In Panama, Ecuador, And Belize

Feb. 10, 2014

“Kathleen, I have passive rental incomes from five properties in Canada that amounts to solid cash flow. Could this income pass as ‘pensionado visa’ income?”

--Marvin L., United States

Probably not. Definitely no for Panama.

In most cases, the funds to meet the minimum income requirements for a pensionado visa must come from an official source and be guaranteed for life.

One exception could be Belize. That country is more flexible than most when considering income to qualify for its QRP program.

If you don't have the pension or other official income to qualify for a pensionado visa in the country where you'd like to retire, look into other visa options. In Panama, for example, you could likely qualify under the Specific Countries visa.

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True Confessions From Panama Expatriates

Panama right now stands as one of the world's top retirement, investment, tax, and entrepreneur havens.

It's a natural wonderland...where you can find everything from posh new seaside condos to peaceful and affordable beach homes fit for hammock retirement... from big-city high-rise apartments to getaway mountain villages where life centers around the daily market...

 But is it perfect? Of course not.

 Let us open your eyes to the good, the bad, and the ugly of living, investing, banking, and doing business in this much-talked-about little country. Only then can you set yourself up for success here.

 Go here now to learn more. 

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Kathleen Peddicord

Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group. With more than 25 years experience covering this beat, Kathleen reports daily on current opportunities for living, retiring, and investing overseas in her free e-letter.

Her book, How To Retire Overseas—Everything You Need To Know To Live Well Abroad For Less, was recently released by Penguin Books.

Read more here.

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