(This information below is provided by our favorite offshore newsletter affiliate, International Living. Get additional information on their publications at www.internationalliving.com)

There's a secret valley... in a small overlooked retirement haven... where wild flowers grow amongst lush green forests... and waterfalls cascade into crystal clear pools... and Spring reigns eternal...

This valley's been hidden from the world for centuries. Not even the locals who live nearby in the old Colonial riverside town knew it existed...
Finally, after centuries of being hidden from the world something unique and exciting has begun in this valley...

The world's most perfect and private retirement refuge is coming to life...

The valley's high walls have provided natural protection for ancient Indian tribes for millennia. Now they're providing security for a new tribe of people a tribe of modern-day pioneers... It's probably the most international retirement community that has ever formed in such a small and private place...
What's more, it lies in a region "Modern Maturity" (the largest consumer magazine in the world, with more than 20 million readers) recently named...

"The Number One retirement destination in the western hemisphere..."

You can now join this new tribe of people and start living like the super rich at only 10 cents on the dollar...

Dear Friend,

The secret's out...

But don't worry... that could be good news for you...

Because we have reason to believe that this undiscovered paradise is about to boom and offer opportunities unprecedented in the world of offshore retirement havens...

In 17 years of searching for paradise I've never seen an opportunity like this. And I'm not the only one who thinks so...

You'll be shocked when I reveal to you the name of this country and completely amazed at the number of unrivalled benefits available here... You'll wonder how this retirement paradise has been kept secret for so long...

But you'll understand why in just a moment... and I hope you'll realize that now is truly one of the great times to get in early on this emerging destination. Unique circumstances have worked together to keep this place secret from the mainstream press and the average tourist for over a decade now. Most people, until recently, have ignored it even those that thought they were getting a much better deal right next door. But all that is about to change...

The popular press is already getting wind of how great this place is... and of the enormous potential up ahead in the short years to come. Plus the government has begun a plan to put this small overlooked country on the tourist and world map.

An unrivalled number of benefits...

We know of no other country in the worldright now, that put simply, offers a better deal. There are investment opportunities... magical retirement opportunities... bargain property deals... powerful tax incentives... offshore banking possibilities... attractive government incentive programs... tax-free business opportunities... and more...

For example, you can:

• Purchase raw land for as little as $538 an acre... (and it's just minutes away from the beautiful secret valley I described at the beginning of this letter. More about this later...)
• Access U.S. style infrastructure and services and products including fast Internet connections and cable TV but at 25-90% of the cost you might be paying now. (That's almost unheard of in an emerging destination).
• Open an offshore bank account in one of the last few remaining truly private offshore havens (80 multinational full-service banks have their offices here!)
• Buy a brand new car every two years duty-free!
• Rent a house in the hills for just $250 a month... or a riverside townhouse with gardens for $350...
• Enjoy extraordinary adventures... through uncharted jungles, steamy cloud forests and some of the most vast, rich and complex rainforests on the planet (home to over 940 recorded bird species and 105 endangered species)... canoe into rural untouched native villages... go on white water rafting expeditions... ride a horse through exquisite lush green valleys and along miles of deserted palm-lined beaches... ski, surf, swim, dive in spectacular Caribbean waters... All this, and more--yet few even consider it as an adventure destination even though Porthole Cruise Magazine recently declared it the "Best Adventure Destination of the Year".
• Rake in tax-free profits in any approved tourism related business. It's an undiscovered adventure wonderland... with almost limitless possibilities. You could start an eco or adventure tour company... a charter dive operation... a bed and breakfast... develop commercial property, restaurants, hotels... and the government will give you benefits to boot...
• Purchase some of the most beautiful and affordable beachfront property in all the Caribbean (lots for as little as $25,000)...
• Enjoy minimal government regulations... a rich and unique culture... warm weather... warm, friendly people... and hurricane-free Caribbean living...

Add to that a series of great visa programs that make it very easy and extremely affordable for retirees, investors and entrepreneurs to come and settle here... and you've got the ingredients for...

"The world's next great retirement destination"

This exotic dream is not just for the super rich. Anyone with even a modest retirement nest egg can seize this dream, and seize these marvellous opportunities even get rich from them...

I'm talking about Panama and some of her undiscovered idyllic regions: like Boquete, Bocas and the unspoiled beaches on the Pacific Coast...

