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Offshore
Real Estate - What Does That Mean? - Page Three
Very Exciting
Real Estate Profits In The First Two Decades Of This Century
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At the start of this article we said,
that we believe that the purchasing of foreign real estate can be viewed
as more than a triple play. Consider these attributes: [1] It can
appreciate more dynamically then U.S. real estate, [2] it can act as a
safe haven in the event that things go awry in the USA, (very probable,)
[3] it can be a summer home, [4] buying international real estate is an
excellent way to expatriate money and [5] more in keeping with the theme
of this website, it can also be a dynamic place to live and the beginning
of a new more fulfilling life. Let's look at these fundamentals.
Foreign real estate can appreciate
more dynamically than U.S. real estate.
This is true. Smaller economies
can be more dynamic than larger economies, they can grow faster and are
less burdensome to analyze. Purchase prices tend to be much lower for real
estate, and there is plenty of foreign real estate whose true value isn't
perceived by the locals has having the same value as it does to you or
us. A good example of this is Belize which was a sleeper for years....
one could buy an entire island in Belize a few years ago for practically
nothing. The price has risen sharply, but there are other areas that
are comparable to Belize. Panama has over 1,700 islands, over half
of which have even been registered by the government. Ecuador is
also a sleeper, as is Paraguay. Each of these places requires a separate
analysis, whichweI will provide in future issues of our eMagazine. We are
hoping to have a series on Argentina, Paraguay and Uruguay in the first
quarter of this year. |
Purchasing foreign real estate
can be viewed as more than a
triple play
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Three dimensional Chess,
from Star Trek
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Offshore
Real Estate can act as a safe haven in the event that things go
awry in the USA, [very probable.]
We have never been dooms-day preachers
and we don't intend to start now. With that said, it would be prudent
to take a calm and objective look at some of the possible negative
situations that may take place inside the USA and see how we can avoid
being in the pathway of any oncoming disasters. If one chooses one's
offshore destination carefully one stands a very good chance of surviving
the sort of social break-down that may happen in the USA. It is our
intention to include a commentary on this important issue in each edition
of the Quarterly, without turning the Quarterly into a sounding board for
doomsday rhetoric. (Readers should note that the original version of this
article was written prior to the attack on the World Trade Center in NYC.)
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One of the most repeated comments
we receive from those who've decided to leave the USA regards the level
of bureaucratic repression and lack of privacy many have begun to experience
in their daily life inside the USA. What we find unusual is that
this comment usually comes from those who are America's best and brightest;
dentists, doctors, attorneys and others who have worked hard and obeyed
the rules, not from criminals and non-producers. It's pretty difficult
to ignore the quantity of email we get that on this subject or to write
it off as paranoia. We have to admit that we experienced the same
thing ourselves and it was an experience that was instrumental in causing
us to relocate. Things just aren't right in the USA. Many of us no longer
trust the bureaucracy, we believe that they are lying to the American people
and that their true agenda is far from transparent, perhaps even inimical
to our well-being. |
Paranoia aside, it is never foolish
to be prudent, and diversification of ones Residency will become
a very hot item in the years ahead as there are shifts in the balances
of power and as one nation or the other decides that all of the income
you've earned in the last twenty years should belong to them and not to
you. (Or other bureaucratic games.) I will discuss these issues in
the Quarterly.
Intelligently purchased Offshore
Real Estate can act as a summer home.
A recommendation we make over and
over is to make sure that you purchase offshore real estate in an area
where you'd like to live, either full time or as a summer retreat.
This isn't complicated and it doesn't need elucidation at this time.
Offshore Real Estate Is Offshore
Investing
Moving money offshore can often be
a complicated shell game. It doesn't need to be when you buy international
real estate. No one can complain that you are doing anything improper,
and once it is purchased, well your funds are offshore. That is why I call
it offshore real estate, because it is something of intrinsic value that
you have managed to expatriate without breaking the law. If you purchase
it in the name of an IBC as recommended on the previous page, then your
privacy and options are optimized ten-fold.
The Future?
No one can predict the future.
With that said, we are happy to report that real estate prices have already
risen dynamically in most of the places that were recommended in the book
version of Escape From America. In two of those places real estate
prices have fallen but not the values. The cause of the fall in prices
in both cases is due to currency problems, not the value of the real estate.
We see both cases as being buying opportunities. We will be writing more
about these opportunities in the coming months.
Offshore Real Estate can also
mean having a dynamic place to live and the beginning of a new more fulfilling
life.
This should go without saying.
Yet many people are fearful about moving abroad. They've come to
believe that everything outside of the USA is somehow dangerous.
It is precisely the opposite. There are numerous countries that are less
violent and have lower crime rates than the USA. America is among
the most violent crime-ridden countries in the world.
Living overseas can be the greatest
adventure of your life. It can open your eyes to an entirely new
way of perceiving your life and the adventures that life provides.
We know of nothing that comes closer to starting your life over than moving
overseas. There is a time worn platitude which states that...
"..you can't run away from your problems." Like most platitudes
it's based on a selective view of reality. You may not be able to
run away from your problems if your problems consist of having a high I.Q.
or a heightened sense of wonder, but you can certainly run away from people
who tell you that you can't run away from your problems. They are
usually found sitting in their backyard watching their life melt away while
you are sitting in a sidewalk cafe on the Riviera planning your day.
You can run away from idiocy, repression, racial tensions, thugs, traffic
jams, and the herd of bureaucrats who want to tell you how to live your
life, raise your children, and more or less regulate every step you take
from birth to the grave. The best answer to give people who tell
you that you can't run away from your problems is that you aren't running
away. ...tell them that you are running towards something, a way
of life that has meaning.
