“…we recommend Panama as one of the world's leading asset protection
and tax havens. Its inviting menu for offshore investors features trusts,
IBCs, world class banking and even family foundations to manage wealth.
Unlike far too many other jurisdictions, Panama stands by its iron clad
financial privacy laws, waiving them only for probable cause of criminal
activity. And it does not tax foreigners
who live here or base their businesses here.”
Sovereign Society A-Letter, 2003
“If you love tropical lushness and don’t need big-city stimulation,
this lively little community near the Costa Rican border may be calling
your name. The town’s many European and American expats appreciate the
stable political scene, the mercifully modest cost of living, the clean
air, and the outdoorsy opportunities: river rafting, tennis, and golf.
Boquete is tucked into a fertile landscape of coffee plantations and
orange groves where you can escape the heat of the lowlands.”
Modern Maturity Magazine, 2001
Praise for Boquete’s natural beauty as it is described again by The
Los Angeles Times:
“A budding affection for Boquete; Far from the monotony of the historic
canal, this endearing and little-known town in the cool, lush highlands
boasts a wild bounty of colorful flora, fauna and scenery.”
The Los Angeles Times; 2002
Panama: “The Skinny on Six-to-Die-for Second Home Destinations-Your Piece
of Paradise”
“Panama is the new Central American bargain where the US dollar- the
market currency- goes a long way. A former gas company executive spent a
year and a half researching a retirement spot with his wife before
settling on a 2.4 acre lot on a beach resort near Coronado. “We wanted a
tropical place with an ocean view in a politically and economically stable
country” he said. “Panama just kept coming up.”
Conde Nast Traveler October 2004
"Boquete, Panama Ranked the best place in the Americas
for Americans to Live Abroad"
A rating based on the low cost of living, stable government, clean air,
climate, safety and outdoor recreation - from tennis and golf to river
rafting.
Modern Maturity , the magazine of the American Association of Retired
Persons.
“Panama is the best place in the world to retire.”
International Living August 2004
"Nicaragua, Honduras, Panama Vie to Be the Next Florida"
"The quality of life, the cost of living is a lot better" than the U.S.,
says Mr. LaFoley, 56 years old, who owns a shopping center in
Massachusetts. Countries like these are rolling out the welcome mat to
Americans with a variety of financial incentives. The LaFoleys, for
instance, are in Panama on a pensionado visa similar to what is available
in Honduras, which lets them live there after proving they have $500 a
month apiece in income. Panama also lets retirees import a car tax-free
every two years, import $10,000 of household items tax-free, and buy
property tax-free if it is the owner's only home.
The Wall Street Journal, June 2004
“Panama is now where Costa Rica was 10 years ago. Panama
is getting ready to explode.”
National Geographic Traveler December 2004
"The New Panama Invasion"
A century ago, Americans took over this country to complete and run the
Panama Canal. In 1989, we sent in troops to arrest national leader Gen.
Manuel Noriega, now in prison in Florida for money laundering. These days,
Americans are threatening to take over Panama by more peaceful means:
We're retiring here by the score. The biggest industry in Boquete, a town
of 4,000 people located in an impossibly beautiful mountain valley full of
whitewater streams and year-round tropical blooms, seems to be selling
retirement homes to Americans. Prime ridgetop lots with a view of
11,400-foot Volcán Barú can be had for $100,000; you can buy a modest home
in ticky-tack developments south of town for $40,000. The government is
cooperating in this new invasion by giving 20-year property tax exemptions
to new houses built by foreigners, which largely means Americans,
Canadians and Europeans.”
Oregonian Register Guard, June 2004
"Panama Has No Hurricanes Ever"
Panama is the only country in Central America in a climate zone that is
absolutely hurricane-free. Truly blessed by nature, Panama also has none
of the destructive earthquakes that plague its Central American neighbors.
The Panama Planner 2004The World's 15
Best Places to Live Abroad: Modern Maturity sent teams of researchers
out in search of 40 exotic locales around the globe to determine the
absolute best places for a home away from home. The magazine graded each
destination using 12 categories, ranging from weather and cost of living
to cultural programs and political stability. And the winners are:
| 1. Costa del Sol, Spain |
9. Ambergris Caye, Belize |
| 2. Cinque Terre, Italy |
10. Tunis, Tunisia |
| 3. Provence, France |
11. Algarve, Portugal |
| 4. Bouquete, Panama |
12. Cayman Islands |
| 5. St. Vincent & The Grenadines |
13. San Miguel de Allende, Mexico |
| 6. County Clare, Ireland |
14. Pafos, Cyprus |
| 7. Nong Khai, Thailand |
15. Ubud, Bali, Indonesia |
| 8. Crete, Greece |
|
Modern Maturity also takes a look at the world's
cheapest places to live, asks if you have what it takes to be a global
snowbird and publishes the reflections of a die-hard globetrotter on the
joys of expat life.
Modern Maturity: Featured in the May-June 2001 Issue
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