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

Author: Lief Simon

22 Dec
Teak trees along the coast of Panama

A Rare Way To Build Generational Wealth

Land is the one thing they’re not making any more of… Buy in the right places, and you can make a killing. That was my original plan when I bought a piece of land on an island in Nova Scotia, Canada, many years ago. A German guy had originally bought this 100+ acre island… then [...]
19 Dec
Summer lifestyle Asian man traveler relaxing on beach chair in front of vacation exotic beach, Attraction place leisure tourist travel Hua Hin Thailand holiday trip, Tourism beautiful destination Asia

Can Your Passport Be Taken Away?

If you’ve ever taken the time to read through your passport you’ll likely have noticed the following… “THIS PASSPORT IS THE PROPERTY OF THE UNITED STATES GOVERNMENT. IT MUST BE SURRENDERED UPON DEMAND MADE BY AN AUTHORIZED REPRESENTATIVE OF THE DEPARTMENT OF STATE.” Now, it’s highly unlikely that the U.S. government should ever come to […]

27 Nov

Bulletproof Your Future

Here’s Where A Big Idea And A Pioneering Spirit Can Take You I grew up in a lower-middle-class home, the son of a single mother. There was no trust fund to give me a leg up in life. I saved long to be able to pay for my first car, and I worked two jobs [...]
27 Nov
Beautiful sunny greek village town white house and harbor view to the aegean blue sea with crystal clear water and fishing boats cruising yacht white houses, Ikaria Island, Evdilos, Sporade, Greece

How To Build The Perfect Portfolio

How do you define “being wealthy”? An offshore attorney I met years ago defined being wealthy as having enough passive income to cover all your monthly expenses. That’s an easy answer, but not as easy a goal to achieve… Rental income can be the perfect passive income… but unfortunately, most U.S. investment professionals don’t know [...]
07 Nov
Seaport Village of Cobh, Ireland

A 90k Island Home

In 1998 I signed up for a weeklong tour of Ireland. I planned to move there and buy either a bar or a country estate where I could host executive retreats. The trip would allow me to scout out the real estate options on offer around the country. The tour was run by Kathleen Peddicord […]

03 Nov
Great Blasket Island In Ireland

How A DNA Test Led To An Irish Passport

Baby Thomas James Delehanty arrived into the world in 1963 Arizona. A couple months later, having been adopted, he became John Edward Portmann. In 2019, he decided to research his family tree. Although he had long known he was adopted, he was shocked when the DNA test he took revealed his ancestry to be 100% […]

30 Oct
The Panama Canal

Easy Living In A Tax Haven

I’ve been warning people of the risks of hanging all your hopes on any one country… any one economy… or any one currency… for close on 30 years. If everything you own is tied to one country and things go awry there it will likely spell disaster. The smart move is diversification. I’ve established residency […]

13 Oct
Sculpture in front of the parliament building in Vienna, Austria

Break Free

After years of setbacks, Europe’s Entry/Exit System (EES) finally launched yesterday, Oct. 12. The EES is an automated IT system that registers non-EU nationals traveling into and across the borders of 29 participating countries for short stays (defined as up to 90 days within any 180-day period). The system collects, records, and stores the information listed […]

04 Sep
White Temple Chiang Rai Thailand, Wat Rong Khun, aka The White Temple, in Chiang Rai, Thailand.

3 Digital Nomad Hotspots

In 2020, Barbados introduced its Welcome Stamp, a visa which permits remote workers a one-year stay in the country provided they earn a foreign sourced annual income of at least $50,000. A few months later, Estonia introduced its digital nomad visa. At launch, the visa required holders to have a monthly foreign sourced income of […]

04 Sep
heroes national pantheon at asuncion, paraguay

An Easy Second Residency And Citizenship Option

A search of “Paraguay history” in Google returns a list of questions people ask about Paraguay, including: “Which country is Paraguay located in?” Paraguay is its own country. It was wiped almost off the map by Brazil and Argentina during the Triple Alliance War of 1864 and 1870. (Uruguay was the third country in the […]