Best Places In The World To Retire

Be very very careful when researching offshore asset protection strategies.  There are sharks in these waters.  Lots of people with absolutely no professional credentials whatsoever have set up shop as self-appointed offshore asset protection gurus, and they'll happily give you advice on all sorts of things they have no real understanding of.

 

In general, there are two main benefits to moving assets offshore:  (i) you potentially make yourself look...

Be very very careful when researching offshore asset protection strategies.  There are sharks in these waters.  Lots of people with absolutely no professional credentials whatsoever have set up shop as self-appointed offshore asset protection gurus, and they'll happily give you advice on all sorts of things they have no real understanding of.

 

In general, there are two main benefits to moving assets offshore:  (i) you potentially make yourself look less wealthy than you are to someone who may want to go after you, and (ii) you remove your assets from an environment where they can be frozen with a simple phone call from a judge or regulatory agency.  However, if push comes to shove, and you are at all interested in not lying under oath, then your creditors may still be able to reach assets you hold offshore (by forcing you to hand those assets over to them).

 

Holding assets offshore typically does NOT reduce your U.S. income tax liability. The typical offshore asset protection structure is tax-neutral, which means that it doesn't change your U.S. tax position at all--you are still subject to tax on income from passive investments you hold offshore. However, there are certain offshore strategies that DO work to reduce or defer payment of U.S. tax, but these are specialized structures that must be designed by working with a U.S. tax attorney.

 

(Shark Spotting Mac notebook sleeve by Jet Metier, pictured.)

Like many other cities and towns, Ambergris Caye's restaurants and food prices vary widely depending on the shop and the season. There are a plethora of delicious and incredibly cheap food options on the island, including street food and locals' favorite spots. In Central Park you'll find cheap food stands that offer everything from burger to burritos for around $5. You'll also find authentic Belizean food at Boogie Belly's on Middle Street for under $5. Fruit and...

Like many other cities and towns, Ambergris Caye's restaurants and food prices vary widely depending on the shop and the season. There are a plethora of delicious and incredibly cheap food options on the island, including street food and locals' favorite spots. In Central Park you'll find cheap food stands that offer everything from burger to burritos for around $5. You'll also find authentic Belizean food at Boogie Belly's on Middle Street for under $5. Fruit and vegetable stands line the streets and offer great prices - don't be afraid to negotiate the price with the stand owner either!

 

While there are also plenty of higher end restaurants, I would venture to say most of the restaurants on Ambergris Caye cater to a price point somewhere in between.  Groceries, however, can be a mixed basket. Since the island imports most of its dried goods, some food will be decently priced and others will be staggeringly high simply because of the cost and weight of the item in relation to the cost of import. However, you'll learn quickly which goods cost more than you'd expect, such as nuts, and be able to adjust your shopping list. 

 

(Food taken out and eat at Grand Baymen, Ambergris Caye, Belize, pictured.)

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.

 

(Sítio das Fontes, Portugal,  pictured.)

If you want to move to Nicaragua to get away, to retire, to enjoy life, then it’s wonderful. It’s great. It’s a breath of fresh air. It’s a lifestyle that is a little more laidback than any other retirement lifestyle that you’d live anywhere else.
 
If you want to invest in Nicaragua and have a business in Nicaragua, you can easily do that and enjoy a retirement at the same time. The only thing is you should be aware that business is done differently...

If you want to move to Nicaragua to get away, to retire, to enjoy life, then it’s wonderful. It’s great. It’s a breath of fresh air. It’s a lifestyle that is a little more laidback than any other retirement lifestyle that you’d live anywhere else.
 
If you want to invest in Nicaragua and have a business in Nicaragua, you can easily do that and enjoy a retirement at the same time. The only thing is you should be aware that business is done differently here. The way business is done is somewhat slower and takes more time. You might not make as much as you thought you would, but if you moved down to Nicaragua for that, you can have a very positive experience doing it. 
 
For me, moving to Nicaragua was very pleasant. My father is Nicaraguan. I had already known my girlfriend, who is also Nicaraguan. So moving to Nicaragua was not only me coming back to a Nicaraguan family but also I was coming back to my girlfriend. So my move was a very nice, very positive experience.  

 

(Majagual beach, Nicaragua, pictured.)