CANADA
Prairie
Paradise in Canada - Click
Here - "To me this town is not only a paradise,
its a very inexpensive one. The present population is about 300,
and there are a number of houses for sale in this town and the surrounding
area for $6000 and up. For those who can’t afford a villa in Costa
Rica or a French farmhouse, it’s an excellent alternative." Darwin
C Vickers Moved from the United States to Canada - He tells us how and
why ~ more
CAPE
VERDE
Cape
Properties: Exotic and a Bargain - Click
Here - I've come to the conclusion that property in South
Africa is now among the best bargains in the world, in both absolute and
relative terms. On this trip, I stuck to Jo'berg and the Cape; it's a big
country and I simply put myself in the hands of my fairly numerous South
African relatives. I can't make any recommendations on Jo'burg property
because although it's cheap, I can't see the opportunity, and have no personal
interest in it. That's not to say parts of Jo'berg aren't quite nice. -
Doug Casey on South Africa.
CENTRAL
AMERICA
Belize,
Honduras, Costa Rica, Panamá, El Salvador, Guatemala
The
advantages of Living Overseas: a new and refreshing way to look at Offshore
- Click
Here - Edmund J. Pankau writes about the broader meaning
of offshore, this time in terms of the real advantages to the ordinary
person seeking a lower cost of living, a better quality of life, reasonable
and fantastic real estate, lower taxes, and ground floor business opportunities.
"In recent years, Central America has become the Florida, California and
Arizona of the 1950’s. Remember when you could buy beachfront property
in Florida for a song? When prices in California were dirt cheap?
Well, those days are now in full bloom just a little further south of the
border. The slower paced climate of Central American has awakened
to the realization that is can revitalize its economy by becoming the retirement
center of the western world. All of the things that made Florida and California
boom are now happening in Belize, Honduras and Costa Rica, as is starting
to emerge, Nicaragua, Panama, El Salvador and Guatemala."
COSTA
RICA
Real
Estate in Costa Rica - The Greater Fool Phenomena - Click
Here - An article bound to make more enemies than friends
- Roger Gallo talks about real estate in Costa Rica and how nouveau real
estate agents fresh from Beverly Hills are inviting you to discover Costa
Rica 25 years after the real estate bargains disappeared.
Unique
Expatriate Property For Sale - ‘A Caribbean Hideaway On Costa Rica’s Talamanca
Coast’ - Click
Here - It was the beginning of the Green Revolution,
and my visitors were delighted and amazed that they could live comfortably
and safely in the heart of nature. They could watch hummingbirds fly through
their rooms, which were built in such a way as to capture the breezes from
the sea and the Talamanca Range. They had no need for air conditioning.
At first I had no refrigeration or electricity, but everyone was fascinated
by the wonderful meals prepared over a wood fire with locally grown products,
such as yuca, fish, plantains, fruits of all kinds, and coconuts.
Bread was baked on the wood fire. We picked cacao from our own trees, and
roasted the beans to make hot chocolate and fudge with coconut milk.
DOMINICAN
REPUBLIC
Find
Housing in the Dominican Republic - Click
Here - John Schroder has over 15 years experience on
Wall Street and currently provides assistance regarding Investment information
for the Dominican Republic ( Commercial paper & Certificates of Deposit),
Offshore mutual funds, Real Estate and Apartment Referrals, residency assistance,
and company representation.
Good
Deals in Dominican Republic Real Estate By Robert Fordi - Click
Here - Robert Fordi is a highly regarded real estate
investment advisor who organizes tour groups to various nations in order
to introduce investors to unique real estate bargains. On these tours he
shows his groups exactly where the bargains are and introduces his travel
companions to his personal real estate contacts in the area. He concentrates
on unique locations with interesting real estate potential.
The
Caribbean “Country Squire” - Real Estate Bargains In The Dominican
Republic - Click
Here - When you think of the Caribbean, you think beaches,
beaches, and more beaches. The reality is, plenty of beautiful beachfront
property does exist, but there is an equal opportunity to become a “country
squire” as well. Sound too good to be true? We took a look
around at what was available in the Dominican Republic real estate market
recently and found some very reasonably priced building lots and acreage
for our clients. Some of these properties are located in the beautiful
mountain region near Santiago. We also found some new homes and new
residential projects in sections of the Santo Domingo area that may be
ideal for an inexpensive get-a-way or retirement home.
The
Dominican Republic Property Market By Jerald Ritter - Click
Here - Want to live the Caribbean life? Would you like
to own a tropical hideaway that could return a nice income? Thinking of
investing in the islands? Where are the best values now? Jerald Ritter
has lived in and invested in the Caribbean and Latin America for much of
the past thirty years. He publishes the Caribbean Property List Magazine,
the largest online directory of Caribbean and Latin properties for sale.
HONDURAS
Roatan
Secrets
of a Real-Estate Developer ~ “How I built a profitable Roatan resort on
a shoestring budget” - Click
Here - One of the most important lessons I learned in
this project was this: Build your amenities first. For us, this meant the
pool…the dock…and the landscaping. You do this because when people come
to look at your place they buy into the whole package. If they can see
the pool and other amenities in place they know 1) that they will definitely
be there and 2) what the place will look like when finished. What I’ve
realized is that people are as interested in what their surroundings will
look like as they are with what their actual house will look like. [From
The Best of International Living]
INDONESIA
Bangkok,
Bali & Philippines
Looking
At Real Estate In Bangkok, Bali & The Philippines - Click
Here - I then went to Bangkok, a hot and crowded place,
but my favorite city in this part of the world, probably even ahead of
Hong Kong. Poor planning got me there in the middle of the Thai New Year,
which meant everything was shut down for a week, and I didn't get a chance
to see a lot of property. On the other hand, the whole city goes wild with
a water festival; you walk down any street and after five minutes you're
completely soaked from squirt guns and buckets of water thrown at you,
day or night. It's great fun. Bangkok reminds me of L.A. without the social
problems. If you're thinking of living in the Orient for a while, this
is the place. - Doug Casey looks for real estate in the Orient.
ITALY
Living
In Italy - Click
Here - For those Americans wanting to live in the land
of Dante, home of Michelangelo, the birthplace of Columbus, there is good
news: unless you want to buy property in the center of a major town,
Italy can be a bargain. All it takes is patience and flexibility
in choosing a residence.
MEXICO
The
Costa Maya and the Western Caribbean - Click
Here - If you continue on another 90 miles you will arrive
in Mérida, the "Paris of the West". The city dates from the 1500's
and offers, plazas, promenades, parks, intl and regional restaurants, tree-lined
boulevards, big old mansions, Spanish colonial ambiance and Mayan tranquility.
Mérida is very clean and safe. Just 30 miles from the Gulf coast,
it has the lowest crime rate per capita in all of Mexico. If you want to
retire to México, but don't want to live in a resort town lacking
soul and history, come to Mérida.
PANAMA
Casco
Viejo -
Click
Here - The oldest city on the Pacific Coast of the Americas
comes under the pen and camera of Escape From America editor Roger Gallo
- A 300 year old city filled with architectural treasures and picture-postcard
views. Care to remodel a 300 year old building filled with history? The
prices are affordable. ~ more
Simple
Steps to Buying Property in Panama - Panama
Property Easy as ABC - Our EscapeArtist friend from Volcan,
Panama, writes to us on how simple, safe, and secure it is to purchase
property in Panama. The five steps William Hemingway outlines are the basis
of purchasing property in Panama and much of the rest of the region. Volcan,
Bocas del Toro, and Boquete are featured. "The Chiriqui Provence and Bocas
del Toro Provence offer buyers the best choices in the world for beautiful,
ideal highland properties and tropical island properties," writes Hemingway.
"Anyone can buy and fully own property without being a resident of Panama.
All you have to do is show your passport upon purchase." And, your purchase
and ownership is protected.
