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Panama’s Counter-Development

Wednesday, 24 August 2011 15:50
Written by Matt Landau
The Panama Report

Marvin orders a café con leche and a chicken empanada. We are sitting at Boulevard Café in Panama City amongst a surprisingly large lot of other full-bodied men who look just like him. They all wear suits, have drivers waiting outside, and speak in loud, demonstrative terms. They are all exactly like Marvin except I can pretty much guarantee none of them are explaining how it feels to be part of a weird country—with freakish growth—that has somehow become one of the world’s most gossiped-about destinations.3673805206 6316ae1bb3 Panamas Counter Development   The Boquete Times   Boquete   Panama

Panama has done what all great countries are eventually supposed to do: they have reinvented the tropics.

“Panama’s in a bizarre spot right now,” Marvin tells me. “To be honest, I have a hard time believing all these people come here to invest and go on vacation. I have a hard time believing all the towers and the malls and the international flights and the banks. As the years go by, I start asking myself, ‘What are we getting from all this?’ You have to wonder where the true Panama went. Is all this so-called progress really necessary or even valuable? The answer is I don’t know.”

Marvin is, without a doubt, the smartest Panamanian (and probably one of the smartest non-Panamanians) that I know closely enough to comfortably answer my cell phone while we are hanging out. He makes his living as a political consultant (whatever exactly that means) and he meets regularly with the country’s most influential figures (whatever that means) consulting them on what is good (whatever that means). Marvin is large, articulate, and smelling vaguely of shaving cream. Marvin’s name is, of course, not Marvin. (I have found that these kinds of guys are much more revealing under conditions of anonymity so I request to give him an alias. Marvin happened to be the name of our waiter.)

As we talk, Marvin speaks in full, confident sentences, occasionally lowering his voice, leaning in, and sharing controversial messages, which the politicians around us – the same ones he greeted upon walking in – probably shouldn’t hear. Marvin is unique in this country because he’s something of a closet-conspirator. This is why I like him and why a lot of people don’t.

Marvin – Panamanian-born and US-educated – thinks that if you ignored Panama’s canal, the country would be nothing more than a novelty act: it has all these real estate projects that no one lives in, explicit corruption, no sense of the past, plenty of malls, and its built its public persona around a fabricated premise (it claims to be “where the world meets,” but the world doesn’t meet there. “The world meets in London and New York and Hong Kong.”) The last thing you do is base your branding on delusional positioning, but what concerns Marvin most is the false sense of success brought about by cranes and hard hats. He believes that the effects of hyper development could be ruining Panama not only because debt is piling up: but the country is simply not equipped to handle this kind of influx.

“The last ten years have been filled with projects. Projects, projects, projects. People interpret this stuff as good when they see the economy “growing” and metro stations being built. Panama has become obsessed with progress, so now you have all these evolution-fools who want to turn the place into the new Miami. But we cannot win that race. That wasn’t the idea.”

Marvin’s argument could easily be construed as regressive or closed-minded or maybe even hippie. But what Marvin won’t argue, and that which we pretty much all agree upon, is that Panama represents a breed (cosmopolitanish) from a specific place (the tropics), and it’s packaged within a deliberate mix of unrealistic promises and severely undersold natural resources. Panama has done what all great countries are eventually supposed to do: they have reinvented themselves.

The world is full of sunny, consciously cheesy destinations all vying for the same type of consumer. But Panama remains the most conflicted of media sweethearts: unlike the rest of the competition, they have a legitimate infrastructure, a relatively blank canvas, and a tradition that makes the Canal a concept as much as it is a waterway. But what really makes Panama the biggest little country since Kazakhstan is more difficult to explain: people see something in its progress that’s so confounding it almost seems clear.

According to Marvin, what they’re seeing is decline (or at least, Marvin’s version of it).

“I grew up in the 50s and 60s and Panama didn’t have any of this stuff back then. I’m not saying that progress isn’t good, but it’s a certain type of progress that’s best. It’s an order of progress that is necessary. Which comes first? The car or the horse?”

“Cart,” I say.

“What?”

“The word you wanted was cart. The cart or the horse.”

Marvin doesn’t even hear my correction because he is standing up to warmly greet a small posse of businessmen who are all dressed super smart. I would later learn that these men represented the top management of a construction conglomerate in charge of the President’s new proposed Cinta Costera Phase 3, which would destructively wrap a highway around the historic peninsula of Casco Viejo. It’s this type of weird moment that makes Panama so confusing yet so compelling.

In and of itself, it’s not so strange that a Panama purist hugged the reps from a company actively trying to renovate his country. But this small gesture emphasizes Panama more than words ever could. Everything has a price tag. Image means a whole lot. And in order to beat them, you have to join them and simply wait until no one’s looking.

