Latest Articles

Business opportunities in Panama

February 2, 2010

Panama City, Panama

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.

Why?

Panama has two strong emerging consumer markets.

The first is the obvious low hanging fruit: foreigners. Their ranks in Panama are growing by the day, swelling the[...] Click here to continue reading

The Panama You Can’t Find In Panama City

February 1, 2010
Boquete, Panama

It's almost like you're not in Panama.

Isolated in the Chiriqui highlands of Panama's western-most province, the town of Boquete might as well be in a different country.  Practically all you hear is English-- the local Panamanians have excellent language skills, and there are more gringos per capita here than just about any other place in Panama.

To give you an idea of what I'm talking about,[...] Click here to continue reading

Your questions: Central American healthcare, Swiss banking, Panama foreclosures, Belize

January 29, 2010
Boquete, Panama

It's a beautiful day in the Panamanian highlands, and I'm taking the opportunity to explore the countryside for undervalued land deals.  The Chiriqui province of Panama, where I am now, is sort of like the Panamanian version of Texas-- fiercely independent and proud... locals consider themselves to be citizens of Chiriqui first, and Panamanians second.

As we've discussed in previous letters, I have been sincerely exploring the idea[...] Click here to continue reading

Why you don’t want to go at it alone

Blair is in her early 40s from Southern California.  She's intelligent, fairly aggressive, and an experienced financial executive at a mid-sized manufacturing company. In total, she has about $250,000 in savings, some of which she used to buy property in Panama.

She is single with no children and has been traveling to Panama to plant flags since 2006. She plans on (semi) retiring there in another 5-years and has unfortunately learned a lot of[...] Click here to continue reading

Panama vs. Costa Rica

January 27, 2010
El Valle, Panama

For a future expat, there are three places worth seriously considering in Central America-- Panama, Nicaragua, and Costa Rica.  Much is written about Panama, and rightfully so; the country is the most stable, economically liberal, and business oriented.

Not to be completely ignored, though, Costa Rica has its own merits that are certainly worth an honorable mention.

First, to understand Costa Rica, you need to get[...] Click here to continue reading

A sustainable community in Panama

January 26, 2010

Panama City, Panama

I've been on the ground in Panama for a week, and thus far, the majority of my time has been spent investigating the sustainable community concept that I wrote about several weeks ago.

To refresh your memory, the idea is to develop a small, cost-effective, subscribers-only expatriate community in Panama that focuses on sustainability over luxury. Frankly, other developers laugh when I discuss the concept and[...] Click here to continue reading

An important update on the Panama private storage facility

January 25, 2010

Panama City, Panama

A few weeks ago, I told you about a new private vault facility that was opening soon in Panama called "Best Safety Boxes." At the time, I had not personally checked out the facility but at least wanted to make you aware of its opening.

Late last week, I had the opportunity to meet with the owners and take a personal tour of the facility. In[...] Click here to continue reading

Gun laws in Panama

January 21, 2010
Panama City, Panama

Nazi leadership realized long ago that one of the chief ways you instill fear and obedience in the people is to take away their ability to fight back.  This is a time-tested method of making the people afraid of the government, and thus preventing the converse.

As such, I am frequently asked about gun control laws in many parts of the world... and while I am far[...] Click here to continue reading

The truth about Mexico

Mexico City (DF), Mexico

20 January 2010

My route to Panama has become quite slow and roundabout thanks to a bit of bad weather, and the fact that I gave up my seat on an oversold fight to accommodate a lady who was rushing home for a family emergency.

I am optimistic about this series of events, though, because I have the opportunity to once again put my boots on the ground[...] Click here to continue reading

Case Study: Multiple Flags in Venezuela

January 19, 2010
Mexico City (DF), Mexico

For such a pale skinned gringo, his Spanish was impeccable. We were both sitting in the business class lounge at the airport, and the fluidity with which he was prattling away in Spanish on his mobile phone caught my attention.

Ordinarily, given his very light complexion and European fashion sense, I would have guessed that he was Argentine; his accent, however, was devoid of the traditional[...] Click here to continue reading