Although much of what I post deals with economic issues and their affect on business, the fact is for those looking for quality of life and low cost of living, no place can beat Panama for retirement IMO. Forbes came out last month with it's top 10 retirement destinations and Panama was listed forth on their list with the only negative mentioned as "pockets of corruption".
Positives: Panama has almost everything: year-round sun, low taxes, massive discounts for seniors, first-world amenities, quality private hospitals, bird-filled rainforests, a dollar economy and easy flights from the U.S. Panama City is considered safest of all Central American cities, with worldly buzz because of the canal, and a World Heritage Site.
Forbes cannot promise retirees "paradise on $30 a day." Quite the opposite. We promise seniors wishing to move out of the U.S. that they will not find paradise anywhere. Each country is unique--with assets and liabilities--and the key to successful retirement as an ex-pat is carefully matching your own personal priorities and finances to the country that has caught your eye.
To help matters along, Forbes has compiled its own list of the 10 best retirement havens, based on a wide variety of criteria ranging from safety to retiree-friendly visa requirements to decent medical care. The countries on our hit list: Austria, Thailand, Italy, Panama, Ireland, Australia, France, Malaysia, Spain and Canada.
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