Boquete is rapidly becoming famous for several reasons. Its natural beauty is breathtaking; the coffee grown there rivals other top coffee producing nations; and its proximity to sightseeing and recreational activities is second to none. It is cooler, temperature wise than is Panama City and is cooled by the fresh mountain breezes. And now, there is a booming real estate market in Boquete as well. You have to come to Boquete to really appreciate how special it is. It’s a wonderful choice of location for retirement in Panama.
Boquete is a small town situated in the highlands of Panama’s western-most province of Chiriqui. But, don’t let its size fool you; it has a lot to offer if you are looking for real estate in Boquete.
Boquete is a safe place, as is the entire country, generally speaking. It boasts a democratic form of government that is more stable than most Latin American countries and in fact, since 1989 there has been a constitutional prohibition on having a military.
In general, Panama has low real estate taxes and has many incentives for foreign investors to invest in properties in the country. In fact, if the registered value of your property is below a certain low threshold you do not pay any property tax at all. One such incentive offers a property tax exemption that may entitle you to be exempt for up 20 years. This also includes building permits for improvements or renovations to your property. For details, confirm with the local Government’s municipal office in Boquete, Panama.
Also, Panama benefits from nearly 100 years of American presence in offering an infrastructure that you are familiar with. English is the second language in Panama and is widely spoken. Not only will you find restaurants and professional services including TV, Internet and cell phone networks, you will have access to medical facilities that are on par with North American standards.
There are a wide variety of real estate properties in Boquete available and the equally accessible price points that they have, make Boquete a desirable setting for your retirement that you can really believe in.
Among the many properties available you will find in Boquete include: quiet private residential communities, single-family homes, retirement communities, gated and resort communities, condominiums and there are many vacant lots that are available for development. And as labour costs are low, you can build your dream house in Boquete.
Property ownership in Boquete is easy to achieve and has few restrictions for foreigners. Be sure to consult a qualified Panamanian lawyer regarding any technical aspects of property ownership. Also, you will find that their rates are a fraction of what you would pay a lawyer where you live now.
Panama’s real estate market has proven to be a solid venture through the years and has been appreciating quite steadily and as interest and growth increases so do the real estate values. Property real estate prices have increased and the time is now to invest in the real estate market now. Panama’s whole economy is growing and with the expansion of the Panama Canal to be completed in a few years, prices will climb higher and higher because of its booming economy.
The influx of international real estate firms such as Century 21 and Coldwell Banker attests to the growth. Also, major financial institutions have followed suit such as HSBC, Lloyds and Citibank in order to provide financial services for all the growth that has been occurring.
You will find the house you are seeking for your retirement in Panama in charming Boquete with quality construction offering North American and European finishes. You can find a retirement property in Boquete with mountain, valley or volcano views. Can you imagine?
So, come join the growing ex-pat community in Boquete and benefit from the comfortable climate, clean water, fresh air, low cost of living and the tranquility that is Boquete, Panama, the place to retire in Panama.
Showing posts with label retire in Panama. Show all posts
Showing posts with label retire in Panama. Show all posts
Friday, August 14, 2009
Saturday, July 25, 2009
Time to go check out Bocas del Toro Real Estate
It was time for me to go to Bocas del Toro to check out the real esate in the town. We drove to Almirante and took the ferry. Stayed for a week. You can do this when you retire in Panama. I don’t have a schedule. I refuse to have a schedule for the rest of my retirement. I am not rushing anywhere. I do not have a schedule, that's my rule. I might make it to catch a plane but that's about it.
The Bocas del Toro archipelago, located amidst spectacular scenery in the northwestern part of Panama is a favorite with tourists and people from around the world wanting to retire in Panama. The natural beauty of the place is such that almost anyone would be enticed to settle down here. No wonder Bocas del Toro real estate is among the most sought after in Panama. As a matter of fact, Panama real estate, whatever may be the part of the country, is in great demand these days. Even with the world wide recession. The good news I found is that there are plenty of properties in Bocas del Toro that are still available, including condos and single family dwellings.
Although you can easily find details about properties in Bocas del Toro, you should always make it a point to visit the place in person which I did, before I make a purchase decision. Since a lot of paperwork is involved in the process, I did a bit of online research on Bocas, the construction companies and the real estate firms I might deal with. You should not take any decision in haste. I didn’t. Time is my friend. Shopping around is the key to finding the right Bocas del Toro real estate. Real estate agents are a good source of information but try to have contact with more than just one agent. I do. It’s good to get different information from different sources. Try and have a look at as many properties up for sale, as possible and that’s what I’m doing. This is the best way to clinch the right deal when it comes to Panama real estate.
Life here has the Latin American spirit but English is spoken widely. I still believe if you are going to live here, you should learn Spanish. Bocas del Toro has been growing into a new vacation destination for people looking to escape the cold winters of the north. It offers some of the best priced beach front properties in the world. So we went to take a look.
For a little bit of history for you, it's a diverse place and Bocas is the home for at least two of the indigenous peoples. You can visit their villages by invitation when you go there. See how they have lived for 1000’s of years. The villages are located within Bastimentos National Marine Park, one of Panama’s national parks.
The town of Bocas situated on the south eastern tip of Isla Colon and has a modern infrastructure, with a treated water system, paved streets, a hospital with ambulance service, restaurants, a few new hotels, internet services, cable TV, and even a fire department. How do you get to Bocas? Travel is easy, either by air, land or sea. You can catch one of several flights from Panama City. There is also a water taxi service from Almirante or you can drive your car and take the ferry from Almirante. Like I said, we drove and took the ferry. I wanted to soak in the scenery so I took the scenic root. I am not in the habit of rushing anymore.
On the islands with their beautiful beaches, you can witness the rainforests and all the tropical wildlife and greenery. The birds and mammals (turtles), mangroves, and coral reefs are spectacular. We spent some time there snorkeling close to Cayo Nancy. Watched the surfers at Punch Beach. Walked along the beaches for miles and miles. Visited one of the most beautiful beaches in the world with the strange name of Red Frog Beach. Took pictures. Ate one of the best Panama meals I’ve had at a little restaurant called Guari Guari. Meal was about $20, tons of food. Delicious!
There has been a real estate boom in Bocas, along with a quick growth in tourism to Bocas del Toro. Real estate prices have risen as a result but you can still find some good buys if you are looking to retire in Panama. You have to check out the Bocas del Toro real estate.
The Bocas del Toro archipelago, located amidst spectacular scenery in the northwestern part of Panama is a favorite with tourists and people from around the world wanting to retire in Panama. The natural beauty of the place is such that almost anyone would be enticed to settle down here. No wonder Bocas del Toro real estate is among the most sought after in Panama. As a matter of fact, Panama real estate, whatever may be the part of the country, is in great demand these days. Even with the world wide recession. The good news I found is that there are plenty of properties in Bocas del Toro that are still available, including condos and single family dwellings.
