Retirement Made Simple Panama Provides a Wide Array of Benefits for Retirees New Developments Offer First Class Living at Affordable Prices
In the Central American country of Panama, retirement is simple. With its low cost of living, bargain property deals and powerful tax incentive programs, Panama, rated as one of the world's safest countries, is the ideal location for retirees offering unsurpassed incentives to anyone with even a modest retirement nest egg. New developments, such as Tucan Country Club & Resort, are targeting the American retirement market by offering first class living at affordable prices.
PRWEB) February 2, 2005 -- From a cosmopolitan capital city to palm fringed beaches, cool mountain climates and tropical forests Panama is fast becoming a popular retirement destination," said Robert Brittain, administrator at Tucan Holding and Development Corporation, Its not surprising that more Americans are moving here. The benefits are unbeatable."
Modern Maturity magazine rated Boquete, Panama the fourth best retirement destination in the world and International Living rates Panama even higher on their list as number one. Retirees enjoy discounts on airfares, prescription drugs, electric bills, interest rates, hospital services and more. When buying a home, retirees enjoy a 50% savings on closing costs for home loans and foreigners can receive up to 80% in financing. Discounts of 20% off doctors consultations, 15% off hospital bills and 10% off prescription medicine also attract retirees to the destination. With modern medical facilities, U.S. trained doctors and the upcoming opening of the Johns Hopkins International medical facility; Panama offers the same services and talent found in the USA. In addition to medical care, the low cost and high standards of living are also attracting Americans to Panama.
Places like the Tucan Country Club & Resort, a 180-acre private gated golf community located a few minutes over the Bridge of the Americas from Panama City, offer retirees first class living at affordable prices. The property, which broke ground in 2004, will encompass 424 residences consisting of villas, town homes and condominiums. Home prices start at just $166,250 for a two-bedroom, 1,350 square foot condominium including membership to the 18-hole, par 72 golf course and country club. Additional conveniences will include a shopping center with banking facilities, laundry services, pharmacy, beauty salon, grocery store, travel and tourism agency, spa, tennis club and gymnasium.
As more Americans are looking for affordable retirement locations, Tucan Country Club will offer all the amenities of traditional retirement spots in an exotic and safe location," commented Dinesh Vaswani, Tucan Vice President of Marketing. We have received great response and have made sales to clients from North America and Europe. The design and quality construction of the homes, along with the prices and retirement incentives, are driving the sales. We have a lot of interest before the clients visit. Once they see the country and meet the people, they are sold."
The architects and designers of Tucan Country Club & Resort are blending the best of Panama with the needs and desires of retirees. Homes are designed around the lush tropical rainforest while large windows and expansive patios take advantage of the spectacular views of the city, mountains and Panama Canal Zone. Tall ceilings, central air-conditioning, fast-access Internet service and modern appliances are just a few of the details featured in each home. The golf course, the former Horoko Golf Course for the U.S. Military, has been redesigned with emphasis placed on protecting the natural plant life by working around existing vegetation.
Panama has a long history tied to America," said Vaswani, The U.S. dollar is the main currency here, and though Spanish is the official language, most people speak English. With these incentives, the low cost of living and the beauty of the country, we expect the homes at Tucan to sell quickly."
About Tucan Country Club & Resort
Tucan Country Club & Resort is a 180-acre private gated golf community located just 15 minutes from the capital and nestled between the tropical rain forest and the Panama Canal Zone. The development will include 424 residences (condominiums, townhomes, villas), a hotel and a 18-hole, par 72 golf course. For more information about Tucan Country Club & Resort visit www.tucancountryclub.com.
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