What's the best way to get around in Chapala and Ajijic, Mexico?
Thomas Hellyer - Chapala Home Sales
If you are in the downtown areas of Chapala and Ajijic, walking is a fantastic way to move. You want to have good walking shoes because there is a lot of cobblestones and uneven sidewalks. The good weather allows for lots of walking year round so that is a plus.
There is public transportation in the form of buses and taxis. The larger buses stay on the main roads and they move a little faster from town to town. There are shorter buses that come down into each village so it...
If you are in the downtown areas of Chapala and Ajijic, walking is a fantastic way to move. You want to have good walking shoes because there is a lot of cobblestones and uneven sidewalks. The good weather allows for lots of walking year round so that is a plus.
There is public transportation in the form of buses and taxis. The larger buses stay on the main roads and they move a little faster from town to town. There are shorter buses that come down into each village so it takes longer but if you are going from one village to another, taking these buses is more convenient.
Taxis are plentiful here and they are fairly well priced but they do not work too late at night. There are private drivers as well.
A lot of people tend to get a car because a lot of the housing is not right in the village. It is also convenient to have a car when you have guests that you need to pick up in the airport and if you need to go to other places like Costco or shopping. It’s also just nice to move yourself around like going to the beach for the weekend. But in general, you don’t have to have a car in Chapala and Ajijic, but a lot of people do.
(Thomas Hellyer with his kids exploring downtown Chapala, Mexico, pictured.)
Local employees in San Juan Del Sur know that they can depend on a certain income. Being a tourist town, the income ebbs and flows. There is a slower season and busy season but businesses have learned to predict and anticipate these changes. My business, which is a school, is thankfully pretty consistent. Children need to go to school year round. It does fluctuate a bit because of some families who move here and later on decide that San Juan Del Sur is not for them or their families. I...
Local employees in San Juan Del Sur know that they can depend on a certain income. Being a tourist town, the income ebbs and flows. There is a slower season and busy season but businesses have learned to predict and anticipate these changes. My business, which is a school, is thankfully pretty consistent. Children need to go to school year round. It does fluctuate a bit because of some families who move here and later on decide that San Juan Del Sur is not for them or their families. I have some transitions but it seems to be steady now and growing. In general, I feel that the economy here is pretty stable.
The economy in San Juan Del Sur is mostly tourism based. There is some farming of beans and coffee just outside of San Juan but the economy of San Juan, itself, is oriented more towards fishing and tourism although, fishing is not any longer really a big part of the economy of San Juan.
The construction industry in San Juan Del Sur is also growing. My husband is in the real estate business. He works with RE/MAX and he has a steady client base that is building homes, asking for builders, and there is a lot of new construction happening here.
(Super Space Trip Presentation at San Juan del Sur Day School, San Juan del Sur, Nicaragua, pictured.)
Off the top of my head, I can’t name a particular doctor practicing in Belize who is trained in a United States medical school, though I am sure there are some here. That being said, there are no medical schools in Belize so all the doctors in this country have studied abroad. There are some very fine institutions in England, Jamaica, Guatemala, Canada, and globally. So while I can’t specify a particular doctor in this country that went to a United States medical school, I am...
Off the top of my head, I can’t name a particular doctor practicing in Belize who is trained in a United States medical school, though I am sure there are some here. That being said, there are no medical schools in Belize so all the doctors in this country have studied abroad. There are some very fine institutions in England, Jamaica, Guatemala, Canada, and globally. So while I can’t specify a particular doctor in this country that went to a United States medical school, I am sure if you dug a little bit deeper, you could locate them as well as some other fine doctors and surgeons that have studied, not only in the United States, but in other fine medical institutions across the region and across the globe.
The quality of medical care in Belize is very high. There are several private hospitals here in Belize City where I have sought medical treatment myself. I have never felt that the medical service I received in Belize over the years has been sub-par compared to what I was used to in my youth in the United States. Several of the doctors who provided care to me in Belize were highly decorated and had expensive training, education, and experience, for example, a doctor when I had stitches. I also had a surgeon that had studied and had practiced for many years in Mexico City who probably gave me the best service I have ever had in my life. There was no scar whatsoever.
