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Top 57 Places to Live & Invest in the Tropics

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The investment and securities industry can be a complicated thing for most people to understand. As a result, many depend on the services of a licensed broker or financial advisor to help them navigate the many options available for building wealth and preparing for retirement.

And, while most of these individuals are very knowledgeable and well-meaning professionals, they’re not necessarily the only (or even the best) solution for determining how to invest your dollars. But you won’t hear that from them.

Of course, your broker has your best interest at heart. But he also has some interests and limitations of his own. Ones he’s not likely to disclose to you. Here are five statements that, while true, probably won’t ever come up in your quarterly review.

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1. “I’m a salesman, not a stock analyst.”

Your adviser probably sounds like he’s up-to-the-minute on market trends and the hottest new investment products. He may also provide colorful graphs and charts and use lots of financial jargon. But the fact is that selling investment products has no education or experience requirement. Candidates just have to pass a test, albeit a relatively difficult one.

That’s because, at the end of the day, the role of a financial advisor is essentially a sales job. The company your broker works for has experts who research individual stocks, mutual funds, and other financial tools. Any insights he offers to you he’s learned from reading his corporate literature, not analyzing the annual report of every company in the S&P 500.

2. “I have ulterior motives.”

Brokers are sometimes offered extra incentives for selling certain mutual funds or products. So, while he would never intentionally recommend something that’s a BAD investment, he could have his own selfish reason for suggesting one investment vehicle over another.

Not to mention, he may also have a quota to meet. Even if your portfolio is performing just fine, he could suggest that you buy into a different fund or company, since he only gets paid when you make a transaction.

These practices do happen, but that doesn’t mean they’re true of every broker or firm. It might be worth looking into how your advisor gets compensated.

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3. “I’m biased towards domestic investments.”

Most advisors suggest putting anywhere from 10 to 25 percent of your portfolio in international investments. This recommendation reflects something that’s know as “home country bias.” People tend to assume that their home markets are less volatile and more likely to earn higher returns, when that isn’t necessarily the case.

While it’s true that international markets do fluctuate, they’re no less stable overall than the U.S. market. In fact, looking over a long range of time, the results have actually been quite similar.

Furthermore, while the U.S. once made up over half of the global market, that’s no longer true. So, if you want a portfolio that more closely resembles the global ratio, you’d end up with closer to 50% in foreign investments, leaving you better poised to shoulder both the political and economic risks.

4. “You should be thinking outside the box.”

Your broker has probably talked to you about the importance of diversifying your portfolio. He may have stressed the importance of having a mix of large- and small-cap or domestic and foreign funds.

He’s probably touched on any other business or personal property that factors into your net worth, such as your home. But outside of that, he’s probably never mentioned any product that he doesn’t offer.

When it comes to investing, stocks, bonds, and mutual funds are only part of the picture. You shouldn’t overlook the myriad of other options out there, such as real estate. These non-traditional ventures are often very profitable options, but they’re probably not on your advisor’s radar. Not even close.

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5. “Your best investment option may be one I could never sell you.”

Not only will your advisor probably not mention any non-traditional investments, he might not even be able to help you with any that you suggest on your own. International real estate is a good example.

Buying land or a home overseas can be a fantastic investment, particularly if you’re able to hold on to it long-term. There are a number of areas in the Latin Tropics where real estate is getting ready to take off, due to infrastructure improvements or other development nearby. Plus there are many tax advantages to buying foreign real estate.

The problem is that your broker’s firm probably won’t allow him to assist you with the purchase. That’s not because it’s a bad or risky investment. It’s merely because it’s beyond their capacity. They simply don’t have the time or resources to research these kinds of investments for every client. So they’ll have to send you elsewhere.

However, for those who want to include international real estate in their financial portfolio, there are plenty of options available. It’s just a matter of finding a custodian who deals with these types of transactions and is better equipped to work with a more informed, entrepreneurial client.

Bottom line…there’s no need to fire your broker just yet. When you make money, he makes money. So, for personal and professional reasons, he wants to see you build as much wealth as possible. But you should definitely go into your next quarterly review with a more open and inquisitive mind.

He knows a lot of ways to get you a great return on investment. But only you can decide what’s truly the best strategy for your future.

buy an islandIf you’ve spent even five minutes on our site, then you know we’re pretty big fans of international real estate as an investment. It’s tangible, stable, and even pretty predictable if you’ve been doing this as long as we have. And — as is often said — they aren’t making any more of it.

If that finite supply is part of what makes real estate a great investment opportunity, then it plays an even bigger role when it comes to island property. There are only so many in the world. It’s part of what adds to their allure.

Due to the limited number of listings for island properties for sale, their demand (and consequently their price tag) is often quite high. Not to mention, buying and owning island property comes with its own very unique set of challenges.

So before you go in all Robinson Crusoe and start making offers on your own personal deserted island, here are a few tips to keep you from getting marooned.

1. Be realistic.

You may have delusions of grandeur of living in solitude in your own tropical paradise. Or maybe you’ve come up with the perfect plan to buy a raw tropical diamond in the rough and turn it into the next Roatan, Honduras. Just know this. Neither living on or developing an island is for the faint of heart.

Before you hop a boat from the mainland, ask yourself a few questions. Will I be OK with being a bit cut off from civilization? What happens if there’s an emergency? Do I really want to pump my own water?

Potential investors or developers should do the same. Think about these questions. How much will I need to better this land in order to turn a profit? Have I factored in the cost of transporting tons, meaning literally thousands of pounds, of building supplies from the mainland?

Too many people buy island property without taking these and other factors into account. Once they realize they were disillusioned about what it would demand, many end up turning right around and selling it or, worse, getting stuck with undesirable property they can’t get rid of.

buy an island

Chuck Holton

2. Consider the ease of access, or lack thereof.

By its definition, island property is surrounded by water. This fact opens up a whole can of worms that you might not have ever thought about before if you haven’t lived on an island.

Not only is there the issue of the island’s distance from the mainland. There’s also the physical hurdle of getting people and supplies out of a boat and onto dry land. That’s not always as easy as it sounds. There has to be a shoreline somewhere that’s conducive to loading and unloading.

This becomes even more crucial if you’re planning to build. It’s one thing to imagine bringing your furniture and groceries ashore on an island. Now imagine unloading stacks of lumber or a backhoe. In most cases, it is possible. But the time and costs associated with building on an island can be many times more than what the same would cost on the mainland.

