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9 Countries Where Americans Are Quietly Retiring Abroad

Discover 9 top countries where Americans retire quietly overseas, including visa requirements, healthcare insights, and financial planning tips.

Mature couple smiling on a high-rise balcony overlooking the ocean and city skyline, with a residency binder on the table.
Panama’s Pensionado Visa grants retirees significant discounts on dining, entertainment, travel, and healthcare alongside accessible monthly income requirements.

2. Panama

Panama offers a premier retiree package through its Pensionado Visa program. You must prove a guaranteed lifetime monthly pension or Social Security payout of at least $1,000 for single applicants or $1,250 for couples. Purchasing Panamanian real estate valued at $100,000 or higher lowers the minimum lifetime pension requirement to $750 monthly. Pensionado visa holders receive state-mandated discounts, including 50 percent off entertainment and hotel stays, 25 percent off restaurant meals and airfare, and 10 to 20 percent off prescription medications and doctor consultations.

6 Comments

  1. I am retired usa military, will my health care be ok abroad. I am 77 and concerned about my health care down the road.

  2. Dennis,
    I am also retired military and in 2015, I relocated to Colombia. I would still live there if it were not for one concern. If you plan to purchase medical insurance from a reputable insurance company, you may be in for an eye-opener. I cannot comment on what is available in other countries, but in Colombia, many companies will not take new customers older than 59. Those companies that offer insurance will charge you such high rates that you may reconsider the move there.
    I suggest doing research into which are the best hospitals in the city of your choice and which medical insurance policies are the recommended ones.

  3. Philippines bought a condo there for 50k mortgage pnly 500.00 a month , eating well 300.00 a month electric 50.00 , high speed internet 55.00 water 13.00 a month with income of 5k a month u live like a king Here

  4. Not sure where you live in the Philippines but I live like a king on just my ssi check. Nice place off the beach 200 yards. electric is $80 internet $50 and rent is $200 and water $20. since you can not buy property in the Philippines unless you are married to a Filipina. And it has to be in her or his name.

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