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Panama was rated as the No.1 place in the world to retire abroad in the June edition of Smart Money magazine . With one 'baby-boomer' retiring every 6 seconds in the US a lot of people are looking for a new, better, cheaper (in some cases, safer) place to live. Maybe It's time to take a look at Panama.

Noriega has been gone for over a decade, and the US army left years ago and even the Panamanian army has been disbanded because they weren't needed.

Everyone that has traveled here has found there's a lot more here than the Panama Canal, as you will see in this site!

The James Bond Movie "Quantum of Solace" was filmed here! Check out the best Bond Girl ever!

You can enjoy the beautiful Caribbean and Pacific and NEVER A HURRICANE!!

With 30 per cent of its land set aside for conservation and 940 bird species (more than in all of North America), Panama possesses 12 national parks and 1,518 islands, is bordered by both the Pacific and Caribbean oceans and offers beach, mountain or city life and an open door policy to investors and retirees alike.

Video on Panama

Many Economies around the world are in a downward spiral, (especially Real Estate, while Panama's Real Estate and Investments are still on the up!

Panama has an annual income of two billion dollars just from the Panama Canal! Imagine that much money spread amongst 3.3 million people! It is significant. Tourism in 2007 brought in $1.1 billion and will increase over the next few years. Panama also generates income from trade, mining and other raw materials.

Whether you want to just have an incredible holiday or move abroad, Panama could well be that place you are looking for

If you are a nature lover, then this is a great place to have your own private beach on the ocean and enjoy the many plants and animals that fill this country with beauty. You can even buy your own farm here for a few hundred thousand dollars and opt out of the modern world entirely!

The fishing, bird watching, golfing, and surfing are second to none!

The rain forests are magnificent, with a large variety of birds (including colorful Toucans and parrots), monkeys, waterfalls, gorgeous trees and vegetation of all kinds. Pick your own bananas and other fruits, and go swimming under the waterfalls on your hike or go kayaking through the many picturesque streams running through Panama.

Many are discovering the beautiful panoramic mountain region of Boquete, with its year-round spring weather,brisk, clean air and home grown coffee.

Your American dollar goes twice as far than it does in the US.

Panama does not print it's own currency, so they save a massive amount of money to the central bank and printing costs. The American currency has been floating freely here since about 1904.

A couple can live somewhere like Bocas del Toro, very comfortably, with an income of $1300 a month that includes all your bills and entertainment! Even in Panama City where rents are quite a bit higher, a couple can do the same on $2100 a month. If you purchase your own home it will be considerably less, of course.

Talking about 'Bang-for-Your-Buck', here's a sampling of what Panama offers right now......

Many fine restaurants have a fresh fish or a wonderful free-range T-Bone steak dinner for under $10.00! In most bars a beer is 1 dollar (50c in the countryside) and a Rum and Coke or a Long Island Ice-Tea is rarely over 2 bucks. Rather go to the movies? See top live bands? Go to the theater? then you can do that too AND much more at really cheap prices!

You won't believe what the retirement benefits and discounts are, or just for someone with a guaranteed income !! They take care of you here much better than most Countries do. Click on the retirement page to see!!

Panama is a place where you can own a corporation or buy island property and still have enough left for the a great bottle of rum ($5),Cuban cigar($5), Fine bottle of Wine from Argentina or Chile($3)and fresh, local seafood that(not much) money can buy! or just go and catch that Marlin!

Panama actually means "Abundance of Fish".

So, let's Talk about the Food! The choices are of anything European, Thai, Chinese, French, Spanish or American! The fresh seafood and the Steaks are great in Panama!

Costa Rica is Yesterday..Panama is Now!

You can still buy 1 acre of beach property on the ocean for your new home for under $40,000. As far as real-estate overall goes in Panama, think Costa Rica 15 years ago, only with most of the property actually being Title Deeded. On a titled property,you don't have to take "squatters" into consideration. It's yours! Real estate prices are estimated to be around 20% of what they will be in the next 5-10 years, so this is a great time to invest!

Be Wary of the Condo 'Gold Rush'

Remember how that bubble burst in Florida, and other places around the US? Be on guard!It makes no sense to try and "flip" a Condo that isn't built yet!!

There are greedy Developers here in Central America, just like the ones in North America. They will push the same story about being in high-rise on the water, but when not enough people buy and they run out of financing,they will literally leave you "high and dry"! My advise is, don't bite until the S.P.I is at 65% or better! Otherwise, you could end up buying a place that will never be finished.

If you buy to rent in Panama City you can earn between 10-15% return as rents are high. But you must know where and how to invest wisely!

To find out about the 20 year tax exemption and where to Invest in Property, click on the 08 Property Report tab on the side, then go to the Real Estate section to see what's currently available.

Off Shore-Banking in Panama!

The banks are more reliable than in most countries because they will not tax it and keep it confidential. Off-shore banking & investing takes a back-seat only to Hong Kong worldwide.

There are many incentives and tax-breaks for setting up a business here... such as 20 years tax free for investing a minimum of $50,000 in tourism! Go to the The Law on Tax Incentives link for full info on that.

Surfing in these Oceans is among the best in the world (check it out for yourself in the surfing link)

It’s difficult to summarize Panama in one neat little box, because it offers so much variance in climate and lifestyle. You can be sure that the climate is warm and comfortable all year round at approximately 85 degrees. It is tropical, so some areas receive more rain and humidity. All the highland areas have cooler temperature and less humidity. From December to about April or May, they call it their. Basically, the humidity drops and it rarely rains anywhere!

Let’s take a closer look at each area.....

We’ll start with Panama City. Over 30% of the 3.3 million people that live in Panama live in this wondrous modern city. Panama City has all the features that people look for in a big city. It has the feel of a place like Miami or a warmer Boston.

Donald Trump is building a 21st century skyscraper in Punta Pacifica with beautiful Condos, a Hotel,Spas, and the largest Casino in all of Latin America.

There are many more huge skyscrapers on the Manhattan-style skyline - if you like to live up high.

If you prefer chic French Colonial-New Orleans style living, then check out the beautiful suburb of Casco Viejo. Captain Morgan, Francis Drake and many other pirates have had some amazing adventures down here.Check out Panama City

You will enjoy elegant restaurants that offer all types of food and large wine lists, large grocery stores with American–style choices, going to theaters, and lots of bars with live entertainment, broadband, 150+ channels of cable TV. The coffee grown here is arguably the best coffee you’ll ever have in your life, and you know about Panama and Cuban cigars!

American trained doctors, great hospitals (like National and John Hopkins)for half the price of the US, then living in the Capital City( or close) may be for you.

Many come here for a medical tourism and enjoy the country enough to come back for more visits.

If the noise of construction and the constant honking,car alarms and traffic of Panama City get to you, you can choose something laid back. Everywhere else is laid back in Panama! There's plenty to choose from.

We guarantee the lowest prices on Hotel and Car rentals with our click on the Hotels page! Come check it out for yourself!

Get a "feel" for what Panama has to offer in the Bocas del Toro, the Bocas Islands, Darien, or the others by clicking around! Enjoy!

Are you interested in running your own company from anywhere in the world? Would you like to earn a 6 figure income and still have time for life? If so then get in contact.

Build your own website and let them do all the work making it the top site! Click on tab!!

Do you want to learn to Speak Spanish? Click Here!

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