Although you can easily find details about properties in Bocas del Toro, you should always make it a point to visit the place in person which I did, before I make a purchase decision. Since a lot of paperwork is involved in the process, I did a bit of online research on Bocas, the construction companies and the real estate firms I might deal with. You should not take any decision in haste. I didn’t. Time is my friend. Shopping around is the key to finding the right Bocas del Toro real estate. Real estate agents are a good source of information but try to have contact with more than just one agent. I do. It’s good to get different information from different sources. Try and have a look at as many properties up for sale, as possible and that’s what I’m doing. This is the best way to clinch the right deal when it comes to Panama real estate.
Life here has the Latin American spirit but English is spoken widely. I still believe if you are going to live here, you should learn Spanish. Bocas del Toro has been growing into a new vacation destination for people looking to escape the cold winters of the north. It offers some of the best priced beach front properties in the world. So we went to take a look.
For a little bit of history for you, it's a diverse place and Bocas is the home for at least two of the indigenous peoples. You can visit their villages by invitation when you go there. See how they have lived for 1000’s of years. The villages are located within Bastimentos National Marine Park, one of Panama’s national parks.
The town of Bocas situated on the south eastern tip of Isla Colon and has a modern infrastructure, with a treated water system, paved streets, a hospital with ambulance service, restaurants, a few new hotels, internet services, cable TV, and even a fire department. How do you get to Bocas? Travel is easy, either by air, land or sea. You can catch one of several flights from Panama City. There is also a water taxi service from Almirante or you can drive your car and take the ferry from Almirante. Like I said, we drove and took the ferry. I wanted to soak in the scenery so I took the scenic root. I am not in the habit of rushing anymore.
On the islands with their beautiful beaches, you can witness the rainforests and all the tropical wildlife and greenery. The birds and mammals (turtles), mangroves, and coral reefs are spectacular. We spent some time there snorkeling close to Cayo Nancy. Watched the surfers at Punch Beach. Walked along the beaches for miles and miles. Visited one of the most beautiful beaches in the world with the strange name of Red Frog Beach. Took pictures. Ate one of the best Panama meals I’ve had at a little restaurant called Guari Guari. Meal was about $20, tons of food. Delicious!
There has been a real estate boom in Bocas, along with a quick growth in tourism to Bocas del Toro. Real estate prices have risen as a result but you can still find some good buys if you are looking to retire in Panama. You have to check out the Bocas del Toro real estate.
Thursday, May 14, 2009
Retirement Life in Panama
It was not a hard decision, the decision to retire in Panama. I guess I got sick of the cold weather like I’ve already mentioned and wanted something really different. Something tropical. Good weather, I don’t mind the rain when it rains. Life in Panama, I am addicted to it.
I first visited Panama City and it was may the friendly people, the smells, the bustling streets, the music, the tropical, Latin American, Spanish, Miami Beach feeling you get when you’re here. This beautiful mix of the city on the ocean bay, the high rises of the banking district, the old world charm of Casco Viejo.
The beer is cheap here, the women are proud to be women. Everybody dresses nicely, clean clothes, ironed shirts, shoes polished. It’s laid back in that Caribbean kinda way, but the city hustles and bustles. The food in Panama is good, from fish to fusion, open air bistros, street vendors. The entertainment scene is always evolving. The night life is jam packed with locals, in the bars, in the streets, tourists, businessmen and women drinking up and having fun. The music never ends, the nights go on forever or so it seems.
In the bay, yachts, boats, fisherman, cruise liners, freight ships lining up to pass through the Panama Canal. Mountains in the distance. Music in the air. The beeping horns of taxis and crazy drivers.
Most of all I don’t have many complaints. Yes, the electricity is expensive, but the food, the beer, the entertainment and health care is reasonable and cheap. My rent is cheap. And life is good, very good.
I’ve been thinking that I’ll write soon about the night life in Panama, the food. Gotta get to it. I’ve not been posting on my blog as often as I wanted to. Just been lazy I guess.
I’m just loving my life from my little apartment in Panama. My Spanish is improving. The air is sweet and humid. I’ve met so many people here, I could never go back to the cold north. Living the life – that’s my retirement in Panama. I’m an ex-pat now.
I first visited Panama City and it was may the friendly people, the smells, the bustling streets, the music, the tropical, Latin American, Spanish, Miami Beach feeling you get when you’re here. This beautiful mix of the city on the ocean bay, the high rises of the banking district, the old world charm of Casco Viejo.
The beer is cheap here, the women are proud to be women. Everybody dresses nicely, clean clothes, ironed shirts, shoes polished. It’s laid back in that Caribbean kinda way, but the city hustles and bustles. The food in Panama is good, from fish to fusion, open air bistros, street vendors. The entertainment scene is always evolving. The night life is jam packed with locals, in the bars, in the streets, tourists, businessmen and women drinking up and having fun. The music never ends, the nights go on forever or so it seems.
In the bay, yachts, boats, fisherman, cruise liners, freight ships lining up to pass through the Panama Canal. Mountains in the distance. Music in the air. The beeping horns of taxis and crazy drivers.
Most of all I don’t have many complaints. Yes, the electricity is expensive, but the food, the beer, the entertainment and health care is reasonable and cheap. My rent is cheap. And life is good, very good.
I’ve been thinking that I’ll write soon about the night life in Panama, the food. Gotta get to it. I’ve not been posting on my blog as often as I wanted to. Just been lazy I guess.
I’m just loving my life from my little apartment in Panama. My Spanish is improving. The air is sweet and humid. I’ve met so many people here, I could never go back to the cold north. Living the life – that’s my retirement in Panama. I’m an ex-pat now.
Sunday, February 1, 2009
Benefits to Retiring in Panama
Many North Americans now have another place to retire. Besides Florida and New Mexico, Panama Central America is now one of the best places to retire. So what is the big deal with Panama?
Economy in Panama:
The North American economy has taken a big downturn and costs of living have risen drastically over the last decade. Not so in Panama. The country’s economy has proven rock stable and with more ships passing through the Panama Canal, foreign trade has never been better. Further, Panama has established a solid infrastructure in its backing and agriculture industries.
The American dollar is widely used all over the country. One does not have to worry about currency conversions and other charges.
Climate in Panama:
The climate of Panama is exceptionally beautiful. All year warm weather along the sea and nice cool air high in the mountains. Of course, there is no snow in this tropical country. For both young and old, Panama has a little of everything.
People in Panama:
The people in Panamaare very friendly and accustomed to foreigners. Having had an American presence in the country for many years has also resulted in the availability of many North American products.
Cost of Living in Panama:
The cost of living in Panama is much lower than most countries in Europe or America. The quality of life is high and the government offers many social services for retirees.
For the retiree in Panama, one can get discounts on shopping, air flights, prescription drugs, dental visits, electric bills, telephone and water bills. In addition, one can bring in all the household goods free of tax and import a new car every 2 years- as long as this is for private use.
Most of Panama is well developed and basic services like hospitals, banking, shopping and postal services can be found in all towns. For those who are interested in buying real estate in Panama, there are some rules and regulations that need to be followed. It is best to get a local lawyer before investing in any property in Panama. While it is not difficult to buy property, one should be well read and knowledgeable about the basics of real estate laws.
