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“Boquete, Panama, ranked as the fourth best place in the world to establish a second home – a rating based on safety, beauty, infrastructure, weather, health-care, and low cost of living.” Modern Maturity, AARP Magazine, June 2001
“The quality of life, the cost of living is a lot better than the U.S.”, says Mr. LaFoley, 56, who owns a shopping center in Massachusetts and has retired in Panama. Countries like these are rolling out the welcome mat to Americans with a variety of financial incentives.” The Wall Street Journal, June 2004 “A century ago, Americans took over this country to complete and run the Panama Canal. In 1989, we sent in troops to arrest national leader, General Manuel Noriega, now in prison in Florida for money laundering. These days Americans are threatening to take over Panama by more peaceful means: We’re retiring here by the score. The government is cooperating in this new invasion by giving 20 year property tax exemptions to new houses built by foreigners, which largely means Americans, Canadians and Europeans.” Oregonian Register Guard, June 2004
“Panama is now where Costa Rica was 10 years ago. Panama is getting ready to explode.” National Geographic Traveler, December 2004 |
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