Tag Archive | "tax law"

Desperation Tax


The tax collector wants to get his hands on your money, in new ways… anywhere.   And he can!

My kids, who live in the UK, along with thousands of others, are being hounded by their British banks on behalf of the IRS.

This is a global problem that can affect anyone, even worse than you might think.  I explain why below.

www.portugalresident.com

A recent message at this site, “The Fall of the Dollar’s Sovereignty”(1), showed that freedom infringements are continually created due to the nature of governments to spend more money than they have.

This wanton spending creates inflation.

Inflation eventually destroys almost all currencies that are capable of being manipulated by governments.

The article said: That’s why gold has always been a good money.  Governments cannot manipulate (much) how much gold is in the ground and what it requires to mine it.

But governments will attack anything that threatens their ability to control money.

For example in the 1930s, gold rose in importance as the US economy collapsed.  FDR signed Executive Order 6102, forbidding the “hoarding of gold coin, gold bullion, and gold certificates within the continental United States”.  The “Trading with the Enemy Act of 1917” and “Emergency Banking Act” were used to limit American gold ownership.   The penalty could be as much as $10,000 and/or up to five to ten years in jail!

The stated reason for the ban was that hoarding of gold made the depression worse.

The real reason was to remove constraints on the Federal Reserve on increasing the money supply during the depression.

An article in England’s Guardian newspaper “British citizens born in US risk having UK bank accounts frozen” (2)  shows how desperate tax authorities have become and how far they’ll go to maintain control over their money.

The article shows how the IRS has created an unimaginable mess for tens of thousands of innocent people.

The article says (bolds are mine): Britons who left US as children being chased by their banks for a US tax ID they do not have.

Tens of thousands of British citizens born in the US but who left when only a few months or years old risk having their bank accounts in Britain frozen because of intense pressure by US tax authorities on UK banks.

In one case, a 74-year-old living in Cambridge has been sent increasingly urgent letters from Barclays demanding her American tax identification number, even though she left the US on the RMS Queen Elizabeth in 1947 when she was just 18 months old. She had assumed that her US citizenship had lapsed.

The pensioner, who did not want her name published, said: “I felt hounded … I didn’t understand US tax law.”

An increasing number of Britons – many of whom have never spent a day of their working lives in the US – are being chased by their banks, which are insisting that they hand over their American tax identification numbers or risk having their assets frozen.

British banks are terrified of huge fines from US regulators if they continue to serve US citizens but fail to share information with the US Internal Revenue Service, the country’s taxation authority.

But this leaves thousands of so-called accidental Americans, who were born in the US but left as toddlers, in a near-impossible situation. Those born before 1986 were never allocated a tax identification or social security number or warned that they would be liable for US taxes for the rest of their lives.

Banks and investment platforms are in a race against time to uncover information about any remaining dual nationals on their customer roster before the end of 2019, when a grace period for banks expires.

The pensioner in Cambridge said accidental Americans like herself should not be the target of Fatca trawls of foreign bank accounts: “It was a big net cast to catch these big fish, these sharks, hiding American money abroad. In fact they haven’t caught very many of those and instead caught little minnows like myself.”

This is not just an American problem.  An article at portugalresident.com “UK tax office benefits from global exchange of information” (3) shows how the UK taxman is after British expats just as the US is after American expats.

The article says: The Common Reporting Standard, where countries around the world automatically exchange information about taxpayers’ offshore income and assets, is now in full flow.  Tax authorities are beginning to use the data received to their benefit.

The UK government published the 2019 version of its “No Safe Havens” policy paper on March 13, timed to coincide with the Chancellor’s Spring Statement. It outlines how the UK has seen “huge changes and improvements to offshore tax compliance in recent years” and lists some of the results of the Common Reporting Standard (CRS).

HM Revenue & Customs received 5.67 million records on UK taxpayers’ offshore financial accounts in 2018. This involved around 3 million UK resident individuals, or the entities they control.

