(Marketwatch) Mary Taft lives with her two daughters, seven cats and two dogs in a mansion in Panama — and she wouldn’t have it any other way. But the former teacher and school administrator didn’t always know that a Panamanian retirement was in store for her. Indeed, as she consulted with her two adult daughters about where to move, dozens of spots were on the table. … [Read more...]
Tips for Renting in Panama
(Panama Relocation Tours) Renting a house or apartment in Panama is not like renting a property in North America or Europe. Many of the things you take for granted do not necessarily come with a property in Panama. You do not need a residency visa to rent in Panama. To find a rental, see the links to web sites listed below. However, many of the best rentals are NOT advertised … [Read more...]
Retiring to Panama’s Pacific Coast
Peg Fairbairn's 30-year tenure teaching in Texas' public schools was winding down. She was coming face-to-face with retirement and beginning to panic. Fairbairn's partner, April Hess, was still working as an accountant, but didn't want to be for much longer. The pair dreamed of retirement, but had only (USNews) Fairbairn's pension to fund it. With taxes, rent, health … [Read more...]
Panama attracts retirees and more
(Globe and Mail) Part of a growing trend of retirees searching for more exotic and less expensive lifestyles, the tiny isthmus nation of Panama has become a magnet destination for North American boomers. But the reason their property values are once again on the increase has less to do with the lures of leisure than with that country’s vibrant business economy, one ranked by … [Read more...]
Move to Panama and retire on $25,600 a year
(CNN Money) Peg Fairbairn and April Hess will tell you they're living the dream. They moved from Austin, Texas, last year to retire in Panama, at ages 58 and 53, respectively. They live by the beach, say they have all the comforts that they were used to at home (mostly), and do it all on a budget of $2,133 a month. Moving abroad in retirement isn't for everyone, but for this … [Read more...]