🇵🇦 Buy Property in David, Panama
90 properties from $55K to $1950K
Median Price
$174K
Avg Size
2,357 sq ft
Listings
90
About David
Panama's third-largest city and the hub of Chiriquí province, offering modern infrastructure (hospitals, malls, fast internet) at remarkably low costs — a furnished two-bedroom house rents for under $500/month. The expat community here is more integrated with locals than in tourist-heavy Boquete, and the tropical climate is consistently warm. You'll want basic Spanish as English is less common than in Panama City.
90 Listings in David
Living in David
What American expats need to know about Panama
Visa
Friendly Nations Visa — available to US citizens with professional/economic ties to Panama. Requires employment, $200,000 real estate investment, or $200,000 bank deposit. Grants 2-year provisional residency, then permanent. Pensionado Visa — for retirees with $1,000+/mo pension, extensive senior discounts on flights, restaurants, and utilities.
Cost of Living
Excluding rent, a single person needs ~$750 USD/mo; a family of four ~$2,650 USD/mo. Rent (1-bed, city center): Panama City ~$1,200, Coronado ~$850, Boquete ~$700, David ~$500. Groceries run $6-10/day per person. Overall 40-55% below US major cities; uses USD so zero FX risk.
Key Fact
Panama uses the US dollar, has no income tax on foreign-earned income, and offers a Pensionado program with extensive senior discounts (flights, restaurants, utilities). It is the most tax-friendly destination on this list for US expats.
Life in Panama
Morning coffee overlooking the Pacific, an afternoon thunderstorm that resets the heat, and the strange comfort of paying for everything in dollars while howler monkeys scream from the trees.
Other Cities in Panama
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