PHILIPPINES
Bangkok,
Bali & Philippines
Looking
At Real Estate In Bangkok, Bali & The Philippines - Click
Here - I then went to Bangkok, a hot and crowded place,
but my favorite city in this part of the world, probably even ahead of
Hong Kong. Poor planning got me there in the middle of the Thai New Year,
which meant everything was shut down for a week, and I didn't get a chance
to see a lot of property. On the other hand, the whole city goes wild with
a water festival; you walk down any street and after five minutes you're
completely soaked from squirt guns and buckets of water thrown at you,
day or night. It's great fun. Bangkok reminds me of L.A. without the social
problems. If you're thinking of living in the Orient for a while, this
is the place. - Doug Casey looks for real estate in the Orient.
ROMANIA
Romania
- Doug Casey Evaluates The Gypsies, Real Estate, Stock Market & Culture
Of Romania - Click
Here - Romania, with brief intervals of respite, has
been a hard luck story for most of its history. Unlike a lot of other countries
of which that's true, I have a good feeling about the place. But most investors
give the country a discount, mainly because they're unfamiliar with it.
And, insofar as they are familiar with it, they've heard mostly dated and
unfavorable things. That's fine. It's why the opportunity exists. - If
anything, property is a better buy than stocks. Bucharest is very cheap
by most standards; I'll guess about 25% of Western European levels for
equivalent buildings. But that's not what got my attention. The fact is
that the country probably has the best farmland in Europe-- flat, deep,
rich topsoil in the Danube basin, combined with a fairly mild climate.
SPAIN
Buying
a Home in Spain - Click
Here - Spain offers infinite variety with something for
everyone, including magnificent beaches for sun worshippers and spectacular
unspoiled countryside for magnificent vistas and peaceful strolling.
There are also an abundance of mountains and seas for sports fans and a
vibrant night-life for the jet set. For those who are comfortable living
in cities, there are bustling sophisticated metropolises. The Costa Blanca
and Costa del Sol have the highest percentage of retired persons in the
world, when both Spaniards and foreigners are included. If you’re seeking
a second home, will it be mainly used for long weekends or for lengthier
stays?
Switzerland
- Spain [CARIBBEAN PROPERTY]
1,000
Mile Bike Ride to Spain - Click
Here - In October 1999, I set out alone on a bike from
Zurich, Switzerland to Cadiz, Spain to get back in shape. The plan was
to get in condition as I biked along. Switzerland was probably the wrong
place to start - like training to fight Tyson while fighting him. An article
by Jerry Ritter - When Jerald Ritter isn't riding his bike he is publishing
a magazine on living in the Caribbean. He has lived in and invested in
the Caribbean and Latin America for much of the past thirty years. He publishes
the Caribbean Property List Magazine, the largest online directory of Caribbean
and Latin Americans properties on the Internet.
SWITZERLAND
Switzerland
- Spain [CARIBBEAN PROPERTY]
1,000
Mile Bike Ride to Spain - Click
Here - In October 1999, I set out alone on a bike from
Zurich, Switzerland to Cadiz, Spain to get back in shape. The plan was
to get in condition as I biked along. Switzerland was probably the wrong
place to start - like training to fight Tyson while fighting him. An article
by Jerry Ritter - When Jerald Ritter isn't riding his bike he is publishing
a magazine on living in the Caribbean. He has lived in and invested in
the Caribbean and Latin America for much of the past thirty years. He publishes
the Caribbean Property List Magazine, the largest online directory of Caribbean
and Latin Americans properties on the Internet.
THAILAND
Bangkok,
Bali & Philippines
Looking
At Real Estate In Bangkok, Bali & The Philippines - Click
Here - I then went to Bangkok, a hot and crowded place,
but my favorite city in this part of the world, probably even ahead of
Hong Kong. Poor planning got me there in the middle of the Thai New Year,
which meant everything was shut down for a week, and I didn't get a chance
to see a lot of property. On the other hand, the whole city goes wild with
a water festival; you walk down any street and after five minutes you're
completely soaked from squirt guns and buckets of water thrown at you,
day or night. It's great fun. Bangkok reminds me of L.A. without the social
problems. If you're thinking of living in the Orient for a while, this
is the place. - Doug Casey looks for real estate in the Orient.
The
Best Of International Living - Click
Here - Buying Real Estate in Bangkok: Bargains
in Asia’s most livable city - A new series to the Escape From America Magazine.
Each month we'll feature the best of International Living Magazine. If
you don't know what International Living Magazine is all about, you're
in for a treat!
VOLUNTEER WORK
BULGARIA
Volunteer
Vacations - Click
Here - It's 6 a.m. in Bansko, a farm village at
the foot of Bulgaria's Rila mountains. Joulia, the 20-year-old Bulgarian
leading this workcamp, wakes her twelve volunteers for a breakfast comprised
of banitza, homemade cheese pastries, and milk so fresh it's still warm.
The dirty dozen is bleary from a late night of plum brandy and dancing
in Bansko's disco. Every summer, 33,000 people leave their countries for
parts unknown. Their destinations are any one or several of over 2,200
workcamps scattered over 90 countries, from Argentina to Zimbabwe.
Some will work with farmers in the fields, others with children in the
inner cities. By volunteering their time and money to help distant neighbors,
all share the common goal of global peace and responsibility.
ETHIOPIA
Warm
Milk and Closed Windows - Ethiopia!!!
~ Take Me Home Toto! - As a Peace Corps volunteer recently
returned from Ethiopia, Gina Perfetto’s stories are varied. She has had
authentic human interaction in foreign cultures as the following story
well illustrates. The story records an encounter with an irate passenger
on a bus in Ethiopia. Gina writes from the hip and tells it like it is:
of dusty friends on a back road to nowhere, of dominating males in an archaic
society, of a longing for logic and sense ... a return to sensibility.
Africa,
Antarctica, Asia, Australasia, Central and Eastern Europe, Eastern and
Central Europe, France, Austria, Italy,
Germany,
Switzerland, Ghana, Greece, Kenya, Latin America, Mediterranean, Middle
East, Netherlands, Belgium,
Luxembourg,
Scandinavia, Spain, Portugal, United Kingdom and Ireland, Worldwide, Worldwide
Jobs, Worldwide Teaching Jobs, Worldwide Voluntary Service
Short
Term Work Resources ~ Resources for Locating Jobs Abroad - Click
Here - Transitions Abroad
has
collaborated with Escape from America Magazine to bring escape artists
a broad and exhaustive compilation of job opportunities in over 30 countries
all over the world, including a regional guide to the Mediterranean, Latin
America, Central and Eastern Europe, Europe, Asia, and the Middle East.
In addition to that treasure, this page and the next offer sound leads
to serving in a voluntary capacity, as well as teaching overseas at some
of the world's most prestigious schools. In following issues of Escape
from America Magazine, we will be adding to this valuable resource on a
regular basis. We know how important our Jobs Overseas section of
your magazine is, and we're doing something about it. Check
it out.
PHOTO ESSAYS
PANAMA
I
Don’t Wanna Leave! A PhotoEssay of Bocas Del Toro, Panama - Click
Here - Mark McMahon is an award winning photographer
and writer. He is currently on an expedition driving from Arizona to the
tip of South America in a toyota 4x4! He created Filmtrips.com to
share his adventures. And he does indeed find adventure along the way!
He is in now Panama and soon will cross over into South America to
visit the Amazon , Machu Pichu, and the Galapagos Islands! Note: Images
- Slow page.
URUGUAY
Colonia
del Sacramento, Café Tortoni & Punta del Este - Three Places
Connected In Time & Space - Click
Here - A four part article. We have a description
& analysis of Uruguay as an expat destination, an interview with an
expat friend of ours who is currently living in the resort city of Punta
del Este, Uruguay, and two photo essays; one by Gustavo Gatto on Colonia,
a unique art colony in a small historic city in southern Uruguay, and a
photo-essay by Mónica Molina on the Café Tortoni, a famous
bohemian cafe in Buenos Aires. Are you ready to Tango?