The tax office confirmed that it has begun this CRS data to detect possible non-compliance. Since 2010, the government has introduced over 100 new measures to tackle non-compliance.

The nature of governments is to spend more money than they have.  Creating debt now, that future generations will need to repay, gets them in or keeps them in power.

This problem has eroded our freedoms to such an extent that most banks abroad will not accept American customers.  Now they are even refusing dual nations who are citizens of their own country… all because of these draconian tax rules that punish Americans who live abroad.

This is one reason I continue to work with ENR Asset Management.  ENR is one of the few SEC registered financial advisors that has  bothered to create a system so Americans can still hold their assets at Swiss and Austrian banks.

If you have questions about how to bank in Switzerland or Austria, send a note to ENR’s Thomas Fischer at thomas@enrasset.com

Technology has allowed us to enjoy the benefits of a global economy.  That same technology makes it possible for us to bank and invest anywhere we choose.  This creates such a threat to the sovereignty of individual politicians that they act in desperation to maintain control of their citizens and their wealth.  Be aware of this danger to our freedom and look for every way you can live anywhere, but earn everywhere.

Gary

Live Anywhere – Earn Everywhere

How to Gain Extra Freedom – While Almost Everyone Loses Theirs.  Profit from post COVID-19 trends.

I invite you to join Merri and me in expecting the world to get better… to live and earn based on that expectation but…  to also prepare for bad times as well as good.

Just in case… the world goes sideways… we will still survive and prosper.

We do not give up anything much.  We can enjoy the good parts of the new economy, as we protect ourselves from what can be bad.

For example in my report “Live Anywhere-Earn Everywhere”,  you’ll see how to make your dining room table bring you more control, more time, more income and more freedom.  After all, what can be more accessible than a dining room table?

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Dining room tables we worked from (and we also sold the tables for a profit).

You’ll even learn how to turn dining room tables into income and tax deductions as we have with these dining room tables we build out of local wood.

Let me be clear.  I expect that the world will get better, at least for the few who adapt and avoid the dangers that the changes from the COVID pandemic will bring. 

The wealth of the world, albeit with inequality, will continue to grow.  This collapse of the global economy will bring an incredible new opportunity for those who know what to do.  Thes profit making avenues offer enormous income potential and even work well in disaster scenarios.

Let me provide one simple, concrete example.  Ginseng.

This is a great health root.  The demand is growing especially in China.  At times good dried Ginseng sells for $1,000 a pound!  This is an incredible and easy crop to grow.   The less care you give it, the more valuable it can become.  Yet if everything goes south, the health qualities will be good to have and make it an excellent barter item.  Once you know what to do with ginseng, it’s easy to grow in your back yard.

Even better one of the best kept secrets is that ginseng and 125 other medicinal crops that are currently unsustainable but can be grown on land  that is extraordinarily cheap.

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Ginseng we grew in our back yard.  I know about growing ginseng through experience and explain why and how in the report “Live Anywhere – Earn Everywhere”.

Loquats are another example of an easy to grow crop that help promote natural health.

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Here I am by one of the many loquat trees at our Florida farm.

Loquats are a great fruit for making jam and such, but the loquat leaf has amazing medicinal qualities.  Its is a registered medicine in China and due to its anti viral and respiratory system enhancing qualities has an especially  growing demand right now.   The images below from Amazon.com show that the leaves sell for about a dollar per leaf!

I have many trees on the farm but started growing loquat seedlings last year.

loquat

Loquat leaf tea has become really important during the pandemic due to its respiratory strengthening qualities.

I have been drinking a lot of home made loquat leaf tea during the pandemic.

The report “Live Anywere-Earn Everywhere” shows specific places that reduce your living expenses, easily increases your income, makes you smarter, healthier and provides tax benefits as well. 

There are specific places where property is especially inexpensive, now because previous owners do not know about the special qualities created by the pandemic.

