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If you’re looking to add an Eastern European layer to a property portfolio, there are plenty of reasons why Bucharest deserves your attention.
MasterCard, Visa, and most banks that issue credit cards hit you for 3% or so on anything you charge overseas because...well, just because.
“It’s no secret that the combined state, federal, and foreign tax laws and rules affecting overseas Americans are the most complicated in the world.”
Some IL colleagues say Europe is too expensive. That Americans aren’t interested. That our readers’ insatiable desire is for cheap beachfront.
The Creuse, in the unspoiled region of the Limousin in central France, is still something of a secret, even among the French who live farther away—it’s the one department that they find hard to identify on a map. French people in the know come here to escape the crowds and enjoy a purely rural existence. Maybe this is why property prices have stayed so low.
“Organic is a niche, but a very profitable niche.” So went a 2005 article in Prepared Foods magazine. “Give consumers what they truly want...and they will dig deeply into their pockets.” And digging deep they are. No longer limited to hippies and tree-huggers, research by the Hartman Group Inc. finds that—despite the increased cost to the end consumer—70% of Americans buy organic food and drink at least occasionally, with 27% purchasing on a daily or weekly basis.
By the time you read this the U.S. Congress may have imposed an official “exit tax” on U.S. citizens and long-time resident aliens who decide they want to permanently leave America.
After my first property auction, I was hooked. Seeing an apartment sold for about half its market value certainly got my attention. But the best was yet to come.
A spacious 800-square-foot apartment in one of Andalusia’s most elegant cities could be yours for $112,000. Feverish ramblings? Not if you’re looking in Jerez de la Frontera’s San Telmo neighborhood.