China is a land of pagodas and terraced rice-fields...oxen, water buffalo and giant duck-ponds...people in conical hats playing cards and sleeping under shady banyan trees.
Depending on where you go, China could be a tremendously cheap place to live, but you would need to have a pioneering spirit--and also a commitment to learn Chinese.
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- Population: 1,349,585,838
- Capital City: Beijing
- Climate: Extremely diverse; tropical in south to subarctic in north
- Time Zone: UTC +8
- Language: Standard Mandarin
- Country Code: +86
Romania acceded to the European Union back in 2007… just in time for the global financial crisis to bite it in the neck. GDP growth, which at a robust 6% to 7% during the previous few years had been among the highest on the continent, promptly collapsed. The economy contracted by a whopping 6.5% in 2009 and remained in the red the following year. It’s been in a state of tentative recovery ever since.
China is changing. That much we all know. And in the last few years a major shift has been in people’s diet. Spurred on by improved incomes, the growing Chinese middle class has developed a hunger for western-style foods—that means more meat and dairy.
Southeast Asia is home to some of the world’s most acclaimed and mysterious ancient ruins. Many of these once-bustling cities and monumental religious sites lay forgotten until relatively recently, jungle-shrouded and known only to a few locals, who thought them the haunts of ghosts and spirits. These marvels of the ancient world are now more accessible to travelers than ever before. Some are well known and easy to reach, others are more of an adventure. Here’s a rundown…
Many folks in the know want Penang kept a secret. This tropical Malaysian island in the Andaman Sea is one of Southeast Asia’s most attractive retirement havens. For the expats already there it ticks every box…
When it comes to hedging against dollar debasement, few things have performed better than gold. Holding some physical gold might just qualify as the very definition of “preparing for the worst.” But even though the historical case for gold is strong, the raw supply/demand case for platinum and palladium might be even stronger.
The Great Wall in Beijing, the Terracotta Warriors in the western city of Xian, the ice sculptures in the frigid northern city of Harbin: These are the tourist destinations most people think of—and hope to visit—when they travel to China. Magnificent as these places are, you’ll find them jam-packed with domestic and foreign tourists. Due to the ease of visiting the famous sights and of finding English-speaking guides, most foreigners don’t stray too far from the beaten path.
People often ask me what I love about travel and the answer, I think, lies in certain memories that stand out more than others. Riding in the back of a pick-up through the Peruvian jungle—a hundred miles from the nearest village—I caught a glimpse of an ancient temple. It wasn’t on any map. The mist dissolved before me and there it was—a palace of crumbling stones, laced with creepers. Howler monkeys cried from the treetops.
Many emerging markets are actually in much better physical shape than the United States. So for instance, while people think of countries like Indonesia as being highly risky from a fiscal standpoint, Indonesia is actually on much sounder financial footing than the U.S.
Five months ago I spent two weeks scouting through Thailand—most of that was spent in Chiang Mai, for that is where the opportunity lies. This is a complicated market, as I explain in a special edition of Real Estate Trend Alert—ready to download here.
In this special edition, you’ll also discover… How to profit from inefficient markets… The condos in Medellin, Colombia that you should avoid… And lots more…
Begin the month in Scotland’s Spey Valley where, as part of “Whisky Month,” the Spirit of Speyside Festival runs from May 1 to 5. Tastings, workshops, and even a guide on how to properly photograph a “wee dram” of whisky are all on the schedule.
Asia is vast and diverse but a few things unite it, one of which is a love of noodles. Every day from Beijing to Bangkok billions of noodles are sucked up and scoffed by everyone from lunching laborers to office workers in a hurry. And for the biggest producers times have been good.
