Work Less, Play More — in Panama...
By Rochelle Guastella
By Rochelle Guastella
"I
probably work 30% less than I did in the States," says Jesse Schoberg.
"It’s not that I’m getting less done—I’m just more efficient. Besides,
there’s more to life here."
When
Jesse and his wife Laura moved to Panama City they were looking for a
warm climate, a lower cost of living and the adventure of a new culture.
As owners of a web development company, LJ Host, they realized that
they could work from anywhere in the world as long as they had a phone
line and an Internet connection.
"We
had been living in Madison, Wisconsin (we’re from Elkhorn) for eight
years, and while it’s a great town, we wanted a change. We were bored,"
says Jesse.
"We
first visited Panama in 2005 and joked about moving there. But the more
we thought about it the more we realized it ticked all our boxes. In
2008 we spent a month trying out life in Panama City, and we liked it so
much we bought an apartment in the San Francisco neighborhood. That’s
the city center. It is a 1,840-square-foot three-bedroom place with
floor-to-ceiling windows, granite countertops, a maid’s quarters and a
balcony. And it cost just $255,000," Jesse explains.
Living in a city with a lower cost of living increases the couple’s relative income.
Electricity
runs them $100 per month, Internet and mobile phone costs range from
$40 to $170 a month depending on the speed, provider and plan.
One
of the luxuries of living in Panama for Jesse and Laura is having a
full-time maid. "She’s the main reason that we’re able to work more
efficiently. She is amazing, more like a house manager and she makes our
lives much more pleasurable. She cleans the entire house daily, does
the laundry, washes the sheets three times a week, does all the dishes,
cooks fresh breakfasts every morning and as many other meals as we like.
She keeps fresh lemonade in the fridge, does all the grocery shopping
and runs any errands we require. Outsourcing these types of tasks is a
huge timesaver and allows us to stay focused on our work. I don’t ever
want to be without a maid again. You have to be rich to have a maid in
the States, but for $300 to $400 a month in Panama it’s the norm," says
Jesse.
The
proximity of Panama to the U.S. makes it convenient to travel home to
visit family and friends and being in the Eastern Time Zone is a bonus
for business.
And
business is good. Starting out with just a computer and a dream, Jesse
and Laura have built up a global team of web designers and clients.
"When we lived in Madison we positioned ourselves as a web-based company
that doesn’t usually meet its clients in person. So moving the business
to Panama was easy. We run our business primarily via email with the
occasional Skype call mixed in. Many of our clients didn’t even know we
had relocated," Jesse explains.
Doing
business from Panama makes enjoying life easy. "It’s not uncommon to
have an extended lunch with a buddy over a few beers, or call a few
friends to play hooky at the pool any random weekday," says Jesse. The
couple’s free time is spent hanging out poolside, catching a football
game, hitting the movies, and meeting friends for dinner or a few
drinks.
And
there’s a lot to see outside of the city as well. "Anytime we can, we
head out to the beaches on the Pacific coast. There are a lot of good
spots within one- to two-hour’s drive that are great for weekend
getaways. We can also head to the mountains in El Valle (two hours) or
Boquete (six hours) for some refreshing cool air and a different
ambiance.
"We can fly across to Bocas del Toro for a Caribbean island style feeling.
"We can stay there in huts with the indigenous people for $30 per night inclusive or sail on a boat," explains Jesse.
If
you’re planning a move to Panama, Jesse and Laura have some advice for
you. "Visit for a while first. Consider the weather and the culture.
Learn to relax and have patience...lots and lots of it. Understand that
people are late, sometimes very late. The first six months were hard and
after that we got in a groove and never looked back. Our only regret is
that we didn’t do it sooner."
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