Panama too Expensive? Complete Bull!“You can still find great apartments in Panama City
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Dan Prescher |
Over the last two years, we've been hearing rumblings that Panama has gotten too expensive … that it's no longer a good deal. And we've heard that not only from readers, but also from a few staff members.
So here's where we set the record straight.
The Panama that's been our favorite for years deserves a broader approach. A fresh look … a deeper look.
Panama has long been the prime choice for retirees, second-home buyers, and property investors alike. Readers have retired in style, enjoyed terrific vacation homes, and made money. The country deserved the #1 spot on our Global Retirement Index for six straight years. It’s been a winner.
But we decided to dig deeper … to broaden the appeal of this successful destination.
Our work paid off.
Yes, we’re still well-connected to the premium property market that has made Panama a mainstay with property buyers and investors from around the world. The Panama that offers the luxury of Miami at a fraction of the price is still there … and it’s still booming.
But we’ve gone a step further.
We’ve tapped into the local market and found investment and lifestyle properties that are so affordable many people thought they were gone. Properties marketed to the local buyer rather than the foreign buyer, including:
Expensive? No … it’s a bargain.
It’s the hidden, affordable Panama. A place where you can still live on $1200 per month.
What’s more, the 20-year property tax exemption is back, and the government recently returned to giving 90-day tourist entry to US citizens. The pensioners’ visa is still easy to obtain, while delivering one of the best retirement packages in the world.
And there’s more … take a look why people are choosing Panama today
And the best part? You can relax … knowing that your retirement is comfortable and secure, and that your money will stretch a long way.
Today, there is more happening in Panama than I could possibly share with you in a letter like this. That's why I'm inviting you to join me in Panama this summer.

Hosted by IL Publisher Dan Prescher and Panama Insider editor, Jessica Ramesch
Protect yourself from Panama is one of a few countries that use the US dollar as their legal currency. When you live or invest in Panama, you’re expenses will never be hit by the dollar’s fall… which has caused cost-of-living increases of up to 90% for some expats in countries with other currencies. |
You’ll come away with more focused, on-target information than we’ve ever pulled together for a single Panama event.
And it’s a broader, deeper coverage that unmasks more of the real estate market than has ever been seen before.
Imagine yourself sitting in a sidewalk café, settling down to read the morning paper, in English. The premium Panamanian coffee is fragrant and hot, and the fresh-made carimañolas are barely cool enough to eat. The smell of baking bread and coffee wafts over the neighborhood.
True, at $2.00 per pound, you could have made the coffee at home for pennies. But this way, you can enjoy watching the locals bustle by as you soak in the brilliant freshness brought on by the overnight rains.
After just one more steaming cup, stroll to the nearest bookstore and study the titles available in English or buy tickets to a show at the national theater for only $5. Maybe later you can take in the matinee at the movies for less than $3.00.
Not ready to buy? Rent! Panama City offers a multitude of choices for people in the market for a good rental. If you plan to spend $600 per month in rent, you’ll have lots of options for quality living…probably with a bit left over! |
The modern supermarket is full of juicy tropical fruits and fresh vegetables, at “locally grown” prices. But it also has the niceties that you’ve grown accustomed to over the years ... fancy cheeses, tapenades, or cuts of meat.
Feel like eating out? A healthy, three-course executive lunch is available just about anywhere for $3.00.
Maybe this Friday, a weekend retreat is in order ... perhaps to El Valle, to enjoy the cool mountain breezes. The ride out there (on an air-conditioned bus) will set you back only $4.00, while a clean room is just $15 for the night. Take in the flowers, plants, and handicrafts at one of Panama’s biggest open-air markets, walk the trails at Cerro El Gaital nature preserve, or cool off under the 120-foot waterfall known as Chorro El Macho.
Prefer the beach? From Panama City you can pack a picnic and take the $10 (round-trip) ferry ride to Taboga Island for the day. Known as the “island of flowers,” Taboga features hiking trails and a wildlife refuge, plus a homey little village and beach.
