Living in Panama for 2 years. Left Canada during the trucker protest....I have zero regrets ling here. My wife and I along with our 2 teenage kids surf and eat healthier than we eve have... Blessed to be in Panama!
Panamá is great. I have been in Panama for 24 years now. I became naturalized as a citizen 10 years ago. I would never live in Dubai. It is a Muslim country. I don't trust them. Spanish is esay to learn. Other languages are more difficult.
@@marcusd9192 Coronado is close to Panama City and has many services. Santa Catalina is nice and remote surf town. Venao is nice too but has a backpacker vibe and many Israeli tourists, not my jam
"No one cares and you're left alone" reminds me of life here in Serbia as an expat. Excellent interview guys, very much enjoyed hearing about Dubai and Panama.
So I am listening as a follower of you both, left Belgium after looking at Julien's formation, and based in Dubai since 2020 (during covid) but kinda critic and soon to try Buenos Aires: - Prices: Yeah, double or triple - Pollution: tourist syndrome for you guys. Yes Marina, Downtown are polluted. But if you "live" there, you slowly move to quieter neighborhood, like Damac Hills where I am for example, which comes with huge parks, clean air, etc. Marina is for tourists, no one spends three years there - or should I say "Shouldn't stay three years". - Indian accent in school is not real tbh. Most teachers in good schools are from the UK/Ireland (I know, I've dated some ;D), but also yeah 3x the price. - Bank service: yeah - Guest feeling / get passport: Big yeah, exactly why I'm looking for BA (this and european lifestyle that I miss) - Guards in Dubai: Yeah, they are bots. Painful. - "Pros" not mentioned: networking and events industry is huge in Dubai, if its useful for you and your business to land customers its a prime location. Cheap energy. Better for muslims. Food choice is unlimited and there is top quality for each cuisine (may require a bit of research). Last pro, whatever your origin country is, there is a community from your country in Dubai. - Cons not mentioned: you live among tourists. People never stay for long, some will stay 10 years but from my knowledge of the french community for example, the average stay I noticed was 2-3 years, average the ones trying 6 months and the ones staying 5-6 years.
I also used to live in Dubai as a foreigner. In a nutshell, the artificial environment wouldn't be better than the great nature, such as the smell of rain birds singing sound instead of 5 times notification from mosque from 5 a clock in the morning for pray to the God
My Colombian wife and I have spent much time thinking of moving full time to Colombia, and reminders of how absolutely dumb they were regarding the fake flu time period always stops me in my tracks
I moved to Colombia during Covid, because although they have rules, its easy to ignore. Malls were closed but in the barrio everything carried on fine!
I still remember you advising me on Panama when I was looking at Dubai. Living here now in the jungle and absolutely love it! So much freedom, super safe, access to modern infrastructure, nature is beyond words and it's still so under the radar. Oh yes, and consistent surf every single day. Thanks again ;)
Great video! Just to note ... as for English accents, apparently, according to research, the 3 most preferred English accents are (#1) Australian accent, (#2) the British and (#3) Southern USA. The least favourite English accents are the Indian/Pakistani English accents. So Julien is in the majority on this issue, as am I!
Both seem like good options for most expats. For Americans though, Puerto Rico seems hard to beat from a tax perspective. Would be great to get your thoughts on this in a future video.
Thanks for the video. It would be great if you also interview someone who has experienced living in Panama vs Thailand (Koh Samui or other similar islands), and shed lights on pros & cons just like you did fantastic job on Panama vs Dubai. You just got a new sub! Thanks again!
Ladislas, the problem now is that we see how countries are being pressured to make things more difficult. For now they dont require extended stays in Panama, but who the hell knows? They could start conditioning even Permanent Residency to spending 30 days or more. Without that they could revoke the residency. Then what? And not just Panama.....any of the Residency countries! It's impossible to rely on any of these current rules. Malaysia changes theirs every Monday and Thursday. In some countries even the office bureaucrats and consulates don't know what's going on....Whew....
