The Republic of Panama has become in recent years as a preferred place for those seeking a destination for a second home either to rest or to live. The tax advantages, low costs of living, using the U.S. dollar as its official currency, the international financial centre, modern shopping malls and good communications and health systems are among the reasons so many pensioners and retirees have chosen to live and invest in Panama. All this is backed by the characterization of the AARP Bulletin (association of American Retired Persons) that has treated Panama as one of the 4 best places in the world to live outside the United States. We also have the qualification of the International Living who have said that Panama is one of the best places to live outside the United States. Other benefits that can be found in Panama and that gives greater value to your investment for housing are that the country has paradisiacal places such as virgins and white sand beaches, forests, flora, fauna, dense jungles, mountains, islands, rivers, lakes, exclusive sites for retirees, the Panama Canal, historic sites such as: the Metropolitan Cathedral, the National Theatre, the Presidential Palace, the Museum of Religious Art, the Museum Towers Araúz Reyna, the Museum of Natural Sciences, the Museum of the Panama Canal, ecotourism sites as the International Friendship Park and Volcan Baru National Park, and so on.