3. Know your rights.

In most places in the Latin Tropics, foreigners have the same rights as citizens when it comes to buying and owning real estate. However, there are sometimes caveats. And island property is one of the most common types restricted by local laws.

For example, in some countries islands can only be purchased as Rights of Possession (ROP) property. That means they’re actually owned by the government. You have the right to use and develop it as you wish (with a few limitations). You just don’t hold the title and, as a result, don’t pay taxes.

If that scares you, it shouldn’t. It’s a very common practice, and it’s often the only way to be able to possess some of the most amazing properties in the tropics. It’s also not that different from owning land in the U.S. (If you don’t agree with that statement, then just ask yourself what would happen to the land you own if you stopped paying your property taxes.)

Another thing to be aware of is that many countries also recognize adverse possession, which is where a trespasser can actually acquire ownership of property merely by occupying it (read: squatting). So, before you buy a property that you think is vacant, you might want to check it carefully for any signs of vagabonds.

buy an island

4. Do your due diligence.

For these and other reasons, it’s never more important to diligently research a title than when it comes to buying island property. Disputes over land can and do arise. And — if you take nothing else from the advice I’m giving here — know that if any questions are going to arise concerning the ownership of a property, you’re going to want to address those BEFORE you purchase it.

Resolving title issues is a manageable hurdle that can be surmounted. Ending up having to plead your case in a foreign court and facing the potential of losing everything you’ve invested is a NIGHTMARE that you never want to have to deal with.

5. Work with a trusted team.

Buying island property is not easy. But, while the risks it presents are ones that can be managed, that’s no easy feat for someone who doesn’t specialize in international real estate transactions.

That’s why my best advice is to work with a team of trusted professionals who can help guide you through the process. A local realtor can help you schedule property viewings, compare listings, and complete written offers. An attorney who’s well-versed in real estate can help with researching the title and walking you through the buying process.

It’s important to thoroughly vet any of these professionals before you hire them. Get recommendations from other expats and investors. Meet with several experts and interview them before you tell anyone they’ve got the job.

With the right help and an objective approach, buying an island can be a lucrative investment or a tropical dream come true. Just be careful. Failure to follow these tips could leave you feeling like a castaway.

If you’ve settled on the place you plan to live in retirement and haven’t yet made an offer on your dream home, then what are you waiting for? Not only does owning a home in the tropics mean that you have a place to stay whenever you come down to visit, it’s also a great retirement planning strategy.

Buying a home that can also serve as a rental property when you’re not using it, is a great way to help the home pay for itself. It may even be another way to generate income to help you live even more comfortably in retirement.

But while owning and renting out a home in another country may seem like quite a challenge, it’s one that can be easily managed. Literally, in this case.

When it comes to rentals in the tropics, the services of a qualified rental manager or management company can be priceless. From making sure your property stays booked to getting repairs made in a timely manner, here’s how to make sure your rental manager will make, not break, your experience of owning a rental property in the tropics.

tropical rental home

Find the person before the property

Rental managers know better than anyone else what are the most sought-after locations for rentals in the cities where they operate. They also know which types of properties rent the best and what kind of renters you can expect to attract.

As such, they can be just as helpful in finding you the right property as they will be once it’s ready to rent. So, if you plan to buy a property to rent, your rental manager might be a good person to have on your home buying team.

Choose wisely

Just as the right rental manager can be the key to your property’s success, hiring the wrong one can be an absolute disaster. So, how do you know which management company to choose?

You can start by asking for recommendations if you know any other expats or property owners in the area. Try consulting expat forums focused on your town. Find out who’s happy with their manager and who isn’t.

Also, don’t underestimate the effectiveness of a basic online search. But don’t just type “rental managers in Nosara, Costa Rica.” Search the way your target audience would.

For example, if you’re wanting to market your Panama City condo to local business professionals who might stay more long-term, try searching “departamentos amoblados Panama City.” The top listings you see for furnished apartments are the same ones your prospective tenants will be seeing as well.

That’s not to say you should hire the first company that comes up in a Google search. That’s just a place to start. It’s absolutely essential to research and thoroughly vet any potential candidates, and even interview a few, before making such an important decision.

tropical rental home

Iron out the details

Once you’ve found a rental manager you’re comfortable working with, the next step is to agree on their duties for managing the property, as well as how they’ll be paid for their services. So, before you sign any contracts, make sure every detail has been covered.

At the very least, your rental manager will be responsible for marketing the property, screening potential renters, handling check-ins and check-outs, collecting rent and deposits, scheduling cleanings, and inventorying contents for damaged or missing items. But they may be able to do more.

Find out if they’re willing to enforce any restrictions you want to impose (e.g. no pets or smoking). If they handle property management, they may also be able to handle items such as overseeing property maintenance, paying utility bills, or even taking care of the taxes on the property.

Don’t let out of sight be out of mind

Even though a qualified rental manager can be more than capable of effectively managing your rental property, don’t blindly assume that no news is good news. Check in regularly with your management company to make sure things are running smoothly.

You can request that they submit monthly statements showing any income and expenses for your property. They should also be able to produce receipts for any maintenance performed, items replaced, or bills or taxes paid.

It’s also a good idea to come down as often as possible to check things out for yourself. Pictures and statements are great. But there’s no substitute for seeing the state of things with your own eyes. Plan to meet with your rental manager to speak personally about how things are going and discuss any changes that need to be made.

Not only are frequent visits a great way to keep things in tip-top shape. They’re also a good excuse to take a vacation and start building up your anticipation for retirement, in your tropical dream home that’s now paying for itself.

Quick! What are the first five adjectives that come to mind when I tell you to think about the Latin Tropics?

All done? What were they? I’m guessing most of them were probably pretty positive. Words like “breathtaking,” “eco-diverse,” and “relaxing.” And those all describe the region quite well.

But there’s a small chance there may have also been a few negative attributes that popped into your head. Things like “unfamiliar,” “expensive,” or “muggy.” And those can certainly be valid descriptions of certain parts of the area as well. However, many of them might not be quite as prevalent (or even accurate) as you might think.

Let’s take a minute to debunk some commonly held misconceptions about living in the Latin Tropics. This should help you banish those negative terms from your vocabulary in favor of some more positive impressions about this incredible region.

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1. The climate is unbearably hot and humid.

A commonly held misconception about the Latin Tropics is that it’s unbearably hot and humid everywhere you go. That couldn’t be further from the truth. Beating the heat in the Latin Tropics is as simple as changing your altitude.

