Are you retiring soon? Or perhaps relocating abroad is part of your retirement plans? No matter what stage you are in your life, buying property in Panama could be a good way to make the most of your retirement years. The warm tropical climate and beautiful natural environment make it one of the best places to live abroad. Moreover, you’ll have access to affordable and reliable healthcare and an attractive retirement visa, which comes with great discounts to seniors.
Why else should you relocate to Panama after retirement? Here
are five more reasons:
1. Ideal climate
Situated in Central America’s southern region, Panama gets
year-round tropical weather with warm temperatures. The average high temperatures
are in the mid-80s, except in March and April where it could reach 90 degrees.
Just remember that rainfall and humidity may be common as with all tropical
climates.
2. Within easy reach of the US
If you live in the US, you could fly to Panama and get there in
around three hours. That makes it a fairly easy trip. The country is on Eastern
Standard Time, so buying property in Panama should
bring problems like jet lag when you move there.
3. You’ll easily feel welcome
Panama is popular with expats, so you’re likely to find many
international retirees that could help you transition more smoothly as a
newcomer. However, you might want to consider learning to communicate in Spanish
so you can easily converse with Panamanians.
4. Make the most of your retirement years
Buying property in Panama offers many options in areas where you could settle. You
could choose to live in the city or within easy reach of the mountains and
beaches. Despite its size, the country has a diverse terrain.
5. Affordable living
The cost of living in Panama is likely to be lower compared to
where you’re currently based. That said, it still depends on where you’re from.
Most retired expats think that the country offers a low cost of living. You
might even find buying
property in Panama easier, too!
