Life As Good As It Gets… You Owe It To Yourself To See This #1 Haven For Living, Retiring, And Investing Kathleen Peddicord Publisher Dear Live and Invest Overseas Reader, Specifically, Medellín offers:
I've Never Seen A Place That Holds Such Exciting Opportunity For Retirees, Entrepreneurs, And Property Investors
But a wealth of opportunity is exactly what I found when I finally took the advice of persistent friends who'd been nagging me for years to come see this place for myself. I've bought my own home here… And I'm actively searching for my next investment buy… What's more, my family and I have even re-thought our overall long-term retirement plan to include this beautiful, delightful city… that's how impressed we are with what we found in Medellín. And, again, I’m happy to say that it's not just me. Retirees are starting to move here in unprecedented numbers… they're buying property... they're managing rentals… they’re reinventing their lives in this charming, welcoming, Euro-chic city. In my considerable experience, this is one of the best places on earth today to establish your foothold overseas. Here's How I Can Make Such A
Bold Claim With Confidence Finding these opportunities is my life's work… and I've seen the evolution of destinations like this before. The Current Exchange Rate Is Handing In July 2014, the Colombian peso was trading at 1,850 per U.S. dollar. Today as I write this letter, it’s trading at 2,825 per dollar. That means you have 52% more buying power today than you had back then. In other words, a condo selling for US$150,000 three years ago is now selling for just US$98,000. That’s a discount of US$52,000. Timing Is Everything…
And, Here, The Time Is Now During one of my first visits to Medellín, I sat at a table in a newly opened restaurant. I was with a group of investors and businesspeople who, like me, had come to explore current opportunities in this fascinating city. The conversation went like this… The end of a misperception creates an enormous opportunity for you... "Property values in this city are so under-valued," one of the gentlemen having dinner with us remarked (a real estate professional). "I believe that apartment costs here are the lowest for any cosmopolitan city in the world on a per-square-meter basis. "This is because Colombia, especially Medellín, is still misunderstood. “When you say 'Medellín' to the average American, he thinks: Drugs... gangs... Pablo Escobar... "It's such a misperception. The current reality of this city is so far removed from all that... "But luckily for us, that outdated stereotype is keeping the prices down." It was like déjà vu… I'd heard the same case, made by another group of investors, around a similar table, in Boquete, back in 1999... 10 years before it was ranked as one of the world's top five retirement destinations by AARP. So I know how this scene plays out. Here's Who Should Be Focused
On Colombia This Year There are four types of people who should pay serious attention to Colombia this year: The investor: Prices are an absolute, global bargain. Costs of getting in are low, and demand is growing at an accelerating rate. Right now in Medellín, you could buy almost anything and feel confident that you could make money from the purchase. Rental yields are running from 8% to 10% on good properties. The retiree: The City of Eternal Spring is rapidly becoming a popular destination for the North American retiree. Medellín enjoys one of the world's best climates, offers an amazing selection of restaurants and cafés, and boasts an exciting cultural scene, with theater, orchestra, and events all year… all at a reasonable cost of living. The second homebuyer: More and more, I'm seeing people who are spending their summers in the United States or Europe, but skipping out on the ice and snow by coming to a city where they can leave their windows open day and night, all year. They're bypassing the well-worn snowbird haunts like Arizona and Florida, for the romance, excitement, and affordable high-end lifestyle in Medellín. The entrepreneur: The expat wave in Medellín started with retirees and investors. But over the past years, scores of entrepreneurs have come on the scene. Many have opened brick-and-mortar businesses… but just as many have brought portable careers—writers, web designers, internet-based businesses, etc.—to take advantage of Medellín’s low property cost, low cost of living, and amazing weather. We don't always have the vision to jump when opportunity presents itself. Imagine if you had bought in Costa Rica in the mid-1980s… in Ireland in the mid-1990s… on Ambergris Caye, Belize, later in that decade… or in Panama City 10 years ago… But I recognized the opportunities in all these places at precisely those points in time. And I urged readers and friends to take advantage. I see that same potential again right now, in Medellín. But In Today's Colombia,
Medellín Is Just The Tip Of The Iceberg The opportunities in Colombia are not limited to Medellín… Cartagena remains one of the Caribbean's
sexiest, sultriest escapes… Admittedly, the values in Medellín jump off the page when looking at Colombia… but Medellín is just one destination of several that are attracting the North Americans in large numbers these days. For example the Caribbean coast on Colombia's north shore has been drawing expats for years, especially to the historic, walled city of Cartagena. Most people know Cartagena as Colombia's #1 tourist destination, but it was actually Colombia's first major expat haven, too… and it's still growing in popularity today.
