Some countries like Panamá actively seek new residents. This is from the web page of the Consulate of Panamá in Toronto, Canada.

Those dangerous downsides in retiring overseas

By Jay Brodell

With U.S. housing prices soaring, folks of retirement age may consider cashing in. But what to do then? Some will consider moving overseas on the assumption that they could live well there for less.

The lure of an idyllic life is strong: relaxing on the balcony overlooking the Pacific with glass in hand and a perspiring bottle of a fine white…