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As I sat in the Panama City departure lounge last Saturday, I watched as the female security agent’s hands ran briefly over the breasts of a 30-something traveler, making sure that the traveler had no weapon in her bra. Apparently finding nothing but the breasts themselves, the agent allowed the woman to pass. The next […]
I’m reviewing and clarifying my ideas related to the Five Flags theory of diversification in preparation for my opening remarks at the Wealth Summit I’m hosting in Belize in October. If you’re new to the idea, the “Five Flags” are to do with residency, citizenship, banking, assets, and business. Not everyone needs all five flags […]
Last week I read a couple of reports in the press saying that grocery store shelves here in Panama are empty. These reports got my attention, as, since I’ve returned to Panama from Istanbul a couple of weeks ago, I’ve been to different grocery shops maybe four or five times…and I haven’t noticed any empty […]
Years ago, a friend in Belize told me that a country never escapes its origins. The United States, he said, is a land of puritans. Belize is a land of pirates. And Istanbul is a land of traders. Once the end of the 4,000-mile-long Silk Road, the mother of all trade routes, this part of […]
Why do so many people, especially so many of my fellow Americans, have such a negative reaction to the idea of living, investing, or even traveling to so many places around the world? Last week a reader emailed us in response to an essay on Ecuador we published to support the launch of our Live […]
The super-rich have a growing number of options for obtaining second passports through economic citizenship. These programs are most attractive to the wealthy from countries whose passports don’t allow for much visa-free travel—Russia, China, and the countries of the Middle East, for example. Spending anywhere from US$100,000 to more than US$2 million depending on the […]
This past Sunday, the people of Panama elected Juan Carlos Varela Rodriguez to be their next president. Varela was behind in the polls until a couple of months ago but rallied in the end to beat out the other two main candidates (there were seven in total) with 39% of the vote. The question everyone […]
A reporter from the mainstream press contacted me recently asking if I could introduce him to an American who has given up his (or her) citizenship. The reporter is doing a story on the growing number Americans expatriating and wanted a firsthand story to tell. Unfortunately, none of the people I know who have expatriated […]
Panama is truly a convenient place to live if you want to travel around Latin America. A recent flight from Panama City to Santiago, Chile, for example, wasn’t short (at seven hours), but it was painless. On-time departure from Tocumen International…good service from Copa in the air…on-time arrival at Arturo Merino Benitez…then a quick, efficient, […]
The issue had to do with the mandatory insurance required with any car rental in Italy. The guy had bought insurance when he booked the car online through Orbitz (or whoever). However, he had bought Orbitz’s insurance, which didn’t include the mandatory local insurance. The guy’s response was, in short, too bad. His expectation was […]
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.
