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Updated almost 10 years ago,

User Stats

423
Posts
293
Votes
Jackie Lange
  • Investor
  • Central America, Panama
293
Votes |
423
Posts

Offshore Investing?

Jackie Lange
  • Investor
  • Central America, Panama
Posted

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?

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