Right Now Could be the Best Time to Come to Panama...the Hub of the Americas.
Right Now Could be the Best Time to Come to Panama...the Hub of the Americas.
Panama has long been the prime choice for retirees, second-home buyers, and property investors alike. Today you can still find apartments in sought-after areas of Panama City for $80,000 and live well on $1,200 per month.
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- Population: 3,559,408
- Capital City: Panama City
- Climate: Tropical maritime; hot, humid, cloudy; prolonged rainy season (May to January), short dry season (January to May)
- Time Zone: GMT-5
- Language: Spanish (official), English 14%; (many Panamanians are bilingual)
- Country Code: 507
- Coastline: 2,490 km
It seems this congressman died and went to heaven and Saint Peter was at the gates of heaven and he said, we really think you should consider the possibilities here that there is more than just heaven. He said, we’re going to require you congressman to go down to hell.
According to a recent report by Freedom House, Panama is one of the freest countries in Latin America.
I see a lot of opportunity in Panama right now for entrepreneurs and small businesses; in fact, I see more opportunity here than in just about every other country in the western hemisphere with few exceptions.
Where are the best places to find an easy retirement? InternationalLiving.com staff pick their Top Six destinations for smooth, trouble-free retirement.
Steve Hartwig lives on an island that’s approximately three miles long. He leads a quiet life, running a small Bed-and-Breakfast. He’ll tell you there isn’t much to do—that is, outside of contemplating the bright blue water and the many species of rare and colorful birds. And that’s just fine with him.
A cool breeze tickles my neck as I take in the view from Gaital Hill. The sky is a gingham pattern of crisp blue and white now that the mists have dissolved in the afternoon sun. The fauna is deeply green and seems to cover everything. At the foot of the hill lies my destination…“the valley.”
On the heels of a record-breaking conference in Quito, Ecuador, InternationalLiving.com expects to set yet another attendance record at its upcoming Panama conference in April.
It’s a stunning drive to Volcan—and that’s not just travel writer hype. As the road winds up into the mountains, one vista after another unfolds. I have driven this road many times over the past four years, and it’s still as invigorating as ever.
A depressed global economy, rising health care costs, increased taxes, and lower quality of life are just a few of the reasons for a record-setting registration for the InternationalLiving.com Ultimate Event V in Quito, Ecuador, February 24-27.
Anyone who has visited Panama City recently knows two things: the city’s new Coastal Belt Highway improved the traffic situation immensely, and Casco Viejo ranks as one of the city’s most charming and beautiful areas. Now the two are coming together in a way that could spell the business and cultural boom that Casco Viejo […]
Find out all the winners in the 2009 retirement index.
Discover the easiest way to get to Latin America and learn about Thai Airways unique program that focuses on Asia’s world famous pilgrimage sites
One of the most common questions we get from IL readers is: Where in the world is it easiest to retire or relocate? The answer? It depends.
As I travel, I see many places that are compelling for talented entrepreneurs because of a combination of business opportunities, tax-advantaged corporate structures, and low cost of doing business. Here are some of those places
One of the best – and fastest – ways to avoid boredom and become a part of your new community is to connect with other like-minded individuals through expat-oriented activities.
A selection of upcoming events for IL readers…
In the second half of this year we will start to see highly distressed condo sales in Panama City emerge. These are deals we will want to pay attention to…
My friend Paul lives in a mountain community that used to be reserved for the Panamanian elite. I was surprised to find out that his twenty-something son lives there, too. Ever the city girl, I don’t understand. “Doesn’t he get bored? Wouldn’t he rather live in Panama City?” Paul shrugs: “We’re only 30 minutes from […]
In Panama, the lifestyle is more convenient and comfortable than ever. Nowadays, because of a new coastal road, I need not sit in traffic for an hour to visit a bank in the busy financial sector.
Snow, sleigh-bells, mistletoe—or the beach? Christmas doesn’t always have to mean a gaggle of relatives, too much eggnog, and bulky winter coats. This year, why not relax in a hammock, with a cocktail and the soothing sun?
America will be shocked by Panama’s ultra-modern look. But here looks are not just skin-deep; the city lives up to the swanky image created by its towers of glass and steel. That means you’ll find a sizzling nightlife and plenty of trendy restaurant districts to keep your palate entertained.
Although we had traveled extensively prior to our moving overseas in 1987, it was only then that we realized that we would not return to the States when we retired.
This month’s Globetrotting tales…
Steve Hartwig runs his own guesthouse in Bocas del Toro in Panama—on an island approximately 3 miles long and half a mile wide.
Last week, 310 International Living readers took decisive action. For many of them, it will change their lives. Lying ahead will be a richer, more-rewarding lifestyle…better financial security…and a higher standard of living at a fraction of the cost that they’d planned on spending in their retirement years. But that’s not all. Many learned of—and […]
International Living ranked Panama the number one place in the world to retire for six consecutive years, and today it remains in our top five.
We ask five of our roving reporters where they’re hot on right now…simply pick the town that matches your plans.
Thinking about moving overseas and worried about how your kids or grandkids will take to it? Don’t be. Children are adaptable and can soak up new experiences (and languages) like big porous sponges.
The latest update on how the Panama hotel lobby is pushing to make owning short-term rentals less attractive for investors.
Many years ago, I was editor of a publication called Pocket Money Real Estate. The idea was simple: Great properties, low prices. The readers favored big city apartments and lush mountain retreats, and hated to spend more than $100,000. So, that’s what we found for them. It was a great publication and a lot of […]
Presenter: Jessica Ramesch Recording Back to The Ultimate Panama Audio Collection No Powerpoint
You don’t have to be a conservative, a liberal, or anything at all to understand that the health care system in the United States is in trouble. It doesn’t matter which figures you like the sound of—the health system in the U.S. is about numbers…big numbers. Like $2.5 trillion—that’s how much will be spent on […]
Over the past 30 years, we’ve compiled hundreds of charts, lists, and indices (like the Quality of Life Index and the Retirement Index), seeking to rank the world’s best destinations. We’ve dedicated scores of editors, researchers, and statisticians to the task. Probably spent hundreds of thousands of dollars…maybe more…teasing out the secret of the numbers. […]
Presenter: Stephen Johnson Recording Back to The Ultimate Panama Audio Collection No Powerpoint
Presenter: Karyn Saunders Recording Back to The Ultimate Panama Audio Collection No Powerpoint
Presenter: Al Fine Recording Back to The Ultimate Panama Audio Collection No Powerpoint
The key question: What will be the impact of all the new supply coming on the market in the next two years? As you know, there has been a huge construction boom.
We’ve been writing about Panama for more than a decade. We ranked it the number one place in the world to retire for six of those years. And today it remains in our top five.
Fast Track Panama Package 2009 Thank you for ordering the Fast-Track Panama Package 2009. Click Here to Download the Schedule Click here to download the entire audio collection. (The file is over 800MB, please allow some time for it to download) Fast Track Panama Package 2009 Exposing the Hidden Panama: Find Your Personal Paradise […]
When I talk to expats in Panama about living well on less than $1,500 a month, some nod knowingly…usually because they’ve done it. Others scoff and pull out their $4,000-a-month budgets. These typically include rent or mortgage payments on a new luxury apartment in a new luxury high rise in a new luxury neighborhood. And […]