Greece’s Golden Visa program stands out. Nothing else in Europe matches this golden ticket. For a 250,000-euro investment in real estate (just under US$300,000 at today’s exchange), non-EU citizens and their families can get residency of Greece. The visa covers children up to 21 years of age and is granted for five years. After that, […]
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 […]
Offshore Structures 101—Why, Where, And How This week I’m hosting my annual Offshore Wealth Summit from Paris. For the first time ever, it’s a virtual event. My fellow presenters and I are all signing in remotely—me from Paris, them from Panama, Colombia, Mexico, Brazil, Belize, Italy, Portugal, Thailand, the United States, etc.—to discuss strategies for [...]
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 […]
On Aug. 7, 1974, Frenchman Philippe Petit made headlines when, in the space of 45 minutes, he crossed four times between the Twin Towers of the World Trade Center. He didn’t just walk—the 24-year-old high-wire artist danced and lay down on the wire, too, balance pole in hand. Whether you look on it as art […]
When establishing a Plan B or backup residency, most people look for the easiest option… but “easiest” isn’t a one-size-fits-all concept. This debate came up during a conference call with my editorial team earlier this year. We realized that we’d used the term “world’s easiest residency” in two different articles, one referencing Colombia, the other […]
Serious Legacy Upside Kathleen and I were living in Ireland when our son Jackson was born. I wish we could take credit for being impressively strategic in our planning, but the truth is that Waterford just happened to be our home when Jackson arrived on the scene. You could say that this geographic happenstance turned [...]
The Trouble With Having A Second Passport I became a dual citizen about 12 years ago after being naturalized in Ireland. For years leading up to that point and for years after, I recommended Ireland as a top choice for obtaining a second passport through residency. Then, in 2011, Ireland changed its residency laws. The [...]
The World Is Ending… Where Should You Go? A reader wrote this week to ask where I’d recommend as the ideal destination in a doomsday scenario. Where would qualify as the best place to be in an end-of-the-world situation? The reader specifically referenced a shutdown of global trade. I would want a place where enough [...]
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.
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