A special edition of Real Estate Trend Alert—on my buy of the decade on the Riviera Maya. In this special edition, you’ll also discover…
What happens when unstoppable tourism demand meets limited land opportunities… The excellent protection offered by Brazilian “reciprocity” contracts (I just got a check for $20,000)… A new real estate investment trust in Ireland… The opportunity in retirement care in Ecuador… Incentives to invest in Panama City’s 341-year-old historic quarter…
If you want to increase your future returns while reducing your risk, you should add some emerging-market stocks to your portfolio. It may surprise you that adding riskier, emerging-market assets to a portfolio will reduce overall risk, but it shouldn’t. These markets do not move in lockstep with the U.S. market, which hit a series of all-time highs in the fourth quarter of 2013.
Is Malta the Safest Bet in Real Estate You Can Make Today? Could Be…Case Study: The Last Great Crisis Investment in Ireland…The Window is Closing on Our “Spanish Triple”…Burma—New Condominium Law that Allows Foreign Ownership…Will U.S. Flights Ever Land at Planned New Airports in Costa Rica and Nicaragua?…The Latin Currencies That Mean a Buying Opportunity for You…And More.
China exports more than $1 trillion in goods each year. And that opens the door to an incredible opportunity for people who want to make money online. But it’s important to understand how the game is played. There is a website that has become one of the largest and most successful online marketplaces in the world.
In northwest Africa the village of Kartong, Gambia, hosts the Kartong Festival February 7 to 9. Traditional dance, music, and street performances, as well as local arts and crafts, are part of the event, which includes cook-offs and feasts. From February 7 to March 1, the Perth International Arts Festival in Western Australia will sate your appetite for the art.
Colombians have been visiting the colonial town of Salento in the heart of the country’s Coffee Triangle for decades. Its colorful bahareque architecture and the proximity of the vast and magnificent Cocora National Park are just two attractions. Trout is a specialty dish. And costs of living are low. For example, expats who have settled in the region report renting for just $200 a month.
For any careful investor it’s important to understand not just the current trend but rather where we’re headed. As such, keep an eye toward the future for the growth leaders of tomorrow. Since 2007, emerging markets have been outspending American consumers. Take a look at the charts here to see how the international growth/redistribution of current consumption trends will change the landscape of international business.
On a lazy weekend afternoon when I was 13, I thumbed through my school geography text book, pausing from time to time to admire the amazing photographs of some of the wonders of the world. I was inspired. So began my dream fantasy to visit these wonderful places myself. Today that’s exactly what I do.
For almost three years while teaching English abroad I also imported and exported goods between North America and Asia, mainly China and Thailand. It was the perfect supplement to my teaching income and a good way to enjoy some local travel. Here’s what I learned and how you can get started:
Your October issue of Real Estate Trend Alert is ready. Here is just some of what you’ll find in your latest issue:
∗ A New Opportunity to Profit in Brazil: I’ve scouted an exciting new deal in Brazil’s Northeast where there is still a window of opportunity to profit. There are limited lots (only 43 left) for members at a special 10% discount with developer financing before the project launches to the local market. Find out more…
With a 16-hour work week…a month-long winter vacation…a huge number of well-paid jobs …and all the Chinese food you can eat…it’s no wonder so many people of all ages and backgrounds are heading to teach English in China. Demand for teachers is high as China is a world player and millions of college students and adults enroll in English courses to help them get better jobs.
Location is a huge part of success in business…particularly when you’re dependent on foot traffic. When Cody Leigh Brown of Montana decided to set up a tea shop in Ecuador, she chose Cumbayá, a fashionable suburb of Quito, as her location. It just happens to be home to the Universidad San Francisco de Quito, where more than 5,000 students are enrolled.
There are communities in many parts of the world where arts and crafts are still made by hand…and markets in other parts of the world ready to pay good money for them. Bringing them together is the perfect way to create an income for yourself while enjoying a life of travel or living overseas at a lower cost than back home.
I love to travel. And I try to live like a local when I visit new places. Of course, it takes time to discover how the locals live. Some people are really good at doing research before they arrive. I prefer to scout out my new neighborhood and figure things out as I go along. One trick that makes this both fun and rewarding is to carry a camera. Putting the camera up to my eye slows me down and helps me see the details.
