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Home Retirement/Living

Live, Do Business, And Invest In Panama

Kathleen Peddicord by Kathleen Peddicord
Oct 24, 2010
in Retirement/Living
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A skyline view of Panama City with a red sign saying, "Panama. We're Open For Investment."
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Live, Retire, Do Business, And Invest In Panama

Three-and-a-half centuries ago, Spanish conquistadors in Panama threw their prisoners into dungeons that were part of the sea wall of the Spanish fort in Casco Viejo. It is said that, at high tide, the prisoners often drowned.

We didn’t let this rather grim history get in the way of our enjoying the venue we’d chosen for the final evening of this week’s Live & Invest in Panama Conference. Our 150 conference-goers wandered from the vaulted stone rooms of the former jailhouse-turned-restaurant out onto the Plaza Francia that now fronts it. Next-door today is the National Institute of Culture (where our son’s school puts on its annual Christmas pageant), and across the square is the French Embassy.

All around are swaying palm trees and, beyond them, last night, the Bay of Panama twinkling in the light of a full moon.

After two-and-a-half days in the meeting rooms of the Four Points Sheraton Hotel, our group ventured outside to soak up the charm of a typical tropical evening in Panama. I half-expected to see Graham Greene or Ernest Hemingway, both of whom spent time in this historic corner of Panama City, cross the square in front of us at any moment…

The members of our conference group are off now to see more of Panama for themselves. Some are traveling to the Azuero Sunset Coast to visit Los Islotes…some are driving, others flying inland to Boquete…others are staying on a few more days in Panama City to meet with banker, attorney, real estate, and other contacts they made at this week’s conference, to open bank accounts, to set up corporations, to shop for condos to rent or buy…

Meantime, our Live and Invest Overseas staff, following a whirlwind week, is enjoying a well-deserved day of rest. I’m off now to join them.

More tomorrow…

Kathleen Peddicord

Tags: 'best places to retire in the world''invest in panama''invest overseas''retiring in panama'live overseasretire to Panama
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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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