Retiree Incentives

Panama offers an attractive incentive program for retirees, because of the low cost of living, great climate, low crime rate and tax advantages, Panama is compared with many European  cities on the subjects of retirement and relocation.


A partial list of retiree incentives include:

• Household goods up to $10,000.00 can be brought in to Panama tax free.
• New cars for private use can be brought in duty free every two years.
• 15% and 50% discounts are offered in hotels, restaurants, movies, many professional services, medications, hospitals - if the patient is not insured and medical services, airplane tickets, public transportation, among others.
• Panama is a safe country.
• High-band Internet , cellular phone networks and ADSL in-home phone capability are readily accessible throughout most of Panama. Full-service satellite and cable TV are also very common.
• Panama has various climates to satisfy your likes and preferences.
• Panama has medical facilities on a par with the United States. For example a modern, state-of-the-art hospital with affiliation to the Johns Hopkins Medicine International is located in Panama City.
• Panama is close to the United States with direct flights to Panama from 5 major US cities and only two and a half hours from Miami.
• Retirement visa requirements are minimal.
• Foreigners can buy and own property in Panama enjoying the same rights and protections as Panamanians.
• English is the second language in Panama and is widely spoken.

For more information, please Contact Us