Thursday, April 19, 2007

Live way south

South of the border brings many great saving, I like Panama. You can get a house on the ocean for in the $200,000 range and a condo or home in around panama city for 30-100,000 that is excellent.

They are going to double the size of the canal and many opportunities are there, they have a duty free trade zone. Panama is exploding with growth and a very stable Democratic goverment. Most natives speak English because of the many years that the USA ran the canal.

Added bonus, they have a Law 40 ( have to check that to be sure) Allows any person from outside the country to come in if they have any type of pension, soc sec, soc sec disablity, private pension etc. there is very limited taxes for 10 years, 30-50% off transportation, including airlines, food, medical. So it is worth the time to investigate and find out how to really stretch your dollars. 

 

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