The qualifications for a retiree to come to Panama include that he or she be in relatively good health, have a valid passport and have an income of at least $1,000 US per month.
Foreigners who buy property in Panama enjoy the same rights and protection as native Panamanians. Panama has no income tax on whatever you bring from outside the country.
The best advice to all people who want to retire in Panama is to go and see the country first. Take a trip and visit the many towns and cities. Ask questions, go slow and be informed. Panama, unlike many other South American countries has a stable government, and is an inexpensive country and friendly. The best advice can be obtained from retires who already live in Panama. You will see only happy faces!
Economy in Panama:
The North American economy has taken a big downturn and costs of living have risen drastically over the last decade. Not so in Panama. The country’s economy has proven rock stable and with more ships passing through the Panama Canal, foreign trade has never been better. Further, Panama has established a solid infrastructure in its backing and agriculture industries.
The American dollar is widely used all over the country. One does not have to worry about currency conversions and other charges.
Climate in Panama:
The climate of Panama is exceptionally beautiful. All year warm weather along the sea and nice cool air high in the mountains. Of course, there is no snow in this tropical country. For both young and old, Panama has a little of everything.
People in Panama:
The people in Panamaare very friendly and accustomed to foreigners. Having had an American presence in the country for many years has also resulted in the availability of many North American products.
Cost of Living in Panama:
The cost of living in Panama is much lower than most countries in Europe or America. The quality of life is high and the government offers many social services for retirees.
For the retiree in Panama, one can get discounts on shopping, air flights, prescription drugs, dental visits, electric bills, telephone and water bills. In addition, one can bring in all the household goods free of tax and import a new car every 2 years- as long as this is for private use.
Most of Panama is well developed and basic services like hospitals, banking, shopping and postal services can be found in all towns. For those who are interested in buying real estate in Panama, there are some rules and regulations that need to be followed. It is best to get a local lawyer before investing in any property in Panama. While it is not difficult to buy property, one should be well read and knowledgeable about the basics of real estate laws.
The qualifications for a retiree to come to Panama include that he or she be in relatively good health, have a valid passport and have an income of at least $1,000 US per month.
Foreigners who buy property in Panama enjoy the same rights and protection as native Panamanians. Panama has no income tax on whatever you bring from outside the country.
The best advice to all people who want to retire in Panama is to go and see the country first. Take a trip and visit the many towns and cities. Ask questions, go slow and be informed. Panama, unlike many other South American countries has a stable government, and is an inexpensive country and friendly. The best advice can be obtained from retires who already live in Panama. You will see only happy faces!
Monday, January 26, 2009
Retirement Properties in Panama
Lately, I've been looking at properties in Panama. I’m just sitting here on my balcony, reading the paper – La Prensa, practicing my Spanish, drinking my coffee in Panama City, enjoying my retirement in Panama. It’s a Sunday morning, early, about 8:30. It rained for about five minutes earlier this morning but the day is warming up to it’s usual humid, beaming down on your head heat. I like that, much better. Rather have the heat and humidity than the freezing cold wind in your face and trudging over the snow as it squeaks underfoot. Brrrr!
Currently, I’m renting an apartment in Panama, getting adjusted to life in Panama and perfecting my Spanish. I am searching for a property in Panama, but I’m looking around before I buy because I don’t want to make the wrong choice. I want to buy the right house or condo for me. I actually want beach front property, but that’s just my personal choice. There are real estate agents in Panama who are all leaping up to help me. Tomorrow, I am headed up to Bocas del Toro to look at properties there. There’s plenty of websites available about properties in Panama and if you have a look, you can see there are all prices ranges for property, varying locations all over the country, both beachfront and mountain and city locations. The price ranges I’ve seen go from anywhere like as low as $70,000 and up. Much cheaper to retire in Panama than in the United States and there are deals to be had, for sure. I’ve got an appointment tomorrow with one who is going to show me some of the properties in Panama that are available for me to my exact specifications.
So far, I’ve looked at properties in Panama in Playa Serena, Vista Mar, Santa Clara and Coronado and Tucan Country Club on a real estate tour of Panama. I decided to take to get a good overview of what’s available. I want a beachfront property in Panama, nothing too big, just two bedrooms – that’s all I need. An extra bedroom for an office space and perhaps some of my guests. I could get a three bedroom place, depending on whether I think my kids are going to come down often enough. I’ve already got friends emailing me telling me they are coming down to visit when I get my place.
There are lots of benefits added to retire in Panama and the government of Panama made it pretty easy to do so with the Panama Retired or Pensioner visa – the Visa Pensionado. The Visa Pensionade allows foreigners to get legal residency in Panama if they have a pension or are retired. The minimum age is 18. You have to show that you earn at least $500 US per month with your retirement income and that this income last for life. The complete rules for immigration to Panama for retirees are pretty standard and simple to follow. Sometimes you can get a real estate company in Panama or a Panamanian lawyer to handle all this for you.
The Panama government also allows all kinds of discounts and for retirees in Panama which is an added bonus. I haven’t heard of any other country in the world that makes it this easy for you to retire in their country.
Here’s a list of the discounts you can get if you are a retired pensioner in Panama, age 55 or over:
So, as far as my decision to retire in Panama goes, I’m one happy guy. The prices for property in Panama are very reasonable, the people are friendly, the weather is great. I can’t complain. It’s safe here and the music is drifting out from somewhere. The sun is starting to beam down hot. Living in Panama is a dream come true.
Currently, I’m renting an apartment in Panama, getting adjusted to life in Panama and perfecting my Spanish. I am searching for a property in Panama, but I’m looking around before I buy because I don’t want to make the wrong choice. I want to buy the right house or condo for me. I actually want beach front property, but that’s just my personal choice. There are real estate agents in Panama who are all leaping up to help me. Tomorrow, I am headed up to Bocas del Toro to look at properties there. There’s plenty of websites available about properties in Panama and if you have a look, you can see there are all prices ranges for property, varying locations all over the country, both beachfront and mountain and city locations. The price ranges I’ve seen go from anywhere like as low as $70,000 and up. Much cheaper to retire in Panama than in the United States and there are deals to be had, for sure. I’ve got an appointment tomorrow with one who is going to show me some of the properties in Panama that are available for me to my exact specifications.
So far, I’ve looked at properties in Panama in Playa Serena, Vista Mar, Santa Clara and Coronado and Tucan Country Club on a real estate tour of Panama. I decided to take to get a good overview of what’s available. I want a beachfront property in Panama, nothing too big, just two bedrooms – that’s all I need. An extra bedroom for an office space and perhaps some of my guests. I could get a three bedroom place, depending on whether I think my kids are going to come down often enough. I’ve already got friends emailing me telling me they are coming down to visit when I get my place.
There are lots of benefits added to retire in Panama and the government of Panama made it pretty easy to do so with the Panama Retired or Pensioner visa – the Visa Pensionado. The Visa Pensionade allows foreigners to get legal residency in Panama if they have a pension or are retired. The minimum age is 18. You have to show that you earn at least $500 US per month with your retirement income and that this income last for life. The complete rules for immigration to Panama for retirees are pretty standard and simple to follow. Sometimes you can get a real estate company in Panama or a Panamanian lawyer to handle all this for you.
