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Panama may seem like a paradise, but it has its drawbacks.

I’ve been recommending people spend time and money in Panama for more than 25 years. That recommendation has been based, from the start, on my personal experiences. I visited the country for the first time in 1998 … and made my first property investment here (a vintage building in Casco Viejo called Casa Ramon that Lief and I renovated into three apartments and space for our office) in 2000.