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Dec. 22, 2010:

"Kathleen, in general I agree with your main conclusions in your Overseas Retirement Letter report on Medellin, comparing it with Panama City. Volumes could of course be written on the subject, but let me address just a few points.

"In Medellin, one can rent a first-class apartment, well designed and well finished, in several excellent neighborhoods, for considerably less than in Panama City. The result can be big annual savings.

"In Medellin, the restaurant qualities and services are excellent, and there are many upscale restaurants, as well as the 'tipico' places that are in themselves delightful. The prices are generally excellent.

"Regarding the 'gentility' of the taxi drivers, try rush hour in Medellin, and you'll see that the drivers are just as aggressive as anywhere, especially in the downtown area.

"Out in the suburbs, you are right. Things are much less frantic.

"Overall quality of life? Very subjective, of course. But for developing a social life, sophisticated residents, quality of the clubs, restaurants, not to mention a very agreeable climate, and so forth...Medellin, here I come!"

--Ken Latta, United States

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Kathleen Peddicord

Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group. With more than 25 years experience covering this beat, Kathleen reports daily on current opportunities for living, retiring, and investing overseas in her free e-letter.

Her book, How To Retire Overseas—Everything You Need To Know To Live Well Abroad For Less, was recently released by Penguin Books.

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