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Last week I took my own advice and obtained a backup residency. I’ve chosen to take this step in the Dominican Republic, where I’d been assured that establishing residency can be a straightforward process. I decided to test the theory and find out for myself. I can tell you now that I wasn’t oversold. This […]
Four hotels, 11 specialty restaurants, 22 bars, 7 pools, 3 spas, 5 tennis courts, a basketball court, a beach club, and a shopping center… Plus, a championship 18-hole, par-72 golf course, as well as an executive 9-hole, par-27 course, both designed by Robert Trent Jones II. In terms of amenities and infrastructure, Bahia Principe Residences […]
One of the first buyers at Los Islotes, the beachfront community Lief and I are developing on Panama’s Azuero Sunset Coast, was a man named John. John had two children and a long-term girlfriend, but he came down to visit the property on his own. John was in his early 70s. Los Islotes was just […]
From 2003 to 2005, I recommended real estate investment in Brazil, specifically apartments in Rio de Janeiro. Many readers did well with that recommendation. In more recent years, I’ve shied away from Brazil. Investing in this country comes with complications. When Brazil’s currency is strong, most opportunities are too expensive to be worth the hassle. […]
The EU is meeting this week to discuss visa reciprocity. Specifically, some member countries have proposed requiring American and Canadian citizens to obtain visas prior to traveling to Europe. It’s only fair, they argue. The United States requires citizens of five EU countries—Romania, Bulgaria, Poland, Croatia, and Cyprus—to obtain visas before they’re admitted across the […]
I toured apartments that’d make good rentals in several cities and towns along this coast and decided to purchase in Lagos. This is the city where Kathleen and I agreed we’d both most like to return to personally. We try whenever possible to co-mingle agendas, investing in places where we’re interested in spending time as […]
If I had a quarter for every time someone has written in to tell me I’m out of my mind for suggesting people move to or invest in Colombia, I’d have a whole lot more money to invest in Colombia. Even at last week’s Global Property Summit, some of the attendees raised their eyebrows when […]
Why would you want to buy a piece of real estate overseas? That was the starting point for the discussions that have taken place throughout this week’s Global Property Summit down here in sunny Panama. The big advantage of real estate anywhere is that it’s a hard asset, a real and long-term store of wealth. […]
Negative interest rates are in the headlines. Japan has just recently caused a media uproar by joining the ranks of the ECB and central banks in Sweden, Switzerland, and Denmark, who are all charging commercial banks to store their extra cash. One investment strategy touted by a colleague in the past to take advantage of […]
The most cost-effective, hassle-free invest-for-residency program we know of available anywhere in the world today is in Panama and takes advantage of this country’s “Specific Countries” residency visa program. The Specific Countries program was initiated under Ricardo Martinelli’s presidential administration through an executive order that the current president of Panama, Martinelli’s successor, Juan Carlos Varela, […]
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.
