retiring in Panama Archives | Page 6 of 8

Last Updated Sep 10, 2019 - by Jackie Lange

Funky Beach Communities in Panama

About half the people who come on a Panama Relocation Tour want to live near a beach. The other half prefer the cooler mountain weather which we visit also. During a Panama Relocation Tour, we visit several beach communities which offer a variety of different prices.

We focus on the beach communities which offer the most amenities without driving more than 10-20 minutes to buy groceries, see a doctor, banks, hospitals with emergency rooms, restaurants and shopping opportunities like clothes or hardware stores. Of course, reliable electricity, water and internet are top priorities too. A good road to get to the communities and houses is important too.

There are plenty of other beach communities in Panama, but unfortunately, they do not have very many amenities close by, so we don’t usually visit those areas. Most people, especially retirees, do not want to drive an 30-60 minutes to go to a nice grocery store, restaurant, doctor or a hospital.

When selecting a place to live in Panama, it’s important to think 5 or 15 years ahead and whether you will still be comfortable making a one-hour drive to see a doctor or buy groceries. If you have pre-existing medical conditions it is especially important to select an area that is close to doctors and a hospital.

Most people who come on a Panama Relocation Tours are also looking for ways they can reduce their living expenses. What’s affordable for one person may be cost prohibitive for others. Driving an hour to buy groceries adds to your living expenses not to mention the hassles involved.

The three most affordable beach communities on the Pacific side of Panama, which also have plenty of amenities, are (1) near the Coronado area, (2) the Azuero Peninsula near Chitre and Las Tablas and (3) in far western Panama in Puerto Armuelles.

NEAR CORONADO

Coronado has every amenity you could possibly want or need but it is also one of the most expensive areas to live outside of Panama City. However, if you drive just a few miles east or west of Coronado there are more affordable options like:

Gorgona is more affordable than Coronado yet you are only a few miles away from all the amenities in Coronado. In Gorgona, there are a few small grocery stores, some restaurants and bars plus a nice beach where you can swim and buy fresh fish every day. In addition to houses to rent, there are several ocean front condo complexes in Gorgona.

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Last Updated Oct 17, 2018 - by Jackie Lange

Snowbirds in Panama

A snowbird is someone to goes someplace warm when it is winter where they live. The snowbirds in Panama are primarily from Canada and northern states in the United States. They usually live in Panama 3-6 months out of the year starting in November or December. But we also have snowbirds from New Zealand who have an opposite schedule and arrive in Panama in late May.

Being a snowbird is the best of both worlds because you can live close to family and friends part of the year, but as soon as the weather gets cold you can head to Panama where the weather is always fantastic.

Previously, snowbirds went to Florida, Arizona or south Texas during the winter months. But because of the high cost of living in those states, snowbirds now are flocking to Panama where it is much more affordable and the weather is great year round.

Living in Panama does not need to be an all or nothing situation. You can live in Panama part time, as a snowbird. Some snowbirds rent while they are in Panama. Other snowbirds own a home in Panama which they rent out while they are not here.

Here’s a great video of a snowbird couple explaining why they came on a Panama Relocation Tour:

Panama Relocation Tours delivers the reliable, unbiased information you need to make an informed decision about Panama. And you will never be subjected to a sales pitch! We do not sell real estate.

If you’re looking for a place to retire, or be a snowbird, where the weather is perfect and it is more affordale, you probably already know that Panama is the top retirement destinations in the world.

Panama has great weather all year, amazing scenery, the best infrastructure in Latin America, and the friendliest people you’ll ever meet.

No matter what your budget is, there is a perfect place for you in Panama. Panama has 1500 miles of coastline and some of the most beautiful and tranquil mountain towns too.

Panama’s Pensionado (retirement) Program offers huge money-saving benefits and incentives. Even if you only live in Panama part-time, if you have a residency Visa, you can take advantage of discounts like 25% off airfare to anywhere in the world, 50% off tickets to movies and sporting events, 20% off at restaurants, 25% off utility bills, 20% off
prescriptions, and much more.

During a Panama Relocation Tour, you’ll learn all about how easy it is to qualify for the Pensionado Visa PLUS our attorney charges less than half what other’s charge.

Not ready to retire? Panama offers many other Visa programs and opportunities for entrepreneurs too.

One of the biggest benefits to living in Panama is the ability to get really good and affordable health insurance – even insurance that will cover you internationally.

