In 2012, I purchased an income property in Medellín. It’s a two-story condo on the 17th and 18th floors of a new building on Medellín’s Golden Mile. Since closing, it’s generated around US$1,900 per month…about 8.5%. That same year, I invested in a foreign stock exchange, opened accounts in foreign currencies, and even opened a […]
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April 29, 2014 Granada, Nicaragua Property in Nicaragua trades in U.S. dollars Dear Overseas Property Alert Reader, Many of us dream of living in a Spanish colonial city…and of owning a Spanish colonial home, with its high ceilings, painted tiles, and a private center courtyard. If you count yourself among this growing number, then you’ll
April 22, 2014 Panama City, Panama US$1 = 1 Panamanian Balboa (fixed) Dear Overseas Property Alert reader, “Lot #6…it’s the best one on the property.” That’s what I said to myself as I watched the pile of grilled chicken breasts and spareribs disappear from the flaming barbecue grill at our hilltop lookout. As the sun
Surf, sunsets, and sea breezes on Panama’s most beautiful stretch of Pacific coastline Read More »
Look here for sunshine, warm seas, and capital gains Also: “Why aren’t you talking about Costa Rica?” April 8, 2014 Puerto López, Ecuador Ecuador’s currency: U.S. dollar Dear Overseas Property Alert reader, We sat down to dinner at an open-air restaurant just south of Puerto López, Ecuador. It was a quiet night, with a pleasant
Look here for sunshine, warm seas, and capital gains Read More »
April 1, 2014 Cali, Colombia Dear Overseas Property Alert Reader, My recent trip to Cali, Colombia, brought the most pleasant surprise of the past five years. The weather was great, the city was fun, the restaurants and nightlife awesome, and the people welcoming, open, and friendly. Best of all, I saw rock-bottom prices—some of the
Earn a hassle-free 10% rental yield in this emerging rental market Read More »
March 25, 2014 Medellín, Colombia Dear Overseas Property Alert Reader, “No gringo communities for me… I’m going to be part of the local culture.” “I’m not the gated community type of person…” Every year, I speak with hundreds of potential expats at events, and I get thousands of emails from people considering moving abroad. Most
Why we hate gated communities…or do we? Read More »
The real estate market in Cali, Colombia, is the most exciting scene I’ve witnessed in a long time. This is an attractive city, with low property prices, a low cost of living, low cost of ownership, and high rental returns. Best of all, prices start at less than US$66,000 for a nice apartment in one
Bargain properties, great lifestyle, and a low cost of living Read More »
Itamaracá, Brazil, is the best place I know right now to buy a beachfront home at a reasonable price, thanks to the strength of the U.S. dollar against the Brazilian real over the last six months. At R$2.35/US$1 today, dollar-holders have seen their buying power increase 41% since the real was at its high of
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Chateau de la Cazine in Limousin, France, is a chateau on 90 hectares that has been purchased by a U.K. developer. The Chateau is being transformed from a modest hotel with an excellent restaurant to a full-fledged destination resort with a spa, a golf course, and a high-end restaurant. In fact, the restaurant has been
Become King (Or Queen) Of Your Own Castle And Earn Too Read More »
Back in 2009 Jim Rogers declared that the best investment sector in the world for the coming decades is agriculture. He suggested everybody should think about becoming a farmer. That’s not realistic; however, here is a turnkey opportunity to invest in agriculture without having to plant, manage, or harvest crops yourself. Continue…
Profit From The Most Consumed Fruit In The World Read More »