Move to Dubai or Panama? Learnings from Julien who lived in both places

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00:00 Introduction
00:40 Why I left Panama
02:00 Thoughts on Dubai
03:10 Budget in Panama vs budget in Dubai
05:20 Why I left Dubai
07:20 Schools in Dubai vs schools in Panama
08:25 Banking in Panama vs banking in Dubai
11:40 Bureaucracy in Dubai vs freedom in Panama
15:25 Safety in Dubai
17:40 Nature in Panama vs nature in Dubai

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Though Dubai and Panama often appear on similar lists for people wanting to move to low-tax jurisdictions, they are very different.
I had a chat with my friend Julien who lived twice in Panama, and twice in Dubai.
Having lived in the Gulf, I am also very familiar with both places. In lived in Oman for a while, which is a completely under-marketed destination. And I spend of lot of time in Latin America, with Panama being a core base.
We discussed the pros and cons of both destinations.

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No part whatsoever of the discussion and presentation is, or should be considered as, investment advice, financial advice, legal advice, or tax advice. Always do proper due diligence and speak to a qualified professional advisor in your jurisdiction. Also, be advised that Ladislas Maurice and The Wandering Investor staff may own real estate or investments in the specific markets or opportunities that are discussed. The Wandering Investor may also have marketing agreements in place with certain opportunities that are mentioned.