One of the great things about the Panama Relocation Tours is the chance to meet with expats and get their unfiltered and unrehearsed views of life in Panama. In addition to “ordinary folks” we also get a chance to meet with some folks who blog about life in Panama and qualify as “expert expats.” These aren’t people who “just got off the boat” and are instant experts, but folks who’ve been here, are experienced, and have keen insights. One of these is Bob Adams who writes RetirementWave.com and lives in Panama City. Another is Susanna Perkins with whom 
we usually have lunch when we visit Las Tablas. That’s her at the end of the table, but since you can’t really see her, I’ll include her picture. Susanna is a writer whose written a book Untether Yourself: 5 Portable Careers to Support You Overseas and who writes a blog FutureExpats.com. Susanna put together this blog, listing what various companies engaged in “selling” expat life overseas perceive as the best places to retire.
Today we’re looking at the places that are best for retirees.
By “retiree” I don’t mean you have to be over 65 and not working. I just mean you’re not employed full-time by a multinational company.
You could be in your 30s or 40s with a couple of kids. . . or enjoying slow travel through every country in the Americas. . . or teaching English in Asia. But whatever you’re doing, you’ve chosen where you want to be, you’re not on an assignment by XYZMultiCorp.
So without further ado, here are the best quality of life countries for expat retirees.
International Living
They use a complicated formula that accounts for cost of real estate, special benefits offered to retirees, cost of living, ease of fitting in, entertainment and amenities, health care, retirement infrastructure and climate. They published results in their January, 2014 magazine.
Within a country they only consider the areas they recommend for expat retirement living, although their list is by country, not by city.
Panama
Ecuador
Malaysia
Costa Rica
Spain
Colombia
Mexico
Malta
Uruguay
Thailand
Ireland
New Zealand
Nicaragua
Italy
Portugal
France
I have to admit, I’m a bit surprised by a list that puts Nicaragua ahead of Italy, Portugal and France. . .
Live and Invest Overseas
I appreciate that they recommend, not an entire country, but a specific city or region. Here’s their 2014 list:
Coronado, Panama
Medellin, Colombia
South of France
Kuala Lumpur, Malaysia
Cayo District, Belize
Cuenca, Ecuador
Chiang Mai, Thailand
Granada, Nicaragua
Even better, they highlight why they recommend each one, and share a monthly budget for that location.
Coronado’s at the top of the list because it’s the “most turnkey, expat-ready” place to retire. When you combine Panama’s unparalleled retiree benefits with an oceanfront community, and lots of expats, it’s pretty darned appealing. Add to that an estimated budget starting at $1,800/month ($600 of that for rent), and it’s surprisingly affordable.
Only an hour or so outside of Panama City, in Coronado you’re close enough to take advantage of the shopping and the nightlife when you want it — and world-class medical care if you need it.
Personally, I think that estimated budget is a bit low — I could easily spend $600/month for rent here in Las
AARP
The AARP looked for “warm and sunny, attractively affordable locales with good-to-excellent health care that are hospitable to Americans of retirement age.” They only list countries, not cities, and their list is alphabetical.
Argentina
Belize
Costa Rica
France
Italy
Mexico
Nicaragua
Panama
Portugal
Spain
If Health Care is your Top Priority
An article in the Huffington Post by Kathleen Peddicord (publisher of Live & Invest Overseas, whose retiree list is above), lists the top eight choices for overseas retirement if health care is your biggest concern. These are also listed alphabetically.
Cebu, Philippines
Chiang Mai, Thailand
Cuenca, Ecuador
Georgetown, Malaysia
Kuala Lumpur, Malaysia
Languedoc, France
Medellin, Colombia
Panama City Beaches (ie, Coronado area), Panama
