Making the most of their money is, of course, a prime concern for retirees. The US dollar is the currency. Panama is known for its banking center where inflation rates are some of the lowest known.
We all know of someone wanting to relocate to a tropical, stable, safe country where it is very economical to live in comparison to other developed countries; where foreign earned income, capital gains, and interest income in not taxed; where there are no frivolous law suits and assets are protected through a corporate shield; where you can begin a business economically without heavy restrictions and regulations that hinder growth; where real estate is still affordable…and most important of all: IMMIGRATION LAWS are geared towards the investor or retiree, the so-called Baby Boomer who make up the breed of old folks who think young and judging from the many calls I get….folk that are not ready to sink into quiet retirement but seek a new and active life. Panama can offer all of this and MORE!
Also known as the “Crossroads of the World” the city has an international feeling like no other with it’s diversity, many casinos, nightlife, shopping, eco-touring and the Panama canal, one of the world’s seven wonders!!
So don’t be afraid to venture out of the box; out of your comfort zone…YOU would be surprised how savy people already are and how many people throughout the U.S. and Europe are already venturing south on their own..
TAP into this new interest in investing outside our borders…you would be positively surprised on the ease of investing there.
Panama is like being home at half the cost.!