Top 5 Boquete Day Trips

Friday, 24 December 2010 10:58
Written by Matt Landau
The Panama Report

Coffee tasting, bodyboarding, snorkeling, and picnics in the sun…

Boquete is a mountain town known for its natural beauty, perfect climate, abundant wildlife and adventure, delicious coffee and great people. But did you know that Boquete is also the perfect home base to explore the province of Chiriqui?

“Boquete has so many things going for it, plus, it’s the perfect home base to explore Chiriqui,” according to Jay Thomas of Boquete Garden Inn Hotel, one of the top rated Boquete hotels and B&Bs. “Whether it’s a day trip to the beaches or mountains, Boquete is the ideal place to return to after a day out. We have some of the best hotels and restaurants, great nightlife and fresh, cool mountain air that’s perfect for a good nights’ sleep.”

Explore on your own or via Explora Ya Panama Eco-Tours & Adventure Travel, an agency that regularly provides day trips from Boquete to a number of great destinations within Chiriqui. “People love coming to Boquete because they have the best of both worlds – the beauty of the mountains and small town charm  combined with modern city infrastructure,” says Julio Santmaria, Explora Ya. “Plus, we’ve got Pacific beaches just a little over an hour away.”

So, where to go? The Top Five Day Trips from Boquete (all under 2 hours away!)

1. Las Lajas: In this beautiful 22 km stretch of beach, you shouldn’t have any trouble finding a nice spot to enjoy the day. With majestic palms lining the coast, the waves are peppy but safe–perfect for bodyboarding. You can visit the public beach or access the ocean from Las Lajas Beach Resort (for a $10 fee per person). While you’re there, you can grab a bite to eat at the resort, or try the wiener schnitzel at El Mundo Bar. (Drive time from Boquete: approx. 1 hour and 45 minutes)

2. Volcan/Cerro Punta: Two picturesque mountain towns on the other side of Volcan Baru. With rolling green hills dotted with little cottages, this side of the mountain almost has a Swiss feel– a very different landscape than Boquete. Visit Arte Cruz (an artist who works in wood), see hieroglyphics, visit Finca Dracula and Finca Haras Cerro Punta (where they raise thoroughbred race horses), buy some homemade mango, strawberry or maracuya wine from a roadside stand and be sure to have your camera handy. (Drive time from Boquete: between 1.5 – 2 hours, depending on which route you take).

3. Boca Chica, with tour of the Chiriqui Gulf’ islands: Another Pacific coast adventure just a stone’s throw from Boquete. Take a boat tour from Boca Chica and explore the islands of Chiriqui’s Gulf National Marine Park. Some of the most stunning white sand beaches and turquoise waters you will find in Panama’s Pacific coast. Snorkel, swim, relax on the beach or head inland for a hike and see if you can spot howler monkeys at Isla Palenque. The Islands of Gamez and Bolaños are popular destinations or if you want something a bit closer to Boca Chica, to San José Island is your best bet. (Travel time from Boquete: 1.5 hours to Boca Chica + up to 1 hour to reach the islands)

4. Cangilones de Gualaca: The river has carved a beautiful gorge into solid rock, creating the perfect fresh water swimming hole. Bring a picnic, sun yourself on the rocks that surround the water and cool off with a refreshing dip. (Travel time from Boquete: 45 minutes)

5. Playa Barqueta/Las Olas: Another great Pacific beach close to Boquete. Visit the public beach and get some fresh fried fish or shrimp. Or, visit Las Olas resort for lunch and swim in their pool, with use of their fitness facilities, sauna, tennis court and beach huts for $10 (April 22 – October 31) or $20 (November 1 – April 21). (Travel time from Boquete: 1 hour 30 minutes)

Try one or all of these day trips and return every day to the comfort of a great hotel in Boquete. For more information about all things you can do without leaving Boquete, click here.

How to…protect Panama investments from problems

Sunday, November 07, 2010
Written by Catherine Deshayes
The Move Channel

Following some simple rules can prevent you from making costly mistakes down the line – read our guide to doing business in Panama with your eyes open…

Panama is a great place to live and work. In recent years Panama has been growing in popularity among investors, expatriates and retirees alike.

Recently popular online publication “International Living” rated it as the No. 1 place to retire in the world, and for good reasons. Panama’s prospects for economic growth  are strong amidst global economic meltdown, showing positive growth of 2.3% in 2009 and this economic expansion is expected to continue in 2010 and beyond.

This is mainly due to substantial growth in the financial and construction sectors, tourism and the commercial expectations placed on the ongoing expansion of the Canal, which connects the Pacific and Atlantic Oceans creating a natural hub for business between North and South America as well as between Asia and Europe with direct maritime access to over 80 countries and 3.5 billion people.

Panama’s dollar-based economy offers low inflation  and zero foreign exchange risk. Its legal and regulatory regimes are business friendly. Its government is stable, democratic, and reform minded and actively seeks foreign investment in all sectors, especially services, tourism and retirement properties.

