My college Social Studies professor, a hyper dude who worked three jobs and lived off a quarter of his income so he could save the rest to build a children’s hospital, broke society down into nine categories. He referenced the typical lower, middle, and upper classes and then separated each of those categories further into […]
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, […]
“You tell us all the time, Lief, to ‘buy what we see.’ “But at the same time, you promote pre-construction investments. How does that make any sense?” one reader wondered this week. Perhaps I should adjust my mantra from “Buy what you see” to “Pay for what you see.” Taken literally, “Buy what you see” […]
Last week I wrote about biofuels and the opportunity they will present in Europe over the coming years. This week a friend in the timber and agriculture business forwarded me an industry report he receives quarterly. Some of it was statistics to do with the fundamentals that you’d see in any discussion about investing in […]
A reader wrote last week asking me to name the best jurisdiction for setting up an offshore entity. I can’t answer that question, at least not simply, especially for a U.S. person who has complicated tax rules to consider. Before trying to identify where might be the best place for you to open an offshore […]
Kathleen and I were in Medellin for the weekend taking time to clean up some administrative things to do with our apartment there and also helping our kids, Kaitlin and Jackson, connect with local contacts for their emerging Trader Jack’s Bazaar business. The continued vibrancy of the city (well, at least of its El Poblado […]
The path of growth for the foreign investor and retiree in Panama has moved steadily over the past dozen years from Panama City westward along the Pacific coast. This path of progress continues still and is reaching now to the western-facing coast of the Azuero Peninsula. From our position here on the ground, we see […]
Why Obamacare Is Just One More Reason To Diversify California has released information on the cost of Obamacare coverage for those who don't have health insurance otherwise. The average premium cost for the silver plan (they have bronze, silver, gold, and platinum plans) will be US$321 monthly. The annual deductible for this level of coverage [...]
A Favorite Yield-Generating Hard Asset One theme at the Wealth Retreat I hosted in Panama last week was yield-generating hard assets—specifically, rental properties, condo hotels, and agricultural land. Argentine developer and economist Steve Rosberg, one of the speakers participating in last week's program, focuses his business on hard assets. Specifically, Steve has undertaken dozens of [...]
Where It’s Safe? We received the following e-mail from a reader this week: "We hear so much about bombings and uprisings abroad," the reader wrote, "why would South America be safer to live in than North America? Don't those countries have more of a national safety threat?" How in the world to respond? The irony [...]
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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