IL Postcard

Do You Know How to Benefit From Panama's Law No. 9?

Date: 03/23/2006

Dear Panama First Alert Reader,

Law No. 9 is the most appealing program of special benefits for foreign residents and retirees you'll find anywhere in the world today. Although it's been in effect since 1987, it hasn't been until recently that Law No. 9, more commonly known as Panama's pensionado program, has received the attention it
deserves.

Now, you may be thinking, "Pensioner? Retiree? That leaves me out."

Not in Panama!

The rules for becoming a pensionado and qualifying for Panama's pensionado program are probably not what you would expect.

For example, even if you're as young as 18 years old, you may apply and qualify as a pensionado in Panama, provided you can show evidence of a guaranteed pension income of $500 per month ($600 per month for a couple).

As long as it's a pension from a government agency (e.g. social security, disability, armed forces) or from a company, you're good to go.

As a qualified pensionado in Panama, you will be entitled to (among the many benefits…):

50% off entertainment--such as movies, theaters, concerts, and sporting
events--anywhere in the country
50% off closing costs for home loans and more…
50% off hotel stays
30% off bus, boat, and train fares
25% off airline tickets
25% off at restaurants
20% off medical consultations
15% off at fast-food restaurants
15% off hospital bills (if no insurance applies)

In addition, you are entitled to a one-time exemption from duties on the importation of household goods (up to $10,000) AND an exemption every two years from duties for the importation of a car.

And since you only need to be 18 to qualify as a pensionado…you may be able to "retire" a lot earlier than you ever dreamed possible.

Add to this all of the exciting opportunities going on right now… the property values that can still be found… the modern infrastructure… an extremely affordable cost of living… the generous tax incentives and privacy laws… and you can see why we consider Panama the best retirement destination and offshore haven in the world right now.

You can find the latest details on law #9, plus the most complete and comprehensive information on how to travel, live, retire, and start a new business in Panama in International Living's just updated Panama: The Owner's Manual. As a Panama Alert reader I would like to extend you an invitation to order this hot-off-the presses manual today…and save more than 20%.

We wish you all the best in your Panama endeavors. I feel certain you'll find Panama: The Owner's Manual valuable (maybe invaluable) as you pursue them. And it's an exceedingly small price to pay for something that could save you days or weeks of misguided effort…and perhaps thousands of mis-spent dollars.

Plus, of course, like everything we do, Panama: The Owner's Manual comes with a full money-back guarantee. And the free special reports that you'll receive when you subscribe are yours to keep, with our compliments (these alone, by the way, are more than worth the cost of the annual subscription), even if you should ever decide to refund.

Find out more about Panama: The Owner's Manual here.

Kathleen Peddicord
Publisher, International Living

P.S. We're happy to extend this special discount offer for 72 hours. Respond in the next three days, and you can order Panama: The Owner's Manual for only $55. Thereafter, the price returns to the standard $69

P.P.S Along with your Panama: The Owner's Manual, you will also receive FREE - our latest hot-off-the-presses special report called: Paradise On The Pacific Coast… The Places To Be Right Now! Panama's Pacific coast is about to explode, and this could be your last chance to get in before the crowds in one of the world's great emerging retirement and travel destinations.