Panama’s current and planned public investment in productive infrastructure is one of the highest in the region and is on par with East Asian economies, including the planned construction of a subway in Panama City. These factors are expected to contribute to lowering unemployment rates to 4.8% and 4.6% in 2011 and 2012 respectively.

Its banking sector currently comprises of more than 80 foreign banks, providing full banking services through ATM cards, Visa credit cards, cheque books, Internet banking and Visa debit cards.

The first two banks opened its doors in 1904, one was called the International Bank Corporation is today’s Citibank, part of Citigroup, the biggest financial conglomerate in the world and the second one was the Banco Nacional de Panama. The banks of Panama are strictly supervised and licensed by the Superintendency of Banks (Superintendencia de Bancos de Panamá), Panama’s regulatory authority. At present, Panama is reported to have the most upgraded banking system in the world.

Panama offers a higher quality of living at a lower cost and with less crime than typical Central American destinations, although Panama City is rapidly getting to world pricing. Panama has a wealth of variety to offer whether it is beaches, lakes, mountains or the countryside and prices for real estate purchases with a range of choices for practically any budget.

The Colon Free Zone, the second largest in the world after Hong Kong, is a vital trading and transshipment center serving the region and the world. Panama has no restrictions on the outflow of capital or outward direct investment. Its accession to the World Trade Organization  in mid-1997 opened up trade and lowered tariffs.

According to Panama’s constitution, nationals and foreigners are treated equally under the law. Both Panamanian and foreign companies must fulfill the same basic requirements to organize and operate most types of business activities in Panama. There are restrictions on foreigners participating in retail trade and practicing certain professions. In practice, however, there are legal ways to overcome these restrictions. Panama has one of the most modern and flexible corporate law  frameworks in Latin America.

Panama is an interesting and potentially profitable jurisdiction for licensing agreements and joint ventures as well as routine commercial operations for international companies.

Having listed all the good reasons to invest in Panama, the caveat is – you must be careful, so to paraphrase the famous line from the Wizard of Oz: “This ain’t exactly Delaware, Dorothy!”

Foreign investors, especially from the US and Canada, routinely drop their guard in a deceptively familiar legal environment of Panama, which is based on the Delaware Corporations Law and similar to the Wyoming Limited Liability Company  Law, but allows bearer shares and untitled real estate sales.

Panama has a court and judicial system built around a civil code, rather than the Anglo-American system of reliance upon case law  and judicial precedent. Fundamental procedural rights in civil cases  are broadly similar to those available in U.S. civil courts; however, the system can be inefficient and prone to abuse. Though the system is improving, many in the business community, both Panamanian and foreign, lack confidence in the Panamanian judicial system as an objective, independent arbiter in legal or commercial disputes, especially when the case involves powerful local figures with political influence.

In a few cases the appearance of corruption has been so widely accepted as to constitute conventional wisdom. Arbitration is always a better choice at the Center for Mediation and Arbitration established by the Panamanian Chamber of Commerce or at various European or American arbitration centers and courts.

Since Spanish is the official language in Panama, always make sure the request your transactional documents in English as translations of the Spanish documents and never sign any agreements in Spanish if you do not speak and read the language! Legal documents are not interesting reading, but it is a must for a successful investment.

The Public Register of Panama provides much transparency to the company registrations, recordings of mortgages and liens and for transfer of title to properties, however, it also prone to misuse by unscrupulous parties.

Lastly, but just as importantly, Panama has many experienced attorneys and established laws firms; however, the conflicts of interest rules and ethical standards followed by the Panama Bar are not as stringent as those in the US. Hence again, caution must be exercised. At the very least, ask the partner of the firm to warrant to you that other members of the firm are not involved in representing parties adverse to your interests and transactions and do not use affiliated entities as trustees, if the firm is representing the seller in your purchase transaction. A good local bank can be easily hired as a trustee.

Use your common sense to build a team of advisors you can trust and you will do very well in beautiful Republica de Panamá!

cc How to...protect Panama investments from problems   The Boquete Times   Boquete   Panama photo credit: joiseyshowaa

David Airport Poised For Makeover?

September 8, 2010
Editor
The Boquete Times

Accordng to Anthony & Margo Arauz over at DAV Direct, big jets are going to be roaring into Enrique Malek airport (DAV) in David, Panama in the very near future.

Apparently Copa Airlines and Air Panama are behind closed doors negotiating a strategic alliance that will open the jetways from 45 destinations outside Panama directly to Tocumen International Airport then on to either David or Bocas del Toro with a single ticket.

The following architectural renderings lend credence to all the buzz.

Sweeeet!

[mbspremium slideshow=1]

You can view Antony and Margo’s website here.

Check out more architectural renderings of the face lift here.