All this and much more will be covered in great detail during a Panama Relocation Tour. We offer 11 Tours a year. SEE THE TOUR DATES HERE

Last Updated Mar 5, 2018 - by Jackie Lange

The Tale of Two Expats In Panama

An “expat” is the nickname for an expatriate or someone who has moved from their home country to a foreign country. In Panama, we have a lot of expats from many different countries. Some make a smooth transition to living in Panama but unfortunately some do not.

I’d like to tell you the true story of two different expat couples to illustrate how to make the transition to living in Panama easier and how to avoid some pitfalls too.

Expat Couple #1 came on a Panama Relocation Tour. They spent 6-days touring Panama during an all-inclusive tour all while learning:

♦ which reliable and affordable attorney to use to get your Visa in a week
♦ what their Visa options are, which one is the best fit, and why they need a Visa
♦ how to find a rental & what not to do when renting
♦ which questions to ask and what to check out before renting
♦ how to bring their pets in to Panama (and get them out of other countries)
♦ how to save 30%-50% on health insurance
♦ how to get a Panama driver’s license
♦ what to do if you get pulled over by the police in Panama
♦ how to bring precious metals in to Panama
♦ the unique micro climates in Panama
♦ which towns/elevation have their ideal temperature
♦ which towns are the most affordable yet still offer the amenities you need
♦ what NOT TO DO and what to AVOID
♦ and much more!

Because they took a Panama Relocation Tour, they were completely prepared when they moved to Panama. They know what to do, when to do it, and how to relocate to Panama so the whole transition was smooth and easy.

Instead of renting a car then driving around Panama, those who take a Panama Relocation Tour get to sit back and relax in a very comfortable bus while our professional driver takes care of the driving.

Expat Couple #2 did not have such a pleasant experience. They did not go on a Panama Relocation Tour. Before moving to Panama, they did spend a week driving around Panama to decide where they wanted to live and talking to as many expats as they could find. But they had no clue how to get things done once they moved to Panama. They purchased a used car in Panama City when they arrived in Panama the second time. Little did they know that it is better to buy a car close to where you want to live because they will have to go back to Panama City every year to get their annual registration OR pay a lot of money to get their registration moved to the city where they live.

Next, they drove to Boquete where they rented a house after seeing an ad online. They signed a one-year lease by email, paid a $1000 security deposit through paypal, then paid the first month’s rent when they arrived. After a month of living in the house, they realized they made a big mistake. The metal roof is extremely noisy when it rains. To make matters worse, their neighbors have 6 dogs who bark all the time and roosters too. So, after a month, they moved to a different house (losing their $1000 security deposit because they broke their lease).

They paid $2000 to an attorney in David to get their Pensionado (retiree) Visa. But, unlike Expat Couple #1, instead of getting their Visa in a week, it has been 2 months and they still don’t have their temporary Visa let alone their permanent Visa. It is very possible that the attorney just took their money but they will never get a Visa. Yes, that can happen in Panama.

Expat Couple #2 went to one of the most expensive insurance brokers in Panama to get their car insurance and their health insurance. They paid WAY too much for both. This alone cost them an additional $3000! It is so sad. By the way, it is better not to use an insurance broker when buying health insurance in Panama.

After another month in Panama, Expat Couple #2 does not like the second house they rented either. They decided the weather is too cold and windy in that area even though they love the house and the views. They paid $800 for the security deposit and signed a one-year lease. They will lose another $800 if they move out early.

Now, in total frustration, Expat Couple #2 is moving back to the United States after being in Panama just a few months. They lost $1000 on their first rental, they will not get their $800 security deposit back on the second rental, they lost $2000 paying the wrong attorney to get a Visa, and they will likely lose $3,000 to $5000 when they sell their car. They will not be able to get a refund on the extremely expensive health insurance they purchased.

That’s at least a $10,000 mistake.. which could have been avoided!

Luckily, they did not rush in to buying real estate. They would have lost even more money if they tried to sell the house quickly. And they did not ship down their household goods to Panama since the houses they rented were completely furnished.

It’s too bad they did not take a Panama Relocation Tour because they could have saved all the frustration and avoided losing all that money too. During a Tour, we educate people about how to avoid all these costly mistakes and how to get everything done an easier and more affordable way.

You don’t know what you don’t know! Mistakes can be expensive.

A Panama Relocation Tour is not an expense, it is a WISE INVESTMENT in your future life in Panama. If you’re considering relocating to or retiring in Panama, you should consider taking a Panama Relocation Tours to avoid ending up like Expat Couple #2. We still have a few spaces available for 2018 Tours.

SEE DETAILS & OUR DATES HERE

To Life in Paradise,
Jackie Lange

P.S. Next Article – Amazing Incentives for Agriculture Businesses in Panama.