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Escape The Corporation: How to live the life you have always dreamed of - free from the corporate slog.
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Nicaragua: Real Estate Property and land bargain amidst colonial splendour. |
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S E P T E M B E R 2 0 1 0
Issue 44
| An online magazine about investing, living, working and relocating to the Caribbean. |
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| SPECIAL FEATURES |
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| MONEY AND INVESTMENT PAGES |
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| CARIBBEAN PROPERTY PAGES |
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| CARIBBEAN RETIREMENT PAGES |
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I often meet people on the islands looking for help with their new environmental group, and I know they are in for a long and frustrating commitment.
Anyone moving to the islands arrives with containers full of household goods, cars and boats, family pets and of course; buckets of enthusiasm and energy. Much of the enthusiasm is for the new community and environment.
Expats and new arrivals tend to be more interested in the environment because its new, the beauty of the environment is what has attracted them to their new home and so there is a natural sense of stewardship. Local island governments struggle to find the funding to care for the environment, to educate, to protect and secure against the future, to monitor, all of these tasks though necessary are very expensive.
So it often falls to the expat community to provide support for the local environment and information and resources are hard to come by, especially when you are new to the area.
But there are resources and for the Eastern Caribbean islands there is no better one than www.irf.org which is now based in the BVI.
I cannot put it better than to include their mission here statement here.
To protect and enhance the environments of small islands , especially those in tropical areas, and to assist islanders in the pursuit of development options that preserve the special qualities of island life.
Island Resources Foundation envisions a world where island systems are not miniature microcosms of continental areas, but rather where it is recognized that a failure to understand the differences between insular and continental systems has unanticipated and too often undesirable consequences for islanders.
For 35 years, the Resources Foundation has addressed those differences and assisted in the emergence of island-focused and island-specific environmental guidelines, practices and institutions.
For 35 years, the Island Resources Foundation has been buying time for islands—and for the people who call them home.
I would encourage anyone living in the Eastern Caribbean islands who has any sort of environmental group to contact IRF and hook up with them. They have a lot of resources, including students doing doctorates looking to do their thesis on island projects. There is nothing like a keen student with a slew of University resources behind him running a field study and focussing attention on your part of the beach!
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Foreclosure Properties Buy Sell Program
In May 2009, a Foreclosed Properties Buy-Sell Program was launched on the basis of a 50-50 split of the Net Profit between developer and investor.
The capital provided by the investors enables the program to expand its foreclosed property activities in Collier County, Florida to other equally attractive markets.
This Program follows a “First Cash In – First Cash Out” principle: the investor puts his cash in first, and is first to get cash out at closing, only receiving monetary compensation upon a successful closing.
The program has become hugely successful with nearly all investors rolling over and re-investing at the end of their first Fix N Flip transaction. Examples of returns to investors range from a 5% return in 106 days to a 39% return in 39 days in Collier Country, Florida.
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This issue’s Investment and Property Pages section features savvy advice from veteran international columnists - find out if moving money and your assets is right for you.
Discover some well-informed guidance in our Investors and Funding column. Then check out the Investment Corner and Property Guru Column for interesting concepts for those interested in investing in something a little different. Next, discover advice you can capitalize on in Caribbean Investor and Owner Notes. There are always plenty of great new deals offered straight from the developers in the Off Plan Pre-Development Offers column. Then, take a peek through the Editor’s Pick of the Month section, which always focuses on some incredible deals and extraordinary properties.
Our new section is geared toward Baby Boomers and those seeking retirement in the Caribbean Basin….and is aptly named the Caribbean Retirement Pages. This month’s CRP section features four columns: Clew’s Views – as usual there is a real gem revealed that is the perfect spot for retirement. Then find out about how much it would really cost to live in Honduras in Financial Matters while discovering the real deal about your Safety and Security in Latin America …last, enjoy the Up Close and Personal column which features an enjoyable and insightful interview.
