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Listen "116: How To Move To Panama Or Use It As Your Plan-B Residency – Mikkel Thorup"
Episode Synopsis
Today's guest on the Expat Money Show is, well Mikkel Thorup. Who better to talk about the Expat life and How to Move to Panama, than someone who has lived and worked in 9 countries over the last 21 years, and who moved his family 2 years ago to Panama? In today's episode, Mikkel will talk about all of the things you might be thinking of when trying to decide if Panama is the right choice for you.
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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:Gold in the Caribbean—No Bank Can Touch ItFiat 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/goldOffshore Gold & SilverThe Colombia Investment TourThis year, I’m taking a private group to Medellín—Colombia’s most exciting city for offshore opportunity. We’ll dive deep into banking, real estate, and asset protection with Colombia’s top experts. We’ll tour high-growth developments, visit a private reforestation project, and get boots-on-the-ground access to one of Latin America’s fastest-rising economies. This is serious intel—and serious opportunity. Want in? Go to ExpatMoney.com/Colombia. Colombia Tour Nov 30 - Dec 6, 2025Gold in the Caribbean—No Bank Can Touch ItFiat is failing. Banks are cracking. And smart investors are moving their gold...
.
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:Gold in the Caribbean—No Bank Can Touch ItFiat 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/goldOffshore Gold & SilverThe Colombia Investment TourThis year, I’m taking a private group to Medellín—Colombia’s most exciting city for offshore opportunity. We’ll dive deep into banking, real estate, and asset protection with Colombia’s top experts. We’ll tour high-growth developments, visit a private reforestation project, and get boots-on-the-ground access to one of Latin America’s fastest-rising economies. This is serious intel—and serious opportunity. Want in? Go to ExpatMoney.com/Colombia. Colombia Tour Nov 30 - Dec 6, 2025Gold in the Caribbean—No Bank Can Touch ItFiat is failing. Banks are cracking. And smart investors are moving their gold...
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