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Home Archives for portable income
How to make Money Online – Endless Possibilities!

Last Updated Apr 20, 2017 - by Debbie

How to make Money Online – Endless Possibilities!

 One question that I get quite often from foreigners who are considering relocating to Panama is “How can I earn money when I get there?” For many, the options are limited because they don’t have a work permit, they are a Pensianado (retiree) and so they can’t work in Panama, or suitable jobs are just not available. One viable solution is to look to the internet for opportunities of earning income online.

www.panamarelocationtours.comWhether you are interested in a little side money or a way to support yourself and your family, the internet offers thousands of ways to generate revenue. In fact, the sky’s the limit in this virtual world and the options can become overwhelming pretty fast. I are going to share with you some of the proven techniques that have been shown to work over and over again for many people, most with no prior experience or internet skills required.

Some of the options you can look into are:

  • Freelancing – If you can research topics online and write about them, you may be able to generate income by selling articles to others. No need for a website or specific knowledge, just a skill for writing.
  • Self Publishing – Have more than just short articles to offer? Time to turn that idea you’ve had in your head for years into an Ebook and earn revenue with it.
  • Affiliate Marketing – By posting a few ads and articles, even articles that other’s write, on a simple website, some people are making thousands of dollars per month by getting a commission every time someone comes to your website, clicks on something and makes a purchase. You don’t have to sell anything yourself, just be the platform!
  • Authority Sites – If you know a lot, or have a passion to research, about a specific topic, you can create a website with information others are looking for. There are 2 billion people searching the internet at all times! There is a niche for everyone. Monetize the site with advertising sales, Adsense, and more.
  • Amazon Product Sales – Yes, this is a whole opportunity in itself! You’ve all probably bought something from Amazon in the past; you can profit from selling almost any of  the 1000’s of products there.
  • Professional Sites – If you have knowledge about a specific topic, and the desire to create your own products, there are possibilities for generous earnings here. You can sell your products and services or study courses and even learn how to create and make money with membership sites.

Please keep in mind that none of these techniques are “get rich quick schemes”. Some of them take weeks, months, or even years to develop into substantial earnings. A lot depends on how much you are willing to commit to making it happen. The first thing you need to do is to decide what it is that you really want. What are your financial goals? How much time are you willing to commit to accomplish your goals? Success is not just about the money you can earn either. What kind of a lifestyle are you hoping to achieve?

This is just an overview of the possibilities available to help you choose the path that fits your lifestyle and personality best. It will be up to you to decide what’s right for you and what you’re willing to do to get there.

Request our FREE ebook with many more ideas for earning income: Fund Your Freedom

Filed Under: fund your freedom overseas, jobs in Panama, Work Tagged With: fund your life overseas, living in panama, portable income

Young Adults Moving to Panama Too

Last Updated Feb 2, 2016 - by Panama Relocation Tours

Young Adults Moving to Panama Too

The dynamics of our Panama Relocation Tours reflect who is moving to Panama.  When we first started doing tours more than 5 years ago, most of the people on the tour were retirees or people of retirement age looking for business opportunities in Panama.

But over the last couple of years things have changed.  Now, people in their 20s, 30s, 40s and 50s are coming on the tour and relocating to Panama too.  We had a 23 year old on the January 2016 tour. They are not Trust babies who can retire.  Nope!  These are young people, or those with no retirement income,  who are looking for business or job opportunities with less competition than North America or Europe.

A good example is 33 year old Joel Thomas from Wisconsin.   I first met Joel at a real estate investing seminar in California a few years ago. I did the marketing for the seminar so I attended to help get everyone signed in and see many of my real estate investor friends.  Joel spent more time out in the hall talking to me about Panama than he did in the classroom.   A few months later, he was on a Panama Relocation Tour and was instantly hooked.  He was actually thinking about relocating to Chile before learning about all the advantages in Panama.  Joel moved to Panama about 8 months ago to attend an MBA program at 2/3 less costs than the United States.  The instructors are flown in from the United States to Panama City for class on Friday and Saturday.  So that leaves the rest of the week for Joel to work for someone else.  But he found that it was difficult getting a job until he got his work permit.  And you can’t get a work permit until you get your permanent visa.  Once he got his work permit,  he landed a job with a multinational company making as much, or more than he would if he were working in the United States.  What his video below to learn about his life in Panama …

There are more than 120 multinational companies who have headquarters in Panama.  Microsoft is expected to open an office in Panama City soon.  Panama offers a lot of tax advantages to multinational companies to relocate to Panama.  You can learn more about the multinational companies in my free booklet, Fund Your Freedom Overseas.

