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Panama Retirement Visa –Why retire in Panama

According to Conde Nast Traveler, Panama is “One of Six to Die for second home destinations” in the Americas. Panama is the perfect choice if you want to retire in a harmless, beautiful, relaxing place with similar modernized infrastructures like those in the US minus the high cost of living. Panama and Panama City are both distinguished as the best places in the world if you want to live out of the United States.

Retirement Visa Requirements

• Provide proof of minimum $500 monthly income for yourself and $100 monthly for each dependent.
• A Panamanian health certificate from a Panamanian physician.

Why consider Panama travel and retirement visa?

• Panama is named one of the safest countries in the world by the Pinkerton Intelligence Agency.
• Cost of living in Panama is low compared to the high cost of living in the United States.
• Minimal requirements for a Panama travel and retirement visa.
• No need to consider foreign exchange because Panama’s currency is the US Dollar.
• The same rights and protection are given to Panamanians and foreigners in terms of property acquisition and ownership.
Travel to Panama allows you to experience an almost perfect tropical climate.
• Panama offers the best incentive program for retirees.
• Travel to Panama entitles you to visit many attractive sceneries and recreational spots.
• Panama has a modern infrastructure and first-class telecommunications.
• Panama has modern state-of-the-art medical facilities.
• Panama has affordable residential communities.
Panama City is the home of many discos, bars, and nightclubs to provide recreation for those who love the nightlife.

Panama’s Pensionado Program

Residents under the Tourist Pensionado visa are entitled to very pleasing retirement visa benefits programs that is only available in Panama at the moment.

Who is qualified for Panama’s Pensionado Program?

If you are over the age of 18, you are allowed to apply to qualify as a Panamanian Pensionado. A monthly pension income of $500 originating from a pension from a government agency (for example disability, Social Security and the likes) or a benefit pension from a private company is a requirement to qualify for this retirement visa program.

The Benefits of Panama Pensionado Program

• 50% discount in theaters, movies, concerts and other public performances anywhere in Panama
• 50% discount on home loans closing cost and more
• 50% discount on hotel accommodations during Monday through Thursday
• 30% off on hotel accommodations on Friday through Sunday
• 30% discount in land and water transportation.
• 25% discount for restaurant meals
• 25% off in airfare
• 20% discount on doctors’ consultation fee
• 20% off on professional and technical services
• 15% off on dental and eye examination
• 15% discount on meals serve in fast-food establishments
• 15% discount on non-insurance coverage hospital bills

We can arrange a Panama retirement visa (Pensionado) for as little as $900. Contact us for more information.