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🇵🇦 PANAMA
📊 SITE STATS
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Avg Score:0.0
Avg Cost:$0/mo
ESSENTIALS
Topic Details
🏙️ City Pedasí, Los Santos Province, Panama
👥 Population Approximately 2,500
💻 Internet Speed Consistent 50-100 Mbps via fiber optic (Cable Onda/Tigo) in the town center
💸 Currency & Banking 1 PAB (Balboa) = 1 USD. US Dollars are used exclusively.
🚰 Tap Water Drinkable in town, though many expats prefer filtered water or 5-gallon jugs ($2.50) for taste.
🔌 Power 120V, 60Hz, 🔌 Type A/B sockets. Occasional outages occur during rainy season; surge protectors recommended.
📶 SIM Card Tigo or +Móvil. Prepaid 'Plan Ilimitado' costs approx. $5 for 7 days.
💳 Banking for Expats Banco Nacional and Caja de Ahorros have ATMs in town. Most businesses prefer cash; Banco General is best for local accounts.
🛌 Accommodation Guesthouses, boutique hotels, and luxury villas ($800 - $2,500/month for long-term rentals).
💳 Cashless Friendly Limited. High-end hotels and supermarkets accept cards, but 70% of local shops/eateries are cash-only.
🏠 Short Term Rentals Airbnb and VRBO. Average studio/house: $60-$120 per night.
🛏️ Budget Accommodation Selina Pedasí (Dorm beds from $15-$22, private rooms from $45).
🏙️ Best Area to Stay for Tourists Near the Town Square (Plaza) for convenience or Playa El Lagarto for beach access.
🏙️ Best Area to Stay for Digital Nomads Pedasí Town Center for best fiber internet and proximity to cafes, or Venao (30 mins away) for surf vibes.
WORKING AND NETWORKING
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🏢 Best Coworking Space Selina Pedasí Cowork (Daily pass: $10, Weekly: $45) featuring dedicated desks and high-speed Wi-Fi.
☕ Best Cafe for Work The Bakery (El Pueblo) - Good Wi-Fi, excellent coffee, and fresh pastries ($3-$8).
💼 Networking Events Monthly 'Expats & Locals' mixers at Smiley's Restaurant.
🥂 Social Events for Expats Pedasí Expats Facebook Group and weekly Friday night BBQ at Segovia's.
TRANSPORTATION
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🚕 Best Taxi/Ride App No Uber/Bolt. Local taxis available via WhatsApp or at the Plaza ($2-$5 within town).
🚲 Bike/Scooter Rental Pedasí Sports for cruiser bikes ($10/day) or Pedasí Wheels for scooters ($35/day).
🏖️ Best Beach Nearby Playa Venao (30 km away) for surfing or Playa Arenal (3 km) for boat departures to Isla Iguana.
✈️ Top Regional Airline Air Panama (Flights from Panama City to Pedasí twice weekly, approx. $120 one way).
✈️ Top International Airline Copa Airlines (Operating into Tocumen International PTY).
🛣️ Highway Access Route 2 via Las Tablas. 5-hour drive from Panama City on well-maintained roads.
🚉 Main Train/Transit Hub Pedasí Bus Terminal (Minibuses to Las Tablas $3.00, every 45 mins).
🚍 Public Transport Passes No passes; cash paid directly to the driver on 'Chivitas' (minibuses).
✈️ Regional Travel Direct shuttles to Playa Venao ($10) or buses to Chitré ($5) for major shopping.
HEALTH AND WELLNESS
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🏥 Best Hospital Minsa-Capsi Pedasí for basic care; Hospital Joaquín Pablo Franco in Las Tablas (45 mins) for emergencies.
🧘 Yoga & Wellness Centers The Yoga Shala at El Destino ($12 drop-in) or wellness retreats at Blue Venao.
🏋️ Gyms & Fitness Centers Pedasí Fitness Center (Local gym near the main road, approx. $30/month).
🧺 Laundry Services Lavanderia Pedasí ($5-$8 per load, wash and dry).
FOOD AND DRINK
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📱 Best Food Delivery App None. Most restaurants offer direct WhatsApp delivery.
🍽️ Best Local Dish to Try Sancocho (Panamanian chicken soup) and Corvina (Sea Bass) ($8-$12).
🍱 Vegan/Vegetarian Options Pachi's Kitchen (Great veggie bowls) and Coleos (Fusion with vegetarian options).
🍫 Best Dessert Spots The Bakery for 'Tres Leches' cake or artisanal gelato at Sweet Pedasí.
🛒 Affordable Shopping Spots Minisuper Wong or the local fruit stand near the Plaza.
🛒 E-commerce/Online Store Panama City vendors ship via Uno Express ($5-$7 per package for pickup).
🛒 Grocery Delivery Local delivery by Super Pedasí for a small fee via WhatsApp.
🍸 Bar/Nightlife Area Pedasí town bars (Smiley’s, Terry's) or the beach party scene at Playa Venao.