From coastline to Euro-chic cities, Colombia offers a tremendous diversity of appealing retirement
lifestyle options… And among savvy expats, just 140 miles along the Caribbean coast, you'll find Santa Marta, Colombia's oldest city. It offers an amazing array of lifestyles and beaches, from the newly restored historic center and waterfront… to the dancing beat of El Rodadero… to the world-class SCUBA diving at Taganga… to the tranquility of the beaches and condos at Bello Horizonte. For the Colonial buff who likes cool mountain weather, Colombia is proud of Popayán, a beautifully maintained colonial gem that offers a small-town environment… but also offers a climate similar to the world-famous weather in Medellín. So whether you're looking for the best of city life… an affordable hideaway on the Caribbean… or small city living in the colonial highlands, Colombia will have a world-class destination for you.
These Exciting Destinations Are Part Of A Stable Nation On The Economic Upswing
The Spanish colonists did some of their best work in Colombia…
and today's retirees can benefit in a big way from the charming colonial cities they left behind… Colombia is a solid, stable democracy… one that's on the move. The country is on a strong, economic footing these days, showing impressive growth… boasting a powerful industrial base… and enjoying an energy surplus, thanks to its abundant natural resources. Back in 2012, Standard and Poor's, Moody's, and Fitch all upgraded Colombia to “investment grade” status… most recently citing “prudent economic policies and increased resiliency to internal and external shocks.” These ratings opened the door to an even greater flood of institutional foreign investment. The old Colombia stereotypes have fallen… and it's rapidly becoming the hot destination that I predicted in 2008. So today's values won't last long… they'll soon be tomorrow's retail buys. And what took Colombia from “timely” to “urgent” is the exchange rate. Today’s extremely favorable exchange rates can change quickly. And when they do, the window will have closed on the best buying opportunity we’ve seen. I bought here myself. I'll be spending part of my retirement here… and I'm investing here. So I'm behind Colombia 100%. Live And Invest In Colombia
June 6-8, 2018 Medellín, Colombia Discover The Emerging Champion For Retiring, Living, Investing, Or Owning A Second Home... And, most importantly, you’ll have the chance to see Medellín’s best and most productive properties on the ground… in time to act while exchange rates are still so dramatically in your favor. You're In Latin America…
But It Feels Like Paris Medellín is clean… safe… classy… and elegant. The first thing you notice is that it feels very different from the typical Latin American city. It's much more Euro in flavor, like Buenos Aires… but far safer and cleaner. Medellín is the perfect place to spend your days and evenings enjoying the glorious year-round weather at the city's cafés, gardens, museums, and art galleries. See this City of Flowers once, and you will understand why tourists and investors both are increasingly infatuated with this place. This is a pretty, pleasant city of gardens and parks everywhere. It's clean, and it's green. Structures are red brick, with red-clay tiled roofs. You see almost no steel and glass towers.
The mood is calm, easy-going, and relaxing. And people are friendly, polite, and pleasant… even the taxi drivers. It's easy to make friends, and you'll find most everyone willing to help out a newcomer. If you want to escape the usual grit and grind of a typical big city—while still enjoying all the advantages and benefits of city life—then this is the place. The Rich Local Culture Will Deepen Your Experience In Colombia The people of Medellín are rightly proud, for theirs is a city of delights. There's no shortage of things to do in this town; both outdoorsy and more cerebral. Medellín is a city made to be
enjoyed outdoors… On any given day, you could go hiking or bike riding. You could visit a museum or one of the seven shopping malls. You could see a tango show or an opera. Come evening, dance the night away… sample the local rum in one of the nightclubs… or enjoy a fine meal and white-glove service at one of the many elegant restaurants. Medellín is an economic and financial center for this country, but it's also a literary and an artistic one. Newspapers, radio networks, publishing houses, an annual poetry festival, an international jazz festival, an international tango festival, and an annual book fair, all have chosen Medellín as their base. It's a major educational center with over 32 colleges and universities… plus an aquarium, a planetarium, botanical gardens, and sculpture gardens. Each summer sees the five-day Festival of Flowers with its procession of horse riding, music, and of course, beautiful flowers. The Flower Festival is the highlight of the year, along with the Lighting of the Lights at Christmastime. Both draw people from around the world. Medellín is sophisticated and cultured in a way that is uncommon anywhere in the world, but especially in Latin America. Meet The “World's Most Innovative City” A place of the future...
