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.
Where You Should Be Opening An Offshore Bank Account (And Why)
At last week’s Offshore Wealth Summit in Santo Domingo, my team and I looked at the best current options for planting your Five Flags, including your best choices today for alternative residency and for opening a bank account overseas. Why might you want a bank account in another country? Maybe because you’re planning to move to […]
What’s Really Behind Panama’s Booming Economy?
Diversifying In 2018: Where I’ll Be Planting My Flags (And Why)
Why I Started Carrying Cash Abroad (And So Should You)
Here’s some fresh advice, something that goes against what Vicki and I have been saying and doing for at least 30 years. Carry more cash when you travel or live abroad. I hate to recommend cash. With cash we’re vulnerable to theft and loss. Some years ago friends rented a beach house in Uruguay, hid […]
Highlights From Our 2017 Dominican Republic Conference
Why I Don’t Recommend Any Of The 78 Banks In Panama
“What bank do you recommend in Panama?” That’s one of the most frequently asked questions I receive. I get it at least a couple of times a week… The honest answer? None. Panama currently has 78 banks. Of those, 29 have international licenses; 49, including the 2 government banks, have general licenses. I’ve dealt personally […]
How To Use A Foreign Exchange Service (And Save Thousands)
Many who have been considering diversifying internationally are looking at the in some cases unprecedented strength of the U.S. dollar versus key currencies worldwide and thinking maybe it’s not such a good idea to sell dollars to buy foreign investments right now. Just like stock investors who think about getting into the market when it’s […]
Not Even Jack Bauer Will Save Us From Presidential Elections
The U.S. election season is winding down… thankfully. This election has been more embarrassing for this American abroad than any previous such season in my nearly 20 years living overseas. Watching the debate last night, I kept waiting for Jack Bauer to come running into view on the TV screen and save the day. The […]
Why I Don’t Recommend Offshore Banks Anymore (From An Offshore Expert)
Banking overseas is more challenging today than it’s ever been and more challenging all the time thanks to the constantly changing landscape. One week, one bank will open an account for Americans. The next week it won’t. Another bank that required a US$100,000 minimum bank balance increases that requirement to US$500,000… and then reduces it […]