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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 […]
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. “Hello,” you say as you take a seat across from the helpful banker, “I’d like an account with you.” Or, easier yet, you fill out some forms online and save […]
At a meeting in London a little while ago, I was among dozens of expats from all around the world. Many took offense to being described that way… to being called “expats.” They found the term derogatory; however, not for the reason people typically object to the word. Some among the group in London who’d […]
Americans tend to dismiss Europe for offshore lifestyle and investment options, thinking this part of the world is too complicated or too expensive. The truth is that some European countries can be cheaper than destinations that might much sooner come to mind for obtaining residency or investing in real estate. Portugal is one of them. […]
Portugal is hot. I’ve been focusing time and attention on this country for the past two-and-a-half years. My first visit I bought a small apartment as a rental investment that is proving to have been one of the best property investment purchases of my career (and that’s more than 40 buys across two-dozen countries). The […]
If you invested in a St. Kitts’ passport, you need to send it back. Quick. St. Kitts’ economic citizenship program is under fire. Canada has removed the country from its visa-free travel list. St. Kittitians who want to travel to Canada now have to apply for a tourist visa requiring a security check. Canada’s change […]
The super-rich have a growing number of options for obtaining second passports through economic citizenship. These programs are most attractive to the wealthy from countries whose passports don’t allow for much visa-free travel—Russia, China, and the countries of the Middle East, for example. Spending anywhere from US$100,000 to more than US$2 million depending on the […]
A reporter from the mainstream press contacted me recently asking if I could introduce him to an American who has given up his (or her) citizenship. The reporter is doing a story on the growing number Americans expatriating and wanted a firsthand story to tell. Unfortunately, none of the people I know who have expatriated […]
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.
