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For tourists, Nicaragua is an absolute bargain. The super-low cost of everything attracts backpackers, of course, but it also attracts others looking for a high quality-vacation at a bargain price. The legitimately four-star hotel where we stayed in over the weekend, La Gran Francia, cost us US$60 a night, including breakfast and Wi-Fi
The unintended consequences of FATCA and the overreach of the U.S. government and the IRS have started playing out around the world. In the last week, I’ve heard from a half-dozen people with “know your client” tales of woe. Indeed, I have my own. Let’s start with the know-your-client form that the homeowner’s insurance company […]
People write me every day to ask about the political stability of this or that country in South America, but they don’t seem to think twice about political risk in the “West.”
First, pay cash at Dairy Queen for that banana split. Handing over your credit card and, even more risky, your debit card to pay for small daily purchases opens you up to potential fraud. Use the card a dozen times in the course of a week at various businesses, and you’ve introduced a dozen potential […]
I’m “onshore” this week in Nashville for our once-a-year Retire Overseas Conference. We arrived in the States yesterday afternoon. Once we’d cleared U.S. immigration in Houston, where my wife was singled out as she is now every time she crosses the U.S. border for reasons no one with U.S. immigration seems to be able to […]
I’ve been on the road four of the past six weeks. Back in the office in Panama City, the mail has piled up. Thought I’d share some of it today… “Lief, I am a big-time fan of you and Kathleen and will be moving to Cuenca very soon thanks to your good data. “But I […]
High school, small towns, and expat communities all have something in common that you don’t hear much about—gossip. I’d pit some expats I’ve known against any 13-year-old girl in this regard, including, in some cases, the meanest girls on the playground. Sipping coffee in their favorite morning meeting spots, expats around the world are formulating […]
Throughout the years, I’ve had people tell me I’ve been wrong when I’ve suggested to them that certain things couldn’t be done. They’ve insisted I was wrong because, they’ve assured me, they had been able to do whatever it was I was saying couldn’t be done. They’d done it themselves, no problem. Recently, for example, […]
Today, I’d like to share this letter that, earlier this week, Steve Rosberg—friend and founder of investment management company Ushay (with projects in Argentine forestry, vineyards, and construction)—circulated to his contact list on the current situation in Argentina. Once again, change is afoot in this trouble-ridden nation, spelling opportunity for the investor. Steve writes: “I’m […]
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 Belize 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 […]
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.
