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Life In Panama City Vs Life In Paris

Starting This Summer, The Best Of The Old World And The New

Kathleen Peddicord by Kathleen Peddicord
Mar 29, 2015
in France, Lifestyle, Panama, Paris
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A reader wrote last week to ask my thoughts on life in Ireland. It’s been nearly 11 years since we sold out, packed up, and moved from Waterford to Paris. At the time, we were eager to put Ireland in our rearview. Now I wish I’d been more aware of all that Irish country life had provided for us. Calling to mind our seven years in Ireland is bittersweet because I don’t remember them as clearly as I’d like.

Lief and I were living in fast forward, building a family and a business at the same time and traveling two weeks out of every four. Photos on my bedroom dresser remind me each morning of the best things about that stage of our lives—the old stone house we worked hard to return to its original Irish Georgian glory, the long, rolling views from its every window, and our kids on horseback in the emerald pastures all around…

As we prepare to shift our home base from Panama City to Paris this summer, I’m trying to remember this lesson and pay attention to the best things about life in Panama.

Hang around anywhere long enough, and you begin to take it for granted. You lose the positives in the downsides, which dominate day-to-day. That was the case for us in Waterford, and, if I’m honest, it is the case now in Panama City. The crazy rush-hour traffic, the challenges of navigating a city that is continually tearing itself up to rebuild newer and bigger, the heat, the humidity… day-to-day, this town is exhausting.

Years from now, though, I don’t think those will be the first things to come to mind when I think back on our Panama City experience.

Alongside those photos of the kids on horseback in the fields around our home in Waterford are shots of them playing on the beach and snorkeling in the ocean in various spots along Panama’s coast, hiking in the hills around El Valle, and zip-lining in the rain forest. Those are the images that, in Paris and beyond, I’ll recall when remembering our years here.

Few places in the world are as dramatically alive as Panama City has been these past seven years we’ve called it home. This city continues to reinvent itself in real time. Witnessing this transition from the inside, a historic time in Panama’s history, has been an opportunity to appreciate and savor.

The other thing we appreciate about being based in Panama City is that it means we’re able to run our business tax-free. That trumps a lot of the day-to-day downsides. We could not have built the business we’ve built in Paris, and I don’t know of anywhere else in the world where we could replicate the team we’ve assembled here in Panama City. We’re in Panama for the long haul… and happily so.

So, this summer, we’re not saying good-bye to Panama, only au revoir. Starting this summer, we won’t be in Paris full time but dividing our time between there and here. We’ll be back in Panama City every few weeks, meaning we’ll be able to enjoy both pretty, romantic, pleasant central Paris and unpredictable, hard-charging, grab-the-future-by-the-shirt-collar Panama City. We’ll have regular doses of charming and challenging and a life of constant contrast.

The best of the Old World and the New. We’re looking forward to it.

Kathleen Peddicord

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Kathleen Peddicord

Kathleen Peddicord

Kathleen Peddicord has covered the live, retire, and do business overseas beat for more than 30 years and is considered the world's foremost authority on these subjects. She has traveled to more than 75 countries, invested in real estate in 21, established businesses in 7, renovated historic properties in 6, and educated her children in 4.

Kathleen has moved children, staff, enterprises, household goods, and pets across three continents, from the East Coast of the United States to Waterford, Ireland... then to Paris, France... next to Panama City, where she has based her Live and Invest Overseas business. Most recently, Kathleen and her husband Lief Simon are dividing their time between Panama and Paris.

Kathleen was a partner with Agora Publishing’s International Living group for 23 years. In that capacity, she opened her first office overseas, in Waterford, Ireland, where she managed a staff of up to 30 employees for more than 10 years. Kathleen also opened, staffed, and operated International Living publishing and real estate marketing offices in Panama City, Panama; Granada, Nicaragua; Roatan, Honduras; San Miguel de Allende, Mexico; Quito, Ecuador; and Paris, France.

Kathleen moved on from her role with Agora in 2007 and launched her Live and Invest Overseas group in 2008. In the years since, she has built Live and Invest Overseas into a successful, recognized, and respected multi-million-dollar business that employs a staff of 35 in Panama City and dozens of writers and other resources around the world.

Kathleen has been quoted by The New York Times, Money magazine, MSNBC, Yahoo Finance, the AARP, and beyond. She has appeared often on radio and television (including Bloomberg and CNBC) and speaks regularly on topics to do with living, retiring, investing, and doing business around the world.

In addition to her own daily e-letter, the Overseas Opportunity Letter, with a circulation of more than 300,000 readers, Kathleen writes regularly for U.S. News & World Report and Forbes.

Her newest book, "How to Retire Overseas: Everything You Need to Know to Live Well (for Less) Abroad," published by Penguin Random House, is the culmination of decades of personal experience living and investing around the world.

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