Due to political dramas in the late eighties the world has largely ignored Panama deeming it too dangerous. Nothing could be further from the truth. To set the record straight. The dictator, General Manuel Noriega and his corrupt self-serving government have been out of power for more than a decade now.

That's what makes Panama so interesting, particularly now. Nobody's scrutinizing it. It's largely undiscovered. It's recent dramatic history has kept people away and created one of the most exciting and unique opportunities in years.

Furthermore, despite what you may read in the mainstream press, Panama's economic performance is, almost every year, better than that of just about every other country in Latin America. In fact, over the past 40 years, the country's inflation rate has averaged less than 2% per year... that's simply unheard of south of the United States. This country is an anomaly in Central America.

Panama is a liberal, free country with all the advantages of tropical Caribbean living but few of the disadvantages. For example the roads are almost pot-hole free... it's out of the hurricane belt (in fact it's barely even experienced fast winds in the last century)... it has state-of-the-art infrastructure and services... fast Internet access... cable TV... access to U.S. style products and services... excellent healthcare...

In many of last decade's great retirement havens (like Belize, Honduras, Costa Rica)... expats had to sacrifice a number of these things... But because of Panama's strategic location, its U.S. influence and its famous canal, Panama offers state-of-the-art benefits usually only available in 1st world countries.

"Retiring here is not an expense, it's an investment. The place is poised to boom..."

International Living investigated 29 countries in our annual retirement index. We weighed up cost of living, special benefit programs, property, safety, infrastructure, climate, culture, and Panama came out Number One. That's a pretty impressive performance. And it's not only us that's singing its praises.

A recent article in Harper's Bazaar claimed that: "Panama is the most beautiful retreat in the world and almost undiscovered".

The Boston Globe called it "...an undiscovered tourist paradise".

The Los Angeles Times, The New York Times, and National Geographic have also published long travel articles praising the undiscovered delights Panama has to offer.

And look at the recognition Panama's got from various agencies around the world:

• The Tripartite Committee ranked it Number One in the region for low cost of living.
• Political Risk Services named Panama one of the top three countries in the hemisphere for best-risk investments.
• According to Canada's Fraser Institute, Panama is at the top of the list of the world's freest economies, ranked eighth with Australia, Ireland, the Netherlands, and Luxembourg.
• The Pinkerton Global Intelligence Agency recently gave Panama it's highest rating for tourist safety.

The new Costa Rica, yet at one fifth of the price... and with so much more to offer...

Panama is setting itself up as the New Costa Rica. It has put together the most appealing program of special benefits for foreign residents and retirees you'll find anywhere in the world today.

Now, you may be thinking: "Pensioner? Retiree? That leaves me out". Think again. Because the rules for becoming a "pensioner" and qualifying for this visa program in Panama are probably not what you expect.

In fact, anyone over the age of 18 may apply and can qualify as a "pensionado" in Panama. All you need is a guaranteed pension income of only $500 per month ($600 per month for a couple). It must be a pension from a government agency (e.g. social security, disability, armed forces etc.) or from a company. As a qualified pensionado/retiree, you will be entitled to significant discounts off the already mercifully low costs of living in Panama, including: 50% off entertainment anywhere in the country; 30% off bus, boat, and train fares; 25% off airline tickets; 50% off hotel stays (Monday through Thursday); 25% off restaurants; 10% off prescription medicines; 20% off doctor's consultations; 15% off dental and eye exams; 20% off professional and technical services; 50% off closing costs for home loans and more...

All this, and you can retire at age 18!

Retire in Paradise at 30... 20... (even 10 cents) on the Dollar!
Cost of Living: Boca Raton, Florida Vs Boquete, Panama
	Boca Raton	Boquete
Average price for 2500 sq foot home	$350,000	$150,000
Approximate starting prices for raw land (per acre)	$25,000	$1,000
Unskilled labor (per day)	$48	$6.40
Full-time, live-in maid (per month)	$1,000	$120
A beer at a bar	$4	35 cents
A cup of coffee at a café	$3	30 cents
A Man's Haircut	$15	$1
Annual Water Bill	$180	$18
Internet Access	$15	$15
Cable TV	$30	$30
Annual property taxes (on 2,500 sq ft home)	$5,250	Nil

The best residency deal in the world today

The visa process is also very simple. It's a one-time application. There are no renewals and no additional fees. Other residency programs require you to file a renewal each year. This involves time, hassle and mandatory additional fees. In Panama you can apply today for no more than a few thousand dollars and have residency for life. Your visa only takes about a month. It's fast. It's affordable. It's easy.

