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Building a Referral Network

Why Panama?

Retirees, Investors, and second home seekers are new-style immigrants to Panama.

"International Living ",the renowned magazine and recognized expert for promoting lifestyles, has rated Panama as the best place to live outside the United States. The American Association of Retired People (AARP) Modern Maturity Magazine, has ranked Panama's Town, Boquete, as fourth on it's listing of the 15 best cities in the world for U.S. retirees.

Here are some of many reasons WHY:

· Relocate to a tropical, stable, safe country ( lowest crime rate in all Latin America). Real Estate prices in this land of paradise are mere fraction of the cost for comparable homes in the U.S.

· Relocate to a more "Tax friendly" country, where foreign earned income, capital gains and interest is not taxed. Qualified purchasers are currently exempt from property taxes for 20 yrs

To receive a retirement visa to live in Panama, you must:

· Be 55 or older for woman, 60 or older for men

· Have a clean police report from where you currently reside

· Obtain a health certificate from Panamanian Doctor

· Show proof of minimum income of $ 500.00 a month and $ 100.00 each for any dependents

Take a look at the retirement benefits Panama offers:

· 50% discount on tickets to movies, sports and public shows

· Public transportation: 30% for buses, trains and ships

· 25% of on air tickets

· 50% discount on the cost of a passport

· 25% discount at restaurants and much more

Panama has become one of the most desired locations for foreign home ownership -whether for your full-time residence, a vacation getaway or for retirement. And it's no wonder: Once you visit, you'll understand why more and more foreign nationals are choosing Panama. Is it the perfect weather, the culture, the mountains, the beaches or the rain forests? It's all this and more.

With the recent milestone passing of a national referendum to significantly expand and widen the Panama Canal - a project that will progress well into the year 2030 - the increasing demand for housing is expected to absorb many of the condo towers already under construction and those offered for sale. Panama City's real estate "boom" will continue as thousands of executives, scientists, engineers and other professionals move into the area to oversee this mega-project.

From the Caribbean to the Pacific, the choices right at your front door are almost endless. As a foreign national, here's what you need to know about buying property, living, working and investing in Panama.

Panama information:
CIA.GOVhttps://www.cia.gov/cia/publications/factbook/geos/pm.html