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9 years ago

13 things the Offshore Gurus Will NOT Tell You About Panama

9 years ago
Ask 100 expats what their life is like in Panama, you will get 100 different answers. Their perspective depends on where they live, how patient they are, and how much they have attempted to accept Panama for what it is… a developing country.

When you read offshore publications about Panama you’d think the whole country is a “Paradise”. The distant photos of down town Panama City look like any first world metropolis. But walk the streets or drive around the country and you will quickly notice that it is not as developed as the USA, Canada or Europe.

With its beautiful skyscrapers, new subway system, and Trump Tower, Panama City is certainly impressive. Some areas are very modern with underground utilities. But that is not the way it is in most of Panama City – or Panama in general.

Many people say Panama is like the USA was in the 1960s but with cell phones, internet and flat screen TVs. I grew up in the 60s and have fond memories of what life was like then. Panama does offer a simple life where young children can walk all over town safely and family values still exist.

But it is not all paradise. Here are 13 things you won’t read about in in the sugar-coated publications about moving to Panama:

(1) Don’t assume you will have hot water at every house or at every faucet in the house. Some houses only have warm water at the shower.
Be careful to check out the hot water situation before you decide to rent or buy. You should not rent a house without seeing it first.

(2) Internet speed is not the same throughout the country or even on the same street. If you are lucky enough to live in an area serviced by Cable Onda, you can get up to 15 mgps for about $50 a month. If you can’t get Cable Onda, you will be forced to use MobileNet or Planet Telecom where 2 mgps will cost you $125 per month and you will pay a whopping $250 for 4 mgps. Cable Onda is available 1 mile from my house but I’m stuck with paying the higher prices for less speed.

read the rest of the article at
http://panamarelocationtours.com/13-things-the-offshore-gurus-will-not-tell-you-about-panama

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