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F E B R U A R Y 2 0 1 0
Issue 37
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An online magazine about investing, living, working and relocating to the Caribbean.
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LETTER FROM THE EDITOR
I still find it slightly quirky to be told when trying to buy Euros or Sterling in cash at the bank, "Oh I don't think we have any foreign cash. Oops No! I tell a lie, we do have 17 pounds, but no Euros. Would you like that?" Or other variations of sums along that theme. Its only so that when we arrive in Gatwick or Charles De Gaulle Airport we are not on credit card, or looking high and low for a cash machine, to be able to buy breakfast and some toothpaste.... Read More
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H O T O F F T H E P R E S S |
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Read updated news about Haiti after the horrific earthquake devastation regarding its rebuilding plans and how you can help. In an odd bit of tourism news, the Royal Caribbean returns to Haiti with controversial results and so far donations have reached the $355M mark. Meanwhile life in Venezuela's seems to be going downhill rapidly as the government has imposed rolling nationwide blackouts, its currency has been devalued for the first time in five years and tens of thousands of protesters march to overthrown South America’s last dictator. And, a peaceful accord has been reached in resolving the dilemma over former Honduras President Zelaya as the Dominican Republic steps in to help out .... Read More
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S U S T A I N A B L E L I V I N G |
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The UNEP will lead the massive environmental recovery efforts in Haiti… Small islands have launched an energy initiative, SIDS-DOCK, to help with the reduction of emissions and to pursue low carbon development… and, in news which impacts both the environment and a potential major shift in global oil trade dynamics, the Saudis have quit a long-held lease of Caribbean oil storage and China has stepped in to take it over. In addition, China now has its eyes on the Caribbean fuel oil market as well! .... Read More
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T O U R I S M T R E A T S |
| The UN says that world tourism will rebound in 2010. In destination news, read about the travel picks selecting the Top 10 Off the Beaten Track Islands – many are in the Caribbean! And, Jamaica has been voted ‘Best Caribbean Destination.’ In cruise news, Royal Caribbean faces more scrutiny regarding its cruise ship calls in Haiti but resort workers say that without the business they won’t have money to eat. Caribbean Carnivals kick off with The Real Mas in Dominica and Trinidad still has some travel packages available for its annual world-renowned Carnival. In hotel and resort new the current trend among independent properties is to join up with big hotel brands' collections .... Read More |
D I D Y O U K N O W |
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Most people are totally unaware of Haiti’s remarkable history and the fact that it is the world’s first Black Republic, that this was the only successful slave rebellion in world history, and that Haiti was once the richest colony in the world, with the most productive plantation system in the West Indies. Read about its early history and the revolution which brought about independence over 200 years ago. Also, if you have ever wondered where all the scrumptious French Creole recipes came from, we take a look at the origins of that unique brand of cooking with roots to four continents .... Read More
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S P E C I A L F E A T U R E S
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HAITI : BEYOND MOUNTAINS, MORE MOUNTAINS
Susan Turbeville
A Haitian proverb states, “Beyond the mountains, more mountains.” One wonders how many more mountains the poor Haitians must struggle over in order just to live, much less progress. As the Haiti Education Foundation (HEF) approaches the disaster and the role we feel called to play, we first will center our efforts on the people. When HEF began this mission many years ago, the focus was to bring HOPE to the children of Haiti through education. Today, HEF’s resolve is the same. Yes, Beyond the Mountains, there are More Mountains, but we at HEF are willing to climb back on top with our brothers and sisters in Haiti. After all, Frances Landers, its founder, has always said that HEF is God’s mission and we are merely the laborers in His fields .... Read More |
PIRATES : THE ORIGINAL ROCK STARS? PART 1 OF 2
Noah Banks
Stirring tales of adventure, romance, and danger seem to surround the facts as well as the legends of the pirates from the Golden Era of Piracy. Movies have perhaps provided a myth made to romanticize these cutthroats as a form of escapism for the viewing audience. Captain Jack Sparrow’s alter ego, Johnny Depp, said he sees, "Pirates as the rock stars of their time." Notably, he based his unique interpretation of Captain Jack on the mannerisms a notorious rock guitarist. While Privateers were lauded as heroes by their host nations, most true pirates were feared as deadly cutthroats, indeed, many of the more notorious pirates would be labeled anti-social psychopaths by today’s standards. Rock stars may be hedonistic and occasionally depraved, but so far none has been labeled as a deadly cutthroat psychopath .... Read More
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HOW TO BUILD BACK BETTER HAITI
James Post