It’s a risk yes. Much less for permanent residents than temporary residents. And Asia has always been, and always will be, more anti-foreigner than latam
@@TheWanderingInvestor It's so frustrating, because a person can invest in getting residency, and Boom, the government says renewal of Permanent Residency requires 3 months a year in country. And if a person can't do that they lose their PR benefits and maybe the Residency altogether .How can anyone rely on any of these governments? I know I'll be accused of pessimism, but there must be a way of a person protecting their permanent residency by getting an ironclad legal commitment that the conditions of their Residency, EVEN Temporary Residency, cannot be modified if they abide by their original conditions. Otherwise a person could legitimately claim that "had they had these modified conditions originally, they would have never applied for residency"!! Ladislas, could any of your lawyers in any country give us their opinion about this concern?? I think it is more than valid....
Then what? The lesson here is to never be tied to any place or country and for that vote with your wallet. They are the losers potentially, not you. Remember, vote with your feet and especially with your wallet if necessary
@@VacancierPermanent-y5o You have a point IF one's circumstances permit one to move on. However given the Globalists agenda, the power of their dictatorship to take over the production of food, energy and transportation, and to subordinate us like a bunch of serfs will make successful Residencies increasingly difficult. Especially since with the digital identification they will easily interfere with travel, restrict people with lockdowns and 15 minute cities where you're confined to your neighborhood. They've already started it in China. "Your identification, sir!" Without which we will be non-entitues complry.
Have lived in both places, too. Except for the time zone problem, Dubai is overall better. Cleaner streets, more reliable utilities, better restaurants, better music scene, no mosquitoes. Air quality is indeed far superior in Panama. Dubai is too far away to live permanently, so Panama wins by default.
Love the honesty of this interview ! There is no perfect country, Dubai is super safe but some people don't like hiper controlled countries. With digital ID coming is natural some people prefer countries with more relaxed regulations
So....this is not really a video which the "average" Joe wants, when comparing Dubai to Panama. You are interviewing a guy who stays at a 5 star hotel, in two suites, and probably eats out three or 4 times a day everyday, (assuming he has not cooking facilities). How is that a video which captures the benefits, of living in one place or the other, again, from a "laymans" POV?
Great interview with Julien. Dubai really sounds like hell and very strict. Who wants to spend do much money and be treated badly ? Panama sounds so much better if you have a little bit of money. At least, they are more human there.
Julien, don't feel guilty about accents! I love all peoples in a multicultural country like Canada, HOWEVER, I struggle with not easily understanding Indian accents and African accents in English. It's just a fact. Especially over the phone. I am cynical about residencies in general. It seems that the most consistent country on the rules of residency is the Dominican Republic....
This is overdone. As if western expats get out of their bubble to mix with locals to 'feel at home'. As long as you have your job or business you will stay there indefinitely. And if I was the UAE I wouldn't give out permanent residency - the natives are only 13% of the population - no European country would allow this demographic let alone grant citizenship. Heck - Europeans are complaining when 10 to 15% of the population is immigrants.
Great interview and summary, pretty much as I expected Dubai and UAE in general has some advantages but plenty of inconveniences the n areas that aren't issues elsewhere, as for the culture and thinking he's 100% correct there, on the surface there's no obvious crimes but plenty of those desperados with nothing to lose there waiting for the next victim, and yes, the "second class citizens" appear to have next to zero rights in the case of being an innocent victim, if money goes missing from your bank account you have to organize your own investigation with the police and pay the bank for the paperwork for the police to investigate it, as for citizens there they have different rules.
A couple of food delivery transactions, I checked with the company and they said it was ordered and approved with an email address I've never heard of, this happened within a couple of months of opening a bank account there, it had only happened to me once before in 40+ years of banking elsewhere and was sorted out quickly with the help of the bank which took responsibility, no such luck in UAE, you're pretty much left to your own devices.
Panamá was really damaged by the last govt. And most natives being Catholic, fully embraced the official measures, superstition/fear during 2020/2021. Florida and Texas (and anywhere Christian/conservative in the US) were a much better place to be than Panama during those two dystopian years
It must be nice to be able to travel across the world just because you were sick of seeing people trying to protect themselves from a world wide pandemic. I salute you.
