Live Like a King for Dollars a Day
Panama's Good Weather, Good Beaches, Good Value Lures Americans in Search of the Good Life
By JEFFREY KOFMAN
PANAMA CITY, Panama, Nov. 2, 2006 — - Joe Urby and his wife, Stacey Waldren, call it their four-year plan. They live in San Antonio, Texas, with their three children. But when their youngest son heads off to college in four years, the Urbys plan to pull up stakes in Texas and head to Panama.
Avoiding 'Poverty or Worse'
country and only need half as much income to live off of. That's exciting."
Political Calm and Profitable Canal
been much calmer but equally surprising. Bern says it began quietly about three years ago, with one or two inquiries from Americans a month. Now it is constant.
last month the people of Panama enthusiastically approved a referendum that allows the government to proceed with a $5.2 billion expansion that will allow bigger ships and more ships to make the crucial crossing. That is certain to bring more jobs and more investment.
'More Difficult If You Can't Speak the Language'
things are much more difficult if you are in a place that you don't speak the language."
Distance Is the Downside
being away from family.