Recent content by PMbx

Swissquote is the way

I live in the city (Im relatively young and thats where everything happens). Older folks who 'do nothing' all day live in Boquete. Nature/surfer ones live in the Pedasí area. I guess its personal taste, but I like to be able to chitchat with my uber driver... waiter... gym coach.... Daily...

Every bank in Panama has a 25-50$ fee for incoming offshore transfers.

Live your life as if you hear no news. But have a plan B somewhere as insurance. Thats it.

Go for Xiaomi/IB backed Tiger brokers.

Towerbank is famous for being crypto friendly. For daily use in local activities is not convenient since it does not allow Yappy. It is also good for investing in the local stock market.

thats a bit of an exaggeration I would say. Unless you don't speak Spanish at all, in that case I can understand your point

mmg with a connector probably will, it always depends on what the IBC does

If you are super rich, Cayman Islands or bermuda. If you can speak Spanish and all your income comes from abroad, Panama is great. If you need more infrastructure, Canary Islands in Spain thru Beckham Law is decent.

New Guy here, from westernland, living in Panama since 2021. Hope I can learn from you guys. And hope I can help anyone with any Panama question.

If you have a clean business such as coaching/consulting, you can easily operate with a Panamanian bank + Panamanian payment processor (around 3,5% commission on transactions). Just register the business as independent with an AVISO DE OPERACION, pay some local taxes (around 500-100/year) and...