panama88
Canadian expat in Spain
Forum posts
41
Contacts
2
About me
Canadian
Registration: 06 November 2014
Opening a Company and get sponsorship to live in Thailand
Thank you so much! That is great news. Can you please mention an official Thai source/website which states those changes? THANKS! Read More
Owning/leasing land by panama88
Hello! I understand foreigners cannot own land, but only the buildings on them. Or they can lease land up to 99 years. How are these contracts made? What if a foreign owns 100% of a Company, can that Company own land? The use is for business, not ...
Thank you Michael! Is it easy to convince a seller to change her/his sale into a 99 years lease? Thanks Read More
Owning/leasing land
Hello! I understand foreigners cannot own land, but only the buildings on them. Or they can lease land up to 99 years. How are these contracts made? What if a foreign owns 100% of a Company, can that Company own land? The use is for business, not ... Read More
Invest in the construction of small bungalow by expated
Hi all, I'm retired in France and now I would like to invest in the construction of small bungalow to host European tourists and work with travel agencies in Europe or Airbnb. I speak French, German and English. Any advice from people who have ...
Hi! We are interested in building a small (10 rooms, 2 people each) retreat center near Angkor. Our budget is very limited, so we would have to choose an area between 15 to 20 minutes away from the temples, ideally with water, internet and other ... Read More
Opening a Company and get sponsorship to live in Thailand
Hello! Some people told me that opening a Company and get sponsorship to live in Thailand is a nightmare, other said it just takes $1k per year - plus taxes of course - and you are all set. Some background info: married, working online, so ... Read More
Minimum financial and legal requirements for a new PMA
Hi! I read on indosight.com/blog/how-to-register-company-in-indonesia/ some of the requirements for a PMA. But it seems there is a big difference between the letter and the application of the laws... And also among local offices, what is allowed in ... Read More
Permanent residency and citizenship by panama88
Hello! Based on what I read online, to become a resident it is enough to deposit 5k into a local bank account, submit the paperwork and wait for 4 months. I see often people mention we need a "fixer". It is also said after 3 years, one ...
Thank you so much!!! That really helps a lot, it is a more honest and helpful feedback than I found on most of the updates available online... BTW, do you know anything about the citizenship process (does it require to be 3 years physically present ... Read More
Permanent residency and citizenship
Hello! Based on what I read online, to become a resident it is enough to deposit 5k into a local bank account, submit the paperwork and wait for 4 months. I see often people mention we need a "fixer". It is also said after 3 years, one ... Read More
Bali: buying a retreat center and becoming a resident by panama88
Hi! Do you know the aprox. cost of buying a functioning retreat center in Bali? Also, would that qualify as a PMA Company to become resident? Thank you so much!
Thank you so much for the detailed and informed answer, I am very grateful for that. It means nothing can be started for less than $300k/$00k or so, which is indeed a substantial investment for land only. Thank you for the clarification about ... Read More
Bali: buying a retreat center and becoming a resident
Hi! Do you know the aprox. cost of buying a functioning retreat center in Bali? Also, would that qualify as a PMA Company to become resident? Thank you so much! Read More
Extending one's staying
Thank you! Do you know if the procedure is mainly a formality, or is it very complicated? We will have exit airplane tickets, so the immigration will see we are not coming back another time to ask for an extension. Thanks Read More
Extending one's staying
Hello! If one enters Thailand, visa-free (http://www.mfa.go.th/main/contents/files/services-20140710-094347-873017.pdf Ordinary passport/30 days), can he extend his staying by another 30 days? Thanks! Read More
Becoming a permanent resident in Chile
Hello! I read about becoming a permanent resident. Is this the correct "procedure"? - proof 1k income per month per person, or 50k in total assets - get a 1 year temporary residency - before 1 year, upgrade to permanent resident. Just ... Read More
Best beaches, 2 hours from Santiago
Hello! Can you please mention a couple of good beaches which are located no further than 2 hours from Santiago? Also, do you have an idea of the prices, in those locations, of a 2 bedrooms townhouse/small house (if safe) in those areas? Maybe 5-10 ... Read More
Coronado vs Malibu by panama88
Hello! I noticed Malibu is even closer to Panama City, and that the prices are more reasonable in Malibu. Is there any specific reason? Is it because Coronado is a closed community, while Malibu is a "Regular" town? THANKS!
Thanks! We are in Costa Rica for a vacation, it seems the same here. Locals come here from Saturday morning until Sunday later afternoon, then everything is quiet again. I think we can live with that, as long as the places are ok most of the ... Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...
The property looks good, hope there are more like that around. In the long term, location is key. Beach properties tend to appreciate more in value. However, I do not have the pile of money required to go beach front, so it looks ok. Now more ... Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...
Wow, these ones look almost perfect: http://www.encuentra24.com/panama-en/real-estate-for-sale-apartments-condos/villas-de-bosquemar/3792422 Thank you guys! Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...
Thank you so much Lorna SawMan! Ideally, I would get a 2 bedrooms, 2 bathrooms apartment or town house with ocean view, but not on the beach, maybe within 10 minutes walk to the beach. In a quiet, safe area. Better if there is 24/7 security, but ... Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...
