World’s best places to retire in 2019 revealed
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.”