Originally Posted by liowkc

Senior citizens have never find it so good:

The Best Retiree Benefit Program in the World
The Panamanian government actually encourages retirees to retire here with a program with many benefits and discounts. To qualify for a retiree visa the only requirements are a proven monthly income of $500, a health certificate, and a police report.
Some of the benefits for retirees:

• 50% off entertainment including movies, concerts, theater etc. (a regular movie ticket costs $4 - the retiree price is $2.)
• 25% off restaurants
• 50% off hotel accomodations Monday, Thursday
• 30% off bus, boat and train fares
• 25% off domestic and international airline tickets
• 10% off prescription medicines (much cheaper than US prices to begin with)
• 15% off dental and eye exams
• 50% off closing costs for home loans

Source: http://www.panamainfo.com/en/advantages-living-panama