In Haiti, Western-style construction standards virtually do not exist, this due primarily to lack of training, especially of the small contractors. The majority of the small contractors do not know why they build the way they do, and the poor people hire the small untrained contractors to build for them as there is always the overall quality/cost dilemma to deal with; the poor must always choose the lower cost, and therefore get dubious quality and materials. Sand and gravel are cheap; cement and steel are expensive. As sad as it is, people saved - because they had no choice, and did not understand the ultimate implications of building without proper knowledge and materials .... Read More |
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WHY MY MOTHER MOVED TO NICARAGUA
Andrés Valldejuli
In the coming years, thousands of baby-boomers will start to consider retirement. Perhaps retirement in your own cities or local towns, or perhaps in a slower and more prosperous part of America in order to maximize your retirement income. My mom had that dilemma and found that she would not be able to afford a great quality life in the States. Drawn by its natural beauty, the warmth of its people and the financial advantages of living in a true emerging nation full of promise, she made a decision most of us only dream of – she moved to Nicaragua to retire. The dream to retire in a tropical paradise while at the same time taking control of her financial future. How is my mom's life in Nicaragua? It is simply terrific as her quality of life has improved immensely .... Read More
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RETIRING TO THE DOMINICAN REPUBLIC
Guitze M. Messina
There are many pro’s to retiring to gorgeous Dominican Republic, recently ranked the second happiest country in the world. Let’s start with the DR’s zero capital gains taxes for tourism real estate; the special advantage law created just for retirees; the quick air travel to the USA and beyond; its great communications systems and infrastructure; its top notch medical and personal care services; its low cost of living; the non-stop entertainment possibilities and DR’s size and diversity – a place where you can spend 365 days involved with activities, golf and exploring and never get bored! .... Read More |
LOSING YOUR HEART TO BELIZE
Reverend Macarena Rose
Losing Your Heart to Belize. As we all know by now (unless you’ve been hiding under a rock the past few years) the ‘first world’ economy, and with it a chance at a continuing nice quality lifestyle and/or quality retirement, have about vanished. Nothing is affordable anymore. At this rate, you may have to work until age 78 before you can afford to retire somewhere in the good ole USA, Canada or points west. So I’m wondering – was one of your 2010 New Year resolutions to relocate overseas so that you could not only enjoy a quality lifestyle, but save loads of your hard-earned money while doing so. If so – I again tempt you with Belize, a land where it is very easy to lose your heart .... Read More
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PANAMA : THE EXPAT AND RETIREE PARADISE?
Susan Banks
Panama is consistently ranked as one of the top two or three destinations to retire to. With its stability and many attractions, it tops the list for those baby boomers and expat’s who are seeking a country with a long reputation as the place to comfortably settle in with far less challenges than many of the as newer retirement havens present. Panama is the ‘it’ place for those who have less of a pioneering spirit, preferring a country offering many of the “known elements” that they are comfortable with back home .... Read More |
TALES OF A PEACE CORPS VOLUNTEER IN THE CARIBBEAN
Ella Rychlewski
Ever thought of joining the U.S. Peace Corps? Or, are you just wondering what it is they “really do?” The highly informative personal account by one volunteer, placed in the relatively unknown island of Dominica, will provide you with plenty of information on the high’s, low’s and reality of volunteering in another country, with any organization. The reality in joining the Peace Corps means living life 24/7, for two years, in a destination that you did not select. And, it means giving up being ‘you’ while also losing your normal comfort zone to become an effective Peace Corps Volunteer. “Tales” is part one in a four-part series .... Read More |
M O N E Y P A G E S |
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INVESTMENT CORNER Over the past year the Miami condo market has seen a huge surge of buyers scooping up all the deals from the bursting of the real estate bubble....
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| INVESTORS AND FUNDING The following is a Question and Answer on how the bank instrument exchanges takes place. Through the issuance of coded messages from bank to bank the funding process is fast and secure. |
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P R O P E R T Y P A G E S
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BUTTONWOOD - THE BAHAMAS, lots for sale
STARTING AT $35,000 AND RESERVATIONS OF $5,000....
All plots have ocean access and road access. Water and electric,telephone and cable available at the lot.. Contractors, architects and lawyers are all available to help you design and build your new property. All lots can be reserved on a first come, first served basis. To purchase a lot - we have three finance plans one with a NO MONEY DOWN offer. To reserve a plot paying cash the deposit is $5000 and the remaining amount is payable at completion which is normally 1 -2 months later or with Owner financing over 18 months (unless you take the no money down option).
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Letter from the Editor
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