Panama is truly one of the best, if not the best residency deal in the world today. For the price the benefits are incomparable. Not to mention the extraordinary opportunity to be a pioneer in this decade's great retirement haven. We expect property prices to continue their rapid climb here as they did in Costa Rica when they introduced their famed Pensionado Program. It is a great chance to get in on the ground floor at an incredibly low price on what we believe to be the number one retirement haven of the decade.

That's why International Living took the plunge and set up an office here... And we employed Greg Geurin, a financial analyst from Chicago to run it. That was three years ago now. A lot has changed in that short time... which is why we've got Greg and a team of his contacts and friends in Panama to put together a brand new and completely revised Owner's Manual for Panama.

How to profit from the enormous opportunities available in Panama today...

The Owner's Manual is the kind of introduction to a new destination that every traveler or investor longs for but rarely gets. You'll get the benefits of having an immediate group of friends and some of the country's most valuable contacts at your service... ready to give you a warm welcome and do what they can to make your stay in Panama the kind of stay that the average tourist could only hope for.

You'll find no other product like it anywhere in the world...

You'll get to explore Panama in a way that the average tourist or travel guide reader would never be able to. You'll find out hundreds of important and valuable bits of information that you simply couldn't find in any other publication, and that would be almost impossible to collect on your own.

Everything you need to retire... obtain a residence or investment visa--even a Panamanian passport is in the Owner's Manual...

• How to apply for Panama's first-class and increasingly popular pensionado visa program. And even if you don't qualify under the pensionado visa program, don't worry. The Panama Owner's Manual will introduce you to many other extremely affordable and attractive programs you may qualify under. For instance, you can invest $40,000 in a government-approved project and within five years be eligible for a Panamanian passport. Or, with as little as a $10,000 investment you can start up your own business and gain residency.
• Discover Panama's Secret Shangri-La. This hidden valley sits in Panama's lush and beautiful highland region. You take a ten minute walk from the nearby picture perfect riverside town... and you pass through a narrow passage and beyond you'll gasp with amazement as you enter a real secret Shangri-La... with it's own micro-climate... where spring reigns eternal. The valley sits in an area Modern Maturity Magazine named the 'number one retirement destination in the western hemisphere'. Property is still incredibly cheap. I saw a property recently advertised for as little as $538 an acre. But the secret's out... and property prices have already begun to rise. Now is the time to get in.
• Learn how to use Panama as an Offshore Money Haven. Open a truly private bank account... set up an offshore corporation, trust or private foundation and take advantage of privacy, tax and asset protection benefits... You'll get the names and full contact details of banks, advisors, lawyers...
• Find out the best area to buy property in Panama City right now. You can pick up a two-story townhouse in one of the most beautiful neighborhoods for just $25,000. It's adjacent to the rainforest and is lush, green and tropical. We expect these properties to be worth two or three times their current values in the next few years.
• Reap tax-free profits in Colonial Casco Viejo. Find out about the enormous investment incentives you'll get if you buy property in Panama City's Casco Viejo. This forgotten treasure of a neighborhood was once the cultural and political center of Panama City. UNESCO has recently declared it a World Heritage Site. It sits out on the bay and is currently undergoing a great new renaissance... We'll show you ways to profit from this neighborhood poised to boom. It's an urban investor's dream!
• Meet other readers who fell in love with Panama... it's beaches... it's highlands. You'll hear how Panama--a country they never even considered retiring to or moving to--quickly seduced them. How they moved from other great retirement havens like Costa Rica, Roatan, Costa del Sol, Provence, Mexico to live here and they've never looked back...
• Discover Panama's booming Free Trade Zone, it's not just for big business! Panama's Colon Free Zone is one of the best places in the world from which to export, due to its strategic position as a telecommunications and transportation hub. You'll find out why this economic miracle is the second largest free zone in the world, next only to Hong Kong. However, it's mostly used by big business. Few realize that all the powerful benefits of the zone can just as easily be enjoyed by small businesses as well... we'll show you how... You'll learn the easiest and most economical way to set up shop in the free zone... We'll show you how to profit from the incredible tax incentives. You won't have to put a cent toward capital investment costs or overheads... and it can all be done with very few hassles...
• Explore Panama's wild and untamed jungles... watch Jaguar's and Puma's prowl just 40 minutes from the nation's capital... visit Taboga 'the Island of Flowers' that has no cars... swim, surf, jet-ski and boat along the beautiful shores of Coronado, Gorgona, Corona, and Santa Clara... go and see the howler monkeys on Monkey Island... explore historic ruins of the colonial era... dive for Sir Francis Drake's lead coffin (supposedly buried at sea near Portobello Bay)... see the rainforest in an aerial tram... discover the remote and mysterious forests of the Darien region right on the border of Columbia (where the roads just stop about a half hour before the border like you've reached the end of civilization)... come nose to nose with a red-napped tamarind monkey or a trio of colourful toucans...
• Get the lowdown on Greg's favorite restaurants: Café de Asis along the Plaza Bolivar... the Bristol Hotel... Madame Chang'sun, where you can enjoy the best Chinese food outside China... Mi Ranchito's along the Embassador's Causeway where you can enjoy the best view in town...
• Explore glorious coastlines and hundreds of unspoiled tropical islands. Find out the best and most affordable places to buy beachfront property right now in Panama. On some coastal areas of Panama where big tourist developments have begun property prices have already sky-rocketed. Lots that once could be bought for $50,000 are now multimillion-dollar properties with palatial mansions on them. But don't worry there are plenty of areas still yet to boom. Dozens of beaches waiting to be discovered. We'll show you where...

