How much will I pay in real estate or property tax in Mexico?
Greg Gunter - Dream Pro Homes
Readers, the short answer is “far less than where you’re coming from!” That will be especially true if you hail from either coast in the U.S. where $60,000 annual property tax bills are not uncommon.
As a Realtor in San Miguel de Allende, I can share that the local municipality recently enacted a “Proposition 13” (for those of you familiar with California property tax laws) style property tax bill, meaning the home is now...
Readers, the short answer is “far less than where you’re coming from!” That will be especially true if you hail from either coast in the U.S. where $60,000 annual property tax bills are not uncommon.
As a Realtor in San Miguel de Allende, I can share that the local municipality recently enacted a “Proposition 13” (for those of you familiar with California property tax laws) style property tax bill, meaning the home is now assessed based upon the new acquisition price of the home, but the mil levy is still amazingly low. To give you a real life example, a $500,000 USD home here in 2017 will have a 17,000 peso annual tax bill, or about $900 USD at the current exchange rate.
Portugal has fantastic Internet service. There are two major internet providers that operate here in Portugal and they are very good. They also provide the cable TV channels, which is part of the package along with landline phone.
The monthly subscription to all three services: cable, phone, and Internet costs only €48 (US $52 or £35). This is high-speed Internet. We get free local calls on the landline and cable TV with over 200 channels.
The...
Portugal has fantastic Internet service. There are two major internet providers that operate here in Portugal and they are very good. They also provide the cable TV channels, which is part of the package along with landline phone.
The monthly subscription to all three services: cable, phone, and Internet costs only €48 (US $52 or £35). This is high-speed Internet. We get free local calls on the landline and cable TV with over 200 channels.
The Internet service doesn’t normally go down unless there is a terrible storm. It could also depend on where you live. If you live in the center of the city, you don’t get power outages. Where I live, which is away from the center and by the coast of Sintra, if there is a heavy storm, the power goes down and hence you won’t have Internet, either.
I found my paradise in Switzerland! I'm sure there will be a number of opinions as to 'what are the best places in the world to live' but, rather than speculate, let me share with you where I reside and just a few reasons why I have found Switzerland to be THE best place in the world to live.
Switzerland has an overall population of only 8 million people, which is roughly the size of New York city proper, yet has remained in the top 5 most wealthiest...
I found my paradise in Switzerland! I'm sure there will be a number of opinions as to 'what are the best places in the world to live' but, rather than speculate, let me share with you where I reside and just a few reasons why I have found Switzerland to be THE best place in the world to live.
Switzerland has an overall population of only 8 million people, which is roughly the size of New York city proper, yet has remained in the top 5 most wealthiest countries in the world since such statistics have been recorded. As a people, the Swiss are among the most friendly, respectful, intelligent and caring I have met anywhere. Their passion for precision and quality of life is second to none.
Switzerland is breath-taking. The air is clean and crisp, the water is pure and refreshing, the alps are stunning in their majestic beauty, the atmosphere is cool and the sun's rays are warm.
After nearly a year here I have yet to find my first pothole! Drivers are calm and relaxed, the roads are spectacularly built and maintained, the police are consummate professionals and emergency services rival the world's best.
Switzerland is prepared. Swiss law mandates that every man, woman and child have food, water, medical supplies and fuel for a minimum of 2 years in the event of any emergency such as a natural disaster or war. Every structure is required to have bomb shelters and no building permits are issued unless the architectural designs meet the demanding specifications of the respective canton (state). The cement in these shelters (where we live) is dense beyond imagination. When you pound on these blast doors you hear and feel a 'thud' that is void of any reverberation as if there were no air mixed in the cement at all, it's just 100% solid.
Switzerland is armed. Men, ages 18 to 50, spend three weeks per year in active military duty and are sent home with fully-automatic AK-47's and all the ammunition they can store. Switzerland boasts the lowest crime rate in Europe and is far more heavily armed per capital than America. Switzerland's armed forces are extremely formidable and built solely for defense. I am appreciative and respectful of the Swiss mentality and respect for human life.
Switzerland is healthy. The healthcare facilities and hospitals are an art form, literally. Lobbies have fountains, designer stained-glass, smoked privacy mirrors, soft secondary-lighting systems, beautiful artwork on the walls and fresh flowers. The number of staff far outweigh the number of patients and the care you receive is consistent from one visitation to the next. Public medical equipment and care in Switzerland surpass that of most private institutions in other countries.
