Panama is a land of adventures but recently has became into a country of rest recognized at international level in a way that the Modern Maturity Magazine from the American Association of Pensioned People qualified our country as one of the main four regions of the world for Americans that live abroad.

Meanwhile, the International Living Magazine qualifies our country as the number one region outside the United States for establishing a second home and adds that this fact is due to the outstanding security, infrastructure, weather and beauty that invite the foreigner to live here.

It is important to highlight that United States' statistical reports revealed that at least some 80 million people will retire during the next 10 year in that country, being the Republic of Panama one of the four most interesting and economic destinations for this sector of the American population.

Facts like lower costs of life and the usage of the dollar as the legal tender make the Republic of Panama a very attractive place to live for the older American adults.

In Panama the older foreign adult has the possibility of acquiring dwellings specially designed for them, with tariff rates that allow them, in case of obtaining retired financier's visa, great advantages. Equally they have rights to 15% discounts on the consumption of some products and services on hotels, restaurants, movies and several professional services; as high standards on medical treatments.

If you are a foreign pensioner and want to establish yourself in Panama, you will need a financier's visa which no more that the status that you achieve by fulfilling the next requisites established on the Law #9 from June 24, 1987; that request the following:

Evidence of economic solvency previously established.

Certificate of good health.

Acceptable police record issued by the applicant's country of origin.

It is important to mention that this status, retired financier, allows people to import articles of domestic or personal usage once up to the sum of 10,000 dollars, import a vehicle for personal or domestic usage each two years; as the exoneration of inheritance's taxes.

Besides of all these advantages, the Republic of Panama is considered one of the most adequate places for living because of the security that it is provides to its visitors, in a way that they could ride by the city without fear at night. On this matter, the country received its highest qualification on the tourist's security by being recognized by the prestigious Pinkerton Global Intelligence Services as one of the countries with more security toward the tourist.

Besides of security, the pensioner finds here everything at accessible prices because our country possesses the area's lowest tariffs; and given the American permanence due the Canal's construction, there are areas very similar to the ones found in the United States, like the buildings from the reverted areas and the supermarkets. Likewise, the educational system, specially the private, is bilingual and the country hosts at least three branches of American Universities in Panama City.

Finally, you could find in our country diverse restaurants that will make feel you like home as Bennigans, TGI Fridays, McDonals, Burger King, Pizza Hut, Dominos, KFC among others.

For these reasons and many others more, Panama is also “Land of Rest”, come to live in Panama.