David realized that he would not be able to afford to stay in California so he started looking for a new adventure. He researched affordable place all over the world. Panama kept popping up as the best place to retire. So, he came to Boquete for the International Jazz and blues Festival with plans to stay four months while he explored with his life would be like in Panama. Within a few days, he realized he had found his new home. David moved from California to Panama in 2012 shortly after turning 70.
David has been able to substantially reduce his cost of living so he can live comfortably on just his Social Security. He’s living well on less than $1700 a month Social Security. He rents a furnished two bedroom house with all utilities included for $550 a month. It’s in a small gated community with 4 other houses.
If you’re like David and worried about the high cost of living where you are now, you should check out relocating to Panama where the cost of living is much more affordable. A good way to determine if Panama is right for you is our new and affordable ONLINE Complete Panama Relocation Guide to learn all the things you need to know to relocate to Panama in the 21 training modules. You’ll learn about the best places to relocate to in Panama and get our complete rolodex of reliable immigration lawyers, property managers, and much more. The Guide is ideal for those who are on a tight budget or if you prefer to tour panama on their own before relocating to Panama, just like David did.
Watch his video to learn what his life is like in Panama:
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