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Here are answers to frequently asked Dominican Republic questions to help you consider and process the investment, residency, citizenship, and other opportunities on offer in this sand-fringed jurisdiction… Q: Do you have to be a resident to open a bank account? A: No. Q: Is there a minimum deposit requirement when opening a bank account? […]
Back home in Panama City after nearly three weeks on the road celebrating the holidays, first Christmas in the States, then New Year’s in Medellín, Colombia, we return to our adopted home town with rejuvenated eyes and a fresh perspective. And we’re reminded why Panama is a benchmark against which other retirement havens are compared. […]
To realize your American Dream, take your skillset and go in search of opportunity. If your agenda is that of a general entrepreneur, the world is wide open. If you have specific training or experience that you want to continue using, almost any developing market could accommodate. No need to reinvent the wheel. Like the […]
I’ve been putting on conferences around the world for more than 25 years. This has never happened before. Lief is in Managua this week for our Live and Invest in Nicaragua Conference. More than half the folks who registered for the event aren’t in the room with him. They cancelled their attendance. We always have […]
I’m reviewing and clarifying my ideas related to the Five Flags theory of diversification in preparation for my opening remarks at the Wealth Summit I’m hosting in Panama in October. If you’re new to the idea, the Five Flags are to do with residency, citizenship, banking, assets, and business. Not everyone needs all five flags […]
I’m traveling in the United States this week. The visit is reminding me that, in fact, this is one of the easiest places in the world to live and spend time. You might wonder understandably: Why do anything offshore in the first place? Easier, surely, just to stay put. Overregulation, overreach, invasions of privacy, and […]
A reader of my wife’s Overseas Opportunity Letter wrote in over the weekend to say that a friend told her Ecuador is closed. That country is full up and not taking any more American retirees. Therefore, the friend will be moving to Granada, Nicaragua, instead and suggests that we update our recommendations. We shouldn’t be […]
One important piece of internationalizing your life is establishing residency in another country, either because you intend to move to that country or because you want a backup residency in your back pocket in case things go completely sideways and you decide it’s time to bug out. You have many good options in either case, […]
Three years ago, a colleague started the process of applying for residency in three countries—Uruguay, Paraguay, and the Dominican Republic. His overriding objective was citizenship. He focused on those three jurisdictions because each offers liberal residency and naturalization rules. My friend gave up on Uruguay when he learned that this country’s naturalization process would require […]
Our seven Christmases in Ireland, we could never bring ourselves to participate in one of Ireland’s quirkiest festive traditions, what the Irish refer to as the “Christmas Day swim.” On Christmas morning, from beaches, piers, and coves around the country, people of all ages gather to immerse themselves in waters of around 50 degrees Fahrenheit […]
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.