I think the stress of Covid definitely changed everything... however after 2021 everything was open. Yes the measures were a mess but it saved peoples lives. Depending of the business and if you want sand vs rain and rainforest.... Panama is the way to go... Dubai is a different thing.... depends on what you really like.
Lol, the comment about Indian accent is exaggerated to say the least. A kid is not going to grow up speaking like Apu from the Simpsons because his grade 4 teacher grew up or studied in India...
Panamá is very expensive for Latam. It has many 1st world amenities and modern infrastructure in the developed areas, but overall still feels third world.
They're also a lot of *them in Canada making life very unbearable. Just for context, imagine renting a car for a day and having a hold of $500 (CAD) for incidentals. Very soon, they'll run Canada like Dubai.
It's not "learnings", but _lessons._ Learning is a mass noun that refers to the _process_ of acquiring information, not to a piece of information that is acquired.
Comparing Dubai with Panama? What a crock of BS. I am Panamanian born and raised. These two are so freaking disconnected from the realities of this country.
Good info but TOTALLY pointless to compare two places that have NOTHING in common, zero! ...both are in overpriced countries, that's the only similarity
Why don't you make a video comparing Panama with the best tax havens? With Andorra, with Switzerland or with the most corrupt, it would be interesting to see that in Panama the orders of a prosecutor or judge are carried out only if it benefits the president or the corrupt government. It is good information
Not a chance and YOU people need to do your homework and speak about all of the despicable, immorality and CORRUPTION, which, goes on there!!! I would Never, sell my soul The Portal to, HELL😮😢😮
Living in Panama for 2 years. Left Canada during the trucker protest....I have zero regrets ling here. My wife and I along with our 2 teenage kids surf and eat healthier than we eve have... Blessed to be in Panama!
Panamá is great. I have been in Panama for 24 years now. I became naturalized as a citizen 10 years ago. I would never live in Dubai. It is a Muslim country. I don't trust them. Spanish is esay to learn. Other languages are more difficult.
You did well. Canada sucks more and more everyday with Trudeau....
Bienvenido
I love the beach and nature. What is the best area to live in Panama?
@@marcusd9192 Coronado is close to Panama City and has many services.
Santa Catalina is nice and remote surf town.
Venao is nice too but has a backpacker vibe and many Israeli tourists, not my jam
"No one cares and you're left alone" reminds me of life here in Serbia as an expat. Excellent interview guys, very much enjoyed hearing about Dubai and Panama.
Facts!
So I am listening as a follower of you both, left Belgium after looking at Julien's formation, and based in Dubai since 2020 (during covid) but kinda critic and soon to try Buenos Aires:
- Prices: Yeah, double or triple
- Pollution: tourist syndrome for you guys. Yes Marina, Downtown are polluted. But if you "live" there, you slowly move to quieter neighborhood, like Damac Hills where I am for example, which comes with huge parks, clean air, etc. Marina is for tourists, no one spends three years there - or should I say "Shouldn't stay three years".
- Indian accent in school is not real tbh. Most teachers in good schools are from the UK/Ireland (I know, I've dated some ;D), but also yeah 3x the price.
- Bank service: yeah
- Guest feeling / get passport: Big yeah, exactly why I'm looking for BA (this and european lifestyle that I miss)
- Guards in Dubai: Yeah, they are bots. Painful.
- "Pros" not mentioned: networking and events industry is huge in Dubai, if its useful for you and your business to land customers its a prime location. Cheap energy. Better for muslims. Food choice is unlimited and there is top quality for each cuisine (may require a bit of research). Last pro, whatever your origin country is, there is a community from your country in Dubai.
- Cons not mentioned: you live among tourists. People never stay for long, some will stay 10 years but from my knowledge of the french community for example, the average stay I noticed was 2-3 years, average the ones trying 6 months and the ones staying 5-6 years.
I appreciate the honest perspective of both countries.