The Panama government also allows all kinds of discounts and for retirees in Panama which is an added bonus. I haven’t heard of any other country in the world that makes it this easy for you to retire in their country.
Here’s a list of the discounts you can get if you are a retired pensioner in Panama, age 55 or over:
- 50% off entrance to recreation and entertainment activities, such as theaters, movies, sports and other public productions
- Public transportation
- 25% discount off the price of airfares
- Discounts at hotels and motels
- 25% discount at restaurants
- 15% discount at fast food restaurants
- 20% discount for consultation fees for hospitals and private clinics
- 15% discount for dental services
- 15% discount for optometrists
- 20% discount for technical and professional services
- 50% discount for passports
- 25% discount for electricity
- 25% discount for phone services
- 25% discount for the water bill
So, as far as my decision to retire in Panama goes, I’m one happy guy. The prices for property in Panama are very reasonable, the people are friendly, the weather is great. I can’t complain. It’s safe here and the music is drifting out from somewhere. The sun is starting to beam down hot. Living in Panama is a dream come true.
Sunday, January 18, 2009
Retirement in Panama – a Viable Option
For many people, where to retire is an issue. I’m suggesting a retirement in Panama for you to consider because I’m here and assured I have made the correct decision with my life and retirement plans. Most of use would like to retire in sunny Florida or California. However, both these places have become to be very expensive, housing has gone up exorbitantly in cost and the daily cost of living is continuing to increase. Also, Florida is congested with too many tourists, too many retirees and also has many hurricanes- which is okay but one has to have expensive home insurance.
One of the newest places to retire is Panama Central America. If there is paradise, then it has to be this country. With two oceans on either side of the country, this peaceful haven is a much sought after destination for many Americans and Europeans. The country has a heavy Spanish/American influence but has all the amenities of the North America lifestyle. The country is blessed with year around warm weather, a lush countryside, minimal crime and wonderful scenery. Some call Panama City the Paris of South America, others call it “the second Miami”.
For North Americans, there is no difficulty in getting a visa for retirement. The country, in fact, encourages people to buy Panama property and to retire in Panama. Property is much cheaper than most North American real estate. For a first time visitor, buying property is not the first thing to do. One must go and get to know the place first. There are ample real estate agents in Panama City. The laws of buying Panama real estate are similar to North America and there are safe guards to prevent fraud. However, it is wise to conduct all real estate dealings with the help of a Panamanian lawyer. It also helps if you speak a bit of Spanish which isn’t difficult to learn. Any foreigner who purchases a home which is worth more than $200,000 is entitled to a residency visa.
Since the country is situated on the Panama Canal, it has some of the best banking facilities in all of America. There are, at last count, 85 international banks located in Panama City. Money transfers, withdrawals, ATM machine and credits cards are widely used.
Moving to Panama is not a big deal; most airlines fly to Panama City from major cities in North America. For those thinking about retirement in Panama, there are no taxes on household goods up to $ 10,000. Even a car can be shipped. Shopping is very similar to North America and the prices are the lowest because of the lowest tariff rates in all of the Americas. This is because of the free trade zone and the Panama Canal. However, Panama does not have as many furniture stores and not many sales or discount stores. Because some parts of the countryside still have power outages, it is best to buy American products which can withstand the abuse of these power surges.
Living in Panama is easy. Grocery shopping is even better than North America, hey, it’s cheaper! Panama grows a wide variety of tropical fruits, vegetables, locally grown coffee and most North American foods are readily available at a lower cost. One of the other great benefits of retiring in Panama is that the cost of a maid is less than $200 a month.
The country has a solid infrastructure and both transportation and communication are first rate. High speed internet is easily available in the country.
For the retiree, the Panamanian government has created lots of perks, making retirement in Panama simpler, irrespective of citizenship. One is entitled to many discounts on loans, airline tickets, hotel accommodation, dental and prescription medications, health care services, monthly energy and phone bills and so on.
Currently there are thousands of North Americans who have made the choice to retire in Panama and they love it. It’s been a warm day, I read some online news about how cold it’ been in Canada and the northeastern United States. It’s been a warm day here, a little on the warm side. I see the beach, serene, always there, with those lush palm trees. The sky is a gorgeous blend of pinks, purples, and blues. It’s early evening, now, and I’m watching the sun set from the verandah, laptop on my table, updating my blog with this article, really, really enjoying my Panama retirement. You couldn’t pay me to miss the snow.
One of the newest places to retire is Panama Central America. If there is paradise, then it has to be this country. With two oceans on either side of the country, this peaceful haven is a much sought after destination for many Americans and Europeans. The country has a heavy Spanish/American influence but has all the amenities of the North America lifestyle. The country is blessed with year around warm weather, a lush countryside, minimal crime and wonderful scenery. Some call Panama City the Paris of South America, others call it “the second Miami”.
For North Americans, there is no difficulty in getting a visa for retirement. The country, in fact, encourages people to buy Panama property and to retire in Panama. Property is much cheaper than most North American real estate. For a first time visitor, buying property is not the first thing to do. One must go and get to know the place first. There are ample real estate agents in Panama City. The laws of buying Panama real estate are similar to North America and there are safe guards to prevent fraud. However, it is wise to conduct all real estate dealings with the help of a Panamanian lawyer. It also helps if you speak a bit of Spanish which isn’t difficult to learn. Any foreigner who purchases a home which is worth more than $200,000 is entitled to a residency visa.
Since the country is situated on the Panama Canal, it has some of the best banking facilities in all of America. There are, at last count, 85 international banks located in Panama City. Money transfers, withdrawals, ATM machine and credits cards are widely used.
Moving to Panama is not a big deal; most airlines fly to Panama City from major cities in North America. For those thinking about retirement in Panama, there are no taxes on household goods up to $ 10,000. Even a car can be shipped. Shopping is very similar to North America and the prices are the lowest because of the lowest tariff rates in all of the Americas. This is because of the free trade zone and the Panama Canal. However, Panama does not have as many furniture stores and not many sales or discount stores. Because some parts of the countryside still have power outages, it is best to buy American products which can withstand the abuse of these power surges.
Living in Panama is easy. Grocery shopping is even better than North America, hey, it’s cheaper! Panama grows a wide variety of tropical fruits, vegetables, locally grown coffee and most North American foods are readily available at a lower cost. One of the other great benefits of retiring in Panama is that the cost of a maid is less than $200 a month.
The country has a solid infrastructure and both transportation and communication are first rate. High speed internet is easily available in the country.
For the retiree, the Panamanian government has created lots of perks, making retirement in Panama simpler, irrespective of citizenship. One is entitled to many discounts on loans, airline tickets, hotel accommodation, dental and prescription medications, health care services, monthly energy and phone bills and so on.
Currently there are thousands of North Americans who have made the choice to retire in Panama and they love it. It’s been a warm day, I read some online news about how cold it’ been in Canada and the northeastern United States. It’s been a warm day here, a little on the warm side. I see the beach, serene, always there, with those lush palm trees. The sky is a gorgeous blend of pinks, purples, and blues. It’s early evening, now, and I’m watching the sun set from the verandah, laptop on my table, updating my blog with this article, really, really enjoying my Panama retirement. You couldn’t pay me to miss the snow.