Learn about these specific places.  More important learn what makes these places special and seven freedom producing steps that you can use to find other similar spots of opportunity.

Here are some of the experiences this report shares:

The report includes a tax and career plan broken into four age groups, before you finish school, from age 25 to 50 – age 50-to 65 and what to do when you reach the age where tradition wants you to re-tire.  (Another clue-you do not need to retire and probably should not).

The report is very specific because it is about what Merri and I, our children and even my sister and thousands of our readers have done and are doing.

Live Anywhere – Earn Everywhere focuses on a system that takes advantage of living in Smalltown USA, but earning globally.

  • Learn about the magic of the north facing slope.   This is where Merri and I live almost half of our time.  North facing mountain land is some of the least expensive in the world but has hidden values that the report reveals.  There is a lot of this land and a lot of hidden value that you can tap.   When we bought our Blue Ridge farm (252 acres) I mentioned this to my Swiss banking friend.  “That’s bigger than the entire village where I live!” was his response.  Smalltown USA offers a last chance at having a lot of space.  By living in two Smalltown places there are enormous tax advantages as well.  One step in the system saves Merri and me over $28,345 in taxes a year.

The report shows how to buy cheap north facing slopes and create an income producing tiny home for $29,000 or less.

If you lack the $29,000 to invest, a start up using tents is even less.  These are tipis we put up at our farm before we built our first tiny home.  Learn how they can create tens of thousands of dollars in income for you.

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  • See ways that small businesses like Tipi rentals can be enhanced by the pandemic but also create BIG tax savings as well as extra income.  For more than 30 years Merri and I have enjoyed a strong six figure income, some years more, in the millions.  Yet there have been very few years when we had to pay federal income tax.  The report lays out a three structure program and how it is used when you are in school (up to age 30), then from 25 to 50, 50 to 70  and beyond 70.   Learn why Chapter C corporations and pensions can be better than the normally recommended Chapter S.  See how new mileage log rules gives you a possible opportunity to increase your tax deductions using IRS Form 4562.  Using a two-vehicle strategy you can gain $12,976 in new deductions even if you do not have to drive one mile further or spend one additional penny on your car.
  • See how a greenhouse can help you eat better and be healthier, plus provide income and a tax deduction and be funded by a government grant.

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Our North Carolina greenhouse.

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Our Florida greenhouse.

  • There are similar benefits from having a second home office defined in IRS publication 463 and IRS publication 587, even if your desk is a dining room table.  The report also shows how your dining room table can become an actual income producer as its creates a huge tax deduction at the same time, not to mention a great place to eat, work and lay out plans for a brighter, safer more lucrative and enjoyable future.
  • Living in this environment is also healthier, economically as well as physically.  You’ll see in the report how researchers at Harvard found an amazing correlation between living in conditions found on north facing slopes, longevity and mental health.  The researchers were quite surprised by this strong correlation that also extended into mental health.  In addition to feeling better, reducing stress and having more Joie de Vivre the places outlined in “Live Anywhere-Earn Everywhere” can help you avoid hospitals, high cost disease management (aka health care) and BIG pharma while providing an investment opportunity in three plants that have some of the fastest growing demand in natural health care.  These three plants are just one of seven business opportunities that can create multiple streams of income.
  • How changes in cell phone and internet technology eliminated the need to be in one place.   An old law that creates new opportunity for small business in small towns is available to everyone.
  • Use the specific search and purchase guide.  Construction plans are included that show how to generate first tier income that leads to five, second tier avenues of earnings.
  • How to pay off old debt and avoid new debt by avoiding spurts and embracing value. 
  • Learn seven skills that will always have value.  See how to turn First Aid, medicinal plants, hospitality, food, trees, alternate energy and writing to sell into everlasting, low stress wealth.

merrily farms

This pond we created at our farm brought us pleasure but also helped create a safe, healthy food supply, extra income and a tax deduction as well.