I also used to live in Dubai as a foreigner. In a nutshell, the artificial environment wouldn't be better than the great nature, such as the smell of rain birds singing sound instead of 5 times notification from mosque from 5 a clock in the morning for pray to the God
My Colombian wife and I have spent much time thinking of moving full time to Colombia, and reminders of how absolutely dumb they were regarding the fake flu time period always stops me in my tracks
I moved to Colombia during Covid, because although they have rules, its easy to ignore. Malls were closed but in the barrio everything carried on fine!
Colombia IS NOT Panama, stay where you are or move to Panama.
I still remember you advising me on Panama when I was looking at Dubai. Living here now in the jungle and absolutely love it! So much freedom, super safe, access to modern infrastructure, nature is beyond words and it's still so under the radar. Oh yes, and consistent surf every single day. Thanks again ;)
Thank you Benjamin 🙏 really happy for you ☺️
Which jungle island and surf breaks you using @benjamin
Excellent interview and insights, thank you!
Great video! Just to note ... as for English accents, apparently, according to research, the 3 most preferred English accents are (#1) Australian accent, (#2) the British and (#3) Southern USA. The least favourite English accents are the Indian/Pakistani English accents. So Julien is in the majority on this issue, as am I!
Australian first? Who wrote that list? 😂
(#1) Jamaican English Ancient, (#2) British, (#3) Irish English ancient, (#4) Southern American accent
👍👍 Nice video, i am residing in Dubai from 16 years and i agree with you.
The French business community has for decades done business in the Middle East and Asia. Way moreso than Americans.
why is he renting a suite at 5 star hotel instead of purchasing an apartment?
Because buying locks your money in.. you can use that principal in other investments and live off the profits
Merci for this interview. Much appreciated.
Great interview, thanks!
Both seem like good options for most expats. For Americans though, Puerto Rico seems hard to beat from a tax perspective. Would be great to get your thoughts on this in a future video.
Very interesting comparaison. I love also both countries, but I will choose also Panama for the nature, Shopping is not my goal in life...
Julien in English... that's great, too 😀
Thanks for the video. It would be great if you also interview someone who has experienced living in Panama vs Thailand (Koh Samui or other similar islands), and shed lights on pros & cons just like you did fantastic job on Panama vs Dubai. You just got a new sub! Thanks again!
I lived in Dubai for two years due to work I couldn’t wait to leave it’s not a great place to live
I am Colombian, looking to move my self to Panama, where should I start
@@Stevenssapiens here: thewanderinginvestor.com/services/residency-and-citizenship-by-investment/how-to-obtain-residency-in-panama/
Living in Panamá City, I can confirm (most of) what this Frenchman says.
8k/ month in Panama.... speechless!!!!! Thanks again for the great video and valuable infos!!!!
Yeah .. where is the guy living... and sounds like he dines oit for $50 or 100 a day?
Can you get his restaurant.. cafe list. He would have it wired
Great video 👍🏽👍🏽
Ladislas, the problem now is that we see how countries are being pressured to make things more difficult. For now they dont require extended stays in Panama, but who the hell knows? They could start conditioning even Permanent Residency to spending 30 days or more. Without that they could revoke the residency. Then what? And not just Panama.....any of the Residency countries! It's impossible to rely on any of these current rules. Malaysia changes theirs every Monday and Thursday. In some countries even the office bureaucrats and consulates don't know what's going on....Whew....
It’s a risk yes.
Much less for permanent residents than temporary residents.
And Asia has always been, and always will be, more anti-foreigner than latam
@@TheWanderingInvestor It's so frustrating, because a person can invest in getting residency, and Boom, the government says renewal of Permanent Residency requires 3 months a year in country. And if a person can't do that they lose their PR benefits and maybe the Residency altogether .How can anyone rely on any of these governments? I know I'll be accused of pessimism, but there must be a way of a person protecting their permanent residency by getting an ironclad legal commitment that the conditions of their Residency, EVEN Temporary Residency, cannot be modified if they abide by their original conditions. Otherwise a person could legitimately claim that "had they had these modified conditions originally, they would have never applied for residency"!! Ladislas, could any of your lawyers in any country give us their opinion about this concern?? I think it is more than valid....
