Welcome to Offshore Living Letter, Your #1 Resource for Offshore Diversification

Author: Lief Simon

10 Aug
Diversification Strategy: Planting Five Flags

The Diversification Strategy Of Planting Five Flags

I’m reviewing and clarifying my ideas related to the Five Flags theory of diversification in preparation for my opening remarks at the Wealth Summit I’m hosting in Panama in October. If you’re new to the idea, the Five Flags are to do with residency, citizenship, banking, assets, and business. Not everyone needs all five flags […]

06 Aug
Are You Preparing For The U.S. Dollar Collapse?

Are You Preparing For The U.S. Dollar Collapse?

As Mark Twain might have put it, the death of the U.S. dollar has been exaggerated. Or at least prematurely prognosticated. Dollar doom pundits continue to point out all the negative things going on in the United States—stifling debt, exploding credit, polarized political arena, fundamentally unsound fundamentals. And, as a result, they continue to predict […]

30 Jul
buying real estate overseas

Holding and Owning Real Estate Overseas

Example: Croatia Croatia was a good example of this a decade ago, before this country joined the EU. Back then (which is when I invested here), Croatia imposed a restriction on the foreign purchase of real estate… a form of reciprocity. For you to be able to buy property in Croatia, Croatians had to be […]

27 Jul
Invest in Panama Limes

Invest in Panama Limes For Up To 18% Returns

New Agro-Opportunity In Panama Agricultural investments have been a focus for me for the past half-dozen years. Unfortunately, as I've been reporting, it's not easy to find agricultural projects geared toward the small investor. However, early 2014, I began working with a group in Panama with an idea for a mango plantation investment intended specifically [...]
23 Jul
Wine For Fun And Profit

Investing In Wine Futures For Diversification (En Primeur)

I last purchased primeurs in 2005 and 2006. At the time, 2005 was being touted as an exceptional year. I happened to be in St. Emilion, so I bought several cases as an investment. A couple of years later, I got an email from the girl who sold me the wine asking where I wanted […]

20 Jul
Offshore Banking in Andorra

Can One Bad Apple Bring Down Offshore Banking In Andorra?

Five years ago, when the U.S. FATCA law had just been passed and the effects it would have on non-U.S. banks were a hot topic for speculation, a banker I knew from Andorra made a remark to me along the lines of: “We’ll all go back to goat herding before we roll over for the […]

16 Jul
us dollar collapse

What Would You Do If The U.S. Dollar Collapsed?

Gurus and pundits have long been predicting the collapse of the U.S. dollar, yet the dollar has appreciated against many currencies over the last 18 months, in some cases markedly so. It’s at a 12-year high against the euro, a 6.5-year high against the Colombian peso and the Canadian dollar, and an 8-year high against […]

06 Jul
Currency Diversification Into Chinese Yuan

Currency Diversification Into Chinese Yuan

Five years ago, a friend recommended that I open an account with the Bank of China in New York. A Bank of China account is an easy way to hold yuan directly, something that, as my friend suggested to me years ago, every global investor should think about doing. Finally, in New York City with […]

29 Jun
Top Real Estate Investment Opportunities For 2013

Euro-Dollar Exchange Rate And Greece Debt Crisis Implications For Purchasing Property Denominated In Euros

I don’t try to predict currency exchange rates. I pay attention to them in property markets where I’m active or interested in investing, but I don’t attempt to time property purchases to them except in extraordinary circumstances. Timing a currency investment is different than trying to time a real estate investment according to currency fluctuations. […]