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Is $10k enough to buy an acre and enough fruit trees to live off of in Panama?

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Old 28th September 2009, 01:30 PM
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Originally from usa. Expat in ecuador.
Default Is $10k enough to buy an acre and enough fruit trees to live off of in Panama?

I want to live a self-sufficient life. Would 10k be enough for me to buy a cheap tropical land in Panama (live in a tent there), have spare to buy myself fruits (fruitarian diet) to live on until my fruits are growing (approx. a year)? I know some fruits grow fast like figs and papayas.

Ideally I would never have to work for food. I would get home grown organic fruits to eat without having to buy them.

When my travel Visa times out I could cross the border to a nearby country and come back.

If 10k is not enough how much would be enough? 15k? 20k?
Do you see any thing to worry about in this plan?

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Last edited by Aloysius; 28th September 2009 at 01:36 PM.
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Old 1st October 2009, 02:28 PM
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Originally from usa. Expat in ecuador.
Default How much does a very cheap house or apartment cost

I don't like paying rent so I want to eventually buy a very cheap house in Panama or Ecuador or any other cheap country. How much is the tax like in Panama or Ecuador?

Does it rain enough that you can use a rain-catching device for your water use?

My plan is this: Save enough money to buy a place to live in in Panama or Ecuador (are there many crimes there to worry about?) whether it's my own land where I can plant fruit trees or just a one room apartment (can you buy - not rent - a one room apartment in Panama or Ecuador?)

My plan:
If I buy a land,
I will eat the tropical fruits I grow in the land, while if I buy a house/apartment, I'm thinking of using money earned from out of the country (probably US) to buy food and other things.

Is there a place where there is free internet access in Panama and Ecuador?
In the US Barnes & Noble does.

How much is the tax for foreigners?

I was thinking of either renewing Travel Visa every time it expires by crossing International Border, if getting a permanent residentship is very hard. How do I get permanent residentship in Panama or Ecuador?
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