Four years ago, Medellín won the Urban Land Institute's City of the Year award, beating out New York and Tel Aviv as the world's most innovative city. “Few cities have transformed the way that Medellín has in the past 20 years,” they said in a recent statement. In winning the competition—sponsored by the Wall Street Journal and Citibank—Medellín was selected from a pack of more than 200 cities around the world. And according to the BBC: “The Urban Land Institute said Medellín had seen one of the most remarkable urban turnarounds in modern history. "[The ULI] praised its civic spaces, libraries, and art galleries, as well as its infrastructure which includes a giant escalator and a cable car allowing the residents of the poor neighborhoods on Medellín's steep hillside to easily commute to the city centre, in the valley.” And You'll Give Up Nothing One concern you might have if you're considering a move to Latin America is that you'll have to give up Western-standard luxuries. This couldn't be further from the reality in Medellín, where you can actually enjoy a higher quality of life. You Won't Beat This Glorious Weather
While Colombia itself has a huge variety of climates—from the heat of the Caribbean to the cold peaks of the Andes—the weather in Medellín is just about perfect. A clean, green, pleasant place to be...
The average high temperature in Medellín is a comfortable 79° (27°C)… and the average only varies 1° throughout the entire year. The average low is in the low 60s (about 17°C) so it's great for sleeping. The bottom line is that you're always comfortable at home, and you won't need heat or air conditioning. Medellín's prime residential area—El Poblado—is lush with green, tropical plants and tall trees, thanks to the almost-nightly rains. This abundance of natural water feeds the many rushing streams that tumble down the mountainside through the neighborhood. And the most unusual aspect of the city is that there are virtually no bugs. Here's a story from my friend Lee Harrison, Latin America correspondent and a fellow resident of Medellín: “On my first day in town, I checked in at the Best Western… into a room without air conditioning. A local real estate agent had told me that you didn't need to keep the windows closed, because there are no bugs. “But being skeptical of information I get from realtors, I didn't believe this ‘no bugs' story… and suffered through two stuffy nights with my windows closed. “But he was right. “Today, when I arrive in my apartment in Medellín, I throw open the windows, and leave them open—day and night—for my entire stay. No heat… no A/C… and no bugs.” Here's Why The "Perfect Time"
Has Arrived In Colombia This is why I am so convinced that now is the right time for Colombia… and specifically, Medellín. Just look at these factors, which we'll showcase at our Live and Invest in Colombia Conference, scheduled for June 6-8, 2018:
These are just a few of the reasons why I've invested myself already. And why I'm looking today for even more property to buy. Discover One Of The Most Undervalued Real Estate Markets In The World Today
Here are three things that should grab your attention. Low real estate prices, in absolute terms. Medellín offers a safe, elegant, first-world lifestyle that beats the competition. Yet real estate prices in its most exclusive neighborhood are lower than in Panama City… Montevideo, Uruguay… or Fortaleza, Brazil… Potential for appreciation. Costs of real estate have been rising between 5% and 8% per year, over the past three years. This is a steady, healthy gain… but not a bubble. Double-digit yields from income-producing properties. Short-term furnished rentals can earn 10% in good neighborhoods, while longer-term furnished rentals can reach 8%. These rates are almost unheard-of… in any market. These are almost-perfect conditions for real estate investing. Of course, when thinking about retirement or relocation, cost is crucial, both cost of living and cost of real estate. Living anywhere, the biggest part of your budget will be given over to housing—either the purchase of a home, or to rent. This is another way Medellín shines. Property buys that qualify as