While it’s true that most coastal cities can get pretty warm, there are plenty of fantastic places to live in the inland mountains and valleys that are so mild that most homes don’t even require air conditioning. All you need to do is open a window and let in the tropical breeze.

2. Everything is really expensive.

If your only experience in the Latin Tropics was at a fancy resort or in a highly developed city that’s popular with expats and tourists, it’s easy to think why you might hold this belief. But when you live like a local, it’s actually a very affordable place to call home.

In fact, the low cost of living is a factor that attracts many people, retirees in particular, to the region in the first place. Housing and utilities are inexpensive. Fresh produce is dirt cheap. You can even splurge on the services of a domestic helper, like a maid or gardener, for a fraction of what you’d pay for the same services in the U.S.

3. I can’t own real estate in the Latin Tropics.

This is another fact that many would-be expats incorrectly assume. In most countries in Latin America, foreign buyers have the same rights as citizens. They can buy property outright and, in some cases, even obtain financing.

There are some exceptions, though, like beachfront property and land within a certain distance from national borders. If you decide to buy, you’ll also need to be aware of property laws governing issues like “squatters” and other things that aren’t a concern in the U.S.

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4. I need to learn Spanish before I can move there.

While it’s a good idea to know at least a few key phrases before beginning your expat journey, being fluent in Spanish is hardly a requirement. Most cities that are popular with expats and tourists are very friendly to English speakers. You won’t have a hard time getting your questions answered.

Once you’re settled in, you can start focusing on broadening your vocabulary. There are also plenty of language schools, tutors, etc. who can help you learn the lingo after you arrive. Not to mention, there’s no better way to learn than being immersed in the culture day in and day out.

5. The Latin Tropics are “disconnected” from the rest of the world.

Yeah, I get it. Quaint fishing villages and ethereal cloud forests don’t exactly scream “high-speed connectivity,” but you might be surprised by how far this region has come in recent years when it comes to things like Internet access and cellular coverage.

Many countries have seen government initiatives targeted at improving infrastructure and Internet connectivity. Most mid- to large-sized cities have cafes and other businesses that boast free wi-fi. And with all the technology available these days, it’s never been easier to keep in touch.

6. Locals don’t care for North Americans.

This could be the most ludicrous assumption that North Americans make about the people of the Latin Tropics. They’re an incredibly welcoming culture, eager to make new friends and share stories.

As long as you’re open to new people and ideas, you’ll fit right in with the locals in the Latin Tropics. Come across as an arrogant gringo, on the other hand, and they likely won’t give you the time of day.

7. It’s not safe there.

Unfortunately, the Latin Tropics has earned itself a bit of a reputation as a haven for crime and corruption. The reality, though, is that it’s cleaned itself up quite well and today is no less safe than your average North American city.

What crime that does exist is mostly drug- or gang-related and generally only affects those involved in those activities. The rest is mostly minor offenses like petty theft. In general, just stay away from the bad parts of town after dark, lock your doors, and don’t leave valuables lying around to tempt would-be thieves.

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8. The Latin Tropics are not open for business.

Many people steer clear of moving to the Latin tropics because they’re afraid they couldn’t get a viable business up and running in order to sustain their livelihood. This is yet another false assumption. For the entrepreneurial expat, there are plenty of options for making money.

As more and more people move to the region from all over the globe, there’s a growing need for more businesses catering to expats and tourists. Everything from boutique hotels to dry cleaners. Investing in real estate is another popular option, as the savvy buyer can often score a great deal on land or homes.

Whether you’re worried about making ends meet, swatting at mosquitoes, or learning how to order a sandwich the way you want it, there’s no reason to let those fears or misconceptions keep you from realizing your dream of living in the Latin Tropics.

Plan a trip down to check things out for yourself. Get to know some locals. Have them show you where they buy their groceries. Ask them where it is and isn’t safe to go at night. Then pop into an Internet cafe to email your family and friends back home. Tell them to start getting excited about coming to visit you in your new home.

Expats thinking outside the box means finding destinations that can offer a combination of adventure and the challenge of living in a different environment. The Latin Tropics have a number of locations that can offer both an adventurous lifestyle and the opportunity to step outside your comfort zone.

The list below contains locations that range from rustic, provincial places, where you can immerse yourself in a new culture, to regions where high adrenaline activities are the theme of the day. These unique spots are not just for visiting but, for those who dare to try something different, places where even the most adventurous expats can find long-term fulfillment.

Locales for Expats Thinking Outside the Box

The list below is by no means exhaustive. However, these destinations are great examples of places where you can find more than just your run-of-the-mill expat hotspot.

expats thinking outside the box

VivaTropical

Boca Chica Island, Panama

For those looking to escape from the 24/2/7/365 rush of modern urban communities, Boca Chica, Panama is the perfect getaway. This 400-acre private island, just a mile off the Panamanian coast and six miles from the town of the same name, combines natural beauty, world-class sport fishing, snorkeling and diving, and tremendous investment potential.

Boca Chica’s close proximity to Enrique Malek International Airport in David makes it easy to access this lush tropical oasis.  Once experienced, it is easy to see that Boca Chica is a desirable place for relocation.

expats thinking outside the box

texaus1

Crucita, Ecuador

Adrenaline junkies who are looking for a place that combines high energy sports with the ambiance of a small tropical fishing village will find that rare blend in Crucita, Ecuador. This beachside town has become known as a premier destination for paragliding and hang gliding with stretches of open beaches, constant Pacific breezes, and a number of businesses that cater to “gliders.”

Given the small population (12,000) and rustic beach lifestyle, Crucita may be the ideal spot for adventurers who are looking for the magic of that “endless summer” without the tourist-centric atmosphere that many beach towns have. More than just a place to visit and play, Crucita has potential for investment while maintaining the irresistible draw of being a location where high-flyers can spread their wings.

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Zanzabar Photography

Santa Teresa/Mal Pais, Costa Rica

Nestled on the southern tip of Costa Rica’s Nicoya peninsula, Santa Teresa (and the surrounding region of Mal Pais) has become a haven for those expats seeking a life less cluttered. The region around Santa Teresa has become a go-to spot for surfers from all over the world seeking to find that perfect wave without the over-development that marks so many beach communities in the region. Surf camps and shops are plentiful; there are even two surf camps – Chica Surf Adventures and Pura Vida Adventures – that are for women only.

The perfect balance to the high-energy world of surfing, the region has also become home to a growing number of yoga retreats and alternative health spas. Close proximity to the first national park in Costa Rica, Cabo Blanco Absolute Nature Reserve and Curu Wildlife Refuge, provides special opportunities to experience a wealth of biodiversity.

