Why retire in Panama? Here’s the short version based on my observations and experience following forty-five years of living and working all over the world.
1) It’s a democracy with freedom.
Freedom of the press, assembly, speech, and religion are all found here. Panamanians are not shy about sharing their feelings and their concerns. Elections are free, honest, and competitive.
2) There’s no military.
Following the dramatic end of General Noriega’s regime in 1989, Panamanians decided they would never again fear that a military general would become a dictator. They closed down the military. The national police force is just that, a police force, and the territorial integrity of Panama is guaranteed by the United States. They don’t need a military and they have the good sense to know it. [Read more…]