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      The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

      Super Cheap

      • Chitré, Panama
      • Santa Marta, Colombia
      • Phuket, Thailand
      • Dumaguete, The Philippines

      Cheap

      • Medellin, Colombia
      • Boquete, Panama
      • Kyrenia, Cyprus
      • Hua Hin, Thailand
      • The Algarve, Portugal

      Affordable

      • Valencia, Spain
      • Cascais, Portugal
      • Las Terrenas, The DR
      • Pisa, Italy
      • La Rochelle, France
      • Mazatlán, Mexico

      Luxury

      • Ambergris Caye, Belize
      • Kotor, Montenegro
      • The Panama City Beaches
      • Paris, France
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      • Home
      • Countries

        Top Destinations:

        Whether you’re looking for fun and sun, a peaceful retirement, or the chance to earn some extra income, you’ve got a real world of opportunity open to you… In short, we’ve done our best to narrow down your best options, but only you can decide the right country for you.

        • Spain
        • Portugal
        • Panama
        • Belize
        • Colombia
        • Cyprus
        • Mexico
        • France
        • Montenegro
        • Browse All Countries

        Best For:

        • The Best Places To Retire
        • Health Care Abroad
        • Cost Of Living
        • Investing in Real Estate
        • Establishing Residency
        • Gun Laws In The World
        • English-Speaking Countries
        • Safest Places For Retirement
        • Best Places In Latin America
      • Budgets

        How Much Will It Cost You To Live Overseas?

        The only honest answer is, we have no idea. And neither does anyone else. The only one who can answer that question is you. Here’s the most important thing to understand about budgeting your new life overseas…

        Super Cheap

        • Chitré, Panama
        • Santa Marta, Colombia
        • Phuket, Thailand
        • Dumaguete, The Philippines

        Cheap

        • Medellin, Colombia
        • Boquete, Panama
        • Kyrenia, Cyprus
        • Hua Hin, Thailand
        • The Algarve, Portugal

        Affordable

        • Valencia, Spain
        • Cascais, Portugal
        • Las Terrenas, The DR
        • Pisa, Italy
        • La Rochelle, France
        • Mazatlán, Mexico

        Luxury

        • Ambergris Caye, Belize
        • Kotor, Montenegro
        • The Panama City Beaches
        • Paris, France
      • Resources

        Global Living

        • Living & Retiring Overseas
        • Raising A Family Abroad
        • Foreign Residency & Citizenship
        • Offshore & Diversification

        Making Money

        • International Real Estate
        • Banking
        • Employment
        • Investing

        Follow Us:

        • Meet Our Experts
      • Real Estate

        Join our Weekly Newsletter
        Overseas Property Alert

        Sign up for our weekly newsletter to receive expert insights on the best international real estate investment opportunities.






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          Buying Real Estate For Cashflow

          • Discover tips and strategies used by global property investing veterans

          Explore Our Latest Posts

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          • How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams
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          • Explore Our Events Site

          Access France Workshop

          International Property Summit

          Caribbean Virtual Conference

          VIRTUAL

          May 15, 2025

          PANAMA CITY, PANAMA

          June 18-20, 2025

          VIRTUAL

          July 17-19, 2025

          LEARN MORE
          LEARN MORE
          LEARN MORE
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          Reach us with your questions by email at: events@liveandinvestoverseas.com

        • Store

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          • Explore Our Store
          Your passport to a life well-lived abroad

          Subscriptions

          overseas living letter offers affordable retirement guidance
          The Simon Letter Wealth Protection Insights
          Global Property Advisor Global Investment Opportunities

          Our Customer Service team is here to assist with any questions or concerns CustomerService@LiveandInvestOverseas.com

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        THE 10 BEST PLACES TO RETIRE IN 2025

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          Home Retirement/Living

          While Away Your Days In Paris

          Why Kathleen Peddicord Chose Panama

          by Kathleen Peddicord
          Feb 12, 2023
          in Retirement/Living
          0 0
          Skyscrapers of Panama City, retirement in Panama

          Adobe Stock/Matyas Rehak

          In 2007, I left the publishing company where I’d been working since the age of 21.

          I thought I was taking early retirement.

          I was 44-years-old, and we were living in Paris. Our 18-year-old daughter was in college in the States, and our 8-year-old son was attending the local French primary school.

          I’d worked every day of the 23 years since I’d finished school, hard.

          I’d moved up the ladder from copy editor to publisher, from employee to partner.

          I’d done breakfast meetings, dinner meetings, board meetings, conference calls, and red-eye flights. I’d opened new offices in new countries, moved entire businesses across continents, launched new divisions, turned around failing ones, hired, fired, and managed growth.

          I was ready for a break.

