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Panama: Semi-Retired Exec plans near-term move to Panama City:
@drrick: What area of Panama? Also, and don't take offense and it is not intended to offend but, you state you are an Exec (which I take as an Executive or "upper management/CEO/CFO/COO" from a corporation), yet you also state that your sole income is from Social Security. In my world, those two things do not run together as every executive that I have ever known has retired with WAY more income than SS. With that said, what are you planning on teaching and do you have a work permit for working Panama?
GD69
Panama: cable onda satellite:
@outsidecleanupset: We have it and have not a had any issues.
Panama: Non-US residents, visitors/tourists, etc........any problems at the borders?:
@expatpanama2016: Stay in Canada you jerk! This forum is for friendly and helpful dialog. Calling our elected President a retarded donkey and even mentioning Hilter just shows that you are the back side of said donkey. Any further comment to you would be a waste of time and energy.
GD69
Panama: Does carne de residente permanente have expiration date?:
@Stanley: This is not true, at least not in my case. My cedula (received under the Friendly Nations) expires in 10 years from the date of issuance. That is, THE CARD, expires. Just like my US drivers license and US passport expire on a certain date. You are still a Permanent Resident, you just need to get a new card (and picture) in 10 years. It makes sense as people change as they get older, skinnier, heavier and so on.
So in short, no worries. Just know that in a decade, you will have to get a new picture taken for your cedula.
Later,
GD69
Panama: Toe in water:
@Cegwilson: Like stgibson mentioned, Coronado is (can be) more expensive that other areas. However, it is all relative. For me, I like Coronado because almost everything is right there (banks, 3 supermarkets, new well staffed/equipped clinic, malls, food places, expats, locals, beach, better security...). You will pay for that convenience, but FOR ME it is worth it.
Also, it is smack dab in the middle of the Arco Seco (Dry Arch), which means you get WAY less rain the other areas during the wet season.
Being 1 1/4 hours from PC, I can get there if need be (for immigration, meetings with business people, nightlife and the airport).
What you need to do, like what I did, is write down what is important to you (in order from MUST HAVES to I WOULD LIKE TO HAVE) and then come on down and explore. Set a realistic budget and then add 20%.
One's perfect destination could be another hell on earth.
Best of luck on your journey.
GD69
Nicaragua: Employing Domestic Help:
@Snbd9: For the laws, I would ask your attorney for that information. Here is what I do know first hand. Before you take possession of the property, have the current owner pay the people in full, have them sign a statement that they have been paid in full and nothing else is due. Then, have the current owner FIRE them. Once you close on the property and now YOU are the new owner, then you can hire those people under your contract. You also are starting from scratch (zero owed to them) as they did not come "with" the property. Be VERY careful with this. You need to watch you 6 O'Clock at all times. Have anything they sign (contract, roles and responsibilities, schedules..) written by your Nica attorney. Have the attorney give you two copies and have the caregiver(s) sign both copies. You keep one, they keep the other.
Also, make sure they sign a "time sheet" and a weekly "pay sheet". This will prove that you paid them and everything is above board. Paperwork, paperwork, paperwork...BUT...it will keep you honest in the event they complain to the authorities.
Lastly, always make sure that they know you are not wealthy and that you do not keep a lot of cash in the house. On pay day, make sure that they know you have to pay them at the end of the day because you have to make a "bank run".
Congrats on your property.
GD69
Nicaragua: Land purchase advice:
What does your attorney say? Personally, I do not put anything down until closing. I also make sure everything is done by my attorney, who is very trustworthy.
Panama: Panama More Expensive Than I thought!:
@Lisa: What is your estimated budget? Also, you are looking into the areas that are much pricier. Still, those prices are not what they are in some areas of the US, California / Florida / New York.
Anyway, it is best to be on the ground shopping around with MANY real estate agents. There is no MLS and each agent has their "own" listings. Educate your self and look at everything on a cost sq. m. basis. Location and quality of construction is something to be strongly considered.
Good luck.
Nicaragua: APOLOGY:
@miss: There is no need to post an apology. You have you opinions and that is your right. I agree with RickT in that many are thin skinned. I think everyone should do as they want to live, however, do so in a way that allows other to also live how they want to live. My biggest offense seemed to be the gross generalization of people whom live in a gate community. Nuff said.
Please continue to post as this site is very helpful.
GD69
Nicaragua: let's not spoil Nicaragua:
@miss: Have you been to Nica lately? You scorn the expats (Americans) who build their "compounds" and live in it in fear...nothing but BS. Here is the truth at least for my community, which is a secure gated community. Our community has BUILT and it owners help fund a library, computer learning center, after school place for the local children, vocational classes and oh yeah, a full size health clinic with an ambulance and stocked pharmacy. This single community is responsible for more than 800+ DIRECT, well paying jobs with SS and full benefits. Plus, the owners employ additional employees and this has spurred more ancillary jobs. What have YOU done for Nica?
If you want to move to Nica and live like a local, go ahead. Enjoy the simple life. However, do not dare criticize others whom have more money than you and choose to live in a nice house (built by quality Nica labor) and in a gated community with full ammineties. It is not out of fear, it is out of choice you idiot.
Lastly, while I am not fluent in Spanish. I do very well talking to people in Spanish. I am still learning and I may get the tenses wrong sometimes, but at least I am trying. All of my friends in Nica are also semi-fluent or are talking Spanish classes.
Know you facts before you spot off with such generalized bable next time.
Stay in Canada!
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