I see a lot of great posts here about real estate investments. And I see a lot of great posts in the asset protection sub-forum. But I don't recall seeing a lot of threads about offshore real estate investments. While the asset protection aspect fascinates me, I'm actually just as excited about the opportunities for passive income, as well as appreciation possibilities.
Any of you guys looking at/involved in this?
Moreso than anytime in history (of the US anyway) people are expatriating due to various motivations, primarily cost of living and punitive taxation/regulation. But regardless of the reasons, it seems to me that real estate in formerly less-developed destinations is a great opportunity!!! $45k in my home market, Dallas (one of the cheapest real estate markets in the country), will get me a run-down 2-1 foreclosure in a questionable part of town. But it will get me a beach-front condo in Uruguay or Brazil or a huge building lot in an ocean-view gated community in Costa Rica or such. I don't purport to have even a majority of the answers here. But what am I missing?
I know that this could be 20 different threads. . . (and I hope it WILL be) . . . But I'm excited about stuff I'm seeing in panama, costa rica, Belize, Nicaragua, brazil, Columbia, Uruguay, and several others. I may not want to live in Uruguay, but thousands of south Americans flee to the beachesnther every summer for vacay and pay silly prices to rent beach-front properties!
So what do you guys think?
Any of you guys looking at/involved in this?
Moreso than anytime in history (of the US anyway) people are expatriating due to various motivations, primarily cost of living and punitive taxation/regulation. But regardless of the reasons, it seems to me that real estate in formerly less-developed destinations is a great opportunity!!! $45k in my home market, Dallas (one of the cheapest real estate markets in the country), will get me a run-down 2-1 foreclosure in a questionable part of town. But it will get me a beach-front condo in Uruguay or Brazil or a huge building lot in an ocean-view gated community in Costa Rica or such. I don't purport to have even a majority of the answers here. But what am I missing?
I know that this could be 20 different threads. . . (and I hope it WILL be) . . . But I'm excited about stuff I'm seeing in panama, costa rica, Belize, Nicaragua, brazil, Columbia, Uruguay, and several others. I may not want to live in Uruguay, but thousands of south Americans flee to the beachesnther every summer for vacay and pay silly prices to rent beach-front properties!
So what do you guys think?
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