My Guarantee

This may be the most important report I have written in 50 years.  The information is certainly the most urgent.  Do not delay.  The risks are upon us right now and you’ll understand how the final steps of the alliance are taking place as you read the current news.

To take any risk out of gaining this urgent information with my full satisfaction or money back guarantee.  If you are not totally happy, simply let me know.  I guarantee you can ask for a full refund any time within 60 days and I’ll refund your payment in full, no questions asked.

You can keep the reports as my thanks for ordering it.

Buy Live Anywhere, Earn Everywhere Report  $39.99

(1) www.garyascott.com: The Fall of the Dollar’s Sovereignty

(2)  www.theguardian.com: British citizens born in US risk having UK bank accounts frozen

(3) www.portugalresident.com: UK tax office benefits from global exchange of information/

 

This Danger is Now


Costs of living that are rising now.

Signs of inflation are everywhere.   Yesterday’s Wall Street Journal article “U.S. Business Price Growth Came in Hotter Than Expected Last Month” is headlined, “Latest data a sign inflation pressures may be building in the economy”.

The article says: A gauge of U.S. business prices grew more than expected in March, the latest sign inflation pressures may be building in the economy.

The producer-price index, a measure of the prices businesses receive for their goods and services, rose a seasonally adjusted 0.3% in March from a month earlier, the Labor Department said Tuesday, while economists had expected a smaller 0.1% increase.

The surprise came because of a sharp rise in food prices and continued robust price growth in the services sector. Final demand food prices ballooned 2.2% in March, the largest one-month increase in about four years. Meanwhile, prices in the services sector rose strongly for the third-straight month, with price growth coming in at 2.9% in March from the prior year, the largest annual change in almost eight years.

Overcoming debt is one way to contain the risk of inflation.

We recently sent our Purposeful Investing Course subscribers the 32 page annual Keppler Asset Management Asset Allocation Report. (2)

One fact revealed is that investments in equities have been the best investment of all… by far,  over the past 92 years.  A dollar invested in US large shares grew to $7,353 compared to $62.72 for gold or 31.53 for homes.

Yet the report gave a huge warning as well.

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The warning shared the danger of market timing.  Investors who missed the best 48 months, just 4% in that 92 years  saw the $7,353 fall to only $21.74, making the shares just about the worst investment of all.

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Then the report showed the power of compound investing.  $1,000 a year invested for 45 years, rose to $573,186, when invested… and left in US shares over the four and a half decades.   Just $83 bucks a month.  Those who saved that through their lifetime… had an extra half million bucks plus enough to buy a really fancy vehicle.

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These simple facts about asset allocation is why one of the favorite workshops I teach is “Early Wealth” for kids.

The course begins by showing a dollar bill and a candy bar and letting the kids choose which they would prefer.  Some choose the candy, others cash.  But twenty-six more dollar bills are taped to the first and they then unfold.  The $26 is what they will have if they invest the dollar with compound interest over their career.  Now the kids see twenty-seven dollar bills dangling before them and they are asked to choose again.

Kids are not stupid.  When if properly educated they take the twenty-seven bucks and in the process learn the power of compounded interest.

Then we have the banker’s race.  Two children are selected. One is a large boy. The other is a small girl.

They race as they drag a fifty pound bucket of sheetrock mud that sits on a blanket.

Each selects five other children (who we call her bankers) to be in the race with them.

The difference is the girl has been good and saved money.   Her five bankers help her pull the bucket.

The boy, who has been bad and borrowed money, has to drag the bucket and his five bankers.

You can guess who wins the race.

This is an important workshop because we live in a sick society and our kids are being blasted with the idea of spending and borrowing from the moment they can watch a screen.  They are imbued with the idea to borrow for their education…. borrow to buy a car… borrow to take a vacation… borrow to buy a house… borrow on their credit card… borrow…. borrow…. borrow.

Too many children, who become debt slaves from the getgo, can’t even save $83.33 bucks a month.

