{"id":4258,"date":"2012-02-10T14:36:57","date_gmt":"2012-02-10T19:36:57","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=4258"},"modified":"2012-02-11T13:44:25","modified_gmt":"2012-02-11T18:44:25","slug":"summer-in-boquete","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/summer-in-boquete\/","title":{"rendered":"Summer in Boquete"},"content":{"rendered":"

\"\"<\/a><\/p>\n

The clouds roll in early in the morning but never really cover the sky before burning off by mid day.\u00a0 What a time of the year we have here now that is\u00a0 Summer\u00a0 in Boquete.\u00a0\u00a0 Life here is special and I start this morning by visiting some friends to pick up hydroponic lettuce, free range eggs and green house grown bell peppers the size of softballs in preparation for a loaded Caesar Salad that I am making for guests who are coming over for lunch.\u00a0 I also stop over at a friends coffee plantation, Manana Madera Coffee Estate<\/a> for some high altitude grown coffee blend that is out of this world!!\u00a0 His two year old geisha<\/a> which is one of the most famous types of coffee in the world looks like it is on steroids.\u00a0 I had to have a fresh brew and enjoy the view out to the Pacific Ocean.<\/p>\n

\"\"<\/a> \"\"<\/a><\/p>\n

I must digress a little as I just read David Norden’s latest notice about the upcoming meeting in La Cafayate in Argentina with Doug Casey and gang. \u00a0 It made me think again\u00a0 about our little community here in the mountains where many like minded individuals live and about the similarities to what David Galland had to say.<\/p>\n

Freedom <\/strong><\/p>\n

By David Galland<\/p>\n

Like many of the subscribers to our publications\u00a0 (Casey Research)\u2013 individuals who look past the popular media in an attempt to understand what\u2019s really<\/em> going on in the world \u2013 I periodically get frustrated, irritated even, at what I see going on in the US and other developed countries.<\/p>\n

It brings to mind the bumper sticker slogan, \u201cIf you aren\u2019t mad, you aren\u2019t paying attention.\u201d<\/p>\n

But anger and frustration are decidedly negative emotions. And life is far too short to spend angrily contemplating lost freedoms or resources squandered in the name of the \u201cgreater good.\u201d<\/p>\n

That said, sticking your head in the sand and hoping for the best when you can so clearly see what\u2019s coming would be foolish in the extreme.<\/p>\n

(I have to insert this comic that my CPA sent me)<\/p>\n

\"\"<\/p>\n

And so it was that years ago, recognizing an unstoppable degradation in the aging democracies \u2013 with politicians sacrificing principles, individual rights and even fundamental economics for votes \u2013 Casey Research began ardently advocating investments in precious metals and related equities.<\/p>\n

There are, after all, few things more useful than financial freedom when it comes to seeking out personal freedom. We are very pleased, therefore, that our recommendations have helped so many readers achieve financial freedom.<\/p>\n

So far, so good \u2013 but there is another step required that accomplishes two very important objectives: securing the wealth you have managed to accumulate, and greatly enhancing your personal freedom.<\/p>\n

Freedoms \u2013 Secured<\/strong><\/p>\n

Time and again we have warned readers of the need to internationalize, both their money and their lives. This is due to the irrefutable truth that, done right, diversifying across political jurisdictions is the single most effective way to protect your wealth.<\/p>\n

1)\u00a0\u00a0\u00a0\u00a0\u00a0 It gives you currency diversification.<\/strong> In all of the hyperinflations, simply having money on the other side of a border was sufficient to save your wealth from the ravages of domestic inflation.<\/p>\n

2)\u00a0\u00a0\u00a0\u00a0\u00a0 It raises a barrier against wealth confiscation.<\/strong> The US and other bankrupt democracies are growing desperate. While there is currently a lull in the rhetoric as the administration tries to recast itself as pro-business ahead of the next election, when the history of the next few years is written, it will be of higher taxation \u2013 more aggressively pursued. And the use of opportunistic lawsuits to extort assets from those believed to have \u201cdeep pockets\u201d will only worsen.<\/p>\n

