April 29, 2010
Panama City, Panama
PLUS:
- Panama, Uruguay, And Suriname Positive For Growth, Says Fitch...
- "Thank You From A Man Whose Dream Of Retirement You Have Made Come True"...
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Less Than 2 Days Remaining Before Your Early-bird Discount Expires!
The Early Bird Discount for our Live & Invest in Belize Conference, scheduled for June 21-23 at the Radisson Ft. George Hotel in Belize City, expires after today.
Starting May 1, the price of attendance at this important event will increase US$200 per person.
Come, join me and my top Belize contacts and resources this June for two-and-a-half days for our
Live & Invest in Belize Conference and have every one of your Belize questions answered by people who know from firsthand experience what they're talking about...
But you have only until midnight tonight to take advantage of savings of almost 20% off the usual attendance price. And remember, this is the only Belize program we will hold this year.
Go Here Now To Learn More
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Dear Live and Invest Overseas Reader,
Back in the office in Panama City after a week in the Big Apple, I'm struggling to catch up with everything that's new since I've been away...
First, tomorrow is the final day for the Early Bird Discount for our
Live & Invest in Belize Conference, scheduled for June 21-23 in Belize City. Starting Saturday, May 1, the price of registration increases US$200 per person. If your name is on the Pre-registration List for this event, you're due an additional special discount of US$100 per person. Combine this with the Early Bird Discount and save a total of US$300 per person...again, though, only through Midnight tomorrow night.
Details here.
The Early Bird Discount is also in effect now for our
Live & Invest in France Conference, scheduled for July 22-23 in Paris. Again, this saves you US$200 per person off the cost of registration, and, again, this Early Bird Discount can be combined with other France Conference discounts currently in effect.
More information here.
These are the only Belize and France events we will hold this year, so I urge you to make time in your schedule to join us if at all possible.
Other important news that has greeted me upon my return to the office:
- Overseas Retirement Letter Editor-in-Chief Lynn Mulvihill is back in her native Ireland following her month-long family adventure in Montenegro, with stop-overs in Croatia. Her conclusions? Montenegro is a frontier land of adventure, probably more than the typical overseas retiree is bargaining for. Croatia, on the other hand, is one of the world's top retirement havens right now. We recommend in particular the hill towns of the Istrian peninsula and the capital city of Zagreb, which Lynn will feature in the May issue of Overseas Retirement Letter, in production now...
- Also in production is the May issue of the Panama Letter, which features a comparative guide to the pluses and the minuses of incorporating offshore in the world's premier offshore havens right now. This is our guide to Nevis versus Switzerland versus the BVI versus the Cayman Islands versus Hong Kong versus Panama...and for why, for very particular reasons, Panama comes out on top. Again, if you're not yet a Panama Letter subscriber, become one here now in time to read this comprehensive guide to choosing an offshore haven for incorporation...
Finally, last Friday, resident global real estate investing expert Lief Simon alerted you to a special zero-interest property financing opportunity on the Pacific coast of
Nicaragua available for Live and Invest Overseas readers only.
We've just realized that the follow-up-for-further-information link we included with that special dispatch wasn't functioning properly. As a result, if you inquired for more details on this opportunity to enjoy no-interest financing for your purchase on a golf course at the beach (with only 20% down), your inquiry did not make it through.
Frankly, this is a dream buy, both beach and golf. Plus, you're buying into a fully master-planned, fully turn-key community. And, with this special offer, you're able to secure your future retirement here with a low down payment. The no-build requirement means you're in no rush to build or to take a next step until you're ready.
Full details here. This time, we promise the link works.
Kathleen Peddicord
P.S. While in Manhattan, I accepted an invitation from
U.S. News & World Reports to begin blogging weekly for their new "On Retirement" section, to be launched the first week of June. I'll let you know more as the date of the first blog post approaches.
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Puerto Rico Photography Expedition
Escape to the tropical climate of Puerto Rico with AWAI this May 15-19 and photograph ocean-side castles, festival dancers, colorful Spanish colonial buildings, the lush green leaves and mysterious mists of El Yunque rainforest and more.
You'll be one of just 15 attendees, with TWO professional photographers by your side to capture with your camera all that this beautiful US territory has to offer.
Go Here Now To Learn More and Register
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Fitch Ratings forecasts GDP growth for Latin America as a region of 4% this year.
Fitch ranks three nations in this part of the world as "Positive": Panama, Uruguay, and Suriname.
'"Latin America's economic rebound this year will be underpinned by the still supportive fiscal and monetary policies, favorable domestic demand dynamics, recovery in commodity prices, and resilient external accounts," says Shelly Shetty, Senior Director in Fitch's Sovereign Group.
"Divergence in the individual macroeconomic performance of Latin American countries will continue over the remainder of 2010. Countries with a strong rebound in domestic demand [such as Panama] will lead growth in the region, while sovereigns with trade and/or remittances ties to either the U.S. or to underperforming economies such as Venezuela will lag behind.
"The main credit risks for the region include knock-on effects from a severe disruption in international financial markets; a serious setback to the global economic recovery; a marked slowdown in China, with which Latin America has growing trade and other links; and a significant and sustained fall in commodity prices."
"Kathleen, I am a subscriber to both the
Panama Letter and the
Overseas Retirement Letter. After reading everything you have sent to me, I have contacted Rachael Greco in El Valle and I am about to sign a lease on a nice two-bedroom house in El Valle as soon as she sends it to me. I have also bought your book,
How To Retire Overseas.

This morning through your website I sent an e-mail to
Rainelda Mata-Kelly to ask her help in getting my
pensionado visa application done.
"I cannot tell you how happy and excited I am to be going to Panama on June 2. And it is all thanks to you, Kathleen. I am 64 years old and more than ready to leave the USA for the beauty of life in El Valle. I considered many places to move to, and I plan to rent for a year or two at first to make sure that Panama is exactly right for me. Then I wish to buy my own home there. Maybe even the house I will rent from Rachael, as it is available for sale now, too.
"Again, Kathleen, a very sincere and heart-felt thank you from a man whose dreams of retirement you have made come true."
-- Ray L., United States (for now)