The debt problem is about to get worse and is explained in the New York Times article “Why the Tax Law Might Make Your Car Payments Go Up” (3).

The article says (bolds are mine):  The United States just started another epic borrowing binge. And if you borrow money — through a credit card, a mortgage or an auto loan — you could end up paying the price.

It is a phenomenon that economists call “crowding out.” Large-scale government borrowing sucks up the supply of available funds, driving up financing costs for just about everyone else.

The tax cuts that President Trump signed into law in December will decrease the amount of money the federal government brings in by an estimated $1.5 trillion by 2027.  There are no plans to reduce government spending by that much. In fact, the budget passed last month increases spending by hundreds of billions of dollars.

During and after the Great Recession, borrowing was easy for the United States government.

Now all that is changing.

Because the economy has largely recovered, the Fed is reducing the amount of government bonds that it holds. Corporations, banks and households are spending their money or investing it in riskier assets — with bigger potential payoffs — rather than stockpiling it. And, amid optimism about the economy’s prospects, more consumers and institutions are looking to borrow money themselves, rather than park their cash in safe havens like government bonds.

So the government has fewer places from which to borrow money. In essence, the government is competing with individuals and companies to borrow money from a limited source of lenders.

Intensifying competition for investment funds is good news for savers and other lenders who can demand higher interest rates.

But it’s bad news for borrowers who have to pay those higher rates.

Here are three steps to help combat the problem of rising interest rates.

#1: Reduce debt.

#2: Spend less than you earn.

#3: Save every month.

#4: Earn extra income.

#5: Earn in ways that allow you to live well and use the new tax code to reduce instead of increase taxes.

Gary

Live Better and Be Free – 5 Global Earning Experiences

Here are 5 global income experiences and 7 business secrets that can help you live well and free anywhere despite the pandemic.

I began my international business over 50 years ago and have been creating and running international micro businesses since.

During that time my wife, Merri, and I have been able to live, work and earn all over the world… literally anywhere we wanted because of seven secrets we gained which we share here with you.  We have been blessed with global earning experiences that helped us make millions… but were also fun, such as with British Lordships.

See how this one micro business helped us rub elbows with British Royalty.

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One of Merri’s businesses that worked with British Royalty was featured in Doonesbury.

Global Earning Experience #1:  Lepers.  Our micro businesses have been fulfilling.  Merri started her international business in her 20s (long before she knew me) importing Italian clocks to the USA.  This earned so much ($80,000 in the first year) that she created other micro businesses helping orphans in the Yucatan and Haitian lepers (at the Albert Schweitzer Hospital) produce crafts she sold for them in the USA.

Excellent income ($80,000 in the 1970s was a lot of cash)…  incredible contacts… working with Dr. Larimer and Gwen Mellon who created the Albert Schweitzer Hospital in Haiti… and enormous satisfaction.  Merri still cries over 40 years later when she tries to speak of the gratitude of the lepers and her time and life in Haiti.

Plus she gained lessons that allowed her to live and earn… in many places and many ways.

Then we got together.

Global Earning Experience #2:  Lords.  Another of Merri’s ideas (in the mid 1980s) was to broker British titles to wealthy Americans.  We made a ton from that… even gained 15 minutes of fame when Gary Trudeau learned about this business and immortalized it by having B.D. Zonker buy a title!

What fun… profitable, plus stimulating, meeting and working with the Blue Bloods of Britain… visiting their castles… invited to their events and affairs.

Before I get ahead of myself, may I ask you a question?

 

Would you enjoy living in two or even more places wherever and whenever you choose?  Would you be happier with more freedom, lack of debt, and a life of riches, adventure and fulfillment?  Would you be glad to feel confident that you can discover interesting and fun business ideas again and again that not only bring in extra income but also help the poor and improve the environment?

If so then read on… because… Merri and I have led that lifestyle for decades and can show you how to live it too.

