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.
 

From the Archives of Panama

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.

Banking and Social Security When You Move Overseas

Banking and Social Security When You Move Overseas

“It’s easy to get your Social Security benefits abroad if you wish,” says IL Mexico Editor Glynna Prentice. “Arguably the easiest way to get them abroad is by electronic transfer to your local foreign bank account in the foreign country. However, “not all foreign banks will accept direct deposits of U.S. Social Security checks, so if you want your Social Security delivered to a local bank, make sure to choose one that does,” says Dan Prescher.

Enjoy Beach Life All Year Round in Panama

Enjoy Beach Life All Year Round in Panama

Beach Living
By |
October 19, 2015

With the coming of fall, my family and friends in the States find themselves thinking of the long, cold winter approaching. It's not just the ice and snow they have to cope with, but the enormous heating bills, and not being able to enjoy the outdoors. But not me...living in Panama I don't ever have a heating bill and I haven't seen snow in years. The great outdoors is my playground all year round here in the Chiriqui province of western Panama. And that includes being able to go to the beach anytime I want.

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).

To Have or to Lease: A Global Guide to Property Ownership Rules and Restrictions

To Have or to Lease: A Global Guide to Property Ownership Rules and Restrictions

Real Estate
By |
February 5, 2010

Thinking about acquiring a second home abroad? Worried about the stories you’ve heard? The ones where, having written the last check to the real estate agent, local officials knock on your new door to inform you that you don’t actually own your bijou residence on the beach…you were misinformed and you need to move out Read more...: To Have or to Lease: A Global Guide to Property Ownership Rules and Restrictions