The choice is yours … as it is every day.
With Panama’s world-famous pensionado program, get set to live well for even less If you come to Panama on a pensioner’s visa, you’ll get the following benefits that make it even easier to live the good life on a budget.
And that’s not all. You’re also entitled to import your household effects duty-free, as well as an exemption of duties for the importation or local purchase of a car—every two years! This pensioner’s program is without a doubt the best deal out there for those who want to live well for less. |
And the best part of all this is that you’re spending only $1200 a month. A budget that would barely let you leave your former home up north to venture out into the sleet.
All because you’ve found the hidden Panama…a life that few foreigners have discovered.
Imagine the confidence you’ll have going forward as our Panama team lays the groundwork for your adventure abroad:
This information would take years to collect without the local, inside contacts we’ve pulled together for this seminar.
There’s more to Panama than good city living.
Not far from Panama City, you’ll discover luxuriant green mountains, vast stretches of rolling farmland and the small towns that form Panama’s heartland.
Here you’ll see few tourists. Instead you’ll discover rushing streams, expansive views, and pure mountain air … a fresh climate, all year long.
Enjoy long walks in the forest, quietly watching the thousands of species of plants, birds, and wildlife. Take pleasure in the tumble of a wild river, the peace of a quiet glade, or the thrill of coming across a waterfall in the forest.
Maybe you’ll spend the afternoon swapping tales with fellow expats in Boquete… a town that AARP has recognized as one of the world’s top retirement havens. Or perhaps you'll follow our lead and look to less-developed areas nearby, with quiet village streets, local shops, and lower property prices.
Want to be closer to Panama City? We've discovered little-known developments at high elevations just a short drive from the city and the best Pacific beaches. With extremely inexpensive properties and unspoiled natural settings, these areas are sure to grow in popularity.
Live in real style True, we can show you how to “live like a local” for only $1200 per month. But we’ve also got a “luxury” budget prepared showing how you can live like a king for only $2250. |
If you are seeking a rural country property—one that’s not part of an organized community or even necessarily in a town—Panama's interior has a lot to offer. In fact, in the Chiriquí province we just found a small 10-acre ranch on offer for only $30,000 … and a 30-acre ranch for only $80,000 … and 15 acres for just $40,000. Deals that most realtors don’t even know about.
Panama is the place for good country living. But you won’t have to give up the comfort of the solid Panamanian infrastructure, stable government, or strong, dollarized economy.
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This beautiful 10.2 acres of rolling hills is on offer for only $30,000. |
The Panama countryside offers the expat some solid choices when it comes to lifestyle and cost of living. You decide just how connected or removed you want to be from the rest of the world, and know that you’ll live for a fraction of the cost that you would back home.
But whether you choose an upscale planned community, a home in town or a ranch in the country, you can rest assured that good medical care, fellow expats and all of your material needs are not far away.
It’s one of the many advantages of living in a tiny country that offers big value.
You’d spend lots of your precious time and money to see this side of Panama on your own.
At the Live and Invest in Panama seminar, we’ll bring the experts from all of Panama’s regions to you … in one place … at the same time.
For many expats, the best part of Panama is its beaches. The country boasts more than 1000 miles of Pacific and Caribbean coastline, and some of the world’s most dazzling white sand beaches. The weather is always warm and balmy. So no matter what time of year you choose to come, you can enjoy the sand, surf, and the great outdoors.
Panama’s coast offers a wide variety of alternatives. Just choose your favorite—luxury condos, scenic beach communities, or a casita in a tiny beach town, where the neighbors are friendly locals and foreigners are few.