Experts All Agree – Panama Best Place To Retire Abroad

September 8, 2010
by Richard Eisenberg
moneywatch.com

Cheap & Exotic: 8 Great Places to Retire Abroad

Whether your inspiration is Hemingway in Paris, Kerouac in Tangiers, or some other generation of American expats, there’s something oh-so-romantic about retiring abroad. There’s also a practical consideration: A buck goes a lot farther in Costa Rica. At a time when nearly half of Americans approaching retirement age don’t have enough dollars stashed away, the best retirement planning decision you can make might be to change planes in Florida instead of settling there. More than 500,000 retirees live overseas, and the number is increasing.

To make your expat dreams a reality, however, will take a whole lot of research. The easy path is to flock to Boca with all those other snowbirds; it’s quite another thing to head off to a place where English isn’t spoken everywhere, the water may or may not be potable and SportsCenter isn’t even one of the premium channels. If you complain about Obamacare, just wait till you need to get cataract surgery in a hospital that doesn’t take Visa.

The good news is that there are scads of Web sites, media outlets, authors, and bloggers who can help guide you to the best, most affordable places. CBS MoneyWatch.com reviewed recommendations from the most prominent list makers for their best advice and favorite destinations. We’ve also put together a list of sources for further research, and explained how to use them.

Most Recommended Countries

First, the bottom line: The eight countries or regions below came up repeatedly as great, affordable places to live, based on recommendations from International Living, AARP, Forbes, U.S News, Kiplinger’s, Retiring-Overseas, and Global Post — as well as from expat Barry Golson, author of Retirement Without Borders and Gringos in Paradise.

Country Why It’s Popular Keep in Mind
Panama Currency tied to dollar; retiree discounts; some hospitals have U.S. affiliations; favorable tax treatment on earned income and new homes You may need to travel for top medical care; rural and quiet in many spots; some corruption and infrastructure issues
Ecuador Currency tied to dollar; super cheap; rated Top Retirement Haven by International Living; beaches; hiking Limited health care outside major cities; political instability; some crime pockets
Uruguay Great beaches; Montevideo rated best in Mercer’s 2009 South America Quality of Living city rankings You may want to head back to U.S. for serious medical issues; may be too quiet for urbanites
Mexico Easy to visit U.S.; many expats; good health care near big cities; can import household goods tax-free Avoid border towns due to drug cartels; expect petty crime and corruption
Costa Rica Good economy; retirement income and real estate profits are untaxed; beaches and birdwatching; lush Central Valley More expensive than other Central American countries; infrastructure is straining; Golson rates food variety a C+
France Food and culture; No. 1 in 2010 International Quality of Life Index; health care rated best by World Health Organization High taxes and maddening bureaucracy; prices high in Paris, Riviera and Provence
Argentina European vibe; low housing prices; English spoken freely; wine and tango Though inexpensive, it’s getting pricier; red tape; cold in the south
Italy Food and culture; weather; best bargains are mostly in the south Labor strikes; hot summers; big cities — and some regions aren’t cheap

Advice from Expats

Retiring to a foreign country has complications you won’t encounter when moving from Philadelphia to Phoenix. There may be bureaucratic tangles, language barriers, a lack of first-rate medical care, peculiar rules about taxes and property ownership, plus a sense of isolation. So MoneyWatch asked three Americans who retired south of the border for their best tips to make an overseas move as painless as possible:

  • Barry Golson, Sayulita, Mexico: “Visit a place two or three times before moving there. Try to stay a week or two to get the lay of the land and to talk to expats.”
  • Rich Lipner, Boquete, Panama: “Figure out in advance what you’d do if you lived in the country. Once you arrive, think of yourself as a guest in the country. They don’t have to adapt to you. You have to adapt to them.”
  • Barbara Kirkwood, San Pancho, Mexico: “Are you willing to learn a second language? I’ve been here nine years and I struggle with that. It’s also a good idea to rent a place for a while rather than buy immediately to be sure you’re comfortable there.”

How the Lists Compare

Before looking for your own Shangri-La, know this: Most “best places to retire abroad” lists are even more anecdotal than the U.S. lists. They generally reflect the views of the writer or a website’s visitors, whose idea of a great place to live might not be the same as yours. So tread carefully, especially before packing up and moving.

AARP

How it rates places: The “Best Places to Retire Abroad” list in the magazine’s September/October 2010 issue and on AARP.org was created by journalist Barry Golson. It echoes his Retirement Without Borders book’s picks, combining his statistical research with streetwise reporting, zeroing in on particular, affordable locales within selected countries.

Top picks: Mexico (Puerto Vallarta region), France (Languedoc-Roussillon region), Panama (Boquete region), Portugal (Cascais region), Italy (Le Marche region), Argentina (Buenos Aires), Belize (Corozal), Costa Rica (Central Valley), Nicaragua (Granada), and Spain (Costa del Sol).

Forbes

How it rates places: Forbes can’t quite make up its mind about choosing a place to retire abroad. Last October, its Web site published “The 10 Best Retirement Havens,” vaguely explaining that it used criteria from safety to decent medical care, though not affordability. Seven months later, Forbes.com was back with “The Best Foreign Retirement Havens” — a slideshow of a dozen countries chosen “after scrutinizing a lot of information” (including living costs) but “no precise scientific method or numerical ranking.” Since the Foreign Retirement Havens list gave a nod to costs, that’s the list MoneyWatch recommends for value hunters.

