Why Panama?

• Known for its canal, Panama is an undiscovered tropical paradise.
• Excellent first-world infrastructure.
• U.S. Dollar is the currency of trade for over 100 yrs. NO devaluations as in other Latin American countries.
• Panama has a sophisticated capital city and finest ecotourism in Central America.
• Panama City is the banking capital of Latin America with over 130 banks.
• Tax advantages for foreign investors.
• A democratic government.
• Friendly people.
• Tremendous real estate potential.

And so much more... read here Why Live in Panama?

Panama is fast becoming one of the world's top retirement destinations and also a world class tourist location - particularly for adventure and ecotourism. Long overshadowed by its neighbors such as Mexico and Costa Rica where mass tourism is now the norm, Panama has been relatively unknown except to travelers with special interests such as world record deep sea fishing, birding, river rafting and rain forest experiences.

All these exciting opportunities together with gorgeous beaches and great surfing, kayaking and diving, ensure Panama has something for everyone. It has an interesting cultural background, from stone age indigenous peoples (still in evidence) to the history of conquistadors and now a modern society with infrastructure that is first world. Panama is still a country where you can see a myriad of birds including a quetzal while sitting alone in a rainforest, rather than having to join many tourists viewing one quetzal. From the Caribbean to the Pacific, imagine these choices on your doorstep! In addition Panamanians are some of the friendliest people you will ever meet. All this makes Panama and ideal location for retirement or a second home.

Retire and invest where the price is right
PANAMA CITY......Retire in paradise for pennies a day!

Some examples

• $216,000: A 1,200-square-foot, one-bedroom ocean-front condo on a lower floor at the Coronado Bay development on the Pacific.
• $375,000: 3-bedroom, 3-and-a-half-bath "American-style" house in the high-country town of Boquete
• $150-$250 a month: Live-in maid
• $30: Dinner for two in a good restaurant without drinks

Be among the first wave of 79 million U.S. boomers is turning 60 this year. They are retiring earlier than did previous generations. They have unparalleled spending power. They're looking for the Next Great Place, Panama.

At a recent seminar sponsored by a strong promoter of Panama, an American expat real estate agent says he lives like a local but in a 4,000- square-foot house, on about $500 a month. An expat woman boasts she has a very hard working caretaker named who mops floors and manages the grounds for $250 a month. She augments this with tales of sharing a hearty $4.50 lunch with a friend.

The days of Noriega are long gone and Panama is a very peaceful country. You don't have to bother with changing money, because the currency is the U.S. dollar.

There's no definitive count of Americans who have retired to Panama, but one U.S. Embassy estimate says 25,000 to 30,000 are living here. It's just part of a larger U.S. population shift to Mexico, Central America and the Caribbean, says Bob Adams. His company, New Global Initiatives, sponsor of a recent study by the Migration Policy Institute, estimates that at least 1 million Americans live full- or part-time in the region.

One booming retiree haven in Panama is Boquete, a town in the highlands near Costa Rica. The coffee-growing area has been transformed in recent years by housing developments designed to appeal to North Americans. It is estimated that about 500 houses are under construction there.