Help With Your Relocation To Panama
This Is The Real Value
Oct. 4, 2009
Casco Viejo, Panama
PLUS: Your Retire Overseas Budget Fully Loaded...The Brazilian Town You've Never Heard Of But Should Be Paying Attention To...The Best Place In The World To Start A Business Today...
AND: 25 Most Frequently Asked (And Not So Crazy) Questions About Retiring Overseas...
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Six Days Remaining To Become A Panama Circle Member For US$250!
In deference to the current down financial climate, we're offering something special, something we've never offered before. Our Panama Circle is now accepting new Members. You have until Midnight, Saturday, Oct. 10, to send in your New Member application.
In addition, for the first time ever, as I've explained, you can, during this limited-time New Member enrollment period, arrange to pay for your membership in installments stretched over 18 months.
And here's the important part: If accepted as a New Member, even if you opt to take advantage of this special new Payment Program, you are invited to join us for this month's Global Real Estate Profits Summit as our guest. Like every other Panama Circle Member, you're also invited to bring a friend with you free.
This couldn't be easier. And the opportunities in Panama right now couldn't be bigger.
Full details here.
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Dear Overseas Opportunity Letter Reader,
I startled the two women, running up from behind on the street as I did last night, but I wanted to catch them before they entered their hotel. Julie and her daughter jumped, then smiled when they turned and saw who'd been calling out.
"Kathleen, have you spoken to Marion? Has she told you?"
"No, I haven't spoken with Marion since Friday morning," I said.
"Well, she arranged a meeting for us with the priest at the Fatima Parish Friday afternoon. Marion went with us to translate, because the priest doesn't speak English. Oh, Kathleen, it was just what we were looking for," Julie explained.
Julie and Steven are two Panama Circle Members in the country with their daughter Anna to organize the particulars of their retirement here. Julie, Steven, and Anna are musicians. In the States, they've run a hobby music shop, and, over the years, they've acquired a sizable collection of musical instruments.
They're planning their retirement to Panama, but Julie and Steven aren't looking to "retire." They're keen to launch a new phase of their lives, and they want this new life, like their life back home, to involve music. They want to donate their collection of musical instruments to some group of students in this country, they'd explained to us, and then to volunteer their time to teach the children how to play them.
Julie and Steven had been trying to make a connection on their own for some time, searching on the Internet to find a group interested in their idea.
Then they explained their plan to Marion, Members Liaison for the Panama Circle, and Marion and I remembered the Fatima Parish. This Catholic parish in Casco Viejo runs a small school and focuses its efforts on encouraging the local kids off the streets and into some activity--wood working, car repair, music... The church even has a small recording studio with donated equipment.
"When we told them what we wanted to do," Julie continued, "they took us to their music room. They have a bunch of instruments already, but no one knows how to play them. Anna and I picked up two clarinets and began playing. They were delighted. I could have a full-time job if I want it!
"Really, we can't tell you what this means to us. We return to the States in the morning, but we'll send you an e-mail with all the details. You should tell other readers our story. They should understand. This is the real value of Panama Circle Membership. These connections and contacts that you'd never figure out on your own. Thank you and Marion so much."
Kathleen Peddicord
P.S. What was I doing running up behind unsuspecting people on the street last night? Lief and I happened to be sitting at an out-front table of our favorite local pub, having drinks with friends, when we noticed Julie and Anna walk by. We discovered the Istmo Brew Pub in El Cangrejo when a friend from the States moved into an apartment on the same street. An English pub transplanted to the Tropics, the Istmo has the best neighborhood bar ambience of any place in Panama City. Here's where to find it.
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How Are You Going to Be Able to Afford to Retire?
Seeking and building a new life abroad is not only the most sensible way to approach retirement in the current global market climate...
It's not only the best (maybe the only) way to assure
yourself that your retirement funds will carry you all
the way through retirement...comfortably and even in style...
It's not only the best way to make sure you're able to sleep at night...that you're not kept awake at 3 a.m. by money and budget concerns...
It's also the start of the greatest adventure of your life. The most fun you'll ever have.
The New Retirement Revolution
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P.P.S. What else this week?
- "When it comes to Brazil, everyone's heard of Rio de Janeiro and São Paulo...those 'in the know' have also heard of places like Fortaleza or Recife. But almost no one outside Brazil has heard of Aracaju. It's as off the beaten track as a town of almost 500,000 can be.
"Returning to this spot recently, the biggest surprise for me was the super job they've done developing the beachfront (that is, the area between the beachfront road and the waterline) over the last few years. From one end of the orla to the other are attractive beachfront parks, restaurants, and artisan markets. They've even built nice courts where you can play beach volleyball and soccer and play areas for kids. And along the entire distance is a newly constructed 'boardwalk,' complete with a mosaic walkway, where you can stroll the beachfront safely day or night.
"This modern, attractive beachside park is the key to why I think Aracaju is worth keeping an eye on.
"In other words, the infrastructure that attracts the high-end development is already in place...just waiting for the last of the area's development to reach it..."
- When you plan for your cost of living overseas, you need to consider two budgets--one for the necessities of life (rent, food, utilities, transportation, and entertainment) and another more fully loaded (and including things like cosmetics, wine, Christmas gifts, food for your pet, vacations, etc.). Here's how to break things down...
- "We send you greetings from La Antigua, Guatemala," write new Correspondents Frank and Suzanne Millard, "where we're delighted to report we're now full-time resident retirees.
"The plan began to take shape last December. After living and working the last 35 years in Southern California, we decided to retire. At ages 73 and 74, we were ready finally to cut the cord and said, 'No more work!'
"We had been researching overseas retirement options for about a year, because we knew our Social Security and modest investments would come up short for a retirement in the United States. Mexico and Central America seemed like the logical choices.
"Then we read the issue of Kathleen's Overseas Retirement Letter detailing the virtues of La Antigua. That set us on a path..."
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