I've Tripled My Money In This Market And Am Diving Back In For More If you're holding U.S. dollars, you have a window of opportunity right now to take advantage of super-charged buying power in key overseas markets. The dollar's current strength is creating irresistible bargains in some countries where real estate trades in the [...]
I’ve been spending time and investing money in Colombia and reporting on those adventures for almost 10 years. Still, people tell me I’m crazy. You could find things to complain about in Colombia… as you could anywhere. However, safety and security—both personal and financial—aren’t among them. What might you want to complain about in Colombia?
I don’t try to predict currency exchange rates when shopping for real estate investments overseas. I focus on finding a good opportunity in a market I believe in. I don’t then wait to make the buy depending on whether the local currency is over- or undervalued relative to the currency I’m shopping with. In 2011, […]
A bad reputation, even one that’s completely undeserved, can be a hard thing to overcome. When I made my first visit to Colombia in 2010, people were astonished that I was daring to venture to the city where Pablo Escobar reigned and members of his Medellín Cartel were certain to kidnap me. Pablo Escobar was […]
In Medellín, Colombia, Manila has long been the undiscovered treasure of the city’s upscale El Poblado sector. On its shady, tree-lined streets, you’ll find a mixture of houses, mom-and-pop businesses, and more than its share of nice restaurants and cafés. One of El Poblado’s smallest neighborhoods, the walkable Manila is one of the last barrios […]
The World's Next Top Investment and Retirement Haven? "This is your first trip to Colombia, and you've chosen to focus on Medellin? That'll save you a lot of time. This is the place to be in this country right now..." So remarked one of the real estate agents Lief and I met on our first visit [...]
That question was posed to Jackson by one of his cousins while Jack was visiting family in the States last month. The conversation between the two 12-year-olds had to do with Jackson’s summer travel plans. He’d mentioned that we were going to be spending a couple of weeks in Medellin at our apartment there and […]
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