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Essentials

πŸ™οΈ City David is the capital city of ChiriquΓ­ Province, located in western Panama, known for its lush landscapes and multicultural atmosphere.
πŸ‘₯ Population approximately 100,000
πŸ’» Internet Speed Average of 20-30 Mbps
πŸ’Έ Currency & Banking 1 USD β‰ˆ 1 USD (Panama uses the US dollar as its currency)
🚰 Tap Water Drinkable in urban areas, but bottled water is recommended in rural areas.
πŸ”Œ Power 120V, 60Hz, πŸ”Œ Type A/B sockets
πŸ“Ά SIM Card Movistar and Claro are the popular mobile providers offering coverage and data plans.
πŸ’³ Banking for Expats Local banks like Banco Nacional de PanamΓ‘ and international options like HSBC are available.
πŸ›Œ Accommodation Options include apartments for rent, Airbnbs, and hostels in the city.
πŸ’³ Cashless Friendly Yes, cards are accepted widely in most establishments.
🏠 Short Term Rentals Airbnb and Vrbo are common platforms for short-term housing.
πŸ›οΈ Budget Accommodation Hostel La Casa de La Abuela offers dormitory beds starting at $15 a night.
πŸ™οΈ Best Area to Stay for Tourists Areas near Parque Cervantes and the downtown area are popular among tourists.
πŸ™οΈ Best Area to Stay for Digital Nomads Aldea del Rio and areas near the city center provide good amenities and connectivity.

Working and Networking

🏒 Best Coworking Space Las Olas Coworking located in the city center.
β˜• Best Cafe for Work Cafe de la Plaza is known for its good coffee and Wi-Fi.
πŸ’Ό Networking Events Monthly meetups are organized by the Panamanian Chamber of Commerce.
πŸ₯‚ Social Events for Expats Facebook group 'Expats in ChiriquΓ­' organizes regular meetups.

Transportation

πŸš• Best Taxi/Ride App Uber operates in David for convenient transportation.
🚲 Bike/Scooter Rental Bike rentals are available at local shops near the park.
πŸ–οΈ Best Beach Nearby Playa La Barqueta, only 30 minutes away.
✈️ Top Regional Airline Air Panama
✈️ Top International Airline Copa Airlines offers flights to major international destinations.
πŸ›£οΈ Highway Access Interamerican Highway (Pan-American Highway) provides extensive road connectivity.
πŸš‰ Main Train/Transit Hub The main bus terminal serves as a hub for regional travel.
🚍 Public Transport Passes Buses are accessed via cash fares.
✈️ Regional Travel Bus services operate to major cities including Boquete and Bocas del Toro.

Health and Wellness

πŸ₯ Best Hospital Hospital ChiriquΓ­, known for good medical services.
🧘 Yoga & Wellness Centers Yoga David offers classes for various skill levels.
πŸ‹οΈ Gyms & Fitness Centers Basic-Fit is a popular option for fitness enthusiasts.
🧺 Laundry Services Lavandería La 24 offers affordable laundry services in town.

Food and Drink

πŸ“± Best Food Delivery App Rappi and Uber Eats operate in the city.
🍽️ Best Local Dish to Try Sancocho is a traditional chicken soup worth trying.
🍱 Vegan/Vegetarian Options El Vegetariano is a great choice for plant-based meals.
🍫 Best Dessert Spots Panaderia El Buen Sabor offers a variety of local pastries.
πŸ›’ Affordable Shopping Spots Local markets like Feria de David are excellent for fresh produce.
πŸ›’ E-commerce/Online Store Amazon and MercadoLibre deliver to David.
πŸ›’ Grocery Delivery Super 99 and Riba Smith offer delivery services.
🍸 Bar/Nightlife Area Ave. 2a is known for its nightlife and bars.
🍻 Local Brewery Cerveza Artesanal La Chiru is a local favorite.
🍷 Wine Bars Vinoteca offers a good selection of wines.
🍲 Street Food Stalls Street vendors along the main square serve delicious local snacks.
πŸ• Popular International Cuisine La Fogata serves authentic Mexican cuisine.

