World’s best places to re­tire in 2019 re­vealed

The Punch - - HOMES & PROPERTY -

The In­ter­na­tional Liv­ing’s newly re­leased An­nual Global Re­tire­ment In­dex for 2019, says the world’s top 10 re­tire­ment des­ti­na­tions are Panama, Costa Roca, Mex­ico, ecuador, Malaysia, Colom­bia, Por­tu­gal, Peru, Thai­land and Spain.

Ac­cord­ing to World Prop­erty Jour­nal, Panama, the win­ner of the 2019 Global Re­tire­ment In­dex, has been a con­stant in the In­dex, but this year marks the 10th time it’s reached the num­ber one spot, climb­ing from third place to scoop the top prize.

The Cen­tral Amer­i­can gem packs a lot into its small area--a fast-paced eclec­tic cap­i­tal city, palm-fringed beaches, and for­est val­leys where the tem­per­a­ture is spring-like all year. And what makes it truly spe­cial is its Pen­sion­ado pro­gram. To en­tice re­tirees to the coun­try, the Pen­sion­ado visa is avail­able to any­one with a life­time pen­sion of over $1,000 a month. The pro­gram also grants dis­counts to se­niors on a wide range of goods and ser­vices, from med­i­cal con­sul­ta­tions to movie tick­ets.

“Panama City is a world cap­i­tal that’s com­ing into its own — that’s why it’s so ex­cit­ing for me to be here now,” In­ter­na­tional Liv­ing Panama ed­i­tor Jes­sica Ramesch said. “It’s a well-es­tab­lished busi­ness des­ti­na­tion, with top-notch in­fra­struc­ture — es­pe­cially when it comes to cel­lu­lar and in­ter­net con­nec­tiv­ity. It’s the re­gion’s busiest flight hub, the only city in Cen­tral Amer­ica with a metro line, and the only city in the re­gion with its very own rain­for­est.

“But what few peo­ple know is that this is also a cul­tural cap­i­tal. Panama City is home to ac­tive, vi­brant com­mu­ni­ties from all over the world, and ev­ery art form is cel­e­brated here.”

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