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Affordable Living in Panama

David is a city west of Panama, in the$8 for a hair cut and a live in maid is
province of Chirque and has an internationalavailable for $120 a month. Most of the
airport. It takes an hour's drive from thegrocery items like eggs, pasta, wine etc. are
airport of David to the town of Boquete whichcheap; less than in big cities of developed
is at a height of 4,000 feet. Boquete hascountry. The town has a pizza joint named La
been a popular destination for retirees. Invalcino and the restaurant La mexicano serves
this article we are going to discuss aboutMexican food. Good meals are available seven
living  in  Boquete.minutes walk from downtown at Panomonte.
There are 3 banks in Boquete and most
Panama is a democratic country and has aessential items are available here. For the
growing economy. The inflation is a modest 2%rest one has to drive to down to David which
and the government provides statutoryis  50  minute  drive  from  the  city.
financial privacy and banking secrecy to
investors. The income earned abroad isThe suburbs of Boquete are very pretty. The
non-taxable. There are also special benefitshills provide great view of the valley. The
for retirees like discounts while buyingrivers flow through the hilly rocks with
airplane tickets to groceries and more. Thegurgling sound. This town is now becoming a
capital city of Panama is comparable in termstourist spot with newly opened tourist centre
of facilities with big cities in the US, butnear the entrance of the town, but
offers goods at a lower rate. The German andinfrastructure is not developed yet. Tourist
Swedish immigrants who built the Panama Canalcan enjoy white water rafting and a trip to
have settled down in the city of Boquete. Thethe Quetzel National park, which has many
hills are covered with coffee plantation andrare  birds  and  howler  monkeys.
fruit trees. One can find wild flowers near
the banks of the rivers, at road sides andMost of the lands in Boquete are not for sale
near the water falls. The weather in Boquete,because they have been owned by people from
is a pleasant 70 to 800F with sunshinemany generations and they do not want to sell
throughout the day and occasional mist. Thethe land. Some of the coffee plantations are
evenings are cool and the night temperaturebeing converted to build residences. In Las
drops  to  40  degrees.Colinas de Jaramillo, a little away from the
coffee plantations, luxury homes costing
The Boquete is a valley situated at the basearound $400,000 are for sale. Small houses
of the Baru volcano. There is not much forare available for rents as low as $250 to
sight seeing in Boquete. The wages are low in$350 a month but big ones with 3 bedrooms and
Panama e.g. the doctor charges only $10 for a2 baths are available for $1,000 a month.
visit to the clinic while the barber charges



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