If you've ever looked for beachfront property in the U.S., you've probably noticed that you pay a high premium for being "on the sand," and in most cases just being near the sand.
As you embark on your next adventure...whether you're moving to or investing in a new country...remember that solid legal advice will be fundamental to your success. And I'll tell you right off the bat one of the biggest pitfalls to avoid.
We stepped out of the car and into the warm Brazilian sunshine. It was a typical December day in Northeast Brazil: blue skies, comfortable temperatures, and only a smattering of clouds in the sky.
Most people hear "Colombia" and think cocaine kingpins and drug cartels. But that reputation is seriously out of date. Colombia is fast being discovered as the hottest new destination in Latin America.
Picture a two-story home in a tropical rainforest, where food grows abundantly, and butterflies play. Goats graze outside and occasionally you hear a call from the turkey and chickens clucking in the yard.
There is a good reason why nearly every Colombian town has a parque principal (central park). It represents everything that is important in Colombian life and culture: religion, family and community, and food.
Gorgeous scenery, a perfect year-round climate, close to home (flights from Miami or Fort Lauderdale take less than three hours and the flight costs about the same as a U.S. domestic flight), modern supermarkets and shopping malls, and excellent healthcare...it's easy to see the appeal of Colombia.
"What's Costa Rica like?" a friend asked me recently. We were sitting talking about some of our favorite places in the world. I didn't hesitate with my answer: "It's a tropical paradise."
Spending time abroad is one of the best ways to gain perspective on one's "home." That's why I own foreign real estate, and why I've spent a good chunk of my time working on my lovely seaside cottage south of Cape Town—a property I snapped up 20 years ago for about $15,000.
The U.S. dollar is flying. Right now, it will buy more of almost anything priced in foreign currencies—at least until those prices rise. The question on everyone's mind is what should I buy with my dollars to take advantage of this (impermanent) situation?