Panama is the No.1 Retirement Destination in 2022

For a small country, it packs a real punch- it’s the 11th time Panama takes pole position in IL’s Annual Global Retirement Index…. and with good reason. Read more about Panama here: bit.ly/3FG4Qfq
Today, Panama is one of the easiest retirement destinations you can travel to from the U.S. or Canada. Panama’s cosmopolitan capital, Panama City, is the only true First World city in Central America. There are direct flights to Panama from all over the U.S., as well as several cities in Canada and Europe. This modern, welcoming country is only three hours from Miami and five hours from New York. And it uses the US dollar as its currency.
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[@internationalliving]

Get your hands on the full 2022 Annual Global Retirement Index report-FREE-when you become an International Living subscriber: bit.ly/3L1whBe

[@hammyluvyoung9640]

By the way my close friend who is also an RN shared this video with me and I'm so glad she did. We both are trying to decide on a place to eventually retire in peace, safety, good climate and good medical care.💞

[@freindpanameno1160]

Hola, Gracias por tu buenos comentarios sobre mi bello País Panamá 🇵🇦. Welcome to Panama 🇵🇦

[@breatheu]

I just watched you. Life in Panama as a Black expat and so enjoyed it. I had to come and subscribe. Love your energy.

[@balboa32]

Flights are easy that’s definitely true and no hurricanes

[@jpsolotabi]

Thank you so much for posting about Panama! It's very helpful. I cannot wait to go to Panama!

[@panamasarah]

Hola Jessica! Finally you are moving to the beach areas, I'm so happy to have you as a neighbour in Coronado! Happy New Year amiga

[@jamesrochester3802]

Hola Sarah! Quick question- What is my best source for information regarding finding housing rentals in the Coronado area? Mexico has TROVIT, so I was hoping that Panama and/or Coronado had an easily-accessed source as well. Thank you in advance for any help with this that you can/will offer. Have a great day!

[@marylisageorge8739]

My hubby and I will be there in May for a month to scout out areas for retirement.

[@denisefranco5490]

Hi Mary, what did you think? We are looking also

[@marylisageorge8739]

@@denisefranco5490 panama’s natural beauty is an overload for the senses. We stayed in Alto Boquete about five miles outside of Boquete proper. The small town is welcoming and busy. If you love nature go to the Boquete park behind the library. God showed off with the views.

[@jorgelamboglia8740]

Thanks for liking our country everyone is always welcome to Panamá 🐼♥️ this is from a Panamanian.

[@sokratesthinker8790]

Muchas Gracias, pero hay alguna gentle quién no quieren gringas... Ya hecho experienca menos bueno... 😟

[@jorgelamboglia8740]

@@sokratesthinker8790 Suena bastante raro la verdad puede que haya sido un caso aislado la mayoría 99.9% creemos que Estados Unidos son una nación amiga no me hace mucho sentido la verdad sin hacer menos tu experiencia claro Disculpa si alguien te trato mal acá espero puedas venir de nuevo y tener una mejor experiencia si es posible acá los gringos siempre han sido bienvenidos historicamente dentro de lo que es el panameño común sin incluir política.

[@newvibes3033]

Panamá is not ready for any of that quit lying to people Bro

[@jorgelamboglia8740]

@@newvibes3033 what are you talking about?

[@manrod15]

@@newvibes3033 Stop hating we are #1

[@jps0117]

As I understand, the pensionado requires proof of $1000/month income. Do you know if that must come from a company pension or government pension (Social Security) -- or can it come from a personal retirement account? Thanks!

[@nxadragon]

I want to know this answer too!

[@AlwaysHappy494]

@@nxadragon Me too.

[@raydavies3278]

lt can be either.

[@daveuygur]

Thanks For Posting This. Great Channel

[@user-mt9dv7jl1g]

I’m visiting this year next month.

[@leapintothewild]

The US State Dept website shows 180 days for US tourists, but I’ve seen 30/60/90 days quoted elsewhere. Is there an updated allowance for 2022? And if so, is it enough time for the residency process during that initial visit? I understand you’re required to have an attorney for the process, but haven’t researched what documents I’ll need to bring with me. Any links or info would be appreciated! Really appreciate this channel, loved this particular video, and excited to see more about your exciting move! Best wishes for an easy transition.

[@internationalliving]

Thanks for watching Marijka. We'll be publishing more videos about Panama soon. In the meantime, you can check out the Panama section of our website for lots more info: internationalliving.com/countries/panama/

[@floritacastrellon3862]

Jessica I like to Watch your videos. How could i talking to Charlotte of Panamá black expat community? Can you Give me her cel number

[@floritacastrellon3862]

K un k

[@melisataylor7533]

Loveeeeee this video and have share with friends and family 🌍❤️

[@kevinbradley142]

Hola amiga, I look forward to more videos, keep up the good work promoting PTY!

