What do I need to know before retiring in Las Lajas?
When we asked people what advice they would give someone preparing to move to Las Lajas, they said...
"Expats considering retirement in Las Lajas should be aware that the cost of living is generally lower than in many Western countries, but it's still important to budget carefully. The official currency is the US dollar, which can make financial transactions easier for American retirees. Spanish is the official language, so learning some basic Spanish would be beneficial, although many locals and expats speak English. Healthcare in Panama is of a high standard, with many doctors trained in the US or Europe, but it's advisable to have comprehensive health insurance. The climate in Las Lajas is tropical, with a wet and dry season, and it can be quite hot and humid. The area is known for its beautiful beaches and natural beauty, offering plenty of outdoor activities. However, it's less developed than some other parts of Panama, which can mean fewer amenities and services. Panama has a friendly attitude towards expats and offers a Pensionado visa program, which provides several benefits for retirees. However, it's important to understand the legal requirements and process for obtaining residency. Public transportation is available but not always reliable, so having a personal vehicle can be beneficial. Finally, it's important to understand that while Panama is generally safe, crime can be an issue, particularly petty theft, so it's important to take standard precautions," commented one expat who made the move to Las Lajas, Panama.
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Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
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Kovalenko & Vera is a Panamanian law firm that specializes in immigration law, corporate law, real estate law, banking, contract negotiation, taxes and flag registry. With more than 20 years of professional practice, Kovalenko & Vera builds lasting relationships with our clients to ensure your interests are safeguarded.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What should I pack when moving to Las Lajas?
- Where should I setup a bank account in Las Lajas?
- Will I be able to find a job in Las Lajas?
- What is life like in Las Lajas?
- What do expats in Las Lajas appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in Las Lajas?
- Is there a lot of diversity? Are people in Las Lajas accepting of differences?
- What are the schools in Las Lajas like?
- What are healthcare services like in Las Lajas?
- What are medical services in Las Lajas like?
- Are healthcare and health insurance expensive in Las Lajas?
- What are emergency services like in Las Lajas?
- Will I need to travel to see a specialist?
- Are common prescription medications available in Las Lajas?
- How are local medical facilities in Las Lajas?
- As a foreigner living in Las Lajas, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
What do I need to know before retiring in Las Lajas?
If you live in Las Lajas, newcomers to Las Lajas would love to hear your answer to this question.