Needless to say, this symbiotic merging of meditation, natural wonders, and adrenaline sports has made the Mal Pais region a popular place to visit and play. While there is an increasing push to develop more contemporary living in Santa Teresa, it is still possible to live there and immerse yourself in the eclectic ambiance of rustic small villages where the spirit of “pura vida” remains alive and well.

expats thinking outside the box

Paul Krawczuk

Galapagos Islands, Ecuador

Nature lovers could ask for no better place to live than the Galapagos Islands, off the coast of Ecuador. While the Galapagos archipelago is made up of 19 islands, only five are inhabited: Baltra, Floreana, Isabela, San Cristobal, and Santa Cruz. The largest city, Puerto Ayora, home to about 10,000 people, is located on Santa Cruz.

Long admired as one of the premier destinations for wildlife viewing, this group of islands is home to various types of plants and animals found nowhere else on Earth. The few villages and towns scattered throughout the archipelago are rustic settlements that are reminiscent of an earlier, less complicated time.

Living in a location that is unsullied by modern construction, surrounded by a unique and biodiverse environment, seeped in historical relevance, is what a move to the Galapagos Islands promises. More than just a place to visit, these islands can be a retreat from the modern world like no other place on Earth.

expats thinking outside the box

Luis Penados

Lake Atitlán, Guatemala

Labeled by such figures as Aldous Huxley and Alexander Von as being the most beautiful lake in the world, the highlands area of Lake Atitlán, Guatemala has become a favorite for expats looking for a unique destination off the beaten path. Located in the Sierra Madre de Chiapas mountain range, the Lake Atitlán area has a cooler, less tropical climate that may appeal to expats who find the heat along the coast less inviting.

The nine villages that surround the lake offer both a rustic lifestyle and a chance to become immersed in the local Mayan culture like nowhere else in the region. Being able to see and experience Mayan culture, not just as a tourist presentation, but as a way of daily life, is a profound experience that cannot be had in many places in the world.

Less developed than other parts of Guatemala, this region holds great investment potential for those who are intrepid enough to create their own version of a Latin Tropics escape. Balancing growth while maintaining the special cultural vibe of the region is a focus of the area’s residents, and it shows.

expats thinking outside the box

Bernard Dupont

Sanctuary Belize, Belize

Nestled between Mexico and Guatemala, the tiny country of Belize melds a unique blend of eco-lifestyles, adventures on land and sea, and Mayan ruins. Formally known as British Honduras, Belize is unique in that it is the only Latin Tropic country where English is the official language.

Belize offers a diverse selection of things to see, do and experience. Numerous Mayan ruins await those who wish to see the remnants of this amazing culture up close and personal. For those looking for aquatic adventures, the Belize Barrier Reef is the longest barrier reef in the Western Hemisphere and second-largest in the world behind Australia’s Great Barrier Reef.

Sanctuary Belize has become a unique experiment combining eco-tourism and a “green” lifestyle on its 14,000 acre location. Having the opportunity to live green in the tropics while enjoying the natural beauty of Belize is certainly an exciting option for expats looking for something more than just an oceanfront existence.

Dare to Think Outside the Box

One of the best parts of the expat experience is discovering new vistas and new ways of living that can take you beyond the life you had before. Visiting these locations (or others that peak your interest) can be the first step to leaving your comfort zone to find your own road less traveled.

The number of millennials embracing expat living is increasing every year. Not surprisingly, the Latin Tropics have become a top destination for these young Americans seeking a path less traveled beyond the borders of the U.S.

Unlike retirees, or older expats, millennials often have to remain more focused on how to earn a living while exploring their new country. Whether the stay is just for a year or two, or a more permanent relocation, finding a job that can finance the tropical dream can be a challenging part of the expat experience.

millenials embracing expat living

Andreas Klinke Johannsen

Know the Rules

Working in a foreign country is not just a matter of getting hired. Many countries have rules and regulations governing employment for those who are not citizens or residents of the country. This may be a factor in the types of employment that millennials looking to work abroad can apply for.

While researching job opportunities, it is important to also look into any limitations that may exist for prospective foreign workers. The information for work permits, residency requirements, and other matters concerning employment are easily found on the internet.

What Jobs Are Most Available for Millennials Embracing Expat Living?

The types of jobs best suited, and most easily obtained, for millennials living abroad are different than those available to college graduates in the United States. Whether looking for something to pay the bills for a year or two, or as a transition to becoming a permanent resident, being able to look at some non-traditional roles can open up opportunities that you may not have considered before. Here are a few.

Freelance Work

As the interest in life outside of the U.S. continues to expand, freelance writers and photographers are becoming more in demand. The plus side is that you are your own boss in terms of what projects you work on and when. The obvious downside is that there is no guarantee of a regular income.

Translator

If you have language skills, finding work as a translator may be a way to fund your expat experience. This type of work can be found in both public and private settings.

Many local schools look for individuals who can teach basic English to their students. On the other side of the language coin, international schools are seeking native English speakers to teach Spanish to new arrivals to their Central and South American homes.

Tourism

For millennials who want to immerse themselves in the local culture while sharing their knowledge and experience, working in the growing tourism industry is another possibility. Whether arranging tours, making reservations, or actually working as a guide, the opportunities and potential for income is certainly growing.

Volunteer/Humanitarian Work

For some millennials, working to better the lives of those in need in a foreign setting is the ideal expat position. While the pay is often minimal, many organizations often trade room and board in exchange for the work you would do. Though not for everyone, positions of this sort can offer life changing experiences that cannot be measured in dollars and cents.

Employment with a U.S. Company

There are a limited number of openings abroad for employees of companies based in the U.S. Generally, these positions require some specific skill or training that local residents may not have. As globalization continues, however, the number of positions for those interested in living and working abroad can be expected to increase as well.

millenials embracing expat living

Real Estate: The Unexpected Option

One type of work that may not immediately come to mind is the field of real estate. Many older expats looking to rent or purchase property in the Latin Tropics often find that they’re more comfortable dealing with someone who comes from their same background or frame of reference.

Expats know the kinds of areas and properties that might appeal to other expats like themselves. They’re also familiar with the way real estate transactions work in both the U.S. and their new country and can better explain the ins and outs to newcomers.

As a result, many local realty companies actively seek individuals who are excited about sharing the expat experience and who can spread that excitement to others considering the same choice. These positions can involve rentals, buying and selling, or even managing properties for absentee owners.