“The thought of moving was very scary. But since the conference I am actually excited about the possibility of living somewhere now.” “The people we met and heard were very knowledgeable and make the ‘trust issue’ go away.” “It is possible.” Anne Marie Lee |
Perhaps you want to pamper yourself in a resort community, with spa treatments, an on-site gym, a sparkling infinity pool, and aerobics … all at your fingertips. Some communities also offer shopping, planned activities, and nightly entertainment—including shows and dancing. Here you’ll enjoy an active beachside lifestyle—day and night—without having to leave the property or own a car.
Is golf more your style? An ever-increasing number of seaside communities offer rolling green golf courses as well as white sand beaches … the best of both worlds.
And this luxury lifestyle will cost you a fraction of what you’d pay in the rest of the world, while bringing high-return rental opportunities.
Maybe you’d prefer to be closer to nature … a larger property with trees, wildlife and a bit of space around you. A community with clubhouse … maybe a stable.
Coastal Panama offers beach communities that are reminiscent of a nature preserve, with expansive lots and small crescent beaches at the forest’s edge. Here you can enjoy hiking, fishing, and nature-watching, while treasuring your peace and tranquility.
Best of all, some of these projects sell for one-tenth the price (per square meter) of the denser projects closer to Panama City.
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Almost 100 feet of fine-sand beachfront for only $125,000. |
To adventurers like you, amenities are less important than the magic of immersion in a new culture. You want to blend into the local community and become a part of Panama.
Imagine waking to the sound of the crashing waves. Then take a moment to enjoy a fresh-squeezed tropical fruit juice and a cup of rich coffee before heading to the local market. Along the way, you’ll stop to chat with friends and catch up on the latest news around town.
This afternoon, it’s off to the beach. Sure, there are no seaside amenities: just the beach umbrella over your shoulder and the cooler you’re carrying. After all, peace and quiet is why you’re here … you want no sounds that didn’t come from nature.
And the best part of this new life is what it cost to make it happen. We’ve found small properties on the beach for as little as $38,000, in locations where you could live on $1,200 per month.
The all-inclusive life of luxury … stately, country-coastal living … and how to buy and live like a local.
When you join us at the Live and Invest in Panama seminar, you will;
There’s no better way to begin your exploration of coastal Panama than from the comfort and convenience of the Live and Invest in Panama seminar.
The boom continues. The expansion of the Panama Canal—a mega project launched just months ago—is one of many multimillion dollar projects expected to fuel the economy and the property market over the next years.
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Luxury condos at Villa del Mar project, by Empresas Bern |
This is a market that has performed extremely well for property investors over the last six years, and is still providing handsome returns and respectable gains for buyers today.
But today’s opportunities are not where they were six years ago … or even two years ago. The marketplace has moved on—evolved.
At Live and Invest in Panama, the experts who led the way through Panama’s incredible boom will be here to show you the latest trends in the hottest, upcoming areas.
Don’t get me wrong. These market specialists are not coming to give investment advice, and they don’t intend to make promises about performance.
But what they will do is give you the benefit of their know-how and experience … the same expertise that led the way through this incredible market so far.
At Live and Invest in Panama, you’ll have plenty of time to talk one-on-one with the market experts, scouts, and developers.
And what’s even better, you’ll also have the chance to sign on to various optional property tours so you can see the marketplace first-hand … tours geared to your specific areas of interest. Our exclusive real estate advertiser, Pathfinder, Ltd., will host these tours.
The economy is powerful in Panama, and people are coming from all over the world to share in the economic opportunity. Unfortunately, the hotel industry hasn’t kept up. There’s a critical shortage of hotel rooms in Panama City today.
But this shortage has created a terrific opportunity for property owners and investors to cash in on what’s now the region’s hottest rental market. Occupancy is at an all-time high, and rental returns are enviable.
At Live and Invest in Panama, you’ll learn where to buy, what to buy, and what kind of returns to expect when managing a rental property in Panama.
If you want to get in on one of the world’s premier property markets—one that has been good to investors for years—then there’s no better opportunity to gain access to so much expertise … in one place, at the same time.
