What are the traditions of Chapala and Ajijic, Mexico?
Thomas Hellyer - Chapala Home Sales
Chapala and Ajijic have a lot of traditions. The north shore of the lake, which has most of the expat population, is comprised of nine villages. Each Mexican village has its own series of religious and traditional events throughout the year.
In Ajijic, the biggest festival of the year is the Festival of Saint Andrew (San Andres), which is the patron saint of the main church in Ajijic. They have a 9-day celebration that all happens during the week of the American Thanksgiving....
Chapala and Ajijic have a lot of traditions. The north shore of the lake, which has most of the expat population, is comprised of nine villages. Each Mexican village has its own series of religious and traditional events throughout the year.
In Ajijic, the biggest festival of the year is the Festival of Saint Andrew (San Andres), which is the patron saint of the main church in Ajijic. They have a 9-day celebration that all happens during the week of the American Thanksgiving. They do special events for Easter, Christmas, etc. The event that caters to locals and expats alike is the Festival del Globos, which is the balloon festival. They use handmade paper balloons during this festival. People spend months making these tissue-paper balloons. Then they light up fire on a wax ring and the balloons fill up with hot air and float off at the end of the night. That’s one of my favorite festivals here.
The Carnival, in February, is lots of fun. There are parades and lots of mischievousness and silliness. The town of Chapala does a festival of rides and bands, which is a bit similar to a county fair. There are some fun parades in Ajijic during Carnival. As one of the local traditions, guys dress up as women but with pretty exaggerated breasts. Some of them have balloons as breasts and they wear funny masks. They have satchels full of flour and they throw the flour on you or maybe it is confetti. You’ll never know what is inside their satchel until the last second as they start throwing it on people. There are lots of fun festivals that happen here.
We celebrate Thanksgiving here for both the Canadians and the Americans. If you are lucky, you get two of those per year, which happens in October and November. There are small celebrations for 4th of July. Mexican Independence Day is also celebrated. There is always something going on.
(Thomas Hellyer with his family outside his office in Lake Chapala after being pelted with flour by a passing Carnivale parade, Chapala, Mexico, pictured.)
Does Belize have any special retirement program or retirement benefits?
Frik De Meyere
In order to qualify for the QRP (Qualified Retired Person’s Program) and thus permanent residency in Belize, you have to be at least 45 years old and demonstrate US $2,000 / month in passive income.
Under this program you don’t have to stamp your passport every month. In addition, you can bring many items to Belize duty free, including a car as long as it’s less than 3 years old, light aircraft as long as it’s not commercial, a boat, and...
In order to qualify for the QRP (Qualified Retired Person’s Program) and thus permanent residency in Belize, you have to be at least 45 years old and demonstrate US $2,000 / month in passive income.
Under this program you don’t have to stamp your passport every month. In addition, you can bring many items to Belize duty free, including a car as long as it’s less than 3 years old, light aircraft as long as it’s not commercial, a boat, and all your household goods and possessions.
Opening a bank account in Panama is not necessarily the easiest process, and it does depend on your nationality.
Banks in Panama are very prudent and cautious, which is one of the main reasons why, while there was the economic bust in the US and throughout the rest of the world with regard to mortgage loans, Panama was not affected very much.
With most banks in Panama, you can walk right into the bank and start the process to...
Opening a bank account in Panama is not necessarily the easiest process, and it does depend on your nationality.
Banks in Panama are very prudent and cautious, which is one of the main reasons why, while there was the economic bust in the US and throughout the rest of the world with regard to mortgage loans, Panama was not affected very much.
With most banks in Panama, you can walk right into the bank and start the process to open up an account. Because of the US legislation FATCA (Foreign Account Tax Compliance Act), for US citizens, Panamanian banks are more strict in needing to determine where the assets you want to deposit are coming from and why. However, as long as you can provide what they normally ask for, which may include bank references from your country of origin, possibly a job letter, other standard due diligence items, where the funds came from and why you want to deposit them in a Panamanian bank, you can go ahead and open an account.
( The bank of Banco Nacional de Panama supports an art exhibit, Panama, pictured. )
How's the kayaking, rafting, and canoeing in and around Algarve?
Luis Teixeira da Silva - Algarve Senior Living
Rafting is not great in the Algarve because there are not steep and fast flowing rivers here. Kayaking and canoeing, however, are good.
We have two, large navigable courses in Algarve, the Guadiana River on the border with Spain, which is the largest, and the Arade River, which comes down from the mountains and flows into the sea between Portimão and Ferragudo. Those are fantastic courses because they are quite flat and there are a number of courses along the...
Rafting is not great in the Algarve because there are not steep and fast flowing rivers here. Kayaking and canoeing, however, are good.
We have two, large navigable courses in Algarve, the Guadiana River on the border with Spain, which is the largest, and the Arade River, which comes down from the mountains and flows into the sea between Portimão and Ferragudo. Those are fantastic courses because they are quite flat and there are a number of courses along the shores where you can stop your car and load your canoe into the water and paddle from there and back. There are also a number of inlets, which allow you to do even more sheltered canoeing.
