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This Coastal Destination Is the No. 1 Place to Retire in Latin America for Its Taxes, Cost of Living, and Housing

Summary by Travel + Leisure
According to International Living’s 2026 Annual Global Retirement Index, retirees may want to move to Panama.Westend61/Getty Images The Old town of Casco Viejo in Panama City, Panama.Key PointsPanama fell one spot to No. 2 on International Living's Annual Global Retirement Index, but remained the best country to retire in Latin America.Panama attracts Americans with a lower cost of living and property taxes, along with a variety of financial inc…

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Travel + Leisure broke the news in on Monday, December 8, 2025.
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