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Kathleen and I leave in the morning for a month on the road. I called my credit card companies this morning to let them know. I don’t hold out much hope that that effort will have any real effect. My cards will still get cut off; it’s just a question of how often. The credit […]
“I told them the contract is risky, but they invested anyway.” That’s what one of my attorney contacts told me about a recent client experience. He was surprised and even appalled that the client didn’t take his advice and walk away from the investment because he, the attorney, had concerns about some of the contract […]
Most people do little or no estate planning. One story an attorney-friend likes to tell to illustrate the potential extreme consequence of this non-approach is about Elvis Presley. When Elvis died in 1977, his estate was worth US$30 million. Elvis died without an estate plan. He’d simply made a will, in which he left his […]
The euro is on a downward slide that appears likely to continue in the wake of the recent nominal rate cut by the ECB. Unfortunately for me, I just converted U.S. dollars to euros to buy an apartment in Paris at possibly the worst time in the last two-and-a-half years to have made such an […]
Why do so many people, especially so many of my fellow Americans, have such a negative reaction to the idea of living, investing, or even traveling to so many places around the world? Last week a reader emailed us in response to an essay on Ecuador we published to support the launch of our Live […]
A reader got in touch last week to ask about the “new” Puerto Rico tax incentives program that everyone in the offshore world (as well as Forbes magazine) has been chattering about the last few weeks. I responded to explain that, first, I covered the topic last year in my Simon Letter service…and, second, this […]
The super-rich have a growing number of options for obtaining second passports through economic citizenship. These programs are most attractive to the wealthy from countries whose passports don’t allow for much visa-free travel—Russia, China, and the countries of the Middle East, for example. Spending anywhere from US$100,000 to more than US$2 million depending on the […]
About two years ago, I invested in cemetery plots in the UK. Specifically, I bought a 10-plot package and recommended that some of my premium readers do the same. Last week I heard from the agent who brokered the investment. He was contacting me to tell me that the developer behind the offer has received planning […]
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.
