I’ve been warning people of the risks of hanging all your hopes on any one country… any one economy… or any one currency… for close on 30 years. If everything you own is tied to one country and things go awry there it will likely spell disaster. The smart move is diversification. I’ve established residency […]
After years of setbacks, Europe’s Entry/Exit System (EES) finally launched yesterday, Oct. 12. The EES is an automated IT system that registers non-EU nationals traveling into and across the borders of 29 participating countries for short stays (defined as up to 90 days within any 180-day period). The system collects, records, and stores the information listed […]
In 2020, Barbados introduced its Welcome Stamp, a visa which permits remote workers a one-year stay in the country provided they earn a foreign sourced annual income of at least $50,000. A few months later, Estonia introduced its digital nomad visa. At launch, the visa required holders to have a monthly foreign sourced income of […]
A search of “Paraguay history” in Google returns a list of questions people ask about Paraguay, including: “Which country is Paraguay located in?” Paraguay is its own country. It was wiped almost off the map by Brazil and Argentina during the Triple Alliance War of 1864 and 1870. (Uruguay was the third country in the […]
How do you get started investing in real estate overseas? To borrow a page from Nike’s playbook… You just do it. You take the plunge. You can’t wait until you’re fully prepared and you know everything. Neither of those things will ever be true, and no matter how many overseas property investments you make, you’ll [...]
How many citizenships can one person have at the same time? This is a question I often get at events like my Offshore Wealth Summit. I’ve done various calculations over the years. Being born with multiple citizenships is the easiest way to get them… and also the least likely for most people. Our son was [...]
How do you define “being wealthy”? An offshore attorney I met years ago defined being wealthy as having enough passive income to cover all your monthly expenses. That’s an easy answer, but not as easy a goal to achieve… Rental income can be the perfect passive income… but unfortunately, most U.S. investment professionals don’t know [...]
It looked like 2023 was about to become another 2008. History repeating itself, fifteen years later… You probably watched the news at the time… After three banks collapsed in one week in America—including the second and third-largest banking failures in U.S. history (Silicon Valley Bank and Signature)—the FDIC and the Biden administration stepped in, guaranteeing [...]
I read once about a California couple who found one thousand four hundred $20 gold coins from the mid-1800s buried on their property. The store was estimated to be worth as much as $10 million due to the rarity and quality of some of the coins. The value of the gold alone was about $2 […]
My family and I moved from the United States to Ireland many years ago for personal and business reasons. At the time, I hadn’t even considered the concept of obtaining a second citizenship. In fact, it wasn’t until after my son Jackson was born that the idea of a second citizenship crossed my mind. Jackson [...]
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.
