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Panama makes it even easier for retirement

Tuesday, October 23, 2012

Furthering its reputation as one of the world’s top choices for foreign retirees and expats, Panama, through a series of presidential decrees beginning in May 2012, has made a significant addition to its already generous list of residency programs. Panama’s pensionado program, which allows retirees who can show an income from a pension or Social Security of at least $1,000 per month, is the gold standard of overseas retirement residency options. Now, with what is being referred to as the “Specific Countries” program, this Central American country is opening its doors even wider to citizens of countries deemed “friendly” by the Panamanian government.

Source: US News