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

Author: Lief Simon

12 Jun
is ecuador safe?

Is Ecuador Safe For Foreign Retirees And Investors?

Why do so many people, especially so many of my fellow Americans, have such a negative reaction to the idea of living, investing, or even traveling to so many places around the world? Last week a reader emailed us in response to an essay on Ecuador we published to support the launch of our Live […]

05 Jun
Lief Simon

Options For Obtaining Second Citizenship And A Second Passport Through Residency

The super-rich have a growing number of options for obtaining second passports through economic citizenship. These programs are most attractive to the wealthy from countries whose passports don’t allow for much visa-free travel—Russia, China, and the countries of the Middle East, for example. Spending anywhere from US$100,000 to more than US$2 million depending on the […]

02 Jun
wall street

UK Cemetery Plot Investment Returns 44% Annualized

About two years ago, I invested in cemetery plots in the UK. Specifically, I bought a 10-plot package and recommended that some of my premium readers do the same. Last week I heard from the agent who brokered the investment. He was contacting me to tell me that the developer behind the offer has received planning […]

29 May
Can you reduce tax burden overseas?

An American Retiree Moving Overseas Likely Won’t Reduce His Tax Burden

A friend told me this week that his parents are looking to move overseas for their retirement to save taxes. He recognizes but hasn’t been able to help them understand that that isn’t a realistic objective given their circumstances. My friend’s parents are retired government workers receiving government pensions. Pension income is not eligible for […]

26 May
Filing Your FBAR

Tips For Filing Your FBAR

A friend I caught up with last week in Medellin, an American, told me with a grin that he’d already completed and filed his FBAR for this year. He was pleased with himself for getting  it in early…until I reminded him that, starting this year, the FBAR must be filed electronically. My friend had filled […]

23 May
cartagena colombia as well as medellin are great places to invest in colombia

Investing In Factoring In Colombia

One of the benefits of hosting conferences around the world is the chance they give me to spend focused time with key contacts in key markets. It’s at our conferences that I find out about ear-to-the-ground kinds of opportunities that usually don’t make it beyond a small circle of investor-friends. This week in Medellin, for […]

16 May
Frustrations Of Banking Offshore

Frustrations Of Banking Offshore

You should have an account with an offshore bank. That’s a fundamental step in any plan for diversifying offshore. How do you choose where to open your first (or subsequent) offshore bank account? Don’t try to base the decision on customer service, because, the sad truth is, finding a financial institution with consistently good customer […]

05 May
Where To Drive A Tank In The United States

Where To Drive A Tank In The United States

My son Jackson is in the French school in Panama, meaning he’s on the French calendar. He has a shorter summer (just two months, July and August) but four two-week vacations during the school year. It makes for a more manageable summer and allows for extended family trips throughout the year. Last week was Jack’s […]