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How Do You Record Received $1,800 To Perform Consulting Services Over The Next Month

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"I have i question, though. I am immature (under xxx), and I volition probably not take enough money to outset investing overseas and setting up taxation-efficient entities for 5 to 10 years. I was wondering if you had any good resources for someone like me who is interested in the tax benefits and capital preservation aspects of overseas living and investing and who has the time just non the money. I would like to learn every bit much as I can now before I have the money to start investing."

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"Kathleen, I am a 68-year-young divorcee living on Social Security income. I receive US$800 per calendar month. Could I alive on this in a small place in a mountain village in Panama? I have no money to invest in annihilation. I just love the coolness of the mountains and smaller towns."

— Cecile S., United States

The short answer is aye, if you're prepare and willing to go local. In a modest boondocks similar San Francisco or Santa Iron in the mountains in Veraguas Province, near Santiago, you could hire a small-scale local-mode house for US$200 a month or even less. Don't invest in a machine, and you could live comfortably on the difference betwixt your rent and your monthly Social Security income.

San Francisco and Santa Atomic number 26 are both mannerly, safe places with pleasant weather. Life here would be simple merely sweetness, and the surrounding countryside is beautiful. Both towns are on bus routes to Santiago. From there you could catch a charabanc to Panama City. Note that you'd as well really take to be upwardly for learning Spanish to brand a life for yourself in this part of Panama. The gringo populations in these towns are small-scale.

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Source: https://www.liveandinvestoverseas.com/mailbag/retire-to-the-mountains-of-panama-on-us800-per-month/

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