[@VegasNegus]

Very valuable info here. Thx.

[@franciscusjohannesburger3720]

Thanks for the video !

[@wgarnsey]

Thanks Jessica. We are planning on coming to Panama in April for a test drive. Any neighborhood in Panama City we should look at? We do not plan on renting a car. We are frequent travelers, so good neighborhood convenient to PTY would be ideal. Also, a little specific? My wife loves to sew and design clothes. Is there a sewing industry or sewing culture in Panama. That would be her chief hobby lving here.

[@leapintothewild]

Following! I’m a 45+ yr sewer, used to teach sewing, specialized in garments! Maybe we’ll run into each other along the way! Moving to Panama City later this year.

[@guillermogouldburn763]

@@leapintothewild If you like sewing you should check out the "molas" made by the Kuna tribe in Panama.

[@leapintothewild]

@@guillermogouldburn763 Yep, I already have a beautiful one I found at a thrift shop in Kentucky, of all places, and have made a few of my own! I'm excited to see more and hope to meet the artists in person, along with exploring many more art along the way.

[@huguecornez6682]

Hi, Jessica I'm from Brussels - Belgium and as I have lived in warm climates when I was working I have decided to cone to Panama for my retired time. Indeed I'll be receiving 2200 € of pension after August this year and I believe this is enough for the pensionado visa. So I booked an hotel in Boquete got the first week of November and we'll see. I have been happy to watch your videos. Thanks for all the useful info you give. Kind regards Hugue Cornez from Brussels

[@internationalliving]

Thanks for watching Hugue. Glad you're enjoying the videos. Please let us know how you get on in Boquete! If you have questions, you can reach Jessica on [e-mail].

[@marakaron3575]

Aaaw nice weather there...it's -10 degrees here in Toronto and we got 35 cm of snow on Sunday night!

[@guillermogouldburn763]

How did Costa Rica get a higher score in development than Panama? Have they seen Panama City? The infrastructure?

[@karencook2977]

As an expat, you can buy an apartment complex but you are unable to do short term rentals...is that accurate?

[@sokratesthinker8790]

BnB is possible and has a good offer here, too.

[@raydavies3278]

No,you can do a few weeks if req.

[@LunaPaige_ASMR]

Thank you for sharing. What about retired military. My bf is retired Army but still working, he's 50. Would these pensionado discounts apply to him.

[@ElenaCarvajal]

I'd like to know too. I'm only 54, but I've been "retired" for years (military disability). My Colombian husband and I are looking for a "safer" country to stay in until the day comes that his American visa finally gets approved.

[@raydavies3278]

Yes anyone.

[@fredweis2383]

Which countries are#2-3-4-5?

[@internationalliving]

Hey Fred. You can find the full list here: internationalliving.com/the-best-places-to-retire/

[@ForTheLoveOfHomes]

I can’t wait to make our exploratory trip there! Hope to retired early in about 7 years.

[@RoughBear]

-43 In Winnipeg , Manitoba .....yes moving to Panama

[@marakaron3575]

Can a non resident person buy property or you have to apply for residency before buying the property?

[@newvibes3033]

Don’t do no business in Panamá. They will take your money better yet don’t trust anyone in this country for that matter.

[@raydavies3278]

Yes, l own and have had a business, with little worries.

[@veltzon4322]

I plan on visiting Panama with my guy and we would love a tour guide to show us around can you help me with that . We are hoping to go this fall .

[@Cobe1976]

Any ideas on how the plumbing work opportunities are down there?

[@panamasarah]

I believe you would have an opportunity in the Beach Areas, I have a vacation rental business in Coronado, and find many plumbers and electricians are so so busy, there is room for more! Come down and I'll introduce you around and you can make the decision for yourself if would be worthwhile. I do suggest that you have savings, as it's stressful to move anywhere counting purely on full time work to keep you busy. Also, you will find that contractor wages will be lower that what you are used to, however inline with the lower cost of living. Imperative you speak to a lawyer to work legally in Panama.

[@Cobe1976]

@@panamasarah I really appreciate your response. I am fluent in Spanish as I grew up in Spain for part of my childhood and my dad‘s family still lives there. Someday soon I would definitely like to do what you are saying.

[@puravida5683]

I have been a permanent resident of Costa Rica for 10 years. I am considering selling my beachfront on the Pacific side, and moving to Panama. Costa Rica inflation and costs are much higher, than Panama.

[@JCA51698]

Hi Jessica! I'm glad to hear about the new digital nomad visa, as I've been wanting to move abroad while working for a US employer online. Do you know if this visa can be converted to a temporary or permanent residence visa?

