Retirement Detectives

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AARP picks Panama # 3 place to retire

 

AARP The Magazine Travels the Globe to Reveal the Top 5 Best Places to Retire Abroad

Experts in celebrating the next chapter in life, AARP The Magazine traveled the globe to discover the ultimate retirement destinations abroad. Factoring climate, expat community, cost of living, housing, health care, access to the U.S. and culture and leisure, AARP The Magazine reveals the top five locales in its September/October issue, available in homes and online today.

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Panama's economy growing

 Panama's economy grew 4.9% in the first quarter of 2010


The National Institute of Statistics and Census (INEC) recently published an economic growth in Panama of 4.9% in the first quarter of 2010.

 

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Mosquitos and copper ion pool party in Panama

 Two questions; one about mosquitos and the other about how the copper ion system worked during our pool party came in this morning. Roberto

 

Hi Roberto,

Thanks for the update. As to the mosquitos. I am bless with them not liking my blood but my wife gets enough of them for all of us. I was interested in general as to the amount of the buggers that are there. I mean being tropical, they are everywhere, but do you have to add coupious amounts of repellent to survive at night or are some areas better than others.Yours for example.

I am a fluids engineer for oil companies so I know what you mean about pH factors. This Ion Egg thing sounds too good to be true but now that I have an adventurer into it, I am interested to see how all the systems work out.

As always appreciate the info.
Good luck with the POOL GALA.
Steve
 

My response:

 

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Canada to relax rules on secret offshore accounts

 CRA to relax rules for confessing
secret accounts

GREG McARTHUR
Thursday, July 15 2010

Tax collectors are set to relax the rules for confessing secret, offshore accounts, a move heralded by tax
lawyers as pragmatic and decried by critics as unfair to ordinary Canadians who have no choice about
reporting their income.
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Can I start a business in Panama?

This e-mail just came in. I suggest clicking on the section you are interested in - in this case Panama - and check what articles are already written on the topic. Roberto

Hi Roberto,

Are the prices you mention in your articles in US$ or CAD?  I am Canadian (live in Victoria, BC).  My husband and I are seriously considering moving to Panama in the next couple of years, but would like to start looking at property to buy starting in September.  We hope to visit Panama hopefully last week of September.  Also, how easy is it to do business as expat in Panama?  For e.g. can I open a retail store, or an ice-cream stall as an expat?  Thanks.

 

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Questions about living in Panama

 This series of questions just came in on the site - i will answer as best as I can. Roberto 

Hi Roberto,

I guess you consider Santa Clara the place to live in Panama. I have read
about every place but this area so I guess it may be the one place to live.
I was looking at the prices of some of the developments & they seem high for
Panama. From the look of your photos I gather you are in the country. 
I have a few more questions if you don't mind.

How much land do you have & Do you have close neighbors? 
Are the health insurance & hospitals as good as described.
Do you need Air Con & heating.
Once you own your home can you live comfortably on $2000 USD a month,
Really? I'm not talking canned beans but nice living with all the everyday
frills. Going out, internet, pool etc.

Look forward to hearing from you. Steve

My response:

 

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Tourism increasing in Panama

 Tourism up 6.3% in the first five months of 2010


Tourism figures for the month of May indicate an increase in tourist arrivals to the country by 20.7 %. The Panama Tourism Authority (ATP) reports that the industry has grown at 6.3% during the first five months of 2010. During May, counting all the ports of entry to the country, some 105,801 visitors entered Panama, an increase of 18,119 compared to 2009.
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Where to stay in Panama City

$60/night in the heart of Panama City, breakfast included!

     http://www.vrbo.com/254085

This was sent in by a reader who has booked a week in September. I have not been inside this building, but it is in a great area, right next to the Marriott Hotel, and near one of my favorite restaurants in Panama - Beruit Restaurant (Lebanese food).

The Marriott is $300 a night - this place is $60 - and includes breakfast! 1 or 2 bedrooms available. The reviews were excellent - and the photos look good - (400 thread count Egyptian cotton sheets).

I will report back after our reader stays there and gives her review. (Thanks Gretchen). Roberto

PS: Tell them Roberto Chocolaté sent you!

 

Panama misidentified in Southern Pulse article

Southern Pulse, an online newsletter which up until now had been a fairly reliable news source, mistakenly identified Panama as the location of an arrest of a 23 year old man carrying a cooler full of explosives and suggested there had been five bus bombings here since January. 

I had heard nothing of explosions on public buses, and double-checked with both Newsroom Panama and The Panama News.

No such attacks have occurred in Panama, and the name of the Minister of the Interior was also incorrect.

It appears the online newsletter has confused Panama with Guatemala. Hopefully a correction will be made. Roberto

Editors Note: I have spoken to the founding editor and yes, a mistake was made. It has been corrected on the newsletter site.

Roberto Chocoaté, your very own Retirement Detective who caught and investigated the error has been invited to become a Southern Pulse correspondant for Panama.

This week, David Young, Founding Editor of Newsroom Panama asked Roberto Chocolaté to begin writing a travel column for the online newsletter. The new column will begin once Roberto returns from a month-long trip back to Ontario. 

 

 

Installing a copper ion system

 Installing a copper ion and ozone system is easy. Here's how it is done.

 

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