Retire in Panama City

Retire in Panama City

Retire In Panama City
 

 
Panama City is a great place to retire. Here, you’ll enjoy a low cost of living, welcoming people, an already thriving expat community, affordable, top-notch health care (many doctors are U.S.-trained and speak English) and reasonable property prices.
 
An added bonus is Panama’s famed pensionado program—when you retire in Panama City with this visa, you’re entitled to discounts in restaurants (25%); movie theaters (50%); closing costs for home loans (50%); 15% off hospital bills, and many more benefits. And if you do need hospital care, Panama City has top-notch hospitals where you’ll pay a fraction of what it would cost you back home.
 

Resources

From the Archives of Panama

Quiet Beach Town Living on Panama’s Pacific Coast

Quiet Beach Town Living on Panama’s Pacific Coast

Daily Postcard
By |
May 30, 2016

Santa Catalina is one of those out-of-the-way beach towns with its own quiet charm. As you walk through town along one of the two narrow streets you pass young men with their surfboards under their arms, headed for the break. Kids on bicycles roll past, avoiding a dog or two. The bus from Santiago arrives and a few backpackers get off, hoisting their loads as they're passed down from the top of the bus.

Rent in This Panama Retirement Retreat For $650 a Month

Rent in This Panama Retirement Retreat For $650 a Month

Lifestyle
By |
January 6, 2016

I was tired of working 40, sometimes 50 hours a week as a designer for an international furniture manufacturer. Working on commission only, I often worked on my days off to facilitate clients, and meeting my required goals had become increasingly difficult. Continually declining markets, escalating real estate taxes, and the rising cost of electricity and heating oil were other factors that made me decide it was time for a change.

Infographic—Your Social Security Payments Overseas

Infographic—Your Social Security Payments Overseas

Infographics
By |
September 2, 2015

According to the latest figures from the U.S. Social Security Administration, U.S. retirees overseas received more than $3 billion in social security payments in 2013. That number shows an increase of $160 million since 2012—and has nearly doubled since 2013. In total, 373,224 U.S. retirees received their social security payments as residents of a foreign country in 2013. Europe is home to the most U.S. retirees drawing their social security payments abroad (154,238), followed by Canada and Mexico (95,767), and Asia (70,586).

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