People are coming to Panama for various reasons. But believe me; we’ve got all the bases covered.
Get the whole picture, not just the fluff. Taxes, insurance, and visas are not the fun part of being an expat. But you need to know this part of the story before you take your next step in Panama. Our trusted professionals will deliver the information you need.
Here are just a few of the people who make up our staff for this groundbreaking seminar. Remember: they’re not just presenting their topics. One of the primary seminar benefits is that they’ll be available to spend time one-on-one discussing your own situation.
Jessica Ramesch
Jessica is a seasoned expat who now lives in Panama. As editor of Panama Insider she spends her days writing about Panama's best areas and opportunities. She is a true Panama insider … and co-host of this Live and Invest in Panama seminar.
Jessica not only lives and works in Panama herself, but spends most of her time scouring the country for IL readers seeking a new life abroad. She’s already forged her way in Panama, and has the experience and first-hand knowledge that will get your own transition off to a smooth start.
Ronan McMahon
Keeping far ahead of the pack when it comes to real estate markets, Ronan was the guiding force that led readers to the explosive opportunities of recent years in Nicaragua, Costa Rica, and of course, Panama. As Executive Director of Pathfinder, Ltd., Ronan will give his analysis of the real estate market situation in Panama, identifying the current hot spots … and the future opportunities.
Robert E. Bauman, JD
Bob Bauman is one of the world’s leading authorities on offshore asset protection and privacy preservation. He is editor of the Sovereign Society’s Offshore A-letter, and a highly respected author of a wide range of publications including The Complete Guide to Offshore Residency, Dual Citizenship and Second Passports, the Offshore Money Manual, and the Oxford Club’s Wealth Protection Series.
Bob will give you the insider’s picture of the offshore landscape as no one else can, and unlock the mysteries of Panama as the world’s #1 financial haven.
“…for those who prefer to discover how to ‘conquer’ Panama on their own, I only hope they get as thorough and honest advice and counsel as we did in the conference. …having the opportunity for one-on-one conversations with the presenters was well worth my time and investment in attending.” Katharine Cotrell, Portland, OR |
Rainelda Mata-Kelly, legal counsel
When it comes to residency, tax law, corporations, trusts, banking, and real estate, there is no better authority in Panama.
Rainelda will bring you up to speed with the practical information you need to know if you’re planning to retire, buy a property, or start up business. And if you’re setting up offshore accounts, corporations, or trusts, hearing what Rainelda has to say is indispensable.
Richard Luchsinger
As a Certified Financial Planner and Associate Director of Sovereign International Asset Management, Rich brings more than 25 years experience to the table as a licensed financial professional.
He has arranged for people to legally use their IRA to buy overseas real estate all over the world. He also specializes in managing offshore investments and asset protection. At Live and Invest in Panama, Rich will reveal some little-known financial secrets that will open up possibilities that you may not know existed.
And what’s more, you’ll get firsthand information on:
Our seasoned professional experts will deliver the on-target information you need to get the real picture about living, buying or starting up a business in Panama.
Note: Due to unforeseen circumstances, it’s possible the speakers may change. Other experts, however, will take their place covering the same topic.
At this Live and Invest in Panama, we’ve invited an unprecedented number of expats who have bought second homes, retired, or started up a business in Panama. Men and women who just a short time ago, were in the same position that you are today.
“I attended the Live and Prosper in Panama Seminar last year. As a direct result of that experience my wife and I have decided to live and work in Panama. We have bought property near Boquete; we are in the process of securing our pensionado visas; and we will soon be launching a new business.” Dudley Connell |
You’ll meet people like Cynthia Cudmore-Mulder. A former resident of Canada, Australia, Curaçao, Japan, and the Netherlands Antilles, Cynthia has the experience to make a sound choice when she decided to settle down and call Panama home.
As manager of design, construction, logistics, and development of her Cerrito Tropical Vacation Apartments on nearby Taboga Island, Cynthia will happy to share her secrets of success at the seminar.
