Emerging Markets Investing - who and where?

[J. Martin]

I really appreciated @Joe Fairless' posting on a different forum about investing in emerging markets when others were talking about investing out of state. Who else out there is investing outside of the US and Canada? Those that live in foreign countries, feel free to jump in also about your area.

"Hot" places like Singapore, Hong Kong, China?

Places out in the jungle in South America or Costa Rica?

Condos in beaten-down areas of one of the "PIGS" or whatever the last acronym was?

How did you get involved? How did you choose the country? (or did it choose you?) Do you hedge any currency risk? How often do you get to go visit your property?!