Where Do You Look for Expat Jobs?

After identifying the kinds of jobs that may translate well to the expat lifestyle, the next step is to discover where these positions can be found. Personal connections, such as friends and family are good places to start your search.

Alumni associations, fraternities and sororities, or professional organizations (if you belong to one) may provide unexpected connections beyond the U.S. borders. Even if none of these options is available, there is still one other trusty tool you can use for job hunting: the Internet.

A simple search for terms such as “international jobs” or “telecommuting” or “teaching English abroad” can yield a great deal of information about positions that are available and how to apply for them. Even a search for U.S. companies that are located in your chosen destination could reveal a potential source of opportunity.

Social media is another great place to get ideas. There is an ever increasing number of groups on sites like Facebook, Twitter, and Instagram dedicated to living and working abroad.

What Is the First Step in Embracing Expat Living?

But before you start sending out resumes, it’s important to make sure you’ve pinned down a location where you’ll be happy and fulfilled, whether for a few years or forever. Set aside some time to visit the areas you’re considering. Get a feel for the culture and the pace of life. And don’t forget to check out the job boards and see what’s posted!

are you ready to be an expatAre you ready to be an expat? There are a lot of factors that should go into making such a life-changing decision. Taking an objective look at several important areas is a great way to test your expat readiness.

While there are elements that are unique to each person, certain general characteristics apply to almost everyone who’s able to thrive in the Latin Tropics. Answering true or false to a number of simple questions can provide a window into whether the expat lifestyle is something that you should pursue.

I’m Ready to Be an Expat: True or False

Below is a series of statements that address some of the factors that could impact your decision to move abroad. Read each one, and be truthful about your response. If you can agree to each of these claims, there is a good chance you would thrive in the Latin Tropics.

I Have Visited My Destination City/Country Several Times.

There is no more important step in the process of moving abroad than actually experiencing the country firsthand. By getting a good grasp on what life might be like before taking the plunge, you can avoid ending up with expat regret.

I Have Made a Budget for Living Abroad.

Having a realistic understanding of your own financial situation and what your requirements are to maintain the lifestyle you desire is particularly important as an expat. This should also include a “slush fund” to cover unexpected or increased costs.

I Have a Plan to Earn/Make Money in My New Home.

Unless you’re independently wealthy, you also need a plan for how you’re going to keep income flowing in. This could be from savings, investments, social security or pensions, or some kind of work or employment. Regardless of the source, this is something that should be in place well before you start packing your bags.

are you ready to be an expat

I Have a Place to Live.

It may seem obvious, but making certain that you have a place to live – whether rented, owned, or built – is crucial to preparing for your move overseas. A great way to deal with this is to research properties available, visit prospective locations, and meet with local agents who can answer questions about properties, transactions, and the overall potential of areas you’re considering.

I Am Comfortable Living in a Place Where English Is Not the Primary Language.

For those whose experience in foreign living has been exclusively at resorts that cater to North American tourists, discovering that daily life is not conducted in English can be a culture shock and a difficult hurdle to overcome. For some, learning to live life in another language is a welcome challenge. For others, it could be too much to handle.

I Don’t Mind Things Moving at a More Casual Pace.

Life in the Latin Tropics moves a bit more slowly than most North Americans are used to. Mañana, “tomorrow,” may actually mean next week. Next week might mean next month. Accepting that certain things, such as appointments with repair people, deliveries, etc. may not happen in the same time frame as in the U.S., can reduce your stress level and allow you to enjoy living life less frenetically.

My Friends/Family Support My Decision.

While the decision to move abroad is ultimately a personal one, having the knowledge that friends and family support your decision makes for a much easier transition to becoming an expat. Keeping positive lines of communication open can make the entire experience a joyous journey for all involved.

I Do Have a Fall-Back Plan.

Although your intention may be to make your move permanent, life sometimes intervenes. Family emergencies, financial issues, health problems, and similar unexpected occurrences may require a return back to the States. Having a safety net in place – even if it’s never used – can bring much-needed peace of mind during an uncertain time.

are you ready to be an expat

The Flip Side

If you answered “true” to the above statements, then congrats! You’re well on your way to making your dream a reality. But before you do, here are a few statements where your agreement could mean that becoming an expat might not be the best choice for you at this time.

I Want to Get Away from a Bad Relationship.

There is probably no worse reason to become an expat than to escape a failed relationship. While giving yourself some space may be a great short-term fix, you will soon discover that the feelings you sought to escape have travelled with you and could make adjusting to your new home very difficult. Try taking a vacation instead.

I Hate the Government and Want to Leave.

Many people threaten to move out of the country if so-and-so gets elected or if such-and-such bill gets passed. It’s understandable. We all get frustrated. But the truth is that there’s no utopia. If government policies and politicians frustrate you in the U.S., they will in your new country as well. While it’s true that Third World governments generally do less to affect your daily life and choices, there’s an incredible amount of bureaucracy and corruption.

I Want Life to Be Just Like It Was Back Home.

Simply put, this is an impossible dream. Life in the Latin Tropics is far different than life in the U.S. From the food, to shopping, to infrastructure, to the weather, you cannot hope to replicate the life you are leaving in the U.S. It will never happen.

My Culture Is Better Than Any Other.

If you are not willing to immerse yourself in a new culture and already have a preconceived notion that your way is superior, living abroad is not for you. People in the Latin Tropics are extremely welcoming to foreigners, but they don’t have a thing for those who arrogantly think their own ways are best.

Answering the Question About Your Expat Readiness

In taking this quiz, you probably have a better idea as to whether you are ready to begin your expat journey. Even if you couldn’t quite answer affirmatively to every statement, you should have a better idea of how to prepare for a life changing adventure that can lead you to your tropical paradise.

There are surprising expat expenses whose prices are significantly higher abroad than “at home.” Identifying these items beforehand can help potential expats, particularly those who are living on a fixed income, to better prepare for these higher ticket items.

On the flip side, there are some things whose costs are much less than you might expect. Comparing these pluses and minuses can be a great way to plan a long-term budget for your life in paradise.

Surprising Expat Expenses-The Top 6 Items

The list below contains some of the most surprising expat expenses. While no means exhaustive, this group provides a good example of the kinds of things that expats should keep in mind as they make the transition to life in the tropics.

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Transportation: Buying Or Shipping A Vehicle

One of the most expensive items that may surprise expats is the cost of purchasing a new vehicle in the Latin Tropics. It is not uncommon to find prices that are as much as 25% higher than you would pay for the same vehicle in the U.S.

