Lykos:
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Anyone from Panama around?
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What ya want to live there for??
Panama has it's purposes, but doubt that would include actually living there!
Have a look at Costa Rica! Crap roads, but otherwise very livable.
Another place that has "bad vibes" it no longer deserves is Nicaragua. Especially if you want to earn serious money off real estate :-) Costs in Nicaragua are around 25% of the costs of Costa Rica. Comms are good and the roads better than Costa Rica.