Saturday, January 10, 2009
What’s So Great About Retiring in Panama
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.
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.
Wednesday, January 7, 2009
Retire in Panama | A Dream Come True
To retire in Panama is something that many people around the world dream of these days. The sunny weather, miles of beaches and low cost of living are some of the attractions that is drawing retirees to this beautiful country. A peaceful retirement in Panama coupled with the lure of plenty of ecotourism and adventure is something that you can look forward to in Panama.
For a long time, Panama was overshadowed by some of its Central and South American neighbors. It is not the case anymore with Panama fast becoming the most preferred destination of retirees from various different parts of the world. People can look forward to a peaceful retired life enjoying myriad activities ranging from bird watching to deep sea fishing or long strolls along sandy beaches in Panama.
With so many attractions on offer it is no wonder that Panama is ranked as the top destination for retirement these days. One of the reasons for this popularity is the sheer variety of landscape available in Panama. On the one hand you can find palm fringed beaches stretching for miles together, while on the other hand you can find mountainous areas offering you the best of rainforest experience. Moreover, whatever may be the kind of landscape you are looking for the common factor of affordability is another reason for the immense popularity that Panama enjoys as a retirement destination.
The government of Panama has realized the potential of the country as a perfect place for retirement and has left no stone unturned to tap its potential. Panama City, the capital, for instance boasts of world-class infrastructure, complete with a skyline full of high rises along with huge shopping malls and plazas. The combination of urban infrastructure coupled with natural splendor is something that is the unique selling benefit of Panama. In fact Panama City must be the only place in the world where there is a rainforest right outside the city.
The city offers plenty of beautiful apartments facing the sea with all modern amenities, at a fraction of the price that you would get them in other cities. Most of the modern apartment complexes here come complete with swimming pools, walk ways and even spas. Panama City also has a number of first class hotels, classy restaurants and numerous fast food outlets, making it a dream destination for those looking to lead a peaceful life. To make brief, a Panama retirement allows you to enjoy everything that a modern city has on offer while enjoying abundant nature, miles of unspoiled coastline, without burning a big hole in your pocket.
For a long time, Panama was overshadowed by some of its Central and South American neighbors. It is not the case anymore with Panama fast becoming the most preferred destination of retirees from various different parts of the world. People can look forward to a peaceful retired life enjoying myriad activities ranging from bird watching to deep sea fishing or long strolls along sandy beaches in Panama.
With so many attractions on offer it is no wonder that Panama is ranked as the top destination for retirement these days. One of the reasons for this popularity is the sheer variety of landscape available in Panama. On the one hand you can find palm fringed beaches stretching for miles together, while on the other hand you can find mountainous areas offering you the best of rainforest experience. Moreover, whatever may be the kind of landscape you are looking for the common factor of affordability is another reason for the immense popularity that Panama enjoys as a retirement destination.
The government of Panama has realized the potential of the country as a perfect place for retirement and has left no stone unturned to tap its potential. Panama City, the capital, for instance boasts of world-class infrastructure, complete with a skyline full of high rises along with huge shopping malls and plazas. The combination of urban infrastructure coupled with natural splendor is something that is the unique selling benefit of Panama. In fact Panama City must be the only place in the world where there is a rainforest right outside the city.
The city offers plenty of beautiful apartments facing the sea with all modern amenities, at a fraction of the price that you would get them in other cities. Most of the modern apartment complexes here come complete with swimming pools, walk ways and even spas. Panama City also has a number of first class hotels, classy restaurants and numerous fast food outlets, making it a dream destination for those looking to lead a peaceful life. To make brief, a Panama retirement allows you to enjoy everything that a modern city has on offer while enjoying abundant nature, miles of unspoiled coastline, without burning a big hole in your pocket.
Wednesday, December 24, 2008
Merry Christmas From Panama
Just wanted to greet my readers from Panama with the Spanish greeting “Feliz Navidad”. My kids have all come down from cold cities in North America on flights to Panama, many of which are direct and range from 3 – 5 hours long in duration.
The Christmas season in Panama starts on December 8th, with a parade down the main street celebrating the Immaculate Conception. Young girls with wings on their dresses, dressed like angels, participate in the parade with a Statue of the Blessed Virgin. The children take their first communion this day.
Panamians clean their houses and prepare such delicious food as turkey (pavo), stuffing (relleno) tamales, arroz, arturo sauce, capers, meats, prunes and additional spices covered in plantain leaves and boiled. Traditional fruitcake is popular for the dessert.
At midnight, the feast is served, there is music, dancing and celebration in the streets as people visit their friends and family. Traditional Christmas music is heard, gaitas and villancicos. Nacimientos are displayed. There are even Christmas trees which were originally bought from Europe. Christmas lights on the houses brighten up the night.
The morning of December 25th, people go to church. Family and friends are visited, eating more traditional Christmas food. On the Epiphany, or the Dia de los Reyes, (King’s Day), the children are given presents. Since the Americans were in Panama, Christmas time has been a blend of Panamanian and American influences. It’s a joyous season here in Panama, this Christmas time, lots of food, music and friendly people.
I just wanted to wish my friends, Feliz Navidad from my retirement in Panama. The weather couldn't be better. For five seconds I wanted to see snow, well, because it's Christmas so I turned on my tv and watched the news stories of the storms in the north east. Every day, I think of how lucky I am to have decided to retire in Panama.
The Christmas season in Panama starts on December 8th, with a parade down the main street celebrating the Immaculate Conception. Young girls with wings on their dresses, dressed like angels, participate in the parade with a Statue of the Blessed Virgin. The children take their first communion this day.
Panamians clean their houses and prepare such delicious food as turkey (pavo), stuffing (relleno) tamales, arroz, arturo sauce, capers, meats, prunes and additional spices covered in plantain leaves and boiled. Traditional fruitcake is popular for the dessert.
At midnight, the feast is served, there is music, dancing and celebration in the streets as people visit their friends and family. Traditional Christmas music is heard, gaitas and villancicos. Nacimientos are displayed. There are even Christmas trees which were originally bought from Europe. Christmas lights on the houses brighten up the night.
The morning of December 25th, people go to church. Family and friends are visited, eating more traditional Christmas food. On the Epiphany, or the Dia de los Reyes, (King’s Day), the children are given presents. Since the Americans were in Panama, Christmas time has been a blend of Panamanian and American influences. It’s a joyous season here in Panama, this Christmas time, lots of food, music and friendly people.
I just wanted to wish my friends, Feliz Navidad from my retirement in Panama. The weather couldn't be better. For five seconds I wanted to see snow, well, because it's Christmas so I turned on my tv and watched the news stories of the storms in the north east. Every day, I think of how lucky I am to have decided to retire in Panama.
Saturday, December 20, 2008
Celebrating Your Retirement in Panama
Retirement in Panama is something that an increasing number of people are opting for these days. There are several reasons for this fascination with Panama among those who have recently retired. For one, the country is ranked by many reputable international organizations as one of the best countries to live.
