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Example: Croatia Croatia was a good example of this a decade ago, before this country joined the EU. Back then (which is when I invested here), Croatia imposed a restriction on the foreign purchase of real estate… a form of reciprocity. For you to be able to buy property in Croatia, Croatians had to be […]
Administering your offshore life isn’t sexy, but it is necessary. As I write, I’m sitting in my apartment in Medellín staring at a property tax bill that needs to be paid. These bills come quarterly. However, based on the bill in front of me it appears that our property manager (really our maid Claudia who […]
I wondered of my four dinner companions…
Last week’s Taxation 101 (Where To Live Tax-Free) essay was well received but raised lots of questions from American readers, including many to do with what I’d say is maybe the most misunderstood U.S. tax on individuals—the “Exit Tax” Americans have to pay when they give up their U.S. citizenship. To clarify, this is not […]
The doctor I found was part of the health insurance plan that I had recently signed up for. He was listed as a primary care physician, but his specialty was cardiology. On my first visit for an annual checkup, the first thing the guy did was hook me up to some electrodes to check my […]
Starting this week and continuing through the New Year, good luck to you if you’re trying to get anything done in Panama. This week sees the first of a series of independence days in this country, four national holidays in total, plus at least one “bridge” day, when many companies, including at least one of […]
We got right to the point: Diversification. It’s the surprisingly simple answer to the sometimes seemingly impossible-to-process question: How do we survive the current age…and the even more troubling one that may be coming?
A friend living in Thailand wrote this week to tell me about a rumor going around in Chiang Mai. Word on the street is that the IRS is checking up on banks in that city to confirm that they’re FATCA-compliant. At this point, banks worldwide aren’t required to be sending account information for every account […]
What would an ideally globally diversified financial life look like? I could imagine as many answers to that question as people asking it. However, I’d also identify key common denominators that should be part of any global diversification strategy. If you’re just getting started at this, here’s the most important thing to understand: This doesn’t […]
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.”
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.
