14 Reasons NOT to retire to Panama! Don't live in Panama!

14 Reasons NOT to retire to Panama! Don't live in Panama! Here are some of the reasons to consider, if you're thinking of moving to Panama. Yes, some points apply to all countries but let's just focus on one place, Panama and how your life may be affected by some of these points mentioned.
Watch the reasons to NOT retire to Panama and tell me what you think!

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DISCLAIMER: I AM NOT A FINANCIAL ADVISER AND I DO NOT CHARGE ANYONE FOR THESE YOUTUBE VIDEOS. THESE TYPES OF VIDEOS ARE BASED UPON MY OPINION ONLY. YOU ARE RESPONSIBLE FOR YOUR OWN TRADING AND INVESTMENT ACTIVITIES. I SPEAK ABOUT CRYPTOCURRENCIES, TOKENS, PRECIOUS METALS, AND OTHER "MARKETS".

[Patricia-Margaret]

I watch several YouTube videos on how to trade in the stock market but haven't made any head start because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands..

[RobyKaufman]

The rain schedule was actually one of my favorite parts of being in Panama. Cash is king in a large number of countries. I agree most of these items are global. I liked it when I was down there as a younger man and look forward to retiring there sometime soon.

[gabrielricci]

I did a dry run multi month visit to Panama, and did not experience most of the points stated in this video. My internet was excellent and It cost me $18 and my land lord also paid the same as we shared the cost. Cash for payment is true in smaller shops. Regarding ATM, sign up with Schwab bank and they will pay your fees. Regarding rain, the rainy season is from April to November, and the amount of rain you get depends on where you live. For example, I lived, by choice on the Aezuro Peninsula and it has the least rain of all of Panama, and always has low humidity. We have have lived in SE Asia for some years and the temperatures were never a problems for us when we lived in Panama. We never used AC in SE Asia or Panama. However, many Americans to find it hot and use their AC. I find that to be crazy, because one can adapt to the heat by using only fans without a problem. Give yourself some time to adapt. Also, temperature changes one degree for every thousand feet in altitude depending where you live. Panama is one of the most diverse countries in the world, thus offering many options for life choice. Mountain towns are like endless spring, but to cold for us. We never experienced anything about the Panama culture to annoy us. In fact we found the people very helpful and peaceful. In all our time in Panama, we never, never had one problem with bugs in our home. In fact, I can not even remember seeing any bugs during our stay there. Regarding crosswalks and sidewalks. We commonly experienced drivers slowing down well before the cross walk because they could see us approaching and would stop and wave us across. I know this is hard to believe, endeared us to Panamanians. Condition of the sidewalks varied. Mostly in the areas we walked the footpaths were excellent. Sometime would would be in an area that had not sidewalk and little traffic. As far as general traffic the town we lived in, Chitre, was pretty relaxed and nothing like you would find in the USA or Asia. Panama City has its rush hour and traffic jams can occur. We chose Chitre because it was so, so easy to live in and the kindness and helpfulness of the people was exceptional. I had watched this video over a year ago and almost changed my mind on Panama residency, but decided give it a try. Also, this video is contra to the dozens and dozens of other videos I have since watched.

[douglaskbrown]

Thank you. I liked your presentation and information. I'm still thinking of living there!

[dennisaustin]

One of the best countries I ever visited while in the Army. Down time was extremely fun and lively; also travel is easy: Taxi, Bus and train. The people were friendly before and after the War; even got to meet Roberto Duran. Outdoor sports is great SCUBA, Snorkling, fishing, Surfing and tours. The lazy-carefree atmosphere. I will agree that God made everything that kill you, bite you or sting you was put there. I also remember most people due tend to try and speak English except for the Interior where Spanish is a must. The food was exceptionally great too and a lot of road side stands and stalls.

[bartoszdobroslaw]

Great stocks and I just bought in on them, but I'm interested in making short term profit, let say turn a $150K to $500k in 6months, I'd appreciate tips on how what stocks to buy to make this much profit.

[discoverglobeliving]

Interesting insights! Panama seems to have its challenges for retirees. Appreciate the heads-up. It's crucial to weigh all options before making big decisions.

[lunchbox]

Exercise, music, martial arts, and learning new things. Fill your rime with things that donnot cost a fortune.

[davidsheriff]

Panama is a great country with 15% discount on everything for pensioners, tranport and health care is optimum.

[pvmoore]

Why are people shocked the video is NEGATIVE? The content is INTENDED to cause one to consider differences between life in Panama and presumably western culture. For as many as will say these topics are not important, ... do you know how many westerners I have encountered all over the world that simply cannot stop bitching and complaining about everything from the food to the weather to the internet to the brand of toothpaste!!! Lol! Some of the most whining, crying, entitled, complaining divas imaginable!!! They shouldn't be allowed a passport! Lol!

Just review the points in the video. Scratch those that do not concern you or that you disagree with. Perform due diligence on those that do, ... and MOVE ON!

[britgerusGlenn]

Greatly appreciated, despite what some others have said, some extremely helpful info 👍🏻 n I've been living all over the world since 1978, having spent time in well over 100 countries...
Many thx

[EduardoGonzalez-nkwo]

If you do not want bugs, parties and humidity ...you can retire in Alaska!

[dnpodcast]

Thank you for the valuable information.

[eddieonthegotravel]

A friend who lives in Medellin uploaded a video yesterday saying that drivers in Panamá City do stop for pedestrians.

[jamesseagroves]

I am an American raised in panama, they call me eddy, have many relatives in panama, though it's been yrs for me, it's still my preferred place to live, I has much untold beauty, and reason to live their. Like every were, there good things and bad, but the good things out way th bad, if I had to choose... 😢I miss panama, their aught to b a son:::: I'm going back some day, come what may, to blue by panama. Beleave me I know, I spent 20 years in panama, wishing I never left, maybe someday I'll get tooo

[splocal]

You mentioned some legitimate reason why relocating is hard. Although some of the reasons you list are not specific to Panama they are general reason relocating is hard. I moved to Hawaii a decade ago. Making new friends takes time. You will always miss family if you had a good family that you love. Cost of living was high compared to other locations. Although they speak English it is a different culture and pigeon is still spoken often. So I can say you do list some valid issues specific to say South / Central America. However with Starlink for internet you can now get highspeed internet almost anywhere in the world. I guess what I am saying is relocating is always tough at first and takes some time to adapt. You will find you miss friends, you miss familiarity, you miss some things you could do at your old location you can’t do now. My view is life is short, take a chance, you may not know until you go if it’s right for you. Keep an open mind embrace what your new location has to offer. If it doesn’t work out try another place or go back home. In the end life is about experiences some good some not so pleasant but all make you a better more rounded person. I’m not in Hawaii anymore I miss it. I wouldn’t trade that experience but now I am in a new location new experience new opportunity to learn grow meet new people and make new memories.

[dennisaustin]

I also forgot the local beer-(Balboa-kind of like PBR or Schlitz) and alcohol takes some getting use to also; great for cigar officandos too

[rudymcfarlane]

You can always find 14 reasons not to live in any country.

[thenubianspeaks]

The only thing that concerns me out of all of these. is the "spiders in your bed". that is questionable and see seems like an exaggeration, but I will definitely ask around. I heard that crecos can be a problem. It seems if people have been seeing spiders in their beds that would be something that they mentioned in the scores of videos I have watched.

[noreenperez]

In my opinion, don’t retire anywhere, al country have their pro and con in most situation🙄