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Author: Kenneth J. Jones
Another Panamanian secret has been revealed during the past few years—it is a great place to retire to. In 2001, International Living, the renowned magazine and recognized expert for promoting U.S. expatriate lifestyles, stated that Panama is the best place to live outside of the UnitedStates. The American Association of Retired People's (AARP) Modern Maturity Magazine, has ranked Panama's town of Boquete as fourth in its listing of the "Fifteen best cities in the world for U.S. retirees."
Panama's popularity as a retirement destination is easy to define. This country's mixture of a high quality of life, easy life-style, retirement incentives and modern amenities allow persons to change their location and lives, with very little problem.
To begin with, Panama is an incredibly beautiful country. It has a diversity of flora and fauna that is found in no other place, due to the Isthmus' position as the crossroads of North and South America. Potential residential opportunities range over city, mountain, beach and island communities so that a special place can be found to suit anyone's taste. Once you decide where to settle, you have the security of knowing that, as a foreigner, you can own property easily and are granted exactly the same rights and protections as a Panamanian property owner.
Due to the pull-out of the American military and other factors, prices for Panamanian real estate have remained basically unchanged from the early 1990s (except for "hot" areas like Boquete in Chiriqui and the islands of the Bocas del Toro archipelago). As of this writing some representative prices in the better known areas include: ( Next Page )
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