An additional issue with vehicle purchasing is that financing probably will not be an option. This translates into having to pay cash which can certainly impact a budget if someone was expecting a monthly payment instead.

Even shipping a vehicle can be a pricey option. The cost of getting the vehicle to the port that it will ship from, the price of shipping, duty and import fees and taxes charged by your new country can easily total several thousand dollars.

Repairs To Vehicles

Getting a vehicle repaired in the tropics is another surprising expat expense. While the costs of labor are usually cheaper, getting the parts necessary to make the repairs can be significantly higher

The major reason for this is the fact that many parts have to be imported into the country since there are very few “after market” suppliers in the tropics. Ordering parts from a state-side distributor means paying to have them shipped and, depending on the price, possibly paying duty on them as well.

Transaction Fees

In the tropics, transaction fees can be a surprising expat expense when buying property. While there are few, if any, restrictions to foreigners actually owning property throughout the Latin Tropics, understanding the transaction fee structure can be confusing and, in some cases, add a cost that you may not have expected.

The fee structure varies from country to country and needs to be checked before signing any agreements. Even the tax on property can vary; in Panama, for example, the transfer tax is a flat 2%. However, the basis can be either the purchase price or the cadastral value, whichever is greater. This latter item is an administrative value used by local authorities for fiscal purposes, such as taxes.

Higher End Consumer Goods

One major expense for expats involves higher end consumer goods like appliances or electronics. Not only are “brand name” products harder to come by, the prices that one will pay for them could be several times higher than one would pay in the states.

Utilities

Paying for electricity, internet (if available), cable, cellular service, water/sewer and related items are other surprising expat expenses. Once you move beyond basic service, costs can double or even triple. Additionally, if repairs should be needed, you can be charged for those as well.

Traveling Home Or In-Country

What makes this category a surprise is the volatility of airline fares and fuel. The recent spike in oil prices has pushed gasoline (and jet fuel) higher;  yet, as recent history demonstrates, these prices can also drop just as rapidly. Trying to plan and budget for any traveling could be a more expensive proposition than you had previously thought.

expat expenses

There Is An Upside

There are also some pleasant surprising expat expenses that are less expensive that the counterparts stateside.

Fresh Fruits And Vegetables

With a large number of farmer’s markets, roadside stands selling fruits and vegetables, and a good variety in brick-and-mortar stores, the prices for fresh produce are much less that you might imagine. In addition, the selection is always changing as various crops go in and out of season. For those looking for a healthier lifestyle, having access to fresh products at good prices is a welcome benefit.

Domestic, Landscaping, and Gardening Help

Finding a housekeeper, a gardener or someone to take care of the landscaping on the property is usually an inexpensive proposition. These workers are more affordable and more flexible than their U.S. equivalents.

Finding The Balance

Ultimately, each expat has to weigh the pluses and minuses of the decision to move abroad. Are the higher costs of some items offset by having the opportunity to live in a tropical paradise?  For most, however, even being caught off guard by surprising expat expenses would not alter the decision to enjoy life in the Latin Tropics.

North Americans living abroad cite a number of reasons they love the expat lifestyle. There’s the ability to experience another culture, the daily exposure to incredibly beautiful natural surroundings, and the drastically lower cost of living, to name a few.

But there are also some other, more deep-seated benefits you never hear about. Because they can’t be measured or, in many cases, even articulated.

They make up the emotional well-being that’s characteristic of the most successful expats. And they’re perhaps the biggest perks of all to the expat life.

expat benefits

The Number One Goal of Most Expats

Though the list of expat benefits is long, most North Americans who live in foreign countries will tell you they moved to find a better quality of life. And whether you’re looking for a more ecologically diverse environment, a better place for raising children, or a richer cultural experience, there’s no more satisfying feeling than living in a place that closely aligns with your priorities.

When you’re able to choose your place of residence, not because it’s where you grew up or because it’s close to relatives, but because it supports the values you most want to uphold for your family…that’s incredibly liberating.

Is a laid-back lifestyle essential to allow you to live at your own pace? Are you looking for a place that allows you to live sustainably and minimize your ecological footprint? Or maybe all you want is a home with a view of the sea.    

Freedom Fuels an Incredible High

Taking control of where you live gives you the ultimate freedom. And that freedom is empowering. It sets the stage for an entire series of self-directed choices. Decisions about your livelihood, your pastimes, and your social network. 

When you’ve shaken off the restraining bonds of things like schedules and rules, a whole new world of possibility opens up for you. I’m talking about having the ability to work remotely or go into business for yourself, being able to homeschool your children, and freeing up some disposable income for things like travel and adventure.

Imagine closing up your kids’ biology book and taking them to explore a prehistoric rainforest instead. Or finding a secluded beach to enjoy an afternoon with your spouse, rather than vacationing at a crowded all-inclusive resort.  

When you – not society or the government or your boss – are in control of your life, the decisions are in your hands. You decide whether you want to squeeze in a little surfing before you start your work day or whether maybe you want to load up the family for a weekend getaway in the nearby mountains.

expat benefits

The Sense of Satisfaction Is Unrivaled

This might be a good time to point out that not all of the emotions associated with moving abroad are positive ones. There are a lot of drawbacks and, in fact, a lot of would-be expats don’t end up making it work.

There are instances of failed businesses, failed marriages, homesickness, and even substance abuse as expats try to navigate the system and culture in their new home. Surviving as a foreigner in a strange place requires determination, flexibility, and a whole lot of other attributes I don’t have room to discuss here.  

But staying positive, keeping the ball moving forward, and coming out victorious on the other side is incredibly rewarding. You just keep pushing through until one day you wake up, look at your partner, and say, “We made it.”

That’s not to say there won’t still be down times. There will. But there will be so many more highs than lows. You’ll feel a sense of accomplishment over everything from opening a bank account (no small feat in many countries) to learning the language, or finding your place in the local community.   

Become Who You’ve Always Wanted to Be

The experience of being displaced and having to transition into a new way of life has the double-edged effect of making you lose your identity, to a degree. While temporarily uncomfortable, this phenomenon can give you the opportunity that no other experience can.  

The ability to reinvent yourself and be the you you’ve always wanted to be, with no external motivators to impact your career path, your lifestyle choices, or how you spend your time.

