Panama’s Famous Pensionado Discounts 

You are so welcome!

Glad it was helpful!

@@PanamaRelocationTours I was born and raised in panama city. I haven't been home in over 15 years. I will be a tourist in my native country. I have two foreign cars, great union job and my rent is $2400 for a two bedroom. I want to go back to Panama and purchase a home but the red tape is keeping me at bay. One thing I know for sure I have to find a home away from the city simply because I need tranquility after living in NYC for so many years. I recently tried purchasing a apt at the Galvez the building I grew up in. Its now a condo under construction and I got the run around.Thats Panama for you. 😢🇵🇦

@@1onsight852 OMG, you're in NYC?? lawlz!! That means that when you come back to Panama you will live like a king!! ...even if you spend 1/2 of what you currently spend in NYC. Welcome to Panama!! BTWm to ease with the red tape, one thing that many have done to expedite the process is to find a trusted person to administer the property you currently have in NYC and set it up as an AirBNB. It's truly not worth it to ship your two cars. You're better off selling them and buying two brand spakin' new ones in Panama. As you await to sell them, the same administrator you left your property with can also administer the temporary rental of your vehicles via a service called Turo (look into it) (in case you are still making payments on them) and that way you won't even need to worry about cash-flow issues. And Turo even provides insurance for damage or loss. And no, I don;t work for AirBNB nor Turo. lol I will already say: Welcome to Panama.

Glad you enjoyed it!

Thanks for watching!

Glad it was helpful!

Gracias!

Panama is 85% catholic. There is always a church nearby

Thank you so much!! 😊🙏

@@PanamaRelocationTours Thank you so much!! 😊🙏

Glad it was helpful!

Thanks for watching

Watch this video of a woman of color who lives in Boquete -- ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-AnQNnPCjq6g.html And see the other videos of black people who live in Boquete.. There is absolutely no discrimination. If the person is nice, it does not matter what color you are, you will be treated well. If the person is NOT so nice, regardless of what color you are, you will not be treated well. So perhaps the person who said that she was not treated well was NOT a nice person. Most Panamanians have dark skin.

Mariana, very good response! I have seen one or two videos on RU-vid of people that bring up this issue of discrimination. I just want to say to those that are bringing up this issue, please, please, Panamanian citizens are all mixed and we don't see in color. With this negative mentality, they are going to ruin the country. A country where we all live in peace and without the racial discrimination. My advice is that when you come to Panama, you need to integrate into the Panamanian culture and its people, equally, your own country man whether they are white or black. otherwise you would be the person with racial problems. Panama DO NOT need that mentally.

@@adori4t9094 Both of your responses are good, but I must say that the Original Poster: @LVNCSR was worried, not of the local Panamanian population having prejudices against People of Colour, but rather, that it might be a vestigial legacy of some of the White Americans immigrating there? The question, IMHO, still remains, has that ever been an issue in Panama, especially as many seem to gravitate towards "gated communities" and live in their own cultural enclaves. I think this is a valid question that should be spoken to whether it is a valid concern or not. But it is through dialogue that we are able to clear up such matters, because, let's face it: The way certain events have presented themselves in the U.S. of A., especially in the past 3 years, are enough to resurface old wounds and ignite generations of PTSD amongst those to whom segregation and discrimination became a systemic nightmare. And I would not blame an African American from wanting to ensure that with their exodus to Panama that they weren't simply going to jump from the frying pan and into the fire. Can you offer any assurances, not of the Panamanian community (we already know that Panamanians are very accepting racially and ethnically), but of the wave of American's moving into Panama? And probably not so much he ones who immediately integrate and live and eat where the native Panamanians hang out, but the Americans that tend glom together in affinity groups. Is there any reason for concern there? What have people's experiences been, especially the validated experiences of people of colour? I re-ask that as a Panamanian of mixed race in the spirit of absolute transparency on behalf of the OP. Thank you kindly.

you cannot be outside of Panama more than 2 years once you get a Visa

If you have the required lifetime income of $1000 per month for a single plus $250 for each dependent, you can get the pensionado visa

But do you still get the discounts if you don't meet the age requirements?

@@PanamaRelocationTours Correct me if I am wrong. As long as you are 18 years or older if you qualify on the $1000 per month lifetime income guaranty, you can get the Pensionado Visa and will be entitled to the benefits.

@@tammyhess8402 It has been a while since I read the law, but my belief is yes. I do highly recommend following Panama Relocation Tours however since they are experts on the subject and someone you can trust.

@@dickfowler296 I do follow them closely 😊 and I think that's what I heard them say before

you have to show your Visa card to the utility company.

If you ask for the discount and show your cedula or permanant visa, restaurants and other services will give you the discount.

There is still an import tax plus transportation costs.

