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Panama vs. Costa Rica

January 27, 2010 El Valle, Panama For a future expat, there are three places worth seriously considering in Central America– Panama, Nicaragua, and Costa Rica.  Much is written about Panama, and rightfully so; the country is the most stable, economically liberal, and business oriented. Not to be completely ignored, though, Costa Rica has

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A sustainable community in Panama

January 26, 2010 Panama City, Panama I’ve been on the ground in Panama for a week, and thus far, the majority of my time has been spent investigating the sustainable community concept that I wrote about several weeks ago. To refresh your memory, the idea is to develop a small, cost-effective, subscribers-only expatriate

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An important update on the Panama private storage facility

January 25, 2010 Panama City, Panama A few weeks ago, I told you about a new private vault facility that was opening soon in Panama called “Best Safety Boxes.” At the time, I had not personally checked out the facility but at least wanted to make you aware of its opening. Late last

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Gun laws in Panama

January 21, 2010 Panama City, Panama Nazi leadership realized long ago that one of the chief ways you instill fear and obedience in the people is to take away their ability to fight back.  This is a time-tested method of making the people afraid of the government, and thus preventing the converse. As

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The truth about Mexico

Mexico City (DF), Mexico 20 January 2010 My route to Panama has become quite slow and roundabout thanks to a bit of bad weather, and the fact that I gave up my seat on an oversold fight to accommodate a lady who was rushing home for a family emergency. I am optimistic about

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Case Study: Multiple Flags in Venezuela

January 19, 2010 Mexico City (DF), Mexico For such a pale skinned gringo, his Spanish was impeccable. We were both sitting in the business class lounge at the airport, and the fluidity with which he was prattling away in Spanish on his mobile phone caught my attention. Ordinarily, given his very light complexion

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Go to this city if you want to disappear

January 18, 2010 Tangier, Morocco If you’re on the run and looking for a place to lay low, one city you should consider is Tangier. You have to start with a bit of history– as far back as the days of the Phoenicians and Carthaginians, Tangier was an important commercial center due to

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How to make an extra $12,422,575.54

January 12, 2010 Estepona, Spain There is really a great deal of information out there about offshore corporate structures… frankly it’s mind numbing. Do a search for “offshore corporation” and you will undoubtedly return over a million websites promising you fast incorporation in Panama or the BVI, as well as a host of

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I ignored the warning signs

It was an interesting weekend, to say the least, and what I am about to tell you is a true story. I ‘intended’ to drive down to Gibraltar this weekend, hop a ferry for Morocco, and spend a few days in Africa. As it happened though, once the famous Rock of Gibraltar emerged

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How to avoid living in a police state

If I have been too subtle in the past, let me be absolutely clear this afternoon: the time to do something, the time to take action to safeguard your future and your families livelihood, is NOW. I’m more impassioned than usual this morning… and with reason.  Reluctantly, I tuned in to Team Obama’s

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Four jurisdictions to store gold overseas

January 7, 2010 Reporting from: Estepona, Spain I’ve long believed that exchange controls will eventually return to the developed world, specifically in the United States and Western Europe. Struggling to find buyers of their debt, these governments will likely impose strict penalties for net outflows and retail currency transactions. Unfortunately, most people will

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How to value foreign property

January 6, 2010 Reporting from: Estepona, Spain I’m sitting now in lovely Estepona, Spain– a coastal town on the Mediterranean that experienced a massive property boom over the last decade. The community I’m in is anchored by a five-star Ritz Carlton golf resort, and surrounded on all sides by the mountains or the

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You’re officially on your own…

January 5, 2010 Reporting from: Estepona, Spain I’ve spent a lot of time lately sitting on the terrace of my coastal villa here in southern Spain, enjoying great conversations with friends, pondering the markets, and making significant investment and business decisions. I’ve found that it’s much easier to do this in a peaceful

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The end of the end is the beginning

I’m sitting on a sunny terrace overlooking the Gulf of Taranto in Italy’s southern Puglia region, and it’s absolutely spectacular. If the world goes to hell in 2010, this will be on my short list. Puglia is Italy’s breadbasket– staple crops here grow like wild flowers due to the temperate climate and rich

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Subscriber Questions

I receive a lot of subscriber questions, and while I cannot answer them all, I wanted to specifically address three of them that key in on recurring themes in this community– second citizenship, investing, international opportunities, corporate structures, banking, and gold/silver storage. 1) Paul asks– “I was wondering what your 1st choice would

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