How to save money in Panama

Save money by not living there; not getting ripped off as most gringos do, big time.  About a third of the people that buy real estate in Panama get screwed out of their investment:  both the property and the money.  I just met an experienced real estate broker who lives in New Jersey, he bought and lost 12 condominiums (over $1 million dollars) on a real estate deal in Panama.  Unfortunately I can supply you the names of MANY people who have lost hundreds of thousands of dollars in real estate in Panama.  Or lost hundreds of thousands in business ventures.  As a gringo, you will pay higher prices for everything, from one lousy pineapple to legal fees.  Groceries are about 40% higher, electricity is very expensive.  If you want to go live in the jungle without hot water, reliable internet, mosquito screens (almost NO construction has these) or air conditioning; without security gates or guards or a swimming pool.  Just don't buy a house, apt., business or use a lawyer for anything.