There are dozens of benefits to be realized by investing in Panama.

People are just now discovering the country as a destination where a new, affordable lifestyle is available. Establishing a base outside of the USA or another major industrial country reduces your stress level - dramatically. Simply knowing that you can escape from the high pressure of our industrial society is a great relief. Panama is a safe, tranquil country with friendly environment and a low crime rate.

What most people don’t know is that Panama is also a great place to invest, and offers a very affordable cost of living. There are many fewer restrictions & unnecessary laws than in the USA, and the actually people welcome us in Panama. The country's population is very diverse, and accepting of outsiders. Panamanians are genuinely friendly, and business can be easier to conduct here, once you become familiar with Panama's tax laws. Regulations and taxes are MUCH less repressive and simpler to deal with, as there are fewer of each. Learning about the advantages of offshore investing can be an adventure, and almost anyone can find opportunities in Panama if one comes with an open mind.

When people think of retirement in North America or Europe, the ideal vision is often a paradise type setting, with unending relaxation, with time in your control. Can you afford this where you live ?

In Panama you CAN afford to live a comfortable lifestyle - even if you are living off of your social security check. You might need to rent in that case (if you plan to live only on solely on Social Security income without buying or building a home), but decent apartments and houses can be rented for $200 - $400 per month. Beautiful land can be bought at reasonable prices , and building costs are low.

Panama has attracted thousands retirees because of it's warm temperate climate, beautiful countryside, it's many beaches, great infrastructure and a welcoming culture. More benefits of retiring in Panama are:

Panama’s Pensionado Permanent Visa Program. There are dozens of benefits once you have this visa, including discounts on airline tickets, meals, your medications, and dozens of other items that are routine purchases;
- Under Panama’s Tourist Pensionado Visa, you become a legally permanent resident of Panama and get many benefits of a retiree in Panama - when you become eligible for the program. To get this eligibility, you simply have to demonstrate an income of $600 dollars per month for singles or $800 for couples.
- The pension income typically comes from government agencies such as the Social Security System, Military, Federal, or disability payments, or from a private company with defined pension benefits, or a private trust that you set up with a CPA or Law firm in the USA. Under the pensionado program, the pensioner is entitled to significant discounts on public and private amenities that range from accommodation, health care, entertainment, transportation, property acquisition or loan, and technical or professional services
- Panamanians use two languages, Spanish is the official language but many Panamanians speak English. You can easily relate to the locals in these languages and they are very friendly to foreigners. The dollar is the official currency, but is called the "Balboa" in Panama. Some people live here and never learn Spanish, but learning the basics is a lot simpler than most people think.
- One of the biggest benefits of retiring in Panama is the VERY low cost of living. Panama has the lowest cost of living in Central America. Because prices for goods and services are generally low, you get more savings especially if you earn foreign income.
Affordable real estate with very favorable tax incentives: If you are a foreigner who decides to reside in Panama, you can get property that’s free of property taxes. For example, a 20 year tax exemption exists for new construction. Land registered at a value of less than $30,000 is not taxed either. Finding property that falls into these categories is not difficult. Foreigners have the same property ownership rights as Panamanians.
Many properties are owned by a corporation that you, the owner also will own. There are many great reasons for doing this, all beneficial; ask the people at Panama Farms to explain these benefits to you.
Panama offers wonderful places to stay. You can choose to stay at resorts on beaches, hotels in the mountains or in Panama City, a beautiful new city full of beautiful high rises - a modern city.

In many international and tourism magazines, Panama is listed as one of the world's best retirement destinations. There are good reasons for this; a friendly investing environment, excellent infrastructure; highways, electricity, excellent police coverage. City support services are superior, especially when compared to other small countries. Adapting to life in Panama, coming from any North American or European location can be an exciting and beneficial change. A more relaxed and inexpensive lifestyle is awaiting you.

We'll be adding more information to this site to assist you in researching the country. In the meantime, please look at some of the other pages on our site and let us know how we can help with your questions.