I did Spanish by the sea in Bocas del Toro as well. Aida is the jefe there and she is awesome. You can stay in the school which is a great pad or homestay or hotel/hostal stay. great bar life, diving, beaches and wooden boats to take you around the islands. a bit too much english spoken though, but you will probably get that at any beachy place.
also cochabamba and sucre in bolivia are good, and argentina is cheap and high quality at the moment, but the exchange rate is improving so move fast.
Lance
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