What do I need to know before retiring in Panama?
When we asked people what advice they would give someone preparing to move to Panama, they said...
"Be prepared to change your life. Leave behind all your pre concieved notions of how it should be, what you need, want, and must have to get by. EVERYTHING is different, embrace it, learn from it, apply what you can to your life but don't come here with demands, strict ideals, uptight lifestyle, and the idea that you are going to save a third world culture from itself. I find the opposite is what happens, it saves you from yourself and what ever madness you left behind," remarked another expat in Boquete, Panama.
"So what is it about Panama that makes it such a retirement haven for retirees all over the world, especially American and Canadian retirees? Is it that Panama is one of the safest countries in Central America, or is it the all-year-round tropical climate? Is it the abundance of American expat retirees, or its lucrative senior citizen programs? The answer is, all of the above and more. Panama is one of the few countries that brings almost everything to the table when it comes to a comfortable life for retirees," wrote Business Panama from Business Panama Group.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
The Business Panama Group (“BusinessPanama”) is a well-established group of companies, professionals and alliance partners promoting and facilitating business, investments, real estate, immigration and tourism in Panama by providing information, business, legal and investment services to individual and corporate investors.
Click connect to have our partner, Business, contact you via e-mail and/or phone.
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Other Questions:
- What do I need to know before moving to Panama?
- How do I find a place to live in Panama?
- What is a typical expat home or apartment like in Panama?
- What is the average cost of housing in Panama?
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- What should I pack when moving to Panama?
- What cultural faux pas should I try to avoid making in Panama?
- Why do people move to Panama?
- What are healthcare services like in Panama?
- What are medical services in Panama like?
- What are typical rents in Panama?
- What appliances are typically included in a rental?
What do I need to know before retiring in Panama?
If you live in Panama, newcomers to Panama would love to hear your answer to this question.
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
