Safety & Drug Violence In Medellin

Overcoming A Troubled Past

Jan. 24, 2012, Medellin, Colombia: There is a stark contrast between the world’s image of Medellin, Colombia, and the reality on the ground. The reality is that Medellin, Colombia, is one of the world’s most appealing cities and an emerging top retirement and investment haven.

Dear Live and Invest Overseas Reader,

"I get my information on the Internet, and it is available to you as well, and I am sure you are aware of it. In researching Medellin, I found stats relating to murder rates among the highest in Central/South America, which would be a concern for anyone considering Colombia unless they had been living in a cave..."

Poor Medellin. Will she ever be able to escape her troubled past?

For decades, this city was a drug-cartel capital. Pablo Escobar, the billionaire godfather of the Medellin drug trade, and his drug goons reigned over Medellin, terrifying this good city's other citizens.

Read more...

Retirement In Ecuador vs. Nicaragua

Cuenca V. Granada—Two Of The World’s Cheapest (And Best) Places To Retire Overseas Compared

Jan. 23, 2012, Medellin, Colombia: Cuenca, Ecuador, and Granada, Nicaragua, are two of the finest colonial cities in the Americas, as well as two of the world’s cheapest places to retire.

Dear Live and Invest Overseas Reader,

Earlier this month I explained that this New Year 2012 we'll be investing a lot of virtual ink in the direct comparisons of the world's top retirement, living, and investment locations, each to the others, in an effort to help you work through and understand your best options in the context of your own circumstances.

That same evening, I got an e-mail from Latin America Correspondent Lee Harrison, offering to compare two of his favorite cities, both on our 2012 list of world's best "super-cheap" retirement choices: Cuenca, Ecuador, and Granada, Nicaragua.

Lee is a big fan of both cities and recommends both highly...but for different reasons.

Read more...

Travel-Nightlife In Medellin Colombia

Falling In Love Again With This Lovely City Of Flowers

Jan. 22, 2012, Panama City, Panama: Medellin, Colombia, is one of the world’s most pleasant and appealing cities, offering great weather and lots to do, including lively nightlife in Parque Lleras.

Also This Week: Panama Is #1, But It’s Not Always Best…The Cheapest Place In The World To Retire In 2012…Follow Your Priorities To The New Life Overseas That's Right For You…

Dear Overseas Opportunity Letter Reader,

Kathleen and Lief are en route to Medellin this morning, to prepare for our first-ever Live and Invest in Colombia Conference taking place in that city later this week. Kathleen didn't have time to write something for us before leaving for the airport but suggested that we re-run this brief dispatch written following her second visit to Medellin about a year ago this time...

Sometimes first impressions can be deceiving. So I'd worked hard to keep my expectations in check leading up to this return trip to Medellin. Surely, this city, upon second, closer look, couldn't live up to the rose-colored memory I've cultivated since my first visit a few months ago.

Read more...

Foreign Property Investment

Ignore This Property Investing Due Diligence At Your Own Risk

Jan. 20, 2012, Panama City, Panama: When planning to purchase property overseas in a situation where you’ll become part of a home owners’ association (HOA), you want to carry out due diligence into the management of the property and the financial position of the HOA before making your foreign property investment.

Dear Live and Invest Overseas Reader,

Buying a piece of property in a gated community or an apartment building means that, as an owner, you're going to be part of some kind of home owners' association (HOA). How that association is run will affect not only the value of your property, but also your enjoyment and experience of the place overall. Not all associations are managed the same, and, unfortunately, not all are managed well.

Generally speaking, an owners' association should have a board of directors that oversees an administrator, either an employee or a management service, who deals with day-to-day management of the association and of the building. That team should work together, making decisions jointly.

Read more...

The Overseas Retirement Haven

Follow Your Priorities To The New Life Overseas That's Right For You

Jan. 19, 2012, Panama City, Panama: The key to being happy in a new life overseas is to understand your priorities before making the move.

Dear Live and Invest Overseas Reader,

"On a recent visit in the United States," writes Retirement Planning Correspondent Paul Terhorst, "we ran into our long-time friend Susan. Vicki asked her what was the most important thing that had happened during the past year. Susan replied, 'My pet sheep didn't die.'

"Susan's sheep amounts to a live-in lawnmower, and the little guy had been sick recently. Susan was pleased with the recovery.

"Vicki and I later learned, after chatting a bit with Susan and others, that, during the year, Susan had also built a new house, witnessed the birth of her first grandchild, and gotten a new job.

Read more...

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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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