You are here :: Panama Real Estate » Retiring-in-panama » Retiremenet-re

Retirement in Panama

Looking for retirement real estate? Why not try Panama? Connecting North and South America, Panama has it all. Come to Panama for attractive retirement laws, great weather, mountain hideaways, two sea coasts, namely the Caribbean and the Pacific, an exciting capital city, and attractive retirement real estate values.

Find your retirement real estate in Panama and take advantage of Panamanian laws allowing you to obtain a long term visa. For example, $500 per month plus $100 per month for each dependent allows retireRetiring in Panamaes to stay indefinately. Retirees are eligible for discounts on prescription drugs, health care services, hospital and dental care as well as lodging, theaters, and restaurants to mention a few. These are only some of the benefits of retiring to Panama.

Look into retirement real estate in Panama and by purchasing property worth $200,000 you become eligible for a "person of means" visa leading to permanent residency.

There are many investment opportunities here as the housing market booms and there are no taxes on your US income.

Health care in inexpensive by US standards. Many Panamanian physicians are US trained. Panama City is a referral destination for Latin Americans seeking the opinion of medical specialists.

Retirement real estate in Panama

You get more retirement real estate value for your dollar in Panama than in the US, Europe or the Caribbean. By the way, paper currency in Panama is the dollar and US coins and Panamanian coins are interchangeable.

Panama retirement real estate values include a 2100 sq ft luxury home in Clayton, in the beautiful old Canal Zone, for $400,000. A beautiful five bedroom property with a pool near the upscale El Dorado mall in Panama City goes for $650,000.

There are private homes and developments on the Pacific and the Caribbean as well as retirement real estate in the interior highlands. A 1 1/4 acre property in Boquete near the Costa Rican border sells for $50,000. Retirement to twelve acres of farmland real estate with a mountain view in Chiriqui will cost $65,000.

Island retirement real estate on Isla Colon, a Caribbean island in Bocas del Toro province, goes for $180,000. Dolfin Bay lots in Bocas del Toro are available for $55,000.

Panama for Retirement

Come to Panama to enjoy the culture, the weather - who ever heard of snow? - fine restaurants in the capital city, sport fishing, surfing, scuba diving, lying in the sun, walking down streets shaded by palm trees or on sandy beaches in the tropical sun. Come to retire in Panama. Retirement real estate here is a better value than in the USA and Panamanian law encourages residency.

Did you know Panama does not have hurricanes? There has never been an earthquake here? Find your retirement property in Panama and live in safety and security.