5 Best Places to Retire in Panama

4. Coronado

Insider Monkey Score: 6

Coronado is an expat-friendly beach town in Panama, famous for its beachside living, modern amenities, and recreational facilities. Retirees get to enjoy the beautiful beaches along the Pacific Coast, its stunning views, and experience a relaxed pace of life.

Modern amenities in the town include restaurants, shopping centers, and also healthcare facilities. Coronado also boasts a country club, full-scale supermarkets, golf courses, and also a mall. The cost of living is affordable, with a single retiree living comfortably at $1,400 a month. The town enjoys a warm and tropical climate, and retirees can also travel to Panama City for further amenities as it is in a reasonable driving distance.