Here’s what Wikipedia has to say about Boquete:
Boquete is a small town on the Caldera River, tucked into the green mountain highlands of Panama, in western-most Chiriqui Province about 60 km from the border with Costa Rica. Chiriquí Province, about 60 km. from the border with Costa Rica. Because of its altitude, some 1,200 metres above sea level, its climate is refreshingly cooler than that of the lowlands. Its scenic location, temperature, and natural environment make it extremely popular with Panamanians, and with tourists from all over the world.
In Spanish, the word Boquete means ‘gap or opening’ or ‘hole’ (as in the mountains!). It was through this gap that curious gold seekers trekked, looking for a cheaper and quicker way to the Pacific. Farmers began settling the region near the end of the 19th Century. By the early 20th century, several villages had been populated: Lino, Quiel, Bajo Mono, Los Naranjos, and Bajo Boquete, which now is the districts’ town center.
Boquete was created on April 11, 1911. The head of the district was initially Lino, but it was moved soon after to Bajo Boquete. For many years, the district had three “corregimientos” (townships): Bajo Boquete, Caldera and Palmira [Richard: Where my coffee farm is located]. In 1998, the “corregimientos” of Alto Boquete, Jaramillo, and Los Naranjos were created.
In addition to tourism, its main industry remains agriculture, especially the growing of coffee beans.
Some of its landmarks include nearby Volcan Baru, a dormant volcano and at some 3,475 meters, the tallest point of land in Panama. Hikers enjoy a relatively easy hikeike[Richard: This guy never hiked it!] hike up and over the volcano, along the Sendero de los Quetzals, which runs from Boquete up to Cerro Punta and Volcan [Richard: Or vice versa, and it is easier coming from Cerro Punta to Boquete], on the other side of the volcano. [Richard: Unfortunately right now the trail has been closed to the public indefinitely.] Boquete is known for its coffee, judged to be among the finest in the world. The Caldera River runs through the town, a river that has shaped much of its form.
The district of Boquete has approximately 19,000 inhabitants (2008). More recently, Boquete has become the second home to many North American and European retirees. Some 14% of its population are of foreign origin, according to La Prensa, a national newspaper. Ex-pats are attracted by the comfortable climate, excellent potable water, and clean air, by the tranquility, and by Panama’s relatively low cost of living.