The other biggest attraction for those looking to retire in Panama is the low cost of living. The combination of these factors has led to Panama now becoming the most sought after country for those looking for a retirement haven.
Panama is well known for its abundant natural beauty. The place is every nature lover’s delight. One can find a wide variety of animals as well as birds in Panama. The scenic splendor and the peace that Panama offers is something of an irresistible combination for those looking towards a quiet life in the evening of their life.
You will also find that Panama is considered more foreigner friendly when compared to a lot of other countries, with similar climate and natural conditions. The health care facilities that are available in Panama are comparable with the best that is available anywhere else in the world too. This is one more reason why retirees find Panama such an attractive option to spend their retirement years. The high cost of medical care is something that people find difficult in many other countries and what brings them to Panama.
Panama is a country that boasts of modern infrastructure Whether it is the roads or the buildings, you can find the government here places emphasis on modern infrastructure. The entire real estate scene in Panama is buoyant, with plenty of options available for people when it comes to finding a home.
Panama is a country that enjoys sunny weather throughout the year including the rainy season. Moreover, the occurrence of natural disasters such as major earthquakes, tornadoes and hurricanes is also very less here. The vast stretches of tropical forests and beaches are another attraction for retirees looking to spend a peaceful life. Being surrounded by the Pacific and Caribbean oceans, the country is home to many picturesque beaches.
The banking facilities available in Panama are world class making it one of the most important financial centers in the world. The country is also well connected by air to most of the major cities of the world. In fact it only takes a few hours to reach most of the major cities in the United States from Panama. With so many advantages, it is not surprising that many people want to retire in Panama nowadays.
The other biggest attraction for those looking to retire in Panama is the low cost of living. The combination of these factors has led to Panama now becoming the most sought after country for those looking for a retirement haven.
Panama is well known for its abundant natural beauty. The place is every nature lover’s delight. One can find a wide variety of animals as well as birds in Panama. The scenic splendor and the peace that Panama offers is something of an irresistible combination for those looking towards a quiet life in the evening of their life.
You will also find that Panama is considered more foreigner friendly when compared to a lot of other countries, with similar climate and natural conditions. The health care facilities that are available in Panama are comparable with the best that is available anywhere else in the world too. This is one more reason why retirees find Panama such an attractive option to spend their retirement years. The high cost of medical care is something that people find difficult in many other countries and what brings them to Panama.
Panama is a country that boasts of modern infrastructure Whether it is the roads or the buildings, you can find the government here places emphasis on modern infrastructure. The entire real estate scene in Panama is buoyant, with plenty of options available for people when it comes to finding a home.
Panama is a country that enjoys sunny weather throughout the year including the rainy season. Moreover, the occurrence of natural disasters such as major earthquakes, tornadoes and hurricanes is also very less here. The vast stretches of tropical forests and beaches are another attraction for retirees looking to spend a peaceful life. Being surrounded by the Pacific and Caribbean oceans, the country is home to many picturesque beaches.
The banking facilities available in Panama are world class making it one of the most important financial centers in the world. The country is also well connected by air to most of the major cities of the world. In fact it only takes a few hours to reach most of the major cities in the United States from Panama. With so many advantages, it is not surprising that many people want to retire in Panama nowadays.
Sunday, December 7, 2008
My Decision to Retire in Panama
When I first decided to retire in Panama, there was a lot of research to be done, talking to people who were thinking about the idea, people who were actually retired and living in Panama and searching on the internet for information for retirement in Panama. I discovered this company called International Living.
I had heard things about living in Panama and buying property in Panama, like “buyer beware” and you’d better either speak Spanish or else hire a lawyer from Panama. So I was a bit of a doubting Thomas, very wary of, well, everything to be quite honest with you. No sense draining my life time savings and getting screwed at my age.
Nevertheless, I was a bit cynical, but I knew I wanted to retire in Panama. I signed up to this company for a three day real estate tour which promised to show many quality properties during their three day real estate presentation. Let me remind you, I was feeling kinda cynical.
Passing through customs was relatively easy. Once on the other side of customs, I was looking for the guy from the company. I figured no one would be meeting me at Tocumen International airport as promised but it was sort of encouraging when I saw the guy at the terminal holding up the sign for his company. As promised.
A hotel room was booked for those attending at the Miramar Intercontinental Hotel, a luxury hotel for sure, not a doubt about it. We got to sleep in a bit the next morning at the hotel because the event the company was running wouldn’t start until 1:00 p.m. The event started right at 1:00 p.m. Promptly. As promised.
Two guys gave the welcoming address about retiring in Panama, safety, stability, climate, reasons to retire and invest in Panama. A lawyer then gave a speech on the legal aspects of retiring and conducting business in Panama. There were further presentations on investments such as investing in teak forests and how to finance property in Panama. So much valuable information. I was ready for a break. Next up on the schedule: a reception by the pool. Cocktails in the sun. Ah! Panama. As promised.
Next day it was an early start to the day. At 8:00 a.m., a bus was waiting outside of the Miramar to take us to the Intercontinental Playa Bonita Resort and Spa. This is some luxurious hotel, a 5 star hotel resort in Panama. Beautiful! It’s on a private secluded beach. As promised.
The first presentation was a speech about economic development in Panama. After that, we headed to Playa Serena, a beach front paradise on the Pacific side consisting of two and three bedroom apartments from 699 to 1,205 suqare feet in size in two 20 story buildings. With a view on the ocean. More beautiful – as promised.
Well, we were here to see properties in Panama and the next property we were taken to was named Vista Mar. We had lunch here followed by a tour. Again, fantastic views of the Pacific Ocean, designer kitchens, stainless steel appliances. Talk about attention to detail.
The night was to be spent at Playa Blanca. White hotel with blue roofs. Here they have two high rise condo buildings under construction. Dancers and bongo drums greet us. A resort on the Pacific. Another nice one. Great buffet and dancers. Beautiful sunset.
Nighttime. A show was put on at the resort. Dancers singing broadway songs. More bongo drums.
Santa Clara and Coronado were next on our itinerary. Santa Clara and Coronado are quiet communities surrounded by the Pacific Ocean on one side and beautiful tropical forests and foliage surrounding the community. From $130,000 to $800,00 US, you can buy two to four bedroom homes. More beauty. As promised. For peaceful and quiet retirement in Panama, this is all about location, location.
Other properties we were taken too included Tucan Country Club for breakfast. This property is a 180 acre community, still under construction, consisting of 500 town homes, villas, and terrace condominiums built around an 18 hole, par 72 professionally designed gold course. This property is just across the Bridge of the Americas, a short drive from Panama City. Other high rise condos presented to our group included the Grand Bay Tower, Bayfront Tower, Destiny Panama Bay, and Sol Marina with spectacular views of the city skyline and the ocean, and furnished with all the modern amenities you could desire. There’s lots of building going on in Panama, especially for those who are thinking of retiring there.
