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Where Do You Want to Retire to in the World?

Kathleen Peddicord by Kathleen Peddicord
Jan 17, 2013
in Retirement/Living
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The Best Place To Retire Overseas
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What Gets Your Blood Flowing?

“So many choices…what do you suggest?”…wondered one reader yesterday.

If you have a particular agenda, your challenge is mitigated. If yours is a strict and modest budget, for example, you must choose a country where the cost of living is low (Ecuador, Nicaragua, Uruguay, Thailand, and Vietnam qualify).

If you intend to start a business in your new life overseas, then your top choices are entrepreneur-friendly jurisdictions (Panama is the front-runner).

If you have an ongoing health concern, then you can think about moving only to those places that offer top-notch medical care (typically this means sticking close to a city big enough to have international-standard facilities).

If you’re moving with children, international-standard schooling options are the make-or-break issue when it comes to choosing where to retire in the world (Panama and Colombia offer great choices in the Americas).

But what if you’re not limited in any of these ways? What if you’re not restricted by cost of living or health issues or school-aged children or the need (or desire) to start a business and earn a living?

Well, then, you could go anywhere.

And that’s the trouble.

What do I suggest?

“Your Latin America Correspondent Lee Harrison has almost convinced me to choose Uruguay, at least as a first move,” wrote a friend earlier this week. “My father has some relatives in Montevideo, and I’ve made a couple of Internet friends there, so I know a few people already…”

Uruguay is a great example of where to retire in the world.

That’s what I suggest.

Open your mind and cast your net. Read these dispatches (every day!). Join country-specific yahoo groups. Read books by those who’ve done what you’re thinking about doing. (Of course I’d recommend mine, “How To Retire Overseas,” published by Penguin and available on Amazon.)

Explore the possibilities until you find a place that catches your fancy. Friend and part-time Nicaragua expat Jay Snyder explains that he was inexplicably drawn to Central America. The places he read about in that part of the world captured his imagination, and he wanted to know them firsthand.

Friend and full-time Colombia expat Rich Holman says that, after decades of hard work building a career in the United States…then a difficult divorce…Medellin offered him a chance to start over in a place that is friendly, welcoming, lively, interesting, and, important for Rich, bursting with opportunity for the would-be entrepreneur.

Expat friends in Paris moved from the States to Paris years ago (and stayed), because, well, it’s Paris.

Another friend has settled on the west coast of the Azuero peninsula because he likes to fish (and the fishing in that part of Panama is among the best in the world).

When she and her husband launched new lives on Ambergris Caye, Belize, Correspondent Ann Kuffner fulfilled a lifelong dream to live someplace where she could scuba dive every day.

I’ve known artists who were drawn to San Miguel de Allende, Mexico…enthusiasts of the Great Outdoors who chose New Zealand…wine-lovers who settled in Mendoza, Argentina (and love it)…

Intrepid Correspondent Paul Terhorst thrives on exploration and discovery. So he hasn’t settled anywhere. He and his wife Vicki have been perpetual retirees for nearly three decades, moving from country to country and from continent to continent as their wanderlust inspires them.

Likewise, Lief and I don’t think we’d be happy living in any one place for the duration. Our ultimate retirement plan is to follow the seasons each year, moving among the places where we most enjoy spending time (springtime in Paris…summer in Istria, Croatia…September to November in Medellin, Colombia…and on Panama’s Azuero Peninsula during the U.S. winter).

What’s your passion?

If you could fill your days any way you wanted…what would you do? If you could have any view you imagined outside your bedroom window…what would it look like?

Start there.

Kathleen Peddicord

***

Kathleen Peddicord’s New Book “How To Buy Real Estate Overseas” Available Now Pre-Release!

Kathleen Peddicord’s latest book, published by Wiley & Sons, hits bookstores April 8. Starting now, though, you can buy a copy pre-release!

Go here now to place your order for Kathleen Peddicord’s New Book “How To Buy Real Estate Overseas”!

Continue Reading: The Pluses And Minuses Of Banking In Panama

Image source: Jikatu

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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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