About the Author

Established in 2008, Live and Invest Overseas is the vision of Publisher Kathleen Peddicord.

Kathleen Peddicord has covered the live and invest overseas beat for more than 25 years and is considered the world's foremost authority on overseas retirement. She has traveled to more than 50 countries, invested in real estate in 17, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

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vnazaire1

A few comments based on my personal experiences : Panama : Costa-Rica has better infrastructure; for diversity of lifestyle, from big city( 500 000 + population) to caribbean beaches , from mountain highlands to Caribbean isles, try Dominican Republic. Nicaragua : NOT the best of Costa-Rica; close to 4th world, friendly people but much poorer than Panama or Costa-Rica. Belize : boring night life if not living on Ambergris Caye, very average restaurants (mostly Chinese), poor taxi service in the evenings, no good grocery stores.

guest

Medellin, Columbia?! You've gotta be kidding me! Foreigners are prime targets for kidnapping and ransom by scores of dif. gangs and rumored that even some police are cooperate with them for$$ as well as do some kidnapping themselves to supplement miserable salaries. Very few if any victims are ever seen alive again even when ransom is paid. Now add the fact that the drug cartels own parts of the city, the country, the government, military and the police and is the largest employer..... this must be a very old article written yrs. ago. My info. comes from a U.S. gov. intel agency and is up to date. I post it here to warn people ag. the information in this article which can be dangerous if taken as reality.

guest

My information comes from personal experience. My husband, my children, and I have traveled to Medellin five times so far this year. And we love it! Here’s my position on published government “intel”—it’s never very intelligent and mostly misleading. It’s written and published to cover the backsides of those who publish it. I’ve had dozens and dozens of experiences over the past two-and-a-half decades where I’ve found myself in the very place where some current government warning is telling people not to go…only to look out my window, walk down the street, and wonder what all the fuss is about. Don’t base your ideas about a place on government warnings and don’t base them on mass media reports. Base them on your own experience. Short of that, base them on the personal experience of someone you trust. You don’t know me…and, therefore, understandably, don’t trust me. But I’m telling you, as a woman, as a mom, Medellin is a completely safe city. Beautiful, interesting, sophisticated, cultured, and safe. You should go see for yourself. Kathleen Peddicord Publisher Live and Invest Overseas

guest

To be honest, I don't agree with your list. Some of your suggestions appear to me, let's say, strange. Specially Medellin, because of the political situation in Columbia, the FARC and the many abductions. Belize, though beautiful (and poor), it has, as you mention yourself, a poor health service, which makes it for me an odd choice for retirement, since it's very likely that retirees belong to the older part of the population with increased health service needs... Regarding France, well, I like France, but I don't agree with your assessment that it's the "World's best developed-world living...". In my opinion Canada, Norway and Sweden is far better. France has the "World's best health care..."? You gotta be kidding me! "World's most beautiful and romantic city..." no doubt, Paris is an incredible and beautiful city, however there are lots of cities around the world competing for this title, therefore I think it is not possible to claim such a thing like "World's most beautiful and romantic city", this is just a stereotype. My suggestions are: Portugal, Turkey, Malta, Spain, Uruguay, Thailand, Cyprus, Goa (India), Kerala (India), Canada.

snyderman

My wife and I just came down from the USA to look around after spending a year on the computer,reading and looking at all different areas.We spent 10 days there and bought in Coronado,having wonderful experiences with all the locals:the most friendly country we have ever been to.

