Panama: the best place to retire

panamaretiredMay 2, 2007

If you are thinking where is the best place to retire, Panama is the best place to do it. I will post here some of my experiences living in this country. If you are interested in know more information let me know.

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mariend

Panama is only one of many places to retire. But medical might be an issue as Medicare may not be accepted as some other insurance plans.

    Bookmark   May 4, 2007 at 4:01PM
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eileenlamp

Please post about Panama. Sounds interesting.

    Bookmark   May 6, 2007 at 2:28AM
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devorah

so.......what is it you particularly like about Panama? Is it inexpensive to live there? Do you speak fluent Spanish? Is there a community of retired Americans? Do you feel that the Panamanians are glad or resentful to have you settle there?

    Bookmark   May 7, 2007 at 7:19PM
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crystal153

I for one would never move to a foreign land. I love my country and I have everything I need right here without having to worry about foreigners resenting me 'cause I'm American.

    Bookmark   May 9, 2007 at 10:25AM
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panamaretired

Dear friends,

Sorry for my late answer, i was enjoying some days at a beautiful place called bocas del toro here in panama.

http://www.puntacaracol.com/

I want to make some comments about your postings.

Devorah,

Yes is inexpensive to live here. To get cars, apartment or anything is really inexpensive. I bought my condo in 150k. To get properties in the mountain or the caribbean is cheap too. When i came here my first time i made contact with a local company called Management 507, that is a property management service company, they helped me a lot with anything that i need.

I do not speak fluent spanish yet, but is not a problem. Almost the 75% of the places here speak fluent english. and spanish is not so hard to learn(i have 68 years old).

Is true as crystal153 says some people would never move outside US, but there is people like me that moving outside is not a problem. I found here a really good medical programs.

The point here is for somebody that knows about the hard part of be retired, taxes, etc Panama is the right place to go. Im not the only one that say so ;)

    Bookmark   May 9, 2007 at 2:26PM
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rivkadr

Why do I suspect that English is not your first language?

    Bookmark   May 11, 2007 at 4:06PM
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JerriEllijay

Rivkadr: LOL!

    Bookmark   May 13, 2007 at 7:42AM
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bill_h

sounds interesting, my kind of weather. but how about safety?? if something happens do they round up the americans and hold us hostage?? do they really hate americans???? thats always kept me from leaving this country. if i could feel safe there, i`d be there, instead of fla. still have 4 yrs til i retire, target is fla, but i would be willing to look elsewhere, as long as its hot.

    Bookmark   May 13, 2007 at 11:56PM
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panamaretired

For those who think that english is not my first language, you are right. I was born in germany, and lived all my live in germany. I dont think is a reason to make fun.

bill_h:

Safety is not a problem, is a common way of thinking that people hate americans or any kind of forigner, but so far i havent seen that here. bill if you are really interested in get more information from here please contact me by mail to: alex.c031@gmail.com

I will help you to get more information.

    Bookmark   May 17, 2007 at 2:51PM
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kayjones

Panama, I don't think anyone was making fun of you - just asking.

    Bookmark   May 31, 2007 at 12:05PM
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