Into The War Zone–On The Ground In Chiang Mai

“Vicki and I arrived in Chiang Mai, Thailand, a few hours ago, Friday morning local time,” writes Intrepid Correspondent Paul Terhorst. “Protesters left their Bangkok camp on Wednesday, but some refused to go home. Instead, they tried to burn down much of Bangkok. The army prevailed overall, but not completely. Random violence quickly spread to other parts of Thailand, including Chiang Mai. “The U.S. Department of State talks of ‘unrest in Bangkok and Chiang Mai’ and says U.S. citizens should ‘defer all travel to Bangkok and defer all non-essential travel to the rest of Thailand.’ “The Thai government has set … Continue reading Into The War Zone–On The Ground In Chiang Mai

Croatia, Dubrovnik pictures

Recently I visited Dubrovnik in Croatia for a networking event – MICE Europe organized by Naseba. Here are some pictures from the event, external activities and the surroundings. As I mentioned in the past, I like very much Naseba’s slogan: “Success is a Choice”. It is awesome! With this occasion I assesed the real estate market from Dubrovnik and I will publish an article in the future about it. Continue reading Croatia, Dubrovnik pictures

Panama again

“Panama’s newly elected president is making a big impression,” writes Editorial Assistant Rebecca Tyre from the Panama capital this morning. “Ricardo Martinelli, of the Democratic Change party, was sworn in as president on July 1 and has so far shocked the entire nation. “He’s been keeping his campaign promises! “Everyone in the country is long familiar with Martinelli’s name. He’s a successful businessman who owns one of the country’s biggest supermarket chains (Super 99). The big idea of his campaign was summed up in his slogan, ‘Other politicians enter politics poor and leave rich.’ He was speaking to the high … Continue reading Panama again

Best Bathing Beaches In South Africa

“South Africans tend to dismiss Port Elizabeth as an ugly auto industrial center and container port,” writes Correspondent Paul Lewis, traveling in that part of the world, “which it is. “But it also has some of South Africa’s finest bathing beaches and is home to its latest and weirdest museum. From the old city center looking out across what is now called Nelson Mandela Bay, you can see little besides the eyesore of the port, while driving in is a journey from one industrial site to another. “But the suburbs of Summerstrand and Humewood are English seaside resorts transported to … Continue reading Best Bathing Beaches In South Africa

It’s Surprisingly Easy To Make This Tropical Paradise Your Home

“Malaysia is a tropical paradise,” writes Correspondent Wendy Justice. “Beautiful islands and beaches, cool mountain retreats, great food, a diverse and multi-ethnic culture, excellent shopping, and a low cost of living…Malaysia has it all. “Plus, the infrastructure and health care are modern and efficient. English is widely spoken. Entertainment ranges from street celebrations to casino gambling, from amusement parks to mountain climbing, from jungle trekking to championship level golf, and from Formula 1 racing to world music festivals and philharmonic orchestra productions. World-renowned diving and snorkeling destinations are never more than a few hours away. “And here’s the cherry on … Continue reading It’s Surprisingly Easy To Make This Tropical Paradise Your Home

Panama City’s Rental Market–What A Difference Two Years Have Made!

“I’m planning to move from the sleepy Panamanian town where I’ve been living for nearly two years, paying US$200 a month to rent a three-bedroom house at the beach,” writes Editorial Assistant Rebecca Tyre, “back to Panama City, where I lived for two years before moving to Las Tablas. “Boy, how the rental market in Panama City has changed in the past two years! “Two years ago, I lived in a three-bedroom, three-bathroom apartment in the heart of the city. This apartment was big–about 140 square meters. I had a balcony that overlooked the tree-lined streets of El Cangrejo. For … Continue reading Panama City’s Rental Market–What A Difference Two Years Have Made!

Two Budgets For Your New Life In Panama

How much does it cost to live in Panama? We take up this cost-of-living question regularly. This time, my point has to do with how much your cost of living can vary within a particular country. Is Panama still a bargain destination? Not really…and you betcha! Our Panama editorial team considers this question regularly and in a real-world way. We live here. We know what it costs. So when we set out to create a detailed budget for Panama, we agreed straightaway that that would be an impossible thing to do. We can’t tell you how much it costs to … Continue reading Two Budgets For Your New Life In Panama

A Good Time To Look At Roatan

“Most of the expats and retirees in Honduras,” explained Correspondent Michael Paladin yesterday, “have flocked either to the north of the mainland, beginning at Copan, variously described as the Athens or the Paris of the Mayan world, or to a few enclaves along the Caribbean coast and the Bay Islands, especially the famed diving island of Roatan. “The current U.S. Ambassador to Honduras estimates that there may be some 3,000 American retirees among Roatan’s population of 30,000-plus. “Roatan is where most of the development in this country has been focused to date, much of it to support the big volume … Continue reading A Good Time To Look At Roatan

One Good Reason To Retire To Honduras

“Here’s a reason to retire to Honduras,” writes Correspondent Michael Paladin: “No one over age 65 can be sent to prison…not for anything. “Here’s another: Obtaining retirement residency is a straightforward matter. Show proof of US$600 a month in income to qualify for the pensionista visa or US$1,000 a month in income to qualify for the rentista visa. “And here are some more: As a foreign retiree resident, you can own real estate free and clear; purchase up to a maximum of three-quarters of an acre, or 3,000 meters, of land; import a car and appliances duty-free; and live very … Continue reading One Good Reason To Retire To Honduras

Nicaragua … why not?

“Kathleen, you write much about Nicaragua as a possibility for retirement,” writes reader David M. from the United States. “I am in agreement for the most part. However, as opposed to Panama, about which you are very frank concerning the downsides, I have not read anything about the problems in Nicaragua. “Most prominent in my mind is the shortage of electricity. The country’s electrical system is a mess. Before the Sandinistas came to power, the electrical system was sold to a Spanish transnational. The last time I was in the country, there were random blackouts, unannounced and sometimes lasting many … Continue reading Nicaragua … why not?

Your Dream Country Home In Italy…From 11,000 Euro

It’s a common dream: Find a tumbledown farmhouse in Italy and renovate it into a dream country home. In some regions of Italy, Abruzzo, for example, the cost can be as tempting as the romantic notion. You can find stone house ruins in this part of the country for US$50,000 and less….sometimes much less. But then what? Unless your plan is to relocate straightaway and to live nearby…you’re faced with the challenges of a long-distance renovation. And, even if you are ready to up-sticks and camp out near your renovation project…are you prepared to become a general contractor overseeing a … Continue reading Your Dream Country Home In Italy…From 11,000 Euro

Best Places To Grow Old

These 10 counties offer retirees comfort and opportunity, but also financial peace of mind. Ed Coghlan’s story is the same as so many others: Over the last year, the North Hills, Calif., owner of a corporate communications firm has seen his retirement accounts dwindle from the low seven figures to the mid-six figures. While Coghlan, 59, isn’t destitute, that decrease does mean that he’ll have to work longer than he expected. “I planned on retiring at 65,” he says. “Now I expect to be working until my 70s.” Coghlan’s not alone. The baby boomers–defined by the Census as those born … Continue reading Best Places To Grow Old