JohnnyD

Tried to live in Panama City, but the cons (traffic, weather, antagonistic attitudes toward gringoes and Colombians) outweighed the pros. Chose El Rodadero (near Santa Marta on the Caribbean). Anyone can buy property. We feel safe here (unlike in Bogota, Cali, or Medellin), and own a condo on the ocean. Good medical care, proximity to food and hardware stores, good dining, and the number of expats is rapidly growing. No earthquakes, hurricanes, tropical storms here. Just beautiful mountains and warm seas. Nicaragua also beautiful but has a long way to go. Costly to become a resident.

guest

El Rodadero ( near Santa Marta) is found in Which Country ? Also, tell us more about your specific adventures in Panama city ?

guest

I am glad to see that Panama is at the top of the list - well deserved in my humble and thoroughly unbiased ( NOT) opinion. I have lived in Boquete for 7 years and it has been an amazing journey. Dianne Heidke www.theboquetehandbook.com

Boone41

Upscale "hood" in Santa Marta, Colombia on the Caribbean side of Colombia.

bintang

Hello, thanks for listing Malaysia my 2.home to your list. After traveling the world for a couple of years in search for the perfect place to live we found it nearly 5 years ago. Only one thing: Malaysia is not a 3.world country anymore. It is called a "tiger state" like Singapore, just before the jump to an industrial nation. We are happy to have the best infrastructure in SE-Asia and English is the 2.language - what makes it really easy for expats here. According to the "global peace index" Malaysia is among the 20 most peaceful countries on the globe - and so beautiful! Greeting from Malaysia!

Ecuadorgeorge

Kathleen, Thanks for a great article. I remember you when you were with IL. Nice to see you doing well out on your own.... I am trying to picture Ecuador in 5 years from now. What is your opinion. Will I still want to be living there or will there be some other new and great place to live??? George (Ecuador George to my friends)

guest

While there are advantages in living overseas, what is most imperative is comfort and communication. It is essential to learn the language if you choose a foreign country. Fortunately, I can speak both French and Spanish. If phone or internet service is not reliable, you will not be happy. I lived in Panama City for a while and found the weather to be unbearable as was the steep cost of real estate and a dirty and crowded city. I have stayed in Nicaragua but if you will need reliable transportation. Foreigners are prey in large cities such as Bogota and Medellin. Smaller villages offer more if they are not too far from shopping centers. The price of gasoline is double that of the USA in many countries. I suggest living in a country for a few months first.

guest

How bad is drug trafficking in Ecuador?

Artistica

Hi...you forgot to mention Italy. ....Italy is cheaper than France. Italy has excellent social medicine and dental. I'm a Canadian and I'm used to the social stuff and I equate it. The only thing in Canada we don't get the dental, or the drugs. The drugs kick in when we're 65. Take care....Artistica

guest

Hi, excellent listing of retirement alternatives. I know most of them, and find the pro's and con's being very accurate. Though, it is difficult to publish a list in 'fit for all' manner. It depends very much on the individual budget and your life style. As I go for tropical climate only, Ecuador, Uruguay, and France aren't any option for me. For example Cuenca, Ecuador, can be a very cold place at times. The slogan of "everlasting spring in Cuenca" is misleading. One thing is sure, it is not an easy decision where to spend your retirement. Vern

sueb4bs

I have lived in South America for 13 years in three countries, Chile, Argentina and now Quito. Equador. I know Chile and love it.. Cannot afford it anymore so I visit my friends there. And many aspects of CHile have changed dramatically in the past 13 years! What is this' nearly Fourth World' characterization of Ecuador in this KP article? EC. certainly is a very tough place to immigrate, and the govt. bureaucracy , banking and other systems are not easy. But the truth is immigrating for each of us involves a huge desire to take risks, doing all of your homework, learning the local language and resiliency and PATIENCE above all with yourself as well as others. As a Chilean artist friend told me " es muy alta, muy bajo' -- I am a woman, psychologist and teacher and it has not been easy here for me. I have been cheated by Ecuadorians ( owed me money for agreed-upon professional services), struggled for 10 months and spent way too much to get my immigration visa, I am practicing language skills daily etc etc.. Lots to learn in the 14 months I have been here. K. P. is a bit of a fraud, IMO -- she used to sell EC as a good, 'cheap' place to immigrate , seems her tune has changed -- "less stable" than what?? and what is "less accessible" about this little country? There is a lot of money to be made by IL types on people's dissatisfaction living wherever they are in the world... Prices are going up here, this is not a "cheap "place to live, only comparatively , it is a developing country and people everywhere in the world want to live like the First World - prices go up, rarely I have seen them go down. If you are willing to immigrate you gotta accept that life is DYNAMIC and change is constant... there ain't no free lunch and no paradise (except in the movie in your mind) The key is wherever you go, there YOU are... if you are happy within, you will have a better chance of adjusting well anywhere you go (even if you repatriate to wherever you came from)-- so open your mind and keep learning!

