The Annual Retirement Index takes into account the infrastructure, fiscal benefits and quality of life of the countries to determine the best destination to retire after retirement.
When the retirement stage comes, many people think of moving to more peaceful places to live their lives with less stress and enjoying nature and tranquility. The Annual Retirement Index has determined which are the best destinations to retire after retirement, and in the top 10 of the list are 6 Latin American countries.
The magazine International Living has made its Annual Retirement Index, and has placed Panama in first place as the best destination to retire after retirement. This country has taken first place for its infrastructure, its climate, and for the legal and financial benefits it offers, although this index is focused on the English-speaking pensioner community, which means that if English is spoken in the country of destination, more likely to be in the first places.
Panama has been the number one country in this index 10 times. It stands out in the categories of lifestyle and entertainment, and this year also in those related to benefits and discounts, visa, government and development, as reported by CNN.
Panama has a National Program for retirees, pensioners and the elderly in which it offers special benefits for retired people, such as discounts in movie theaters, theaters, concerts and sporting events, in airline tickets and land transportation, in the electric bill, in hospitals and hotels.
There is a requirement to apply for permanent residence as a retired person or pensioner, which is to prove that you have financial solvency to live in the country.
In addition, its tropical climate, warm, and its location is far from the points where various natural disasters can happen. Panama has paradisiacal beaches like the beaches in Coronado and Bocas del Toro, which are clean destinations without a large crowd of people.
Panama has a low tax burden, and also has a good health system in the capital, Panama City, where half of the country’s residents live, and it is the only capital in the world that has a tropical rain forest within the city. This country also ranked first in the happiness index, ranking as the sixth happiest place in the world.
This is the top 10 of the best destinations to retire after retirement, according to the Annual Retirement Index:
- Costa Rica