299: Expat News: Panama’s New President, Millionaires Fleeing The US, and Malaysia’s Hilarious Visa Flop

What is my take on Panama’s new President, José Raúl Mulino? Why are so many millionaires fleeing the US? And what happens when a country vastly overestimates its visa offering?  In this week’s episode, you’ll hear my thoughts on the above and so much more as we dive into the latest stories affecting expats on the latest edition of Expat News!  

TODAY’S EDITION OF EXPAT NEWS:

• Listen in to hear about Malaysia’s bumbled attempt to launch a “Premium Visa Program” - honestly, I am still chuckling over this.
• Find out why the number of American millionaires looking to acquire second residencies and passports has surged in the past four years, including President Biden’s shocking capital gains tax proposal. 
• Hear my thoughts on the election of Panama’s new President, Jose Raul Mulino and how it will affect expats. 
• Free passports?! Learn about El Salvadoran President Nayib Bukele’s offer of free passports to foreign skilled professionals. 
• Tune in to hear about an important upcoming deadline affecting those applying for Caribbean citizenship by investment. 
• Uncover the reasons why Spain is threatening to end its Golden Visa program—yet another reason expats should generally avoid the country as far as Plan B’s go. 
• You’ll be horrified when you hear about Canadian Prime Minister Justin Castro's —er, Justin Trudeau’s—disturbing new speech bill. 
• Learn about an interesting new visa being proposed in Southeast Asia. 
• Hear about the shocking number of Americans who may qualify for Armenia’s citizenship by descent program.
• Lastly, you’ll learn more about Hungary’s upcoming Guest Investor Program.

 

LET ME KNOW WHAT YOU THINK!

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CONCLUSION

I hope you enjoyed this second edition of Expat News. These episodes take a lot of prep work.  Luckily, I have a team of expert researchers here at Expat Money who make sure the most important stories don’t pass me by, allowing me to give you my thoughts right here on the podcast.  Are you a fan of this type of segment? If so, be sure to let us know, and I’ll see you back here next Wednesday for episode 300!

Mentioned in this episode:

No Plan-B Without the Language

If you’re planning to move overseas—or even just set up your offshore Plan-B—learning the local language isn’t optional. It’s protection. It’s access. It’s power. StoryLearning makes it easy to start today, from home, by immersing you in real stories—not grammar drills. Spanish, Portuguese, French, and more—learn the language the smart way before you land. Go to StoryLearningCourses.com.

Story Learning Courses

Gold in the Caribbean—No Bank Can Touch It

Fiat 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/gold

Offshore Gold & Silver

Gold in the Caribbean—No Bank Can Touch It

Fiat 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/gold

Offshore Gold & Silver

Join Me In Panama For Our Next Tour

I have great news. After many meetings and explanations, the Panamanian government has agreed to keep the Investors Visa at a $300k Real Estate investment instead of nearly doubling the amount required, as they said they would. This is a massive win for our community who wants to move to or invest in Panama, but I am not sure how long this will last… If you have been thinking about Panama, then I want to make an invitation to you today. Come join me for a special four-day tour to see if the country I call home is right for you and your family. We have just released the next set of trip dates. You can find out more at ExpatMoney.com/fly. Come visit me and the Expat Money team, get a feel for the country and see if Panama makes sense for investment or as a new home.

Panama Fly'n Buy Real Estate Tour

No Plan-B Without the Language

If you’re planning to move overseas—or even just set up your offshore Plan-B—learning the local language isn’t optional. It’s protection. It’s access. It’s power. StoryLearning makes it easy to start today, from home, by immersing you in real stories—not grammar drills. Spanish, Portuguese, French, and more—learn the language the smart way before you land. Go to StoryLearningCourses.com.

Story Learning Courses