U.S.A.
Images
of Sorrow ~ The World Weeps ~ Photos from Around the Globe -
Photo
Essay - The images included in this photo essay were
gathered from the magazine's subscribers all over the world and from Internet
resources. They depict with understated clarity the sorrow felt the
world over in the week following the terrorist attack on US citizens and
citizens from over 80 other countries who were in New York and Washington
D.C. on the morning of September 11, 2001. The photographs also demonstrate
the ability of a world of people to stand together united in concern for
the welfare of others. Let peace throughout the world finally reign.
We invite all readers to contribute to the contents of these pages by sending
their photos as JPEG attachments to the Editor of Escape from America Magazine
so they can be shared with others.
Articles by: DOUG CASEY
BALI,
BANGKOK & PHILIPPINES
Looking
At Real Estate In Bangkok, Bali & The Philippines - Click
Here - I then went to Bangkok, a hot and crowded place,
but my favorite city in this part of the world, probably even ahead of
Hong Kong. Poor planning got me there in the middle of the Thai New Year,
which meant everything was shut down for a week, and I didn't get a chance
to see a lot of property. On the other hand, the whole city goes wild with
a water festival; you walk down any street and after five minutes you're
completely soaked from squirt guns and buckets of water thrown at you,
day or night. It's great fun. Bangkok reminds me of L.A. without the social
problems. If you're thinking of living in the Orient for a while, this
is the place. - Doug Casey looks for real estate in the Orient.
CAPE
VERDE
Cape
Properties: Exotic and a Bargain - Click
Here - I've come to the conclusion that property in South
Africa is now among the best bargains in the world, in both absolute and
relative terms. On this trip, I stuck to Jo'berg and the Cape; it's a big
country and I simply put myself in the hands of my fairly numerous South
African relatives. I can't make any recommendations on Jo'burg property
because although it's cheap, I can't see the opportunity, and have no personal
interest in it. That's not to say parts of Jo'berg aren't quite nice. -
Doug Casey on South Africa.
CHILE
Looking
At Chile As A Place To Live & Invest - Click
Here - From the Best of Doug Casey series, an article
on Chile. ~ "Buy real estate. When I visited Chile in 1980, 1 spent some
time with a wealthy local at his house in one of Santiago's most fashionable
suburbs. The house was typical of those owned by the upper classes in a
Third World country; large, lots of handcarved fittings and furniture,
swimming pool, tennis court, extensive landscaping, etc. At the time, it
was worth about $25,000; today it's worth well over $1,000,000."
CHINA
Investing
In China: The 21 Century Powerhouse - Click
Here - By Doug Casey - "Most Americans are provincial.
If they travel anywhere, it's likely to be to Western Europe; the Orient
(forget about Africa and South America) is pretty much Terra Incognita.
The distinctions between the different countries and cultures in the Orient
-which are as least as great as those in Europe - escape most of them."
One of the leading investment consultants in the world, Doug Casey is well
known as an authority on international investments. Casey has lived in
seven countries, and visited over 150 ~ most several times. In this article
on China Doug talks about the current investment climate in China and discusses,
Shanghai, which he calls The Blade Runner City, Beijing, Democracy
& Freedom, State & Party, Falun Gong, Societal differences, and
why the future in China is better than just good. This article is
a must for anyone concerned with the future, with investments, with the
way the world is changine and what those changes mean to us.
CUBA
Doug
Casey in Cuba - Doug
Casey in Cuba - The guru of offshore and international
living provides some reminiscence & analysis of the changes in Cuba
over the past five years - he knows his stuff ~
GHANA
The
Gold Coast - Making Millions In Ghana - Click
Here - Doug Casey always seems to write stuff that's
fun to read. In this article he has us believing that we can make
zillions in Ghana. As he puts it, "Making a zillion dollars in a
country like Ghana is potentially much easier than making it in the U.S.
That's because you (the reader) have unique experiences, connections,
knowledge, and capital that - while they're commonplace in more advanced
countries - go a long way in an less developed countries (like Ghana),
where you're automatically a big fish in a little pond." ~
HAITI
Turning
Haiti Into A Tropical Paradise - Click
Here - ...in essence, it's possible to transform a hellhole
like Haiti into the kind of place you'd want to move to, no matter where
you now live, regardless of other considerations. If there were ever a
true free market country, the place would be so overrun with rich people
that workers now making $1 a day would be in demand at $15 an hour... Doug
Casey has a plan to turn Haiti from a basket case into a tropical paradise
- Is this just a pipe dream or is it a possible reality? Doug Casey's
reputation is world renown, his expertise is amazing.
MOZAMBIQUE
Opportunity
in Mozambique - Click
Here - I stayed mostly with an Afrikaner who had staked
out 20 hectares (50 acres) of beautiful beach about an hour out of town;
his cost basis is basically zero. The government gave it to him because
he committed to develop it for tourism; someday it's going to be worth
what prime beach front just outside a city is worth anywhere else in the
world. He'll fill his property with Germans and Swedes flying down to beat
the European winter while taking advantage of fresh lobster and fish that
cost almost nothing. And there aren't just hundreds, but thousands of miles
of pristine deserted beach on this country's coast.
ROMANIA
Romania
- Doug Casey Evaluates The Gypsies, Real Estate, Stock Market & Culture
Of Romania - Click
Here - Romania, with brief intervals of respite, has
been a hard luck story for most of its history. Unlike a lot of other countries
of which that's true, I have a good feeling about the place. But most investors
give the country a discount, mainly because they're unfamiliar with it.
And, insofar as they are familiar with it, they've heard mostly dated and
unfavorable things. That's fine. It's why the opportunity exists. - If
anything, property is a better buy than stocks. Bucharest is very cheap
by most standards; I'll guess about 25% of Western European levels for
equivalent buildings. But that's not what got my attention. The fact is
that the country probably has the best farmland in Europe-- flat, deep,
rich topsoil in the Danube basin, combined with a fairly mild climate.
RUSSIA
A
Short Course In Clearing Customs - Click
Here - by Doug Casey "I probably
enter and leave the U.S. about two dozen times a year. By far the most
unpleasant part of traveling --- more than the delays, the endless
hours in a flying cigar tube, the irregular schedules it entails
--- is going through customs and immigration. The people working for these
agencies are about the bottom of the barrel."
Looking
at Russia - Investing in Russia - Click
Here - By Douglas Casey. Doug Casey needs no introduction,
he is one of the most astute expatriate investors in the world. In this
article he turns his attention to Russia and gives seasoned advice.
The
Less Friendly and More Inquisitive Skies - Click
Here - By Doug Casey - There are many unsavory
features about flying today. Crowded airports, packed planes, squalling
kids, people dressed like they're coming from the gym (except they're usually
too fat for that ever to be the case). The lower class atmosphere surrounding
the
whole experience is reminiscent of Riding the Dog (taking a Greyhound bus)
in years past. It's even worse, since bus travel never subjected passengers
to impertinent questions, mandatory x-ray of luggage or a possible strip-search
by minimum wage dingbats. If Hieronymus Bosch was alive today, he'd
paint airport scenes.
VANUATU
Plantations
In The South Pacific - Vanish To Vanuatu - Click
Here - There are perhaps three ways to look at property:
As a productive asset, as a speculative holding, or as a lifestyle proposition.
I've spent a fair amount of time and money flying around Vanuatu to get
a grip on property, and I think it's worth considering, possibly on all
three bases.Vanuatu is certainly one of the world’s more beautiful locations.
James Michener used it as the model for Bali Hai when he wrote Tales of
the South Pacific while he was stationed here during WW II. The French
developed numerous copra plantations on the islands over the 100 years
up to independence in 1980, and they're still the dominant factor in today's
economy.
