The beach resort of Santa Marta, Colombia, wins the prize for biggest price drop in 2015. Properties in this popular seaside getaway fell from US$2,091 per square meter last year to US$1,032 at the start of 2016… a drop of more than 50%. Values in Santa Marta actually increased in Colombian peso terms, but the […]
Tomorrow we’re publishing the first issue of my newest advisory service, Global Property Advisor (GPA). I’ve written and edited many global property investment services. This is the best. First, because it reflects my now more than 20 years of experience. Second, because it is being launched at the start of the current Golden Age of […]
Before the 2008 global crisis, when real estate prices collapsed in many markets, everyone thought real estate values could only go up. Then, in a flash, values dropped by 50% and more in Spain, Ireland, Nicaragua, Greece, some U.S. markets, and beyond. Any market that relied either on foreign (especially U.S.) buyers or on aggressive […]
A friend who recently took his first plunge into non-U.S. real estate investing told some of his friends about the opportunity he was buying into. What he’s buying into is an agricultural project in Panama that I’ve been telling you about for the past 20 months. I should have prepared the guy for the reaction […]
I don’t try to predict currency exchange rates. I pay attention to them in property markets where I’m active or interested in investing, but I don’t attempt to time property purchases to them except in extraordinary circumstances. Timing a currency investment is different than trying to time a real estate investment according to currency fluctuations. […]
I spent a week in the Dominican Republic earlier this month, scouting property opportunities and hosting our Live and Invest in the Dominican Republic Conference. The DR is one of the most interesting property markets in the world right now. It’s also a dichotomy, offering very different kinds of property investment options. Punta Cana, for […]
This week two readers have written to ask about currency risk when moving overseas. One was concerned about moving to a U.S. dollar-denominated destination from the U.K.; the other was wondering about moving to Portugal from the United States. These readers’ concerns about currency exchange fluctuations are valid. A retiree on a fixed income could […]
“Any overseas property investment you make should be safe, simple, enjoyable, and profitable…” –Jeff Matthews at this week’s Global Property Summit Why would you want to buy a piece of real estate overseas? That’s where we began the discussions during the opening presentations for Lief Simon’s Global Property Summit, taking place this week in the […]
I’ve bought a number of overseas properties—both for personal use and as investments—and I find that evaluation of a potential property always comes back to a few simple basics. It’s a safe and secure process when you follow the rules and use the same good sense that you’d use in your home country.
At the Live and Invest in Belize Conference this week, several attendees asked about using a 1031 like-kind exchange to move capital overseas. Specifically, they wanted to sell investment property in the United States and use the proceeds to invest offshore. A 1031 like-kind exchange is an IRS mechanism that allows an investor to exchange […]
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.