Praise for KATHLEEN PEDDICORD
"It is time for us all to think about diversifying out of the States, before it consumes us. Keep doing what you′re doing, Kathleen . . . you are saving lives in the United States (well, at least one for sure). Thank you."
"You have opened my eyes and helped me overcome ′border blindness.′ What a wonderful and amazing world there is out there. Now I′m discovering it, thanks to you."
"What I admire is your honest, tell–it–like–it–is approach. A lot of people have been hurt by nothing but glowing reports about offshore living from various sources. Your honest, direct approach is a real service."
"I have to say that you seem to dig deeper into the feel of a particular place and to do comparative analysis between alternative places. Your approach is more sophisticated, thoughtful, and more useful than that of others I′ve read covering these same subjects."
"Thank you for the immediate info without the bull."
"You open the world for us. It′s like we travel together, but with more insightful information than the typical traveler is privy to."
"Your country–by–country reporting makes us dream of a better future. . . ."
Carlos and Consuelo Villoria
I Launching Your Overseas Property Adventure 1
1 This Isn t Only about Making Money 9
2 Buy Overseas to Diversify Your Assets, Protect Your Wealth, and Avoid Taxes while Creating Cash Flow and Profits 17
3 Buy Overseas to Save Your Retirement 25
4 Buy Overseas to Make Travel and Adventure Part of Your Life Right Now 35
II How to Target Where to Buy: Five Strategies for Choosing a Property Market Overseas 41
5 Buy Crisis Opportunity 45
6 Buy for the Income 61
7 Buy Growth 73
8 Buy Agri–Profits 95
9 Buy Where Your Heart and Your Wanderlust Lead You 20 Countries to Consider 105
III You re Not in Kansas Anymore: Eight Unexpected Realities of Buying Real Estate Overseas and How to Prepare for Them 131
10 Don t Count on Leverage 135
11 Don t Expect Comps 139
12 Google Isn t Always Your Friend 143
13 Why Net Pricing Is a Dirty Word 147
14 You re a Gringo Get Over It 149
15 Rights of Possession and Other Ownership Concerns 151
16 Sometimes Really Cheap Isn t a Good Deal 157
17 Margarita Madness and How to Avoid It 161
IV How to Buy Real Estate Overseas: Eight Easy Steps 165
18 Get on a Plane 169
19 Figure Your Budget 171
20 Build an In–Country Network of Reliable Contacts 175
21 Identify a Purchase 181
22 Negotiate the Purchase 183
23 Close the Deal 187
24 Take Title 191
25 Manage the Asset 195
V What Every Overseas Property Buyer Needs to Know about Moving Money around the World 199
VI Where Not to Buy: Markets Perhaps Better Avoided 209
Appendix A Market Data 215
Appendix B Due Diligence Checklist 233
KATHLEEN PEDDICORD was publisher and editor–in–chief of the International Living group for twenty–three years. Today, she is publisher and editor–in–chief for her own Live and Invest Overseas group (LiveandInvestOverseas.com). She writes a weekly retire–overseas blog for U.S. News & World Reports, another for Huffington Post, and is regularly quoted by news outlets including the New York Times, Money magazine, the Economist, Kiplinger, and AARP. She has traveled to more than fifty countries, invested in real estate in twenty, established businesses in seven, renovated historic properties in six, and educated her children in four. She now lives with her family in Panama City, Panama.