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Know All About Retirement Visas in Panama

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Thinking of a better future for yourself after having slaved through almost half of your life waiting on your boss’s orders and striving your every sinew to keep the clients happy and contented? You must be. And an option definitely worth considering is going in for a Panama visa after your retirement. Act fast for there are countless others in the queue.

What Is The Appeal Of The Republic of Panama?

The Republic of Panama may be a small bit of landmass nestled amidst the two continents of North and South America, but it has gained huge popularity as a place possessing umpteen scenic beauty, an enviable standard of living, an atmosphere that is conducive to set up businesses, own property and enjoy numerous other benefits.

To elaborate, Panama just happens to be one of the safest countries in the world and THE safest for tourists as deemed by the Pinkerton Intelligence Agency. And if gazing out at miles of open sea or the lofty mountains in the distant horizon doesn’t appeal to you much, consider the following:

Tourists gush about the quaint charm of Panama but there’s absolutely no reason to think that Panama lacks on the modernity front. In fact, Panama City can rival any other glitzy and swanky capital of the world with its assortment of global-standard eating and accommodation options and all conceivable forms of modern amenities in the communication and infrastructure fronts.

Probably one of the prime lures of Panama, for the retirees especially, is that the cost of living herein is almost a fraction to what you expect in USA.

What is more, the US dollar is perfectly acceptable in Panama.
The medicinal facilities in Panama rival those in USA.
You can own property in Panama and furthermore, enjoy exactly the same rights and benefits as the Panamanians.

Now aren’t these reasons enough to choose the Republic of Panama to spend the rest of your life in absolute bliss. In fact, these are the reasons why people visit Panama and keep coming back for more.

What Will A Retirement Visa In The Republic of Panama Entail?

Days of peace where you can lounge in the patio without having to worry about the sales figures or frolicking with your grandchildren without the pressure of coming on tops with the client presentation are the things on mind with most retirees. Now they also think of bagging a Panama visa.

And this is no wonder, considering that Panama has the best retiree incentive program in the world. Take stock of the following:

You need not pay any property taxes if your property happens to be your only place of stay in this place.
Your retirement visa also entails you to anything between 15 to 50% cuts on hotels, restaurants, movies and many other professional services.
You get to bring in all your household goods into the country and for free.
You can bring in a new car every two years for your own use
You need not pay any income tax for the pension you receive and not even on the interest you receive from your fixed term deposit.

What Do You Need For A Retirement Visa in Panama

With all these incentives, you must be dreaming big about a Panama retirement visa. And the best thing about such a visa in the Republic of Panama is its supreme ease of availability. The requirements are at best minimal.

All that you will need are the following documents:

A health certificate from a certified Panamanian physician.
You draw a minimum monthly income of USD 500 and USD 100 each for any dependents.

What is more, with your retirement visa, you need not have to undertake any sort of warranty deposits.

It is guaranteed that you will fall in the love with the place when you visit Panama. And the Panama retirement visas ensure that you get to live in a place of your choice.

For discounted fees for obtaining a Panama retirement visa (pensionado) please see our link below, or contact us for more information.

 

 

 

 

 

 

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