Why Retire in Boquette?
Every year, Americans continue to look for the proverbial diamond in the rough when it comes to retirement destinations. The cheap cost of living in foreign countries makes them ideal places to retire and vacation. From the $60,000 three bedroom suites of in proximity to sandy beaches to oceanfront properties in throughout Panama–Central America, real estate investors and retirement boomers strive to achieve this objective. A new location ripe for retirement is Boquette, a beautiful small town in the highlands of Panama tucked in between beautiful mountains.
Widely acclaimed by popular magazines like International Living, Boquette, Panama is being highly sought after as a retirement destination because of its dazzling array of advantages.
These include its:
- cheap cost of living
- real estate prices
- the economical strengths of the land
Town Living & Country Living in Boquette
Boquette is divided into two major living arrangements: town living and country living. Real estate builders can easily build custom homes built to your exact specifications. If spectacular views of the Pacific Ocean and a river running across town doesn’t lure you enough to live there, those interested in Boquette can also take advantage of solid investment opportunities. Panama is also a hotbed for international trade, with double digit returns enjoyed in other up-and-coming locations.
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Economical Advantages of Living in Boquette Panama
The economical advantages (both in real estate and private services) are virtually unmatched in Boquette Panama. For starters, private health services in Panama cost less than half, on average, than the States. Dental work, such as bridgework and advanced periodontics go for less than $1,000 while the same procedures cost up to 10 times higher in the States. Plus, private health insurance is cheap since the average income in Panama is $300 a month, with pharmaceutical companies pricing their medicines accordingly. Cell phone services are exceptionally low with an unheard of $3 a month for basic service.
Retirees in Panama
Why retire in Boquette Panama?
The luckiest beneficiaries of Boquette’s generosity are retired people. By fulfilling a few pensioners’ requirements like a recent passport and an income of $500 in pension money every month, retirees can enjoy a myriad of benefits like discounts on public services like movies, sports events, flights, boat transportation, foot, dental work and more. Up to 50% can be deducted off a ticket to the movies for examples. With many services being dirt cheap, retirees are in for an absolute steal! If bridgework costs $700 in Boquette and retirees are eligible for 15% discounts, you’re looking at a new pair of teeth for $595!
Boquette’s Greatest Asset
Boquette’s greatest asset is the cost of real estate and things to do. For $45 a square foot for a US style home, massive 2,500 square foot homes are available for less than $80,000; real estate is a steal.
Plus, labor is cheap with $7 a day as a nice base salary for employees. If you’re into style, a simple haircut costs no more than $2 and entertainment comes cheap at $30 a month for cable TV and internet as well.
Today, many developments are opening up in Boquette like international bars, hotels, museums, a nine-hole golf course, and gyms. Given the rising popularity of Boquette, there are constructions underway to appeal to tourists as well like visitors’ centers and shops.
All in all, Boquette is an up-and-coming retirement and investment destination that should be taken into heavy consideration.
Yes, retirement in Boquette Panama will seem like paradise. Why not retire in Boquette?