Switzerland is home. It's enjoyable knowing you live in a country which places such a high-value on quality of life. If, as an American, you wish to live here and obtain citizenship - you can do so. With a minimum bank deposit of $100,000 (USD) it is possible to form a Società Anonyme (SA) and, along with personal assets in excess of $500,000 (USD) and 5 years of residency, you can obtain Swiss citizenship and passport.
How are the roads in Nicaragua? Do I need a four wheel drive in Nicaragua?
Terri Marlett - NICA
Whether or not you will need a four wheel drive in Nicaragua depends on where you will be driving and what time of year you will be there.
There are a lot of good quality highways connecting the main cities in Nicaragua. These roads are like rural highways in the US. There are several new highways that were just constructed in recent years [2010 - 2014].
If you are going to stay in the main cities like Managua, Leon, Granada, or Masaya, then you are...
Whether or not you will need a four wheel drive in Nicaragua depends on where you will be driving and what time of year you will be there.
There are a lot of good quality highways connecting the main cities in Nicaragua. These roads are like rural highways in the US. There are several new highways that were just constructed in recent years [2010 - 2014].
If you are going to stay in the main cities like Managua, Leon, Granada, or Masaya, then you are probably ok in just a regular car. Although, it is almost impossible to avoid dirt roads in Nicaragua. They are often not graded or kept up, so they can have high ridges and deep dips, even in the dry season. However, the road situation is improving every day. If you are thinking to venture off the beaten path, then you will need a higher car. If you will be there during the rainy season [May - November] then you will need a 4x4.
This is a picture of the roads in El Transito, Nicaragua during the rainy season. El Transito is a rural town that connects all the major beaches on the Pacific coast in Nagarote, near Leon. There are many great surfing beaches in that area. It can get quite muddy if there are several days of hard rain in a row.
To rent a small apartment in Panama City, you should budget around US$1,000 and upwards. Typically, that would be a one bedroom + living room with one full bathroom and a guest bathroom. The location would be San Francisco, for example. You would probably have a small balcony, with a city view. You would have only one parking space. Some agents will tell you there are additional guest parking spaces, but this is lie, because as a tenant you would not be considered a guest! As a rule of...
To rent a small apartment in Panama City, you should budget around US$1,000 and upwards. Typically, that would be a one bedroom + living room with one full bathroom and a guest bathroom. The location would be San Francisco, for example. You would probably have a small balcony, with a city view. You would have only one parking space. Some agents will tell you there are additional guest parking spaces, but this is lie, because as a tenant you would not be considered a guest! As a rule of thumb, you would need to rent a three-bedroom if you require two parking spaces. At that price level, the building would be modern, located in a safe neighborhood, with access controlled by a security guard and provided with a pool and a gym. The apartment would be unfurnished, but equipped with lighting, appliances and air conditioners. The monthly building administration fee is usually paid by the landlord. Water and gas are usually included in the rent. However you would have to subscribe the electrical supply contract in your name, as well as phone, Internet and cable TV. Please keep in mind that every ad you see online or classifieds is intended for a duration of 12 months renewable - unless expressly indicated otherwise. Therefore, don't waste time investigating if the owner would rent you the apartment for 3 o 6 months. You do not have to pay a cent to your agent, as commissions are paid by the owners. It's not a bad idea to be assisted (at no cost) by an agent (preferably with a license number and a business card) since you will be required to sign a lease - in Spanish.... there are no standard leases, like in the US, so beware of the fine print!
Zaqueo hired a third friend of his from his home area named Chicalo. He was to be an “ayudante,” or assistant as they are called when they don’t have a specific trade. Chicalo had only one working eye. The other had been irreparably damaged by a bungee cord accident. I used to work with eye surgeons, and one of them told me, “Don’t EVER use bungee cords, and tell everyone you know they are very dangerous and to throw them out!” She had...
My dear husband and I left the good ol’ USA when we sold our home in California in 1994. He told me: “Honey, don’t look back!” We were young and adventurous so we drove from California to Costa Rica.
Since we were young we still had to work. Some Costa Rican partners and I started our own real estate business and network. I had worked in California as a top producing real estate agent for Better Homes and Gardens for five years so I had the experience. My husband...
At the edge of the Atlantic, which a persuasive current has aided the migration of Europeans to cleave the Isthmus of Panama for the Canal, and now mid- stream central to the modern jet route along the north/south latitude of the Latin regions, Manual Baruco is in the perfect position to contemplate his country’s position in the world. Jet Metier also discovers that Manuel could be also considered an all- American boy.