Does anybody here have experience as an expat living in Panama? I've heard good things about the quality of life and tax benefits (for immigrants/expats), plus

Does anybody here have experience as an expat living in Panama? I've heard good things about the quality of life and tax benefits (for immigrants/expats), plus a reasonable cost of living. I wonder if they're accurate, and what impact this rival canal might have on those conditions in the unlikely event it proceeds.