The point is that in many cases, 'offshore' isn't about banking and secrecy... it's really about internationalizing your life. It's about taking the best possible advantage of perfectly legal opportunities and structures in other countries that allow you live a better quality of life for less money.
Ask most retired expats why they've moved overseas and you'll get a variety of answers -- many having to do with a more comfortable lifestyle and a lower cost of living. But there's another reason ... and if you're currently on the high-stress, low-relaxation lifestyle path, you may want to read on.
For the potential retiree, Panama offers big and unequaled advantages. There's warm weather year-round and lots of sunshine; a low cost of living that gets lower the farther you travel outside Panama City; and a foreign-resident-friendly tax system, meaning it's possible to live and do business here 100 percent Panama tax-free.