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Originally Posted by Webby
You just hit that nail on the head KK - tho there may be pro's and con's to both markets - overall there is much more latitude outside the "conventional marketplace" and far more prospect of a better return on investment.
All countries you mentioned have good elements for prospective investment (not sure about St. Kitt's tho - kinda limited), - but add Panama to your list  |
St Kitts is a bit more developed than the rest, so the prices are higher. However, with investment in StK, you also have the opportunity to carry a second passport as a citizen (something that isn't offered in that many others) and some of the new development commercially there (race track and cricket) make for very attractive possibilities. StK also has a very liberal ownership policy for foreigners, as opposed to some of the other countries on the list.
As more and more Americans become disenchanted with the current (and future) political shenanigans in the US, I think you will see alot more expatriation by wealthy US citizens. Couple that with the rest of the world who already have no qualms about moving to newly developed areas and the potential for massive ROI is stable for years to come. Choosing a country to invest in should also involve a LOT of research into the political stability of that country. CAFTA, the treaty that's going to put a lot of Americans on the run -- think sportsbook owners etc due to the fact that extradition will start to happen -- may also leave alot of opportunities to buy property at great values and have stable poli situations. US dollars into these CAFTA countries, for those that don't already have good infrastructure will also help. Nicaragua for instance, has a telecom setup in parts of the country that rival anything else in CA, and in parts of NA. US dollars funded alot of development when there was a military presence in the area, and these systems are still in place and maintained.
There are a lot of places online to do research, just be wary of the dozens of realtors and agents that are in the property business. Titles and ownership in most countries are strictly regulated and doing business with a reputable agent is key.