Our regular columns begin with…
HOT OFF THE PRESS UN talks flounder as climate impacts mount as the deadline looms for Puerto Rico birth certificates to be renewed. CARICOM is looking forward to Cuba playing a greater role in the region and the Caribbean has lost a musical icon, Arrow, whose funeral is set for October 1st in Montserrat. This month featured a rare hurricane tri-fecta of Igor, Julia and Karl churning through the Caribbean Basin simultaneously ... Read More
TOURISM TREATS Barbados’ cruise industry is sailing very smoothly while Turks and Caicos has seen a good increase in tourist arrivals during the recession, meanwhile the Virgin Islands feels the economic downside of hurricanes, while local and regional Caribbean tourism is once again on a growth track. A new means of transportation is ready to sail out of Grenada - it is a large capacity passenger and cargo multi-island ferry service catering to the disabled and with a safety first motto. And, amid the rising fares, there are still some true Caribbean travel bargains are out there. St Kitts-Nevis will commence talks with the USA on an Open Skies Agreement ... Read More
CARIBBEAN DESTINATIONS : DISCOVER CUBA, PART 1
By Raquel B. Tejeda
Cuba, that grand island of mystery, is also a land of timeless beauty, an eco-paradise, the land that time forgot and an other-worldly sort of travel experience as one feels as though they are stuck in a time warp…but certainly a most enchanting one ... Read More
CARIBBEAN ENVIRONMENT : A SOLAR SOLUTION FOR THE WORLD'S POOR
By James Post
Most of the people living in tropic and subtropical climates are very poor. They can barely afford to buy a refrigerator, let alone pay for the high electricity cost associated with the cheapest models they would buy –some of which may not even be permitted to be sold elsewhere due to excessive electricity consumption. But even the people that are a little better off have trouble paying the electricity bill. This article primarily aims to describe a solution for these socio-demographic groups, but also describes economic solar solutions for the rest of the world ... Read More
CARIBBEAN CULINARY : MEXICAN CUISINE - A FUSION OF THE PAST
By C S. Mar Carter
Authentic Mexican cuisine is the result of a decade after decade fusion and amalgamation of food products, spices and recipes from many other cultures combined with the now lost recipes of original Mexican cuisine. The Tex-Mex food of today, such as tacos and burritos, is a nouveau fast food with a slight Mexican twist that has become ingrained as a staple of the American’s diet. If one wants authentic Mexican food of yore, the kind that is homemade from scratch, it can be found in every city, village and small town in Mexico – just don’t expect to find it in the border towns or resort towns that cater to the American tourist ... Read More
CARIBBEAN DEVELOPERS : MONTECRISTO'S VISIONARY COUPLE
By C S. Mar Carter
Caribbean Property and Lifestyles Magazine recently had the opportunity to interview Lori and Jorge Estrada, the visionary couple who have created the ultimate seaside community, Montecristo Beach Resort and Golf Club, in Nicaragua. In the highly informative interview, the couple share their vision and commitment to developing the leading seaside community in Central America ... Read More
CARIBBEAN EXPATS : DESIGNING MID-LIFE IN BELIZE
By Yvette Dalton
Recently someone asked me how, and why, did I become an “expat.” I knew what an expat was but had not considered me to be one - and yet here I am living in Belize, my new home. All things considered, I realize that I have become a part-time resident in that special club of pioneering souls who pack up, say goodbye to their homeland and settle down in a new country. I never thought of myself as a ‘pioneering spirit’ nor did I ever crave to chuck it all and just run away! ... Read More
CARIBBEAN SPIRIT : CREATING HABITAT BELIZE
By Reverend Macarena Rose
A huge family, with mother and three of the children legally blind, living in a dilapidated 300 square foot house in Belize was the motivating factor in establishing Habitat Belize. We all need a home…. that's for sure. No one has to explain this to us. It’s been basic to our existence as humans on earth since the beginning. Overhanging trees, caves, whatever our ancestors could find - they made good use of local options to shelter and protect their young. Home is a place in which to center our lives. That hasn't changed. It never will.... Read More
Our regular Special Features section has changed also, and now showcases articles and interviews under specific Caribbean themes of interest each month, focusing on Caribbean culture, living, lifestyles, relocating, retiring, volunteering, working, giving back, travel, adventure, discovery, destinations, special ‘gems’ and the latest in developments and opportunities.
