Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 10 years ago,
Offshore Investing?
I'm been traveling and investing in Central America for some time. Last year I moved to Panama. I live in the mountains where it is spring like weather year round. Yet, I'm only an hour to the Pacific and a couple hours to the Caribbean Sea (Atlantic)
The economy is booming here. The economy grows 9-12% per year and has been for a long time.
New homes are being built all over the place. Since labor cost is so cheap, the profit margins are extremely high.
It is rare to see a for rent or for sign on any commercial buildings. They are all full and more are being built in all sizes in all cities. New skyscrapers are popping up all over the city
Previously, I had all my assets (real estate, bank accounts, etc) in the USA. But the way the economy is in the USA I knew I needed to diversify. It's the best thing I ever did.
Anyone else investing offshore?