It's rare that expats get a mortgage because you must pay it off before you turn 70, interest rates are high, and you must get a life insurance policy naming the bank as beneficiary.

Hello, if you qualify for the Pensionado Visa, you can get the discounts at any age.

You get the discounts AFTER you get a Visa. In the video, we mentioned some of the places where you can get a discount.

You can live well in Panama with that pension.

The discount is covered by the added revenue the economy gets from foreign earned incomes from so many retirees which end up moving to Panama and their pensions, originating from out of Panama end up directly funnelling money into the Panamanian economy. So, Panama is very glad to extend those amenities whilst benefiting members of its own ageing population as well. So, by you going to Panama, even with all of those discounts you will be getting, you, in fact, will be paying for these retirement benefits to the Panamanian population as well. ;-) So, welcome to Panama! Truly a win/win situation!! :D In other words, it's quite the bargain everyone would hope for. You can't beat that with a stick! :D

You can get the Friendly Nations Visa in Panama by depositing $200,000 into a 3-year CD at a Panama bank.

@@PanamaRelocationTours But the Friendly Nations Visa doesn't include all the great discounts that come with the Pensionado Visa, does it?

A Pensionado Visa only gives you permission to live in Panama indefinitely. Five years after you have your permanent visa, you can apply for a Panama passport. You'll need to do an interview in Spanish and take a history test in Spanish. If you pass the interview and test, you can get a passport

no. You only get Pensionado discounts after you get a Permanent Visa. However, we have negotiated discounts with all the immigration lawyers we work with. You can get the complete list in our panamarelocationtours.com/guide

@@PanamaRelocationTours thank you so much. Your videos and information has inspired me to now begin a deeper move. Again, you guys are the best. 🤩

you get discounts at hotels after you get your permanent visa. You need to call the hotel directly to get the discount.

If you have at least $1000 a month in lifetime income, you qualify for the Pensionado visa

YES! The Friendly Nations Visa would be ideal. Learn more at panamarelocationtours.com/demystifying-the-panama-residency-visa-process

@@PanamaRelocationTours Thanks!

Absolutely! I've known of so many people who kick themselves in the pants after they pay to ship their vehicle to Panama, only to discover that they could have purchased one in Panama tax free! lol Plus, there is much less red tape in Panama for dealerships to import vehicles from other countries so, that exotic "foreign" car you've been eyeballing may be all that less expensive too. Enjoy and welcome to Panama! :D

It's never too late. Come see how you can LIVE BETTER for LESS in Panama!

I taught pensionado ment retired folks that worked for many years and living off their penshion or ss

It does not need to be a round trip from Panama anymore. Copa offers this discounts on flights originating in North America.

@@brussell1626 18 as long as u have an income or pension of at least $1000 per month.

@@PanamaRelocationTours thanks for the update! That covers a large portion of the America's. Wonder if the perk works with Star Alliance affiliates?...

@@MiguelPerfecto thanks for the info

puede hacer que su Seguro Social sea depositado directamente en su cuenta bancaria de Panamá.

no

If you get the Pensionado Visa, there is no age requirement. If you get the Friendly Nations Visa, you need to be 60 if a man or 555 for women.

I would say count your lucky stars that you're able to retire so early. And, consider yourself extra smart for deciding to retire in Panama.

Dude, stop your bitching. I'll still be working 60 hour weeks long past your early retirement age and I've got no retirement plan, no healthcare, no real property investments... Just a fool working for fiat. Cheers!

no, you get a discount on Panama passports if you are a jubilado (pensionado)

@@PanamaRelocationTours Thank you.😊

The discounts ONLY apply in Panama.

if you live in the highlands, electric is about $25 a month. Internet is usually included in rent but if you have to pay, it cost $40 a month for 500mbps

Yes! The US has gotten very bad lately.

Certainly, but not mass shootings from hotels, schools, theaters….

I had never heard of panamanians immigrating to the states. Not in any great numbers anyway.

People from Panama are NOT headed for the USA. Panamanians love their country and want to stay in Panama.

@@PanamaRelocationTours they are coming to the USA now with Biden open borders, I saw it when when women would marry military men when I was there to get US citizenship

@@donfrank4429 lol In what century was that? Things have changed. So has the defunct "American Dream", even for many Americans. And of course, the American government's glass house is devoid of corruption? Question: How many Panamanians do you know walking the streets of the United States? And those who come are usually tourists who fly by plane and return by plane. Also, being a Panamanian in the U.S. is a lonely experience from the standpoint that good luck finding other Panamanians. On the other hand, there is a mass exodus of Americans hitting Panamanian soil. Seem Panama does welcome and accept American refugees. lol And it doesn't even separate them from their children! Watta concept!!

@@fanfare100 just giving the facts, USA is still a place where you can be what ever you want, and even the USA will give illegals from other country everything, so why is panama the same as when I was there... there is rich and poor that is why