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Reasons to Retire in PanamaThis forum post has messages dated from 09/29/10 through 10/15/10, please be sure to read all the messages. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it.
| Reasons to Retire in Panama Panama real estate is inexpensive. When thinking of the best places to retire, it is important to understand that Panama has a very low cost of living combined with amazing beaches and scenery that propels Panama to the number one spot to consider for those wishing to retire abroad. For those who have not thought about the high cost of retiring in Europe or the USA, Panama should be carefully considered as a legitimate and realistic option when deciding to retire overseas. Your future lifestyle is dependant on it.From the endless miles of barren beaches to the lush green tropical rain forest and perfect year-round weather, Panama has it all. Even the people are friendly people and don't make you feel bad for not knowing Spanish, although it is probably a good idea to know. Bottom line is this, if you like Florida but hate the crowds, ridiculous real estate prices and really hate hurricanes, you'll love Panama |
| "Panama - Retirement "
Panama real estate has achieved international acclaim for its rapidly growing market and its surging real estate development. With thousands of retirees and Americans turning to Panama for its breathtaking scenery and even more breathtaking costs of living, it is easy to understand why. For starters, the Panama City real estate market is forecasted to grow by up to 40% in the next three years because of a massive reconstruction project in Panama City.Panama City real estate is an absolute steal compared waterfront properties in the US primarily because of the cost of living. With the ability to become a resident in less than two months, retirees are eligible for discounts on top of already rock bottom prices. Need bridgework done? Expect to pay no more than $700 and avoid the $5, 000 fees US dentists charge. Luxury apartments could also be had for a lot less and property taxes are at all-time lows. Plus, services like TV and internet cost no more than $40 a month with basic phone service going for $3 a month in some areas. Luxury living is dirt cheap; with live in maids commanding $150-300 a month salaries and the average haircut costing about $1 |
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