Why boomers are going to Panama
Posted February 11, 2008on:
By DAVID MYERS for freep.com – A growing number of Americans — especially older people who are selling their home for a handsome profit — are moving to Panama to enjoy its low home prices, tax breaks and discounts. Dear David: My wife and I are about to retire. We were thinking about using the profits from the sale of our house to move to Mexico because it’s cheaper to live there, but we hear that Panama is an even better place for retirees. What makes that nation so attractive? Also, how is the medical care there?