Strong Dollar: Living, Retiring, And Traveling In Europe A Bargain

Europe Is On Sale

March 4, 2015, The Old World: The strong U.S. dollar means that living, retiring, and traveling in Europe is more affordable right now than it’s been in a decade.

Dear Live and Invest Overseas Reader,

If Europe is your fantasy, this is the opportunity of your lifetime. Right now, thanks to a weak euro and a surging U.S. dollar, you have more options for realizing your dreams of a new life in the Old World than in a decade or longer. Collapsed property markets and recessed economies mean that both the cost of living and of buying Euro-digs all your own currently qualify as extraordinary bargains across the Continent.

A 65-square-meter apartment with sea views for 95,000 euros... an 80-square-meter apartment with two bedrooms, a terrace, and a view of the Adriatic for 200,000 euros (this place could be rented out for 600 euros a week in season)... a fully restored 100-year-old stone three-bedroom house with two vaulted cantinas (cellars), near the ski slopes and not far from the sea, for 115,000 euros... apartments with citrus, olive, and carob orchards plus the inviting beaches of the Atlantic nearby from as little as 70,000 euros...

Prefer to rent? Then consider seaside apartments of 110 square meters available for 500 to 700 euros a month... or hillside village apartments a little farther inland for 300 to 550 euros monthly...

Read more...

Discovering The Moorish History Of The Costa Del Sol

Costa Del Sol Pros And Cons

March 3, 2015, Malaga, Spain:Spain is more affordable than it’s been in a decade for dollar holders.

With the U.S. dollar buying more euros lately than it has in a decade, this is the best time in a long time to plan a trip to the Continent. This week, therefore, our correspondents report from some of our favorite destinations in this part of the world, beginning yesterday with Ireland and carrying on today to Spain...

Continue reading this week for more on your best options in euro-land for reinventing your life, diversifying your portfolio, or planning an extended holiday. This is the time to indulge your Old World inclinations. Dream on...

Dear Live and Invest Overseas Reader,

Spain's Costa del Sol covers some 100 miles of glistening Mediterranean shoreline. While this is undoubtedly one of the most appealing pieces of coast you will find anywhere in the world, it comes with baggage. The region has suffered horrific overdevelopment.

Spain gets 8 million tourists each year, and many of them are funneled in and out of giant, character-free, white-block apartment complexes. As a result, those who prefer something more authentic write off the Costa del Sol entirely. Until recently, I was among them.

Morocco, on the other hand, has been on my scouting list for a long time. This North African nation sits on the other side of the turquoise waters of the Med, across from Costa del Sol, and is easily accessed from that coast's largest city. So it was that I found myself on a flight to Malaga, capital of the province of Andalusia.

Read more...

Pubs And Pub Life In County Kerry, Ireland

Sláinte! Welcome To The Wonderful
World Of Irish Pubs

March 2, 2015, County Kerry, Ireland: Pubs are an important and traditional part of Irish life.

Dear Live and Invest Overseas Reader,

"Oh, yes, they're regulars here. One of them is my great-uncle, and they've been coming here since they were lads, three times a day."

"Excuse me?" I couldn't help but reply.

"Three times a day, that's right. Once at noon, then again midafternoon, and once more around 9 o'clock. Two pints each, every time."

My husband and I were in a small traditional pub in West Kerry, talking with the landlady about two gentlemen we'd met there on a previous visit. Farmers by their clothing, in their 70s and chatting quietly together in Irish as they nursed their pints, they stood for everything we'd hoped to find in southwest Ireland: community, tradition, real people living down-to-earth lives... and if tradition included six pints of Irish stout every day for over 50 years, well, so be it.

Welcome to the world of Irish pubs!

I have to say that we're new at this. I can't begin to count the number of pubs in County Kerry alone, so there's a lot of research ahead before we qualify as experts. However, we've noticed points common to all the pubs we've visited so far that are giving us some hints about Irish culture.

First and most refreshing, you don't have to drink alcohol in an Irish pub if you don't want to. I would never dream of going into an American bar for anything other than an alcoholic beverage—maybe a soft drink as the designated driver but not for a cup of coffee or tea. Here, you can order a coffee made with real Italian espresso or a strong pot of tea, and no one gives it a second thought. If you're a teetotaler and don't like sugary sodas, you're just as welcome to stay and sip your coffee while enjoying the craic (lively conversation) and the traditional music.

Read more...

How To Learn A Foreign Language

30 Years On, I Figure It's Time To Learn To Speak Spanish

March 1, 2015, Panama City, Panama: The biggest challenge for adults trying to learn a new language is to create negative consequences associated with not learning it.

Dear Live and Invest Overseas Reader,

I've spent a big part of the past 30 years in Spanish-speaking countries, and I've been a full-time resident of Panama for 7. I figure it's time to learn to speak Spanish.

I studied French, not Spanish, in high school and college. A year or so after graduation, I took my first trip to a Spanish-speaking country, Costa Rica. I packed a phrase book and boarded the plane without any concern that I didn't speak even a little of the language of the country where the plane was headed. Ah, youth.

Over the next couple of years, as I returned to Costa Rica often and began traveling as well to Nicaragua and Guatemala, I figured I'd pick up the Spanish I needed as I went along. How hard could it be?

Read more...

23 Current Opportunities To Invest For Profit And Yield In Property

The World's Top Property Investments Right Now, All In One Room

Feb. 27, 2015, Panama City, Panama: Lief Simon’s Global Property Summit in Panama will reveal 23 opportunities to invest for profit and yield in real estate overseas.

Dear Live and Invest Overseas Reader,

In a few weeks, I'll be hosting my annual Global Property Summit in Panama. The schedule is full, and I'm trying to find room for more developers with appealing offers who have presented themselves in recent weeks. The number of good opportunities for diversifying into real estate overseas is increasing as we continue to move into what I'm calling a Golden Age of global property investing.

Investing pre-construction, which gained a bad rap post-2008, is again a viable option. If you were a pre-construction investor stung by losses in pre-2008 bubble markets from Florida to Spain, you may be understandably wary. However, in certain markets, pre-construction is again interesting.

Read more...

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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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