In their Oct. 2 issue, Forbes Magazine rated Panama in the top 10 for retirement.
Below are excerpts from the article.
Panama: If you’re a sun-worshiper determined to protect your assets from overreaching Western governments, consider countries like Panama or Malaysia.
Exotic Panama, that sunny nation in Central America, gateway between the Pacific and Atlantic oceans, has adopted the U.S. dollar as its official currency. Move there and your assets and liabilities are matched.
Panama has almost everything: year-round sun, low taxes, massive discounts for seniors, first-world amenities, quality private hospitals, bird-filled rainforests, a dollar economy and easy flights from the U.S. Panama City is considered safest of all Central American cities, with worldly buzz because of the canal, and a World Heritage Site.