RETIRED OR PENSIONADO MORTGAGE DISCOUNTS AND OTHER BENEFITS

HOW DO I QUALIFY FOR THIS PROGRAM?

The applicants’ retirement income (or private pension income) must be at least a LIFE TIME US$500 per month. For each dependent, the retirement income (or private pension income) amount must be increased by US$100.

MORTGAGE BENEFITS

Closing costs for personal loans 50%

Interest rate for personal loans 15%

Mortgage interest rate 1%

retired-panama.JPG

HEALTH CARE BENEFITS

THE LAW - No. 6 - JUNE 16, 1987

Discounts on prescription drugs and health care services:

20% on general, specialist and surgical doctor fees

15% on hospital and private clinic bills

15% for dental services

15% for optometry services

10% on prescription drugs (some pharmacies give up to 20%)

For more information on health care please visit our Health Insurance Website.

ADDITIONAL BENEFITS

Airfares 25%

Restaurants 25%

Fast food chains 15%

Movies, theatres and others 50%

Public transportation (air, ground, and sea) 30%

Lodging 30% to 50% (on weekdays)

Technical and professional services 20%

Utility bills 25% (certain restrictions apply)

TAX EXEMPTIONS


A one-time exemption of duties on the importation of household goods up to US$10,000 in total value.

100% duty exemption on the importation or purchase of an automobile.

For more information please visit our Car Insurance Website.

We give legal service referrals by request.

Leave a Reply

You must be logged in to post a comment.