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In this special sit-down interview, Canadian Expat and Panamanian luxury real estate specialist Heidi Routledge speaks with Javier Correa about life as wealthy foreigner in Panama. The interview delves into expat family life in Panama, raising kids in the Central American country, safety, banking, residency and Panamanian citizenship. Heidi and Javier also share their unique insights respectively into the Panamanian luxury property market and the tax system in Panama for foreigners.
00:00 First Glimpse of Expat Life and Luxury Real Estate in Panama
00:39 Heidi Routledge: Canadian Expat Living in Panama
02:31 Evolution of Panama Over Last Three Decades
05:03 Panamanian Diversity: Historical and Modern Sides of Panama City, Beautiful Islands
07:37 Advantages of Panama: Safety, Political and Economic Stability, Family-Oriented, Taxes
08:34 International Schools in Panama and Raising Kids as an Expat
09:59 How to Raise Bilingual Kids and Learn Languages as an Expat
13:56 Educational Options for French-Speaking Kids in Panama
15:19 Lifestyle in Panama for Snowbirds and Retirees
16:54 Healthcare in Panama vs. US and Canada—Quality and Affordability
19:58 Taxes in Panama for Expats
20:48 Banking in Panama
22:10 Travel to and from Panama
23:28 Climate in Panama
24:27 Groceries and Shopping in Panama
26:53 Entertainment and Dining in Panama
28:12 Nannies and Maids in Panama
29:30 Security for Wealthy People in Panama
30:07 Affordable Luxury Real Estate in Panama
32:30 Lending in Panama and Getting Mortgages as a Foreigner
33:12 Getting Panamanian Citizenship—By Birth and Naturalization
36:32 Retiree Visa, Cost of Living and Tax Advantages in Panama
37:12 Taxes in Panama for Canadians and Americans
37:47 Additional Lifestyle Advantages of Panama
Nomad Capitalist is the world's most sought-after expert on legal offshore tax planning, dual citizenship, and international asset protection. We work exclusively with seven- and eight-figure entrepreneurs and investors who want to "go where they're treated best."
Nomad Capitalist has served as the “architect” and “general contractor” for 1,500+ clients who wanted one company to manage their holistic plans. We help these clients keep more of their wealth, increase their personal freedom, and protect their families and wealth against current and future threats at home.
Our in-house team of researchers, strategists, and executioners know more about these strategies than just about anyone. We’ve also spent more than a decade building a trusted network of attorneys, accountants, real estate agents, and others to assist our clients. As a result, our approach is not only holistic, but agnostic; we offer our clients advice on and options in 90+ countries, more than any other firm by far.
If you’re looking to diversify internationally, whether for lower taxes or as a “Plan B”, trust the industry pioneers at Nomad Capitalist and our experience serving the needs of globally-minded entrepreneurs and investors.