Another example of a young person moving to Panama is Alice Beth, a 23 year old, who moved to Panama City in 2012 but now lives in Coronado.  She went the freelance route and has no problem finding clients.  Alice says, ” New business, it seems, is to be found at every poolside happy hour and beachfront volleyball game”.  When Alice graduated from college, she realized that there would be thousands of other people her age competing for the few jobs that opened up in the United States.  In Panama, she has very little competition and a great view from her Coronado condo you can see below.

Living the good life in Panama
Living the good life in Panama

Julie moved to Boquete when she was 39.  Obviously she had no retirement income so she had to find a way to make a living.  She purchased an older house close to downtown Boquete then converted it in to five studio apartments which each rent for $500 a month.    She and her boyfriend did most of the work themselves to save money.  The income from the apartments completely support her active lifestyle in Panama.

Jeff is 37 and has lived in Panama City more than 7 years.  He has a variety of jobs like being a lineman at the Panama Canal, eco-tour guide, video productions,  and selling real estate.

Anne and her husband, both in their 40s, moved from France to Coronado Panama several years ago.   Anne sells and rents real estate in the Coronado area and her husband is a videographer. We often meet with Anne during the Panama Relocation Tours.

They are not alone.  Young people are opening up beach bars, hostels, rehabbing houses, and other businesses in Panama because it is so much easier to start a business in Panama than it is in other countries.  For certain business, the City of Knowledge has $10,000 grant money available to start a business through their Start Up Panama program.

There is also an increase in young expats with children moving to Panama.  A good indicator of that is the enrollment in International Schools.  When I moved to Boquete there were about 300 children enrolled in the international school in Boquete.  Now, 5 years later, that school had to build a new larger school in a new location because their enrollment has expanded to 750 students in Boquete.  I don’t have numbers for international schools in Panama City, Coronado, or David.  But my guess is that they have experienced similar growth.   This growth also offers opportunity for educators of all ages!

A good way to connect with young expats living in Panama is through (YEP) at https://www.facebook.com/YoungExpatsinPanama  The site has more than 4000 members from many different countries,  many who live in Panama.  They host regular beach parties and other gathersing for young (and young at heart) expats in Pamana.

Internations Panama is another way to connect with young expats in Panama.   They host regular events in Panama City for expats to get together.

There is also  facebook group for young expats living in Boquete which has 254 members, https://www.facebook.com/groups/young.expats.boquete/

When you combine more opportunity with a more affordable lifestyle, plus incredible weather….it just makes sense for young adults to consider a move to Panama.

howler in melissa's hairBut, Panama is not a good fit for everyone.  Whether you are a young person or a retiree, it is better to come check out Panama before you make a decision to move to Panama. (ideally, during a Panama Relocation Tour).  If you like what you see, then you may want to do a test drive, living in Panama for 3-6 months, before you make your final decision… or you may be ready to take the leap after you see how wonderful Panama is.

 

 

Filed Under: jobs in Panama, Living in Panama Tagged With: business opportunity in Panama, expats in Panama, Moving to Panama, portable income

Panama Relocation Tours Super Saver

Last Updated Dec 31, 2014 - by Panama Relocation Tours

Panama Relocation Tours Super Saver

Panama Relocation Tours offers 6-day all-inclusive tours of Panama.  Come see what life is like living in Panama.  Meet with expats every day, see Panama City, Coronado/Gorgona, Santa Clara, Las Tablas, Santiago, David, Boquete, Volcan and much more. Every day is a learning experience during the tour.  Learn how to get a permanent residency visa in Panama,  how to get a Panama passport, about the cost of living in various areas, the pros and cons of various areas, how to open a bank account, how to get health insurance at great prices, portable income opportunities, bringing your pet in to Panama, and much more.

The February tour has been sold out for 3 months but we just had a cancellation today so now there are TWO seats available.  We also have 2 seats available for the January tour.  These are the dates

Jan 17th-22nd  (2 seats available)
Feb 21st-26th  (2 seats available)

If you’d like to sign up for either of these tours,  call Melissa ASAP at or email [email protected] with your name, number and a good time to call you.

We will offer a $100 discount if you register for the January or February tour before January 5th.

Saving You Time and Money…

Previously, your tour included a flight back to Panama City on Air Panama because that was the only airline that flew from David to Panama City.  But they land at Albrook Airport which is on the other side of town from Tocumen Internation Airport. This was a one hour $35 taxi ride in heavy traffic usually.But now, Copa Airlines is flying out of David STRAIGHT to Tocumen.   So Panama Relocation Tours will pay for your airfare with Copa Airlines from David to Tocumen in Panama City.  This will save you a lot of time and money and stress. This airfare is included in your tour price.

If you are flying a different airline or leaving from Bocas instead of David, you will receive an $80 per person credit.

Come see what life is like living in Panama during a Panama Relocation Tour in 2015.

Filed Under: Living in Panama Tagged With: cost of health care in Panama, cost of living in Panama, living in panama, living international, portable income, retire in panama

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