Top picks: Panama, Italy, Australia, Ireland, France, Spain, Canada, New Zealand, Uruguay, Malta, South Africa, and Ecuador.

Global Post

How it rates places: An American site featuring international news, Global Post’s “Low-Cost Retirement Destinations Abroad” list primarily stat-driven. The site came up with its 10 picks looking at the cost of living, high United Nations Human Development Index ratings (measuring adult literacy, life expectancy and income levels) and access to good medical care, as well as beautiful, relaxing settings and a range of activities for retirees.

Top picks: Costa Rica, Ecuador, Thailand, Mexico, Uruguay, South Africa, Panama, Malaysia, Argentina, and Bulgaria.

International Living

How it rates places: This site has two lists combining country statistics with personal experiences from its 200 contributors. “The World’s Top Retirement Havens” (also called the Global Retirement Index) is the more rigorous one, using a point system to choose the “30 top countries to retire in” based on eight categories from real estate (extra points for low prices and ease of purchasing property) to government benefits for retirees. Its squishier Quality of Life Index, reflecting an admitted “Western bias,” is a ranking of 194 countries that’s not about best value, but “where the living is, simply put, great.” So “Retirement Havens” is the better list if you’re looking for an affordable place to retire.

Top 10 picks (from “Top Retirement Havens”): Ecuador, Mexico, Panama, Uruguay, Italy, France, Brazil, Argentina, Costa Rica, and Australia.

Kiplinger’s

How it rates places: The magazine’s choices come from its “Retire South of the Border” story — which, by definition, narrows the selection drastically. The countries were selected through reporting, not a statistical sifting.

Top picks: Panama, Mexico, Costa Rica, Ecuador (Cuenca), Uruguay (Punta Del Este), and Argentina (Buenos Aires).

Retirement Without Borders

How it rates places: In Barry Golson’s excellent how-to book for would-be expats, the author ranks countries he thinks Americans might consider for retirement on an affordability scale, from “Very Affordable” to “Very Expensive.”

Top 10 picks for affordability: Argentina, Nicaragua, Ecuador, Philippines, Honduras, Thailand (inland, big city and some resort towns), Belize, Panama (inland and some resort towns), Costa Rica (inland and some resort towns) and Mexico (inland, some resort towns and villages)

Retiring-Overseas.com

How it rates places: It’s impossible to say exactly how this site selected its 12 winners (or even who runs the site). All Retiring-Overseas says is that the choices are “extremely affordable” and “Great Places Where to Retire Cheap Overseas and get More than your Money’s Worth,” which sounds like a search-engine optimization string of phrases that somehow turned into a list.

Top picks: Argentina (Buenos Aires), Italy (Calitri), South Africa (Capetown), Philippines (Cebu), Panama (Coronado), Ecuador (Cuenca), Thailand (Koh Samui), Mexico (Merida), Uruguay (Montevideo), Canada (Nova Scotia), Costa Rica (San Jose), and Austria (Vienna).

U.S. News

How it rates places: Normally a powerhouse in the ratings game, U.S. News is surprisingly flabby here. The magazine merely asked Kathleen Peddicord (author of How to Retire Overseas) to name her favorite “7 Affordable Places to Retire Abroad.”

Top picks: Panama, France, Uruguay, Belize, Mexico, Croatia, and Malaysia.

Read original article


cc Experts All Agree   Panama Best Place To Retire Abroad   The Boquete Times   Boquete   Panama photo credit: joiseyshowaa

Breaking Ground in Coronado

Wednesday, 18 August 2010 12:01
Written by Matt Landau
The Panama Report

Thousands of years ago at the base of the Yangtze River in China, a man named Ba Jie became the first person to examine then dismantle and consume an ancient ancestor of the modern-day blue claw crab. What had villagers frightened beforehand would ultimately become a household delicacy thanks to Jie and his fearless culinary foray. It would not be unfair to say that as a result of his act, Jie’s village, and perhaps more accurately the modern-day world, is a significantly richer and more delicious place.

In 2006, rodeo hopeful Ezra Cooley had his Ba Jie moment when he left his home in California to encircle the earth on horseback for the first time in history. In January 2010, astronaut Timothy Creamer became the first person ever to Tweet from the outer space. While these may seem like trivial firsts, it is their revolutionary nature that tends to give us meaning about the direction in which society is going. Crabs, horses, Twitter: he who sets a precedent oftentimes ends up writing the future.

Starting new businesses, filling new niches, and setting new standards. Ever since I visited Panama five years ago, creating firsts seemed to be part of the country’s pioneering image. Here was the first yoga studio in Panama City, the first green hotel in the country, the first signs of corruption eradicated. Still today, with so many new industries off the ground, Panama remains a place with infinite firsts to conquer. Maybe that’s what makes it so attractive to foreigners: this perpetual upward spiral of the new and improved.

