Panama continues to be one of the top destinations for North American expats. Here are the key reasons why: 1) The Pensionado Visa offers some of the best retiree benefits in the world. 2) US dollar as legal tender eliminates currency risk. 3) World-class healthcare at a fraction of US costs. 4) Strategic location with direct flights to major US cities. 5) Territorial tax system is favorable for foreign income.
This article provides general information and is not a substitute for advice from a licensed Panamanian attorney, accountant, immigration professional, bank, property inspector, or financial adviser.