Now is the time to get in!

A new Panama dawns. And it is positioned to become the number one retirement destination of the decade.

We expect a great new renaissance in Panama over the next few years... as new investments pour into the economy. Plus the Panamanian government has started a program to promote itself as a tourist destination... and the country, as mentioned earlier, is already getting attention in the popular press. Plus it's banking sector, technology parks, transport infrastructure, booming free zone, new ports and improved canal are all working together to make Panama a great destination for future investment.

Start exploring this burgeoning new haven today. Your Panama Owner's Manual will be your guide.

You can purchase The New Panama Owner's Manual, completely updated and revised, for just $79.

But please understand that your purchase of the Owner's Manual is just the beginning of the adventure and the benefits you'll receive.

You'll also get Greg's Geurin's monthly e-letter coming straight from Panama City called Panama Insider. The Panama Insider will keep you up-to-date with Panama's latest property bargains, it's emerging destinations, new laws and the many new opportunities arising in Panama today.

Plus you'll also get the assistance and the friendship of a fellow expatriate who's already chosen Panama as his retirement and business haven. Greg Geurin is there to be your full-time guide. He's available to help you long after you've purchased and got the most out of your Owner's Manual. Any question any request you might have just get on the phone and give Greg a call. He's been helping readers move and set up in Panama for three years now. He can organize your travel... introduce you to real estate agents... fax you the latest property listings...

He loves introducing readers to his newly adopted country. If you need a late night pharmacy... an emergency prescription... Spanish lessons... restaurant recommendations... hotel recommendations Greg's there to give them to you.

Review Panama today completely risk-free!

We're so confident that you'll be seduced by all Panama has to offer that we are giving you a special lifetime guarantee on the Panama Owner's Manual. You can take as long as you like to explore Panama and all she has to offer. If after exploring her delights you decide that Panama is not the place for you then return the manual and we'll give you your money back no questions asked.

Special introductory offer

I will give you this chance to order the Panama Owner's Manual at a specially discounted rate. You can take $10 off the regular price so the manual will cost you only $69. All you need do is just follow the link at the bottom of this letter.

And remember you're buying much more than a guide, you're buying a team of valuable contacts and friends who can help make your exploration of Panama personal, unique and maybe even life changing.

Sincerely,

Kathleen Peddicord
Publisher, International Living

P.S. In 1980 when Costa Rica introduced its famed pensionado program... foreign retirees swooped in... and property prices soared. Back then you could buy beachfront lots for as little as $10,000. The same lots are valued today at around $250,000 and beyond. And now two decades later, the same thing is happening right next door. And this is your chance to get in before the crowd. It's incredible that this paradise more beautiful and with so much more to offer than its neighbour has been kept secret for so long. You can be one of the original pioneers in what is poised to be this decade's next great retirement destination. But you'll have to be quick because the secret's out! And with everything going on in America today... terrorism, war, Wall Street scandals, stock market and real estate bubbles more and more people are seeking better, safer, more profitable opportunities oversees. Don't miss out on this extraordinary opportunity...