Preparing for the unknown… That’s the principle behind diversification. You can’t be sure that any stock pick you make will turn out to be the next Apple or Facebook… so you buy stock in different companies. You can’t be sure stocks will always go up (in fact, you can be sure they will not always […]
At my Offshore Wealth Virtual Summit last week, one attendee proudly commented that he was well into his flag-planting and had already taken several key steps toward internationalizing his life. He had a bank account in Panama… had made real estate investments in Panama… had actually moved to Panama… and was on his way to […]
If you want to open a bank account in the United States, you walk into a branch of a bank and simply state that objective. That is, you say you want to open an account. Or, even easier, you do it online and save yourself the trip to the bank. As long as you have […]
Portugal is hot. I’ve been focusing time and attention on this country for the past two-and-a-half years. My first visit I bought a small apartment as a rental investment that is proving to have been one of the best property investment purchases of my career (and that’s more than 40 buys across two-dozen countries). The […]
If you invested in a St. Kitts’ passport, you need to send it back. Quick. St. Kitts’ economic citizenship program is under fire. Canada has removed the country from its visa-free travel list. St. Kittitians who want to travel to Canada now have to apply for a tourist visa requiring a security check. Canada’s change […]
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 […]
In the strictest sense, speaking historically, “expat” is short for “expatriation”—the act of renouncing your allegiance to your native land. However, over the decades, with big and growing numbers of people residing outside their home countries, the term “expat” has taken on a broader, gentler meaning, to refer simply to people living abroad. Just as […]
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, […]
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.
