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With numerous immigration options, including the "My Second Home" program, Indonesia is attractive to many expats. However, tax implications vary, and it may not provide the same level of tax friendliness as other Southeast Asian countries. Digital nomads often favor areas like Bali for their lifestyle and community.
4. Panama
Panama uses the U.S. dollar, which adds a level of stability to its economy. Although it may not have the lowest living costs compared to some Latin American countries, it offers a range of tax benefits for expats, making it a friendly location for long-term stays.
5. Philippines