The Noose Is Tightening — Here’s How You Slip Out

Putting your money into foreign real estate is becoming a more appealing strategy all the time. Thanks to a crazy piece of pork in the recently passed U.S. HIRE Act, currency controls in that country have been seriously tightened. You know, of course, that you have to report any financial accounts you hold outside the United States with a value of more than US$10,000. Now, though, foreign financial institutions are required to report on the investment activities of U.S. citizens. It’s been increasingly difficult for some time for an American to open an international account abroad, and Switzerland recently has … Continue reading The Noose Is Tightening — Here’s How You Slip Out

Here’s How Not To Let This Happen To You

Buying wholesale, path of progress, crisis investing, real productive assets…why bother with all these different real estate investment strategies? Why not just focus on one? Wouldn’t that be simpler? Yes, sure. It’s be more simple, but, over time, it’d also be far less effective. One of the fundamental advantages global real estate investing offers is diversification. You want to capitalize on that advantage every way you can. All those bubble investors in the United States who “controlled” millions of dollars worth of pre-construction condos found out the hard way what putting all your eggs in one basket can mean for … Continue reading Here’s How Not To Let This Happen To You