absolute global bargains... You can buy in El Poblado, the top end of the market and the best location in the city, for as little as US$1,000 square meter (US$93 per square foot). At that price, you're buying a resale in good condition or something fairly new. A solid, 20-year-old apartment in the best neighborhood, needing no work, will go for around US$950 per square meter, or US$88 per square foot. If you're up for a renovation project, you can get in for as little as US$700 a square meter, or US$65 per square foot (I speak from recent personal experience). Or you could rent a nice, modest apartment in a good neighborhood for US$450 a month… or less. Let's hear from the experts who have already invested here. Listen to what international property investor Lief Simon has to say: “The Medellín real estate market didn't take a big hit during the recent recession. Unlike so many real estate markets around the world, the property market here was never frothy, and was never over-leveraged. “Real estate prices in Medellín are downright cheap. Not just relatively, but absolutely. “And rental returns are strong, again, not relatively, but absolutely. “Rental investments in this city are regularly throwing off double-digit net yields. “Short-term yields are particularly high, in part thanks to a faster rate of growth in the tourism market. Demand has expanded, and values have held steady. Some properties have been achieving annual yields of as much as 14% net. “The combination of low cost of acquisition and expanding rental activity makes for one of the most appealing yield-producing markets in the world right now.” Our Latin America Correspondent Lee Harrison has also chosen Colombia as his current overseas retirement and investment destination. Here's what he has to say about why he is so focused on Colombia right now: “Some would say that I've over-invested in Colombia, for a small-time investor. But I was completely sold by the quality of life I could enjoy in Medellín for such low prices… not to mention the solid, first-world construction quality. “I bought a primary home here, expecting to rent it out when I'm not in residence. And then I bought a rental property—also large and well-located—with my self-directed 401k plan. “I was told that returns would be good… but I didn't expect them to be quite this good. Both properties rented almost 100% last year. In fact, the only time they've been vacant—so far—is the time necessary to transition from one tenant to the next. “And aside from the good rental returns, both properties have increased in value by between 8% and 10%, between 2011 and 2014, per an independent appraisal. “The truth is that I'd buy in Medellín even if my property didn't rent—or wasn't going up in value—because the quality of life and the weather are worth it. But these returns have provided a welcome, extra bonus.” In Addition, The World's High-Powered
Real Estate Investors Are Now In Colombia Legendary real estate investor Sam Zell has made billions with his savvy. He's smart. He's tough. And he's famous for his great timing. Zell sold his Equity Office Properties Trust in 2007 for US$39 billion, right as the real estate market in the U.S. was peaking. The world's smartest money is focused
on this country right now... Where is his timing telling him to invest now? Colombia. “Colombia is the next star of Latin America,” Zell says. His company has already invested US$75 million in a mixed-use development. And where Sam Zell leads, others follow… Also, the world's richest man, Carlos Slim, recently decided to “increase his investments in Colombia because of the country's liberal oil exploration policies, along with its mineral assets and expanding middle class.” Prices are low, the supply of premium rentals is low, and demand is increasing. That's a combination you can't beat. Discover Colombia's Affordable,
World-Class Health Care Colombia's excellent medical system is also one of the best in Latin America and highly respected internationally. The cost of procedures can be 30% to 90% lower than for comparable procedures in the United States. Because of this, Medellín has become a center for medical tourism. Cosmetic treatments, dentistry, and eye surgery are the most popular services. Medellín offers eight of the best hospitals in all Latin America. You will find that their standards often exceed those in the United States. This Spectacular Country Has Passed
A Turning Point In Its History Colombia is a beautiful country with a colorful history and a rich and diverse culture. The variety of its geography has resulted in a rapidly growing tourist industry. From the northern Caribbean coast and its resorts to the Andes Mountains and the Tatacoa desert, there is so much to see and experience here. Colombia is a healthy place to live…
and, when you need it, it boasts some of the world's best health care, too... In recent years, Colombia has enjoyed some of the highest rates of growth of any Latin American country. And through the end of last year, it continued to out-perform the old, traditional powerhouses like Brazil, the United States, or the Euro-zone. There is no doubt that Colombia has turned the corner, now headed on an exciting upward swing.
Sound Like A Bed Of Roses?