Culture and Attractions

🎟️ Must-See Landmarks Parque Cervantes and the Cathedral of David.
πŸ›οΈ Museums & Art Venues Museo de Historia y Cultura de David.
🏰 Historical Sites The historic ruins at Volcan.
πŸ• Religious Sites Iglesia San JosΓ© is a notable church in the area.
πŸŽ‰ Annual Events David Carnival, celebrated every February, is a major festival.
🎨 Cultural Districts The city center features many cultural landmarks.
🎭 Theater Venues Teatro Nacional is a hub for performing arts.
πŸ›οΈ Local Markets Feria de David is a vibrant local market.
🎼 Music Scene Local bars often host live music events.
🎨 Street Art Various murals can be found in the downtown area.
πŸ§‘β€πŸ³ Cooking Classes Cooking classes are offered at local culinary schools.
πŸ‘©β€πŸŽ¨ Art Galleries Galleria de Arte is home to local artists' works.
πŸ•°οΈ Historic Buildings The Old Train Station is a significant landmark.
🏴 Local Heritage David is known for its rich cultural blend of indigenous, Spanish, and Afro-Panamanian heritage.

Nature and Outdoor Activities

πŸŒ… Nearby Nature Escapes Cerro Punta and the surrounding mountains offer beautiful hikes.
🏞️ National Parks Nearby La Amistad International Park is accessible and packed with biodiversity.
🚲 Cycling/Walking Paths El río David trail is great for walking and cycling.
πŸŒ„ Scenic Viewpoints Mirador de Los Quetzales offers stunning views of the surrounding landscape.
πŸ¦‰ Birdwatching Locations Cerro Punta is known for its rich birdwatching opportunities.
πŸ”₯ Bonfire-Friendly Spots There are designated areas in parks for bonfires, particularly at scenic viewpoints.

Other Services and Amenities

πŸ“¦ Parcel Delivery Service DHL and local courier services operate in the area.
πŸ› οΈ Tech Repair Services Local electronic shops offer repair services.
πŸ“ Table Tennis Spots Public parks often have table tennis tables available.
πŸ§‘β€πŸ« Language Classes Language schools offer Spanish language courses tailored for expats.
πŸ“š Libraries & Study Spots Biblioteca Nacional located near the city center.
🏘️ Community Centers Centro Cultural La Estrella offers various community programs.
πŸ•ΉοΈ Gaming Lounges Gaming centers are becoming popular among the youth.
🎰 Casino & Gaming Halls Casino de David is a popular spot for gaming.

Business

🏒 Studio Purchase Price (City Center) Approx. $1,200 per m² (e.g., 40 m² = $48,000)
🏒 Studio Purchase Price (Outside City) Approx. $900 per m² (e.g., 40 m² = $36,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,100 per m² (e.g., 60 m² = $66,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $850 per m² (e.g., 60 m² = $51,000)
🏑 2-Bedroom Purchase Price (City Center) Approx. $1,000 per m² (e.g., 80 m² = $80,000)
🏑 2-Bedroom Purchase Price (Outside City) Approx. $750 per m² (e.g., 80 m² = $60,000)
πŸ’Ό Corporate Tax 25%
πŸ’΅ Dividend Withholding Tax 10%
🏦 Tax System Panama has a territorial tax system, taxing only income generated in Panama.
πŸ“ˆ Highest Income Tax Bracket 25%
🧾 VAT 7%
🌐 Controlled Foreign Company (CFC) Rules Yes, there are rules but they are generally favorable for expats.
🏠 Property Tax Annual property tax is approximately 2% of property value.
🏠 Property Transaction Tax 2% on property sales.
πŸ’» Attractive Tax System for Digital Nomads Panama is known for its favorable tax regime for foreign income.

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