There are several benefits to settle in Panama, including:
- Affordable cost of living: Panama has a relatively low cost of living compared to many other countries, especially in North America and Europe. This makes it an attractive option for those looking to live comfortably on a budget.
- Beautiful scenery: Panama is known for its stunning natural beauty, including tropical forests, white sand beaches, and the Panama Canal.
- Proximity to North America and South America: Panama is a convenient location for those who need to travel frequently between North America and South America. The country is located at the crossroads of the two continents and is a hub for regional travel and commerce.
- Stable economy and political environment: Panama has a stable economy and political environment, making it a good option for those who are looking for a calm and safe place to live.
- Modern infrastructure: Panama has modern infrastructure, including a well-developed transportation network, reliable electricity and water services, and high-speed internet connectivity.
- Diverse culture: Panama is a culturally diverse country, with a mix of indigenous, Afro-Caribbean, and Spanish influences. This diversity is reflected in the country’s art, music, and cuisine.
- Tax incentives: Panama offers tax incentives for retirees, expatriates, and investors, making it an attractive option for those who are looking to reduce their tax burden.
- Growing expat community: There is a growing expat community in Panama, which can be a great resource for those who are looking to make new friends and connect with like-minded individuals.
If you would like guidance on moving to Panama, please contact us.