[@raydavies3278]

Yes it can.

[@josenavarro554]

Whats the process for a retired person from USA to get residency in Panama? How much does it cost?

[@raydavies3278]

Costs now is $1000-1500 usd, and can take up to a year. A local lawyer her in Panama will fix for you.

[@hammyluvyoung9640]

Hi there and thank you for sharing. This is very informative for me. I would love to know about employment in Panama for all levels especially young people with HS Diploma who chose to work instead of college. What's available fir them. Also I'm a 55yo full-time employed RN and would like to know about areas of employment there for nurses?

[@Chris-zl9ft]

Hi HammyLuv. Unfortunately nursing is one of the protected career fields that are reserved only for Panamanian citizens. If you are not a Panamanian citizen you will not be able to work as a nurse.

[@tulbanemoore8405]

One of the many problems no one addresses is the Panamanian currency. Although Panama has its own currency (the Balboa), however, Panama also uses the U.S. dollar. The Balboa to U.S. dollar exchange rate is 1-to-1, which doesn't make since when it comes to GDP. The Gross Domestic Product (GDP) in Panama was worth 52.94 billion US dollars in 2020. Compare that to the U.S. GDP in 2020 at $20.93 trillion. So how did the 1-to-1 exchange rate balance off? Someone with subject matter expertise in economy explain this...I am not convinced that Panama is the best or most beneficial place to retire.

[@fanfare100]

Thank you. Why is this not surprising? :D

[@rapidresponserepairllc.man9552]

Yes what is 2nd 3rd 4th 5th?

[@huguecornez6682]

Hi dear lady. I'm Hugue 65 from Brussels- Belgium and I've decided to no e to.Panama for fiscal reasons first as the hungry Belgian taxman is shaving 500 € of my 2300 € of pension which I find irritating. But then I started watching the vlogs of people who had made the move and I saw the nature and I was sold. With the taxes that I'll not pay I can rent a 2 bed 2 baths flat somewhere in the highland or at the seaside. So I'll come to explore and open a bank account in May or June this year then fly to Brussels to submit my Panamean bank account information to the Office des pensions then I'll fly to.Panama for good. That's the plan . Cheers Hugue

[@db2466]

No es cierto todo está carísimo. Some of the foreigners living in Panama don't claim all the wages they pay to the locals and therefore actually take money from their retirement!!! One bottle of Listerine cost 8.00 dollars.

[@donnaclemmons3721]

Who goes to the movies anymore?

[@rogermichaelwillis6425]

January is winter in Panama.

[@raydavies3278]

We dont have a winter.

[@rogermichaelwillis6425]

@@raydavies3278 Technically, any place north of the equator is winter in January whether it's cold or not.

[@raydavies3278]

@@rogermichaelwillis6425, Tecnicaly yes, but people want to know about reality. Like oh,, should l bring boots, my skarf and gloves.

[@kiriaromero7581]

No, it's not. Summer season is in January February and March. Rainy season starts in April until mid December. The most rainy months are September, October and November.

[@rogermichaelwillis6425]

@@kiriaromero7581 Panama is north of the equator, correct? January is winter in any country north of the equator--it doesn't matter what climate it experiences.

[@greenacresKingFamilyAdventues]

Can you bring your car

[@raydavies3278]

Yes ,you can drive down and you get a break on importing it.

[@balboa32]

Fixing some of these horrible roads would be welcoming sheesh

[@guillermogouldburn763]

If you think the roads are bad, wait til you drive in the neighboring countries.

[@balboa32]

@@guillermogouldburn763 I’ve been to Costa Rica and Colombia roads are similar

[@guillermogouldburn763]

@@balboa32 not according to infrastructure rankings in Latinamerica, my friend.

[@balboa32]

@@guillermogouldburn763 I’m in Panama right now lol

[@balboa32]

@@guillermogouldburn763 according to eyes I can see horrible roads when I see them

[@gregoriousgotti5115]

Visit🇵🇦💯🌎

[@gulumamu2472]

is now panama safe while 2014 two dutch girls were killed and no one was arested?

[@raydavies3278]

Not true,they went hiking above Boquete and got lost in the jungle. l lived here for 15 years in Boquete.

[@gulumamu2472]

@@raydavies3278 ok !then how did they die?

[@raydavies3278]

@@gulumamu2472 Police reports are, that they secombed to the harsh conditions and were eaten by wild animals.

[@gulumamu2472]

@@raydavies3278 what does a house cost in panama?

[@carljung9230]

how about now? hahahaha

[@donnaclemmons3721]

I think Nicaragua is definitely safer than Panama.

[@guillermogouldburn763]

Dictatorship? Hurricanes? If Ortega decides to take your property what law is gonna stop him?

[@raydavies3278]

What, really, lol.