Friend Mike Cobb writes with good economic news from Nicaragua:
“Nicaraguan exports in Central America rose 20% in the first six months of this year, compared with the same period in 2007. The Export Processing Center (CETREX) reported that goods shipped to other countries in the region January through June had a gross value of US$279.3 million, up from US$233.4 million in the first half of last year.
“Exports to countries in the region this year have so far made up 33.4% of Nicaragua’s total exports, which, in the first half of 2008, reached US$835.3 million.”
“A French leaseback property is a tax-efficient investment that can serve as a good means of saving toward your eventual ‘retirement fund,’” writes Vanessa Franquin with Premier French Leaseback.
“It’s also a good part of a plan to convert cash into tax-free rental income, with very little personal involvement or hassle, either when you make the investment or during the time you hold the property.
“Your readers may have heard of the traditional French leaseback,” Vanessa continues, ‘but they may not know about what I refer to as ‘Leaseback Light.’ If you invest in one of the properties participating in this program, you have up to six months a year of personal use. Then you let it the rest of the time to cover running and holding costs.”
Indeed, I responded to Vanessa to say this morning, I don’t know about these Light Leaseback properties…and I’d like to.
Vanessa is sending a full report.