Articles by: ROGER GALLO
COSTA
RICA
Real
Estate in Costa Rica - The Greater Fool Phenomena - Click
Here - An article bound to make more enemies than friends
- Roger Gallo talks about real estate in Costa Rica and how nouveau real
estate agents fresh from Beverly Hills are inviting you to discover Costa
Rica 25 years after the real estate bargains disappeared.
CUBA
Living
In Cuba - Click
Here - Our first report on what may be an extended series
about living in Cuba. This article by Escape From America editor Roger
Gallo is an introduction to living on the Grand Island.
BELGIUM
Trying
to Pick a New Country to Live In - Part Two - Click
Here - Last month we looked at the subtleties in making
judgments about an expatriate destination. We saw that while a country
like Belgium has excellent schools, high culture, fine art, good food,
great beer and all of the amenities we might desire, it doesn't have the
open spaces, excellent real estate prices and low population density of
a country like Belize. Which is better? - Escape From America
Editor Roger Gallo provides more wit and wisdom in part two of this inquiry.
DOMINICAN
REPUBLIC
Moving
to the Dominican Republic - Click
Here - Our opening article on the Dominican Republic.
A European secret in the Caribbean, the Dominican Republic has a tourist
ratio of 84% Europeans and 15% North Americans. An easy country to move
to and live in, the Dominican Republic contains miles of unspoiled
beaches and excellent investment opportunities.
The
Passport Question ~ How To Legally Obtain A Second Passport - Click
Here - The most frequently asked question on this website
always refers to the issue of obtaining a second passport - It is
very apparent that the desire to have a second passport has entered the
mainstream of our culture - The cat is out of the bag. -- EscapeArtist
editor Roger Gallo tackles the 2nd Passport question.
NEW
ZEALAND
Migrating
to New Zealand - Immigration Tips for New Zealand - Click
Here - Want to move to a New Zealand? In this long awaited
article, Roger Gallo talks with Kim Saull of Malcolm Pacific International,
a well known immigration consultancy in Aukland, New Zealand. The advice
given doesn't pull any punches, only the qualified need apply.
PANAMA
Casco
Viejo -
Click
Here - The oldest city on the Pacific Coast of the Americas
comes under the pen and camera of Escape From America editor Roger Gallo
- A 300 year old city filled with architectural treasures and picture-postcard
views. Care to remodel a 300 year old building filled with history? The
prices are affordable. ~ more
The
Road To Charlie's House - Living On An Island ~ Isla Taboga - Click
Here - Sea breezes circulate through the open shutters
facing the sea. The opposite end of the house has veranda-like balconies
that hang over the street. The verandas provide a restful place to sit
and view the village with its narrow winding footpaths and colonial architecture.
The village is nestled against a lush green tropical hillside and the footpaths
meanander like a labyrinth up through the village and into the surrounding
jungle. The house also has a basement floor which leads out into a garden
at the rear of the house. In the garden there are lemon and orange
trees as well as the ancient foundations of a long forgotten structure,
the stone remains of which stick up through the riot of bougainvillea,
jasmine and wild hibiscus and give an effect like that of an abandoned
sculpture garden gone crazy with flowers.
URUGUAY
Colonia
del Sacramento, Café Tortoni & Punta del Este - Three Places
Connected In Time & Space - Click
Here - A four part article. We have a description
& analysis of Uruguay as an expat destination, an interview with an
expat friend of ours who is currently living in the resort city of Punta
del Este, Uruguay, and two photo essays; one by Gustavo Gatto on Colonia,
a unique art colony in a small historic city in southern Uruguay, and a
photo-essay by Mónica Molina on the Café Tortoni, a famous
bohemian cafe in Buenos Aires. Are you ready to Tango?
VIRGIN
ISLANDS
Making
Choices - Trying to Pick a New Country to Live In - Click
Here - There are opportunities everywhere. I’ve heard
from reliable sources that no one, I repeat, no one is supplying fresh
produce or vegetables on any of the American Virgin Islands. Produce
has to shipped into the Virgins from afar at great shipping cost. (causing
the available produce in V.I. markets to be high in price and dated in
flavor.) The reason for the lack of locally grown produce, or so we’ve
been told, is a scarcity of water. There are several ways to grow
fresh vegetables hydroponically that utilize low water-consumption methods.
As a matter of fact, upon hearing about that lack of fresh produce in the
Virgins I spent several days reading about hydroponic methods and thinking
about what it would take to set up such a venture. It was a rather
intriguing few days. It would be lots of hard work, but in our opinion
it would be fun, in addition to it’s having the potential of being extremely
lucrative. There are numerous nearby islands that would also be interested
in purchasing fresh produce. The venture would take some serious
research. Hydroponics is a science; but it isn’t rocket science and
we believe that anyone with a brain could learn what is required to be
successful.
Articles by: JOHN SCHRODER
PANAMA,
U.S.A., DOMINICAN REPUBLIC
Back
Door Tax Free Offshore Investing - Click
Here - An Anonymous Offshore Brokerage Account - most
people do not know that US brokerage accounts titled in the name of a foreign
person or entity are exempt from capital gains. As a result, there
is no "Tefra" or back-up with- holding on profitable stock trades.
Clients of course are required to complete a W-8 form, stating it is a
foreign account in order to take advantage of this (if the account is titled
directly in the name of offshore structure or foreign client).
Articles by: ADRIAN LEEDS
Articles by: ROBIN SPARKS
FRANCE
Female,
In Search Of A Country - Click
Here - In Placencia, Belize, unlike Paris, I settled
in for a nap every afternoon in an audio space saturated with the melodious
songs of birds. On the other hand, the sand flies in my bed kept me twitching
and slapping, preventing me from napping as assuredly as the landscapers
in the Paris garden below. ~ The first in a series of articles by Robin
Sparks Daugherty. Join her in our webZine as she interviews expatriates
around the world and shares the individual tales of escape artists from
Belize to Paris, to China and the Middle East, down to South America and
beyond. You won't want to miss this series.
"Je
Ne Parle Pas" In Paradise - Robin Sparks Gets Culture Shocked - Click
Here - You move into a flat in the St. Germain des Près
and you sip a Kir Royal under a vermilion awning at the Buci Café
and you think, 'things don't get much better than this.' But the fact that
you don't speak French begins to make things interesting. You have to plot
how to get from here to there after you figure out where there is. And
that means learning how to use Europe's oldest subway system, the Métro.
You need to make a phone call, but first you must find out where to buy
phone cards, and then where to use them. Where is the laundromat and how
do you use it once you get there?
Passion
Play In Paris - Click
Here - By Robin Sparks - I set out to “know” Paris
in my favorite way -- by blending in and pretending to be one of
its residents. I negotiated Paris via the Metro. I sipped kirs at Les Deux
Maggots (OK, so I did hit one or two tourist spots). At en plein aire cafés
I stared unabashedly with the rest of the audience at the street theatre
as it strolled past. I learned quickly to pick out the Frenchmen from other
European males by the similarity of their narrow noses and lips, wire rimmed
glasses, receding hairlines, and thousand dollar suits. I shopped daily
at the patisseries and the boucheries and the tabacs and the outdoor markets.
I paraded down the Champs-Elysées adapting the I-Love-Being-A-Woman
attitude that French women wear so well.
Running
Away To Home - Robin Sparks in Paris - Click
Here - The place is filling now with an interesting crowd.
People are buzzing around, moving into the main room. The techno music
has changed to jazz and the volume has been turned up a notch. Tres interessant,
and here I sit pecking away. A blonde man leans over my table and begins
speaking to me in French. I take off my glasses, look him in the eye, and
say, "Je ne parle pas beaucoup Francais. Parle vous Anglais?" "Un petite
peu,"? he says.
