Panama: Where Residency Visas (Still) Grow on Trees
Recent changes in Panama immigration law had some potential expats worried. It looked as if a Forestry Investor Visa would come only with a hefty six-figure outlay for a large tract of land.
In International Living this month: Spell-Bound in Paradise – Live on the Philippines’ Most Magical Island for Less Than $1,000 a Month. 3 brazilian homes for less than the price of a US split level. How to stay anywhere in the world for free. And the best places to find love in Mexico.
Recent changes in Panama immigration law had some potential expats worried. It looked as if a Forestry Investor Visa would come only with a hefty six-figure outlay for a large tract of land.
For many IL readers, Ecuador is the best deal going. It not only offers magnificent colonial cities, jagged Andean scenery, hundreds of miles of beaches, and the Galapagos Islands…but also near-perfect weather and one of the world’s lowest costs of living.
In June 2002, I showed my subscribers (see: www.DailyWealth.com) a little-known way to buy gold for $250 an ounce. That was $70 off the market price at that time. (Boy, I wish we could buy like that again.) We made about 80% in two years.
The bearer of the bamboo-like cane, or caña, is Juan, a local farmer with a mischievous twinkle in his eyes and a catlike agility that belies his 70-odd years.
In the tango of popular conception, a dashing Valentino fellow in ruffled shirt, bolero, and cummerbund leads his partner in her frilly flamenco costume through a series of staccato leaps, jumps, and deep backward bends, in a display of athletic exuberance and total male domination.
I’m spellbound. Tiny Boracay truly is one of the world’s most magical islands. So magical that even confirmed beach skeptics like me can’t help but fall in love with its laidback lifestyle.