Episode Details

Today's guest on the Expat Money Show is, well Mikkel Thorup. Who better to talk about the Expat life and How to Move to Panama, than someone who has lived and worked in 9 countries over the last 21 years, and who moved his family 2 years ago to Panama? In today's episode, Mikkel will talk about all of the things you might be thinking of when trying to decide if Panama is the right choice for you. .

WHAT WE DISCUSSED IN THIS INTERVIEW:

• Mikkel's story about moving to Panama
• Why did he move here?
• Facts about the country
• Cost of living in Panama
• Standard of living
• Medical facilities
• International Insurance
• Tax
• “Free Trade Zones” In Panama
• Banking and Financial sector
• Residency
• Lockdowns
• Mikkel's opinion of Panama
• Popular places to live
• Learning Spanish
• and more!

 

HOW TO FIND MIKKEL'S WORK

• Feel free to reach out to me here if you want to move forward with your visa and come to Panama, I will do my best to help!
• Please, continue this conversation at ExpatMoneyForum.com

 

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CONCLUSION

If you are looking for a backup residency, Panama is a good option because it is affordable and you only need to visit the country one day every two years. It's a tropical country, with warm weather all year round. Taxes are almost nonexistent, no standing military, lots of expats, lots of freedom (outside of covid), a high standard of living, and a cosmopolitan lifestyle. These are just some of the reasons Panama might be a good option for you, listen in to the episode for everything you will need to know to make it a reality.  

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