Well, like I said before in a previous article, one of the first great things about retiring in Panama is the weather. Escaping from the freezing cold of a North American city in the winter has to be one of my main reasons from getting the hell out of there in my old age, if you call 54 years old, old. My bones feel the cold too much now, so that’s why I decided to retire in Panama.
There were other reasons why I decided to retire in Panama. You can get some great deals on property in Panama and the government of Panama makes it relatively easy for foreigners to retire in Panama. Other countries make it kind of difficult to retire or else they’ve got political instability and who the hell needs that when you retire? So I like the hot weather, the beaches and the people of Panama. And, I kinda like a peaceful environment for my retirement and who doesn’t. Your working life is full of struggles and who needs the hassle. Retirement in Panama was an obvious choice.
What’s some more great things about retiring in Panama? Well, it’s got a lot to offer. Business wise – Panama has great business capabilities. There’s the Panama Canal the gateway to the Pacific to the Atlantic. Its got some economic free trade zones, which is good for business and shopping.
It’s got an abundance of luxury resorts, spas and hotels which are open for tourism in Panama and also close to Panama City. The Intercontinental Playa Bonita Resort and Spa is only 15 minutes away from the capital city of Panama. There are some fantastic rainforest properties and resorts near at hand. There are properties available in the mountains and villages such as Boquete in Chiriqui province. There is thriving and lively cultural scene in Panama and lots of history.
The way of life is a blend of Latin American/American. The people are so friendly and laid back. It might be the fact that they are close to the beaches, they have a sense of enjoyment of life. It might be because of the time when the Americans were here. They love the festivals, the good life. They call Panama City – the “second Miami”. Sounds good to me.
There are plenty of beach front properties available for your retirement in Panama. Many of the best properties are a couple of hours’ drive from Panama City. The beaches are stunning, and if you like sunbathing, swimming, snorkelling or even surfing, you’ve come to the right place. One thing good about the beach front property in Panama is the price – it’s still affordable and you can even find properties for under a $100,000 US. If you’ve got more in the bank, you can afford higher end real estate, townhouses, villas and more luxurious condos in Panama.
You can buy property on the Atlantic coast of Panama and one of the most popular places to buy is in Bocas del Toro but the property prices are climbing and sometimes you will have title issues on some parts of the Atlantic/Caribbean side. There are still some good deals in real estate on this side of Panama, but you’ll have to take your time in finding them. Buying beach front property on the Pacific side is easier and the prices are more reasonable.
Oh, if you’ve stopped by here recently, you’ll notice that I put up a couple of nice photos from Panama which I found on the web. They are taken by a guy named Seracat. I emailed him and he said it was okay to use them. To me, they are the perfect retirement real estate properties in Panama – I guess I like the simple life. A little hut on the beach in Panama, close to the water, fishing, peace and all the modern amenities, a spoiled old guy like me needs is perfect for retiring in Panama.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment