- How the “Three Pillars of Panama” Will Make Your Move Easier…
Posted on April 14, 2014 by Dan Prescher
After an International Living conference, heads are swimming… That’s because we err on the side of information overload when giving presentations to our attendees. It’s a mixed blessing—nobody wants too little information, but then again, the human brain can only absorb so much so fast. This latest Fast Track Panama Conference was no exception, but three things stood out for me as I emceed the event in Panama City this week.
- Scandinavians Aren’t the Only Ones to Fall in Love with Boquete, Panama…
Posted on April 8, 2014 by Eoin Bassett
Standing on a bridge over the Calderas River, watching it bubble and tumble down the valley, it’s easy to see why the Swedes and Swiss who arrived in this sheltered spot in the early 20th century felt so immediately at home. Pure mountain air and forest-green hillsides are something you expect of Scandinavia or the Alpine foothills…not tropical little Panama.
I visit Panama at least once a year, and every time I approach the city from Tocumen International Airport I’m amazed. It’s what Dorothy must have felt as she traveled the Yellow Brick Road and got her first glimpse of the towers of Oz. This is one big, bustling city, and it seems to get bigger and more bustling every year.
After 20 years in the restaurant business, working for other people, Kristie Craven wanted to work for herself. So did her friend Rich Littlefield. Having found the right opportunity, they now spend their days running a beach bar on a tropical island off Panama…hosting barbecues, the occasional DJ, and serving up the freshest fish imaginable.
- Enjoy the California Lifestyle – for Less – in Coronado, Panama
Posted on March 20, 2014 by Jessica Ramesch
Are you dreaming of a California lifestyle…but think that you’re unable to afford it? If so, you’ll want to consider Coronado, Panama. Just an hour’s drive from the only First-World city in Central America, at first glance you might notice that Coronado isn’t the cheapest retirement choice in the world…or even in Panama. A couple would want a total of $2,000 to $3,000 a month to live comfortably within the Coronado gates (including rent). Monthly rentals can be found for $1,000 to $2,000, and homes sell for $175,000 to $300,000…
Panama’s artisans are perhaps the best-kept secret in the world of handicrafts. In every region you’ll find master craftspeople quietly selling their wares in small stores and on roadsides. Little-known festivals celebrate their skills. And Panama’s oldest families pass their creations on to their children…from the fine linen and Valencian lace of the dress known as the pollera, to the instruments needed for the distinctive sounding tipico music.
I visited San Miguel de Allende recently while working on a video project, and I had a chance to catch up with an old friend from when my wife, Suzan Haskins, and I lived there back in 2007 and 2008. It pleased me to find him doing well and to hear that his two children were growing into handsome, intelligent young adults. Part of the reason for that, he told me, were the chances they’d had to travel.
- Retirees Wanted to Test-drive Life Overseas For a Month—All Expenses Paid
Posted on March 15, 2014 by Jennifer Stevens
We at International Living are sending one lucky winner (along with a friend or spouse) to Coronado, Panama for a full month in 2014—free. The prize includes round-trip flights from the U.S. or Canada to Panama City, furnished accommodation in the beach-resort town of Coronado, plus a living-expense stipend of $1,500.
What are your reasons for visiting Panama? Ask any tourist that question and you’ll get a different answer. Some come for the beaches and the sun, others to explore the jungles or cloudforests. There’s a lot to see, and if you’ve read anything about Panama, it’s likely you’ve felt tempted to hop on a plane. To help tantalize you just a bit more, here are my top four reasons to visit Panama.
Every morning, I wake up and head straight for the rooftop. At 32 stories high, my building is the perfect vantage point from which to check the closest surf break. If there’s no swell coming up, I go downstairs, fire up my computer, and get to work. If there is, well…it looks like I’m not working that day.
- The Importance of a “Dream Retirement Overseas” Shortlist
Posted on March 10, 2014 by Dan Prescher
We’ve already lived in seven communities in four different countries. We’ve had some time to honestly assess ourselves and what we need to live somewhere for more than just a month or two a year. By now we have some pretty clear criteria for what we really need a location to provide.
We sold the house and had to decide what to do with all that stuff. So we took inventory—stuff we wanted to keep on one side of the ledger, stuff for the garage sale on the other. The idea was to get rid of all the things we didn’t need and keep all the things that we thought gave our life meaning and stability…the stuff we absolutely couldn’t live without.
