Now Panama is my favorite Latin American retirement destination and we will put it up against Portugal one of the best European destinations. Panama and Portugal have made it to the top of several wellknown retirement lists and they are very popular with expats from the United States and abroad. Some of you might already know or suspect which of these countries has a lower cost of living, but you might not know exactly why. Keep watching to find out which of these countries would be best for the budget you have to work with and the lifestyle you are looking for.

If you have ever considered moving and retiring to another country such as Panama or Portugal, one of your biggest considerations will be cost of living. Watch this video for a comparison between the cost of living in Panama Versus Portugal. If your goal is to become an expat or simply visit one of these great countries for a while, then you need to know what rent and the cost of homeownership will be, including any taxes you would be responsible for in these scenarios. In addition to housing we will cover topics such as budgets, salaries, and places to live. In our next video we will discuss Quality of Living which takes the cost of living and balances that against quality of life factors to give you a sense of overall value for the money. Please subscribe so you don't miss the next one. Lastly, follow the invideo links to other videos about how to travel and where to go in Panama and Portugal and use the time codes below if you want to jump to a particular section of this video:

Time Codes
0:001:18 Intro
1:195:53 Housing
5:548:34 Taxes
8:3510:26 Budgets
10:2713:12 Cost Of Living Conclusion

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