In a way, “Panama’s first developed beach town,” Coronado, is always a little surprising to visitors in that they never really know why a vacation destination 45 minutes from Panama City isn’t more…developed. Only in the past year or two has progress started to extend beyond a simple shopping center of the bare necessities: grocery, sandwich shop, internet café, real estate office…etc. Considering the large amount of people who live in Coronado year-round, there’s never been a huge array of places to invest, places to stay, or spots to hang out.

Whether its luxury city towers, large scale resorts, educational facilities, or (in this case) magnetic social hubs, there is perhaps no one more iconic in Panama’s entrepreneurial segment than real estate magnate Herman Bern, who’s brand is synonymous with getting in first and capturing market share: a balancing act he appears to be maneuvering now in Coronado with Coronado Bay. Besides the Solarium Beach Club (a 37-room accommodation based out of Coronado Bay’s bottom five floors), Bern’s monumental effort also offers amenities to the project’s condo investors such as a full beach club, three pools, beach bar, gym, and roof top yoga sessions.

From a number of new restaurant openings to several new malls, a new social scene seems to be emerging in Coronado as well. The social area of Coronado Bay resort, for example, throws parties every month for residents of area, potential investors, and those considering a move out to the Pacific Beaches.

“Connecting with people in the local community that have made the move from abroad offers party goers a resource that’s irreplaceable,” says Liz Larroquette, Manager at Coronado Bay. “For many it’s an exciting but daunting task moving to another country. But meeting other people that have done it and making friends in the community is a great first step.”
Larroquette, herself a transplant from Australia, reports that the full-time expat population of Coronado and the surrounding areas has grown over the past few years to roughly 300-400: along with nearby mountain region Altos de Maria, one of the densest foreigner relocation spots within reach of Panama City. The organic growth and increased community building in places like Coronado are basic, albeit tremendous factors in helping people decide where to relocate.

And this may be precisely what makes being first to one of Panama’s markets so special. It’s simplicity. Deciding whether something is the best is subjective and nearly impossible, since everyone has their own measurements to the equation. But placing the number one next to a project lends a place like Coronado Bay instant credibility and praise: accolades someone like Herman Bern is not terribly unaccustomed to.
Every time someone pulls off a first like this in Panama, people – both tourists and locals alike – subconsciously realize that Panama will be a better place. Firsts like these – whether you see yourself indulging in them or not – give hope, quite simply because the country’s entire future is filled with them.

To contact Liz Larroquette direct for more information about expat life in Coronado and making the move or the condos in the project email lizl@empresasbern.com or cel. (507) 6981-1717.

cc Breaking Ground in Coronado   The Boquete Times   Boquete   Panama photo credit: Alex Barth

Have You Heard the Latest Gossip?

July 10, 2010
By Susan Beverley
Escape From America Magazine

“There’s a man living locally, an expat man, and rumour has it that he’s holed up here because he’s on the run from the authorities back home.  Apparently he was involved in some heinous crime.  Theories abound as to the nature of his alleged crime – ranging from fraud to a bank heist – with some people assuming that his shaven head is a clear indicator that there was violence involved in the crime he undertook.

Actually, he’s an innocent man – neither charged with nor guilty of any crime anywhere in the world.  He’s not ‘holed up’ here as a result of being on the run, and he is also blissfully unaware of the rumour mill that went into overdrive the day he inadvertently got the chief gossip-monger’s back up when he snubbed her fairly obvious flirtatious advances at an expat party.  Oh and his head is shaved because he’s going bald by the way.

How do I know all of this?  Because I am his wife!  I have also managed to make friends with some very decent expats who warned me all about the rumour mill that turns in this town, and who the chief suspects are when it comes to gossip creation..”

The above scenario is an extract from an email sent to me by an Escape From America Magazine subscriber who was clearly very distressed at the misery being caused by the spreading of false information about her family. Sadly the above story is not unique – neither to where this family lives, nor to expat communities the world over.  In fact, I would like to throw a theory into the mix today, and discuss why expat communities are seemingly such a hotbed of gossip and rumour, and whether ‘tittle-tattle’ is an innocent way to pass the time of day, or a malicious and manipulative way to win friends and alienate people.

Why Do We Gossip?

Gossiping is a way of communicating and of passing the time of day with friends and acquaintances.  In small doses and about innocent or positive subject matter it can be a fun thing to do.  I like to gossip, I also like to read about celebrity gossip as a means of escapism – but I know that there is a very definite line between passing around stories that are a) factually correct and b) not nasty, and making things up or passing on half truths that are bitchy, negative or hurtful.

Unfortunately, not everyone knows the difference and this is when gossiping becomes potentially bad for your health.

