

116: How To Move To Panama Or Use It As Your Plan-B Residency – Mikkel Thorup
WHAT WE DISCUSSED IN THIS INTERVIEW:
- Mikkel's story about moving to Panama
- Why did he move here?
- Facts about the country
- Cost of living in Panama
- Standard of living
- Medical facilities
- International Insurance
- Tax
- “Free Trade Zones” In Panama
- Banking and Financial sector
- Residency
- Lockdowns
- Mikkel's opinion of Panama
- Popular places to live
- Learning Spanish
- and more!
HOW TO FIND MIKKEL'S WORK
- Feel free to reach out to me here if you want to move forward with your visa and come to Panama, I will do my best to help!
- Please, continue this conversation at ExpatMoneyForum.com
SIGN UP FOR OUR NEWSLETTER
If you’d been receiving the EMS Pulse newsletter and the weekly Expat Sunday Times, you would have already read the basics of today's story! Sign up now, and you’ll also receive my FREE special report, “Plan B Residencies and Instant Citizenships.”CONCLUSION
If you are looking for a backup residency, Panama is a good option because it is affordable and you only need to visit the country one day every two years. It's a tropical country, with warm weather all year round. Taxes are almost nonexistent, no standing military, lots of expats, lots of freedom (outside of covid), a high standard of living, and a cosmopolitan lifestyle. These are just some of the reasons Panama might be a good option for you, listen in to the episode for everything you will need to know to make it a reality.Mentioned in this episode:
Into The Amazon—Then Straight To The Beach
This year, I’m taking a private group into the Amazon rainforest—then we head to Fortaleza and explore Brazil’s booming Northeast coast. Think Amazon river cruises, beachfront developments, and wide-open opportunity. From the heart of the rainforest to pristine beaches most people only dream about—this is bucket-list meets Plan-B strategy. If you’ve ever wanted to see the real Brazil and scout investments along the way, this is it. Go to ExpatMoney.com/Brazil.
Brazil Tour August 2 - 9, 2025
Gold in the Caribbean—No Bank Can Touch It
Fiat is failing. Banks are cracking. And smart investors are moving their gold offshore—outside the system. I’ve partnered with a fully insured private vault in the Caribbean where you can buy, store, and protect physical gold… legally and securely. The entire account opening is done online—fast, private, and no nonsense. If you’re serious about protecting your wealth, get the details now at ExpatMoney.com/gold
Join Us For Upcoming Live Webinars
Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
Join Us For Upcoming Live Webinars
Every month, we offer exciting new webinars for our community. Topics include how to use retirement accounts to buy real estate overseas, how to get a second passport in Latin America, why you should sell your stock portfolio and move your money offshore, how to buy a beachfront rental property in Brazil for less than $100k, or apartments in Paraguay for $60k. If you want to join us for FREE for these presentations with live Q&A, insider secrets, and exclusive opportunities with my professional network of experts, then sign up today.
Into The Amazon—Then Straight To The Beach
This year, I’m taking a private group into the Amazon rainforest—then we head to Fortaleza and explore Brazil’s booming Northeast coast. Think Amazon river cruises, beachfront developments, and wide-open opportunity. From the heart of the rainforest to pristine beaches most people only dream about—this is bucket-list meets Plan-B strategy. If you’ve ever wanted to see the real Brazil and scout investments along the way, this is it. Go to ExpatMoney.com/Brazil.