Panamá is one of the world’s top "Offshore Jurisdictions", and it is continuing to emerge as one of the world's greatest retirement destinations. Panamá offers certain advantages over every other Central and South American destination. Tax advantages. Privacy advantages. Plus, you’ll find some of the world’s most beautiful mountain, beachfront, and island property in the region. In Panama, you will also be provided with outstanding, very affordable healthcare, with mostly U.S. trained, English speaking doctors, working in very high tech facilities. Add to all of the above to what is considered the world’s best incentive program for retirees.

The Los Angeles Times noted that many recent retirees “have been drawn to Panamá by its low taxes, affordable housing, tropical climate, and contemporary, bilingual entertainment.”

Panamanian life is truly affordable. (A full-time, live-in maid costs $150 a month...first-run movies cost $3.75.) It’s the safest place in Central or South America (the Pinkerton Global Intelligence Agency recently gave Panamá its highest rating for tourist safety), and it’s the most developed country south of the United States — and Panama is home to some of the worlds top companies.

Panamá has a stable government, a stable currency (pegged to the U.S. dollar since 1904), and virtually no inflation. In other words, this country is the exception to the rule in Central America. As The Economist reported, in Central America, “Panamá has stood apart from the rest of the region, sustained by its canal, it's banks, and the world class Panama Free-Trade Zone in Colon”.

Panamá is starting to get noticed by America’s mainstream press: “Panamá is the most beautiful retreat in the world and almost undiscovered,” claimed Harper’s Bazaar.

“Known mostly for its canal, Panamá is, in fact, an undiscovered tourist paradise,” stated a travel article in The Boston Globe.

Even The Wall Street Journal is talking about the “new breed of intrepid retirees [that are] branching out” to Panamá.

Not only is Panamá starting to receive more tourists, but it is also becoming one of the focal points of a trend that is taking shape in the United States. Living and retiring overseas—something that was once reserved for a few adventurers—is now an idea catching on in mainstream America.

As Time magazine reported: “Many of the 76 million American baby boomers are more likely than their parents to consider retiring to a foreign land, because they have traveled more, have higher hopes for retirement, and tend to be more active and adventuresome.”

According to a recent survey conducted by the firm MarketFacts, 7% of those baby boomers will actually retire outside of America. That translates to 5.3 million Americans who have already made the definitive decision to retire abroad. And Panamá is going to be at the top of their list, along with other foreigners looking for warm, inexpensive, and adventurous places to live and retire.