Posts Tagged ‘panama retirement’

Panama Retirement – Why Retire To Panama

Panama Retirement – Best Decision

Are you entertaining thoughts about Panama retirement? Have you asked yourself why would you choose Panama as your retirement destination? Why you need to pull up your roots and relocate to a foreign country to live out your golden years? Why would you give up your friends and move to a country where you hardly know anybody for Panama retirement? Why would you adapt yourself to a different way of life, culture, climate and language for Panama retirement? Panama retirement is not an easy decision to make. You need to know the pros and cons. You must first educate yourself about the realities of living there. The best way would be for you to visit Panama and stay there as a tourist first, so you will know the country and its people.

Panama Retirement – Why choose Panama

Many retirees in Panama give the following reasons why they chose to retire to this country..
The cost of living in Panama is a lot cheaper than in the USA, Europe, Canada and other Latim American countries. For US$1,200 or $2,000. you can live there very well, with utilities, food, running car, full time maid and a doctor visit. Of course it will depend on where in Panama you would like to live, just like in the USA, where the cost of living varies from place to place.
You can get a decent housing in Panama that is more affordable than in USA, Europe and Canada for Panama retirement.

The Panamanian climate particularly the highlands is favorable to senior folks. In the city it can be hot and muggy, but a mountain ridge can give a spring-like climate. Some of the more affordable highland locations for Panama retirement are David and Boquete. You will experience cool nights and days here, unlike the city and the beaches.

Panama Retirement – Good Medical Facilities

Medical care is excellent, and can be compared with what you get in the USA. If you don’t have medical insurance, the medical costs are affordable. Panama recognizes most major medical insurance like the TriCare for Life for military retirees.
Panama Law respects the seniors and retirees by affording them special privileges, discounts on products and services. The elderly in Panama have their own special windows and lines at banks and public services agencies. A real advantage for Panama retirement.

As a “pensionado” immigrant, you can import home furnishings duty free. You can buy a new car duty free also every 2 years, although it may not be advisable if you are planning to sell the duty free car in the future. You will not get a fair price because your car’s value would become less than the taxes that you would have to pay. Minor point for Panama retirement.

The people of Panama are generally good. They are friendly and make good neighbors.

Most of the conveniences that you are used to in the USA, Canada and Europe are available in Panama. If there are some that are not available, then perhaps you can live without it in Panama retirement.

If you are American, you will be very much welcome to the government of Panama, because they want you to spend your retirement check in their country. Also, the Panamanians are very comfortable with the Americans, because of their long years of stay in Panama while they were working on the Canal Zone. You can therefore truly enjoy Panama retirement.


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    Panama Retirement – The Best Places To Retire

    Are you due for retirement soon and thought about Panama retirement? Are you one of the many people who dream of moving to a new place in retirement? When you are no longer working and have only yourself and your spouse to care for, you may go to a warmer climate, pursue your hobbies, or move closer to your relatives. Selecting a nice place to retire needs careful research and planning, depending on what you want for a place – a big scenery and big city amenities. The budget criteria should also be considered, including cost of living and home purchase or rental prices.

    Panama Retirement – Top Destination

    Panama is a top retirement destination. Choosing where in Panama you should spend your Panama retirement life rests upon your preferences. Would you want a city life, the beaches or the mountains. Listed below are the places to go for each of the above preferences for Panama retirement.

    Panama City is the place where you can stay for Panama retirement. You can easily obtain a residency visa here, and, depending on your circumstances, you can even live here tax-free. Panama City is a world renown banking center, with dozens of international banks, so you can have easy access to your money. The infrastructure here in the city is good, owing to the American military operating the Canal and the continued revenue from the Canal. Panama City is a travel hub, have many good restaurants, shopping malls and a lot of opportunities on how to spend your Panama retirement time.