The three days ended back at our hotel in Panama City – the Hotel Miramar. The properties I had seen had all been tempting. The presentation had boosted my goal to retire in Panama. It was an exhausting few days in Panama, you know, places to go, people to see, but I had seen some properties I was definitely interested in looking at further. There seems to be something for everyone interested in retiring in Panama whether it be a property on an ocean front, a quiet spot in the mountains, or the bustling city of Panama itself. As promised.
I had heard things about living in Panama and buying property in Panama, like “buyer beware” and you’d better either speak Spanish or else hire a lawyer from Panama. So I was a bit of a doubting Thomas, very wary of, well, everything to be quite honest with you. No sense draining my life time savings and getting screwed at my age.
Nevertheless, I was a bit cynical, but I knew I wanted to retire in Panama. I signed up to this company for a three day real estate tour which promised to show many quality properties during their three day real estate presentation. Let me remind you, I was feeling kinda cynical.
Passing through customs was relatively easy. Once on the other side of customs, I was looking for the guy from the company. I figured no one would be meeting me at Tocumen International airport as promised but it was sort of encouraging when I saw the guy at the terminal holding up the sign for his company. As promised.
A hotel room was booked for those attending at the Miramar Intercontinental Hotel, a luxury hotel for sure, not a doubt about it. We got to sleep in a bit the next morning at the hotel because the event the company was running wouldn’t start until 1:00 p.m. The event started right at 1:00 p.m. Promptly. As promised.
Two guys gave the welcoming address about retiring in Panama, safety, stability, climate, reasons to retire and invest in Panama. A lawyer then gave a speech on the legal aspects of retiring and conducting business in Panama. There were further presentations on investments such as investing in teak forests and how to finance property in Panama. So much valuable information. I was ready for a break. Next up on the schedule: a reception by the pool. Cocktails in the sun. Ah! Panama. As promised.
Next day it was an early start to the day. At 8:00 a.m., a bus was waiting outside of the Miramar to take us to the Intercontinental Playa Bonita Resort and Spa. This is some luxurious hotel, a 5 star hotel resort in Panama. Beautiful! It’s on a private secluded beach. As promised.
The first presentation was a speech about economic development in Panama. After that, we headed to Playa Serena, a beach front paradise on the Pacific side consisting of two and three bedroom apartments from 699 to 1,205 suqare feet in size in two 20 story buildings. With a view on the ocean. More beautiful – as promised.
Well, we were here to see properties in Panama and the next property we were taken to was named Vista Mar. We had lunch here followed by a tour. Again, fantastic views of the Pacific Ocean, designer kitchens, stainless steel appliances. Talk about attention to detail.
The night was to be spent at Playa Blanca. White hotel with blue roofs. Here they have two high rise condo buildings under construction. Dancers and bongo drums greet us. A resort on the Pacific. Another nice one. Great buffet and dancers. Beautiful sunset.
Nighttime. A show was put on at the resort. Dancers singing broadway songs. More bongo drums.
Santa Clara and Coronado were next on our itinerary. Santa Clara and Coronado are quiet communities surrounded by the Pacific Ocean on one side and beautiful tropical forests and foliage surrounding the community. From $130,000 to $800,00 US, you can buy two to four bedroom homes. More beauty. As promised. For peaceful and quiet retirement in Panama, this is all about location, location.
Other properties we were taken too included Tucan Country Club for breakfast. This property is a 180 acre community, still under construction, consisting of 500 town homes, villas, and terrace condominiums built around an 18 hole, par 72 professionally designed gold course. This property is just across the Bridge of the Americas, a short drive from Panama City. Other high rise condos presented to our group included the Grand Bay Tower, Bayfront Tower, Destiny Panama Bay, and Sol Marina with spectacular views of the city skyline and the ocean, and furnished with all the modern amenities you could desire. There’s lots of building going on in Panama, especially for those who are thinking of retiring there.
The three days ended back at our hotel in Panama City – the Hotel Miramar. The properties I had seen had all been tempting. The presentation had boosted my goal to retire in Panama. It was an exhausting few days in Panama, you know, places to go, people to see, but I had seen some properties I was definitely interested in looking at further. There seems to be something for everyone interested in retiring in Panama whether it be a property on an ocean front, a quiet spot in the mountains, or the bustling city of Panama itself. As promised.
Sunday, November 23, 2008
Retirement in Panama | What To Expect
There's a whole lotta of people just waiting to convince you that there's much more to retirement in Panama than you might think, and these people have put together a beautiful info packages that highlight the advantages of this country as a place to retire in. It will leave you convinced that's there's more to this tropical paradise than just the Panama Canal.
Panama Real Estate
One of the first features that will attract people considering a Panama retirement is the abundance of different types of real estate that's available here. Of course there's the opulent places like the Dupont Towers in Punta Pacifica, the most chi-chi neighborhood in Panama where luxury apartments rival anything you could find in any other cosmopolitan city selling in the high $200,000 range. Of course in that range you'll get a terrific view of the Panama City skyline and easy access to all the shopping malls and other amenities.
Of course there are those who will be looking for something a little more downscaled and for them, retirement in Panama offers an assortment of homes on the outskirts and beach homes that are more reasonable priced. However, there are other considerations that you'll want to look at before you decide to take the step of Panama retirement and you'll want to get to know what you can about the infrastructure first.
An Overview of Retiring in Panama
Retiring in Panama doesn't mean that you will need to give up any of the modern amenities that you might be used to. The country enjoys a large trading association with the United States and the major industries are tourism and the export of construction materials. With an exclusive right to use American currency at par, Panama also enjoys a boisterous economy. Still the Panama is a diverse place and the plentiful beaches provide an oasis for the retiree who loves the warm tropical coastline.
For those with a sense of adventure Panama offers marine museums and other snorkeling experiences that can't be found anywhere else in the world. It's important to remember that if you're considering retirement in Panama, you'll be paying much less for beachfront property that you might be in other parts on the Pacific or Caribbean coastlines.
People are taking notice of what Panama has to offer as well. The city of Boquete has recently been rated the fourth best retirement destination in the world since it offers such a unique diversity. If you are seriously considering spending your retirement in Panama, get all the information before you are ready and visit your local Panamanian consulate for all the details. There is much to consider before you actually retire in Panama but you won’t regret your choice one bit.
Panama Real Estate
One of the first features that will attract people considering a Panama retirement is the abundance of different types of real estate that's available here. Of course there's the opulent places like the Dupont Towers in Punta Pacifica, the most chi-chi neighborhood in Panama where luxury apartments rival anything you could find in any other cosmopolitan city selling in the high $200,000 range. Of course in that range you'll get a terrific view of the Panama City skyline and easy access to all the shopping malls and other amenities.
Of course there are those who will be looking for something a little more downscaled and for them, retirement in Panama offers an assortment of homes on the outskirts and beach homes that are more reasonable priced. However, there are other considerations that you'll want to look at before you decide to take the step of Panama retirement and you'll want to get to know what you can about the infrastructure first.
