Here are the questions addressed in today’s episode:
– Where to start when relocating to Europe…
“First of all, thank you for your excellent and informative newsletters. We are interested in the EU. Although we live in beautiful New Zealand, we have family in the EU and would like to spend some time with them.
We are interested perhaps in a short-term rental. It could be an apartment off-plan and if needed we could keep it up to a year before selling. We have read elsewhere, not in your services, about 10% to 20% ROI. Do you think that’s realistic?
You wrote recently that, “The best case is when you’re able to find a piece of real estate in a place where you want to spend time, short term on vacation and long term in retirement, that also holds out the potential for an investment return, in the form of capital appreciation, rental return, or both.” That sounds like us. But where? We were thinking of France, Italy, Spain, Portugal… We would really like your thoughts.” – Ada H.
– Offshore bank accounts
“Can you help me to open an offshore bank account in a country where there is no tax and no questions asked? A friend recommends the Caymans for this, but what would you recommend?” – Bikram B.
– Pollution in Medellin
“Thank you for the wonderfully informative city comparison you provided recently for Cuenca and Medellín.
One question: Having heard that air pollution is a problem in Medellín, I have done some research on it, and from what I read it can be intense. I have seen online photos with pollution so thick there you could hardly see the city at all. This could be a major factor for those with respiratory conditions. Have you heard anything about this?” – Alan H.
– Five Flags Program
“I’ve just signed up for your Simon Letter newsletters and am highly interested in the Five Flags Program. I’m an American citizen but moved to Panama City in January. I would like to begin applying for the Friendly Nations Visa once things get back to normal.
I’d love to get the ball rolling with Five Flags also. What do you recommend as the best first step?” – Ruben A.
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