Corporate foreign exchange news

Foreign exchange news: Panama a paradise for retirees

Thursday, 19 November 2009 09:17:13 GMT

Panama could be an ideal setting for Britons planning to retire abroad, and it should not be overlooked.
Such is the claim of Shelter Offshore, which has explained that while Panama has long been on the radar of American retirees, Britons tend to overlook the Central American country because it is underserved in terms of direct flights.
"However, to overlook Panama is to overlook what could be your perfect retirement paradise," the site claimed, adding that it is considered one of the safest cities in Central America and offers excellent healthcare and leisure services.
Comments from the foreign property advice site came in response to a recent top-ten list from Forbes identifying some of the world's premier retirement destinations. Prominent among the entries were Malaysia, Italy, Spain and Thailand, as well as Panama.
For those who are considering a move to Spain, the site advised earlier this week that securing the best foreign exchange rate deal is particularly important at a time when the pound remains weak against the euro.ADNFCR-2522-ID-19467736-ADNFCR
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