Thursday, May 19, 2022

Pensioners Looking To Retire Are Moving To Panama Instead Of Spain

Moving To Panama is becoming popular with UK retirees


Spain with its hot climate, great scenery, low cost of living, and one of the biggest ex-pat communities in the world has always been the place for UK retirees to move to. However, things have changed, and now Spain has become less attractive since Brexit and the increase in the cost of living.


With 100 people returning to the UK from Spain a day, it seems the Spanish dream is over. Although this may be bad news for people thinking of moving to Spain, there is some good news on the horizon. According to retirees, travel experts, and a leading touring company, Panama could now become the new Spain for people looking for a better way of life.


Panama, according to many is like Spain in the good old days. The country not only has a great climate, and a huge ex-pat community, but it also provides people with a lower cost of living than the UK and Spain. Property prices in Panama are low, giving retirees more for their money when looking to rent or buy. The health care system is second to none, but more importantly, retirees can live better for less when moving to Panama.


Screen Shot 2017 05 30 at 11.07.54A leading touring company in Panama called Panama Relocation Tours has seen a huge increase in the number of people visiting Panama with a view to moving there for a better way of life. The company that provides an all-inclusive tour including accommodation explained that Panama has always been popular with American retirees, but now it’s fast becoming popular with pensioners from the UK.


The company that shows people what Panama is really like has in recent months seen a big increase in the number of UK retirees showing an interest in moving to Panama. A lot of these retirees are people who have previously lived in Spain and moved back to the UK due to the increase in the cost of living and the fear of Brexit.


Jackie Lange from Panama Relocation Tours said: “Panama has been voted as the number one destination for retirees to move to, and with everything it has to offer it’s not surprising. With more UK retirees moving to Panama I expect the UK ex-pat community to keep growing.”


Moving to Panama has not just gained interest from people of retirement age, moving to Panama is also attracting those that want to retire early as well as young families wanting a better way of life.


To learn more about Panama, visit Panama Relocation Tours


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