Hi I moved to Panama a year ago and I love it.

Hi I moved to Panama a year ago and I love it. I have lived in Puerto Rico, Peru, Miami, Atlanta, Indiana and Panama is by far the best choice for retirement. You must remember, and a lot of people often forget, that Panama is still a third world country. BUT with lots of advantages like currency, cost of living, life style, and much more. It's a lot safer than Puerto Rico and Miami. You can have a maid for $350 a month. Fruit and vegetables are always fresh. I even became vegetarian in Panama. If you like sports, every weekend there is at least two sports events in the City or at any of its provinces. Panama has a lot of beauty. I do agree that the service industry needs a lot of improvement. When it comes to people and manners the average Panamanian is behind. However, my close Panamanian friends are well educated with manners, very good people. Traffic is an issue, like any cities such as Miami, New York, Atlanta. I have learned 'short cuts' and always managed my way out of it. One more thing, I have visited 75% of the country, I have been to places like Torrijos Carter, San Miguelito for business as well as Boca Chica, Las Lajas, Boquete, San Blas and great resorts. In summary, I know Panama very well and my experience has been fantastic. 

 

I am permanent resident of Panama and US citizen. During my 15 years career in Corporate America I was expatriated to the US, Peru and the Dominican Republic. With the world economic situation, I found Panama as “the land of opportunities” and decided to move abroad. My family and I have experienced the whole process of relocating ourselves. We have learned the Panamanian “system” and requirements. I must admit it was frustrating and disappointing. Finally, after loosing lots of time and money, we met the right people and were able to process our residency. There are lots of scam out there, lots of attorneys that just take your money and disappear.   

 

WHAT YOU SHOULD KNOW - THIS IS HOW WE DID IT! 

Executive Decree No. 806  October 9, 2012​ - If you are citizen of any of these countries you can opt for residency like we did. The process takes 6 - 8 months depeding on how soon you present the paperwork. 
COUNTRIES: Canadá; Confederación de Australia; Confederación Suiza; Corea del Sur; Estados Unidos de América; Estado de Japón; Estado de Israel; Gran Ducado de Luxemburgo; Hungría; Latvia; Nueva Zelanda; Principado de Andorra; Principado de Liechtenstein; Principado de Mónaco; Reino de Bélgica; Reino de Dinamarca; Reino de España; Reino de Noruega; Reino de Suecia; Reino Unido de Gran Bretaña e Irlanda del Norte; Reino de los Países Bajos; Región Administrativa Especial de Hong Kong; Republica de Argentina; Republica de Austria; Republica de Checa; Republica de Chile; Republica de 
Chipre; Republica de Croacia; Republica Eslovaca; Republica de Estonia; Republica Helénica (Grecia); Republica Federal de Alemania; Republica Federativa de Brasil; Republica de Finlandia; Republica Francesa; Republica de Irlanda; Republica de Lituania; Republica de Malta; Republica de Montenegro; Republica Oriental de Uruguay; Republica de Polonia; Republica Portuguesa; Republica de Servia; Republica de Suiza; Republica de Sudáfrica; Republica de Taiwán; Serenísima República de Marino. 

 

Let me know if you would like more information.