Panama is a special place. The Panama Canal is a large reason for Panama’s economic success; 77% of their GDP comes from their service sector, of which the canal and all of its container ports, flagship fees and tourism form a large part.

Such a successful economy means that living in Panama is easier than living in a country such as Bolivia, which is the poorest South American country, and one of the more dangerous besides.

Plus tax and price discounts for moving to Panama exist as incentives, and the parity between the American dollar and the balboa, the Panamanian currency, make it so that dollars are easily traded and used. Living in Panama is a lot like living in a more tropical, less traditional part of the United States.

Why wouldn’t you choose Panama retirement? The alternative, retirement in a typical American suburb, is so boring, repetitious and blase; while the former provides opportunities for adventure and tranquility different from the traditional Florida retirement experience.

The beaches in Central America, Panama particularly, are some of the world’s best. Clean white beaches, turquoise waters and island breezes blowing over the sea provide an ideal retirement setting. What more could you ask for?