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“It’s perfect. I’ll take it. How much is it?” So said the Irish hairdresser to the Montenegrin real estate agent. The agent was touring the young woman through an apartment for sale in the medieval town of Kotor. The woman didn’t get past the entryway before making her buy decision. Indeed, she had been ready […]
A well-traveled friend, Paul Terhorst, wrote a column for my Simon Letter advisory service a little while ago in which he explained that he no longer travels to countries that require him to get a visa in advance. Paul went on to make the point that these countries are hurting themselves financially by requiring these apply-in-advance visas for […]
I’ve lived in Panama for about 15 years…And I’ve invested more money here than anywhere else…From farmland and a modern condo in the capital city to a commercial rental, a full-scale beach community development, and even my future retirement retreat far out on a secluded Pacific coast.Panama‘s lifestyle advantages are simple. This is an affordable […]
Travelers are granted long stays upon entry. If you don’t want to fuss with residency, you can get a six-month tourist entry by just driving over the border. If part-year living… or maybe investing in and operating a vacation rental… is what you have in mind, then the six-month tourist entry can do the trick. […]
Dollar-euro parity? We’re closing in. As I write, US$1 equates to 1.06 euro. The U.S. dollar holder has noteworthy buying power in other parts of the world right now, too… Including in Colombia and Brazil, for example… two markets you should be paying attention to in particular if you’re shopping the globe for your next […]
As I’ve been reporting for years, it’s possible to invest your IRA funds outside the United States. However, to do so, you have to find an IRA custodian that allows for non-traditional investments. A traditional brokerage or bank custodian generally only allows you to hold assets in your IRA that he can sell you—stocks, bonds, […]
About 28% of all American expats living abroad live in Mexico. A big reason for this is that Mexico has one of the world’s easiest immigration programs. The process begins at the Mexican consulate in your home country. Amounts vary consulate to consulate, but qualifying for temporary residency through economic solvency requires an average minimum […]
Portugal is the oldest country in Europe, with the same defined borders since 1139. Before that, it was part of the Umayyad Caliphate and the Roman Empire. The country is home to the oldest bookstore chain in the world, Livraria Bertrand, which opened its doors in 1732. Here, too, is one of the oldest universities […]
I haven’t been to every country in Europe yet, but I have spent time in nearly every one. I’ve also invested in many and lived in two. Portugal stands out from the crowd in this part of the world for two reasons. #1. Portugal’s Residency Programs First, Portugal offers a competitive residency-through-investment program. You can […]
Italy has had my attention for years… though probably not for the same reasons it captures so many Americans’ imaginations. Specifically, what interests me is the effect demographics are having on this country… and the opportunities they are creating. From the mid-1980s until 2000, Italy had zero increase in population. Over the last 18 years, […]
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.
