Surfing, Whale Watching, And Cigars In Las Terrenas

Top 10 Things To Do In Las Terrenas, Dominican Republic

Feb. 26, 2015, Las Terrenas, Dominican Republic: The Dominican Republic is a top choice in the Caribbean for surfing and whale watching.

Dear Live and Invest Overseas Reader,

As we've been reporting lately... and as I can confirm from experience based on my recent scouting adventures... in the Dominican Republic beachfront town of Las Terrenas, the sparkling Caribbean and the sands that fringe it are ever-present. As you're coming and going around town throughout the day, you never have to look far to enjoy a view of the azure sea. 

If you've seen one Caribbean beach town, you've seen them all, you may be thinking. I thought that, too, before I saw this town. Las Terrenas is quintessential Caribbean but more than that. This town was discovered by Europeans, primarily the French, about three decades ago, and today is populated by French, Italians, Brits, Danes, and Germans.


Travel And Adventure In Kunming, China

Kunming, China—Not Ready For Retire Overseas Prime Time

Feb. 25, 2015, Kunming, China: Kunming, China, is a great place to visit but not ready for foreign retirees.

Dear Live and Invest Overseas Reader,

Vicki and I are in Kunming, China, for two months. We walk around a lot, mainly on crowded sidewalks. But, unlike in much of the world, here in China, locals use the wide, airy sidewalks to park cars, park motorcycles, repair mufflers, load and offload trucks, and blast music from loud speakers. Others sell food, clothes, shoes, or towels. And all the while hundreds, thousands of motorcycles drive through the same sidewalks, honking people out of the way. 

To walk down sidewalks, you run an obstacle course and play dodgeball at the same time. Cross the street in a crosswalk, with a green walk sign, and cars and motorcycles bear down on you from all directions. 

At first, we found the traffic chaos a bit unnerving. But Vicki and I have become used to the pause and glide required to get around obstacles and keep from getting crushed by a motorcycle. I figure there must be an intrinsic order here, although I have no idea what that order might be. 

The other day, a young man came up to Vicki and said, in English, "Hello, Grandmother, can I take your picture?"


Residency And Second Citizenship In The Dominican Republic

The DR—Best For Residency And Citizenship, Too

Feb. 24, 2015, Las Terrenas, Dominican Republic: The Dominican Republic is a top choice for establishing backup residency and for obtaining a second passport.

Dear Live and Invest Overseas Reader,

I'm just back in the office after a week in the Dominican Republic. My bottom line impression? This is a land of opportunity.

First, I've moved this country, specifically the eclectic, lively, and very affordable Caribbean beachfront town of Las Terrenas, to the top of my list of places to buy real estate in 2015, as I detailed last week. Las Terrenas is the best place in the region to be shopping for affordable beachfront retirement digs and a great place to think about buying to let. Net rental yields can stretch into the double digits.

In addition, you could put some money into a CD with a bank in this country to earn as much as 5% for U.S. dollars and double digits on a Dominican Republic peso deposit. 

Furthermore, this is a destination where you can easily obtain residency and quickly get a second passport.

While many have touted the Dominican Republic as a place for an "instant" passport, this country does not offer an economic citizenship program. Believe any tout telling you otherwise, buy a passport through him, and you'll end up with a worthless document that will get you into trouble if you try to use it.


Celebrating The Chinese New Year In Kunming, China

Feting The New Year Of The Sheep In Kunming, China

Feb. 23, 2015, Kunming, China: Paul and Vicki Terhorst celebrate the Chinese New Year in Kunming, China.

Dear Live and Invest Overseas Reader,

Paul and I are in China celebrating Chinese New Year.

The first thing we noticed: No one showed up.

Not here, anyway, in center-city Kunming. Some 300 million Chinese packed onto trains, buses, and planes so they could celebrate with family. Many returned to villages. Center-city Kunming, rebuilt over the past decade, represents the future. For the holiday, Chinese cleared out rather than showed up.

Kunming started slowing down a couple of days before New Year's. Small restaurants put signs on locked doors encouraging us to return in 10 days. By New Year's Eve about half of the downtown district had shut down, while probably 90% of businesses, factories, and restaurants closed in the rest of Kunming. All will stay closed for 3 to 10 days.


Las Terrenas Is An Affordable Lifestyle Choice In The Caribbean

Just Like St. Tropez?

Feb. 22, 2015, Panama City, Panama: Las Terrenas, Dominican Republic, is an affordable option for a Euro-chic lifestyle in the Caribbean.

Dear Live and Invest Overseas Reader,

Walking back from breakfast one morning last week, I noticed the front door to the apartment across the hall from ours open. I glanced inside to see wet bathing suits and beach towels strewn on the backs of chairs... snorkel gear and beach balls piled in the corner...

I continued on to our place and opened the door to find my and Lief's laptops side-by-side on the dining room table, just as we'd left them, notepads, real estate brochures, and other materials we've collected during our stay all around.

We're not your typical tourists in the Caribbean. The truth is, I prefer the Pacific Ocean, and, I have to admit, driving into Las Terrenas last Monday, I was secretly counting down the days until our return to Panama City. Lief and I carved out time for this trip reluctantly. Lots to do in the office... no time for a week in the Dominican Republic...

But by the next morning, I noticed my perspective adjusting. The office in Panama City seemed farther away, while the sparkling Caribbean was ever-present.

No kidding. The Caribbean and the sands that fringe it are everywhere in Las Terrenas. You can use the beach as a thoroughfare to get from one part of town to another; it's the most pleasant pedestrian route. At any time throughout the day, you can turn this way or that, and there it is again, the sea, now blue, then green. You can dine at a table on a deck just a foot or two above the sand with the lapping water only a few feet beyond, small fishing boats bobbing just offshore, bigger sailing boats swinging at anchor farther out at sea.


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Kathleen Peddicord

Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group. With more than 25 years experience covering this beat, Kathleen reports daily on current opportunities for living, retiring, and investing overseas in her free e-letter.

Her book, How To Retire Overseas—Everything You Need To Know To Live Well Abroad For Less, was recently released by Penguin Books.

Read more here.


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