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

Author: Lief Simon

25 Nov
Taking the most beneficial option under IRS regulations isn’t tax evasion. It’s using the rules to minimize your taxes burden.

Offshore Tax-Filing

A U.S. friend trying to figure out his tax situation after moving overseas recently used the word “tiresome” to explain his position on U.S. taxes offshore. Specifically, he was referring to all the forms he now may or may not need to file. Does he meet the threshold for filing the FBAR and Form 8938? […]

18 Nov
Buying Real Estate Overseas For Profit

Buying Real Estate Overseas For Profit

“You tell us all the time, Lief, to ‘buy what we see.’ “But at the same time, you promote pre-construction investments. How does that make any sense?” one reader wondered this week. Perhaps I should adjust my mantra from “Buy what you see” to “Pay for what you see.” Taken literally, “Buy what you see” […]

11 Nov
Protecting Your Wealth Legally

Protecting Your Wealth Legally

Putting your money into foreign real estate is a more appealing strategy right now than it has ever been. Real estate has always made sense to me as an asset allocation, but I’m more persuaded today than ever that foreign property should be part of every investment portfolio. You can’t watch everything going on in […]

07 Nov
Agricultural Land Investment

Agricultural Land Investment

Last week I wrote about biofuels and the opportunity they will present in Europe over the coming years. This week a friend in the timber and agriculture business forwarded me an industry report he receives quarterly. Some of it was statistics to do with the fundamentals that you’d see in any discussion about investing in […]

04 Nov
Structuring Your Offshore Business

Structuring Your Offshore Business

A reader wrote last week asking me to name the best jurisdiction for setting up an offshore entity. I can’t answer that question, at least not simply, especially for a U.S. person who has complicated tax rules to consider. Before trying to identify where might be the best place for you to open an offshore […]

31 Oct
Invest In Sustainable Energy Sources

Invest In Sustainable Energy Sources

I’ve been focused on agricultural land investments for some time, but, lately, I’ve launched an aggressive new search for new opportunities of this kind. I am more convinced than ever that productive land is the smartest place to be putting your money right now. It is also the best possible store of value and provides […]

28 Oct
Banking And Champagne Tasting In France

Banking And Champagne Tasting In France

Traditionally, the sediment was removed by hand. However, this meant that a fair amount of champagne was lost. As each bottle was opened, the built up effervescence pushed out the sediment but, of course, some of the wine, too. The process was slow and very inefficient. Then, sometime in the 1970s, someone had the big […]

24 Oct
Looking Ahead To A Possible Financial Meltdown

Looking Ahead To A Possible Financial Meltdown

At the end of September, the national bank of Panama shut down the entire ATM system countrywide over a weekend to upgrade the programming… Small inconvenience at the time. Now, a month later, the situation has moved from minor inconvenience to big pain in the neck. People using foreign debit cards to try to withdraw […]

21 Oct
Medellin Opportunity

Medellin Opportunity

Kathleen and I were in Medellin for the weekend taking time to clean up some administrative things to do with our apartment there and also helping our kids, Kaitlin and Jackson, connect with local contacts for their emerging Trader Jack’s Bazaar business. The continued vibrancy of the city (well, at least of its El Poblado […]

17 Oct
Panama Investment

Panama Investment

The path of growth for the foreign investor and retiree in Panama has moved steadily over the past dozen years from Panama City westward along the Pacific coast. This path of progress continues still and is reaching now to the western-facing coast of the Azuero Peninsula. From our position here on the ground, we see […]