Retirement Incentives

Panama offers an attractive incentive program for retirees, when coupled with it's warm, hurricane-free weather, low crime rate, US dollar currency, access to first-class private medical facilities and tax advantages, Panama is an excellent retirement or vacation home destination.  

A partial list of retiree incentives and benefits include:

• Household goods can be brought in to Panama free of taxes.
• New cars can be brought in duty free every two years.
• Discounts between 15% and 50% are offered on hotels, restaurants, movies, many professional services etc.
• Panama is a safe country.
• Panama City has a modern, American-style infrastructure due to the near 100 year presence of the Americans in Panama.
• Broad-band Internet connectivity, cellular phone networks and ADSL in-home phone capability are readily accessible throughout most of Panama.
• Full-service satellite and cable TV are also very common.
• Panama has an ideal climate.
• Panama has excellent private health care facilities on a par with the United States.
• Panama is close to you, with direct flights to approximately 40 different countries World-wide.
• Retirement visa requirements are minimal.
• Foreigners can buy and own property in Panama enjoying the same rights and protections as Panamanians.
• English is the second language in Panama and is widely spoken.