There is a very high level of health care available here in Belize. There are some very good doctors. In fact, there are some great doctors in this country and I don’t think that one would be hard-pressed to find the medical care that you need, certainly here in Belize City and perhaps in the districts as well. Of course, the best hospitals and the best care is located in the biggest city, which is Belize City, where I am located.
(Belize River through Belize City, Belize, pictured.)
How corrupt are the police in Portugal? Do I need to bribe the police in Portugal?
Luis Teixeira da Silva - Algarve Senior Living
I am very happy to answer this question because the police in Portugal are not corrupt at all. There is no corruption on that level in Portugal. I would highly recommend that people do not try any Latin American or African tricks of trying to slip in dollar notes into a driver’s license or any funny business like that because that doesn’t work in Europe. That is completely frowned upon and you could well be arrested if you do something like that. If you are coming to...
I am very happy to answer this question because the police in Portugal are not corrupt at all. There is no corruption on that level in Portugal. I would highly recommend that people do not try any Latin American or African tricks of trying to slip in dollar notes into a driver’s license or any funny business like that because that doesn’t work in Europe. That is completely frowned upon and you could well be arrested if you do something like that. If you are coming to Portugal, don’t try it. No one expects for corruption to happen at that level.
Unfortunately, however, there is still some corruption that happens at other levels. For example, you may find relative to obtaining planning permission for certain projects, you sometimes wonder how certain properties were built. They may be too large or too close to a natural reserve so it is questionable how they managed to build there and so there might be some corruption that happened at the political level. There is still some suspicion of corruption in those areas around Portugal but it is not by any means commonplace nor is it of the kind of level that you would find in Africa or Latin America. Having lived in both Africa and Latin America, I can comment based on my observation and comparison of these different regions. There is a huge difference.
In general, what do I need to know about FBAR (Foreign Bank Account Report)?
John Ohe - Hola Expat Tax Services
If you have an interest or signature authority over foreign financial accounts that have a total balance exceeding $10,000 at any point of the year, you are required to file the FBAR (Foreign Bank Account Report – Form TD F 90-22.1). The FBAR is separate from your income tax filing, and the due date for filing (starting in 2017) is April 15. To complete the FBAR, it is advisable to maintain records of your monthly account balances. Otherwise, the...
If you have an interest or signature authority over foreign financial accounts that have a total balance exceeding $10,000 at any point of the year, you are required to file the FBAR (Foreign Bank Account Report – Form TD F 90-22.1). The FBAR is separate from your income tax filing, and the due date for filing (starting in 2017) is April 15. To complete the FBAR, it is advisable to maintain records of your monthly account balances. Otherwise, the paperwork may become a difficult exercise. Account balances need to be converted to U.S. dollars, using the F/X rate as of the last day of the year. Failure to report (non-willful) carries a penalty up to $10,000. Willful non-compliance potentially raises the penalty up to $100,000 or 50% of the taxpayer’s foreign assets (whichever is greater).
As of July 1, 2013, the FBAR has gone electronic, and is now called FinCEN 114. BTW, the acronym FinCen stands for Financial Crime Enforcement Network. The information required to be submitted remains the same.
What's the best way to choose a real estate agent in Panama?
Yuri Sapozhnikov - Cpanama.com
When choosing a real estate agent in Panama it would be wise to set up a time after business hours to speak on the phone or Skype to find out the agent's qualifications, experience and the product of interest.
When choosing a real estate agent in Panama it would be wise to set up a time after business hours to speak on the phone or Skype to find out the agent's qualifications, experience and the product of interest.
We think that we are smart because we found this near paradise called Panama; by my estimation that is about an 80% correct assumption. On most scales this country rates higher than others. So what is the problem you ask?
Recently a friend's demise caused the brain to kick into over drive:
What if I die or my spouse dies?
What if we don't have enough assets to pay the doctors and hospitals if we are sick?
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...
Many people have this idea that Panama is a backward place with grinding poverty, poor infrastructure, political instability and lots of risk for investors. In fact, while there is poverty there in relative terms, the people are happy, relaxed, friendly and open. Much of the country is pretty much like parts of California or the American south, and was so, long before swarms of gringos arrived at the start of the current economic boom.