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                Reports Panama 2020:                                         

Dear Reader,

Panama is far more developed and modern than most people anticipate. This country has the most advanced and modern infrastructure in the region. Panama has been one of our favorite locations for overseas investment and Retirements for many years. 

AZ

In fact, Panama took the top spot in our 2021 Global Retirement index, awarding it with the honor of the world’s best retirement destination. The truth is , a move to Panama doesn’t mean a move away from the First City. 

Panama offers luxuries and amenities that you would hope for anywhere else and can even afford more of them due to Panama’s low cost of living. 

Panama City is a bustling, vibrant and exciting metropolis.There’s a reason it’s called the “Hub of the Americas,” and you can thank the Panama canal for starting it all. 

Since it was completed over 100 years ago, it’s been the conduit between east and west, north and south. And it’s made Panama a place where cultures converge. The influence of many different nationalities is vast. Walk the cosmopolitan streets of Panama City and you will hear English at every turn along with dozens of other foreign languages.

Wake up on the Caribbean and have lunch overlooking the Pacific,,they’re a couple of hours apart at the isthmus’ “skinniest” sections. There truly is something for everyone in Panama. 

Many of  the expats here cite Panama’s geographical diversity and location, with proximity to North America being a major factor in them choosing Panama for their retirement destination. In a country roughly the size of South Carolina, You’ll find mountains and beaches within an easy striking distance,, no matter where in the country you are.

As well as offering retirees a location to suit all tastes, another big draw is the country’s famed Pensionado Program. This program of discounts is given to all who qualify by age 60 for men and 55 for women---expat or Panamanian.

Panama is not the cheapest country in the region,but your dollar will still stretch further than it does up north. If you daydream about beaches, sunshine or welcoming locals, then Panama may be for you. A couple can live well here for $2,800 a month or less, including rent.

We have compiled this special report to give you an overview---a taster--of what Panama is all about for your better choice. Read  on and it’s likely you’ll fall in love with this wonderful country.

              Mahesh budhathoki

Publisher, Worldwide Migration/Travel

                                   About Panama

Location: Central America, Boarding both the caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica.

Area: 29,119 square miles (75,420 square kilometers)

Population: 3,800,644 (2018)

Capital: Panama City

Climate: Panama has a tropical climate with a Yearly average temperature of 88℉ and humidity of about 80%. While there is little seasonal variation, daytime/ nighttime temperatures can vary greatly. On a typical dry season day in the capital city, the early morning minimum may be 75℉ for more than a short maximum 84℉. The temperature seldom exceeds 90℉ for more than a short time.