5 Easiest Countries to Get Citizenship as an American

2. Panama

Insider Monkey Score: 8

Plenty of places are ideal retirement destinations in Panama, and Americans can easily start living there by applying for the Panama Retirement Visa (Pensionado program). The retirement residence visa requires applicants to demonstrate a monthly minimum income of $1,000. Moreover, they must be at least 18 years of age, and have necessary documentation to proceed with the visa process. The retirement visa offers many benefits and discounts to retirees, such as discounts on hospital bills, energy bills, airline tickets, and more. Applicants who have had residency in Panama for five consecutive years are eligible for citizenship.