Panama, at just 9 degrees latitude, is too far south for hurricanes. Panama does get a tropical storm once in awhile, mostly on the Caribbean side. Panama is blessed by nature, unlike the rest of her Central American neighbors, with no hurricanes – amazingly it’s in a special climate area that is hurricane-free. Panama also has no major earthquakes and no active volcanoes. Panama is the ideal place to live!
After several hurricanes in the United States, insurance rates went through the roof. But because Panama has no hurricanes, real estate insurance rates are super low. I just got my annual house insurance renewal bill for $205.70 PER YEAR!
Hurricanes are essentially a tropical phenomenon, that are driven by the evaporation of a large pool of very warm water somewhere not too far from a shoreline. Local geographic conditions may cause them to strike in non-tropical locations, e.g. Florida, Louisiana, Atlantic coast, as well as Japan or Taiwan (where they are called typhoons). Hurricanes can strike the Pacific coast, but less commonly than the Caribbean, typically between about Acapulco and Panama.
Wikipedia’s entry on hurricanes has a graphic which depicts the tracks of all hurricanes between 1985-2005, shows that, in the Western hemisphere, hurricanes never form below about 8 degrees north and always move west or northwest.
Your home or property investments will be safer in Panama because you don’t have to worry about them being damaged or destroyed by a hurricane.
You can enjoy year-round SAFE weather with no worry of hurricanes in Panama. Panama does have tropical storms which can produce a lot of rain but no property damage like a hurricane.
Come see how you can live BETTER for less in Panama, and never have to worry about a hurricane.
You can learn about how to relocate to Panama with our Online Panama Relocation Guide. It has the same information that you’d get on a 7-day Panama Relocation Tour including our rolodex of reliable contacts for immigration lawyers, real estate agents, where to get health insurance regardless of your age, and much more.