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🇵🇦 PANAMA
📊 SITE STATS
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ESSENTIALS
Topic Details
🏙️ City David, Chiriquí, Panama
👥 Population Approximately 165,000
💻 Internet Speed Average 60-100 Mbps on Fiber; providers include Cable & Wireless and Tigo
💸 Currency & Banking USD (Official: Balboa PAB at 1:1). Local banks: Banco General, Banistmo
🚰 Tap Water Generally safe to drink in David, though many nomads prefer bottled or filtered water
🔌 Power 120V, 60Hz, 🔌 Type A/B sockets (US Standard)
📶 SIM Card Tigo or Más Móvil; approx. $15 for 30 days of unlimited data
💳 Banking for Expats Banco General is most popular; Revolut/Wise work at most ATMs (Global Bank/Bac Credomatic)
🛌 Accommodation Mix of modern apartments and colonial houses; Encuentra24 and Facebook Groups are primary sources
💳 Cashless Friendly Mostly yes in supermarkets and malls; cash (USD) is required for small fondas and taxis
🏠 Short Term Rentals Airbnb prices average $600-$1,100/month for central apartments
🛏️ Budget Accommodation Bambu Hostel ($12 dorms, $35 privates) located in Barrio El Peligro
🏙️ Best Area to Stay for Tourists The area around Parque Cervantes for proximity to city center commerce
🏙️ Best Area to Stay for Digital Nomads Urbanización La Hacienda or San Cristóbal for quieter, safer gated communities
WORKING AND NETWORKING
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🏢 Best Coworking Space The Hub David (Calle F Sur); daily rates approx. $15, monthly $150
☕ Best Cafe for Work Brew Coffee Company (Vía Porras); excellent Wi-Fi, AC, and specialty Chiriquí coffee
💼 Networking Events Chamber of Commerce (CAMCHI) business mixers; semi-regular expat meetups at St. Patrick's Pub
🥂 Social Events for Expats Expats in Chiriqui Facebook Group organizes weekly lunches at Hotel Ciudad de David
TRANSPORTATION
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🚕 Best Taxi/Ride App InDrive (highly active in David); Uber is limited
🚲 Bike/Scooter Rental Ciclo Aventuras on Vía Boquete; approx. $20/day for mountain bikes
🏖️ Best Beach Nearby Playa La Barqueta (30 mins south); wild Pacific surf beach
✈️ Top Regional Airline Air Panama (flying from Enrique Malek International Airport - DAV)
✈️ Top International Airline Copa Airlines (daily connections to Panama City PTY)
🛣️ Highway Access Direct access to the Inter-American Highway (Route 1) connecting to Costa Rica
🚉 Main Train/Transit Hub Terminal de Transporte de David (The main bus hub for Chiriquí province)
🚍 Public Transport Passes Cash-based; local buses (chivas) cost $0.35; long-distance to Boquete $1.75
✈️ Regional Travel Small buses to Boquete (45 mins) or Volcán (1.5 hours) for $2-$4
HEALTH AND WELLNESS
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🏥 Best Hospital Hospital Chiriquí (Private); high-quality care, roughly $50 for specialist visits
🧘 Yoga & Wellness Centers Centro Holístico Chiriquí; offering yoga sessions for approx. $10/class
🏋️ Gyms & Fitness Centers Smart Fit (Federal Mall); modern equipment, approx. $25/month
🧺 Laundry Services Lavandería Myriam; approx. $5 for a medium wash/dry load
FOOD AND DRINK
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📱 Best Food Delivery App PedidosYa is the dominant delivery service in David
🍽️ Best Local Dish to Try Mono en Bijao (Chiriquí style rice and beans wrapped in a leaf)
🍱 Vegan/Vegetarian Options Mana (Healthy food shop inside Plaza Revilla); organic bowls and salads
🍫 Best Dessert Spots Gelarti (Federal Mall) or local raspados (shaved ice) at Parque Cervantes
🛒 Affordable Shopping Spots Mercado Público de David for fresh produce at local prices
🛒 E-commerce/Online Store Panafoto.com for electronics; Amazon shipping via Mail Boxes Etc. (MBE)
🛒 Grocery Delivery Super Barú or Super 99 via PedidosYa app
