Retirement in Panama???

[bikerskier]

My dear wife has made it quite clear that she wants 2 things when we hopefully slow down our work life in 4 or 5 years and they are better (warmer & drier) climate and affordability. It appears that Panama has hit her radar and it looks like we are going down for a visit and look see in Nov. I have no opinion ( very odd for me) yet on the the subject. Probably still too busy working and looking for time for riding, skiing, golf or other things. If anyone knows of someone who has considered this subject or other similar climes, I would very much appreciate your comments.

 

[FJRay]

Hell, Thats why I moved to LaPine from San Juan Island. Its warm,dry, and cheap here. Except the 10 below in the winter. :lol:

 

[FJRay]

Hell, Thats why I moved to LaPine from San Juan Island. Its warm,dry, and cheap here. Except the 10 below in the winter. :lol:

 

[HIGHLANDER]

https://www.internationalliving.com/

Thought about it before ..along with other warm places !

 

[Toecutter]

My dear wife has made it quite clear that she wants 2 things when we hopefully slow down our work life in 4 or 5 years and they are better (warmer & drier) climate and affordability.

Clovis, Ca USA! Plenty warm, plenty dry, plenty affordable. Don't tell anybody though.

 

[twowheelnut]

I'm looking into Costa Rica or Sonora Mexico (maybe elsewhere in Mex, too). Panama, I hear, ain't the safest place. I've been checking out ride routes to Santiago and Buenos Aires and all reports say to jump the ferry and avoid Panama. :dntknw:

 

[Kevin Daly]

you might consider the West Tucson mountians or other places not near Pheonix in AZ. Lived there for six years and loved it!

 

[Indian Scout]

I'm looking into Costa Rica or Sonora Mexico (maybe elsewhere in Mex, too). Panama, I hear, ain't the safest place. I've been checking out ride routes to Santiago and Buenos Aires and all reports say to jump the ferry and avoid Panama. :dntknw:

I did a ride to Central America in 02 and found Panama to be the least friendly of all the countries in Central America. This is not to say they were unfriendly.

Honduras is the cheapest and Costa Rico is the most expensive and has the worst roads.

I liked Belize the best as it is an english speaking country. The only thing that should be noted, and I am not predaceous, is that 90% of the population is Jamacin.

 

[keithaba]

Bikerskier

My parents are considering moving to Panama. There is a large area of new communities popping up for retirees and people looking for vacation homes.

Supposedly very very affordable. Like 1200 a month pays for all of your expenses with a live in maid/cook.

Also, the vast majority of professionals (doctors, lawyers, accountants) all go to the U.S. for their education, then back down there cause they miss their home. There is a John Hopkins hospitol there as well. (Someone as to take care of all you fogies! )

Also, they are planning on widening the Canal, so there will be a big influx of industry there, which is good for the economy, which will equal more money for local projects.

Retirees get all of these incentives

Import tax exemption for household goods

Tax exemption to import a new car every two years

25% discounts on utility bills

25% discount on airline tickets and 30% on other transportation

15% discount on loans made in your name

1% reduction on home mortgages for homes used for personal residence

20% discount on doctor's bills 15% on hospital services if no insurance applies

15% off dental and eye exams

10% discount on medicines

20% discount on bills for professional and technical services

50% discount on entrance to movie theaters, cultural and sporting events

50% discount at hotels during Monday to Thursday, 30% on weekends

They are supposed to go check it out sometime in the next 6 months. If they go I'll shoot you a PM.

 

[nmanley]

Panama sure as heck is not DRY. Ever hear of Rain Forrest. Yeah, they have a big one down there. You can however put your feet in two oceans in one day.