Jon Nickel is always a popular speaker, and a model of the successful expat and early retiree. Jon and his wife Gretchen moved to Panama City, and remodeled their stunning waterfront apartment. You’ll enjoy meeting this dynamic couple and you’ll benefit greatly from sharing their experience in Panama.
Jennifer King had an idea and a good dose of entrepreneurial spirit. She combined those with the plentiful opportunities in Panama and came up with a pet-friendly Bed and Breakfast that drew people from all parts, all year long. Today, she’s managing pet-friendly apartment rentals.
If you want to know what it takes to start up and run a successful business, you don’t want to miss meeting Jennifer.
And these successful expats are just the start. This conference will give center stage to more expat speakers than ever before. This firsthand information is worth its weight in gold.
As Publisher of International Living, I’ll be hosting the conference with Jessica Ramesch. My wife Suzan Haskins and I are four-country expats ourselves, and we both look forward to sharing our own significant experience about beginning a new life abroad.
Group Networking Dinner The first item on the conference agenda is optional, but may be the most important. The group networking dinner is where many form relationships that help them not only during the conference, but for years to come. The cost is around $40 per person. It’s great chance to meet with the IL staff as well. You can sign up after you register for the conference, by writing to Events@InternationalLiving.com Please join us on Wednesday, July 30 |
After optional early registration, I’ll look forward to seeing you at the networking dinner on Wednesday, July 30 (see sidebar).
The networking and exhibit room will open bright and early at 8:00 AM on Thursday, July 31. General session will kick off promptly at 9:00 and go until about 6:00 PM … followed by our Welcome Cocktail Reception on Thursday night.
On Friday and Saturday, the networking room will open at 9:00 AM (it remains open all-day) and sessions will run between 9:00 AM and 6:00 PM. (You’ll get a detailed schedule with your confirmation.)
Our special VIP event will be held on Friday night (August 1) for Lifetime, Roundtable, and World Club members.
On Saturday evening, we’ll have our Farewell Cocktail Reception, and you’ll be ready to do some first-hand exploring of Panama!

Ringed with golden sands and emerald waters, the Playa Bonita Resort and Spa provides the perfect setting for Live and Invest in Panama. Overlooking the entrance to the Panama Canal, the resort boasts stunning ocean and island views and magnificent sunrises. Between sessions, you’ll enjoy the private beach, infinity pools, waterfalls, and exotic gardens. Unwind in Panamanian luxury with a Mediterranean flair … appealing and relaxing. But most importantly, Playa Bonita also offers a professional and comfortable conference venue.
We’ve negotiated a special, deeply discounted rate of $165 per night ($185 for a double). This includes a room with an ocean view balcony and a full buffet breakfast. If you’d like to enjoy the resort before or after the seminar, they have agreed to honor the rate for five days before and after the event.
And if you’d prefer a lower-cost option (and don’t mind commuting to the event), remember that you needn’t stay at the Playa Bonita to participate in the Live and Invest in Panama seminar. Please contact our events team who will send you a list of other hotels in the area that we’d recommend.
Get complete contact information for the hotel (with all related travel information) on the online order form or by calling 1-866- 381-8446
And the list goes on and on…
“First-Class! You covered all the fundamental bases of reinventing one’s self, financial freedom, where to enjoy life, etc. The presenters were excellent and professional. This seminar is for anyone who wants to bring some jazz into their life.” Jim Thomas, Portland, OR |
You’ll see all sides of Panama. From the luxury waterfront lifestyle, to a comfortable and enjoyable way of life that you can manage on a social security check. From the lush green mountains, to the dazzling beaches, to a city life that’s hard to beat anywhere.
Even if you’ve been to a previous conference in Panama, you’ll find that this one will bring you up to speed on affordable lifestyles that may not have known of.
