(Globe and Mail) Part of a growing trend of retirees searching for more exotic and less expensive lifestyles, the tiny isthmus nation of Panama has become a magnet destination for North American boomers. But the reason their property values are once again on the increase has less to do with the lures of leisure than with that country’s vibrant business economy, one ranked by … [Read more...]
Pedestrian and bike signs in Panama – Respetelo!
(Greatergreaterwashington.org) Panama's capital, Panama City, lacks pedestrian and bicycle infrastructure, but the country has some pretty amusing signage. For example, there's this "pedestrian" sign. Perhaps we should all be aware of bootylicious robots. All photos by the author. My personal favorite was this jogger sign. If a jogger ran past me with that physique, I … [Read more...]
Spending a day in Panama City, Panama
Often I hear that people have either stayed in Panama City and not made it out to see the beaches (shocking I know), or the exact opposite – people come to enjoy the Pacific beach life in Panama for a couple of weeks and don’t make it into the city. Beautiful Casco Antigua This week I was asked to spend a day in the city with some clients, who as often happens, have … [Read more...]
The Foreign Earned Income Exclusion (FEIE) Basics
(Live and Invest Overseas) Moving overseas may lighten your tax burden. Here are some basics you should know about the Foreign Earned Income Exclusion. The Foreign Earned Income Exclusion (FEIE) is the expat's first, and sometimes only, line of defense against the IRS. It allows you to eliminate up to US$97,600 in salary from your U.S. taxable income in 2013 and can provide … [Read more...]
Panama City 13 years after Canal’s return
(Bend Bulletin) Traffic into Panama City was flowing for once, so Miguel Fabrega had only a moment to point out the crumbling ruins in the distance. They were the remains of a 16th-century New Spanish settlement that the British privateer Sir Henry Morgan eventually sacked in 1671. Ahead of us rose Old Panama’s modern replacement: a forest of green, blue and yellow glass … [Read more...]