Which
Way To Heaven? - Click
Here - by Robin Sparks - Through Hell, High Water,
and a Hurricane: the story of one couple’s perilous journey from New England
to Belize - "The 2500-mile journey symbolized for the couple the end of
20 years of dreaming and the beginning of a two-year trial run in the charter
sailboat business. What they didn’t know was that the biggest storm to
hit the Caribbean in 500 years would rearrange their plans -- it would
kill one of their dearest friends, nearly destroy their catamaran, and
cause months-long delays and financial depletion. No one said moving to
a third world country would be easy..."
MEXICO
Paradise
Found? - The Expatriate Scene In Xcalak, Mexico - Click
Here - We sat around a table under a palapa with Darrell,
his fishing guide, Mike from Minnesota, and Stephen, an American expatriate
from Sweden, who vacations here once a year for “the quiet and solitude.”
Miguel popped open five Sols behind the open-air bar. I looked around and
thought, “Is this real?” - The cerulean Caribbean lapped at the scalloped
edges of a bleached-white beach, dotted with inward leaning palm trees,
and best of all, no people. There in the middle of paradise, the hours
ambled by. Stories were told. Palm fronds crackled in the breeze,
pelicans landed on the pier and took off again, and the smell of the hamburgers
Miguel was grilling filled the air.
INVESTING OFFSHORE
AFRICA
The
Case for an International Venture Fund - Click
Here - A friend of a friend of mine was starting a commercial
fishing operation based in Africa. He had taken the time to have a proper
business plan prepared; complete with his own audited financial statement.
This person was in need of a business loan to complete the purchase of
a boat and equipment. He has had 12 years of commercial fishing experience,
is familiar with various wholesalers to sell to, and had roughly 30% of
his own cash in the deal. He could NOT get this deal done in the US!
AUSTRALIA
Expatriates
Build Wealth in Australia - Click
Here - The Aussie dollar is at an all time low against
the American dollar and the strong Pound Sterling, consequently there is
strong purchasing power for Expats and UK residents in Australia. Australia
welcomes foreign investment in real estate. Overseas investors can
therefore obtain the benefit of freehold title. To take advantage
of this, major developers such as Central Equity apply to the Federal Government
Foreign Investment Review Board to gain permission to sell their residential
apartments to foreign investors prior to releasing their development to
the public.
BAHAMA
Things
Are Better On Grand Bahama - Click
Here - Living and investing in the Bahamas is made a
lot easier when you have someone who knows the ropes. Jerry Ritter knows
the ropes better than anyone we know. He tells us about the Grand Bahamas.
It comes as a surprising to some that the Bahamas actually consist of over
700 islands. Some of them are gems. If we lived there and had a boat we
could see them all -- one day at a time.
BELIZE
Adapter
Kit: Belize ~ Everything You Ever Wanted To Know About Living, Retiring
& Investing In Belize ~ by Lan Sluder - Adapter
Kit: Belize - Belize is a favorite of those seeking a
calmer lifestyle in close proximity to the wonders of nature. It's
a place where Big Brother isn't looking over your shoulder and you can
set your own building codes or own a flock of chickens. It's a place where
you can spend the day fishing without trying to keep up with the Jones's.
It's also become one of the hottest expatriate destinations in Latin America.
In a world that cries out for 'how to' books, a 'how to' book on moving
to Belize was sorely needed. That need was recently met by Lan Sluder,
with the publication of his Adapter Kit: Belize from Avalon Travel
Publishing.
Belize's
New Residency Program - Some Say It's The Best In The World! -
Click
Here - You can set up an office in Belize and run your
business from there, (taking advantage of the low overhead costs, and tax
free status we might add ) and still qualify for this program, as long
as none of the money your company earns comes from a source within Belize.
In this age of e-commerce and telecommuting , this scenario could work
for a vast number of people. ~ Bill & Claire Gray tell us how to move
to Belize - Sounds good, but who in their right mind wants to live on a
white-sand beach when they could be living in Detroit?
Finding
Offshore's Basis in International Law - Click
Here - by Philip LaMar Jr. - ...while governments
of economically powerful nations may continue to exert political pressure
to bend the will of smaller nations, International Law requires that the
sovereignty of nations be respected in courts of law. With this protection
in place, a small nation may enact legislation designed to shelter foreigners
and to attract foreign wealth, and it is not possible for a superpower
to conduct a judicial examination of the smaller nation’s governmental
action.
Offshore:
Who Goes There? - Click
Here - "In my experience working
in tax havens, I continue to be surprised by the diversity of people I
meet seeking offshore services. It is not easy to speak of a typical client
profile. Clients hail from every part of the world and are of every conceivable
political persuasion, vocational background and economic circumstance.
People who go offshore can generally be described as being dissatisfied
with tax rates, threats to their assets, invasion of their privacy and
unavailability of diverse investment opportunity."
You'd
Better Belize It's Better -
Click
Here - Tim Sheppard and his wife Yumiko
took a trip to Belize and ended up buying property there. Tim says,
"I have been looking for my own personal spot in the sun for several years.
The US is too crowded, expensive, and I’m tired of all the damn rules.
I’ve been searching Costa Rica, Honduras, and Nicaragua for that great
deal. I’ve been disappointed as I searched from Tela to Trujillo,
and from San Juan del Sur to Blue Fields and Isla de Maiz. Unfortunately,
too many people saw “gringo” and thought that meant “mucho greenbacks.”
I love the countries and culture, but the prices have just been too high.
I was surprised that Belize, undoubtedly the most expensive Central American
country for day-to-day stuff, had the best deals I’ve found on land."
BRAZIL
Brazil
- Almost Paradise - Click
Here - "Norman Morrison at OceanView Tours explains that
because of the current exchange rate, there has never been a better time
to consider investing in property in the state of Ceara, [Brazil] where
oceanfront properties are available at a third to a sixth of the cost in
prime areas of the U.S.. Ceara has some 300 miles of great beaches." ~
Ruth Halcomb from the Network for Living Abroad Newsletter writes about
Brazil
CAPE
VERDE
Investing
in Cape Verde: Part I - Click
Here - The word is out. The Islands of Cape Verde are
a fertile ground for investors. Both individuals and corporations looking
for the potential that exists with the special balance of enough development
to get things done, but not so much development that there is nothing left
to do, are leaving their native countries and settling on the Islands.
However, if you want to see your dream come true, you'll have to do more
than just show up. Here are some steps that may help you along the way.
CHINA
Investing
In China: The 21 Century Powerhouse - Click
Here - By Doug Casey - "Most Americans are provincial.
If they travel anywhere, it's likely to be to Western Europe; the Orient
(forget about Africa and South America) is pretty much Terra Incognita.
The distinctions between the different countries and cultures in the Orient
-which are as least as great as those in Europe - escape most of them."
One of the leading investment consultants in the world, Doug Casey is well
known as an authority on international investments. Casey has lived in
seven countries, and visited over 150 ~ most several times. In this article
on China Doug talks about the current investment climate in China and discusses,
Shanghai, which he calls The Blade Runner City, Beijing, Democracy
& Freedom, State & Party, Falun Gong, Societal differences, and
why the future in China is better than just good. This article is
a must for anyone concerned with the future, with investments, with the
way the world is changine and what those changes mean to us.
CUBA
A
Connecticut Yankee’s guide for success in Castro’s Court - Click
Here - By Louis Sola, Managing Director of Berkshire
Financial Services. Lou's company, Berkshire is currently involved in setting
foreign investments in Cuba.
