According to the so called "experts" Panama is a Retirement Paradise. "Save your Retirement!" or 'Live Cheaper in Panama!' The ads go on and on with come to Panama headlines that will save your retirement. For some expats, the ads speak the truth.
The ads are incomplete. Yes, Panama is a wonderful country filled with warm and wonderful people. Yes, some people live more cheaply in Panama than they did back home. Many economic refugees are living on less than they did back home. Did you know that some expats live very modestly in a house with no hot water? Some take showers in the rain water that runs off their roof during a heavy rain. Many expats living out in the interior of Panama live with water shortages, electricity outages, and internet that is intermittent. Read the blogs from those expats who have been in Panama for a while.
There is nothing wrong with wanting a simple life, if that is what you are looking for in retirement. People should know what they are getting into when they seek a perfect Utopia. Visit Panama and see for yourself if it is your dream Paradise or find out later that Panama may be another Dystopia.