low cost of living

Is Everything Possible in Panama?

Posted on 06/4/2013 by | General News | Comments

TravelBy Juan Zamorano of The Associated Press With its miles of beaches, lush rainforests and welcoming colonial towns, Panama — like much of Latin America — has become a hot spot for American retirees. They come for the scenery, the weather and, perhaps more important, the low cost of living. “We were looking for a simple, cheap life,” said Linda McKee, 61, of Bonita Springs, Fla., while enjoying a glass of wine with her husband, Eric Carlson, on the porch …