American economist and stockbroker Peter Schiff recently drew attention to Panama after saying publicly that he is considering residency in the country following a visit.
According to the original report, Schiff posted on X that he had just left Panama and planned to return, describing the country as a place with “a lot to offer.” He also said he was considering making Panama his “Plan B,” a comment that quickly gained traction among followers and local observers.
Panama City Mayor Mayer Mizrachi responded publicly to Schiff’s post, welcoming the possibility and describing Panama as an “unknown oasis” to much of the world.
Schiff is the founder and CEO of Euro Pacific Capital, an investment firm focused on international markets. He became widely known after warning about risks in the U.S. financial system before the 2008 financial crisis. Over the years, he has also built a large public profile as a commentator on monetary policy, inflation, gold, and the role of central banks.
Just left Panama. Definitely coming back. This place rocks. It has a lot to offer. I’m considering residency and making it my plan B. @Mayer pic.twitter.com/kraNtJxRk9
— Peter Schiff (@PeterSchiff) April 17, 2026
Why His Comments Are Getting Attention
Schiff is not the first foreign commentator to speak positively about Panama, but his remarks are notable because of the specific reasons he mentioned.
In follow-up comments, Schiff pointed to Panama’s lifestyle, lower cost of living, tax advantages, infrastructure, restaurants, beaches, mountains, warm climate, and lack of hurricanes. These are many of the same factors that have helped Panama remain relevant among international investors, retirees, remote workers, and expats looking for a practical base in Latin America.
The important point is not that one public figure is interested in Panama. The bigger story is that Panama continues to appear in conversations about lifestyle flexibility, financial planning, and second residency options.
Panama’s Appeal Goes Beyond One City
For many international residents, Panama’s appeal is that it offers very different lifestyles within a relatively small country.
Some people are drawn to Panama City for its banking sector, high-rise living, restaurants, hospitals, shopping, and international airport access. Others prefer mountain communities like Boquete, known for its cooler climate, established expat community, coffee farms, and outdoor lifestyle.
Beach and rural areas also continue to attract attention, especially for people looking for more space, privacy, and a slower pace of life. Areas such as the Azuero Peninsula, Pedasi, Playa Venao, Cambutal, and Veraguas are part of a broader lifestyle conversation that is not only about investment, but also about quality of life.
What This Means for Panama
Positive international comments like Schiff’s can help put Panama in front of audiences that may not have seriously considered the country before. For many foreigners, Panama is still less familiar than places like Mexico, Costa Rica, Colombia, or Portugal.
That can be both a challenge and an opportunity. Panama has strong advantages, including the U.S. dollar as legal currency, international connectivity, no hurricanes, and a relatively straightforward residency framework compared to many other destinations. At the same time, people considering a move still need to understand the country carefully, including healthcare access, local costs, legal residency options, taxes, and the differences between each region.
How Property Markets Could Be Affected
This kind of international attention does not automatically create a real estate boom, and it should not be treated that way. One social media post does not move an entire market.
However, it can contribute to a broader trend. When well-known financial commentators talk about Panama as a residency or “Plan B” option, it reinforces the country’s image as a serious destination for people thinking about lifestyle diversification, asset protection, and long-term relocation.
The areas most likely to benefit from this type of attention are places that already match what international buyers are seeking: strong infrastructure, good access, lifestyle amenities, and a clear sense of community. Panama City may appeal to investors who want urban convenience, while Boquete and select beach communities may appeal to people prioritizing climate, nature, and a more relaxed daily rhythm.
For property owners, this is generally positive, but it should be viewed realistically. Buyers are still selective. They compare value, location, access, construction quality, legal status, and lifestyle fit before making a decision.
A Practical Signal, Not a Guarantee
Schiff’s comments are best understood as another signal that Panama remains part of the global conversation on residency, lifestyle, and investment planning.
For Panama, that is good news. It shows that the country continues to attract attention not only for business, but also for everyday livability.
For those considering a move or investment, the next step is not to follow hype, but to study the areas carefully, visit in person, and work with experienced professionals who understand the local market.
Casa Solution Real Estate helps buyers and sellers across Panama understand the market, compare communities, and evaluate properties with local guidance. Contact us if you are considering buying, selling, or exploring Panama as part of your future plans.
Date written: April 26, 2026
