Well, if you are retiring, you may well do it in the country that had been marked as the best retirement destination in 2016 and second best retirement destination in 2017 by International Living. This magazine has been making such lists for a quarter of a century, so you can be sure they know what they are talking about. In order to make their list, the magazine took into consideration multiple factors including the cost of living, infrastructure, lifestyle, difficulty in obtaining residence and much more. In 2017 Panama excelled in all factors, being narrowly beaten by Mexico for the top spot. Insidermonkey experts made a list of 10 best places to retire in Panama.
Health care in Panama is provided by both government and the private sector. Private insurance has a better quality and is a lot cheaper than in the United States. According to WHO, the country spends 8.0% of GDP on health, while the life expectancy is at 78 years on average. Many doctors that work in the country are trained in the United States or Europe, so you can expect a satisfying care, especially in the metropolitan areas. The problem is that the rural areas of the country are often understaffed since physicians prefer being located in bigger cities. You can also check our list of 11 Best Places to Retire in Canada.
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