An Overview of Retiring in Panama
Retiring in Panama doesn't mean that you will need to give up any of the modern amenities that you might be used to. The country enjoys a large trading association with the United States and the major industries are tourism and the export of construction materials. With an exclusive right to use American currency at par, Panama also enjoys a boisterous economy. Still the Panama is a diverse place and the plentiful beaches provide an oasis for the retiree who loves the warm tropical coastline.
For those with a sense of adventure Panama offers marine museums and other snorkeling experiences that can't be found anywhere else in the world. It's important to remember that if you're considering retirement in Panama, you'll be paying much less for beachfront property that you might be in other parts on the Pacific or Caribbean coastlines.
People are taking notice of what Panama has to offer as well. The city of Boquete has recently been rated the fourth best retirement destination in the world since it offers such a unique diversity. If you are seriously considering spending your retirement in Panama, get all the information before you are ready and visit your local Panamanian consulate for all the details. There is much to consider before you actually retire in Panama but you won’t regret your choice one bit.
Sunday, November 16, 2008
Panama Retirement
This is Panama Joe. I’m starting this site because it’s all about retirement in Panama, my chief interest at the current time.
I got sick of living in the rat race of the big city in North America. Got sick of the cold winter, I figured that out one winter three years ago. It was a cold, frosty morning and I’m not into “frosty” by the way. I was outside ready to go work for another day in the rat race. It was bloody cold. The first thing that happened was my car door was frozen shut. Finally got that open. I turn the ignition on. Damn engine stutters before it finally chokes on. Turn on the heater full blast. It’s blasting more of that frosty cold air. Get the window scraper out. All the windows are covered with that Jack Frost nonsense. Start scraping and scraping and scraping the windows. Nothing but a stupid struggle. It’s all seeming more and more pointless. Takes me 15 minutes to get the damn car ready just so I can make it to work on time. I’m tired of this shit. Don’t get to work on time.
I’m 54 years old. A guy that’s getting fed up with it all. Sick of my job. Sick of this winter weather and all this damn frosty stuff. During that mind numbing 9 – 5 shtick, I open up the internet and mindlessly search for winter getaway vacations. Obviously, I needed a break from the winter. Don’t know how much longer I can put up with this and winter’s only just started. We’ve got another five or six months of this shit. So I’m browsing through this winter escape website. All the usual destinations, Mexico, the Bahamas, Cuba, Barbados, Jamaica… And then I see it. Panama. Something cool about that. I hadn’t heard of anyone going there before. Must not be a common vacation destination. I click on the link. Prices just about the same as everywhere else. I open up another web browsing tab and search for pictures of Panama. I find other sites with information about Panama. I start passing the hours at work, surfing sites about Panama. Suddenly I find myself back at the vacation destination site for Panama. My fingers are doing the clicking. Suddenly, I’m booking a vacation for one week in Panama at an all inclusive resort in Panama. My credit card is being entered by my fingers which are doing the walking all by themselves. The submit button is pressed. An online receipt is before my eyes. I’m printing the online receipt. I’m walking over to the printer like a zombie. Picking up my online receipt from the printer. My vacation is booked.
Approximately two weeks later, I’m on an airline Panama bound. Leaving the frosty winter behind and landing in the hot humidity of the international airport of Panama City.
That was how it all began. I spent a week in Panama at an all inclusive resort and besides laying around the pool and the beach, I spent a lot of time in the City of Panama during that week, falling in love with everything that Panama had to offer. The Casinos, the nightclubs, the food, the people… A few trips later, one even in the hot humid rainy summers of Panama, I’m thinking to myself, what the hell am I doing, continuing to slave away at some stupid mindless job that I hate, waiting for retirement to kick in so I can bundle up indoors when winter comes with the heat turned up high and thinking of when I can plan my next escape to Panama.
The idea then dawned on me to take my early retirement package and head on down to Panama to spend my retirement in comfort.
And this is what this blog is all about – my retirement in Panama and how you too can retire in Panama. And when I’m feeling a little too warm in Panama, I just think back to that frosty winter morning when I had to scrape the Jack Frost stuff off the windows of my car. The thought gives me a little chill as I suddenly recall reality and look along the beach I find myself laying on as I am living the life of my retirement in Panama.
I got sick of living in the rat race of the big city in North America. Got sick of the cold winter, I figured that out one winter three years ago. It was a cold, frosty morning and I’m not into “frosty” by the way. I was outside ready to go work for another day in the rat race. It was bloody cold. The first thing that happened was my car door was frozen shut. Finally got that open. I turn the ignition on. Damn engine stutters before it finally chokes on. Turn on the heater full blast. It’s blasting more of that frosty cold air. Get the window scraper out. All the windows are covered with that Jack Frost nonsense. Start scraping and scraping and scraping the windows. Nothing but a stupid struggle. It’s all seeming more and more pointless. Takes me 15 minutes to get the damn car ready just so I can make it to work on time. I’m tired of this shit. Don’t get to work on time.
I’m 54 years old. A guy that’s getting fed up with it all. Sick of my job. Sick of this winter weather and all this damn frosty stuff. During that mind numbing 9 – 5 shtick, I open up the internet and mindlessly search for winter getaway vacations. Obviously, I needed a break from the winter. Don’t know how much longer I can put up with this and winter’s only just started. We’ve got another five or six months of this shit. So I’m browsing through this winter escape website. All the usual destinations, Mexico, the Bahamas, Cuba, Barbados, Jamaica… And then I see it. Panama. Something cool about that. I hadn’t heard of anyone going there before. Must not be a common vacation destination. I click on the link. Prices just about the same as everywhere else. I open up another web browsing tab and search for pictures of Panama. I find other sites with information about Panama. I start passing the hours at work, surfing sites about Panama. Suddenly I find myself back at the vacation destination site for Panama. My fingers are doing the clicking. Suddenly, I’m booking a vacation for one week in Panama at an all inclusive resort in Panama. My credit card is being entered by my fingers which are doing the walking all by themselves. The submit button is pressed. An online receipt is before my eyes. I’m printing the online receipt. I’m walking over to the printer like a zombie. Picking up my online receipt from the printer. My vacation is booked.
Approximately two weeks later, I’m on an airline Panama bound. Leaving the frosty winter behind and landing in the hot humidity of the international airport of Panama City.
That was how it all began. I spent a week in Panama at an all inclusive resort and besides laying around the pool and the beach, I spent a lot of time in the City of Panama during that week, falling in love with everything that Panama had to offer. The Casinos, the nightclubs, the food, the people… A few trips later, one even in the hot humid rainy summers of Panama, I’m thinking to myself, what the hell am I doing, continuing to slave away at some stupid mindless job that I hate, waiting for retirement to kick in so I can bundle up indoors when winter comes with the heat turned up high and thinking of when I can plan my next escape to Panama.
The idea then dawned on me to take my early retirement package and head on down to Panama to spend my retirement in comfort.
And this is what this blog is all about – my retirement in Panama and how you too can retire in Panama. And when I’m feeling a little too warm in Panama, I just think back to that frosty winter morning when I had to scrape the Jack Frost stuff off the windows of my car. The thought gives me a little chill as I suddenly recall reality and look along the beach I find myself laying on as I am living the life of my retirement in Panama.
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