Yes you can get your Social Security Cheques de

Yes you can get your Social Security Cheques deposited in Panama.  There is a fee as they are being deposited into a foreign bank account.  On another note you can Self Direct your IRA to an investment in Panama while you wait to retire.  Banking in Panama was once a huge challenge but has become a lot easier in recent years.  I have had two clients as of late that opened up a bank account in less than 24 hours.  All you need are two bank reference letters and proof of income but is some cases proof of income was not necessary but a minimum balance of $1,000 is.