Friday, February 26, 2021
Dear Your Overseas Dream Home Reader,
Tomorrow I’m dropping the latest issue of Real Estate Trend Alert.
If you’re a RETA member, pay close attention…
Inside you’ll get my full report on our latest opportunity in Costa Rica.
In a nutshell:
I expect to bring members a chance to own one of a limited number of villas—each with a small pool—nestled amongst vast tracts of primary forest in the most beautiful part of Costa Rica.
With this deal, we’re tapping into a critical shortage of rentals and a huge demand that could easily mean a yield of 13%.
And we’re doing so ahead of a barreling Path of Progress…
We have this deal because of our RETA edge…we get in first…before anyone else even knows about it. And, we get special RETA members-only pricing.
I’ll be sharing the nuts the bolts of the deal with members soon. If you’re not a member, you can sign up here today.
In the meantime, check out this video I recorded with my senior researcher, Margaret Summerfield. We discuss our two favorite places to profit in Costa Rica…
…The second of which is where we have our upcoming members-only opportunity, so be sure to watch to the end…
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Wishing you good real estate investing,
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Ronan McMahon, Real Estate Trend Alert
Your Comments and QuestionsGregory says: Hi Ronan. My wife, Rosa, just joined RETA. We have read your columns for about a year. We are two physicians from San Diego nearing retirement. We are fortunate enough to have an ocean front property in San Diego and a hacienda in southern Jalisco, Mexico. We love to travel and are intrigued by the golden visa programs as a means of achieving a lifestyle that incorporates travel between San Diego, Jalisco, and southern Europe. We love Italy, we have read about Portugal’s Golden Visa, and are interested Spain’s Costa del Sol. Any suggestions? My wife speaks Spanish since she holds dual citizenship (U.S./Mexican) and we feel that Spain might be a better fit from a language standpoint. Ronan says: Hi Gregory. Generally, I recommend Portugal’s Golden Visa. It’ s the best Golden Visa program in Europe. It offers some of the most affordable options for residency through real estate investment. Depending on the location and the type of property you choose, you can pay as low as €250,000, all the way up to €500,000. The low-stay requirement means that you only have to spend seven days a year in Portugal, then no less than 14 days each subsequent two-year period. This is important if you plan to seek citizenship. And it’s going to disappear in January 2022…certainly looks that way. In fact, if it weren’t for the pandemic I think it would already be gone. However, you have a strong reason to consider Spain’s Golden Visa option instead. Spain launched its Golden Visa just a year after Portugal. But it kept the bar high, setting a minimum investment to €500,000. Until very recently, Spain has the most difficult path to citizenship. It requires 10 years of residency, with the majority of each year spent in Spain. But recent revisions to legislation has changed the restriction to no more than six consecutive months outside of Spain. This means that you only need to visit Spain about twice a year, which may or may not match your requirements. I would generally only recommend this visa if you wanted Spanish residency specifically. Portugal offers more flexibility. As for Italy, unfortunately, it doesn’t offer a Golden Visa via real estate investment. And with the EU clamping down on these programs throughout Europe, I don’t expect to see one soon. Connect with Ronan on Instagram |