Central America has often drawn investments from other countries due to its vast untapped resources and its significant location. France tried to build a canal there, America actually did and now it’s the turn of China to try. China has been looking for alternative trans-oceanic routes and now there are talks of a 170-mile, $40 billion deal to build a canal across Central America being in the works. If this project comes to pass it will connect the Pacific (Brito) with the Caribbean (Bluefields) and will take five years to complete.
There’s always room for wealth creation. Despite the world’s economic woes, the number of people with $30 million or more in net assets rose by 5% globally last year. And according to the Frank Knight Wealth Report 2013, over the next 10 years there’ll be a 50% rise in the number of people breaking that barrier.
There has been a lot of hand-wringing lately over the slowdown in official Chinese GDP growth,” writes IL Finance Editor, Chris Hunter
Heading to a foreign country to teach English has long been the first taste of life abroad for many a young person fresh out of college, but now it’s a popular route for people of all ages.
Something big is happening in the world’s second-largest economy. Something so big, in fact, that it could prove to be the most powerful economic trend of the next decade: China’s blue collars are turning white.
Everybody has heard of the Great Wall of China. It was built some 2,000 years ago to protect China from Mongol raiders and at 3,700-miles in length, it’s the longest man-made structure on earth. But while this ancient wonder is familiar to many, most people know little about it.
The bane of cell-phone using travelers, the roaming charge is one of those expenses that can sneak up on you, ruining your happy memories when you get that exorbitant phone bill. Here’s a tip on how to save on these charges in France.
Nine years ago I threw in the towel on a 25-year business career and a six-figure income to go in search of adventure. My life changed forever on September 11, 2001. Friends and business associates died that day. They hadn’t needed more money— they needed more time. Suddenly the savings I was working to accumulate for retirement didn’t seem so important. A year later I was on the road…
Nine years ago I threw in the towel on a 25-year business career and a six-figure income to go in search of adventure. My life changed forever on September 11, 2001. Friends and business associates died that day. They hadn’t needed more money—they needed more time. Suddenly the savings I was working to accumulate for retirement didn’t seem so important.
I’ve photographed in over 40 countries but on a recent trip to China, I found what I believe may be the most picturesque place on earth. I was on an extended trip to Asia with my camera, hoping to photograph some of the Mysterious East’s beauty spots. What I found stands firmly in my mind as one of the most exotic and incredible landscapes I have ever seen.
“It will just take me a moment,” I say quietly, as I inch past my fellow photographers poised at the edge of the cliff. Their cameras and tripods are already set up. My equipment is still on my back. When I signed up for this trip to see the Yuan Yang Rice Terraces, I envisioned the rice paddies of Bali, built on gentle rolling hills. Now, I’m edging toward a drop-off that freezes me in my tracks.
The renowned Malaysia International Gourmet Festival in Kuala Lumpur runs the whole month of October. Expect a “Theatre of Cuisines” and a “Gourmet Village.” The wonderfully-named Madajazzcar, Madagascar’s leading jazz festival, takes place from October 3 to 15 with performances around the island.
The best time to buy stocks and other assets is when investors are running scared. I’ve been banging this drum all year—especially when it comes to Europe. I believe the crisis there is about to throw up a genuinely once-in-a-lifetime buying opportunity for contrarian investors.
The instant I saw the ad I knew I was set for a life of adventure. But I never imagined just how far my native language could take me: All the way from leafing through the classifieds section of The Globe & Mail, in Toronto, Canada, to a new life in exotic Hong Kong. In between I picked up teaching posts in Istanbul, Turkey and Seoul, Korea. Both were incredible experiences.
In one week, I saw more of Taiwan than anyone would as a tourist. That’s because the trip was planned and paid for by the Taiwan Tourism Board. I heard the Tourism Board was looking for people to come and photograph and write about their country, so I decided to apply.