La Rentree In France
Vive La Rentrée!
Sept. 15, 2009
Languedoc, France
PLUS:
- Good News, Dear Canadian Reader!...
- Medicare And The American Abroad...
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The Buyer's Market Of Our Lifetime
World markets are spinning out of control creating serious opportunity. If you know what you're doing--and where to do it--this could be the best chance in your lifetime to grow your wealth.
Over two-and-a-half days in October, Lief Simon is convening the top 15 global real estate investing experts and professionals he knows.
The agenda is clear: How and where to take advantage of the incredible opportunities on the table right now, worldwide, to make money from international property investments. Lief and his A-list team will detail not only specific strategies to follow to take best advantage of current market conditions, but also specific markets to focus on and specific current deals to consider.
In total, the assembled panel of investor speakers, with many decades of profitable global real estate investing experience among them, will bring at least 13 current opportunities to the table.
You want to be in the room. Full details here.
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Dear Live and Invest Overseas Reader,
"All parents have experienced 'Back to School' time," writes France Correspondent Lucy Culpepper, "when we tear around en masse buying up school supplies and wishing once again that we had done it weeks earlier.
"The French take this to a new level. In France, Back to School is known as 'La Rentrée,' and it's an even more infectious time, starting at the end of August and continuing until the second week in September.
"La Rentree is not just back to school but also back to work, back to organized sport, back to getting in shape, getting your house in order, and starting afresh after the long, lazy summer. It feels more like New Year's than the beginning of September.
"Here in France, come Sept. 1, you have to be ready to enroll for courses and clubs, poised with checkbook in hand. The French get feisty when it comes to securing a place;
there's no room for wallflowers. And, in France, checks rule. Cash is OK, and credit cards...well, they're accepted but not by smaller clubs or businesses.
"If your choice is active, from walking to paragliding, you must produce a medical certificate to prove you're healthy and fit--or at least capable of doing 20 squats without passing out.
"Nearly every village hall in my region of France (Aquitaine) offers some form of activity. Our village has roller (inline skating), badminton, quilting, country walking, gymnastics, theater, and computer club. Not bad for a village of just 700 people.
"La Rentree also seems to be a time when sellers come forth with unusual property offerings, ranging from ancient stone houses to barns and outhouses. If, like our Publisher Kathleen, you would like to live in 'the thick of things' and renovate an old property of character now may be a good time to trawl through a few websites to see what mischief you might get up to.
"In Cessenon-sur-Orb, in France's Languedoc region, there are three properties that might grab your attention right now, priced from US$66,000 to US$173,000. Go to the village realtor at http://www.caroux-languedoc.com. In the field 'Départements' type 'Cessenon-sur-Orb' and see what comes up.
"Finally, a little note about French checks. If you bounce one, your bank account will almost certainly be closed. It can then take many months (the worst I have heard is three years!) to reopen a new one."
Kathleen Peddicord
P.S. You can read more about the Cessenon-sur-Orb, Languedoc, region of France in Lucy's full Country Retirement Report, available here.
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Your Next Step--How To Realize Your Dreams Of
A New Life Overseas
It starts with a dream, a vision of freedom.
What is your dream? Whatever it is, there's a place in the world where you can find it...and afford it...right now...
If you want that life you daydream about to become your reality, you have to take the next step. You have to address the nuts and bolts of transforming your dream into your new life.
Here's How
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TODAY:
"Good news for my fellow Canadians planning a visit to Panama," writes resident Editor Rebecca Tyre. "More direct flights are on the way.
"Beginning Oct. 1, Air Transat will be operating three-times-a-week direct flights from Toronto's Pearson International Airport to Panama City's Tocumen International Airport.
"For years, Air Transat operated only weekly flights from Toronto and Montreal to Panama City, and that was the only direct flight option originating in Canada. The only other options we Canadians had was to connect in the U.S., which added at least a few hours on to the travel time.
"It's not yet been announced which days the flights will leave and return, but I expect that information to be released soon. Watch this space.
"The direct flight from Toronto to Panama City takes but five hours. And the addition of two more direct flights a week comes just in time for Lief Simon's Global Real Estate Profits Summit here in Panama City next month.
"You can read more about Air Transat flights here: www.airtransat.ca"
"Kathleen, do you know how Medicare works for American retirees abroad? Does it cover them or no?
"Also, if you were a legal resident of another country but wanted to return to the United States for a medical procedure, would Medicare allow and cover this?"
-- Shelley E., United States
No, Medicare will not cover anyone or anything outside the United States.
However, yes, as long as you continue to pay your Medicare premiums while you are living abroad, I believe you could return to the States for medical treatment that would be covered. You'd have to incur the travel expense personally. And, of course, this wouldn't be a realistic strategy in case of emergency. |
