More Than Just A Plan B
June 23, 2014, Azuero Coast, Panama: Panama is increasingly sought out as land of business, investment, and lifestyle opportunity.
Dear Live and Invest Overseas Reader,
Around the cantina lunch table this past sunny Saturday afternoon we were Americans, British, Irish, Russians, South Africans, and a Trinidadian. We were in Panama, all of us, in search of opportunity—business, investment, employment, and lifestyle.
"My wife and I have been looking for a Plan B," the gentleman from South Africa sitting next to me explained. "We considered Australia, where many South Africans are migrating, but it's not easy to get full-time residency in that country, especially after age 45.
"Then we read about Panama. It sounded like a place offering a lot of opportunity right now, so I decided to come have a look. I have been here for one week, and I am impressed. There is so much to be done here, so much on offer. There are many growing markets in Panama City, especially, in need of many more services, I think.
"I have been able to organize my temporary residency already. I'm going to return home, tell my wife about my experiences and my impressions, and then come back with her so she can apply for her residency, too.
"This started out as a Plan B," the gentleman continued, "but now I'm thinking it could be much more than that for us..."