Panama, one of the best places in the world to retire
Panama is currently considered by international organizations and retirement magazines, one of the best countries in the world to retire or rellocate. It offers modern and reliable health care facilities to all nationals and foreigners who may require them.
Private medical services are considerably lower than in USA, making attentive personalized health care easily affordable. This is yet another reason why Panama can be considered one of the best retirement places in the world. In addition to the many other benefits Panama offers, such as high quality of life at a moderate cost, political and economic stability, strong investment opportunities, beautiful natural environment, friendly people, etc.,
Panama also has incentives specifically for retirees.
Some of the benefits for retirees in Panama:
Importation of your household goods (up to $10,000 in value) free of taxes
Import of a new car every two years for private use
50% discount at most recreational, movie, and sporting events
30% discount off public transportation (including bus, ship, and train)
25% discount off Copa airline flights
50% discount off hotel stays on weekdays (30% on weekends)
25% discount at selected restaurants
15% discount at fast food restaurants
10% discount off prescription medication
20% discount on doctor's consultations
15% discount on dental work and eye exams
25% discount on your electric bill (if less than $50)
25% discount on your telephone and water bills
Panama makes it easy for foreign retirees to obtain residency visas.