🍻 Local Brewery Cervecería Legítima (available at local bars); closest taproom in Playa Venao.
🍷 Wine Bars Segovia’s offers the best selection of imported wines from Chile and Argentina.
🍲 Street Food Stalls Food trucks near the entrance of town serving 'Hojaldras' and 'Chuzos' ($1-$3).
🍕 Popular International Cuisine Segovia’s (Steakhouse/International) and Pasta e Vino (Italian).
CULTURE AND ATTRACTIONS
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🎟️ Must-See Landmarks Isla Iguana Wildlife Refuge (White sand beach, snorkeling, 20 min boat ride).
🏛️ Museums & Art Venues Museo de la Nacionalidad (Located nearby in Los Santos town).
🏰 Historical Sites Church of Santa Catalina (Colonial architecture in the Plaza).
🕍 Religious Sites Santa Catalina Laboure Parish.
🎉 Annual Events Carnival (February/March) and the Tuna Festival.
🎨 Cultural Districts The Main Plaza is the heart of all cultural activity.
🎭 Theater Venues None. Local festivals feature outdoor dance stages ('Toldos').
🛍️ Local Markets Pedasí Farmer's Market (Occasional Saturdays at the Plaza).
🎼 Music Scene Live blues/rock at Smiley's and traditional 'Tipico' music during festivals.
🎨 Street Art Small murals depicting marine life on the walls toward Playa Arenal.
🧑‍🍳 Cooking Classes Available via private arrangement at Hostal Dona Maria for traditional Panamanian cooking.
👩‍🎨 Art Galleries Local artisan shops surrounding the Plaza selling 'Polleras' and 'Diablico' masks.
🕰️ Historic Buildings The childhood home of Mireya Moscoso (Panama's first female president).
🏴 Local Heritage Azuero Peninsula culture, famous for the 'Pollera' (national dress).
NATURE AND OUTDOOR ACTIVITIES
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🌅 Nearby Nature Escapes Isla Cañas (Sea turtle nesting site, approx. 45 mins away).
🏞️ National Parks Nearby Sarigua National Park (Panama’s only desert, approx 1.5 hours away).
🚲 Cycling/Walking Paths The 3km paved road from town to Playa Arenal is popular for morning runs/cycles.
🌄 Scenic Viewpoints The cliffs at Playa Toro overlooking the Pacific.
🦉 Birdwatching Locations Isla Iguana (Frigate birds) and the Mangroves of Pedasí.
🔥 Bonfire-Friendly Spots Allowed on Playa Venao with permission from beach clubs.
OTHER SERVICES AND AMENITIES
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📦 Parcel Delivery Service Uno Express (Pickup station near the town entrance).
🛠️ Tech Repair Services Small electronics shop in Las Tablas (45 mins away) for laptop/phone repair.
🏓 Table Tennis Spots Selina Pedasí courtyard.
🧑‍🏫 Language Classes Private tutors available; ask at 'The Bakery' community board ($10-$15/hour).
📚 Libraries & Study Spots The Public Library near the Plaza (limited hours).
🏘️ Community Centers Municipio de Pedasí meeting hall.
🕹️ Gaming Lounges None available.
🎰 Casino & Gaming Halls Closest grand casino is in Chitré (1.5 hours away).
BUSINESS
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🏢 Studio Purchase Price (City Center) Approx. $1,800/m² ($72,000 for 40m² studio).
🏢 Studio Purchase Price (Outside City) Approx. $1,400/m² ($56,000 for 40m² studio).
🏠 1-Bedroom Purchase Price (City Center) Approx. $1,650/m² ($99,000 for 60m² unit).
🏠 1-Bedroom Purchase Price (Outside City) Approx. $1,250/m² ($75,000 for 60m² unit).
🏡 2-Bedroom Purchase Price (City Center) Approx. $1,500/m² ($120,000 for 80m² unit).
🏡 2-Bedroom Purchase Price (Outside City) Approx. $2,200/m² (Increases due to coastal/ocean view land value, e.g., $176,000).
💼 Corporate Tax 25% on net taxable income.
💵 Dividend Withholding Tax 10% for local source income; 5% for foreign source.
🏦 Tax System Territorial tax system (Only income earned within Panama is taxed).
📈 Highest Income Tax Bracket 25% for income over $50,000; 0% for income under $11,000.
🧾 VAT 7% ITBMS (Standard Sales Tax).
🌐 Controlled Foreign Company (CFC) Rules No strict CFC rules due to territorial system.
🏠 Property Tax 0% for houses under $120,000; tiered rates from 0.5% to 0.7% above that.
🏠 Property Transaction Tax 2% Property Transfer Tax + 3% Advance Capital Gains Tax paid by seller.
💻 Attractive Tax System for Digital Nomads 0% tax on foreign-sourced income. Panama Short Stay Visa (Remote Worker) available for 9 months (renewable).