Panama Too Expensive? Complete Bull!

newsnviews2.jpg“You can still find apartments in sought-after areas of Panama City for $80,000 and live well on $1,200 per month!” 

Dear International Living Reader,

Let’s set the record straight.

Last year, we heard rumblings that Panama had gotten more expensive… that it was no longer a real bargain.

The Panama that had been our favorite for years deserved a broader approach, so we took a fresh look… a deeper look…

Panama has long been the prime choice for retirees, second-home buyers, and property investors alike. Readers have retired in style, enjoyed terrific vacation homes, and made money. The country deserved the #1 spot on our Global Retirement Index for six straight years—it’s been a winner from the start.

But once we decided to dig deeper… to broaden the appeal of this successful destination… our work paid off.

Yes, we’re still well-connected to the premium property market that has made Panama a mainstay with property buyers and investors from around the world. The Panama that offers the luxury of Miami at a fraction of the price is still there… and it’s still growing.

But there’s more…

We tapped into the local market and found investment and lifestyle properties that are so affordable, many people thought they were gone. Properties marketed to the local buyer rather than the foreign buyer, including

  • Apartments in Panama City for $80,000… and less
  •  Prime mountain lots just minutes from the best Pacific beaches for $70,000
  •  Good rental apartments starting at $350 per month
  • Beachfront lots on the shimmering Pacific at $125,000 for almost an acre… with small beachfront parcels starting at an amazing $38,000!
  • A rolling green 10 acre farm in the hills of Chiriquí for just $30,000.
  •  Expensive? No… it’s a bargain.

It’s the hidden, affordable Panama. A place where you can still live on $1,200 per month.

What’s more, Panama still offers 20-year property tax exemptions and the renowned Pensioners’ Visa, one of the best—and easiest to obtain—retirement programs in the world.

And there’s more… take a look why people are choosing Panama today:

  • It’s close to the US; less than three hours from Miami on an inexpensive flight
  • Panama boasts high quality health care at a fraction of what you’d pay at home
  • The government offers the world’s best retiree discount and benefit program
  • Panama uses the US dollar, protecting its residents from the dollar’s decline
  • Panama is geographically diverse, with mountains, beaches, the region’s largest percentage of unspoiled rain forest, and good city living. The property market is liquid, and has provided good rental and capital returns
  •  The people are lovely, friendly and welcoming… arguably the #1 reason for settling here
  • And the best part? You can relax… knowing that your retirement is comfortable and secure, and that your money will stretch further than it could in other places.

Today, there is more happening in Panama than I could possibly share with you in a letter like this. That’s why I’m inviting you to join me in Panama this summer.

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Original Source: getrichordietrying2007.com
Date Retrieved: May 13, 2009.