November 17, 2013
-We all know that in most of Latin America(especially in the dozen or so countries off the gringo tourist trail) the personal, business and corporate taxes are extremely low compared with first-world rates. But knowing that there are corrupt, megalomaniac politicians in power, what can we expect from them in the future? Might the tax situation worsen and become a bad copy of the truly hideous first-world tax structure? After all, Latins do love everything first world…
-Where do Latin country debt levels stand right now and how do they compare to first-world debt? Are Latin debts serviceable and sustainable or are they (like the USA, Ireland, Greece and Japan) in dangerously uncharted waters?
-Some expats say that Chile has two big things going for it;
#1- some say Chile is the cleanest and least polluted Latin American country. I fact, even the poor uneducated lower classes seem to have the good manners to pick dispose of their garbage properly as well as beautify their yards and streets as best they can.
#2 – some say Chile is considered to be the least corrupt country in Latin America. Meaning most cops and politicians won’t take bribes (note I said most). However, many long term expats believe cops taking bribes is actually a backhanded advantage- being that it’s a huge time saver. The fact is, when expats first arrive they’re appalled at being hit up for such bribes… while others come to appreciate how a little "mordida" slices through the calcified bureaucracy. You’ll just have to come down and make up your own mind.
-And now, a telling email from a love-lorn nerdish gringo who has reasons for wanting to come down to Latin America that are not quite usual and customary…
-My January 2014 “Expat Wisdom” seminar is all set to go so. To check out the agenda and the signup details just click on the Latin American Seminar link on the top of the ExpatWisdom.com mainpage.
“AN EXPAT’S GUIDE TO FIRST-WORLD HEALTHCARE IN LATIN AMERICA”, That’s the name of my long awaited free report. It’s finally finished and will be available for a time at www.ExpatWisdom.com. Grab a copy and than compare how 21st century Latin American healthcare stacks up to your Heathcare in the states. Read it and weep! And remember the report is free(at least for now).
-Follow the link on the main page at www.ExpatWisdom.com to schedule a private consultation with me. If you want to discuss the details of living, working, playing, doing business and/or retiring in Latin America, now you and I can talk about your situation one on one.