🍸 Bar/Nightlife Area Calle F Sur or the 'Zona Viva' area for bars and late-night clubs
🍻 Local Brewery Boquete Brewing Company (Available at local bars like St. Patrick’s)
🍷 Wine Bars Felipe Motta Wine Store & Deli (Plaza Terronal)
🍲 Street Food Stalls Empanada and Hojaidre stalls near the bus terminal; $0.50 - $1.00
🍕 Popular International Cuisine Restaurante Ngadri for high-end Italian/Mediterranean at Hotel Ciudad de David
CULTURE AND ATTRACTIONS
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🎟️ Must-See Landmarks Parque Miguel de Cervantes Saavedra (The city's social heart)
🏛️ Museums & Art Venues Museo de Historia y Arte José de Obaldía (Calle 8va Este)
🏰 Historical Sites Barrio Bolívar (The old colonial quarter of David)
🕍 Religious Sites Catedral de San José de David
🎉 Annual Events Feria Internacional de David (March); the largest trade and culture fair in the region
🎨 Cultural Districts The historic center around Barrio Bolívar
🎭 Theater Venues Auditorio de la UNACHI (University of Chiriquí)
🛍️ Local Markets Mercado de Artesanías in the city center
🎼 Music Scene Live Typical (Pindín) music performances during fair seasons
🎨 Street Art Murales in the vicinity of the University (UNACHI)
🧑‍🍳 Cooking Classes Ocú Chiriquí Culinary Workshops (usually home-based/private)
👩‍🎨 Art Galleries Galería de Arte del Municipio de David
🕰️ Historic Buildings The old Telegraph building (Correos y Telégrafos)
🏴 Local Heritage The Chiriquí Green and Red Flag representing provincial pride
NATURE AND OUTDOOR ACTIVITIES
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🌅 Nearby Nature Escapes Cangilones de Gualaca (Natural river canyons, 45 mins away)
🏞️ National Parks Nearby Volcán Barú National Park (entrance via Boquete, 1 hour away)
🚲 Cycling/Walking Paths Ciclovía on the David-Dolega road
🌄 Scenic Viewpoints Loma Colorada for a panoramic view of the David cityscape
🦉 Birdwatching Locations Mangroves of Pedregal (15 mins south of city center)
🔥 Bonfire-Friendly Spots Las Olas Resort area (Playa La Barqueta)
OTHER SERVICES AND AMENITIES
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📦 Parcel Delivery Service Mail Boxes Etc. (MBE) in Plaza Terronal
🛠️ Tech Repair Services Multimax (Federal Mall) or small independent shops in Plaza Revilla
🏓 Table Tennis Spots Chiriquí Table Tennis Club (Club de Tenis de Mesa)
🧑‍🏫 Language Classes CELI (Centro de Lenguas de Chiriquí)
📚 Libraries & Study Spots Biblioteca Santiago Anguizola Delgado
🏘️ Community Centers Gimnasio Escolar de David
🕹️ Gaming Lounges Federal Mall Gaming Zone
🎰 Casino & Gaming Halls Fantastic Casino (Inter-American Highway)
BUSINESS
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🏢 Studio Purchase Price (City Center) Approx. $1,400 per m² (e.g., 40 m² = $56,000)
🏢 Studio Purchase Price (Outside City) Approx. $1,000 per m² (e.g., 40 m² = $40,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,300 per m² (e.g., 60 m² = $78,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. $950 per m² (e.g., 60 m² = $57,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. $1,250 per m² (e.g., 80 m² = $100,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. $850 per m² (e.g., 80 m² = $68,000)
💼 Corporate Tax 25% on net taxable income
💵 Dividend Withholding Tax 10% for local earnings; 5% for foreign-source earnings
🏦 Tax System Territorial (Only income earned within Panama is taxed)
📈 Highest Income Tax Bracket 25% (on income over $50,000)
🧾 VAT 7% (called ITBMS)
🌐 Controlled Foreign Company (CFC) Rules No
🏠 Property Tax Progressive, ranging from 0% (under $120k primary residence) to 0.7%
🏠 Property Transaction Tax 2% Property Transfer Tax + 3% Advance Capital Gains Tax
💻 Attractive Tax System for Digital Nomads 0% tax on foreign-source income; Short-term Remote Work Visas available