Every day has meaning for us and
we want to assure you that the same can apply to you. We are free.
Free in a way that someone living in America can not even imagine.
The sun rises over the Atlantic ocean and hits the tops of the palm trees,
the parrots start squawking and the Grackles give their high pitched whistle
in the mango trees. We cannot express to you how wonderful it feels
to be free, what a great value it is to our spirits. We know Americans
who live on boats on the Mosquito Coast, Americans who live on coffee plantations
in Costa Rica, Americans who Vineyards in New Zealand, Americans who live
in France, Americans who write for newspapers in Buenos Aires, Americans
who live in the mountains of the Dominican Republic and the list is endless.
With us they all share a common bond, they are free, and they can re-plan
and reconstruct new lives, avoid the old mistakes, make new choices with
a wider range of possibilities and a lower entry fee. ...and of course
there are bumps in the road. Every road in life has potholes.
With a bit of practice you can learn to swerve around them without losing
your sense of freedom or your sense of joy. What you end up with
is new, more fulfilling life in a place that is dynamic and a joy
to be in. Damn, it's fine!
......see you next issue.
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Resources & References
For This Article
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ABC's Of Exchange Controls, International
Real Estate & Foreign Currencies - Buying
Smart In International Real Estate - The purchasing power of a nations
currency profoundly effects the actual price of that nations property.
Currency rates are cyclical and nations with high rates of inflation have
weak currencies subject to periodic devaluation. Immediately following
a devaluation the price of commodities produced within that nation, (as
well as it's real estate), becomes cheaper to buyers who have sound currencies
and are capable of using those sound currencies to make their purchases.
As its population soars, California's
environment approaches a crisis - California
In Crisis -
Belize - Moving to Belize - Belize
- Moving to Belize - Resources on EscapeArtist.com on moving to Belize
- articles, real estate, contacts, links, maps, embassies, more ~
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Cuban
Capitalism - How
To Invest In Cuba - A Complete Guide -
is the compilation of over 5 years of detailed professional and academic
research on Cuba’s slow transition into a modern economy. Since the downfall
of the Soviet Block, Cuba has had to embrace many semi-capitalistic principals
to survive. Cuba has suffered many years of a U.S. imposed political and
economical embargo, yet the island has proved to be an attractive market
that has survived the U.S. pressure while continuing to encourage international
investors to come to the island. |
Dominican Republic - Moving to the
D.R. - Dominican
Republic - Moving to the D.R. - Resources on EscapeArtist.com on moving
to the Dominican Republic - articles, real estate, contacts, links, maps,
embassies, more ~
Doug Casey - Doug
Casey - Doug has written several articles for EscapeArtist.com - his
most recent article brought us a flurry of email and inspired a lot of
positive feedback - You can read it online - Turning
Haiti Into A Tropical Paradise - by Doug Casey
Even The Rats Have Left ~ Commentary
by Bill Bonner - by Bill Bonner - "In many of America's
East Coast cities real estate prices peaked out, in real terms, early in
the 20th century. Since then, almost every investment -- even at very low
prices -- has been a losing one. Whichever direction you look, right or
left, it is the wrong side of the track. Mattresses lying on the ground
in backyards, rusted out cars and factories, boarded up or broken out window
-- garbage everywhere...in piles, in ditches, even in the trees. The scenes
are hard to reconcile with the vision of a New Era -- and everyone getting
rich. These people certainly are not rich. They are not even poor. They
would have to work for years and save their money to reach poverty."
[From The Daily Reckoning] -
Exciting Real Estate Opportunities
In Rio de Janeiro, Brazil - Exciting
Real Estate Opportunities In Rio de Janeiro, Brazil - We took a trip
to Rio de Janeiro, Brazil to research the real estate market for this issue
of the Offshore Real Estate Quarterly. We discovered some startling bargains.
The differences between the currency of Brazil and the US dollar allows
us to purchase a $100,000 apartment in Rio de Janeiro for $US40,000.
If you've ever wanted to live in the world's most exciting city this is
the article to read. Great food, warm people, opera, ballet, art galleries,
modern infrastructure and wall to wall excitement in what is without question
the world's most beautiful city. If you want to live there, or simply want
to make a once in a life time investment we've got the facts to get you
started. We talk about real estate values, location, crime, lifestyle,
and Rio's ambiance.
International Real Estate Market
Place - International
Real Estate Market Place - Our International Real Estate Market Place
is updated around the clock, 24 hours a day, seven days a week. Our
International Real Estate Market Place allows sellers around the world
to make direct contact with buyers. Mansions for sale, ships for sale,
coffee plantations for sale, islands for sale, houses in Italy, France,
Mozambique, or name your spot. You'll find it in the EscapeArtist International
Real Estate Market Place.
IRS Loses Bid To Track Overseas
Tax-Dodgers - IRS
Loses Bid To Track Overseas Tax-Dodgers - Article - The
Internal Revenue Service recently decided to be clever. Their theory was
to check an expatriates' tax status when the expat went into a U.S. embassy
to renew his or her U.S. passport. However, unbeknownst to the IRS,
the expats are no longer renewing their U.S. passports. What the
expatriates are now doing is getting second passports from another nation
before their U.S. passport expires.
Panama - Moving to Panama -Panama
- Moving to Panama - Resources on EscapeArtist.com on moving to Panama
- articles, real estate, contacts, links, maps, embassies, more ~ |
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