Year-round spring-like weather in the mountains and tropical weather in the rest of the country; political stability with NO army; friendly people; the U.S. dollar as currency; a low cost of living with the most generous discounts in Latin America for foreign retirees; a first-world modern banking system, a first-world capital city; inexpensive medical care; excellent transportation and communication systems; affordable housing opportunities; excellent U.S. style shopping and goods, the best incentive-filled retirement program in Latin America plus a government that makes relocating as easy as possible for foreigners-all combine to make Panama one of the world's most desirable expatriate havens. The AARP rated Boquete Panama the fourth best retirement place in the world.