Thank you again to you both! Can you please tell me a couple of good areas where I can research properties? Thank you for the link SawMan. Read More
Coronado vs Malibu by panama88
Hello! I noticed Malibu is even closer to Panama City, and that the prices are more reasonable in Malibu. Is there any specific reason? Is it because Coronado is a closed community, while Malibu is a "Regular" town? THANKS!
Thank you so much Lorna! If possible, can you please name 1-2 good areas there? So I can research them online for rentals/sales. THANKS! Read More
Santa Margarita vs. La Alcaidesa by panama88
Hola! I am considering to move to Spain. No need for paperwork, just to choose a place near Gibraltar. I short-listed Santa Margarita and La Alcaidesa. Based on the info I have, Santa Margarita: PLUS: near Gibraltar, there is a bus going there. ...
BTW, could this one by the bus: http://www.autocaresctm.com/portal/lalinea/lalinea.htm ? Thanks Read More
Santa Margarita vs. La Alcaidesa by panama88
Hola! I am considering to move to Spain. No need for paperwork, just to choose a place near Gibraltar. I short-listed Santa Margarita and La Alcaidesa. Based on the info I have, Santa Margarita: PLUS: near Gibraltar, there is a bus going there. ...
Thank you! Was that for the border issues or was not a popular service? Thanks Read More
Santa Margarita vs. La Alcaidesa
Hola! I am considering to move to Spain. No need for paperwork, just to choose a place near Gibraltar. I short-listed Santa Margarita and La Alcaidesa. Based on the info I have, Santa Margarita: PLUS: near Gibraltar, there is a bus going there. ... Read More
Coronado vs Malibu by panama88
Hello! I noticed Malibu is even closer to Panama City, and that the prices are more reasonable in Malibu. Is there any specific reason? Is it because Coronado is a closed community, while Malibu is a "Regular" town? THANKS!
True. I should have titled this "Malibu/Nueva Gorgona". Anyway, if you have experience with the area, is it a good one? Some people say it is noisy and crowded, because it is not a gated community like Coronado. Thanks. Read More
Coronado vs Malibu by panama88
Hello! I noticed Malibu is even closer to Panama City, and that the prices are more reasonable in Malibu. Is there any specific reason? Is it because Coronado is a closed community, while Malibu is a "Regular" town? THANKS!
Thanks! But I think there is one: http://www.wannasurf.com/spot/Central_America/Panama/malibu/ Read More
Canary Is vs Mainland Spain Cost of Living?? by BOSTON MAMA
Hello, I have read that living in the Canary Islands is actually less expensive than living in Main land Spain. Can anyone verify this for me? My daughter studied in Spain (Madrid) and spent some time in the Canary ISlands for school..claims that ...
Hello! About buying a new car: I see the VAT % is much lower in the Canary Islands vs. mainland as you said. Does the transportation cost of the car to the Islands, that hte car shops have to to bear, lower the savings on VAT a lot? Also, what ... Read More
Coronado vs Malibu
Hello! I noticed Malibu is even closer to Panama City, and that the prices are more reasonable in Malibu. Is there any specific reason? Is it because Coronado is a closed community, while Malibu is a "Regular" town? THANKS! Read More
Legal costs - Friendly Nations program by panama88
Hello! We can apply for permanent residency under the friendly-nations program, meaning we put down 5k + some for other family members, and open a local Company. Questions: - do you know any lawyer who can responsibly deal with this? - what are the ...
That makes perfect sense, thanks! But does one need to be physically in Panama, when he/she sends the visa application and during the assessment process? Guess I have to pay you legal consulting fees soon :-) THANKS! Read More
Legal costs - Friendly Nations program by panama88
Hello! We can apply for permanent residency under the friendly-nations program, meaning we put down 5k + some for other family members, and open a local Company. Questions: - do you know any lawyer who can responsibly deal with this? - what are the ...
One last question about this :-) Does one need to stay in Panama for the application process? Or is it enough to open a Company, open a bank account, wait 3 months, get the reference letter and the required docs, and then send everything through a ... Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...
That makes sense, thank you! Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...
Thanks! Do you live somewhere else on the Pacific side? I am open to other locations, as long as they are not too far from Panama City. Read More
Legal costs - Friendly Nations program by panama88
Hello! We can apply for permanent residency under the friendly-nations program, meaning we put down 5k + some for other family members, and open a local Company. Questions: - do you know any lawyer who can responsibly deal with this? - what are the ...
Thank you Andrea! Perfect, so it seems it makes sense to open a bank account in advance. Read More
Legal costs - Friendly Nations program by panama88
Hello! We can apply for permanent residency under the friendly-nations program, meaning we put down 5k + some for other family members, and open a local Company. Questions: - do you know any lawyer who can responsibly deal with this? - what are the ...
Thank you! Yes one in Panama City would be good. How long did it take to get the visa? Read More
Legal costs - Friendly Nations program
Hello! We can apply for permanent residency under the friendly-nations program, meaning we put down 5k + some for other family members, and open a local Company. Questions: - do you know any lawyer who can responsibly deal with this? - what are the ... Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment by panama88
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ...
Thank you SawMan! How do you like it there? Read More
Coronado: "average" price of a 2 bedroom townhouse or apartment
Hello! Online, I read wonder-stories of expats who got big houses in Coronado for less than 100k. Then, when I check the property prices, I see studios sell for over 100k... It may be that sites in English have inflated prices, it may be that the ... Read More