Save Money When You Move to Panama City Panama!
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- Опубликовано: 11 сен 2024
- You're met James before in a few videos. He moved to Boquete, Panama, three years ago. But when he and his partner Yalina saw that rents were getting more affordable in Panama City, they decided to check it out. They were AMAZED at what they found. How about a three bedroom two bath with an ocean view for $850! He could reduce his cost of living by moving from Boquete to Panama City.
Panama City has anything and everything you could possibly need. It's a very walkable town. Plus, a modern subway system, metro buses, and taxis or Ubers are readily available.
James came on a Panama Relocation Tour to help him have a smooth, hassle-free move to Panama.
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That's one of the things I love about Panama, medical and dental is very cheap, you pay pennies for the service compared to USA where you pay hundreds or thousands. Don't feel old my friend, 70, you've just hatched.
Medical and dental are affordable in Panama and very good quality too.
Yes ! Medical and dental here very reasonable and good quality. However the prescription drug costs are outrageous ! I think most expats are still dealing with 90 day supplies from their US pharmacies.
Incredible apt & view for only $850 & only 2 miles from one of the best hospitals in the country! What a deal!
Great opportunities in Panama City.
Love the video. I needed to see more info on Panama City!
Here, on our channel, we have several other videos about living in Panama City.
Super glad to see you and Jolena, Jim. I was just wondering the other day, saying it must be around year 3 now and I have not seen the 3rd video. I was waiting till the end of the month to check with Jackie on you. Wishing this couple lots of blessing and good health in 2023.
Hi thanks to you. Have nice New Year too. Hugs
Thanks for watching.
Thanks! Enjoy doing them and we are always looking to do different things. In a few years who knows number 4 will be life on an island!
Y'all are a GREAT couple and I think your 2-story penthouse is very cool. James is so candid and informative. Loved this video. $850 per month is a bargain for Paitilla - I think because that's a little bit older of a building - but what you save in rent, you can apply elsewhere. Take care and continue to enjoy your walks along la Cinta Costera and go down to the Mercado de Mariscos and have a ceviche de corvina in my name. May 2023 bring you much health and happiness. (Don't forget that you're not too far from Parque Omar in San Francisco - I love rolling hills and old trees there.) Peace and all good.
My girlfriend and Inare coming for the PRT on Feb 3rd. Less than a month away! Already packed!!!
We’ll see you soon!
Welcome
Looking to retire at 56.5 from USPS in 18 months.
Hopefully Boquete bound.
I retired USPS in 2013. 27 years retired as a Postmaster. No mail delivery here. Lol
You should check out Panama! It's the best place to retire.
@@PanamaRelocationTours Sigh, I wish I could do it now. Unfortunately, I have to wait until 2027 at the earliest to retire (yes, looking at all the numbers, i.e., SS, government pensions, 457(b), and 401(a) plans, that's the earliest). I'll be 70 but financially stable.
I love your apt - what a deal! Thanks Jim & Yalina
Hugs .thanks
QUE hermosa ciudad de PANAMÁ. No me la imaginaba tan moderna. Desde Uruguay saludos a los CANALEROS.
Great vid James💯🇵🇦🌏.. enjoy to de fullest💯
Best thing that ever happened to me… I love that statement. Happy guy.
Thanks for watching!
Wow! Good find. 👍🏽
Yes it was
Thank you for a wonderful video interview. :)
Glad you enjoyed it!
Fantastic video, nice to know that there’s affordable housing in the downtown areas..Not sure downtown is right for us..
Great video!
I have been living here in Panamá City for ver a year now, and just rented my second one bedroom apartment (monthly rates $750 in San Francisco then $1,000 Bella Vista). I am also AMAZED at the deal James and Yalina got! I don’t believe those kinds of deals are available to us norteamericanos. Like how the taxi fares here depend on your accent, I think since Yalina is a native and did all the legwork, she was able to get that incredible price.