Remember, There Are Always Two Sides There are strong reasons why everyone (including my husband Lief and I) are paying serious attention to Colombia right now, specifically to Medellín. We're intrigued, even infatuated by what we see in this city. But we're not fools. We know the good, the bad, and the ugly of day-to-day life and of trying to do business in a new city. For example, English is not spoken by most of the locals. Though you can find it spoken at the larger hotels, restaurants and businesses, this is not the rule everywhere. But we can introduce you to the best places we know to study Spanish, to smooth out this rough spot.
Another downside right now is that things like opening a bank account and moving money are not straightforward. It's possible to do these easily—once you know how—but you'll need help learning the ropes… before the fact. In all my decades of experience, I've never
before seen an opportunity like this one, because it's an opportunity for retirees, investors, and second homebuyers... You'll need connections… and introductions. And at the Live and Invest in Colombia Conference, you'll meet the people who can make it happen for you. This is an emerging retirement haven… not, at this point, an always very user-friendly one for the English-speaker. But like anywhere in the world—knowing what you're getting into in advance will allow you to make well-informed decisions and smart choices… that will protect you from any potential downsides. That's the driving agenda of our Live and Invest in Colombia Conference: To prepare you… To help you understand your options. This is why we take a “tell-it-all” approach in everything that we do. Certainly, you will make your own choices about where you spend your time and your money. Our objective is to make it possible for you to make those choices as wisely as possible. An important part of our agenda at our Live and Invest in Colombia Conference, therefore, is to show you the downsides… and then show you how to navigate and overcome them. And to this end, you'll hear from a number of expats who have already chosen to re-launch their lives in this special country. They'll show you first-hand, how they overcame the obstacles to make things happen. Information, contacts, connections, and real-world insights. That's what we promise… and that's what we deliver. It's Not Too Early… And Not Too Late…
But Just The Right Time To Stake Your Claim Here Affordable, high-end Caribbean living...
I can't stress strongly enough how great the window of opportunity is right now in Medellín. Remember, I've seen this many, many times before, over the 30 years I've been covering this beat. I recognize the potential that Medellín is offering, for both the investor and the retiree. And today’s exchange rates make this a particularly important time to pay attention. I know from experience that this window can't stay open indefinitely. Already, change is coming to this market. Change and recognition. The New York Times placed Medellín high on their list of Places to go in 2018. So the mainstream is on the way. On one hand, this is a very good thing. As Medellín and Colombia become more recognized for the investment and retirement havens that they are, it will become ever easier to invest and retire here… more user-friendly. On the other hand, as more and more investors and retirees discover what Medellín and Colombia have to offer… the more costly it will become to get in on the action and to enjoy this enviable lifestyle. So the time to act is now… while Medellín and Colombia still qualify as emerging retirement and investment havens and prices are correspondingly, absolutely low. However, getting in now, ahead of the pack, means that the right advice and support are even more critical than it typically is. You have to act ahead of the crowd to gain the big advantages. But jumping in without the right knowledge can be a costly mistake. You could waste months, even years trying to figure out on your own how best to invest and get things done in Colombia. Not to mention the thousands of dollars you could lose by taking some all-too-common missteps.
Please, save yourself the heartache and the hassles. Join me and my team for our Live and Invest in Colombia Conference and get all the inside information and all the on-the-ground support you need. Learn the important details you need to be able to make your plans and invest wisely. Meet the people who can make all the difference for you... The people you'll hear from at the Live and Invest in Colombia Conference can make the difference between positioning yourself for big upside and establishing yourself for a delightful adventure… or missing out; or worse, losing your shirt. At This Live And Invest In Colombia Event, We'll Bring The Country's Experts To You You'll hear from our Colombian experts on a number of various Colombian destinations... not just Medellín. They’ve purchased and furnished homes in Colombia, obtained residency, opened bank and brokerage accounts, and everything else you need to establish a new life here... These are some of the greatest sources of information for the potential Colombian expat… especially the do-it-yourself variety. Here’s what one of our Colombian expat correspondents had to say about choosing Medellín for retiring and investing: “When I retired at 49, my first retirement destination was Ecuador. At that time, a super-low cost of living was paramount. Also, I wanted the adventure of living in a Third World country… as unlike the United States as it could be. “But today, I'm no longer looking for a Third World adventure. “Medellín is a way to treat ourselves. It's a reward for those years of hard work… yet it's one that still comes with a low price tag.”
