Un-American Activities
April 19, 2009
Baltimore, Maryland
PLUS: Don't Tread On Us!...How To Buy Real Estate Overseas,
Parts 1 and 2...
AND: When Roman Centurions Take To The Streets...
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Dear Overseas Opportunity Letter Reader,
Hugo Chavez, this week, trying to make a case for why Cuba should not be
excluded from The Summit of the Americas, remarked, "There is more democracy
in Cuba than in the United States."
Hard to say. I can report, though, that you can't go anywhere in these
United States of America right now without encountering often heated
discussion related to things like the rights of the individual...personal
privacy...government intervention...presidential bailouts and state
takeovers...taxation...representation...
As my just-turned-20-year-old daughter, living in Annapolis, Maryland,
remarked the other day, "I think another revolution is coming."
This country was founded and built in the spirit of exploration and
discovery. Americans are optimists and romantics. A better life awaits just
over the next hill or around the next bend.
We've always believed that.
Right now, that next bend in the road may just lead to a place beyond U.S.
borders. And that's ok.
"What do you think of President Obama?" asked a young niece over dinner the
other evening.
Before I could reply, an elder member of the family spoke up: "Oh, what's it
to her? She's moved on."
Yes, about 11 years ago now, I relocated outside these borders, but I'm
still an American, and I've felt a bit defensive, I have to admit, when my
family this week has sometimes suggested otherwise.
I'm concerned about what's going on in this country today. I do wonder and
worry what will happen next.
But I also recognize that my speculation and anxiety are a waste of time.
In Panama, we don't have television. Here, in the States, I can't escape it.
Everywhere I go, Fox News is reporting more economic trouble and greater
financial disaster.
It can begin to seem as though the whole world has gone crazy.
Here's my advice: Turn off the television. The world is going through a
rough patch right now, but things are not bad all over.
It's a matter of perspective. Shift yours.
The world is changing.
But people...we're the same. We're the same as those who voyaged from
England three-plus centuries ago to populate those first 13 colonies that
developed into these United States...we're the same as those who, some years
later, sought to take their leave from King George, asking the British crown
for the freedom of self-determination...
Exploring new options...seeking out new opportunities...moving on for a
better life...
Three-and-a-half centuries ago, these pursuits led rag-tag bands of
adventurers and freedom-seekers to what today is the East Coast of a
troubled nation.
If today these pursuits lead you to a place beyond U.S. borders, that
doesn't make you any less American.
I'd argue that these pursuits are perhaps the most fundamentally "American"
ideas of all.
Kathleen Peddicord
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How Are You Going to Be Able to Afford to Retire?
Launching a new life abroad is not only the most sensible way to approach
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It's not only the best way to make sure you're able to sleep at night...that
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P.S. In the spirit of the times, here's a plan for how to
pay less tax...maybe even how to live tax-free...
And here's everything you need to know about
the most important tool in the U.S. expat's tax toolbox...
P.P.S. The falling markets worldwide are creating interesting buy
opportunities ("Recession
Buy Round-Up"), for both personal use and investment.
But...invest in a piece of real estate in another country? Yikes. How do you
get started?
Here's your guide to
how to buy real estate in a foreign country.
And here are
13 things to keep in mind as you shop.
P.P.P.S. What else this week?
"I was sequestered in my house," writes Guatemala
Correspondent Michael Paladin, "as the sounds of the nearby procession
passed in the calle outside. The pounding beat of the drums served
as a two-step march for the 70 men carrying a 60-foot wooden barge on their
shoulders. The brass band to the rear of the bier played a doleful dirge,
heavy on the lower bass notes, and the echoes vibrated off the adobe and
stucco walls of the houses along the route.
"This was my situation again and again last week," Michael explains in his
report of the something-to-see
Semana Santa processions, parades, and celebrations in colonial Antigua...
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