Panama is in Central America. It borders on the Pacific Ocean and the Caribbean Sea. International Living ranked this locale the world’s best retirement haven in 2019. Panama is well known for lush mountains, an outstanding climate and biodiversity. Popular expat destinations include El Valle, Coronado, Pedasi and Boquete.
Downsizing in Panama
If you are considering downsizing in Panama, there’s a few interesting things you should know about the place. For example, this is the only site in the entire world where you can see the sun rise in the Pacific and set in the Atlantic.
Rightsizing in Panama means that you will be living in the middle of history. The world-famous Panama Canal goes for 50 miles from the Pacific coast to the Atlantic side of the country. Panama is less expensive than many other countries so it is an attractive retirement destination.
Smooth and Hassle Free
Research tells us that you can live comfortably there for less than $2000 a month. If you’re looking at transitioning your lifestyle to wind up in Panama, the move should be smooth and hassle free. The residency laws that will allow you to move there are friendly.
If you’re thinking about rightsizing to Panama, one of the first things that should attract you is the location. It’s situated on a narrow strip of land between South and North America. The climate is tropical and the people are friendly.
Panama is known as a country that has extreme rich and extreme poor citizens. This locale is known for diverse animal and plant life. There are literally hundreds of tree species and different birds living there. As far as culture goes, Panama is well known for its vibrant music.
The population of the country was just a little over 4 million in 2018. A full 65% of the people who live in Panama are between 15 and 65 years old. Less than 7% of the population there are over 65 years old.
You’ll find lots of diversity here. There are very long coastlines if you’re looking to live by the water. Many of the activities in Panama include surfing scuba diving and fishing. If you’re looking for a cooler climate, you can check out mountain hamlets.
Are you thinking about transitioning your lifestyle to Panama? We can help with a complete lineup of services that suit your different needs. Why not contact us today so we can get started?