Buy
Cuba's best businesses - Buy
Cuba's best businesses - For 36 years, U.S. business
people have not been allowed to legally invest in Cuba. However,
you may run across the odd American who has managed to figure out a way
to sneak past the restrictions ... and thereby profit. From International
Living Magazine -
Cuban
Capitalism - A Guide to Trade and Investment in Pre and Post Embargo Cuba
- Click
Here - A chapter from the book Cuban Capitalism by Louis
Sola including an introduction by the author. To our knowledge, Cuban Capitalism
is the only investment book on Cuba. It is written by someone with
five years of first hand experience including providing all the legal and
financial obligations to the first 100% foreign investment on the Island
as well as overseeing trade and insurance's for major trading partners
wanting to do business inside Cuba.
Cuban
Capitalism - A Guide to Trade and Investment in Pre and Post Embargo Cuba
Part Two - Click
Here - Another chapter from the book Cuban Capitalism
by Louis Sola. To our knowledge, Cuban Capitalism is the only investment
book on Cuba. It is written by someone with five years of first hand
experience including providing all the legal and financial obligations
to the first 100% foreign investment on the Island as well as overseeing
trade and insurance's for major trading partners wanting to do business
inside Cuba.
DOMINICA
Analysis:
Dominica Remains an Excellent Choice for Economic Citizenship - Click
Here - Economic citizenship programs give you the opportunity
to legally acquire a new nationality quickly and simply, without major
disruptions to your life. While there are many “instant citizenship” schemes
promoted on the Internet and elsewhere, currently only five countries offer
legal and clearly defined citizenship for investment programs on a statutory
basis, commonly known as economic citizenship programs. This article focuses
on Dominica. Dominica’s economic citizenship program is based on a solid
legal foundation. It is clearly defined in the laws and in the constitution
of Dominica.
Dominica:
Encouraging Investment, But Not at Any Price -
Click
Here - by: Christopher E.J. Main - Ms.
Lucilla Lewis of Dominica’s International Business Unit (IBU) reports that
by December 1998, 173 investors had successfully applied for economic citizenship
in Dominica through the Program and a total of 341 passports have been
issued, showing the popularity of Dominica’s special fee structure for
families; a one-time payment to the Government of US$50,000 qualifies the
investor, his or her spouse and their two children (under 18 years old)
for economic citizenship. Another option is purchasing US$75,000
in 15-year bonds and paying additional application fees. From The Best
of Offshore Finance Canada -
ECUADOR
Crisis
investing in Ecuador: Rock-bottom property prices, fabulous ocean views,
and easy living - Click
Here - “Ecuador has it all,” I said
to the group of adventure-some International Living readers traveling with
me to my adopted homeland. “Beauty, convenience, and incredibly low cost.
And right now, prices are lower than ever.” I was having little
trouble convincing this crowd. We sat at a cliff-top restaurant and watched
the Pacific stretch blue and serene to the horizon. Miles of empty beach
lay in our view. And we had just returned from inspecting Mediterranean
villas that overlook a sleepy fishing village and the sea (on offer for
only $35,000). by Gary Scott - From the Best of International Living
HONDURAS
Roatan
Secrets
of a Real-Estate Developer ~ “How I built a profitable Roatan resort on
a shoestring budget” - Click
Here - One of the most important lessons I learned in
this project was this: Build your amenities first. For us, this meant the
pool…the dock…and the landscaping. You do this because when people come
to look at your place they buy into the whole package. If they can see
the pool and other amenities in place they know 1) that they will definitely
be there and 2) what the place will look like when finished. What I’ve
realized is that people are as interested in what their surroundings will
look like as they are with what their actual house will look like. [From
The Best of International Living]
IRELAND
The
Sovereign Society A-Letter - Click
Here - The Sovereign Society A-Letter is published by
The Sovereign Society, a global community of Sovereign Individuals - international
investors and entrepreneurs, expatriates, dual nationals and second passport
holders, individuals concerned about privacy, citizens of the offshore
world. The Sovereign Society states, "Throughout history, intelligent individuals
have sought environments where personal freedom is maximized and risks
to themselves and their assets minimized. Today, an escalating international
migration is under way in direct response to threats by governments against
their most productive citizens." The Sovereign Society arose as a central
source of information and assistance for these new Sovereign Individuals.
KOREA
Investing
in Korea - Click
Here - A Korean business man spent four years developing
a relationship with a Malaysian. The Malaysian finally agrees to
a joint venture in Malaysia. But, he wants a contract with guarantees
in the event of breach. He also wants to use modern accounting methods
and have a means to keep track of the money. The Korean backs away
making lame excuses. The real reason is that he did not want anything
in writing, especially a contract. His remark was, "You must understand
the Korean way. This is how we do business in Korea. You don't
trust me." He openly displayed insult over the Malaysian distrust.
It was an affront to his honor and reputation. Actually, he would
have disappeared all of the cash and the Malaysian was smart enough to
know what the Korean was about. The deal never happened for good
reason.
MAURITIUS
Mauritius:
Offshore Cyber - Island - Offshore
Opportunities - Mauritius is well served by business
and communications infrastructure and is a dynamic economy; the government
actively encourages foreign investment and offshore activity through the
Ministry of Industry & Commerce. The ministry operates a one stop shop
for clearances and permits; it also provides assistance in identifying
market outlets, joint venture partners, site locations, and buildings.
There is a wide range of investment incentives for inward investment. Free
Trade Zones and a Freeport were established in 1992 enabling up to 100%
foreign owned enterprises. Money laundering is discouraged by the government,
as is any trade in guns or drugs. The Economic Crime and Anti-Money Laundering
Act 2000 established an Economic Crime Office.
NEW
ZEALAND
An
Interview with New Zealand Officials -Click
Here - We had the good fortune and privilege to speak
with Consulate-General, Jim Howell of New Zealand along with New Zealand’s
Director to their North American Investment Promotion Unit, Mr. Kelly Beeman,
about migrating to New Zealand. They shed a great deal of light on
the subject of migration as well as on New Zealand’s investment potential.
NICARAGUA
Talking
about Nicaragua - Talking
about Nicaragua - Robert Fordi talks about land
and investing in Nicaragua - the prices are right and the beaches are white
- Fordi knows a lot about foreign real estate and his assessment of Nicaragua
is well researched and positive.
PANAMA
Evolution
of Modern Offshore Practice and Strategy for Americans - Click
Here - by Philip S. LaMar - This is Part
2 of a two-part examination of current trends shaping the offshore financial
industry for Americans. Part 1 covered the declining role of the Trust
and Part 2 introduces its successor, the Private Interest Foundation).
Evolution
of Modern Offshore Practice and Strategy for Americans - Click
Here - Evolution of Modern Offshore Practice and Strategy
for Americans - Part 1: The Declining Role of the Trust by Philip S. LaMar,
Jr., JD - This is Part 1 in a two-part examination of current trends
shaping the offshore financial industry for Americans. Part 1 looks at
the declining role of the Trust and Part 2 will introduce its successor,
the Private Interest Foundation).
Good
News for Panama Investors - Click
Here - Low Tax Online NewsWire reports record Panama
Canal ship transits and a booming free trade zone in Colon. Panama's President
Mireya Moscoso has also signed into law a new e-commerce bill believed
to be the first of its kind in Central America. The canal is expected to
generate US$795.4mn in total revenues from operations during the next fiscal
year. Panama Canal Administrator Alberto Aleman also reported that the
Culebra Cut widening project remains on track and is scheduled for completion
by December this year. Foreign firms continue to invest in the country's
many free zones.
Growing
hardwood trees - Growing
hardwood trees - Whether in reforestation or plantation
projects, has always been an attractive eco-profitable business.
Today in Panamá, where the country’s Law 24 has been offering incentives
in this sector since 1992, forestry activity has been spurred to new heights
as more people discover the attractions of what this law is offering
Investing
in Panama - What are the Laws? - Click
Here - The article by William Hemingway in the last edition
received a lot of positive feedback. In this issue Hemingway provides
those thinking of investing in Panama with resources regarding the laws
of Panama. He has a website under construction and will soon be providing
investment and retirement information on-line.
