ChaletNow Offers Amazing L150 Ski Chalet Rental Discount Christmas Deal in the Verbier Ski AreaVeysonnaz, Switzerland

The British-based ChaletNow Alpine Club has team up with Alpvision Residences Veysonnaz Sarl to open the best Swiss Alps skiing deal to non-members. Self-catering chalet rentals in the Verbier ski area, the in-place for skiing in the Swiss Alps, are already one of the best deals for skiing for the 2010/2011 ski season. ChaletNow is offering an extra L150 (CHF 230, €180) discount on all chalet weeks booked before Christmas to celebrate the first season for the club.The 4 Vallées ski area incorporates Verbier, Veysonnaz, Nendaz and Thyon and boasts over 400 kilometres (250 miles) of prepared pistes, some of … Continue reading ChaletNow Offers Amazing L150 Ski Chalet Rental Discount Christmas Deal in the Verbier Ski AreaVeysonnaz, Switzerland

Times Are Tough, But You Have Options

“I think we’re living in tough times,” writes Intrepid Correspondent Paul Terhorst this morning. “Americans appear to hate government, Wall Street, oil companies, immigrants, trade… “Our house is worth less than before. Our stocks are worth less than they were 10 years ago. Our taxes have gone up, our standard of living down. And we’re the lucky ones. Vicki and I have friends who have seen their financial boat sink. You may know people in that boat, too. “The question becomes: What to do now?” That’s what we’re convened in Belize City this week to consider: What to do now? … Continue reading Times Are Tough, But You Have Options

It’s Surprisingly Easy To Make This Tropical Paradise Your Home

“Malaysia is a tropical paradise,” writes Correspondent Wendy Justice. “Beautiful islands and beaches, cool mountain retreats, great food, a diverse and multi-ethnic culture, excellent shopping, and a low cost of living…Malaysia has it all. “Plus, the infrastructure and health care are modern and efficient. English is widely spoken. Entertainment ranges from street celebrations to casino gambling, from amusement parks to mountain climbing, from jungle trekking to championship level golf, and from Formula 1 racing to world music festivals and philharmonic orchestra productions. World-renowned diving and snorkeling destinations are never more than a few hours away. “And here’s the cherry on … Continue reading It’s Surprisingly Easy To Make This Tropical Paradise Your Home

Panama City’s Rental Market–What A Difference Two Years Have Made!

“I’m planning to move from the sleepy Panamanian town where I’ve been living for nearly two years, paying US$200 a month to rent a three-bedroom house at the beach,” writes Editorial Assistant Rebecca Tyre, “back to Panama City, where I lived for two years before moving to Las Tablas. “Boy, how the rental market in Panama City has changed in the past two years! “Two years ago, I lived in a three-bedroom, three-bathroom apartment in the heart of the city. This apartment was big–about 140 square meters. I had a balcony that overlooked the tree-lined streets of El Cangrejo. For … Continue reading Panama City’s Rental Market–What A Difference Two Years Have Made!

Two Budgets For Your New Life In Panama

How much does it cost to live in Panama? We take up this cost-of-living question regularly. This time, my point has to do with how much your cost of living can vary within a particular country. Is Panama still a bargain destination? Not really…and you betcha! Our Panama editorial team considers this question regularly and in a real-world way. We live here. We know what it costs. So when we set out to create a detailed budget for Panama, we agreed straightaway that that would be an impossible thing to do. We can’t tell you how much it costs to … Continue reading Two Budgets For Your New Life In Panama

A Good Time To Look At Roatan

“Most of the expats and retirees in Honduras,” explained Correspondent Michael Paladin yesterday, “have flocked either to the north of the mainland, beginning at Copan, variously described as the Athens or the Paris of the Mayan world, or to a few enclaves along the Caribbean coast and the Bay Islands, especially the famed diving island of Roatan. “The current U.S. Ambassador to Honduras estimates that there may be some 3,000 American retirees among Roatan’s population of 30,000-plus. “Roatan is where most of the development in this country has been focused to date, much of it to support the big volume … Continue reading A Good Time To Look At Roatan

One Good Reason To Retire To Honduras

“Here’s a reason to retire to Honduras,” writes Correspondent Michael Paladin: “No one over age 65 can be sent to prison…not for anything. “Here’s another: Obtaining retirement residency is a straightforward matter. Show proof of US$600 a month in income to qualify for the pensionista visa or US$1,000 a month in income to qualify for the rentista visa. “And here are some more: As a foreign retiree resident, you can own real estate free and clear; purchase up to a maximum of three-quarters of an acre, or 3,000 meters, of land; import a car and appliances duty-free; and live very … Continue reading One Good Reason To Retire To Honduras

Nicaragua … why not?

“Kathleen, you write much about Nicaragua as a possibility for retirement,” writes reader David M. from the United States. “I am in agreement for the most part. However, as opposed to Panama, about which you are very frank concerning the downsides, I have not read anything about the problems in Nicaragua. “Most prominent in my mind is the shortage of electricity. The country’s electrical system is a mess. Before the Sandinistas came to power, the electrical system was sold to a Spanish transnational. The last time I was in the country, there were random blackouts, unannounced and sometimes lasting many … Continue reading Nicaragua … why not?

Your Dream Country Home In Italy…From 11,000 Euro

It’s a common dream: Find a tumbledown farmhouse in Italy and renovate it into a dream country home. In some regions of Italy, Abruzzo, for example, the cost can be as tempting as the romantic notion. You can find stone house ruins in this part of the country for US$50,000 and less….sometimes much less. But then what? Unless your plan is to relocate straightaway and to live nearby…you’re faced with the challenges of a long-distance renovation. And, even if you are ready to up-sticks and camp out near your renovation project…are you prepared to become a general contractor overseeing a … Continue reading Your Dream Country Home In Italy…From 11,000 Euro

Borrowing to buy overseas … this is what you have to know

Nowhere in the world has it ever been as easy to borrow money to buy real estate as it has been in the United States of America over the past decade. You could borrow more than the cost of the property you were buying, even, with a fixed rate of interest and a nice, long repayment term. During this time, as a result, the easiest way for an American to source capital to purchase real estate anywhere in the world has been to borrow it at home. Pull equity out of his U.S. property. Or simply find some U.S.-based outfit … Continue reading Borrowing to buy overseas … this is what you have to know

Your Passport To 2009’s Land of Opportunity

Panama is the world’s #1 retirement haven…the world’s top offshore haven…and an international banking center. Its pensionado program of special benefits for foreign retirees is the Gold Standard. As a foreign resident, you can pay zero local tax. Panama is one of the best places in the world right now to start a business and one of the easiest places to obtain foreign residency. Plus, outside Panama City, this beautiful country hides the smartest beach, river, and mountain property buys anywhere on the planet today. Panama is a land where the cost of living is low…the standard of health care … Continue reading Your Passport To 2009’s Land of Opportunity

On Murkey Beach…Just Off Swamp Lagoon…

While we’ve been fully occupied with our conference these past two weeks, the Mailbag has filled to overflowing. Let’s dive right in… “Kathleen, I so appreciate your newsletter. We found it when looking up global real-estate investments. You are giving a wonderful educational service to many Baby Boomers. Thank you.” — Carolyn and Larry B., Canada *** “I agree with you regarding the downsides to living in Panama, and it’s the same thing in most all Central and South American countries, as well. In the States, if you call for some type of service, and you don’t like it, there … Continue reading On Murkey Beach…Just Off Swamp Lagoon…