SPX Credit Spread Trader

Discussion in 'Journals' started by El OchoCinco, May 17, 2005.

  1. Panama is my future tax and cost haven! :). Wife is from there and living is cheap and so are the wome.... I mean restaurants and living expenses.

    [​IMG]
     
    #4381     Mar 17, 2006
  2. ChrisM

    ChrisM

    Norway is very specific nice country, but cold.

    We are planning to move down South Europe soon, which is actually a challenge, as you have to choose between Spain and France.
     
    #4382     Mar 17, 2006
  3. Why is that a challenge, I hear Spain rocks!?
     
    #4383     Mar 17, 2006
  4. ChrisM

    ChrisM


    Wome...I mean restaurants are no longer cheap anywhere in the world due to women`s lib spreading internationally (Donna, don`t kill me, just kiddin`):D

    I lived in many places in my life so I can say - if your wife is from there, it would make everything much easier.
     
    #4384     Mar 17, 2006
  5. ChrisM

    ChrisM

    You need to speak French or Spanish. And service standards are much lower, especially in Spain. There is no use of English in Spain, big cities like Barcelona included.

    Subway in Paris still has no AC and summers are hot someytimes, but bullet trains..are just great. They are better than planes on medium distances.
     
    #4385     Mar 17, 2006
  6. Panama has a lot of great things. US dollar so no currency woes. With the U.S. influence for so long, the city is very modern. One of the few countries in Latin America you can drink water straight from the tap. Cost of living is much less than in U.S. so many goods are cheaper. Attorneys living very well are making maybe $4 - $5K a month on the high end. Full internet and cellphone service all over. 2 hours from Miami and 4.5 hours from NY. Live in help costs nothing either.

    And most important of all....... no extradition treaty with U.S. LOL...
     
    #4386     Mar 17, 2006
  7. ChrisM

    ChrisM

    How about doctors, medical expenses, schools maybe ?
     
    #4387     Mar 17, 2006
  8. Wow!! Maybe I want to live there too.:D
     
    #4388     Mar 17, 2006
  9. ryank

    ryank

    You need to start playing Van Halen's Panama as the intro to your radio show lol.

    ryan
     
    #4389     Mar 17, 2006
  10. Almost every doctor or lawyer I met got their degree from the US. Remember the U.S. had their own Canal Zone for almost 100 years so the US influence in education is strong. The education system is very good. As for your own children, there are numerous private Catholic and non-secular schools in English and Spanish. Several universities have satellite campuses or programs here. I went to a dentist there who was a friend of the family and he got his DDS from U. of Penn. Health care is cheaper based on my wife's experiences in comparing here to there. Also lots of private clinics around.



     
    #4390     Mar 17, 2006