Special Benefits For Retirees In Panama

The law outlining benefits for retirees in Panama was written in 1987, known as Ley No. 6 del 16 de junio de 1987 adjustments to that law were made in 1989 and 1992. The benefits for retirees in Panama are some of the best worldwide and certainly the best in the region. Here is a list of retiree benefits: 

You can import a car into Panama every two years tax free. 
Discounts on pensions, motels, or hotels 
Pay less on medical bills if not covered by insurance 
Prescribed drugs are discounted by 10% 
Airfares are discounted by as much as 25% 
Restauants will give a discount 
30% off Public transportation 
You may import household goods worth up to $10,000 tax free 
20% off Medical services 
25% off light bills, water bills and cable bills 
No property Tax if Panama is where you own your only home
Lawyers, Nurses, Therapists and other professions give discounts 
Home furnishings bought in Panama are tax free 
Interest rates on Commercial loans are lower for retirees 
National and foreigners are equal under the law in Panama
50% off recreation, such as movies, sports events, ballet, parks all have a discount for retirees 
50% off Hotels.

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Studying In Panama

FSU-Panama is the second oldest University in Panama. It has been operating in Panama since 1957 and offers majors in Computer Science, Environmental Studies, Information Studies, International Affairs, Interdisciplinary Program In Social Science and Latin American and Caribbean Studies. The University is located in the old U.S. Canal Zone and lies directly under the Bridge Of The Americas, the bridge that connects North America and South America. The University provides housing at a very reasonable price and tuition to the school is much less expensive than most universities in the States. Classes are in English and most students that spend their four years at the University learn Spanish. So you get Spanish as well as English as well as a U.S. recognized degree and you also stay out of the cold and get the chance to visit other countries in the region without having to travel so far. Click Here to read more about FSU-Panama.

Letters From People Who Have Visited Futuro Forestal

"I invested into FSC certified forestry with Futuro Forestal, because this is a smart way to combine ecological economical and social approaches in a stricken third world country. Especially the idea of reforesting in Panama as a profitable investment convinced me. I have been in Panama to see the project with my own eyes. I was impressed to see how professional the job is done there to benefit local people as well as the investor.

This concept as a whole approach was important to my decsion to invest and parts of my future retirement savings will be shifted into this opportunity"

Bernt Kamin
Chairman of the Work Committee
Seaport Hamburg

"We appreciate your practical experience with the plantation and the capacity to create a multiculture forest of primarily native species and to succeed in making the venture profitable and sustainable. We look forward to a continued positive relationship with Futuro Forestal."

John Spears, Senior Advisor, the Forest Team, and Socially Sustainable Development The World Bank in a letter to Futuro Forestal

Resources:

Moving To Panama Living In Panama -Our Section On Moving To Panama Living In Panama - If you need more info. on moving to Panama this section should help answer some of your questions.

Embassies & Consulates for Panama - Embassies & Consulates of Panama Worldwide

Read The Article: Two Days At The Beach - Las Lajas, Panama ~ by Kent McNaughton - On a previous trip to Las Lajas beach in the western Chiriqui province of Panama, while trying to lay out lines on the beach property bought by a fellow client of our real estate agent - Miriam, we came across Pancho, the caretaker of a neighboring property. Pancho invited us to use this place, if we wanted. We took him up on his offer and made plans for Good Thursday, Friday and Saturday.

Take A Virtual Tour Of Futuro Forestal - Click Here to see more.
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To Contact Futuro Forestal Click Here
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Flora And Fauna Of Panama
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Hotels In Panama
Cesar Park - Very Expensive - Panama City
Reservations: http://www.caesarparkpanama.com/
Hotel Panama - Very Expensive - Panama City
Resevations: http://www.elpanama.com/english/home.html
The Bristol - Very Expensive - Panama City
Reservations: www.thebristol.com
Hotel Crystal Suites - Mid-Price - Panama City
Reservations: http://www.crystalsuites.com/English/index.htm
Gamboa Rainforest Resort - Very Expensive - Canal Zone
Reservations: http://www.gamboaresort.com/gamboa_reserve_now.htm
Hotel Roma - Mid-Price - Panama City
Reservations: http://www.hotelromaplaza.com/index-en.html
Hotel Plaza Paitilla Inn - Mid-Price - Panama City
Reservations: http://www.plazapaitillainn.com/ingles/menu_in.html
Hotel Caribe - Inexpensive - Panama City
Reservations: Click Here
Hotel Executive - Mid-Price - Panama City
Reservations: http://www.executivehotel-panama.com/
Grand Hotel Nacional - Mid-Price - David
Reservations: http://www.panamainfo.com/granhotelnacional/
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Car Rental Agencies In Panama
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Budget Car Rental
Reservations: http://www.budgetpanama.com/english/index.html
Hertz Car Rental
Reservations: http://es.hertz.com/index.cfm?orig_url=www.hertz.com.pa
Alamo Car Rental
Reservations: http://www.alamopanama.com/english/reservations.htm
Thrifty Car Rental
Reservations: Click Here
Avis Car Rental
Reservations: reservaciones@avis.com.pa
National Car Rental
Reservations: http://www.nationalpanama.com/english/index.htm
Barriga Car Rental
Reservations: barrigacar@cwpanama.net
Euro Car Rental
Reservations: http://www.arrendadoraeconomica.com/
Dollar Car Rental
Reservations: http://www.dollarpanama.com/index2.htm
Discovery Car Rental
Reservations: discovery@motoresdelaguardia
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