Timber as an investment holds a special place on any risk/reward chart. The volatility of stocks and bonds creates uncertainty. Timber, on the other hand, is a steady bet.
It’s also a long-term investment. Trees need time to grow. If you’re willing to wait it out, though, timber’s annualized returns generally rival or better those from stocks… without the roller-coaster experience of the stock market.
Historically, teak has been the tree of choice among individual investors looking to make an investment in timber. Teak wood is always in demand. However, the growth cycle for teak from planting to full harvest is at least 20 to 25 years. Give any investor the choice, and he’ll opt for a shorter holding period.
As a result, both investors and timber companies have been looking at other tree options. Uruguay grows a lot of eucalyptus, which is harvested at about 12 years and enjoys a strong demand from large local paper mills.
Europe has begun encouraging robinia and paulownia plantations, as the wood from these trees is in demand for outdoor furniture, fence posts, and biomass to feed electrical plants, among other uses. The good news for investors is that both can be harvested …Continue Reading
When I sat down with my conference team to put together our 2016 calendar of events, the Dominican Republic was at the top of my list of destinations I wanted to be sure we included.
Why the Dominican Republic in 2016?
In short, the answer is that this island nation is your best option for an affordable life in the Caribbean and one of the best places in the world right now to invest in a rental property, both because of the growing demand and also because the property market is undervalued. In some places, you can buy a rentable one-bedroom apartment for as little as US$50,000.
Another reason to be looking at the Dominican Republic right now is its approach to residency. You don’t have to live in the country to be a resident and enjoy the associated benefits, making this a great backup residency option.
Furthermore, while officially you’re required to have two years of permanent residency before you’re eligible to apply for naturalization in the Dominican Republic, the country is keen to attract foreign investors and residents and so is allowing applications for naturalization after just six months of permanent residency. The naturalization process used to take seven years; it’s currently taking a year-and-a-half. Again, this country is very eager to attract foreign investment dollars.
Here are answers to frequently asked Dominican Republic questions to help you consider and process the investment, residency, citizenship, and other opportunities on offer in this sand-fringed jurisdiction…
Q: Do you have to be a resident to open a bank account?
Q: Is there a minimum deposit requirement when opening a bank account?
A: No, not always. Depends on the bank.
Q: Where is the Dominican Republic in relation to FATCA? Are banks compliant?
A: Yes, some banks are compliant. This is an evolving situation here, as …Continue Reading