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.
Author: Lief Simon
21
Mar
Paris Most Expensive And Panama City Cheap? Not In My Experience… A friend sent me a link to a survey on the world’s most expensive places to live… Listed among them was Paris, where Kathleen and I own property and spend part of the year. Our home here is where I’m writing to you from [...]
18
Mar
Where To Find The Best Real Estate Buys In Portugal
Too Late To Profit In Portugal? Broad market statistics show that property prices in Portugal bottomed out in the first quarter of 2015. I bought an apartment in Lagos in the summer of 2015. I could tell you that I’m some kind of savant, but you and I both would know I was lying. The [...]
14
Mar
Find Out Why I’m Looking To Buy More Real Estate In Portugal
The World's #1 Place To Live Or Retire Overseas In 2019 Whether you're looking for a vacation home or thinking about a permanent move overseas, in retirement or earlier on, with a business or a family, you should be looking closely at Portugal. This country has a lot to offer. Portugal offers top options for [...]
11
Mar
Fire Fighting With Los Islotes’ Own Emergency Services Crew
“Pop!” went the bottle of Veuve Clicquot in Kathleen’s hands. She leaned over to fill the flutes on the table then stood up to pass them around. “Congratulations!” she and I bid together to friends Peg and April, the four of us holding our champagne flutes high and clinking.
07
Mar
An Update On Tax Changes And Qualified Opportunity Zones
Qualified Opportunity Zone Tax Breaks—Setting The Record Straight The U.S. tax code is nearly 75,000 pages long. That is to say… U.S. taxes are the most complicated in the world. Tax bills are passed based on political whim and agenda and then the IRS is tasked with drafting detailed regulations to connect the new laws [...]
28
Feb
Find Out The Top 5 Panama Property Markets In 2019
5 Ways To Make Money In Panama In 2019 The death of Panama’s property market has been rumored for the last 10 years at least. Starting in 2003 and continuing through 2008, this country enjoyed a mega construction boom. Then came the crash of real estate markets around the globe. Would-be investors worried about the [...]
25
Feb
How Having A Second Passport Can Increase Your Options
The Trouble With Having A Second Passport I became a dual citizen about 12 years ago after being naturalized in Ireland. For years leading up to that point and for years after, I recommended Ireland as a top choice for obtaining a second passport through residency. Then, in 2011, Ireland changed its residency laws. The [...]
21
Feb
How We Choose An Overseas Property Investment
Why Was This Man Showing His Photos To My Wife? At lunch yesterday, a friend in town for this week’s Live and Invest in Panama Conference broke out his phone and started showing my wife, Kathleen, photos of properties from a Portugal real estate e-letter he gets. The cheapest one was a farmhouse in the countryside on [...]
14
Feb
How To Stay Compliant With Offshore Taxes
Everything The American (And Canadian) Needs To Know About Offshore Taxes This month’s issue of my Simon Letter service features my annual review, overview, and update on taxes for the American abroad. The big change affecting us Americans overseas since my report this time last year is the 2017 tax law that now forces U.S.-controlled [...]
11
Feb
Things To Consider When Investing In Properties Overseas
If you purchase a piece of real estate in another country, should you have the ownership documents issued in your name or, perhaps, in the name of a corporation? If a corporation, should it be a local company (formed in the jurisdiction where you’re purchasing) or one based somewhere else? I get these questions from […]