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Old 11-15-2016, 03:29 AM
 
2,054 posts, read 3,352,972 times
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I'm wanting to leave the US and Panama looks attractive. I was wondering if there are any US ex pats here that have made the move, either for work or to retire? My monthly income is not much from soc sec ($1200 a mo), and I don't drive. Can it be done on that amount? Can you get around by bike and public transportation in the larger places like Panama City? And what about health care? Any affordable health insurance if you are not a Panamanian citizen? Thanks.
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Old 11-15-2016, 09:19 AM
 
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Costa Rica is the more common ex-pat spot I believe but I'm not real sure what the cost of living difference is between the two.
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Old 11-15-2016, 02:52 PM
 
Location: Tennessee
1,069 posts, read 749,809 times
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If you Google "retiring in Panama" you'll get multiple hits that are probable more accurate and credible than anecdotal information posted here. Good luck!


7 Things Retirement Websites Won't Tell You About Living in Panama - Panama For Beginners


https://internationalliving.com/coun...panama/retire/


How do you retire on $25,600 a year? Move to Panama - Jul. 21, 2015


http://money.usnews.com/money/blogs/...ring-in-panama
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Old 11-15-2016, 02:59 PM
 
Location: Europe
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A lot of expats living in Panama post at Discussion Forum - Boquete Panama there is also information on the site.
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Old 11-15-2016, 07:56 PM
 
Location: IN MY BED
439 posts, read 523,419 times
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Quote:
Originally Posted by wanderlust76 View Post
Costa Rica is the more common ex-pat spot I believe but I'm not real sure what the cost of living difference is between the two.
Costa Rica is way more expensive than Panama.
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Old 11-16-2016, 07:47 AM
 
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Quote:
Originally Posted by folicure View Post
Costa Rica is way more expensive than Panama.
Yeah I figured it might be... the cost of living in CR has been going up. I still think the op should consider it though.
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Old 11-18-2016, 08:47 AM
 
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Could Panama be done on 700 per month, if let's say you shack up with a woman and pool resources?
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Old 11-18-2016, 06:53 PM
 
Location: Toronto
6,750 posts, read 5,746,003 times
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I am no where near retirement... but I have been to Panama and Costa Rica (yes only for a week and not exactly wondering around on my own too much) ... but other then the better weather ... I am not getting the great pull to retire there unless you are actually on the beach and even that can get a bit old fast if in an isolated place. Ex Why would someone want to retire in San Jose or Panama City? They are not bad places ... but not exactly feeling this huge reason for this? Compared to a major cities in the USA or Canada there just does not seem like that much to do if you have not much to do all day long because you are not working?

Anyone want to fill me in on why these places seem to be attracting attention for retirement? I have heard that a good number of Canadians have started to retired in Panama City.
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Old 11-18-2016, 07:42 PM
 
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I have a coworker who will be there as soon as he retires in a few short years. He already has a place down there and loves it. He visits so frequently he keeps a tan. (the dog!)
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