The key is to earn from home offices.   They are part of a micro business secret and you’ll see why have two home offices (and using two cars in business) can save thousands in taxes.

You can also enjoy such a lifestyle because after years of search, I found business secrets that you can use and enjoy.

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Waterfall at our North Carolina Farm.  See enjoyable benefits of a micro business in water.

Global Earning Experience #3: Hospitality.  Here’s a hotel we owned and operated in Ecuador.  Once we sold this we joined the sharing economy and began offering rentals in our North Carolina cabins through AIRBNB and houses in Florida.  We became designated super hosts within months and added thousands of extra dollars to our income every month.

Caring is just one example of how to live anywhere and earn, especially now that the pandemic will change how people vacation.

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Having a variety of places to live is part of one of the secrets on how to earn more, have a better life with more fun, adventure and greater freedom.

Global Earning Experience #4:  Import-Export.   Here I am at our Florida house showing clients how to import.

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I was wearing a hand tailored, made to order, high quality wool suit from Ecuador that could be imported into the US for as little as $135 .  Plus that Panama hat was made in Ecuador.  This is odd but true, all genuine Panama hats are made in Ecuador.  We imported Ecuador roses year round as well, all from one of our tax deductible US home office.

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The secrets we’ll share below are not about how to buy suits or flowers though.   The secrets show ways to make money (while helping others) marketing products and services wherever you are and much more…. globally.

Global Earning Experience #5:  Green Produce.   We have an orange grove and lake at our Florida home and

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are among the first to test new organic ways to make citrus farming better for the environment and the consumer.  In North Carolina we cultivate Wild American Ginseng as well as aquafarm.

These are just a few of the business experiences that can help you have the freedom to earn globally.  They are shared in our emailed correspondence course that you can now have FREE.

The course teaches a system based on seven secrets so powerful that it creates money for you regardless of where you are:  in town, out of the country, traveling or even in places as remote as we live.

These secrets have worked for us in real estate… titles… tours… agriculture… clothing… hospitality… alternative health…  spirituality… printing… publishing and art businesses for Merri and me all over the world.

Merri and I have created a special program we call “Live Well and Free Anywhere” that makes it possible for you to enjoy extra income doing something you love.  You can gain full or part time and enjoy excellent profits as you have fun and do something good in the world.

My search stumbled on the fact that most millionaires make their money in business.  This discovery led to a study of rich businesses, ones that generate everlasting wealth.  Here are three of seven secrets we share in our program that we learned and have used in our  micro businesses:

Secret #1: They must enjoy the multiple effect.  A product once created must produce profits again and again, almost on a never-ending basis.  Each investment made needs to make huge returns.

Secret #2: They need to be greater than their owner’s time.  They must produce income even when the owner doesn’t put in day-to-day effort. You may already be wealthy or earning a high income.  You may not even need another business or extra income, but some day you might.  One surgeon explained it this way.  “I am making a fortune because peoples’ lives are in my hands.  Once my hands are no longer steady, my income stops.   My entire financial well being will then be in someone else’s hands!”

Secret #3: These money making systems should be enjoyable and fun.  Sadly most people make money for the sake of making money.  Many spend their lives working, just to have a few precious hours having fun.  The most important fact about making and keeping wealth is that those who were richest absolutely love what they were doing.  Money is of secondary importance to their effort.  And as things are, this means they actually ended up making more money.

These secrets created a fantastic way to make money with my own international micro business doing what I love!

You too can have everlasting wealth by turning your passion into profit.

You too can have the freedom to do what you love from any place you like, even operating (actually preferably) from your bedroom, dining room or den if you wish.

What do you love? Rare cars?  You can make a fortune creating a business around them.  Do you prefer fine art? Or do you love beautiful jewelry, coins, gems, real estate, furs, model railways, dolls, scientific equipment, war memorabilia, old and rare books, or whatever?  Do you prefer social subjects rather than objects?

