Comments on: 116: How To Move To Panama Or Use It As Your Plan-B Residency – Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/ Wed, 26 Aug 2026 15:06:52 +0000 hourly 1 https://wordpress.org/?v=6.8.10 By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-37457 Tue, 26 Jul 2022 22:24:08 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-37457 In reply to Sophia.

Hi there Sophia, I also do not have experience with this and it’s not something we would look at, we bring lots of families here but kids would go to university somewhere else if that was their path. Personally, I push the opposite of higher education as in 99% of the cases it doesn’t make any sense. We work more on the entrepreneurship and investor side of things and building businesses to help people. Best, Mikkel

]]> By: Sophia https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-37417 Sun, 24 Jul 2022 14:50:34 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-37417 Hello Mikkel,
Very kind of you to share your information.
I continue to follow two on lone groups for information about living in Panama.
I have asked this question to both, they claim thousands of followers yet no one had any experience with or information about going to University there.
I was hoping to hear something bad or good about the collage years.
These groups are lean towards retirement, but there can be families as well just have had no feedback about this topic.
Sincerely
Sophia

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-32061 Tue, 05 Oct 2021 22:16:10 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-32061 In reply to Michael.

I have emailed you.

]]> By: Michael https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-32054 Tue, 05 Oct 2021 02:00:45 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-32054 In reply to Michael.

also proof of income. How does someone who is unemployed but has money saved up prove this? What are the options there. I just want to travel but have a homebase in Panama

]]> By: Michael https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-32053 Tue, 05 Oct 2021 01:53:51 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-32053 In reply to Mikkel Thorup.

Where is the documentation to get the ball rolling on Panama residency?

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30951 Wed, 16 Jun 2021 02:59:36 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30951 In reply to Clyde.

Not how I would go about it, Panama residency should cost around $5000 in legal and government fees and doesn’t need to be paired with any type of teak investment.

]]> By: Clyde https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30949 Tue, 15 Jun 2021 03:18:18 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30949 Great information here…I got an email from The Dollar Vigilante suggesting I sign on to a podcast on June 15th (tomorrow) on getting a residential passport and possibly saving 178k.?.Their is an expense of 21,780 to get into a Teak farm I believe…not sure as I hadn’t listened yet….tomorrow 1500 o’clock.
I thought I would run that by you to see what you think of Jeff Berwick and his outlook on Panama 2nd residency and the offer he is presenting. Thanks Mikkel.

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30727 Tue, 25 May 2021 01:54:11 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30727 In reply to Cristina.

Hi Cristina, both Panama and Costa Rica are great options for retirement I believe. Panama is an easier visa and is less expensive than Costa Rica, and in my opinion, just as beautiful. But Costa Rica is better at marketing itself as a retirement destination and steals a lot of the lime lite.

]]> By: Cristina https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30627 Tue, 18 May 2021 00:50:24 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30627 In reply to Mikkel Thorup.

Thank you Mr. Thorup.
I’m a 61 year old woman and unfortunately I found out about you very recently. I been working since I was 10 years old helping my family and I am very tired. I wants to retire ASAP but maybe that’s a dream for me . Anyway, Panama has been one of my choices or Costa Rica. I’m originally from Colombia but US citizen for the past 35 years. I been having a hard time choosing where to retire. Any advice? Thank you in advance for any help that you can give me.

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30592 Sat, 15 May 2021 01:38:34 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30592 In reply to Greg McLean.

Glad you enjoyed Greg, thank you for your support

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30588 Sat, 15 May 2021 01:34:35 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30588 In reply to Car.

Contact us via email and we will see what we can do

]]> By: Greg McLean https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30563 Sat, 08 May 2021 20:59:12 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30563 Thank you so much, Mikkel! I’m 59 and will have a us pension. I was born in Panama, and would love to see how living there would be beneficial to me.

]]> By: Car https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30501 Thu, 29 Apr 2021 13:38:40 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30501 Hi Mikkel,

Re: Financial Services from Panama

I am looking for Credit Card Processing Services for the North America Region, then Central and South America.

We will sell product 80% online and 10% direct sales and 10% call-in’s.

I can open bank account in Panama.

Is this something you can help me with?

Thanks,

Carlos Ramirez
rbscro@yahoo.com

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30465 Thu, 22 Apr 2021 23:13:47 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30465 In reply to Alex.

The company formation does not need to be used for anything and does not need to show any revenue, also there is no need for a certain amount of time the company needs to be in existence

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30464 Thu, 22 Apr 2021 23:10:42 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30464 In reply to Alexandra.

I would have to look into that for you, please send me an email on the contact us page at the top of the website

]]> By: Alexandra https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30411 Wed, 14 Apr 2021 07:05:58 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30411 Question. How about relocating as a gay couple? Like a life partner. Is there a way to bring the partner with you? Asking for a male friend.

]]> By: Alex https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-30078 Tue, 02 Mar 2021 06:57:30 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-30078 In regards to setting-up a corporation in Panama prior to applying for Panama Residency Visa; should the corporation be in existence for a certain period of time prior to applying for residency (or can it be immediate beforehand) and does it need to be a valid, revenue producing corporation with/without a certain amount of revenue? Basically, I am a daytrader/investor, which is why I ask. Thanks in advance.

]]> By: Mikkel Thorup https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-29916 Sun, 31 Jan 2021 21:29:51 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-29916 In reply to Dave.

They are going to want to see very strong ties to the country, that this is your home. Unfortunately, it is a subjective measure in most cases as they must manually approve or deny applications, it is untimely the president’s decision and he has to sign off on it

]]> By: Dave https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-29875 Thu, 28 Jan 2021 14:00:48 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-29875 Mikkel, thanks for the interesting podcast.

You mention that if you want to go on to seek citizenship after 5 years, then simply visiting one day in 2 years would be insufficient.

Can you describe what the minimum type commitment that woud typically be necessary to successfully apply for citizenship?

]]> By: Mark Peter Robson https://expatmoneyshow.com/episodes/how-to-move-to-panama/#comment-29867 Tue, 26 Jan 2021 22:29:52 +0000 https://expatmoneyshow.com/?post_type=captivate_podcast&p=6476#comment-29867 Hey Mikkel,
Great to hear your episode about Panama, really informative, to the point and you covered a lot of ground in one shot…well done! I’m from Vancouver / Victoria BC here in Canada so it’s great to connect with a fellow Canadian. Looking forward to more information from you and your team.

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