- Make Money in Property Management— No Experience Required
Posted on March 1, 2014 by International Living
Vacation rentals are a great way for an investor to create an income overseas but, unless they’re living next door, anyone who owns a vacation rental needs someone to manage it for them. Property management is a business you can start with absolutely no investment. You are simply trading your time and effort.
If you make your money online, there are some great benefits to locating yourself in Panama. One of them is gaining residence on the basis of your economic activity. Panama welcomes expats…and if you register your business as a corporation, you can easily apply for a residence visa. Online workers may not have the same need to officially register their business—the way bricks-and-mortar entrepreneurs do—but becoming a legal resident is a good idea.
Although my wife, Suzan Haskins, and I write a lot about retiring overseas, we’re not officially retired. We write for a living, and even after we do reach official retirement age, I’d be very surprised if we didn’t continue our work writing, editing, and traveling. We know more and more folks in the same situation. They have no intention of retiring in the traditional sense and will probably work at something well past any official retirement marker or milestone they may pass.
Figuring out how to make some extra money doing something you love is a wonderful thing. And many of my fellow expats are doing exactly that. If you’re looking for inspiration, I’d like to share some of those stories with you. In fact, we know of so many such stories that my husband Dan and I devoted an entire chapter of a new book we’ve written to this exact topic. (More about that in a moment.)
Sometimes things happen when they’re supposed to happen…and that includes books. My wife, Suzan, and I recently finished writing a book about how to move abroad and live a great life on $2,100 a month or less, so I’ve been spending a lot of time thinking about why now is such a good time to move overseas. In fact, I don’t think this book could have been written any time but now, and there are three reasons I can think of for that.
The retire-overseas experts at InternationalLiving.com will send one winner (along with a friend or spouse) to Coronado, Panama—for a full month in 2014, free. The prize includes round-trip flights from the U.S. or Canada to Panama City, furnished accommodation in the beach-resort town of Coronado, Panama, plus a living-expense stipend of $1,500.
- Life Lessons from 12+ Years’ Experience Living Overseas
Posted on February 23, 2014 by Suzan Haskins
As we approach our lucky 13th year of living overseas, my husband, Dan Prescher, and I are fortunate to have shared so many wonderful, memorable experiences in so many far-flung corners of the world—from Southeast Asia to Europe, and nearly every country of Latin America. We’ve lived in Mexico, Panama, Nicaragua, and Ecuador… In fact, we’ve lived in more than one destination in some of those countries. We’ve learned to speak Spanish, we’ve bought and sold property…
My adventures in pursuit of stories have taken me to strange and wonderful places. The spice-scented bazaars of Istanbul were memorable, as were the breweries of Dusseldorf on the banks of the German Rhine. I have haggled with gypsies, queried stamp investors, “borrowed” a speed boat to check out real estate, and handled shotguns in London worth $100,000 each.
Panama’s a place of sunshine, 365 days a year. You have hundreds of miles of beach…highland retreats with green valleys where the weather is spring-like, even in January and August…and a genuinely cosmopolitan capital city, too, with one of the world’s largest financial districts. And Panama offers the world’s most generous retiree benefits.
Cynthia West bounced through the door vibrating with the news she was about to tell her husband Robert. He listened with mounting glee as she explained her medical company’s plan to inject some younger blood into the workforce. They were offering an early retirement package—one that would give Cynthia “an avenue of escape” from her high stress, 10-hour-a-day job in Silicon Valley. She grabbed the opportunity. Though Robert, 62, was working part-time…
There’s a big difference between how a tourist sees Panama City and how a potential resident views it. If you come for a visit, you’re likely to note the sparkly, spiky skyline. Even back in the 1990s it was impressive—no other city in the region could compete. And these days there are more than plain old skyscrapers here. There are some true architectural specimens, like the Trump building (sail shaped, like that iconic hotel in Dubai).
Coronado is a relaxed community. Only an hour from Panama City, this coastal town—now popular with expats—was once a vacation getaway for Panamanians, who came from miles around to sun themselves on the black-and-white-sanded beach and swim in the Pacific Ocean.
When I first discovered Sora, I had been looking for someplace quiet to spend a weekend away from Panama City. I wanted a place that was an easy drive from the capital. Somewhere with a cool climate and little noise or light pollution. I wanted to be able to look up and see the stars, maybe wear a light jacket, and have a relaxing weekend.