Panama, a gem of Central America, is quickly becoming a favorite destination for retirees seeking a sunny, affordable, and vibrant lifestyle. Beyond the iconic canal, Panama offers a warm and welcoming community, making it an ideal place to spend your golden years. The country’s low cost of living, stunning landscapes, and diverse range of communities cater to all preferences, whether you’re drawn to the cool highlands or the vibrant coastal areas. This article from Lonely Planet highlights why Panama is such an appealing destination for retirees, capturing the essence of a place where comfort, affordability, and beauty come together harmoniously.
10 Best Places To Retire in Panama
By Sarah Gilbert Jul 17, 2024
“Panama is also one of the Caribbean’s largest economic engines, with its gross domestic product expected to increase by nearly 33% between 2024 and 2029, reaching a record high of $116.23 billion, according to data from Statista. From its grand Panama Canal to its lush indigenous jungles, Panama is one of the most beautiful and economically enticing countries for retirees.
Communities
Where are the best places for foreign retirees to land in Panama? These Panamanian communities, listed in alphabetical order, will get you on track to enjoy your golden years.
Boca Chica: This tiny fishing village is the perfect antidote for retirees who want to put their feet up, enjoy the cool ocean breeze and get away from it all. The coastal town, located about 70 miles east of the Costa Rican border, is a water sports paradise, offering beach town living at a fraction of the price found in Florida and California.
Boquete: Located near Volcán Baru, Boquete is a quiet Panamanian locale with about 23,000 residents. The picturesque town offers beautiful mountain scenery, with the Caldera River flowing through its center. Pensioners will also love Boquete’s budget-friendly vibe, with expats receiving up to 20% off hospital and clinic services, 25% off Panama airfares and at bars and eateries, and up to 50% off entertainment like movies, music and sporting events.
Coronado: Only about an hour’s drive from Panama City and the region’s major airport, Coronado offers retirees a lifestyle experience largely unattainable given the low price and 50-mile stretch of villages and communities full of stunning beaches, great golf courses, wonderful gated communities, and loads of shops, restaurants and bars.
Volcan: Known for its famous 11,000-foot volcano, Volcán Baru offers retirees grand views and plenty of amenities.The city’s 10-block central area is loaded with shops, eateries, health and wellness clinics and floral shops selling some of the region’s most beautiful flowers and plants.”
Read full article: https://www.msn.com/en-us/travel/news/10-best-places-to-retire-in-panama/ar-BB1qCB5y?ocid=BingNewsVerp
