For several years, Panama has been considered one of the ideal
retirement destinations in the world. In 2014, Panama ranked 1st in
Forbes Magazine's top 10 list of countries to retire.
Panama is a prime business destination due to the numerous
advantages it offers, including: Panama City is one of the most
affordable cities in the world, according to the latest cost report
prepared by the intelligence unit of The Economist; the presence of
first-class medical care and hospitals; the best airline
connections in Latin America and a growing number of direct
connections to Europe; a good business climate in general with 7.3%
domestic economic growth in 2014, among the average rates of
economic growth in Latin America according to figures issued by
both national and international agencies; and a friendly
immigration system that seeks to attract educated professionals and
investment.
