Nov
26
2009

Panama Inside-Out

(Warts and All)

Let on-the-ground experts, expats, and insiders introduce you to the real Panama…

Here’s your chance to uncover the opportunity that’s right for you in the world’s top retirement, lifestyle, investment, doing-business, and embarking-on-a-new-adventure haven…

Dear Live and Invest Overseas Reader,

There’s the Panama of the marketing hype…

There’s the Panama of the Internet…

There’s the theory of Panama…the idea of Panama…

Then there’s the real Panama…

Beyond the much-touted advantages of this country’s pensionado program…beyond the excellent infrastructure…the high standard of health care…the affordable cost of living…the enviable geographic position…

Beyond the banking advantages…the doing-business incentives…the tax breaks…the sustained economic prosperity…

Lies a squiggle of a country with two long coastlines.

All the benefits exist, of course, and there are many, many others…

But with so much on the table, the idea of Panama can become overwhelming…and, at times, misleading…

For, just as there is a wealth of information out there on Panama today…so, too, are there lots of mistruths and inaccuracies, misrepresentations and misunderstandings.

Some of this is a result of sugar-coating, misinformation intended to make a buck from the unsuspecting, inexperienced gringo.

More is a function of how quickly this market has been moving in recent years. Once information is published on the Internet, it becomes immortal, knocking around in cyberspace for all eternity. Even if it were true when first published, it can be misleading at best by the time you stumble upon it with the help of Google.

Then there are the travel tales of visitors who haven’t spent more than a week in the country…or who’ve never ventured beyond Panama City.

And there’s so much more to the “Hub of the Americas” than its capital city.

Panama, as a whole, offers every lifestyle option you could possibly wish for…from vibrant cities to sleepy fishing villages…from cozy mountain retreats to white-sand beaches (take your pick along either the Caribbean or the Pacific coast)…

And, like anywhere else in the world, each of these enclaves has its pluses and its minuses.

To get the best out of Panama—to determine which opportunities might be right for you—you need to know the full story…you need to understand all the facts, straight and complete and current…

You need to see Panama for what she really is. You need to open your eyes to the good, the bad, and the ugly of living, investing, banking, and doing business here.

Only then, can you set yourself up for success.

About The Panama Letter

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