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David, Panama 🇵🇦
#863 ,

Nomad Score: 66%

Essentials

🏙️ City David is the capital city of Chiriquí Province, located in western Panama, known for its lush landscapes and multicultural atmosphere.
👥 Population approximately 100,000
💻 Internet Speed Average of 20-30 Mbps
💸 Currency & Banking 1 USD ≈ 1 USD (Panama uses the US dollar as its currency)
🚰 Tap Water Drinkable in urban areas, but bottled water is recommended in rural areas.
🔌 Power 120V, 60Hz, 🔌 Type A/B sockets
📶 SIM Card Movistar and Claro are the popular mobile providers offering coverage and data plans.
💳 Banking for Expats Local banks like Banco Nacional de Panamá and international options like HSBC are available.
🛌 Accommodation Options include apartments for rent, Airbnbs, and hostels in the city.
💳 Cashless Friendly Yes, cards are accepted widely in most establishments.
🏠 Short Term Rentals Airbnb and Vrbo are common platforms for short-term housing.
🛏️ Budget Accommodation Hostel La Casa de La Abuela offers dormitory beds starting at $15 a night.
🏙️ Best Area to Stay for Tourists Areas near Parque Cervantes and the downtown area are popular among tourists.
🏙️ 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.
Best Cafe for Work Cafe de la Plaza is known for its good coffee and Wi-Fi.
💼 Networking Events Monthly meetups are organized by the Panamanian Chamber of Commerce.
🥂 Social Events for Expats Facebook group 'Expats in Chiriquí' organizes regular meetups.

Transportation

🚕 Best Taxi/Ride App Uber operates in David for convenient transportation.
🚲 Bike/Scooter Rental Bike rentals are available at local shops near the park.
🏖️ 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.
🛣️ Highway Access Interamerican Highway (Pan-American Highway) provides extensive road connectivity.
🚉 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

🏥 Best Hospital Hospital Chiriquí, known for good medical services.
🧘 Yoga & Wellness Centers Yoga David offers classes for various skill levels.
🏋️ 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

📱 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.
🛒 Affordable Shopping Spots Local markets like Feria de David are excellent for fresh produce.
🛒 E-commerce/Online Store Amazon and MercadoLibre deliver to David.
🛒 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.
🍕 Popular International Cuisine La Fogata serves authentic Mexican cuisine.

Culture and Attractions

🎟️ Must-See Landmarks Parque Cervantes and the Cathedral of David.
🏛️ Museums & Art Venues Museo de Historia y Cultura de David.
🏰 Historical Sites The historic ruins at Volcan.
🕍 Religious Sites Iglesia San José is a notable church in the area.
🎉 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.
🛍️ 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.
🧑‍🍳 Cooking Classes Cooking classes are offered at local culinary schools.
👩‍🎨 Art Galleries Galleria de Arte is home to local artists' works.
🕰️ 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

🌅 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.
🌄 Scenic Viewpoints Mirador de Los Quetzales offers stunning views of the surrounding landscape.
🦉 Birdwatching Locations Cerro Punta is known for its rich birdwatching opportunities.
🔥 Bonfire-Friendly Spots There are designated areas in parks for bonfires, particularly at scenic viewpoints.

Other Services and Amenities

📦 Parcel Delivery Service DHL and local courier services operate in the area.
🛠️ Tech Repair Services Local electronic shops offer repair services.
🏓 Table Tennis Spots Public parks often have table tennis tables available.
🧑‍🏫 Language Classes Language schools offer Spanish language courses tailored for expats.
📚 Libraries & Study Spots Biblioteca Nacional located near the city center.
🏘️ Community Centers Centro Cultural La Estrella offers various community programs.
🕹️ 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)
💼 Corporate Tax 25%
💵 Dividend Withholding Tax 10%
🏦 Tax System Panama has a territorial tax system, taxing only income generated in Panama.
📈 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.
💻 Attractive Tax System for Digital Nomads Panama is known for its favorable tax regime for foreign income.

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