Then what? The lesson here is to never be tied to any place or country and for that vote with your wallet. They are the losers potentially, not you. Remember, vote with your feet and especially with your wallet if necessary
@@VacancierPermanent-y5o You have a point IF one's circumstances permit one to move on. However given the Globalists agenda, the power of their dictatorship to take over the production of food, energy and transportation, and to subordinate us like a bunch of serfs will make successful Residencies increasingly difficult. Especially since with the digital identification they will easily interfere with travel, restrict people with lockdowns and 15 minute cities where you're confined to your neighborhood. They've already started it in China. "Your identification, sir!" Without which we will be non-entitues complry.
Great content and the comparisons were enlightening. Thanks
Thank you for highlighting pollution - its one of the reasons I had to leave an otherwise amazing city- Nairobi
Have lived in both places, too. Except for the time zone problem, Dubai is overall better. Cleaner streets, more reliable utilities, better restaurants, better music scene, no mosquitoes. Air quality is indeed far superior in Panama. Dubai is too far away to live permanently, so Panama wins by default.
@@michaelrhodes73 very different places indeed. Objectivebly almost incomparable
Love the honesty of this interview ! There is no perfect country, Dubai is super safe but some people don't like hiper controlled countries. With digital ID coming is natural some people prefer countries with more relaxed regulations
I have residency in both places and I prefer Dubai.
I'm moving to Dubai but I don't know where. What areas do you recommend?
So....this is not really a video which the "average" Joe wants, when comparing Dubai to Panama. You are interviewing a guy who stays at a 5 star hotel, in two suites, and probably eats out three or 4 times a day everyday, (assuming he has not cooking facilities). How is that a video which captures the benefits, of living in one place or the other, again, from a "laymans" POV?
I thought to myself, that guy has rich people problems 😂 Check Panama Relocation tours for real people's advice.
@@Moonblood1808 Exactly, I
Really? Perhaps rich wealthy people shouldn' t express their concepts on social media?
@@tapissershop Yeah, maybe they shouldn’t
But they are talking about another pandemic. So what would one would expect if they do that again in Panama?
@@Cierasoul lockdowns
Panama was relatively open during covid, I went there during this time to get residency
FALSE.
Great interview with Julien. Dubai really sounds like hell and very strict. Who wants to spend do much money and be treated badly ? Panama sounds so much better if you have a little bit of money. At least, they are more human there.
That living room looks familiar, Waldorf Astoria?
😉
Julien, don't feel guilty about accents! I love all peoples in a multicultural country like Canada, HOWEVER, I struggle with not easily understanding Indian accents and African accents in English. It's just a fact. Especially over the phone. I am cynical about residencies in general. It seems that the most consistent country on the rules of residency is the Dominican Republic....
Yeah right but with his French accent apparently you have no problem. You sound biased. Just saying.
@@wholesalepreneur6175 I didn't struggle with Julien's accent and I'm not biased.
@@wholesalepreneur6175 LOL. Yeah his accent is not exactly the best.
Spot on, you always a guest and never home even if you are born there.
This is overdone. As if western expats get out of their bubble to mix with locals to 'feel at home'. As long as you have your job or business you will stay there indefinitely.
And if I was the UAE I wouldn't give out permanent residency - the natives are only 13% of the population - no European country would allow this demographic let alone grant citizenship. Heck - Europeans are complaining when 10 to 15% of the population is immigrants.
Is there a reason you are sitting on a phone book? Good video as usual.
What? Lol
@11nydave he's not sitting on a phone book, he has a great a$$. But I agree great video. 😎
It’s a way of saying you are tall. You always tower over whomever you are taking with.
@@11nydave Okay thanks for the education. However 🍑🔥
Great interview and summary, pretty much as I expected Dubai and UAE in general has some advantages but plenty of inconveniences the n areas that aren't issues elsewhere, as for the culture and thinking he's 100% correct there, on the surface there's no obvious crimes but plenty of those desperados with nothing to lose there waiting for the next victim, and yes, the "second class citizens" appear to have next to zero rights in the case of being an innocent victim, if money goes missing from your bank account you have to organize your own investigation with the police and pay the bank for the paperwork for the police to investigate it, as for citizens there they have different rules.