It’s not about losing yourself or your past. It’s about finding your true joy and purpose without anything to cloud your vision.

expat benefits

The Best Emotion Is the One You Won’t Feel

The things people love the most about living overseas are as varied as the expats themselves. But there’s one characteristic that all successful expats have in common.  

They will never have to wonder what would have happened if they hadn’t been too afraid to take the plunge.

Never will they regret being talked out of moving by skeptical family and friends. Nor will they have to live with the realization that they let themselves be dissuaded by their own fear of failure or their lack of faith in their ability to adapt.

And there’s a lot of pride in that fact.

Rather than lying awake at night worrying about an uncertain future, only to dream about a better one they’ll never attain, expats can rest easy knowing they’ve achieved something so many others can only hope for.

A mind without regrets makes an awfully soft pillow. Find out for yourself. 

It’s a scary world we live in. The many recent acts of terrorism are proof enough of that. These days it seems many North Americans can’t even do simple things like attend a concert, go to work, or send their kids to school without worrying that the unthinkable might happen.

The U.S. is increasingly being targeted by extremist groups who place little value on human life, including their own. Many people wonder if their country is as safe as it once was or whether they should jump ship and find another, safer place to call home. And, if so, where would that be?

And what about the hassle of becoming an expat? Of moving to another country, learning a new language, and being far away from family and friends?

If you’re among those contemplating a move to someplace a little less attractive to terrorists, it might surprise you to know that there are some great options within a short distance from the U.S. And not only are these places safe, they also offer an incredible lifestyle at a much lower price point, with virtually no threat of terrorism whatsoever.  

escape terrorism

Central America Is Safer Than You Think

Each of the following three countries is located in Central America, and can be reached via a 3-hour flight from a number of U.S. cities like Atlanta, Houston, or Miami. They offer a lower cost of living (in some cases, much lower) than in North America. Yet, depending on where in the country you go, you’ll find services and amenities that rival a lot of major U.S. cities.

And here’s another important characteristic that each of these countries share. All three scored a zero on the Global Terrorism Index, a ranking of all the countries in the world based on the amount of terrorist activity they’ve experienced over a 10-year period.

For the sake of comparison, here’s how a few other countries fared. Iraq, Afghanistan, and Pakistan took the top three slots, with scores at or near 10 (at the time this article was published). Syria ranked 5th with an 8.12. The United States scored a 4.6, bringing it to the 34th slot.

By contrast, Costa Rica, Nicaragua, and Panama tied with a few other nations for 124th with a score of 0. Zero. Meaning NO terrorist activity whatsoever. I can’t think of many other ranking systems where I’d be so excited to come in dead last.

If that isn’t enough to convince you to make the move, here’s a little more info about each country and what makes it so incredible.

costa rica

Costa Rica: Unparalleled Beauty Plus Top-Notch Health Care

It wouldn’t be much of a stretch to say that there is nowhere in the world as incredible as Costa Rica. For starters, it’s breathtakingly beautiful. And it offers climates and settings to suit every preference. From the cool, lush, mountainsides with their sweeping vistas to the tropical white sand beaches lined with shady palms.

Once you look beyond the natural beauty of Costa Rica, you’ll also find that it’s just as rich in amenities that you don’t usually find in most tropical destinations. Services like banks, supermarkets, health clubs, museums, and five-star restaurants can be widely found. And the country’s free health care system ranks higher than that of the U.S.

nicaragua

Nicaragua: The Same Perks at a Bigger Bargain

If you’re looking for all the incredible scenery of Costa Rica, but at a slightly lower premium, then your journey ends in Nicaragua. With two long coastlines, two huge lakes, volcanoes, rain forests, and rivers, it offers all the same ecosystems and postcard-worthy views as its neighbor. But since it’s less discovered and less developed, it all comes at a slightly lower price point.

Less development does mean fewer amenities, but there are still plenty of places in Nicaragua where you can find most of the same business and consumer options you’re accustomed to in the U.S. And since prices are lower, you can even enjoy some luxuries you might not be able to afford elsewhere, like the services of a full-time domestic helper.

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Panama: First World Infrastructure and the Best Expat Benefits

Panama has benefitted greatly from its long history of U.S. military presence and its long-standing popularity as an expat haven. As a result, its infrastructure and amenities are way ahead of their time.

You’ll rarely have any difficulty finding a Wi-Fi hotspot or getting a good cell phone signal. Many of the same consumer options you buy in the U.S. can be found in Panama. There are tons of businesses and services that cater to expats, often run by expats themselves.

Panama also offers a wealth of visa options, as well as an attractive pensionado program that offers considerable discounts on things like hotels and transportation, for retirees of any age.

So, if you’re a would-be expat searching for a safer place to live that’s reasonably accessible from the U.S., don’t overlook the opportunities available in Central America. Take a trip down and check out what this amazing region has to offer. It could be the best three hours you’ve ever spent.

The country of Ecuador has many cultural and natural features that make it an attractive location for those seeking an alternative to more traditional tropic destinations. You may already know a few.

For example, this increasingly popular expat haven is known for its biodiversity, its affordability, and its rich culture. It also enjoys a sense of familiarity due to the established expat population.

However, as you continue to explore and get to know this unique expat hub, you may discover a few facts that will surprise you. Here are a few that make it stand out from the rest.

things about Ecuador

Rinaldo Wurglitsch

1. It’s the world’s most “far out” place.

Ecuador is actually closer to outer space than any other country on Earth. The reason? Mt. Chimborazo (Ecuador’s highest peak) is located on the equatorial bulge.

As a result, the summit of this mountain is the farthest point on the entire planet from the Earth’s core. Put another way, it is the point on Earth closest to space.

2. The Darwin Award goes to…

Ecuador is home to the Galapagos Islands, which were the location and inspiration of Charles Darwin’s research. Ecuador is viewed as one of 17 “megadiverse” countries on the planet and is widely considered as the most biodiverse country, per square kilometer, anywhere.

3. Even its name is special.

The name “Ecuador” itself is unique. While it is well known that the equator runs through the country, a lesser known fact is that Ecuador is the only country on Earth named after a geographical feature. The formal name of the country is República del Ecuador, the “country of the Equator.”

4. It offers a lot of bang for your literal buck.

Since 2000, Ecuador has used the U.S. dollar as its national currency. As a potential expat or investor, this means not having to deal with currency conversion rates and international fees, both in your daily life as well as in commercial transactions.