3)\u00a0\u00a0\u00a0\u00a0\u00a0 It eliminates waking up one day to find your wealth trapped<\/strong>. The sole purpose for growing regulatory interference in the ability of Americans to open foreign bank and brokerage accounts, or to freely move money across borders, is to trap your money and make it available to the government. Before this is over, overt foreign exchange controls are a certainty.<\/p>\n

4)\u00a0\u00a0\u00a0\u00a0\u00a0 It provides peace of mind.<\/strong> Intelligently diversifying your assets internationally \u2013 and by intelligently, I mean staying well within the bounds of all applicable laws \u2013 can provide a tremendous peace of mind. Because come what may, your wealth is not subject to a quick grab or even a slow-moving debasement.<\/p>\n

<\/strong><\/p>\n

But diversifying your wealth across borders is only half of the equation. The other half is where things get much<\/em> more interesting. And, I might add, fun.<\/p>\n

Life Fully Explored<\/strong><\/p>\n

<\/strong><\/p>\n

Most people have what Doug Casey half-jokingly calls a \u201cmedieval serf\u201d mentality.\u00a0 Which is to say that they are born, live and die within the same geographic area. This point was underscored recently by a report that just 30% of Americans hold a valid passport!<\/p>\n

While living a life of strict limits may work for most, there\u2019s a far smaller group for whom the horizon spreads far beyond the local strip mall and encompasses the world as it is \u2013 a planet made up of an incredibly rich and varied landscape of customs, cuisines and cultures.<\/p>\n

Life lived to its fullest<\/em><\/strong><\/p>\n

\"\"<\/a><\/p>\n

Cielo Paraiso Golf Course in Boquete
\n<\/address>\n

For those with the means \u2013 and life outside of the \u201cdeveloped\u201d world is invariably much cheaper, so your means go a lot further \u2013 you are able to pick the plumpest plums.<\/p>\n

It\u2019s Your Life<\/strong><\/p>\n

Each of us picks the path we think leads to the most fulfilling life.<\/p>\n

\"\"<\/a><\/p>\n

My path was to return to my punta de concepcion, here in Panama where I was born and as I tell my friends, Boquete was where I was conceived in 1953.\u00a0 I believe it was the Panamonte<\/a> where I often take my wife for lunch or dinner.<\/p>\n

I find magic here in the mountains and each day I go out to show investors around here I think, what a place to put some money into some hard assets.\u00a0 This place will be like Napa Valley in a few years (but with coffee) or Aspen with eternal spring like weather.\u00a0 The prices that we see today, while much more than they were 7 or 8\u00a0 years ago are very cheap compared to where they will be in another few years.\u00a0 Panama is in the forefront of the news and Boquete continues to be the most popular places for foreigners.\u00a0 With the new airport about to open and the new highway to Boquete over halfway complete, the tipping point<\/a> has arrived.<\/p>\n

NOW, Read this so you can wake up to what I have been saying all along!!\u00a0 Some friends of mine from Panama City are major investors in the project and they will take it to the next level.<\/p>\n

Increased Investment in Mountain Homes in Panama<\/h1>\n

Real estate<\/a> developers are backing residential building along the central mountain range.<\/h2>\n

With an investment of nearly $14 million, the company Canion Properties Corporation<\/a> is to build two new stages of its project Hacienda Los Molinos<\/a> in Boquete.<\/p>\n

“But this is not the only mountain residential project<\/a> being developed in the country, in fact, in Boquete foreign investor Sam Taliaferro developed the Valle Escondido Resort, Golf<\/a> & Spa project, a resort style residential community in the highlands of Panama<\/a>, whose main attractions are its location, climate, and topography, but this project is targeting international buyers,” noted an article in Capital.com.pa<\/p>\n

In addition to the new community at Los Molinos, there is a new International School that will be built nearby by a friend of mine here in Boquete who currently operates grades 1 through 5 and will expand the school to eventually go through high school as well.\u00a0 It will be one of the first LEED schools in the Americas.<\/p>\n

Well, I could go on but I think that you get the message.\u00a0 Find your path and take it soon.<\/p>\n

\"\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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