Money
Maker ~ Your Ship has Come In ~ The Fantasia del Mar is Up For Sale
- Fair Winds and
Following Seas - Not fit for everyone's pocket book,
but certainly everyone's dreams, the owners and general managers of Argo
Tours has put their 117 ft., steel constructed, twin screw, Detroit diesel
powered, four decker Fantasia del Mar up for sale. They're asking an unbelievably
low price for this vessel that's become the jewel of trans-isthmian waterways.
It's an unbelievable opportunity for any individual or group of like minded
entrepreneurs in search of a sound offshore investment, maritime career,
and high seas adventure at any cost savings.
New
Player in Offshore E-commerce - Preventing Taxation Before It Happens,
Rather Than Hiding It After It's Levied - Click
Here - How you going to keep them paying 50% of their
profit out in taxes, when they can host offshore? It may come as a wake-up
call to some, but for most of us, there is little question that
Offshore
eCommerce is the wave of the future. Playing offshore games of hide
& seek is no longer de rigor - Today's web-smart cognoscenti
are turning to offshore webhosting and offshore eCommerce. Once a thing
of the future, offshore eCommerce is now a reality in Panama, with many
exciting innovations coming online.
Offshore
Conference - The Wealthy of the World meet in Panama - Click
Here - The Offshore Association of Central America
and the Caribbean (O.A.C.C.) in conjunction with Times Publishing and Stern
& Co. will host the 1st International Wealth Conference in Panama
City, Panama at the Westin Caesar Park Hotel from March 28-30,2001. The
conference will open doors and international experts from around the world
will gather in Panama to assist the delegates to cross borders and enable
them to create wealth and personal and financial freedom in the global
economy for their corporations and families alike. The three-day event
also offers workshops on E Commerce, Internet Law, Captive Insurance Solutions,
Banking and Asset Protection and well as Investments in various industries.
Well known speakers will attend. Also present will be Republic of Panama
President Mireya Moscoso and Panamanian Economy and Finance Minister Noberto
Delgado.
Offshore
Opportunities 2001 Conference ~ Panama City, Republic of Panama ~ October
3-7, 2001 - Shhhhh,
too - International Living and The Sovereign Society
have organized this three day all inclusive conference to show you how
you can manage your money safely and privately in the Americas’ most sophisticated
offshore haven. Top legal, financial, tax, asset-protection, and real estate
experts from around the world reveal their secrets for building wealth,
reducing taxes, protecting your privacy, and living well overseas…in the
Republic of Panama. Join others in Panama and learn how you can take advantage
of this country’s sophisticated and private banking infrastructure to guard
your hard-earned wealth and reduce your tax burden.
Panama
as a Tax and Investment Haven - Click
Here - "Individuals can derive a special benefit when,
both Panama's tax haven qualities and its investment haven benefits, are
exploited together. Individuals in search of a tax haven or asset protection
need something in which to invest once the wealth has been secured. If
such people are not confident in traditional markets, the Republic of Panama
is ripe with opportunity to diversify internationally. " by Philip S.
LaMar, Jr., JD
MiraMar
Offshore Convention, Panama City, Republic of Panama, September 13 -17
- Click
Here - Spend a wonderful 5-day working vacation in the
heart of Panama City side the Panama Canal. Learn from the leading
professionals on offshore financial planning and international investing
on how to protect your estate and earn higher interest rates on your money
than ever experienced before. This five-day getaway is guaranteed
to leave a lasting impression on you. Speakers to include: Carlos Varela
~ Panamanian Attorney, focusing on Panamanian Corporate Law, IBC’s, &
Foundations; Richard Kilborn ~ focusing on offshore asset protection
and financial planning as well as Panamanian Residency; Alex De Janon
~ General Manager of Sterling Financial Group corresponded with Bear Stearns
& Company;
John Haines ~ Director of Fortress Management discussing
investment in Real estate here in Panama; Gary Bustin ~ Canadian
CPA discussing certain tax issues in Canada.
The
Other Side of the Gold Market - Click
Here - A friend and his family from Costa Rica just visited
us here in Panama. One of the things he mentioned was gold.
We had a long and exacting discussion about gold. He convinced me
it's about to go up. As someone who made money on gold in the 70's
I've always been a 'gold bug' but my enthusiasm for it has waned
over the years. None-the-less my friend convinced me that it's about to
make an upwards move that may send it quite high. As it's always
been a standard of value, gold is always a good thing to keep on hand.
For expatriates and escapeartists, making sure that there is food and money
stashed away for an emergency is an important subject. We asked Mark
Smalley of BullionCoin.Com to give us an article on gold to wet our appetites
on the subject. With the new millennium coming - and potential social
breakdown looming perhaps now is a good time to stock up on a few essentials.
Gold is one of them.
The
Panama Canal Silicon Valley - Click
Here - The law firm of Pardini and Associates has provided
a two page comprehensive report on what sort of business and end-consumer
can benefit from offshore e-commerce, different ways an e-commerce company
can experience cost savings, and why those companies should move their
activities to Panama. The answer to that why question is now, given
Panama's continental fiber-optic network links, infrastructure, and incentives.
These together with the strong recuperation of its international banking
center, the report concludes, can be seen as heralds of a second Singapore
in the middle of the American continent, a point of reference not to be
ignored in the conceptions of the new economy of the 21st century.
THAILAND
Bangkok
Former
Hit Artist Turns Restaurateur - Click
Here - So why come to Bangkok? Loveland pauses and says,
"Six years ago everyone said that Asia was the place to put your money,
and specifically Thailand. But they said to do it quickly, because the
opportunity wouldn't last. When I bought this place we were the only ones
out here. Now the development is just booming, and soon there are going
to be two more expressways passing right by here, so I couldn't have asked
for a better location. Our clientele is also much better behaved because
we are far away from the Sukhumvit, and the Patpong crowd."
U.S.A
Foreign
Earned Income Exclusion for American Taxpayers - Click
Here - Thomas Azzara
writes, "Under US tax law (i.e., Section 911 of the Internal Revenue Code)
, an American taxpayer and his wife can exclude up to $76,000 each from
their salary ($152,000 = total), provided they live offshore at least 330
days of every year. This is called the "Foreign Earned Income Exclusion",
and is part of the Statutory Internal Revenue Code. This exclusion
is an annual tax allowance under US tax law, but you have to live outside
the US at least 330 days to qualify for it. The amount one can exclude
increases to $80,000 for fiscal year 2,002. for 2001 the amount excludable
is $78,000." Links to the online IRS Publication 54 on foreign earned income
exclusions are provided.
Great
Income Stream with IBC - Click
Here - Ken Barker is an international merger and acquisition
specialist. Formally a vice-president at one of the United States' “front
line” brokerage firms. Mr. Barker presently focuses on the development,
investment in, starting of international venturelimited partnership funds.
Mr. Barker has initiated and completed transactions totaling over a billion
dollars, globally. Mr. Barker writes, "This article is about a sheltered
income stream, coupled with an IBC. An International Business Corporation
buys tax mortgages. The IBC that owns the note is free to conduct any other
form of business that is so desired. There are no restrictions on moving
the funds.
HR
3886 is Killed - Click
Here - September 18, 2000 WASHINGTON, DC. Dealing a death
blow to HR 3886, legislation
which
would give the US Treasury power to cut off offshore banks and nations,
the US House Majority Leader opposes "financial protectionism" aimed at
low tax regimes. Rep. DICK ARMEY says the bill is "against our national
interests and would endanger the economies of other nations." - It comes
as a surprise to EscapeArtist that HR 3886 has been stopped. If a
bill were a weapon, HR 3886 would be a neutron bomb capable of destroying
life without harming the real estate.
