Overview
Panama stands out as perhaps the easiest country for Americans to relocate to. The combination of the US dollar as currency, the Friendly Nations Visa program, and exceptional retiree benefits make it uniquely accessible.
The Friendly Nations Visa is available to citizens of 50 countries including the USA. Requirements are straightforward: establish an economic tie to Panama (such as opening a bank account with $5,000 or forming a corporation) and you can obtain permanent residency.
For retirees, the Pensionado program offers incredible benefits including 25% off airline tickets, 25% off restaurant meals, 15% off hospital bills, 20% off medical consultations, and discounts on utilities, entertainment, and more.
Panama City is a modern, cosmopolitan capital with excellent infrastructure, world-class healthcare, and a large English-speaking population. The cost of living is significantly lower than the US while maintaining American-style conveniences.
The country also offers significant tax advantages - there's no tax on foreign-earned income, making it attractive for remote workers and retirees with US-based income sources.