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

Author: Lief Simon

01 May
How To Plan For Your Estate

How To Plan For Your Estate

A banker friend in Belize who speaks at many of the conferences my wife Kathleen Peddicord’s publishing group sponsors likes to ask the following question as part of his presentations: “What happens to your bank account (in Belize) if you and your banker, and only you and your banker, know about its existence…and you die?” […]

28 Apr
How To Send An International Wire Transfer

How To Send An International Wire Transfer

I’m getting a lot of feedback from people trying to send international wire transfers. A reader wrote this week to say: “I went to my bank branch to initiate a wire transfer on Monday. The teller had to call over the branch manager to help with the paperwork. Once the manager saw I was transferring […]

21 Apr
Two Winners, Two Losers

How To Choose A Rental Investment Property In Panama City, Panama

The first viewing was a one-bedroom, two-bath apartment with a den on Avenida Balboa. The den could be converted into a small bedroom to make the unit a two-bedroom. Why did the developer not package the property this way in the first place? Probably due to concerns over zoning density. Other apartments along Avenida Balboa […]

14 Apr
Diversification

Why Foreign Property Is The Ultimate Vehicle For Portfolio Diversification

Lief: “Diversification. I see real estate as the ultimate vehicle for diversification—across countries, markets, economies, politics, currencies, asset types…” Lee: “For a better retirement. I’ve made several real estate purchases in different countries now, and in each case I’ve started the search with the question: Where do my wife and I want to be? We […]

07 Apr
local politics

The Effects Of Local Politics On Expat Retirees And Investors

People write in often to ask about the political stability of this or that country, wondering what it means when certain candidates or parties are running for or elected to office. I remember back in 2001 when the Sandinista Daniel Ortega announced he was going to run again for president of Nicaragua. Gringo retirees and […]

03 Apr
Latin America is full of property markets that offer much upside.

Financing The Purchase Of Property Overseas

I recently participated in a “How To Buy And Profit From Real Estate Overseas” webinar. For the hour-long conversation, Kathleen Peddicord, Real Estate Marketing Director James Archer, and I welcomed three special guests representing key markets of interest right now—Panama, Brazil, and Argentina/Paraguay/Uruguay. The agenda for our discussion was broad. We talked about the main […]

31 Mar
Lief Simon

How To Make Sure Your Investment Portfolio Is Truly Diversified

An attendee at the Belize conference earlier this month told me that, while he has traveled all over the globe and has friends in many different cities around the world, he had never, until this month’s event, considered buying real estate in another country. Despite this, he has what, until that point, he had considered […]

27 Mar
Banking And Asset Protection Structures In Belize

Banking And Asset Protection Structures In Belize

The small country of Belize nestled on the Caribbean coast of Mesoamerica doesn’t really fit in. Belizeans speak English, so they aren’t part of the Central American region culturally, and, as the country itself is tucked below Mexico on the Yucatan peninsula, Belize is not really part of Central America geographically either. European settlement in […]