          If you’re going to do nothing, Paris is the place to do it, I figured, and I thought I was ready to do nothing for a while.

          I developed a routine

          I’d rise early, with young Jackson, ready him for his day, and then walk him the 10 blocks from our apartment to his school. I’d kiss Jackson on the cheek, wave goodbye as I backed out the door of his classroom, then continue out of the building and on down the street for another two blocks to the bistro on the corner.

          One of the greatest delights of Paris is sitting at a bistro table street side, sipping, reading, and watching. I’d choose a table with a view of the park across the way, and I’d order a pot of tea and a tartine with jam. I’d drink the tea, eat my breakfast, read my newspaper, and watch as this corner of Paris got about its day.

          It was autumn. A walk through the heart of historic Paris is one of the best ways in the world to pass your time any time of year; however, exploring this part of this city on foot in autumn, the temperature crisp, leaves crunchy under foot, can be particularly pleasing.

          Although we’d been living in Paris nearly four years and I’d been traveling to this city for more than two decades, I’d had little opportunity in all that time to be a tourist. This was my chance.

          I bought a guidebook, and, each morning, after I’d finished my breakfast, I’d flip through it to find a new destination. Some days, I’d walk all morning, stop for lunch, then continue on until 4 in the afternoon when it was time to collect Jackson from school.

          Other days I’d choose a park or a courtyard or a bench alongside the river and settle in to contemplate.

          I’d watch the city gardeners as they trimmed the hedges and collected the crunchy leaves from the sidewalks… the restaurant staff as they dumped the previous evening’s cases of empty wine bottles into oversized garbage bins, sending out reverberating clatters… the building guardiennes as they polished giant brass door knockers and scrubbed ancient courtyard cobblestones…

          Central Paris is always tidying and sprucing itself up.

          One afternoon, about 3 o’clock, I was sitting in the park behind Jackson’s school, face turned up and eyes closed to enjoy the afternoon sun while I waited for the 4 o’clock bell telling me it was time to walk around the corner to meet Jackson for the walk home. Toddlers ran all around me, calling out to each other and laughing.

          I was in a half-asleep state with the warm sun full on my face, so I couldn’t say how long my friend was there before I realized it, but, finally, I heard my name called out sharply and opened my eyes.

          Emanuela’s face was just in front of mine, and she was looking at me as though I’d gone daft.

          “Kathleen, what in the world are you doing here?” she asked.

          “Waiting for Jackson to finish school,” I replied.

          Emanuela’s daughter Emma was in Jackson’s class. That’s how we’d become friends.

          “But it will be another hour before they’re out for the day,” Emanuela said.

          “You’re just going to sit here and wait for an hour? How long have you been sitting here? Why aren’t you at work?”

          In the four years since we’d met, Emanuela had never known me to while away my time. I was the full-time working mother who missed school meetings and had a full-time au pair who collected my child from school at the end of each day because I never had time to do it myself.

          I wasn’t a pass-the-afternoon-in-the-park mom. I hadn’t spoken with Emanuela since I’d opted out of the working-mother role and transitioned, overnight, to this hang-out-in-the-park one.

          “But why?” she asked incredulously when I explained that I’d retired from my post. “Why would you quit? You loved your job. What have you been doing since you stopped working? You haven’t been sitting here in this park every day, have you?”

          Sitting in a Left Bank park, just off Boulevard St. Germain, is one of the most enjoyable pastimes I can imagine. Still, Emanuela had a point. How many afternoons was I going to fill this way?

          I continued doing nothing in Paris for a few more months… five in total. I remember this as one of the sweetest phases of my life—nothing to do all day and all historic Paris to do it in.

          I traversed the heart of this city on foot, seeing every major and many minor monuments, indulging my interest in classic architecture by inspecting some of the best of it anywhere in the world up-close, and learning, finally, to speak French.

          How Live And Invest Overseas started

          Then, one afternoon, I returned home with Jackson and walked straight into Lief’s home office where he was at work.

          “I’d like to start a publishing group,” I informed my husband. “I think I’ve done nothing long enough.”

          Five months later, Lief, Jackson, and I arrived in Panama City with six overstuffed suitcases and installed ourselves in our Avenida Balboa apartment, the one we’d been renting out but that now, until we could find a bigger place, we’d call home.

          Two weeks after that, my first employee arrived on the scene. Harry took up his place alongside me at the single desk in our little loft space. I began writing daily dispatches like this one… which Harry emailed out to interested readers.

          Live And Invest Overseas was born.

          Sincerely,
          Kathleen Peddicord
          Kathleen Peddicord
          Founding Publisher, Overseas Opportunity Letter

          Tags: 'retirement'architecturebusinessleisureParissight-seeTravel
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          Kathleen Peddicord

          Kathleen Peddicord

          Kathleen Peddicord has reported on opportunities for Americans to live, retire, and do business overseas for 40 years. She has traveled to more than 75 countries, invested in real estate in 24, established businesses in 7, renovated and built properties in 6, and educated her children in 5.

