Summary:  With a privileged location in the Heart of the Americas, and low cost of life, Panama is the ideal destination for retirees seeking to enjoy and relax in a place where the tropical climate is as nice as the warmth of its people.  But, what if you have an enterprising spirit and still have the energy to keep working?  Panama is a land brimming with opportunities for everyone with an entrepreneurial vision.  Read on to learn more about how you can live your dreams in Panama.

Every day, you watch the news about how "Joe Blow", moved to Latin America and overnight built a hotel empire, or made a fortune in real estate, etc.  You also see how everybody is moving to Latin America when the time comes to retire, because of the low cost of living and everything the region has to offer.    But I have two questions for you:

Do you really want to be a millionaire?
Are you ready for retiring? (Quitting your dreams, I mean)

If you are like me, and you are not in the least interested in becoming a millionaire (because you save yourself countless problems; if you don’t believe me, just ask Donald Trump or Bill Gates), but you do want to live comfortably and you still feel that you are a productive individual, that you have the drive and now you have all the time in the world (you are not subject to schedules), WHY NOT DEVOTE YOURSELF TO WHAT YOU ALWAYS WANTED TO DO?

Fact is, all of those “millionaires” need service providers to keep their businesses running. Coming to terms with the idea that “the beach bar of our dreams” already exists in all corners of both the Caribbean and Pacific coasts, why not become a construction contractor? Panama needs a MANAGERIAL mentality regarding the provision of these kinds of services, since unfortunately there are not many reliable and responsible suppliers.   But it should be remarked that qualified manpower of the highest quality does exist.

Do you have any idea of how much manpower is needed for the more than 150 urban projects under development at present in Panama? Do you know how much manpower exists in Panama, but is not productive because of poor leadership? This is your chance, building your own business. Remember how many times you thought while you were at your desk… “If I were the owner/boss, I would do things this way…”  Well, now is the time!

On the other hand, let’s suppose now that you are tired of the city, of the “rat race”. Do you know how many acres of land have been bought in Panama in the past five years, just for building houses and that no one is buying the lands with farming value? Did you know that a pound of Boquete organic coffee sells for US$20 and even US$30 in the markets of Europe and Japan?

Panama gives you everything you need to make it:

- Very low cost of life, because with less than US$1,000 two people can live comfortably and even have a maid to handle cleaning and cooking (not including a house mortgage or car payments).
- People willing to pay premium U.S. prices for a job WELL DONE, responsibly executed and guaranteed.

Panama is the ideal place for retiring, but it also allows for the opportunity to continue working, doing what you have always wanted to do.   If you are looking to start up that business, or maybe purchase that farm… Contact us.

Luis Hoquee
Fraguela-Ruíz, Hoquee & Asociados