Miami is out and Panama is in
Simon Black, international traveler and investor, has written an article about how investment is and will continue to move out of Miami and seek another home. He list a number of options, but ends up selecting Panama for a many reasons. An interesting article with an interesting take on our world in Panama.
The Capital of Latin America
Simon Black
For Latin Americans, Miami has been a lot of things– the major financial center, the cultural Mecca, prime tourist destination, the business capital, and a symbol of international success.
The city made its riches and opportunities available to all nationalities, reaching the point during the most recent real estate boom where one could become financially successful and never speak a word of English.
Truly, Miami was a frontier island between North and South, sort of a Hong Kong of the Americas, infusing business savvy and capital with cheap labor and an extraordinarily large market.
The fact that Miami is so close to the United States and participated in the US banking system (the world’s #1 tax haven for non-US citizens) was a major benefit to individuals and businesses.
Naturally this is all changing now.
Read the rest of the story at The international Man website.
Email this
Simon Black, international traveler and investor, has written an article about how investment is and will continue to move out of Miami and seek another home. He list a number of options, but ends up selecting Panama for a many reasons. An interesting article with an interesting take on our world in Panama.
The Capital of Latin America
Simon Black
For Latin Americans, Miami has been a lot of things– the major financial center, the cultural Mecca, prime tourist destination, the business capital, and a symbol of international success.
The city made its riches and opportunities available to all nationalities, reaching the point during the most recent real estate boom where one could become financially successful and never speak a word of English.
Truly, Miami was a frontier island between North and South, sort of a Hong Kong of the Americas, infusing business savvy and capital with cheap labor and an extraordinarily large market.
The fact that Miami is so close to the United States and participated in the US banking system (the world’s #1 tax haven for non-US citizens) was a major benefit to individuals and businesses.
Naturally this is all changing now.
Read the rest of the story at The international Man website.
Email this
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