Being able to purchase real estate using U.S. dollars makes buying and investing both attractive and ultimately more affordable than in other locations. The fact that there are a growing number of properties on the market makes for a wide variety of options to choose from.

things about Ecuador

Helder Ribeiro

5. Yes, we have bananas…lots of them!

The singing of the old novelty song, “Yes, we have no bananas” (from 1922) would be woefully out of place in Ecuador. This country is actually the world’s largest exporter of the popular yellow fruit, shipping an average of 43 trillion of them annually. This translates to roughly 1/3 of all bananas exported worldwide.

6. You can be in both worlds at the same time.

One of Ecuador’s top tourist attractions is Ciudad Mitad del Mundo (literally “City of the Middle of the World”) where one can stand with one foot in the Northern Hemisphere and the other in the Southern Hemisphere.

Thanks to more modern technology, scientists have discovered that the true equatorial line is some 240 meters north of the popular monument and marker. However, the historic landmark is considered close enough for the many tourists who visit this location each year.

7. Nature has its own rights!

In 2008, Ecuador took an unprecedented step in declaring that nature had constitutional rights. Stating that it had the “right to exist, persist….and regenerate its vital cycles,” the Ecuadorian government declared that nature should not be treated as property.

This singular acknowledgement is, perhaps, one of the most forward-thinking statements about the environment you’ll find anywhere.

things about Ecuador

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8. We’re the ones who really started the trend.

The familiar white straw and black hatband of the “Panama hat” has become a ubiquitous fixture throughout the Latin Tropics. Yet the many visitors to the region who purchase one of these signature hats might be surprised to discover that they didn’t actually get their start in Panama.

Originally from the coast of Ecuador, near the town of Cuenca, these hats were made for the workers who constructed the Panama Canal. Later, this headgear became a symbol of largesse of wealthy tourists who could afford to sail through the Canal. Today they’re still a popular souvenir choice of visitors to the region.

9. Expats are more than welcome.

It may come as a surprise that Ecuador is gaining popularity among expats as a preferred tropical destination. According to the annual survey done by InterNations.org, Ecuador has ranked as the number 1 choice among expats for the last two years.

From personal finance, quality of life, cost of living, and a number of other reasons, Ecuador has been consistently given the highest rating, rising above even other longtime favorite destinations in the Latin Tropics.

Discover Other Special Things About Ecuador

Perhaps the best way to discover what is special about Ecuador is to visit and explore it firsthand. You may just find that Ecuador is the unique tropical destination you’ve been looking for.

Colombia has the potential to become one of the fastest growing expat destinations in the Latin Tropics, with the city of Medellín leading the way. In fact, this city, once synonymous with crime and the infamous Pablo Escobar, was named the 2013 Innovative City of the Year by the Wall Street Journal.

As interest in Colombia increases, expats are discovering that there is a growing community into which they can integrate, while investors are recognizing the potential of a strong return on their initial outlay of capital.

things about Colombia

Iván Erre Jota

From the modern metropolitan scene of Medellín to more rustic destinations in the interior, Colombia is looking forward to attracting a wider group of individuals seeking new vistas and adventures. Here are 8 unique features that help set it apart from the competition.

1. Two Oceans, No Waiting

Colombia is the only South American country that has coastlines on the both Pacific Ocean and the Caribbean Sea. Tourists and locals not only have a wide selection of beaches (over 300 in all!), but two distinct bodies of water to choose from.

2. Birds of a Feather…Lots of Them

Colombia is home to a number of bird species (roughly 1,879). This fact is what makes Colombia the country with the greatest diversity of birds in the entire world, a real feather in its naturalist cap.

3. Coffee Is Not the Only Jewel in Colombia

Colombia has long been known for the quality of its coffee. Colombian Arabica beans are prized by coffee aficionados for their rich, yet mild flavor. Colombian coffee remains as the only single origin product to compete with the multitude of blended coffees found in most stores.

Yet the coffee bean is not the only gem that can be found here. It may come as a surprise to learn that Colombia is also rich in emeralds and, in fact, is the world’s leading source of this rare gemstone.

things about Colombia

Paul Bischoff

4. A River Runs through It

Perhaps one of Colombia’s most unique features is Caño Cristales, often referred to as “The Liquid Rainbow.”  Located in the Serranía de la Macarena mountain range, near the center of the country, this body of water has gained popularity among tourists as the most beautiful river in the world.

Known locally as the River of Five Colors, Caño Cristales enthralls visitors with vibrant shades of yellow, black, blue, green and red.  The crimson hue is actually the result of a plant, Macarenia clavigera, that grows in the river bed. This spectacle is best viewed from late July through December.

5. What’s in a Name?

The various names that the country has been known by are signposts that detail the country’s history.  When first settled in 1499 it, along with Panama, Ecuador, Venezuela, and part of Brazil made up the Viceroyalty of New Granada. Once Ecuador and Venezuela gained independence, this territory was renamed The Republic of New Granada.

The name changed again to the Granadine Confederation in 1858 and then to the United States of Colombia in 1863. Its present-day name, the Republic of Colombia, was adopted in 1886, making it the only country today named after the man whose explorations led to the discovery of the “New World”: Christopher Columbus.

6. An Architectural Epicenter

Once known only for its reputation of violence and crime, Medellín has transformed itself into a center of modern design. In 2013, Medellín won the prestigious Veronica Rudge Green Prize for Urban Design, acknowledging the unique blend of modernistic patterns interspersed with historic colonial structures.

things about Colombia

Alan Turkus

7. Home to Cultural Icons of Music and Art

Colombians are well represented in both music and the arts. International stars such as Shakira, Sofía Vergara, Danna Garcia, and Juanes all call Colombia home.

Literary titan and Nobel laureate, Gabriel García Márquez, and world renowned sculptor, Fernando Botero, have added to Colombia’s luster as a center for the creative arts in the Latin Tropics and across the globe.

8. And One Really Notorious Figure

One of the most polarizing and notorious figures in Colombian history is the drug lord, Pablo Escobar. Once listed by Forbes magazine, in 1989, as one of 227 billionaires in the world, Escobar’s rise and fall have become the stuff of legend.

Even today, the fascination with Escobar (similar to that of Al Capone) can be seen in the number of “Pablo Escobar tours” in and around Medellín. Importantly, these tours show the dramatic metamorphosis of Medellín from a hotbed of crime and violence to a growing and thriving modern metropolis.

Discover More Special Things About Colombia Firsthand

With all of the history, culture, and natural beauty that abound in this increasingly popular destination, there are many more special and unique discoveries to be made. Colombia holds a great potential for retirees and investors to grow, prosper, and profit. Could you be one of them?

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