guyhildebrand

Where in the world does a place exist that has weather like San Diego, California and also: low cost of living, that is safe, has good medical access (I have congestive heart disease), and stable government? I thank you in advance for your honesty. Guy Hildebrand

volcan357

I would agree with Panama being number one although it has gotten more expensive here in recent years. Also Ecuador and Nicaragua would be good choices if you want a place that is cheaper to live. Costa Rica is a beautiful country but is quite a bit more expensive than Panama. I live close to the border with Costa Rica and everybody complains about the prices in Costa Rica. For an American it is nice to be closer to home rather than be somewhere in Asia for example. Perhaps you may want to fly back to use your Medicare? Actually I have lived in Panama so long that I am forgetting what it is like to live somewhere else. Panama City has gotten too expensive and of course too crowded but there are lots of good choices in the Provinces. Chiriqui has always been very popular with many expats and things are cheaper in some of the central provinces. Some people say that Ecuador and Nicaragua are fourth world. That is not true. What has happened is that Panama has changed so it is much more modern and is quite a bit ahead of Ecuador and Nicaragua. Probably more English is spoken in Panama than in Ecuador or Nicaragua. With time however most people learn enough Spanish to meet their needs. For myself I married a Panamanian girl and speak Spanish in the home with her and the kids. I mostly use English for reading which is good because as a written language English is number one in the world.

dcgringo

The people that publish this garbage and suppose to be experts are nothing more than scam artist promoting their own interest. I have lived in Colombia for ten years and seen the worst and best of the country. Colombia is no place for a foreign retiree. Good place to visit in safe areas but having a "Senior Moment" in a place where 90% of the population live on $300 to $500 usd per month is no joke. Lastly, none of these articles talk about the judiciary system in the countries. If you have no justice you have no country, and many Latin American countries have no good justice systems. If you get into trouble in Colombia, either through stupidity or being framed you stay in jail with no food, no water, no change of clothes, no bathing facilities until your court hearing. Forget about Constitutional Rights, Civil Rights, Human Rights, or any rights. Oh yea, most expats have not been to jail in Colombia, nor do they know anyone that has been killed in Colombia, kidnapped, victimized by extortion, etc. I have been through it all including having a hand grenade tossed in my neighbors window. Foreigners are so naive and believe all this stupid stuff written by these so called experts. They create these sites to sell their stuff and lure innocent foreigners to their real estate deals. Colombia, nice place to visit, but stay street smart.

anewday4me

I found a copy of Kathleen's book "How to Retire Overseas" at a local Goodwill store, just to dream a little! However, that dream is quickly becoming a reality, and I need to move this summer. I have chosen Panama, in the Chiriqui Province, to find a long-term rental near David. I have found Kathleen's information VERY seductive, especially where Panama is concerned! I have been researching DAILY all the pros & cons, but still have a couple of questions that I have had NO luck in getting answers to, which are mostly regarding finding out who to trust in being referred to legal, real estate and medical professionals. The first attorney I was referred to was insisting that I file applications to become part of the Friendly Nations Visa, which would require me to link up with a corporation, and this sounds much too complicated for what I need at present. They quoted me well over $6K to complete the visa process. I have received a couple of fairly negative responses from expats who seem incapable of assisting incoming expats, which made me quite nervous. Trusting people to help without taking everything I have is very difficult for me, and I had truly hoped that I would find friendlier people on this site. I am NOT backing down, but just trying to get SOME information before heading down in June. Thank you so much, Kathleen, for your wonderful coverage of the pros and cons of each country. I am still determined to make Panama work for me, as the lifestyle would improve my health many-fold, as well as having the beauty of the beaches and the rainforests all around is a dream!

First Published: Jun 04, 2011