International Living ranked Panama the number one place in the world to retire for six consecutive years, and today it remains in our top five. This country has the most advanced and modern infrastructure in Central America…First-World convenience at Third-World prices—you can still take a taxi across town for a couple of dollars, see a movie for under $4, get a trim at the barbershop for $5…or have dinner for two with a bottle of wine at one of the city’s trendy restaurants for just $30.