Beware Black And Gray Market Passports A passport doesn't necessarily mean citizenship. You can obtain citizenship in another country through naturalization... and then, as a citizen, apply for a passport from that country. The other way around doesn't work. I’m talking about what are referred to as grey- and black-market passports. They'll land you in [...]
What “QE4” Means For Global Investors—My #1 Prediction For 2020 Since the Great Recession, every major stock market move has come on the back of a central bank intervention. In March 2009, markets bottomed out when the Federal Reserve announced the massive expansion of its QE1 (quantitative easing) program, and they reached their peaks in [...]
“These French… I Hate These French” Earlier this week, Kathleen had an appointment with her dentist here in Paris. Afterward, she told me that the poor guy spent most of the visit complaining about the situation in France right now. “These French… I hate these French,” he told her. Monsieur Cherel is French himself, of [...]
Year-End Property Portfolio Update I try to update the spreadsheet I use to track all of my real estate investments twice a year… in June and December. This month’s update is timely, as, as I’ve mentioned, I closed on the sale of a property in Portugal in November. I can now formally calculate my IRR [...]
How Diversified Is Perfectly Diversified? Diversification... A concept any investor learns at the beginning of his investing career. It's a straightforward idea. You'd figure most would get it right. Wrong. Unfortunately, most investors don't understand how to achieve proper diversification. Some diversify too little... and some overdo it. I can't tell you how many times [...]
'Tis The Season For Legacy Planning (And Giving) Generational wealth bothers some people, from politicians who want to seize and redistribute it to the super wealthy who don't see the point of leaving everything to their kids. Warren Buffett and Bill Gates are on record stating their kids aren't going to inherit the majority of [...]
Why I’m Cashing Out Of This Market This Week As I mentioned Monday, I closed this week on the sale of my rental property in Portugal. I bought the apartment on my first-ever trip to the country in 2015. A longtime friend and colleague on the ground told me that Portugal was finally coming out [...]
The euro has been bashed since its inception. Now, Hungary’s central bank governor is promoting the idea of European countries being allowed to walk away from it. Hungary is meant to adopt the euro… but its leading banker has cold feet. György Matolcsy says it’s time for all Europe to admit that the euro was a […]
Part of my long-term offshore lifestyle and diversification strategy includes a beach house in Panama at the Los Islotes residential community my wife Kathleen and I have been developing on this country’s western Azuero coast. I’ve been involved in different ways in dozens of developments like Los Islotes in more than two-dozen countries over the past […]
Serious Legacy Upside Kathleen and I were living in Ireland when our son Jackson was born. I wish we could take credit for being impressively strategic in our planning, but the truth is that Waterford just happened to be our home when Jackson arrived on the scene. You could say that this geographic happenstance turned [...]
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.
