'living in panama for ex-pats.' Retirement  

living in panama for ex-pats.

Retirement in Panama
Retirement, Panama

ArtMan from Sunny South - 10/28/08 14:00

please share with us the reasons to move from USA to live in Boquette or elsewhere in Panama aat 60+. Living costs--health costs--rent--house purchase costs--transportation costs--friendliness of Panamanians and ex-pats. drinking water quality--scorpion problems? household costs--phone--tv cable service costs-gas for home and car--maid service-food- restaurant costs--taxes. Are you glad you made the move? what are the pluses and the minuses--security and etcr.

thank you for your concern to this matter--we need some answers before we go there. In mexico we had ameoba and parrasite problems related to food and water and a few encounters with scorpions.

Mr and mrs. S fleishman

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Comment #1 Dar (167.80.246.204) - 11/05/08 19:16

Dear Fleishman

My husband and I had a lot of questions as well. We studied for a year before we decided to take the plunge and visit. We spent a couple of weeks seeing and exploring most all of Panama. When we reached Boquete by car we were sold. We visited a lot of developments on the way to Boquete and in Boquete. When we saw what was going on in Montanas De Caldera we thought WOW. Jane and Father really have it all together. Go on their website and email them and tell them that Mike and Darlene were telling you about them. Their knowledge is unbelievable. We have been their twice since buying and we are planning to retire next summer and move. I will try and answer briefly some of your questions. Health care: No worries. Panama has John Hopkins and the Mayo clinic. 99% of their Doctors and trained in US. A lot of Americans go their for their plastic surgery. A medical plan will cost you around $120. per month for family. Cost of living is 1/2 of what it is here. Dinner out for 2 eating filet mignon and wine $22.00. and its great food. Gas runs about the same. They have Costco. The water is fabulous. We have well water here at our home in Washington state and it is the best. Boquete is the same. Never have seen a scorpion or snake. I hate both!!! Most everyone has a cell. Prepaid card runs 20.00. Electric depends on usage, but plan for $45.00 month. No heat. Don't need. TV is cable or dish. We are getting a dish for 40.00 month. Maid runs $150.00 a month (5 days at 8 hrs a day)As an Expat you receive 20 years free taxes. Everything you do, you show your Penionado Visa and receive an average 25% off everything. Dining, food, just about everything. You might want to Google Retirement in Panama, or retiring to Panama or benefits to retiring to Panama. Hope this helps. We've had no issues with Bugs at all. I got a bite by a bug, not sure what it was, it just felt like mosquito. Have had 4 mosquito type bites in 3 weeks. In Washington I get eaten alive...

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