| When thinking about retirement and moving abroad, | | | | changing currency values or inflation. Its world class |
| why not Panama? | | | | banking system has helped establish Panama as one |
| Panama is currently considered by international | | | | of the most important financial centers in the region. |
| organizations such as International Living one of the | | | | The geographical location also brings many benefits: |
| best countries in the world to live abroad(1). Because | | | | -Short flight times from major U.S. hubs like Miami (2.5 |
| of its low cost of living, foreigner friendly, excellent | | | | hours), Houston (3.5 hours), Atlanta (3.5 hours) and |
| health care, numerous financial incentives for retirees, | | | | New York (5 hours). Direct flights from Los Angeles |
| modern infrastructures, affordable Panama real estate | | | | are also available. |
| and housing, rich culture and recreation, Panama is a | | | | -Never worry about hurricanes, tornados, major |
| paradise for investors and nature lovers such as | | | | earthquakes, not even tropical storms. |
| gardeners, bird watchers and animal lovers alike. | | | | -Sunny weather all year round, even in the rainy |
| According to an ABC report(2), people who retire in | | | | season. |
| the United States have a hard time surviving on their | | | | Panama's diverse climates include mountainous or |
| pensions because of high costs of medical care and | | | | template regions, tropical forests, deserts and beaches |
| living. In the report, a few people were interviewed and | | | | on the Caribbean and Pacific Oceans, which are a 45 |
| asked the question, "why Panama?" The majority said | | | | minute drive apart. |
| that medical attention and medication costs have been | | | | Even though Panama has modernized its infrastructure |
| cut by half or less. For example, one night in a hospital | | | | in the last 3 to 4 years, one can still find rustic |
| room in Orlando, Florida costs about $900.00 USD, | | | | gateways in San Blas(3), where the Kunas (native |
| while in Panama the cost is only around $150.00 USD. | | | | Panamanians) have kept their centuries old traditions |
| One of the speakers said that he simply could not | | | | unchanged and preserved. |
| afford to live in the United States; his money would go | | | | If you are looking to enjoy your retirement years as |
| faster than he could expect. The same speaker is | | | | fully as possible in a brand new welcoming country full |
| now living in Panama for only a few dollars a day. | | | | of new adventures with all of the benefits you |
| Panama's dollarized economy makes it easy to move | | | | deserve, Panama is the right choice. Come and see |
| from the U.S. without worrying about constantly | | | | for yourself… it's not that far after all, right? |