Gossip can be used by some people who have an inferiority complex as a way of gaining one-upmanship – along the lines of ‘I know something that you don’t know, which means that I am more important than you/smarter than you/closer to the action than you.’  Such people will use gossip to their advantage, and even be tempted to make things up or embellish the truth to make themselves seem more interesting.  Behaviour such as this is very telling about the person spreading the rumours, and it can be quite easy to spot what’s going on when this is the person’s only way of communication.

Gossip can be a direct way to manipulate as well – you come across children who will make things up about other children they don’t like to alienate that child and to manipulate others into disliking that child too.  Unfortunately, some people don’t develop socially as they grow up, and they can continue this sort of behaviour into adult life.  It is these sorts of people and the gossip they spread that are the most damaging.  These people have an agenda that is outside that which ‘normal’ and well-adjusted people are aware of, and so when the gossip starts flowing and people begin to be manipulated by it, they are less likely to know what’s going on.

Do Expats Gossip More Than Most?

When an expat moves abroad for the first time they are cast adrift and they can feel vulnerable because they have left their social support network of family and friends behind.  This often leads the expat to make friends quickly with other expats in their community.  These may not be the sort of people they would necessarily befriend back home – but the shared expat experience means that they at least have something in common, and any friend is better than no friend when you’re a stranger in a strange land.

Because these friendships form quickly, there is little substance upon which to base communication – there are no shared histories and experiences for example, and so gossiping about the local community is a way for these new friends to bond.  The longer established expat may be able to play one-upmanship by providing all the gossip – alternatively they may be able to manipulate their new ‘friend’ into avoiding other people by making up stories about them.  Of course, the gossip may just be an innocent way for the longer established expat to introduce the new expat to everyone in their new community, but whatever the reason behind the gossip, it is a form of communicating that is rife within expat communities.

In a scenario like this, gossip can be a powerful tool for the established expat if they want to gain status and the respect of their new friend, and it is certainly a way for these new friends to communicate when they know very little about each other and perhaps have very little in common other than the fact that they are both away from ‘home.’

This sort of behaviour always occurs in an expat community, and I strongly believe that expats gossip more than most as a way of communicating and possibly vying for status.

Is Gossip Always Damaging?

Gossip that undermines, defames or casts another in a negative light is always damaging.  And within a small community such as an expat community where perhaps no one has an extended support network of family and friends to lean on, such damaging gossip is even more cruel and dangerous.  Those who have an agenda, who like to gossip to gain attention or who will manipulate the truth about others to alienate them will find it much easier to do this in a small community where their voice is more likely to be heard by the majority of people too.

As expat communities the world over are quite close knit with everyone at least aware of the other expats around, such gossiping is very powerful and can create havoc quickly.  Additionally, as I have suggested that expats are more predisposed to gossip so that they at least have something to say to one another, such Chinese whispers can be passed on and around and adapted and manipulated and spread like wildfire.

Before you know it, an innocent man is labelled a criminal with a violent past and people are avoiding him on the street.  And if that wasn’t bad enough, his children are being gossiped about in school by their peers and teachers who have overheard others talking about the man, and bullying and alienation become issues born from this malicious ‘tittle-tattle.’  It happens – all the time.

How to Handle Gossip

As I have mentioned, I like to gossip – most people do.  When it is an innocent exchange of information about a celebrity or a stranger it is relatively harmless and can be a way for acquaintances to pass the time of day, or friends to find a way in to a light hearted conversation over dinner or a coffee.  However, if the gossip you’re being exposed to is cruel, damaging, incorrect or perhaps being spread by someone with an agenda, what should you do?

The first thing to note is that further passing on the gossip makes the situation worse.  The second thing to note is that if you know the information is untrue or you’re concerned about the effect the gossip may have, you should speak up there and then.  If you can stop the lies before they spread, you can perhaps save someone from getting hurt.  However, by speaking up or making it apparent that you don’t think these stories should be being spread, you make yourself vulnerable and a potential target for the gossip-monger once your back is turned.

No one likes to be undermined or challenged, and by speaking out that is exactly what you will be doing.   However, all you have to do is think about what you would want someone to do if you were the subject of malicious gossip.  Wouldn’t you hope that someone would speak out and stop the lies spreading about you?

In Conclusion

Gossiping is all about communicating and passing on information – some people do it innocently, others do it because they feel inferior, they are bullies, they want to manipulate others or because they have nothing else to do with their time.  As socially well-adjusted and mature adults it is up to us to know when gossiping is acceptable and innocent, and when it is being used by another person for the wrong reason.

We shouldn’t spread stories if we’re aware that they could cause damage to another person – and if in doubt the easiest way to work out what to do is to reverse roles and imagine if we were the person being gossiped about or manipulated by the ‘tittle-tattle.’  Of course, we don’t live in an ideal world where everyone is considerate and thoughtful towards others; we live in a world made up of complex personality types and people who have agendas far away from our own, therefore damaging gossip continues to be made up and spread, and all we can do is our best to ignore it, not spread it further, and help others to see when they are being manipulated by another’s fabrication of the truth.

