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Expat Life In Panama City

Kathleen Peddicord by Kathleen Peddicord
May 13, 2012
in Retirement/Living
0
El Cangrejo, Panama City, Panama
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“I Don’t Think My Kids Have Enough Money To Pay The Kidnapper’s Ransom!”

Back in Panama City this week after more than a month out of the office, I’m catching up on the news …

Carlos, our contractor in Medellin, reports that the renovation of the apartment we purchased in that city nearly a full year ago is, finally, complete. After 11 months of sometimes daily communication, many gigabytes of e-mailed progress photos, and extended time together on the ground, designing, planning, shopping, choosing, correcting, I’m going to miss Carlos. He has proven himself a professional with vision, experience, and good connections. Should you be considering a renovation project in this City of Flowers, I heartily recommend him.

Meantime, rental management contacts in the city assure us that we should be able to charge the monthly rent Lief would like to charge. Now we have to decide if we want to rent at all. Before we make that final determination, we’re planning a month-long stay, in July. We’ve invited the kids and, as well, family and friends from the States to join us as they can.

“Kathie, the U.S. State Department can’t be doing your business any favors,” one friend from Baltimore wrote this week after I’d invited her to come down to visit us in Medellin in July. “Have you seen what they have to say about that city on their website? I don’t think my kids have enough money to pay the kidnapper’s ransom!”

“You can’t believe everything you read on the Internet,” I replied. “Once you’ve seen Medellin, you’ll understand how absurd the State Department’s warnings are. This city really is one of the most misunderstood on earth right now…”

I’ve invited my mom to come stay with us, too. While she visited often when we were living in Ireland and Paris, she’s yet to travel down to Panama City. My mom suffers from advanced arthritis that is aggravated by heat and humidity, so I’ve understood her reluctance to spend time in one of the world’s steamiest outposts. Medellin, on the other hand, boasts a spring-like climate year-round. My mom is looking into flight connections.

My daughter, Kaitlin, officially launched her new business, started with partner-dad Lief Simon, this week with a launch party at the Radisson Decapolis Thursday night. Her AngloInfo website is part of an international franchise of web-based resources for English-speaking expats, retirees, businesspeople, and travelers in key places of interest and opportunity for folks fitting those descriptions. Panama City sure qualifies. If you’re hatching some live, retire, or invest plan that involves this town, I think you’ll find AngloInfo of use.

Also this week, The New York Times published a great piece on Americans retiring overseas that we appreciated the opportunity to be a part of. Read it here.

Finally, to all moms reading in the States, Happy Mother’s Day. We’re celebrating with a bar-b-que on the patio this afternoon. Lief just returned from the store with the steaks and ribs. I’d better go help unload the car…

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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