          Kathleen has moved children, staff, enterprises, household goods, and pets from the east coast of the United States to Waterford, Ireland, then to Paris, France, and finally to Panama City, Panama, where she has based her Live And Invest Overseas business. Peddicord and her husband, Lief Simon, now divide their time between Panama and Paris.

          Peddicord was a partner with Agora Publishing’s International Living group for 23 years. She opened, staffed, and operated International Living publishing and real estate marketing offices in Waterford, Ireland; Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France. Peddicord launched Live And Invest Overseas group in 2008 and has built it into a successful multimillion-dollar business. Today, she shares her firsthand experience of expat life with more than 500,000 readers of her publications, including Overseas Opportunity Letter and Overseas Living Letter.

          Kathleen has been featured often in The New York Times, MSNBC, AARP, CNN, Bloomberg, CNBC, and more and writes monthly about expat matters, international real estate, and offshore diversification for Forbes and U.S. News.

          Kathleen has written several books including the memoirs “At Home In Ireland” and “At Home At Los Islotes” and her latest title “At Home Abroad,” all published by Lahardan Books. Her best-selling "How To Retire Overseas: Everything You Need To Know To Live Well (For Less) Abroad” was published by Penguin Random House in 2018 and her “Buying Real Estate Overseas For Cash Flow (And A Better Life)” was published by Wiley in August 2020.

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                HOME

                Top Countries

                • Spain
                • Portugal
                • Panama
                • Belize
                • Colombia
                • Cyprus
                • Mexico
                • France
                • Montenegro

                Best For:

                • Health Care Abroad
                • Retirement Living
                • Cost Of Living
                • Investing in Real Estate
                • Establishing Residency
                • Gun Ownership
                • English Speakers
                • Safety
                BROWSE ALL COUNTRIES

                Budgets

                How Much Will It Cost
                To Live Overseas?

                Super Cheap

                • Chitré, Panama
                • Santa Marta, Colombia
                • Phuket, Thailand
                • Dumaguete, The Philippines

                Cheap

                • Medellin, Colombia
                • Boquete, Panama
                • Kyrenia, Cyprus
                • Hua Hin, Thailand
                • The Algarve, Portugal

                Affordable

                • Valencia, Spain
                • Cascais, Portugal
                • Las Terrenas, The DR
                • Pisa, Italy
                • La Rochelle, France
                • Mazatlán, Mexico

                Luxury

                • Ambergris Caye, Belize
                • Kotor, Montenegro
                • The Panama City Beaches
                • Paris, France

                Resources

                Global Living

                • Living & Retiring Overseas
                • Raising A Family Abroad
                • Foreign Residency & Citizenship
                • Offshore & Diversification

                Making Money

                • International Real Estate
                • Banking
                • Employment
                • Investing
                Meet Our Experts

                Real Estate

                Overseas Property Alert 

                 

                How To Become Independently Wealthy And Fund The Lifestyle Of Your Dreams

                VISIT SITE

                Buying Real Estate For Cashflow

                 

                Discover tips and strategies used by global property investing veterans

                READ MORE

                Explore Our Latest Posts

                 

                Learn how to invest and purchase property abroad…

                EXPLORE

                Conferences

                ACCESS FRANCE WORKSHOP

                VIRTUAL May 15, 2025
                LEARN MORE

                INTERNATIONAL PROPERTY SUMMIT

                PANAMA CITY, PANAMA June 18-20, 2025
                LEARN MORE

                CARIBBEAN VIRTUAL CONFERENCE

                VIRTUAL July 17-19, 2025
                LEARN MORE
                PRE-REGISTER
                MORE EVENTS

                Contact Our Events Team:

                Toll-Free U.S. and Canada:
                1 (888) 627 8834

                From Outside North America:
                1 (443) 599 1221

                Working Hours
                Monday – Friday 08:00 am – 17:00 pm EST.

                Reach us with your questions by email at: events@liveandinvestoverseas.com

                Store

                Overseas Havens Reports

                • Expats' comprehensive destination guides

                Conference Kits

                • Hours of coverage  from our latests conferences

                Lahardan Books

                • Titles on living and investing around the world

                Subscriptions

                • Overseas Living Letter: Affordable Retirement Guidance
                • The Simon Letter: Wealth Protection Insights
                • Global Property Advisor: Global Investment Opportunitites
                VISIT OUR STORE

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                THE 10 BEST PLACES TO RETIRE IN 2025

                FREE REPORT: The 10 Best Places To retire in 2025

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