International
Variable Life Policy - Click
Here - Trevor Reynolds of Banner Overseas Financial services
writes, "The ILVP has been specifically designed as a ModifiedEndowment
Contract. An MEC that satisfies the requirements of Section 7702 and Section
817(h) of the U.S. Internal Revenue Code 1986 allows the policy holder
to obtain significant tax savings on investment growth over a regular investment
or brokerage account. Providing certain regulatory requirements are met,
investment assets within the Policy will accrue completely free of income
and capital gains taxes."
Possible
Increased US Effort to Track Offshore Assets as a Result of Terrorism -
Don't
Tread on Me - This commentary, submitted anonymously
as a Letter the the Editor of Escape from America Magazine, reflects a
growing concern among American citizens that their right to invest abroad
and take advantage of lower taxes in foreign markets may soon be compromised
under the ruse of international terrorism. Earlier this year, the US Government
approached several tax haven nations in its effort to crack down on citizens
rights to invest overseas. Rumor has it that the US Government even threatened
to freeze US assets of foreign banks if those banks continued to withhold
investment information concerning US citizens in those countries. Some
believe the US government will begin using the ruse of terrorism in increasing
their efforts. Escape from America Magazine invites readers to send comments
to the Editor and voice their opinions on this volatile issue.
The
Kinder and Gentler IRS -
Click
Here - If you, like many Americans fled abroad to a foreign
country to escape to greener pastures and then inadvertently blundered
back into the USA guilty of not paying your U.S. taxes while you were away,
then potential amnesty or forgiveness may now be at hand. Yes, you
may be able to return to the U.S. without the pressure and burden of looking
over your shoulder waiting for the IRS to show up and grab everything you
own.
Tick
- Tick - Tick The Economy Bomb - Click
Here - This article comes to Escape From America Magazine
via John Gaver, Editor and Publisher of Action America. John writes
about how and why the wealthy are leaving the United States in record numbers.
He asks if it is any wonder that, according to records of citizenship and
permanent residency applications at many foreign consulates, the wealthiest
Americans are leaving the USA at the highest rate ever for more wealth
friendly climates?
Belize,
Honduras, Costa Rica, Nicaragua, Panamá, El Salvador y Guatemala
The
advantages of Living Overseas: a new and refreshing way to look at Offshore
- Click
Here - Edmund J. Pankau writes about the broader meaning
of offshore, this time in terms of the real advantages to the ordinary
person seeking a lower cost of living, a better quality of life, reasonable
and fantastic real estate, lower taxes, and ground floor business opportunities.
"In recent years, Central America has become the Florida, California and
Arizona of the 1950’s. Remember when you could buy beachfront property
in Florida for a song? When prices in California were dirt cheap?
Well, those days are now in full bloom just a little further south of the
border. The slower paced climate of Central American has awakened
to the realization that is can revitalize its economy by becoming the retirement
center of the western world. All of the things that made Florida and California
boom are now happening in Belize, Honduras and Costa Rica, as is starting
to emerge, Nicaragua, Panama, El Salvador and Guatemala."
Central
America, U.S.A. and Europe
The
Wireless Advantage and Offshore Investments - Click
Here - Best selling writer Edmund J. Pankau
is putting together a new book on offshore investing - The author of "Hide
Your Assets and Disappear: A Step-by-Step Guide to Vanishing Without a
Trace," Ed has provided us with an article relating to his work in progress.
Netherlands,
Italy and France, and in North and Central America
Moving
Your Business Offshore - Offshore/Onshore Reports - Click
Here - In an ongoing effort to provide a cross-section
of the best offshore information on the internet, EscapeArtist seeks out
the best online resources. We are really excited about a new website and
news letter called, Low Tax Online NewsWire - If you want to know about
investing offshore we recommend that you subscribe to the NewsWire. It's
written by professionals and provides up to date information that is accurate.
By subscribing to the "LowtaxOnline NewsWire" you will be able to receive
all important international tax and offshore stories in one compact e-mail,
conveniently sent at midnight GMT every Thursday so as to be available
around the world before the end of the working week. This LowtaxOnline
TaxWire on Moving Your Business Offshore was a Special Feature for Friday
5th January 2001 It was compiled by Tax-news.com editorial staff in London
and New York Robert Lee and Mike Godfrey.
Czech
Republic and U.S.A.
Tax
Time with an Overseas B&B - Click
Here - Ron Winkles and his wife run a Bed and Breakfast
establishment in the Czech Republic. They spend about six months of each
year in the US and six months in the Czech Republic. Ron writes, "Our return
on investment has run about 5 to 8 percent annually, and we have had a
great time making a little more than stateside CD rates while earning a
nice tax write off. I was audited once by the IRS, the agent was curious
and could not believe a retired couple earning $55,000 a year could afford
to live in America and own a villa in Europe. Jokingly, I told him we saved
money by not shopping in Wal-Mart."
Europe,
U.S.A.
Operation:
Dollar Storm - Click
Here - Just six weeks ago, the price of gold reversed
its steady decline of the past several years. The European Central Bank
(ECB), as well as the central banks of 14 other European countries, announced
a moratorium on more gold sales and loans for the next five years.
...this was just the first shot in war that will force new highs in the
dollar price of gold, and make fundamental changes in the balance of economic
power between Europe and the US. ~ Hard metal advocate Willy Smith lives
in Costa Rica with his wife and three daughters. In this article
he talks to us about our monetary future.
MEXICO,
BELIZE
OACC
Workshops ~ Solutions for Leaders ~ Caye Chapel, Belize, October 26th-28th
and at Cancun, Mexico, November 23rd–25th, 2001 - Shhhh
- Learn about Corporate Structures and Ownership Solutions,
Operating Offshore Structures, Secure Communication, Banking and Investments.
You are invited to one of two exclusive and intimate learning experiences
that are limited to 12 participants each in order to ensure a real personal
experience. These are truly unique opportunities to learn directly how
to structure your business and private affairs so as to greatly benefit
from an offshore solution from Lic. Steve Saemmler-Klein and his team.
Be sure not to miss out. Choose from one of two small group weekend retreats
located in two wonderful tropical locations. The first is at the exclusive
and luxurious Caye Chapel Golf Resort, a small and private tropical island
situated on the Belize Barrier Reef and surrounded by the turquoise tropical
waters of Belize. The second is held at the world famous Ritz Carlton Hotel
in Cancun, Mexico’s tropical Caribbean playground.
Hong
Kong, Austria, Turkey, Finland, London, Argentina, Ecuador
My
Secrets to a Lifetime of Making Money in Overseas Real Estate - Click
Here - by Gary Scott - If we can now buy a ranch in Argentina
(or Uruguay, or New Zealand, or name your spot,) for ten cents on
the dollar of what a similar property inside the United States would cost
us, and if we can carry on commerce from anywhere we are, how long do you
imagine it's going to take your neighbor to realize the very same thing?
As one writer put it, "those folks who buy that ranch in Argentina today
are going to have grandchildren who will think they were a genius." Gary
Scott tells us more, in an article from the best of International Living.
NEWSWIRE ON OFFSHORE
STOCK EXCHANGE
Bermuda,
Ireland, Jersey, Cyprus, Hong Kong, Mauritius, Panama, Switzerland, Luxembourg,
Malta, Costa Rica, Cayman Islands
Offshore
Stock Exchanges - Special Feature From LowTax Online TaxWire - Click
Here - In an ongoing effort to provide a cross-section
of the best offshore information on the internet, EscapeArtist seeks out
the best online resources. We are really excited about a new website and
news letter called, Low Tax Online NewsWire - In this issue or Escape
From America we present a Special Feature from the NewsWire on Offshore
Stock Exchanges. Countries such as Bermuda, Ireland, Jersey, Cyprus (maybe),
Hong Kong (already) and Mauritius are cleaning themselves up for what could
be a glittering future. This report includes some of the offshore jurisdictions
with Stock Exchanges, their Regulatory Basis Including Listing Rules, Trading
and Settlement, Costs of Listing and additional resources.