Enjoy this month’s issue and we’ll see you next month!
The Editor
September 2010
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Costa Rican Hotel For Sale
A Turn - Key Opportunity!
Nestled beautifully in lush tropical gardens is a fully operational Hotel selling at $3.5 Million...YES!
ONLY THREE POINT FIVE MILLION US DOLLARS!
A 22 room Hotel Resort located only 300 meters from the Nosara beach.
With 2 pools, one can enjoy the luxury of either swimming to the restaurant bar or just relaxing around the larger private pool in a sunning area with lounge chairs... choose to cool off, after fun in the waterfall pool and with an ice-cold drink at the bar.
The land use plan developed for the hotel was designed to allow for the gradual growth of the resort to an ultimate size of 40 rooms. The Hotel is 12 years old, and completed the fifth phase of construction in 2006.
Construction originally began in August of 1998, which saw the building of the first 5 rooms named Playa Pelada Suites, restaurant ranchita and bar, bar pool, commercial kitchen, and small clothing, gift and surf supply store as Phase 1.
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| August 0 |
| When, as a family we sailed our own yacht around the oceans, I was always keenly aware that should illness or accident befall any one of us, we would not have any medical support. If we were in the middle of the ocean, or anchored in a bay off Grenada, we would have to rely on our own limited skills. ---> Read More |
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| July 0 |
| It still amazes me that the Caribbean islands which are so often quite prickly, and even prejudiced against each other on a day to day level, come together with such support whenever a natural disaster hits. An earthquake or a hurricane which destroys a neighbour serves as a wonderful example of how the Caribbean peoples connect with each other in times of need. ---> Read More |
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| June 0 |
| The highs of the Euro against the US dollar around $1.60 in 2008 have dramatically dropped to a weekly average (last week) of $1.18. This, of course, reflects economic instabilities and worries in some other major European Union countries, including Greece and Spain. The UK has its own difficulties but is not part of the Euro currency system, even so the British pound is also falling against the US dollar. ---> Read More |
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| May 0 |
| In Dominica, the water supply in the towns is turned off whenever it rains heavily. Why? Because heavy rains stir up mud in the pipes and tanks, contaminating the water and weeping a brown unpleasant mess into the showers and kitchen sinks of homeowners And this in a country with one of the highest rainfalls in the world. ---> Read More |
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| March 0 |
| Since the beginning of the year, from Jamaica in the north to Guyana on the north Caribbean coast of South America including the Leewards and Windwards; we have been suffering drought conditions. In the northern latitudes everyone is having a hard, cold winter, down here instead of the cool, rainy season we expect in January and February, we have had really hot, dry days. We normally see 78-82 degrees up here in the mountains and we are seeing 90-94 degrees on a daily basis. ---> Read More |
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| February 0 |
| I still find it slightly quirky to be told when trying to buy Euros or Sterling in cash at the bank in downtown Roseau, "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. ---> Read More |
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| January 0 |
Every morning my husband walks round our four acres of orchards and grassy spaces, and returns with 2-3 large, sweet freshly picked grapefruit, a juicy orange and sometimes a carambola. With my sharp cook`s knife, I create long ribbons of peel and slice the inner fruit up together to create a fruit salad for breakfast. Then we sit on our verandah in the sunshine planning our day, consuming the citrus fruit of our labours, or rather the intermittent and inimitable labours of our Dominican gardener!
---> Read More |
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