches no Parking the access Points are filthy food thrown around limited garbage bags folks leave their garbage on the beach or just toss it out the window
Fabulous presentation, we are so pleased that there are such talented individuals as yourself to help in the search of our next home, looking to possibly retire in Panama, possibly renting for 6months or a year… looking forward to coming to Panama in early 2025. I will be watching you for all your insights…
Thanks for watching John, I would love to be a part of your Panama journey, you can connect with me directly once your travel plans are in place and I will do my best to help!
Great advice as always. As a broker in a beach town in the U.S, the same truth applies. Local knowledge is key...find a real estate professional that you can trust. Share your criteria/priorities for a home or condo and work together to find your property. Thank you for being a great resource!
Maybe next time develop your own info instead of tearing apart someone else's hard work and guide. As a realtor for over 25 yrs yes it is better to pick one company to work with but sometimes it is better to work will multiple companies. To tell someone no one will work with you for going to multiple companies is poor advice. Maybe tell people to talk to each company and explain that you are working with others and let the company decide. Thank you for getting info out there just becareful how you present it.
Thank you for sharing your POV, great feedback. My goal wasn’t to “tear apart someone else’s work,” rather than be transparent and address advice that is being given to thousands of people relocating to a very unique market. Additionally, I don’t make the rules on how the agent communities work, I am sharing insider information on how they work so people can understand. As stated Panamà is very different than other real estate markets. Majority of agents have agreed to always ask clients if they are working with another agent and if they are, circle them back to the agent they are working with. This is a relocation community and most of the time agents have spent sometimes years communicating back and forth before a client even hits the ground- so ideally they will be loyal. We do much more than help them find a house- we are their first relationship, their main source for all things, help them navigate immigration, residency, bringing their pets/belongings, translate, etc and on and on…that deserves to be respected and the agent deserves to be compensated in the end.
@@mikeledonne356 I am! I am a licensed Panamanian broker and happy to assist you with any of your real estate needs. You can reach me over whatsapp at +507 6233 9432 or email beth@relocationpanama.com.
Quelling. B th. Hi Beth I wanted to ask some questions about short term renting daily to. 6 month I am coming to Panama to look at condos in the. Chame , gorgona and Coronado area
Panama lost. The Panamanian people lost. The second largest employer just went down. All those employees are out of work with jobs that paid more than average. All the business that supported the mine will soon follow. And guess what, that means more unemployment as believe it or not, it’s people that made those businesses profitable as well. Have you seen how quick Ecuador has falling? When you take out a foundation, the building falls.
how is this anyone prevailing? our society is built on resources. copper has to come from somewhere. I dont see these protesters smashing their phones, computers, air conditioning etc to boycott copper. so they will continue on with their lives as usual making use of copper that now has to come from somewhere else. almost every country on earth is mined and having resources extracted. I would suggest almost nobody finds mining anything other than ugly and destructive. but why is Panama any more special than any other place that also faces environmental degradation from resource extraction? and the idea that holding an entire country hostage until they get their way is nothing short of terrorism. this is typical Marxist organizations flexing their muscles to defeat the government and corporations with no care for how much damage they are doing to their own future. these people who supposedly care so much about the environment burning tires to block the roads. give me a break. the level of hypocrisy is off the charts.
Panama will be the next Venezuela when the mine closes. Canal traffic at 50 per cent. Tourism is now zero. Moody has downgraded Panama by one point. So, no new investors. I feel for the extreme poor. This will affect you the most. This Gringo can go to Mexico, El Salvador, Argentina... My heart is twisted.
agreed. the Marxist protesters are only interested in power, not about the long term well being of their nation or fellow citizens. the idea that holding an entire nation hostage until they got their way is in any way "virtuous" is a joke. and I dont see any of them smashing their phones or computers or air conditioning to boycott copper. now it will have to come from somewhere else and be more expensive. mining is ugly, most people will agree. but when we live in a world built on resources the mining will just happen in another place. why is Panama any more special than other countries who also deal with the negative side effects of mining? I'm only here on a one month vacation. been living in Mexico the last 2.5 years and am flying back there a week before the holidays. cant wait.
As with any news story there are different perspectives. In Tierras Altas the closures have had crushing impacts on small businesses , ag producers , restaurants and others. If this lasts much longer , the results will be visible on the grocery shelves long term , destroying livelihoods of small businesses , farms ect. Beyond that , as per the constitution of Panama , all have the right to circulate at will and in fact during the Noriega regime such travel was not impeded like this. This is a violation of the rights of any and all who are denied circulation against their wish. So next month, perhaps it will be another issue to fight and another justification to deny personal rights . Closures are a huge problem causing widening divisions and it's getting worse. In Tierras Altas the police themselves are in charge of the closures . This will not end well.
Panama, in my experience, would be a good place for a short stop or to use as a travel hub for that part of the world. I admit I didn’t go to Boquete but I don’t think there’s “enough” in Panama - it’s not big enough or culturally enriched enough for exploration over many years Not knocking it, overall it’s a nice place and has its advantages, but it wouldn’t be my relocation choice
As I mentioned last time, you left out the issue of weather. The intense high humidity and heat in Panama City is said to be rather intolerable, like living in a sauna.
Interesting...found you all searching for good advice on purchasing land in the Oeste area. We're from Zimbabwe, living in Wyoming, planning to relocate to Panama.
Cultural differences in Latin countries comes to mind first. I have been in 13 Spanish speaking countries and can’t remember seeing one bathtub, maybe a Jacuzzi in a very modern hotel. The water wasn’t so hot tough! ❤