Retirement and Good Living

 Finance, Health, Retirement Locations, Volunteering and more...
Retirement And Good Living  
Follow us on Twitter at RetirementSite


Like us on Facebook at Retirementsite

Retire in Boquete

Share this post/page...FacebookTwitterGoogle+LinkedInEmail   

Great International Retirement Locations


Boquete, Panama Retirement


Retirement location-Boquete




Boquete, on the Caldera River, in the green mountain highlands is known as the “Valley of the Flowers and the Eternal Spring”. At nearly 4000 feet above sea level its climate is cooler than the lowlands and averages around 70 degrees. Its scenic location, temperature, and natural environment make it extremely popular. At the entrance of the valley the Virgen de la Gruta mirador provides a spectacular view of the entire valley and the Caldera River. There are many hiking trails in the mountains around the City and river rafting is a popular activity. Boquete’s diverse flora includes roses, sunflowers, orchids, lilies, hibiscus, hortenses and many other varieties


Native Indians, Spaniards, Europeans and North Americans were early inhabitants. In the early 1900s immigrants from Yugoslavia, Sweden, Switzerland, Germany and North America settled here.


Boquete has a very active music and arts scene. In 2007 the annual Boquete Jazz Festival, now the Boquete Jazz & Blues Festival, was founded. The 10-day annual Flowers and Coffee Festival occurs in mid-January. The festival is one of the largest celebrations of flowers in the world with participation of everyone in town. Coffee tasting is a major feature of the festival. There is also an Orchid Festival in April, when local orchid growers display many varieties of these beautiful flowers.


Reasons to retire here: Easy residency program, cost of living, discounts for retirees, music, food and coffee and flower festivals, culture and the arts, expat community, biodiversity

Weather: average lows in the 60s and average highs in the 80s

Population: 20,000

State Income Tax: There is no tax on income earned outside of Panama. Income earned in Panama is subject to a 7%-27% tax after the first $9,000.

Sales Tax: 7%

Property Tax: Zero tax on property of $30,000 or less. 1.75% to 2.1% of property valued above $30,000.


Retire in Boquete

Please subscribe to our newsletter for the latest posts, news and more
About  · Blog  · Contact Us  · Terms of Service

copyright © 2013-2019 by MSI - powered by WordPress