That question was posed to Jackson by one of his cousins while Jack was visiting family in the States last month. The conversation between the two 12-year-olds had to do with Jackson’s summer travel plans. He’d mentioned that we were going to be spending a couple of weeks in Medellin at our apartment there and […]
It Takes Time (And Shortcuts Are Usually Illegal, Expensive, Or Both) Here in Medellin, where we've been hanging out for the past two weeks, it's taken us about a year to go from looking for an apartment to living in one. And that's about how long it takes to put in place the personal infrastructure [...]
Expanding Business Opportunities In Free-Trade Colombia Yesterday morning, while walking along the pedestrianized lanes of Medellin's Avenida Poblada with Kathie and the kids, I wondered out loud why the entire world doesn't live here. The weather's great all year 'round, the city is big enough to offer cultural diversions, there are loads of outdoor activities, [...]
Following The Seasons Last week at our Live and Invest in Panama Conference, many people wondered out loud about Kathie and my ideas for where we'll live long-term. I call the plan "Following the Seasons." Effectively, we'll spend two to four months in four places around the world, enjoying the best months in each location. We [...]
Crisis Buy Opportunities And How To Act On Them The falling markets worldwide are creating crisis buy opportunities for both personal use and investment. But...invest in a piece of real estate in another country? How do you get started? First, understand why you're buying--for investment or for personal use? The answer may not be clear-cut. [...]
FATCA Is Closing In.. The level of concern among Americans seems to be growing as the FATCA implementation deadline draws closer and more people are becoming more aware of the implications and possible consequences of this absurd legislation. The first consequence has to do with the 30% withholding when wiring funds to a non-U.S. bank [...]
"Minimum Essential Coverage"--And How To Avoid it The U.S. government is on a mission to keep Americans and their money from leaving the country. By now, you've heard about FATCA. This Foreign Account Tax Compliance Act, signed in 2010, has yet to take full effect but is already starting to make it more difficult for Americans [...]
I remind you often that you should take action to set up a flag offshore as soon as an opportunity that interests you to do so presents itself. Wait…and the rules can change, meaning the opportunity can disappear. In today’s offshore arena, the only constant is that everything–policies, requirements, restrictions, etc., to do with banking, […]
Foreign Real Estate Is A More Appealing Strategy Than Ever Putting your money into foreign real estate is becoming a more appealing strategy all the time. Real estate has always made sense to me as an asset allocation, but I'm more persuaded today than ever that foreign property should be part of every investment portfolio. [...]
Offshore Living Letter is a publication of Live and Invest Overseas. Our goal is to provide timely, actionable information on all things offshore, including: how to go offshore, diversifying your portfolio, wealth creation, protecting your assets, and much more.
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