Retire on the Pacific for $1,200 per Month
By Kathleen Peddicord | U.S.News & World Report LP – 18 hours agoPanama qualifies as one of the best places in the world to think about retiring overseas for many reasons. Its location is at the hub of the Americas and the country has developed, near-first world infrastructure. The U.S. dollar is the currency, which makes relocating much easier for expat Americans. There are also international-standard medical facilities and many affordable options for health insurance.
Another reason Panama is appealing to retirees is that it offers up many distinct lifestyle options. There is urban life in Panama City, cooler mountain climates, and a number of beautiful and tempting beachfront choices. The trouble is that many of this country's top beach options have become discovered and, therefore, more expensive than the typical retiree on a budget can afford.
One important exception is Las Tablas, on the Azuero Peninsula. This is the first town of note along what is emerging as this country's Gold Coast. Other beaches are easier to access from Panama City, but these "city beaches" have gotten expensive. Panamanians like to be able to leave work on Friday afternoons and reach their places on the water by dinnertime, and they are willing to pay a premium for that privilege. Properties at these Panama City beach areas have appreciated in value over the past several years, and retirees may not find them worth the high housing prices.
It'll take you four hours to reach Las Tablas from downtown Panama City. The good news is that you can travel along a well-maintained highway door-to-door. Once you've made the drive, you are greeted by a charming and lively town center, a welcoming local population, and a long-established community of Panamanians and expats who savor their ultra-affordable seaside lifestyle.
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