Panama Offers Retiree Benefits

Panama offers the following Discounts to Retiree’s:

– 50% off entertainment anywhere in the country (movies, theatres, concerts, sporting events, etc.)
– 30% off bus, boat & train fares
– 25% off airline tickets
– 50% off hotel stays from Monday through Thursday
– 30% off hotel stays from Friday through Sunday
– 25% off at restaurants
– 15% off at fast food restaurants
– 15% off hospital bills (if no insurance applies)
– 10% off prescription medicines
– 20% off medical consultations
– 15% off dental & eye exams
– 20% off professional & technical services
– 50% off closing costs for home loans
– 25% off residential power (electricity bills) up to 600 kw
– 25% off residential phone service charges
– 25% off residential water bills of up to US$30

The law referring to the retiree benefits can be found in this PDF here in Spanish.

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