Retiring to Panama will change your life for the better, and give you the opportunity to spend your best years in the sun, sand, and community you deserve. Planning a retirement in Panama can be fun, full of daydreaming, and very informative. With so much information available to you about the technical aspects of the process (visas, real estate, banking, healthcare), we’ve decided to focus on some of the more fun stuff. Here are four things you’ll have to look forward to when retiring to Panama.
1. Great Weather:
Sell your winter clothes, toss that snow shovel in the trash, and never again have to bundle up under thick blankets. Panama’s weather is IDEAL for retirees, as it’s warm all year round, with 12 hours of daytime, even in the “winter.” Granted, Panama does have a rainy season for about half a year, but even then, the rains usually only last a few hours, and you’ll still have some great sunlight, and warm weather to enjoy the outdoors. Within the warm weather of Panama, you’ll also find micro climates. This means that if the coastal heat is too much for you, you can head up to the mountains for crisper, cooler air, that’s still warm enough to not need a heater or jacket, but cool enough that you won’t be overwhelmed by the tropical temps.
2. Affordable Healthcare:
This is one of the biggest perks, and most exciting parts for many expats moving to Panama, whether retirees or not. Panama has very affordable healthcare in the private sector, and FREE healthcare in the public sector, available for all its residents, regardless of age. You’ll find that any of your healthcare needs, whether a simple check-up or surgery, will cost a fraction of what it does in many parts of the world. You’ll also find good quality healthcare services, and great doctors, especially in Panama City in some of the private hospitals and health centers.
3. Diverse Real Estate Market:
Real estate can seem like a chore if the demand outweighs the supply, or if the type of real estate offered is limited in scope. Luckily, this isn’t the case in Panama. Panama’s real estate market is incredibly diverse as far as property types, age, construction, location, and price. Whether you choose to buy or rent (we recommend renting before you buy), you will find something that suits you, and your budget, without much trouble. This goes for most of the country, especially in the expat areas, and other locations that are popular amongst Panama’s retirement community. Don’t forget to contact us to find our real estate partners!
4. Quality of Life:
From good food to new friends, sunsets on the beach, hikes in the mountains, and coffee tours, you’ll find so much fun packed into such a small country. Panama is all about the “laid back” lifestyle, and this is a big draw for retirees from all over the world. You’ll immediately notice your stress levels going down, and learn how to not sweat the small stuff. Panama is a live and let live society, and that’s part of what makes it so great. Whatever lifestyle you choose, you’ll find it here in Panama, and at a pace that works for you, and helps you live your retirement years in peace and tranquility.
