Top Ten Reasons to Choose Panama for Retirement
Thinking of retirement? Smart people make smart choices.
Read why:
Panama is the smart choice, whether you are thinking of retirement or looking for a second home in a safe, beautiful and inexpensive place.
REASON #1 Panama is Rated the Best Place in the World for a Home outside the USA
Recent press coverage about Panama as a second home and retirement destination has excited a new buzz about the possibilities present in this Central American country.
When the Panama Canal was returned to Panama in 1999, some 50,000 Americans living in the Canal Zone were displaced and now they look to this second home as their “Paradise Lost.” The good news is it does not have to be. At first, there was just a small trickle of US retirees wanting a second home in Mesoamerica where they could get away – far, far away.
But as more and more people are re-discovering their “paradise lost” in Panama, the country is quickly gaining attention as one of the best places to retire.
Indeed, Panama seems ready-made for Americans – safe, politically and economically stable, modern infrastructure, and inexpensive, even more so compared to its other Central American neighbors.
The October 2004 issue of the Conde Nast Traveler described Panama as a retirement destination with the following sentence: “Panama is the new Central American bargain where the US dollar – the market currency – goes a long way.
A former gas company executive spent a year and a half researching a retirement spot with his wife before settling on a 2.4 acre lot on a beach resort near Coronado. ‘We wanted a tropical place with an ocean view in a politically and economically stable country,’ he said. “Panama just kept coming up.”
