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Panama
foreign, warm-weather locales. This
peaceful, prosperous country is
wonderfully immune.
But when you’re looking for
bright lights, razzle dazzle and bigcity,
world-class amenities, you will
be susceptible to the many charms
of Panama City.
A fascinating blend of history
and ultra-modern urbanity, the
country’s capital and largest city
dates way, way back to 1519.
Located by the entrance to the
Panama Canal, on the Pacific coast,
Panama City is a bustling international
banking and business centre
and a chic destination that offers
wonderful museums, beautiful
parks, a spectacular skyline and an
impressive collection of hotels,
restaurants, housing and fine stores.
Leisure and entertainment offerings
are attractive and abundant.
Shopping, dining, night life,
culture, historic sites and green
Panama is...
paradise for
Canadian retirees.
space here are truly fabulous – and
very attractive to newcomers to the
country.
Better yet, you can chat away
and truly get to know people in
Panama. While the official language
is Spanish, many
Panamanians, especially those in
Panama City, speak English.
Modern infrastructure and
communications systems also
make life pleasant and easy. You
can stay connected to folks you
know because the internet is still
just a click away.
And you don’t pay taxes on
income you generated outside the
country. In fact, there are all kinds
of tax breaks.
Amazing Pensionado
Program
But probably one of the most
captivating things about retirement
Panama is one of the best
places in the world to retire
today. A low cost of living,
near-perfect weather, fabulous
scenery, relaxed pace
and affordable real estate
conditions make Panama
a destination of choice for
those looking for their
place in the sun.
Meet your Canadian
connection to paradise.
September 2008 • 66 • Fifty-Five Plus Magazine
in Panama is the country’s amazing
Pensionado Program. It has
often been described as the best
perks program for retirees on
Planet Earth.
Take a look at a few of the
highlights:
• There’s a one-time exemption on
import duties for personal goods
up to $10,000.
• You can buy a car every two years
with no import duty.
• There are considerable discounts
on everything from health care
services and medicines to utility
bills, professional and technical
services, public transportation
fares, restaurant and entertainment
tabs.
Put simply, you can live better
here. The setting’s sublime, your
money goes lots further and it’s a
feel-good place to be.
There’s everything to love
about retiring in Panama.
ProAlliance Realty, Brokerage
INDEPENDENTY OWNED AND OPERATED
Joe Dumond
Broker
640 Cataraqui Woods Drive
Kingston, Ontario, Canada
cel: 613-539-2265
office: 613-384-1200
toll free: 1(800)862-4443
web: www.joedumond.com
Tatiana Alvarado
Sales Representative