This is your last chance to register for tomorrow’s “How To Buy And Profit From Real Estate Overseas” webinar.
Join Kathleen Peddicord, Lief Simon, James Archer, and other special guests tomorrow, Thursday, March 13, 2014, at 2 p.m. Eastern Time to discuss:
- Choosing the country and location of your dreams, ideal for your overseas purchase…
- How to determine the best property for your intended lifestyle and goals…
- The fundamentals of buying real estate overseas safely and securely…
- How to manage an income-producing rental property when you´re not in residence…
- How to identify a market of promise…and how to determine how much you should spend…
- How to navigate a market without a multiple listing service…
- The advantages of diversifying part of your assets outside the U.S. dollar…
- Steps to obtaining overseas residency…
- The most promising markets for agricultural investment…
- Pre-construction buys, condo-hotels, rental properties, commercial properties, and productive land plays…
To join this one-time special free presentation, register here now.
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“Kathleen, it would be great to hear your thoughts on my situation.
“I plan to retire early, around 58. I am a big-city guy raised in hot, humid Houston, Texas. I like Medellin and plan to spend six months there to determine if I like it as much as I think I do. Six months should verify either way.
“I would like to become a resident of another country and renounce my U.S. citizenship in the future.
“I do not like that Colombia would tax my worldwide income.
“I have traveled Mexico my whole life and know some great places, but the cartels have put a damper on my enthusiasm for Mexico.
“Costa Rica is OK but not my style.
“The hot and humid areas do not interest me—for example, Panama City, Belize, etc.
“It takes almost two days to get to Cuenca.
“Bogota is too cold and polluted.
“Venezuela is bad news for sure.
“I want to be able to get to my new city from the United States in a day or less (to see relatives/friends).
“Boquete is expensive.
“I don’t like Europe or Asia so much.
“Considering what I have told you, where would you go?”
–Ken V., United States
Uruguay could be a good option for you. The country has four mild seasons. Summers can be warm but nothing someone from Houston can’t handle. Uruguay’s tax regime is favorable for non-citizen residents, and you can acquire citizenship fairly easily. The country is way down at the bottom of South America but not too difficult to access coming and going from Houston (though direct flights from Montevideo are limited; you’d have more options from Buenos Aires, which is about an hour flight from Montevideo).
The downside to Uruguay in my opinion is that it’s very quiet. I might even describe it as boring. However, again, Buenos Aires is only an hour away, meaning you could hop over whenever you were in the mood for some excitement.
Continue reading: How To Vet A Property Developer Overseas
