Panama has become a retirement site for many American and European immigrants. There is a reason for the growing number of immigrants in Panama because people are waiting for a comfortable life at a low cost of living. Almost everyone dreams of having a beautiful house in a beautiful environment, and Panama can definitely answer this dream. Coupled with a cheap lifestyle, Panama's better life is easier to achieve and then maintained as people grow up with the comfort of friends and family.
Panamanian expatriates are usually Americans and Europeans who have pensions for consumption. Some are richer than others, have the ability to buy a house, while others do not. However, all of these people just want to enjoy a good life and experience a very sad and happy life. In Panama, health care, food, clothing and recreational activities are cheap; therefore, retirees are allowed to make the most of their pensions. Because of the low cost of living, these people have the ability to buy what they want.
Panama has many scenic destinations for tourists and expatriates. There are well-preserved rainforests, sleeping volcanoes, hiking trails, hiking beaches, tan beaches, historic areas and iconic Panama Canals. . Panama can go hiking, swimming, surfing, horse riding, zip and more.
If you are considering eating, Panama's juicy fruit is affordable. You can buy 100 oranges for just $4, so you can eat this delicious fruit every day. Boquete Panama is also known for its fine tasting coffee. Foreigners like local cuisine such as Sancocho, as well as Yuca Frita, Pescado, Patacones and Carimanola. A couple in Panama can have lunch at a restaurant for just $8 [including drinks].
Another reason for the growing number of foreigners in Panama is cheap and high standards of health care. Panama City has state-of-the-art hospitals comparable to hospitals in the United States and Canada. The advantage of these hospitals is that they are inexpensive. Doctor consultation will only cost you $10, which is much cheaper than what you might spend in the US. Prescription drugs and medical procedures are equally inexpensive; therefore, making Panama a popular destination for medical tourists.
Foreigners in Panama are usually found in Panama City, Coronado, Bocas del Toro and Boquet. The latter has a large immigrant community because Boquete's climate is much cooler than other Panamanian towns. Boquete is a developed alpine plateau. Therefore, the weather in this town is much cooler, and the foreigners living here are very happy.
Panama is actively accelerating development, as evidenced by the various infrastructure and development projects currently lined up. The Panama Canal is planned to be expanded, as well as new roads, new international airports, mining projects, etc. Foreigners choose to live in Panama because they are on the right track in terms of growth. Panama is moving towards a brighter future, which will not only make its citizens, but also the tourists and foreigners who make the country their second home.