Retire To Puerto Vallarta, Mexico

A Well-Appointed Cosmopolitan Seaside Retirement You Can Afford

April 2, 2012, Puerto Vallarta, Mexico: Puerto Vallarta, Mexico, is home to an expat community that numbers as many as 10,000 who have chosen this city because it offers one of the most affordable well-appointed and cosmopolitan seaside retirement and lifestyle options in the world.

Dear Live and Invest Overseas Reader,

Until the 1950s, Puerto Vallarta was a small fishing village along a spectacular bay on the Pacific, modestly popular among Mexicans as a beach resort. Then, in 1963, John Huston filmed "The Night of the Iguana" in Mismaloya, a seaside village just south of Puerto Vallarta. The film's star, Richard Burton, was involved with actress Elizabeth Taylor at the time. Taylor followed Burton on location...and the paparazzi followed her. Suddenly Puerto Vallarta was all over the news...and on the map as far as Americans were concerned. It's remained there ever since.

Burton and Taylor both eventually bought houses in Puerto Vallarta and attracted other jet-setters there. About this same time, the Mexican government began to invest heavily in infrastructure in the area, including highways, roads, and public utilities, all of which made Puerto Vallarta more accessible and attractive as a tourist destination. Luxury hotels began to spring up, and American tourists, especially from the Western states, began to flock here.

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Starting A Business Overseas

“It’d Be A Shame To Walk Away From This Now”

April 1, 2012, Panama City, Panama: The two keys to success for the entrepreneur abroad are perseverance and perspective.

Also This Week: Seven Critical Questions To Answer Before Planning Your Retirement Overseas…Come Out From Behind The Bullet-Proof Glass…What Is Life Really Like In Panama City?... The Four Most Affordable Neighborhoods In Panama City (That You've Probably Never Heard Of)…

Dear Overseas Opportunity Letter Reader,

While retire overseas is my beat, it's not my personal agenda. I didn't move overseas to retire but to run a business, first for someone else, now for myself.

Some 14 years ago when I left Baltimore, Maryland, headed for Waterford, Ireland, I carried with me clear marching orders from my employer-partner of the time: Establish an office, an EU base.

That long-ago history is on my mind this morning for two reasons. First, I'm flying to Medellin, Colombia, in a few days to spend two weeks focused on making some progress on the book I'm currently writing, which retells my personal experiences living, raising a family, and running various businesses overseas.

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Investing In Real Estate

Trendy Is Transient—Here’s A Far More Powerful Market Indicator

March 30, 2012, Panama City, Panama: Investing in real estate ahead of a trend is too much work and too much risk. You want to invest, instead, ahead of the path of progress.

Dear Live and Invest Overseas Reader,

In my office, on the wall alongside my desk, I have a map of the Caribbean that includes the north coast of South America and much of Central America. The cumulative lengths of coastline represented amount to well over 12,000 miles. Looking at it all, you have to wonder...

What makes one 20-meter stretch of this stuff worth millions...while another can be worthless?

The explanations are varied--sandy beach versus rocky coves versus cliff tops...ease of access...infrastructure and services (electricity, water, a town)...politics and economics (not a lot of demand in Venezuela or Haiti right now)...

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How To Retire Overseas

Seven Critical Questions To Answer Before Planning Your Retirement Overseas

March 29, 2012, Panama City, Panama: At our Retire Overseas Conference in Scottsdale, Arizona, April 30-May 2, our panels of experts and expats will answer the seven most critical questions associated with planning and executing a move to another country.

Dear Live and Invest Overseas Reader,

When we convene in Scottsdale, Arizona, next month with our top experts and expats from around the world for our Retire Overseas Conference, we're going to draw from all the assembled wisdom to address the seven critical questions associated with conceiving, planning, and executing a move to another country.

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Places To Live Well In Panama City

The Four Most Affordable Neighborhoods In Panama City (That You’ve Probably Never Heard Of)

March 28, 2012, Panama City, Panama: These four neighborhoods along Via Tocumen offer the best options and the best value for comfortable, affordable living near Panama City.

Dear Live and Invest Overseas Reader,

"Living in Panama City isn't cheap, not if you're talking about the city center," writes Panama Letter Editor Chris Powers. "Living in popular areas like El Cangrejo, San Francisco, and Costa del Este requires an average budget of no less than US$2,700 per month. And, realistically, you're likely to spend more than that to enjoy a comfortable lifestyle including dining out frequently and filling your pantry with the imported foods you miss from the United States.

"In recent issues of the Panama Letter, I've reported on affordable areas outside the city, but maybe you don't want to live out in the interior of this country. If being near the city is what you desire, but you don't want to pay the price of hanging your hat in Casco Viejo or Punta Pacifica, you must be asking yourself, 'Where do the middle-income locals live?'

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"I particularly appreciated your information today about the joys (?) of international rental property. What I admire is your honest, tell-it-like-it-is approach. A lot of people have been hurt by nothing but glowing reports about offshore living from various sources. Your honest, direct approach is a real service."

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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.

Read more here.

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