When you elect Panama residency, there are some very attractive benefits for retired expats that are hard to resist. Of course, since most pensionados are on a fixed income, the idea of paying less for many common expenses is quite welcome. Here are some of the retirement benefits available to alien retirees as young as 18.
Travel & Entertainment Benefits
Panama residency entitles you to many great travel and entertainment benefits, such as:
• 50% off the price of admission to movies, theaters, sporting events or other public events
• 30% off fares for buses, trains, small boats and ships
• 25% off the fares of national airlines
• 50% off hotels, motels and boarding houses from Monday to Thursday
• 30% off from Friday through Sunday
• 25% off restaurant food
• 15% off fast food chain restaurants
• 50% discount for passports
Health Care Panama Retirement Benefits
How about these great medical and health care benefits as a result of Panama residency?
• 15% off hospital and private clinic services, if retiree has no hospital insurance
• 10% off prescribed medications
• 20% off medical consultations
• 15% off dental and optometry services
• Adjustments to the price of medical insurance
Professional Fee Discounts
You can also get these handy discounts as part of your Panama retirement...
• 20% off technical and professional service fees
• 50% off closing costs and commissions for loans
• 15% discount on loans
• 1% reduction of mortgage interest rates
Discounts on Utility Expenses
Panama residency as an expat also entitles you to these discounts on your utility bills:
• 25% discount on power bills of less than $50
• 25% off fixed cost of telephone service
• 25% off water charges below $10
Panama offers the best residency retirement benefits in the world. If you're considering a Panama retirement, you'll want to be sure to include the value of these generous benefits as part of your decision-making process.