Some Tips for Buying Abroad
Make wise decisions on purchasing property abroad with these 12 basics tips for buying abroad.
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Author: United Country Bocas
Fish, Fruits and Vegetables
One of best things about living in Bocas is the fresh fish and the fresh fruits and vegetables. We have a local fisherman here who comes around when he has fish to sell. Sometimes he has lobster and crab, sometimes other fish. Whatever he has in the net that day, it is $20. He might have 10 lobsters one day, or 5 lobsters and 2 crabs, or 6 fish and 7 lobsters and 5 crabs; itâs different all the time. The only thing that remains the same is the $20. If you try to bargain and want only 2...
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How to: Opening a Bank Account in Panama
Itâs a fantastic feeling to touch down in a foreign country and know that you donât need to deal with the hassle and confusion of converting currency. Step off the plane, open your wallet, and go! While itâs easy for North Americans to make the initial financial transition into Panama, opening a bank account in Panama is a little more logistically complicated. Almost all banks require the following: 3 monthsâ bank statements from a personal account in your home country, a copy of every page of your passport, and personal references to vouch for your credit history and personal...
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Quality of Life, Having Less and Doing More
1 year into my expat life and I look forward to downsizing. In fact this year we rented a 1 bedroom apartment across the street from the ocean FOR $400 a month. Itâs a far cry from what I thought I wanted when I first visited Panama. SEE BOCAS DEL TORO RENTALS Then, I wanted a spacious upscale home with a yard so I could plant strawberries and lots of flowers. I wanted a wrap around deck and community amenities that only a gated community could provide. So I bought a house that had all these things, plus was...
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What We’re Grateful About
We were hit hard by the recession. We took huge financial blows in the US. In spite of everything we tried, the situation did not improve. It was time for a major adjustment. Our solution was to reinvent ourselves in Panama and now things look much brighter.
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