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Here is what the media is saying about Panama

Newsweek (March 14, 2005) Panama retirement: How To Retire Abroad

A trend that demographers say will only increase as baby boomers start cashing their Social Security checks: Americans are retiring in other countries where the prices are low and the living is easy.

Panama retirement: REUTERS: DONALD TRUMP
Celebrity property tycoon Donald Trump plans a joint venture to build a 65-story complex in Panama City as developers ride a wave of excitement generated by a proposed Panama Canal expansion.

"Right now we have a booming baby boom market from the U.S and Canada, with retirees and investors looking for new locations."

Foreigners can buy and sell Panamanian property legally and easily, while also having the same rights and protections as a local Panamanian property owner. The key is to have experts handle your purchases to protect your investment.

one of only 5 places in the world that is recommended.

Janet 51 and Newton Osborne 68. The Osborne's had been thumbing through retirement community brochures from all over the U.S. when Newton, a professor of obstetrics at Howard University, considered the possibility of retiring in Panama—the country where he was born. "There are certain advantages to Panama," says Osborne, who has lived in the U.S. for 45 years and is planning to retire in the next few months. "I won’t have to shovel snow, and I won’t have to pay property tax for the next 20 years." So in 2001 he took a trip to visit both a coastal and a mountain community. He chose the latter and brought Janet to Boquete a few months later to look at property. They purchased a lot on a hill overlooking a golf course and have built a three-bedroom white-stucco house with a red-tile roof (total cost: about $250,000). "You can hear the sound of rivers here," says Janet. "It’s very peaceful."