The Global Retirement Index of 2025 has positioned Panama as the best alternative for retirement, surpassing nations like Costa Rica and Portugal. Various factors, such as its proximity to the United States, the adoption of the dollar as the official currency, the stability of the country, and the variety of places to reside, contributed to this distinction.
The ranking took into account criteria such as quality of life, costs, ease of obtaining residency, and benefits for retirees. Panama has been noted for offering excellent quality of life at an affordable cost, making it an attractive destination for those looking to enjoy their retirement in a friendly place with a welcoming environment.
Commenting on this distinction, the director of the Global Retirement Index stated: "Panama provides the perfect combination of a warm climate, excellent healthcare infrastructure, a stable economy, and a wide range of entertainment options for retirees." This assessment reflects the country's commitment to creating favorable conditions to attract people who wish to live a full and satisfying retirement.
