Oct. 19, 2009
Buenos Aires, Argentina
PLUS:
- More On The Benefits Of Banking In Belize...
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First Anniversary Celebration
Means Our Best Sale Ever
Since its launch one year ago this week, the
Overseas Retirement Letter has helped thousands of readers begin to make the leap and launch their adventures abroad.
To celebrate, and through the end of this month (Oct. 31) only, you can:
- Get your hands on the most complete, comprehensive, and useful Country Retirement Reports available anywhere. Each one details everything you need to know to consider and plan for retirement in the featured destination. We have Country Retirement Reports available on the world's top 12 overseas retirement havens today...and right now you can get your hands on them at a cost of nearly two for one!...
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Dear Live and Invest Overseas Reader,
"Everything you own will go down in value. Everything you need to buy will go up in price.
"If you adjust yourself to this paradigm," explained friend from Argentina Steve Rosburg in his address to the group assembled for our Global Real Estate Profits Summit in Panama City last week, "you'll be positioned to invest successfully right now.
"Bottom line, in the current climate," Steve continued, "you want to be shopping for real, producing assets, and, if possible, you want to own them without leverage.
"You want to be investing in real assets, because that's where consumers are putting their money now. A fundamental shift has taken place in the marketplace. I think of it as a shift to value consumption. People want to pay less while believing they're getting more.
"This is why the price of Argentine wine is appreciating. This is why the occupancy at boutique hotels in Buenos Aires is increasing while that at commodity hotels in the city is lagging.
"And this is why you should be investing in these kinds of products right now, products that consumers perceive to have real value."
Steve has learned the value of asset investing through long experience. He's managed emerging market investments through financial crises, country defaults, and runaway inflation. Today, his investment efforts in Argentina and Uruguay are focused on long-term capital growth through forestry; vineyard development, and other productive real estate.
"Even in recession," Steve explains, "the trees keep growing...and the vineyards, too.
"And even in the face of high inflation, timberland and vineyards maintain their value. They can even generate cash flows that can increase in an inflationary
environment.
"The timber, vineyard, and hotel investments that I'm focused on are sustainable real assets that generate ongoing revenue in environmentally responsible ways.
"They're also a lot of fun. I want to enjoy my investments. With things like a vineyard and a boutique hotel, that's not a problem."
Steve went on to tell attendees in the room at the Veneto Hotel last week about vineyard, winery, and residential community investment opportunities in the "new Napa," the Mendoza wine-producing region of Argentina. The property offers unique potential for vineyard production, tourism, and recreation, because of its exceptional soil, extraordinary views, and proximity to the city of Mendoza.
Tourists are drawn to this region for its world-class wineries, art galleries, restaurants, golf, polo, luxury hotels, and, of course, its great natural beauty. Well-known vintners have already invested in this valley, including Rothschild, Dassault, Léoville-Poyferré, Lurton, Moët & Chandon, Michel Rolland, Codorniu, O. Fournier, and Salentein.
"Is this the time to buy in?" one attendee wanted to know. "Or do you think Argentina's due for another correction like the one we saw at the start of the decade?"
"2001 was blood in the streets," replied Steve. "I don't think Argentina will ever see that level of crisis opportunity again. Argentines have learned. There are few dollar deposits in Argentine banks now. So, even if there is a crisis, the banks will be able to give people their pesos back. If there is another financial debacle, real estate prices won't fall like they did eight years ago."
That is to say, Steve doesn't see another crisis on the horizon, and he believes this current down market is a window for action.
Steve shared details of three current value investing opportunities in Argentina with attendees at the conference last week, and we got them all on tape. Our editors are working feverishly as I write to edit these recordings and to prepare the necessary supporting documents so we can make the full program available to you later in the week.
Kathleen Peddicord
P.S. "Investors in my boutique hotel project in Buenos Aires last year received a 17% return for 2008," Steve explained to the group in Panama City last week. "After we made the payout, one investor wrote to say, 'I thought this was my riskiest investment, but it's the only one that has delivered this year!'"
You can find out more about Steve's current boutique hotel offering in Buenos Aires
here.
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The Perks, Privileges, And Peace Of Mind Of Retirement Overseas
The trouble with some Paradises is that they make it difficult for foreign residents to enjoy what they have to offer...
And yet others roll out the welcome mat, offering benefits, discounts, and other perks for foreign residents. Some countries are even competing to get your attention, offering tremendous advantages and benefits for you...
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This is the Next Step Guide you need to make your dreams of a new life overseas come true.
More Details Here
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"We are interested in your
Live & Invest in Argentina & Uruguay program. Where will this be held?"
-- Ruth and Matt C., United States
The plan is to base the event in Buenos Aires, then to add follow-on programs to Mendoza and Montevideo, Uruguay. You can register your interest (and get your name on the list for special pre-registration discounts)
here.
"What is the name of the
Belize bank
Peter Zipper was talking about last week? Does Live & Invest Overseas have a recommendation for someone in Belize for setting up a company and a trust?"
-- Loren A., United States
In his remarks last week related to banking secrecy and liquidity, Peter was speaking of Caye Bank in Belize, which you can contact
here.
For a company or a trust in Belize, we recommend you contact Georgetown Trust,
here.
"Any news on Report #2, '
Health and Medical Care in the World's Top 18 Overseas Retirement Havens,' promised with the 'Top Health Insurance Options For The Retiree Abroad' I purchased last month?
"Can you give me an estimated release date?"
-- P.S., United States
The second report for this package has just gone to the virtual press. Turned out, tracking down details of the health insurance options in the world's top 18 overseas havens was no easy thing, even given our in-country contacts and correspondents. This comprehensive companion report will be fulfilled to all buyers by the end of the week. We apologize for the delay.