Money goes missing from the bank account? You can't be serious. Exactly how was money missing?
A couple of food delivery transactions, I checked with the company and they said it was ordered and approved with an email address I've never heard of, this happened within a couple of months of opening a bank account there, it had only happened to me once before in 40+ years of banking elsewhere and was sorted out quickly with the help of the bank which took responsibility, no such luck in UAE, you're pretty much left to your own devices.
Neither, I would go to Belize.
Panamá was really damaged by the last govt. And most natives being Catholic, fully embraced the official measures, superstition/fear during 2020/2021. Florida and Texas (and anywhere Christian/conservative in the US) were a much better place to be than Panama during those two dystopian years
Comparing THE CHURCH, with over 2000 years of history, with evangelist churches in conservative states of the US 😂😂. The audacity
I've been to Panama several times: better to live in BGC/Metro Manila, with English speakers.
It must be nice to be able to travel across the world just because you were sick of seeing people trying to protect themselves from a world wide pandemic. I salute you.
It was nice indeed. Thank you.
I think the stress of Covid definitely changed everything... however after 2021 everything was open. Yes the measures were a mess but it saved peoples lives. Depending of the business and if you want sand vs rain and rainforest.... Panama is the way to go... Dubai is a different thing.... depends on what you really like.
Panamanian who returned to Panama after 15 years.
I'm interested to know how can you spend 8k per month here in Panamá! 😂
One wife ,2 kids , private school , renting appt . How much for you ?
Panama is better for Americans
Go to Dubai please
Lol, the comment about Indian accent is exaggerated to say the least. A kid is not going to grow up speaking like Apu from the Simpsons because his grade 4 teacher grew up or studied in India...
lol. the indian accent comment :DD
Waoo the bots created on february and march of 2023 with spanish names are going crazy on the comment section😂😂😂😂
Annoying. Always on tax haven content…
That's why Julien's expenses are so high ! Because he lives in a luxury suite.
Panamá is very expensive for Latam. It has many 1st world amenities and modern infrastructure in the developed areas, but overall still feels third world.
They're also a lot of *them in Canada making life very unbearable.
Just for context, imagine renting a car for a day and having a hold of $500 (CAD) for incidentals.
Very soon, they'll run Canada like Dubai.
It's not "learnings", but _lessons._ Learning is a mass noun that refers to the _process_ of acquiring information, not to a piece of information that is acquired.
Having a hard time shaking off the corporate talk
@@TheWanderingInvestor I guess it'd be more like a school talk?
Sounds like a horrible life in Panama during Flu-vid....
I was in Panama in 2021, it wasn't that bad, aside from curfew
Just for what happened during COVID, I wouldn't trust them and live there
Should of tried living in any "five eyes" country during COVID, some of them you couldn't get out for years.
Panama
Comparing Dubai with Panama? What a crock of BS. I am Panamanian born and raised. These two are so freaking disconnected from the realities of this country.
no brainer, Dubai is a hellhole.
Good info but TOTALLY pointless to compare two places that have NOTHING in common, zero! ...both are in overpriced countries, that's the only similarity
Ignorant, pointless comment.
Both are tax free countries. Wasn't that the point?
just say lessons instead of learnings and sounding like a corporate drone
Bad habits die hard
Why don't you make a video comparing Panama with the best tax havens? With Andorra, with Switzerland or with the most corrupt, it would be interesting to see that in Panama the orders of a prosecutor or judge are carried out only if it benefits the president or the corrupt government. It is good information
Not a chance and YOU people need to do your homework and speak about all of the despicable, immorality and CORRUPTION, which, goes on there!!!
I would Never, sell my soul The Portal to, HELL😮😢😮
What a strange choice you’ve given us. I look forward to you next video “Which is better: comets or lawn chairs “
If you are not a US citizen you would know that Panama and Dubai both offer zero tax residence
Colonizer mentality
This video like Racists.
Can you find employees to work ?