10 Cheapest Countries to Buy a Home for $20,000 after Retirement

On: March 25, 2019
By: Abhishek Dey

3. Panama

Panama is a gorgeous country that links Central and South America where it is usually warm and it is also below the hurricane belt. It is a very safe decision because the medical care that they offer is of the best quality and at a low cost. The infrastructure is spectacular and it is very business friendly with a stable government. Also, they are on purpose calling out to foreigners with tax breaks and more such incentives like one do not have to pay income tax on funds earned outside. One of the best reasons is that real estate taxes are really low and some properties come with a tax exemption of five to 20 years. If you wish to live in a city, there is no better place than Panama city which is vibrant and cosmopolitan and so and if your choice is around the beach, Coronado is a good bet. You can live very comfortably at f $1,765 to $2,890 a month.

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