    Panama Retirement – Peace and Quiet

    However, if you are a retiree, it is but natural that you would want peace and quiet. And in Panama, you cannot avoid the noise of constructions and the car alarms. Panama’s streets are clogged with traffic at any hour of the day and night. The cost of living here is a little bit higher than in other places in Panama. It is estimated that you would need $2,000 to live comfortably in expatriate-standard lifestyle. Besides, the climate in the city is hot and humid all year through, which may not be favorable to a retiree for Panama retirement.

    Las Tablas is a small colonial town east of the Azuero Peninsula, where you can find the best beaches in Panama. This is the best beach Panama retirement option if you prefer a charming town close to the beach. Las Tablas is host to a growing expariate communities. If you’re only a couple, you can enjoy a comfortable life in only a small budget. The cost of living here is lower compared to the city. You can rent a one bedroom house near the beach for as low as $300/month.

    Panama Retirement – Climate no barrier

    Boquete is the place to go if you cannot tolerate the heat and humidity in Panama City and Boquete, there are the Panama’s highlands where the climate is much cooler and less humid for Panama retirement. Boquete is the most popular and most developed mountainous place in Panama. It is now more an affordable place where you can retire that it was some years ago. The costs of housing have dropped since a couple of years ago, so you can rent a very spacious and comfortable house for $600 per month.

    So those three places in Panama are the most recommended best places where you can spend your Panama retirement life. It’s up to you to choose which lifestyle will suit you best – the city, the beaches or the mountains for Panama retirement.

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      Panama Retirement – What Makes Panama The Number 1 Destination

      Panama Retirement – Best Retirement Destination

      Panama retirement have you thought about it? As you get on in life and near your retirement age, maybe you are thinking which place would be the best retirement destination for you. It could also be that you are looking for places outside of the United States and Europe because of the high cost of retirement in these countries. You might say that there are many other countries that can rival Panama, but did you know that many other factors make Panama a favorite destination of retirees? Here are those factors for Panama retirement.

      Panama Retirement Reasons

      Panama retirement Reason # 1. Panama is popularly beautiful with its endless miles of beaches, rainforests, mountainous regions, and the Panama Canal, making the country also the number 1 tourist destination. Panama was voted number 1 retirement destination for the last 7 consecutive years.

      Panama retirement Reason # 2. Panama has low cost of living. I f you will compare living in Panama against living in other parts of the US and Europe, you will realize that the cost of living in Panama is really cheap. For example, if you want to buy a house, your $200,000 can give you one with a private swimming pool. You can watch a movie in a modern cinema for $4, and your taxi ride may cost you only $2. You cannot find anything like these in the USA and Europe.

      Panama retirement Reason # 3. The weather in Panama is perfect for retirees, with sunshine all year round. Even if it is rainy season there, it will usually rain only in the morning, and the sun will shine thereafter. Of course, there are other countries with the same weather as in Panama, but Panama offers much more, in terms of infrastructures, safety and solitude. You want to spend your retirement life in a peaceful paradise, the best place to choose is Panama.

      Panama Retirement – Some More Reasons

      Panama retirement Reason # 4. Panama has world class health care facilities. The medical care and hospitals are both good quality. Many doctors in Panama got their training from the United States, and most are bi-lingual. They can speak fluent English, so there will never be an issue on communication.

      Panama retirement Reason # 5. Panama is far more developed and modern than what you might think. If you decide to move here, you can also find the same luxuries and amenities that you can find anywhere else. Its infrastructure is modern with many grand shopping malls in Panama City. The country is considered one of the most popular banking centers around the globe. The Panama Canal alone contributes to Panama’s economy and will continue to do so in the years to come.

      Panama retirement Reason # 6. If you are an American, you would prefer to retire in Panama because it is very close to the US. Moving here will not separate you from friends and relatives; there are dozens of direct flights to and from the US everyday.
      Considering all the above factors, a Panama retirement offers many advantages that you cannot find all in any other counties in this whole wide world. Many groups of people looking for foreign destinations flock to Panama due to these advantages. You, too, may consider spending the later part of your life in Panama. Try asking around and you will get many suggestions to go to this tropical paradise. You will enjoy Panama retirement.


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