Finally, if you find yourself tangled up in the inevitable web of gossip that abounds in small communities such as an expat enclave, remember that this week’s ‘news’ will be next week’s history, and that those who lie and manipulate are usually eventually found out – it’s just unfortunate that they can wreak havoc in the meantime.

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AARP RATES BOQUETE PANAMA IN THE TOP 5 BEST PLACES TO RETIRE ABROAD

Tuesday July 26, 2010
Written by Laurie Bella
AARP The Magazine

AARP The Magazine Travels the Globe to Reveal the Top 5 Best Places to Retire Abroad

1.  MEXICO—Puerto Vallarta

Puerto Vallarta, Mexico is the undisputed number one destination for American retirees.  With its rich Indian and Spanish culture, lavish beaches and affordable real-estate, Puerto Vallarta offers the low-cost, laid back lifestyle retirees seek to find in a community.

Some Reasons we love it:

  • Climate: Winters—sunny, pleasantly warm; summers—rainy, humid hot
  • Expat Community: Estimated at 50,000 American retirees
  • Access to the U.S.: Excellent

2.  FRANCE—Languedoc-Roussillon

Once remote, the Languedoc-Roussillon region is now just three hours from the bright lights and bustling energy of Paris via high-speed train.  The area is steeped in history and art.  Languedoc-Roussillon is also a destination for the outdoor crowd with picturesque hills and beach along its Mediterranean seashore.

Some Reasons we love it:

  • Climate: Mediterranean—hot and dry summers; cool winters
  • Cost of Living: Not cheap, but a comfortably frugal life can be had for $30,000 a year
  • Heath Care: Excellent.  French health care has been named the best in the world by the World Health Organization

3.  PANAMA—Boquete

Panama is a smart choice for retirees who want it all.  Not only does it feature attractive retiree destinations, Panama also offers an unbeatable package of retiree benefits and discounts. Boquete has a unique range of back-home amenities, from a golf course to high-end gated communities.

Some Reasons we love it:

  • Expat Community: An estimated several thousand
  • Housing Costs: A small house goes for $175,000; in a gated community, $250,000 and up.  Rentals: about $600 a month for a two bedroom house
  • Culture and Leisure: Rainforest hiking, river rafting, bird watching and coffee plantation tours keep Panama a bustling location for leisure

4.  PORTUGAL—Cascais

Many wonder why Portugal has long been overlooked by American retirees.  A plentitude of golf, beaches, resorts and trendy cafe life makes Portugal one of Europe’s most pleasant surprises for retirees.

Some Reasons we love it:

  • Cost of Living: A comfortable life can be had on $25,000 a year
  • Health Care: Good.  Nearby hospitals include the well-regarded British Hospital in Lisbon
  • Access to the U.S.: Excellent.  Direct flights to-and-from the U.S. fly out of Lisbon

5.  ITALY—Le Marche

Le Marche, bordering the Adriatic, is beautiful region with vineyards, snow-capped mountains and beaches a plenty.  It also prides itself on the best fish dishes in the country and is trendy enough to have snagged Dustin Hoffman as a tourism spokesperson!

Some Reasons we love it:

  • Climate: Mostly sunny
  • Expat Community: Relatively few; an international mix
  • Culture and Leisure: An incomparable mix of open-air opera festivals, Renaissance painting and architecture, wine tasting and nature reserves

Plus:  To avoid red tape, culture shock and language barriers, AARP The Magazine shares seven questions future retirees MUST ASK THEMSELVES before starting the exciting process of retiring abroad.   And visit www.aarp.org/magazine to check out our five “additional” affordable, fun places to live the good life, plus FAQs and a resource guide.

For more information and an extended list of AARP The Magazine’s “Best Places to Retire Abroad,” visit www.aarp.org.

About AARP The Magazine

With more than 35.1 million readers nationwide, AARP The Magazine (http://www.aarp.org/magazine) is the world’s largest circulation magazine and the definitive lifestyle publication for Americans 50+. Reaching over 23.5 million households, AARP The Magazine delivers comprehensive content through in-depth celebrity interviews, health and fitness features, consumer interest information and tips, book and movie reviews and financial guidance. Published bimonthly in print and continually online, AARP The Magazine was founded in 1958 and is the flagship title of AARP Publications.

About AARP

AARP is a nonprofit, nonpartisan membership organization that helps people 50+ have independence, choice and control in ways that are beneficial and affordable to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for 50+ Americans and the world’s largest-circulation magazine with over 35.1 million readers; AARP Bulletin, the go-to news source for AARP’s millions of members and Americans 50+; AARP VIVA, the only bilingual U.S. publication dedicated exclusively to the 50+ Hispanic community; and our website, AARP.org. AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. We have staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.

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Photo credit: Matt Coats

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