Why Panama?

If you’re the type of person that understands the world truly is an international community, and you are always thinking about bigger and better opportunities, you needn’t look much farther than Panama…especially if you have an interest in investing in overseas real estate, starting a foreign based corporation, or just finding a better place to live.

Whether you’re thinking about retirement or looking for an investment overseas, there are a lot of key issues to consider: cost of living, health care, infrastructure, safety and stability, taxes, language, cultural and recreational opportunities, accessibility to the U.S., Canada, and other countries, climate, special events and cost of real estate.

Every reader is an individual first and foremost. You and others like you have different priorities, wants, likes and dislikes…. My job here is to tell you about what Panama has to offer…whether you’re interested in kicking back on a white-sand beach in a cozy casita (on either the Pacific or Caribbean Coast), or just looking to make an investment in a hip, metropolitan condo in Panama City.

Want to retire or relocate soon?

If retirement is on the horizon, you’ll be happy to know the Panamanian pensionado program offers some fantastic benefits you won’t anywhere else in the world. The program is designed to make living, retiring, and investing in Panama very affordable--and more importantly--very comfortable.

If you receive a pension of $500 or more per month ($600 or more for a couple per month), you can qualify for the pensionado program. By qualifying for the program you receive permanent residency, plus:

  • 50% off entertainment—such as movies, theaters, concerts, and sporting events—anywhere in the country
  • 30% off bus, boat, and train fares
  • 25% off airline tickets
  • 50% off hotel stays from Monday through Thursday
  • 30% off hotel stays from Friday through Sunday
  • 25% off at restaurants
  • 15% off at fast food restaurants
  • 15% off hospital bills (if no insurance applies)
  • 10% off prescription medicines
  • 20% off medical consultations
  • 15% off dental and eye exams
  • 20% off professional and technical services
  • 50% off closing costs for home loans and more...

If you think the pensionado program sounds good, there are even more upsides to Panama…including the opportunity to invest in prime real estate. Whether you prefer countryside villas nestled 4,000 feet atop a mountain in beautiful Boquete, or a sophisticated and ultra-chic high-rise apartment in the heart of non-stop Panama City, or that nice, little cottage on the beach…you can find it here in Panama.

Enjoy a tranquil mountain town or cosmopolitan city living

Boquete and the surrounding areas offer great highland living…coffee plantations surround it and rivers run through its backyards. The climate is ideal, with fall-like mornings and spring-like afternoons. A walk through town is enlightening and comfortable. In short, Boquete is city living’s antithesis…a place to enjoy the solitude and wonder of nature.

Panama City, on the other hand, is a happening place--thriving and booming. The country’s rich historical significance has provided the city with an updated and modern infrastructure which fuels economic success and importance. Panama City has no peers in terms of its infrastructure…and that means you can get a lot of work done here. The tremendous banking and financial district, combined with the economic value of the famous Panama canal—currently undergoing a $5 billion expansion--creates an ideal place for world commerce. Stand on a street-corner here and you can almost feel the buzz of growth and profitability…the skyline is breathtaking.

Nightlife in Panama City is no slouch either. You can wine and dine at a five-star restaurant, try your luck gambling at the many area casinos, watch first-run movies in state-of-the-art movie theaters, or dance until dawn in one of the very hip nightclubs. There truly is something for everyone. And, in case you have to hurry back to the U.S. or elsewhere, there are daily and nightly flights…

Go offshore and reap even more benefits

It would be careless not to discuss Panama’s other benefits, like its ranking among the world’s top offshore havens. It’s very easy here to open an offshore bank account, protect your assets, avoid paying unnecessary taxes, and even exercise your right to create an offshore corporation. For the business and tax savvy, Panama may hold the key to unlocking some of the most troublesome doors you’ve encountered thus far.

All the advantages of retiring, relocating, and investing in Panama are within your grasp. The days of Noriega are just a distant memory. Panama is one of the world’s most thriving economies--thanks, in a large part, to its forward-thinking government. It may seem hard to believe, but with the proper due diligence, you can own a house in the mountains, a condo in the city, a piece of beautiful beachfront…or maybe even all of the above.

Really, we’re just beginning to touch on the many opportunities this country has to offer. The Internet is faster than a speeding bullet so you can maintain communications. You can open an offshore bank account and protect your assets…and, very important to most Northerners, you can enjoy a year without cold weather.

And did I mention that Panama is a very affordable place to live?

First-run movies cost just $4…you can rent a fully-furnished apartment in a high-rise building overlooking the Bay of Panama for as little as $600 a month. And, believe it or not, Panama is one of the safest places in the region.

In short, Panama is one of our favorite countries in the world (for the seventh year running, it’s in the top five of International Living’s Global Retirement Index…and it has hit number one six times). We want to help you understand why it should be one of your favorites too…that’s why Panama Insider is here. Panama offers many advantages that other countries, especially other countries in this part of the world, simply can’t match. In Panama Insider, you’ll read all the details you’ll need to determine which of its many advantages are best suited to you…and how you can benefit from them. This is not another travel magazine…it's the only Panama publication geared toward people like you, who have serious plans to live or invest here. Whatever your Panama dream, you can make it happen…with our help!

Please contact us if you would like more information or have any questions:

Email: Panama@InternationalLiving.com

or (in Panama) + (507) 212-0344

or (toll-free from the U.S. and Canada): 1-888-884-7792

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