There is also a fantastic picnic spot, where there is a boat ramp called Sítio das Fontes, in municipality of Lagoa. This is a wonderful place to take your family out for a picnic and take your kayak or canoe and go out from there even with the youngsters so you could teach them to kayak or canoe for the first time. There is no difficulty or risk of being on a big river.
The Arade River, which is used for the canoeing and kayaking, is also used for jet skis. The daughter of an Italian family that settled in the Algarve was the world champion jet skier for I believe 3 years in a row and she trained on Arade River, so it is big enough for this kind of activity. In the estuary at Portimão, the World Series powerboat competition is held once a year. They come to Algarve every year and people come to the banks to see these very powerful boats on the edge as they drive around the estuary and the river.
In addition to the jet skiing, here is calm kayaking on these rivers. You will see the people paddling up and down from a number of the beaches such as the Batata Beach in Lagos, the Dona Ana Beach in Lagos as well, and others that often have kayaks for rent. On a calm day you can paddle along the coastline and go into the caves and onto the little inlets of the coast. 99% of all kayaking and paddling here in the Algarve is of the quiet type.
There is also some kayaking on the southeast of the Algarve, but strangely enough, not as much as in other areas. The reason is that the whole estuary area called Ria de Tavira, which has low lying islands, sand banks, and the like, is very large and the distances are quite great. You would find that most of the people who explore the river in this area do so in small, motorized boats.
What are the construction standards in Managua, Nicaragua?
Immanuel Zerger - Solentiname Tours - Discover Nicaragua
It is best if you have a plan of the catastro (land registry) of the property where you are building. You should have an architectural design and building plan that is signed by the authorized municipality. There is a municipal office that authorizes all construction plans. When you have those, then you are secure that the lot your property is built on and the structure built on it are both legal and meet the construction requirements.
If you are building...
It is best if you have a plan of the catastro (land registry) of the property where you are building. You should have an architectural design and building plan that is signed by the authorized municipality. There is a municipal office that authorizes all construction plans. When you have those, then you are secure that the lot your property is built on and the structure built on it are both legal and meet the construction requirements.
If you are building a house, you have to have architectural drawings and a construction plan. You have to submit those to the municipal office that authorizes all construction plans. The municipal office has to authorize the plan before you can start building. The plan needs to have certain seismic considerations, since you have to plan for earthquakes here in Nicaragua. Building seismic-proof construction is obligatory in Managua. They will also check to make certain that what you are building is what they authorized.
If you are buying a house that is already built, it is advisable to get an evaluation done by an architect or an engineer to be sure that construction standards are met. The quality of houses and other buildings in Managua varies, so it is better to have an evaluation done before buying.
In general, how does the Foreign Account Tax Compliance Act (FATCA) affect me if I move overseas?
John Ohe - Hola Expat Tax Services
The United States has a highly stringent policy when it comes to the taxation of its citizens and permanent residents (i.e., those with a green card). The US government taxes all of its citizens based on worldwide income, which means it does not matter where the money is earned.
US persons (including entities) with an interest or signature authority over foreign financial accounts that have an aggregate balance exceeding $10,000 are required to file...
The United States has a highly stringent policy when it comes to the taxation of its citizens and permanent residents (i.e., those with a green card). The US government taxes all of its citizens based on worldwide income, which means it does not matter where the money is earned.
US persons (including entities) with an interest or signature authority over foreign financial accounts that have an aggregate balance exceeding $10,000 are required to file the FBAR (FinCen 114). The FBAR is separate requirement from your tax return, and failure to file the FBAR carries hefty penalties. With the implementation of FATCA (Foreign Account Tax Compliance Act), foreign financial institutions are providing the IRS with the details of foreign financial accounts held by US persons. As a result, non-reporting is an increasingly risky proposition.
Foreign financial accounts include: bank accounts, brokerage accounts, mutual funds, annuities, life insurance policies with cash value, and indirect interests in financial accounts through a foreign entity (if >50% ownership).
We have just recently retired and plan to spend winters in our condo in La Cruz de Huanacaxtle, Nayarit. We bought the condo 3 years ago and have spent school holidays (I am a retired school teacher) setting up our condo and exploring our village and neighbourhood a little. We barely scratched the surface but look forward to learning more about the area in our 6-month trip this year!
What we have discovered, we love. The locals are so generous and accepting of us "gringos'...
Would you want to live in a city that is arguably one of the hottest in Central America? (And we are not talking about "hot" in the sense of "explosive growth," but in temperature!) A city that is over 90 degrees practically year-round? A city that can at times give new meaning to the words "hot and humid"? Yes, there are places with even more heat, most of which are located near the equator. Many people have...
Since colonial times, Panamá has had a traditional cultural and historical trajectory.
The Torre de Panamá la Vieja (the Old Panama Tower) in San Francisco, Panamá is now a World Heritage site. The importance of this tower goes back to the 16th century when the pirates burned down the city and a new tower was built in the quarter Panamanians now call Casco Viejo.
Other examples of exceptional historical buildings are...