Our Staff Of Experts And Local Expats Will Show You
Colombia's Amazing Lifestyle
Of Course, Our Business Experts Will Be On Hand, Too…
And We've Also Got The Practical Matters Covered...
And In The World Of Real Estate...
Most importantly, you'll be able to connect directly with the expats who are already living here… so you can hear the ups and downs firsthand.
Here's the bottom line: you'll come away from the Live and Invest in Colombia Conference knowing if Colombia is right for you… if you'd be happy living or investing here. And if it's right for you, you'll have all of the information and local contacts necessary to make it happen. We'll Cover A Lot Of Ground…
But We Promise You Plenty Of Fun, Too Stroll downtown in the world's best weather...
When you attend our Live and Invest in Colombia Conference, you'll have full access to two-and–a-half days of interactive presentations and workshops, jam-packed with solid content. This will be a high-energy, full-throttle event. But we'll do everything we can to make sure it's also a whole lot of fun. We're building in cocktail receptions, sponsored lunches, open-air parties, and other special events to give you as much opportunity as possible to mingle and mix with your fellow attendees… as well as your Live and Invest Overseas panel of experts.
We've even known some conference introductions that have led to much more than friendship. My husband Lief and I met, almost two decades ago, at a similar conference in Ireland. Also, please, understand this: This conference is not going to be some mammoth, over-hyped event with hundreds of people in a cavernous ballroom. That's not our style. At this focused event, you'll be part of a select group, in an intimate setting, with full one-on-one access to all of our experts. This means you'll get the personal attention you deserve. And that makes all the difference. This Unique, Value-Packed Event Is Only
Available For A Short Time At These Prices
The 2018 Live and Invest in Colombia Conference is an exclusive opportunity to get to know Colombia in a way that's simply not possible by any other means. We'll have experts on hand from around the country, to help you with every possible endeavor. Discover laid-back, Caribbean living...
The conference is action-oriented. Based on past experience, some attendees will begin the visa process during the event… or open financial accounts… or even buy a home. And best of all—whether your interest lies in the mountains, the colonial cities, or at the ocean—we'll have experienced expats on hand to show you what life is really like in Colombia. The special price for this year's only Live and Invest in Colombia event is just US$1,095 per person, and only US$1,595 for two. (Yes, if you come with a spouse, friend, or associate, the second person attends for less than half-price.) Sign up now and chances are, you'll be eligible for an even-better price.
Here's what's included with the price of admission:
The best of colonial, small-town living, too!
Reserve your seat today by contacting our conference coordinators by email, or by calling them at 1-888-627-8834. They'll have you booked and ready to go in minutes. If you'd prefer, you can use our convenient Online Registration Form.
Discover This Timely Chance Let's face it... Things are not going well for the middle-class in America these days. But that does not have to be your reality. What I'm offering you here is a chance to take control of your own destiny and to create your own new and dramatically improved future. At our event in June, we'll provide you with all the information you need to make smart decisions… decisions with upside… the right decisions for you. The high-quality information and contacts we'll introduce to you will give you complete confidence as you explore all your options. We'll guide you through the details and secrets to making a successful plan, and we'll give you all the tools and resources you'll need. Medellín, Colombia, is rapidly becoming the world's next great lifestyle and retirement haven. And as you've seen, I'm not alone in these positions and predictions.
The Discount Period Is Ending Soon… Think about it. If you had to gather this information on your own, you'd spend thousands of dollars, and months of your time to do it.
And believe me, after knocking on doors, searching the internet, sitting in lawyers' offices and hanging out with real estate agents, it would still be virtually impossible to assemble the body of knowledge that we've pulled together for this conference. Frankly, the Live and Invest in Colombia Conference is indispensable for anyone who's considering living or investing in Colombia… well worth every penny you'll pay to attend. Please sign up today, using our convenient online registration form, or contact our conference coordinators. Or if you prefer, call us at 1 (888) 627-8834, and you'll be on your way to Colombia. We'll look forward to seeing you in the City of Flowers.Sincerely, PS: Remember, the current prices are good for a limited time only, and you may even be eligible for a better discount.The opportunities in Colombia will not wait. Follow the link to secure your seat now! “Thanks for introducing us to Medellín. We will be back!!” |
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