(CTV News) In Panama, a retired American couple can live on the beach and eat farmer's market fruits and vegetables all year-round, without sacrificing the conveniences and amenities of home for $1,500 a month -- all in. The cost of living is low compared to the quality of life in Panama, which is why the Central American country was named the best place to retire in … [Read more...]
Panama economy is booming ahead
(Daily Maverick) Location, location, location. Not only is this the estate agent’s maxim, but is said to be one, too, for development success. Think Singapore, at the trading crossroads of East Asia. Or Hong Kong as China’s entrepot. Or Panama. The completion of the Panama canal 101 years ago, dividing the Central American isthmus, was, even by the standards of today, an … [Read more...]
Retiring to Panama’s Pacific Coast
Peg Fairbairn's 30-year tenure teaching in Texas' public schools was winding down. She was coming face-to-face with retirement and beginning to panic. Fairbairn's partner, April Hess, was still working as an accountant, but didn't want to be for much longer. The pair dreamed of retirement, but had only (USNews) Fairbairn's pension to fund it. With taxes, rent, health … [Read more...]
Guide to Living in Panama for British Nationals
(Gov.uk) This guide sets out essential information for British nationals residing in Panama, including advice on health, education, benefits and more Health If a person requires emergency medical assistance they can dial 911 and ask for an ambulance. Possible hospitals which can be recommended include: Punta Pacifica, 507-204-8000 Paitilla, 507-269-5222 San Fernando, … [Read more...]
Guide to Bank Financing in Panama
(Arco Properties) This week, an interesting article came out in the newspaper about how banks are tightening up procedures to avoid money laundrying. This is a tendency everywhere, Panama is no exception. I thought it would be a good opportunity to remind everyone about the basics of how to apply for financing in Panama. If you are travelling and thinking seriously to buy, it … [Read more...]