Panama is a dream come true destination for overseas retirement. Panama is gaining popularity as the best second home for retirees because of its low cost living, natural beauty, comfortable weather conditions and above all the discount program available for overseas retirement. Foreigners choose Panama as their second home because of the reasons stated below:
• Safety: Panama is regarded as a safe country, where individuals can walk around the city without having any kind of
• concerns.
• Beautiful destination: Panama is an attractive holiday spot with many attractions to explore in close proximity. Panama
• as an place has it all! It is full of soothing beaches, picturesque mountains, restaurants, city life,
• excellent shopping malls, night clubs and discos, water sports fishing, diving, etc.
• Perfect climate: Panama has a tropical type of climate throughout and as you move towards the mountains you will feel
• pleasant spring weather
• Low living expenses: Panama has one of the lowest costs of living suitable for overseas retirement. You can calculate for
• yourself: A U.S.-style home can be built in Panama for about $40 per square foot; unskilled labor costs $6.40 per day; a
• full-time live-in maid costs $120 to $160 a month; a beer at a bar costs 35 cents; a cup of coffee, 30 cents; telephone
• service costs roughly $30 a month and so on!
• Accessibility: Panama is in close proximity with almost seven major US cities making it a hot favorite
overseas
• retirement place.
• The most important reason for making Panama a famous destination is its discount program for
• pensioners. Anyone who meets the requirements and qualifies as a retired pensioner can obtain excellent discounts and
• added perks.
• Currency: The currency for Panama is the US dollar. Traveler’s cheque and credit cards are easily accepted throughout
• Panama.
• Health clinics: Panama has many efficient hospitals offering excellent medical services. No vaccines are required prior to
• traveling to Panama. Panama is the only country in Latin America where you can drink water straight from the tap.
• Same legal rights: Foreign retirees can own property in Panama and have all the same legal rights as any other
• Panamanian.
All the above reasons make Panama a practically wonderful
overseas retirement destination for all foreigners seeking a comfortable and enjoyable life!