Think about it. If you had to gather this information on your own, you’d spend thousands of dollars, and months of your time to do it. After knocking on doors, searching the internet, sitting in lawyers’ offices, and hanging out with real estate agents, it would still be impossible to assemble the body of knowledge that we’ve pulled together for this conference.
Frankly, Live and Invest in Panama is a good investment of time and money for anyone who’s considering Panama … well worth every penny you’ll pay to attend.
The moment you sign up for the Live and Invest in Panama seminar, we’ll electronically send you one of the most valuable publications about Panama we’ve ever developed.
I commissioned a special report—Property and Lifestyle Secrets of the Hidden Panama —specifically to deliver actionable details and real examples from the Panama property market and life in Panama … examples that support the varied lifestyle alternatives and budgets that this conference is presenting for the first time. It’s up to date, and it concisely delivers no-nonsense information.
Why is this so important?
“The program’s content allowed me to realize that I can live and prosper in Panama; especially due to all the successful stories of the expats and the IL staffers…and the government incentives.” Dr. Pamela Dendtler Brooklyn, NY |
Because before even getting on the plane for Panama, you’ll have studied each of the geographic areas … along with property examples and budgets for different lifestyles.
Once you get to the conference, you’ll know exactly where to focus your energies in order to make the most of it … you’ll know which regions interest you, and what they cost.
What’s more, you’ll have a pretty good idea of what you’d like to explore after the conference, when the optional Pathfinder tours are available.
Best of all, Property and Lifestyle Secrets of the Hidden Panama will be rushed to you immediately when you sign up for the conference. That way, you can make the most of it before you head to Panama.
This valuable report is only available to Live and Invest in Panama seminar attendees. It will not be offered for sale.
Post conference Tours Don’t forget, Pathfinder International will offer a number of optional property tours. So you’ll not only have the chance learn about the property market, but also to see it first-hand. We’ll send full details before the conference. |
If you book now, this first-time opportunity to explore the hidden Panama costs just $995 per person (your guest pays only $595). You get three days of information-packed meetings, and access to well-informed and experienced contacts that are ready to share their firsthand experience.
The entry price includes:
Registration is easy, with any one of the following methods:
And for all you need to know about hotel reservations and rates, getting to Panama, and finding your way once you’re here, see the Hotel and Travel Information bulletin on the order form.
In fact, the last five Panama conferences in a row have been sellouts!
Live and Invest in Panama is by far the most popular country seminar on the International Living agenda. You must sign up soon to guarantee yourself a seat.
“I am looking to invest in Panama and this conference was well worth the time and money spent.” Shaun Dolan, Miami, FL |
Remember, this conference and its companion report, Property and Lifestyle Secrets of the Hidden Panama, is going to be more valuable—and appeal to a broader audience—than any country conference we’ve held previously.
Please take a moment to register now, using our secure online order form. (Hotel and travel information details are available on the form.)
This is your best chance to use the hidden Panama to fulfill your dream. Whether it’s to:
… this conference will have the content to fit your needs in a way like none has before.
“Thank you for a new direction in our lives!” John & Dianne Arguelles |
I personally look forward to welcoming you to this event, the deepest and broadest look at Panama that we’ve ever presented.
And I can tell you that no one has ever left a conference in Panama better prepared than you’ll be after this one … regardless of the lifestyle you’re seeking.
There’s not much time remaining to get the early bird discount, and seats are selling fast. Please follow the link to our secure, online order form or call 1-866- 381-8446 today, to lock in your place at the conference.
Sincerely,

Dan Prescher
Publisher, International Living
PS: Remember, this Live and Invest in Panama seminar is presenting a side of Panama that has not been seen previously at a conference: the hidden, affordable Panama. Along with its companion report, this seminar represents the best value we’ve offered to date. Please take a minute to sign up now, or call 1-866- 381-8446.
Or call 1-866- 381-8446 (toll free US and Canada)
or +1 410 895 7967
Or email events@internationalliving.com