Pensionado conflicts

9 years ago
Hello. My family (wife and daughter) are giving serious thought to becoming experts in Panama. There are discrepancies between the three of us and the requirements and we're not sure if it can work for us.

1) My wife is old enough but hasn't yet started to draw Social Security. We could always buy a CD just long enough to show that she's making the necessary $1,000.

2) I am drawing Social Security with plenty to spare, but am not in my 60's yet.

3) Our daughter, 15, draws Mediad for a disability.

Is there anyway that we can all get on the system right away since each one of us is lacking in one requirement? Can we piggyback on one person if they qualify. They way I read it, a. CD will qualify my wife and my daughter will in 3 years. Am I out of luck because I'm so far away, age wise (50).?

SJB Global
SJB Global
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB Global
SJB Global

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