Buying property here, extranjeros/foreigners are required to put 20-30% down, but locals/nativos can get away with 5-10% down payments! I even know one instance where the bank is financing 98% of the loan for a Panamanian.
Just saying it is possible, retirement experiences are different ……depending! Definitely not a deal-breaker, just something to be aware of.
check out The Sands apartments on Balboa -- prices start at $750 a month for a once bedroom
Thank you , to the point but with good info. Best to you and your wife
thanks for watching!
I currently live in Florida and I will tell it’s not very good in state. I have been to Panama three times and can’t wait to move permanently.
Hurry! Come to Panama where you can live better for less.
Thanks for the great information James and Yalina!
I like Panamá City
My City is very nice ! Welcome
Very nice 😊
Thanks 😊
Best source to find a good rental deal in Panama City ? Prices seem to be very high
Besr source for good deals is renting directly from the owner. Check craigslist panama
Spend a day riding around looking at neighborhoods. You see a building talk to security guard about any open apartments. Ask who is building manager and does he have a phone number. They know the building and a few dollars or a cold drink to them works!
Thank you so much for your nice video, big help.❤
Glad it was helpful!
James and Yelena, how do you handle the issue of the high humidity so often? Are you able to live without a car? How are the sidewalks, streets, noise, traffic, water supply, blackouts, trash collection, etc.?
in the video they talked about all those issues.
Hi ! We have car !
Great place to visit!❤
It really is!
Great info. Lovely couple.
Thank you!
Thanks for watching
Does somebody knows why RUclips CPM is the highest in the world in Panama?
Good question!
Jim, Is your Santa Fe hospital 50% discount plan the best choice for people approaching 70? How do you not use the air conditioning if it's so humid in Panama City?
Sante Fe hospital insurance is a good choice is you live in Panama City. But if you do not want to live in Panama City there are better choices
Very beautiful apartment, great location but I am afried of heights :-( . Who said you cannot live under 1K in the city!
There are plenty of first floor apartments in Panama City too.
Are the guitar prices better or the same as in America ?
If you get approved for pension in panama, does that cover your wife and kids? Hi, I am living in Canada and am looking to retire to panama, but I am struggling to find the proper info.
For one person to get the Penisionado Visa, you need $1000 per month in lifetime income. For each dependent you add, you need to prove an additional $250 per month in lifetime income. You must be legally married to claim your partner as a dependent.
@@PanamaRelocationTours Thank you very much. I am planning on visiting and talking to a lawyer first.
@@GR-ww1bl I was about to offer the same advice. Do not attempt to obtain the Pensionada Visa without a Panamanian lawyer. I used Kraemer and Kraemer; they were excellent. About $2000
@@thomasmagnum3588 Thank you 😊
Panama is still cheaper to live in than the US or Canada, but prices have been rising steadily and dramatically to the point where it’s now a challenge for expats and locals to adjust. Social Security doesn’t increase to the same degree as the cost of living does in Panama. It’s getting harder and harder to live in Panama on a fixed income. Fortunately, it’s still doable for now. But for rich retirees… no hay problema! 😁
Don't know where you live in Panama but prices have not gone up in most things. I've been here 15 years. Restaurant, esprcially expat owned, prices have gone up but Panamanian fondas have gone from $4a meal to $5 a meal in the last 10 years. Rents in Panama City are less now than they were 5 years ago. Fruit and veggie prices have not gone up. Fish prices are up 10%from 5 years ago but still a bargain of $3lb for sea bass or $5lb for tuna. The great thing about Panama is that there is always a more affordable place to live in the country..if you avoid expat heavy areas. But even in Boquete, you can get a 1 bedroom for $500 or a 2 bedroom for $600. If prices are too expensive where you are, MOVE to a different area in Panama that is more affordable.
@@PanamaRelocationTours - It’s so nice to hear from an expat who actually lives in Panama. I keep hearing how much more expensive Panama has become because of all the foreigners moving there and causing prices to go up. Looks like the Internet news sources are not dependable. Thanks for dispelling that rumor.