The important reality to understand is that you're never going to find the "best" deal or the "best" option...because there's no such thing. All you can do is process what's in front of you. Whether you're investing in real estate or deciding on which residency path to take, the options before you today are your best options. If you don't have the time, money, or inclination to act on all of them, as my friend is doing with residency, then, yes, you have to make a choice. But don't become paralyzed trying to figure out which choice qualifies as absolutely the "best." As for my friend setting up residency in multiple countries where he is also hoping for eventual citizenship, it works for him, but it'd be overkill for most people. I'd say that what my friend is doing amounts to extreme measures. But you do need to do something. And my point today is that you can't let worry over the "best" something get in your way of doing anything. We'll spend a lot of time discussing the world's best current residency and citizenship opportunities at my Global Asset Protection and Wealth Summit in Belize next month. Meantime, here's a short list of today's "best" establish-foreign-residency options to get your thinking started: Belize, Panama, Uruguay, the Dominican Republic, Colombia, and Ireland. Lief Simon
"Kathleen, since I spend most of my time in Costa Rica as a digital nomad, visiting the United States frequently, I've encountered airlines demanding proof of travel. "I welcome Lief Simon's comments on this, but the hassle with respect to return or onward ticket requirements can be worse than he described. I believe this rule enforcement is no more than the airlines attempting to squeeze more cash out of the hapless traveler. You're correct in that it has increased in the past few years. "An international bus ticket will not necessarily be accepted as proof of onward travel within Central America, however. Spirit Airlines forced me to buy a return ticket from Costa Rica when departing the United States for that country, despite my showing a bus ticket for Panama City, Panama. Potential visa runners should be aware of this circumstance. Since then, I've been very careful to show a ticket that returns as least as far as Florida!" D.C.
Kathleen Peddicord'sNew Book
An Expert Guide To The Advantages And The Challenges of Investing In Real Estate Overseas..." Learn More
Sign up to receive free dailydispatches from the "Guru of Overseas Retirement and Opportunities"
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.
Sign up for the Overseas Opportunity Letter
Receive our editor's latest research reports...absolutely FREE!
The Best Places For Living And Investing in the World for 2014
Receive a FREE copy of
The Six Cheapest Havens
To Retire In 2014
Discover the six best places in the world right now to live better and retire well...on as little as US$700 a month!
“We will not share or rent your email address to or with anyone else, period!”
Hey, I'm already a reader of Kathleen's e-letter. I don't need to see this popup ever again.