 10 Reasons to Live in Panama If you are thinking about relocating to Latin America to teach EFL, there are clearly many countries to choose from. Here you will find 10 reasons why you should consider Panama as a serious contender. One important factor for many people is the weather and Panama certainly has that covered. The tropical climate ensures year-round warm weather without the threat of hurricanes that can cause serious problems in other parts of the region. The low cost of living in comparison to North America and Europe also means you can enjoy a comfortable lifestyle outside of the classroom. Other great benefits of moving to Panama include high-quality healthcare and well-established expat communities who can help you find your feet in your new surroundings.