I read this piece in US News and World Report on Las Tablas, Panama "where the cost of renting is low enough to accommodate almost anyone's budget is Las Tablas, a city on the Pacific coast of Panama's Azuero Peninsula. Panama has first-class and affordable medical care and facilities, a pensionado program of special benefits for foreign retirees, and well-established expat communities. The city also has a developed infrastructure, many user-friendly options for establishing foreign residency, and can be a tax-haven for those wishing to minimize their taxes.
Not all of Panama qualifies as bargain-priced. As this country has become increasingly favored by retirees and investors, the costs of both living and of real estate have been rising, particularly in discovered areas such as Panama City. But Panama offers a number of appealing lifestyle possibilities beyond its capital city, including Las Tablas. The downside to Las Tablas is its distance from Panama City. It's about a four-hour drive away. However, the cost of living can be half that of Panama City and you can rent a small house within walking distance of the beach for $300 or $400 per month.
How much of this rings true?
Not all of Panama qualifies as bargain-priced. As this country has become increasingly favored by retirees and investors, the costs of both living and of real estate have been rising, particularly in discovered areas such as Panama City. But Panama offers a number of appealing lifestyle possibilities beyond its capital city, including Las Tablas. The downside to Las Tablas is its distance from Panama City. It's about a four-hour drive away. However, the cost of living can be half that of Panama City and you can rent a small house within walking distance of the beach for $300 or $400 per month.
How much of this rings true?
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