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At last week’s Live and Invest in Belize Conference, I was able to catch up with Belize contacts and friends. I learned two specific things from my discussions and meetings that I think are worth passing along. The first is that Belize now requires all IBCs to confirm to their registered agents that they are […]
He’s asked Kathleen Peddicord, therefore, to fill in for him today… My first trip to Belize, coming up on 30 years ago, was organized courtesy of the Belize Tourism Authority. I was a starting-out travel writer; the BTA was looking for press. This was well pre-“Survivor,” pre-“Temptation Island.” The only people who knew this tiny […]
Last week I mentioned that I was trying to set up a forex account to save some pips on a transfer from U.S. dollars to euro for a property purchase I’m making in France. The first forex company I tried to work with turned out to be no better than others I have tried in […]
I usually ignore foreign exchange rates. You can’t predict them and trying to time them when making a real estate investment is a crap shoot. If you wait too long for an exchange rate to get where you want it to be before sending your money for a real estate purchase, the opportunity can disappear. […]
“The good news from Belize is no news from Belize…” That’s been the running joke as long as I’ve been spending time in Belize. Nothing ever happens in this country and the people of Belize, both the Belizeans and the foreign expats, retirees, and adventurers who’ve chosen to settle among them, like it that way. […]
A reader chastised me a few months ago for not having reported on Bitcoin in this e-letter (or anywhere, for that matter). Of course, I’d heard about Bitcoin, but I hadn’t paid much attention to it…until the reader’s comment.Since then, I’ve taken a closer look. My conclusion? Tulipmania.In Amsterdam between November 1636 and February 1637, […]
An important question came up during the Offshore Summit I hosted in Panama City last week. The question was to do with if and how Americans must report non-U.S. real estate holdings to the IRS. Specifically, this is the question: Must an American report foreign real estate he owns on the new Form 8938?
“’Knock three times and ask for Roscoe.’ “That’s what offshore banking used to be,” Peter Zipper, an offshore banker with more than three decades of experience, explained this morning to the crowd attending this week’s Offshore Summit. “But those days are over,” Peter continued.
Traditionally, the sediment was removed by hand. However, this meant that a fair amount of champagne was lost. As each bottle was opened, the built up effervescence pushed out the sediment but, of course, some of the wine, too. The process was slow and very inefficient. Then, sometime in the 1970s, someone had the big […]
At the end of September, the national bank of Panama shut down the entire ATM system countrywide over a weekend to upgrade the programming… Small inconvenience at the time. Now, a month later, the situation has moved from minor inconvenience to big pain in the neck. People using foreign debit cards to try to withdraw […]
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.
