http://robertgirga.com/RobertGirga/investing-in-latin-america/
Investing In Latin America
The Latin American middle class is growing, becoming more prosperous, traveling and buying things. Companies like the Marriott hotel chain are expanding across the Caribbean and Latin America. Brazil and Mexico are vying to be the new Latino superpowers. Oil finds in the deep water off the coast of Brazil may put it ahead of Saudi Arabia in terms of oil reserves. Those wishing to invest offshore from their nation of origin may wish to look to Latin America, and not just the obvious choices like Brazil and Mexico. Investing offshore is not just about tax havens. Latin America is growing economically and the smart investor can be part of this.
Panama
As we note in our article, Profiting in Panama, this little nation on the land bridge between Central and South America has been growing at the same rate as China. Like the Asian economic power, Panama did not have a recession. Its economic growth rate fell to around 3.5% which is what the USA would love to have in good times. Malls in Panama City, Panama rival the best in the USA. Latin Americans fly to Panama, shop at the malls in Panama City, and start and end their Caribbean cruise from the Caribbean port of Colon, Panama. Some of this is because Homeland Security rules have made it difficult for Latinos to enter the USA. Some is because Latin America is growing and becoming more prosperous. For the investor this means money.
Colombia
This nation has had to deal with an insurrection in its jungle in the Amazonia for over fifty years. This has been similar to the civil wars that burdened Central America for decades. However, the government has pushed the rebellion out of the cities and has the remaining rebel forces on the run. This provides investment opportunity is a country the size and population of California with abundant natural resources and free trade agreements with the USA as well as virtually every other nation in Latin America. The Colombian peso has risen against the dollar more than any other currency in 2012. Thus, if you are interested in banking offshore, there may be worse things than putting some of your assets on deposit as Colombian Pesos or investing in property in Cartagena, Bogotá, or towns in the Colombian Cafetero such as Pereira, Manizales, Cali, or Medellin.
Belize
Belize used to be British Honduras. English is the national language although Spanish and indigenous dialects are spoken. Residency is possible for those with a normal social security check or pension and the cost of living is decidedly lower than in North America. Banking Belize is well known for the degree of discretion of its banks. If one wishes to move assets offshore a Belize bank owned by a Panama Corporation, owned by a Panama Foundation is a possibility.
Follow the Leaders
Look to where companies like Marriott are investing.
2. Investing in Latin America
The Latin
American
middle class
is
growing, beco
ming more
prosperous, t
raveling and
buying
things.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
3. Companies like the Marriott hotel
chain are expanding across the
Caribbean and Latin America
http://robertgirga.com/RobertGirga/investing-in-latin-america/
4. Brazil and Mexico are vying to be the
new Latino superpowers.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
5. Oil finds in the deep water off the
coast of Brazil may put it ahead of
Saudi Arabia in terms of oil reserves.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
6. Those wishing to invest offshore from
their nation of origin may wish to look
to Latin America, and not just the
obvious choices like Brazil and
Mexico.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
7. Panama
As we note in our
article, Profiting in
Panama, this little
nation on the land
bridge between
Central and South
America has been
growing at the same
rate as China.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
8. Like the Asian economic
power, Panama did not have a
recession. Its economic growth rate
fell to around 3.5% which is what the
USA would love to have in good times.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
9. Malls in Panama City, Panama rival
the best in the USA. Latin Americans
fly to Panama, shop at the malls in
Panama City
http://robertgirga.com/RobertGirga/investing-in-latin-america/
10. and start and end their Caribbean
cruise from the Caribbean port of
Colon, Panama.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
11. Some of this is because Homeland
Security rules have made it difficult
for Latinos to enter the USA.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
12. Some is because Latin America is
growing and becoming more
prosperous. For the investor this
means money.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
13. Colombia
This nation has had
to deal with an
insurrection in its
jungle in the
Amazonia for over
fifty years.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
14. This has been similar to the civil wars
that burdened Central America for
decades.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
15. However, the government has pushed
the rebellion out of the cities and has
the remaining rebel forces on the run.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
16. This provides investment opportunity
is a country the size and population of
California with abundant natural
resources
http://robertgirga.com/RobertGirga/investing-in-latin-america/
17. and free trade agreements with the
USA as well as virtually every other
nation in Latin America.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
18. The Colombian peso has risen against
the dollar more than any other
currency in 2012.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
19. Thus, if you are interested in banking
offshore, there may be worse things
than putting some of your assets on
deposit as Colombian Pesos
http://robertgirga.com/RobertGirga/investing-in-latin-america/
20. or investing in property in
Cartagena, Bogotá, or towns in the
Colombian Cafetero such as
Pereira, Manizales, Cali, or Medellin.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
21. Belize
Belize used to be British
Honduras. English is the
national language although
Spanish and indigenous
dialects are spoken.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
22. Residency is possible for those with a
normal social security check or
pension and the cost of living is
decidedly lower than in North
America.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
23. Banking Belize is well known for the
degree of discretion of its banks.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
24. If one wishes to move assets offshore
a Belize bank owned by a Panama
Corporation, owned by a Panama
Foundation is a possibility.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
25. Follow the Leaders
Look to where
companies like Marriott
are investing. That is to
say follow the money to
business opportunity.
www.RobertGriga.com
http://robertgirga.com/RobertGirga/investing-in-latin-america/
26. As an example Panama is building a
subway to help alleviate the traffic
that prosperity has ushered in.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
27. Currently repossessed property
along the route of the soon to be
finished metro line
http://robertgirga.com/RobertGirga/investing-in-latin-america/
28. may become very valuable as transit
stops become mini commercial centers
in Panama’s caPital city.
/http://robertgirga.com/RobertGirga/investing-in-latin-america
29. For more information about
investing in Latin America feel
free to contact us at
www.RobertGriga.com.
http://robertgirga.com/RobertGirga/investing-in-latin-america/
