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Live and Invest Overseas | Publisher Kathleen Peddicord

The Cheapest Place In The World To Retire In 2012

Jan. 18, 2012, Olango Island, Philippines: Cebu and Olango islands, the Philippines, qualify as two of the cheapest places in the world to retire overseas in 2012.

Dear Live and Invest Overseas Reader,

"As I young adult," writes Philippines Correspondent Victoria Clair, "I often dreamed of the kind of place where I would like to live...and it never involved snow storms. I dreamed of a tropical paradise where the sun was almost always shining, it never got cold, and I could swim in the ocean whenever I liked. I dreamed of breakfasting on tropical fruits and of sipping mango lassies while feasting on curry at a beachside restaurant.

"Now these dreams have come true. I live on Olango Island in the Philippines.

"Olango Island lies 5 kilometers east of Mactan Island, between the islands of Cebu and Bohol. Olango and its neighboring islets have a total land mass area of approximately 10 square kilometers (about 4 square miles). It's a tiny tropical dream offering much to explore in the way of natural delights, from sandy beaches and rocky shorelines to beds of sea grass, forests of mangrove, and reefs of coral.

Read more...

Spreading Your Life Around, Country By Country, Flag By Flag

Dec. 15, 2011, Panama City, Panama: The key to surviving and prospering in the current global climate is to internationalize your life, using the Five Flags strategy to diversify globally.

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Dear Live and Invest Overseas Reader,

To diversify your life internationally, as I am most strongly recommending you make a plan to do, you need to take a look at what has traditionally been called the Five Flags approach.

Coining fanciful terminology is a marketing technique, but it also helps to create a shorthand for referring to a concept that can be hard to speak of otherwise. In this case, the "five flags" are residency, citizenship, banking, assets, and business. Some have recently added a sixth flag--cyberspace.

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A Second Residency—All Important And Easy In This Top Retirement Haven

Jan. 17, 2012, Medellin, Colombia: Colombia, one of the world’s top retirement havens, offers a dozen options for establishing foreign residency.

Dear Live and Invest Overseas Reader,

Having a legal residency outside the United States can be like having a strongbox full of cash buried in the back yard. It's not hard to put in place, and the day may come when you're awfully glad you've got it.

Medellin, Colombia, is one of our top recommended lifestyle choices for 2012. As we've been reporting for the past 18 months, this pretty mountain city is emerging as one of the best retirement options worldwide. In past reports, however, we've cautioned that establishing yourself here, specifically, for example, establishing legal foreign residency, may not be as straightforward as it can be in, say, Panama, Belize, or Uruguay.

Contacts in the country, including our attorney, have disagreed, telling us we've got this all wrong.

Read more...

How To Buy Foreign Real Estate With Your IRA

Dec. 17, 2010, Panama City, Panama: It is possible to invest in foreign real estate using IRA or 401k retirement funds. First, you must establish what’s called a “self-directed IRA.”

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Dear Live and Invest Overseas Reader,

Most people understand that buying real estate overseas is a smart part of any asset-protection and diversification plan right now. Unfortunately, though, many people have the majority of their retirement funds and net worth tied up in some kind of retirement account, a 401k or an IRA, for example. And most custodians of these accounts don't allow for "non-traditional" types of investments like foreign real estate.

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The Lights Of Medellin

Dec. 14, 2011, Medellin, Colombia: Medellin, Colombia’s annual Christmas Festival of Lights is something to see.

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Dear Live and Invest Overseas Reader,

Here in Medellin, Christmas seems to be all about the lights. They're draped everywhere--on palm trees, pine trees, lampposts, doorways, highway signs, shop entrances, park benches...

Driving back into the city last night after our day in the mountains in El Retiro, it was like entering fairy land. Parque Poblado is ablaze with strings of white lights, and the river is lined with elaborate recreations of Christmas scenes (reindeer, elves, gingerbread houses) created from lights of every color.

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Kathleen Peddicord's
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The Wall Street Journal says: "If you're thinking about living abroad in retirement, this book is essential reading..."

"Whether you're in the 'what if?' stage, or have graduated to an investigatory visit, or are now seriously intending to live overseas...the book How to Retire Overseas will be one of your essential resources." ---Rapid River Arts & Culture (Asheville, NC)
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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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