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 (living solely on S.S. income), but decent apartments and houses can be rented for $200/month. Beautiful land can be bought at reasonable prices through us. Our land parcels are priced at a fraction of the per-acre cost of almost all of the land that's being sold in Boquete today.

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

More benefits of retiring in Panama are:

• Panama’s Pensionado Permanent Visa Program.

  • Under Panama’s Tourist Pensionado Visa, you become a permanent resident of Panama and get many benefits of retirees 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 typically should come 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.
• 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. 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, 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 many good reasons for this; a friendly investing environment, excellent infrastructure; highways, electricity, excellent police coverage and 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.