I love the “THIS is the new THAT” routine. BusinessWeek says Panama is the new Florida, for reasons we already know very well: low cost of living, beautiful natural resources, and great culture, it’s a place where you can, as the article states, make a “successful geographic arbitrage.” Retiring in Panama is growing in popularity, and expatriates of all ages are finding reasons to move to Panama.
I think the last paragraph is the most telling:
TAGS: Finance Living Abroad PanamaBut Johnson and Murdock have no major complaints, and Panama is certainly better than the Mojave. Murdock surfs — every single day — and says Johnson looks 20 years younger since retiring. They both love the way their dog can run on the beach without a leash and the fact that their doctors, many of them schooled in the U.S., happily give out their cell-phone numbers and actually answer when called. And their social life is far more active than it was in Aromas. They go out with new friends, a blend of expats and natives, almost daily, often for evenings of fish tacos and endless margaritas — for $20. “We have more time,” says Johnson. “And apparently we have more money.”
This place is a logistical nightmare. Don’t believe the media BS. Someone is paying them off to publish this crap. I’ve lived here for 7 years and in Costa Rica for 14 years. They both suck!!!
The laws pertaining to expats and immigration change every few months. This means constant trips or conferences with u attorney who doesn’t have a clue what is needed anymore. Traffic in the city is a screaming embolism and the cops are totally useless. To bust yapping on the cell fons. The government is so corrupt its a joke. BagBoy sold his country out to AmeriKa for a paltry $6mil so the IRS can infiltrate the financial services here. Yep thats right, just like back in the states….NO FINANCIAL PRIVACY HERE.
I could go on but it just gets my blood boiling….Pick another country….not Central America!!!!
Jim