Are you concerned with the environment or humanitarian problems, with crimes, war or poverty?  Would you like to help wipe these social problems out in the course of your business?

Are you a golfer? Do you love to travel? Why not make all kinds of money in a global business related to golf?

Would you like to help the world be a more spiritual place, help people get along better together?  You can do something good for the world, increase your income and live wherever you please in the process!

Whatever your passion you can learn how to earn by creating a micro business based on it.

Take fishing, for example.

I am no great aquafarmer, but the numbers and lifestyle work on a small scale.  We pay about $3.50 a pound to stock the fish, they double, triple, even quadruple in size and we sell them at a local butcher shoppe for a modest profit.   This is not a big deal, but does generate income, helps attract guests to stay in our rental cabins, puts some great trout dinners on our table and is a thoroughly enjoyable part of my daily labor.  I need this to counter balance sitting in front of a computer.

Over a couple of months the fish grow… a lot.

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Millions of people love fishing but don’t have a pond.  This does not mean they cannot be involved in fishing.  Here are just a few of many ways that others have profitably matched this passion with profit.

Two of my friends, John and Lou, grew up near me in the Oregon mountains.  They were outdoor adventure types and moved to Canada, where they homesteaded 1,200 acres on a trout-filled lake in mid British Columbia.  They built a fishing camp that attracts fisherman from around the world.

Duncan Kinderman on the other hand loved fishing and castles.  He bought a castle on the River Tay, a great Scottish salmon river, and offered time shares for fisherman from Britain, Europe and the US.

Another entrepreneur I know was from Montana.  His skills were in marketing so he sold fishing trips for fishing camps.  He attended rod and gun exhibitions, met owners of these camps and arranged to sell their fishing trips to the US, Argentina and even in Russia to fisherman around the world.

Ralph Kylloe on the other hand loved fishing and photography so he created the book, “Fishing Camps”, which was published by Gibbs Smith publisher. This allowed Ralph to travel across the country enjoying fishing camps as he photographed and wrote.

Steve Ambrose, another friend of ours, had family commitments at home so he set up a bass fishing business in Florida that served Americans, Germans, Canadian, Dutch and Belgians.  Later as his children grew, he used his client base to arrange fishing trips in Argentina.

Each of these people had provincial backgrounds and differed in age, situation and skills.  Their common link, the love of fishing, led each to a global micro business.  Each was able to blend a unique nature and set of skills to develop a global business that surrounded them with fun, like minded fishing souls.

There is such an abundance of opportunity that Merri and I have created this program to help you have your own micro business that can be managed almost anywhere.  This program is unique because Merri and I are unique.  We started our global business together.  Since we’re almost recluses, we decided to do the whole business by ourselves… thus we create micro businesses that do not require large staffs.

We began working at home.  Today, though we have tens of thousands of buyers and have made millions, we still work at home on our remote farms and employ only a few people to help.

You’ll learn how to turn advertising dollars into a fortune.  You’ll learn how to create your own ads and when to use the internet… search engines… pay per click… classifieds, space ads, direct mail or word of mouth… even flea markets and roadside stands in some cases.

See how to build a PR list and social business network on the World Wide Web to gain thousands of dollars in free publicity.  I even share my most secret results on my marketing so you will know why sometimes you sell more units of a product at $49 instead of $29.

Learn how one couple used ads about retirement to supplement their retirement income and received free trips all over the world.

Learn how we have made money over the Internet (specific details, specific experiences, hard earned knowledge over the last 13 years!)  With an inexpensive computer you can easily run a business from home and still have tons of time left over – even if you are computer challenged.  Merri and I have certainly proven this.  We were one of the first to run a successful website and still rank high today even with millions of competitors.  The secrets in the course include a step-by-step approach.

Merri and I with our webmaster, David Cross, were leaders in beginning internet micros businesses and have sold millions over the web.  You gain ways to earn global income over the net from that experience as well.

Business people or professionals who want to add an extra profit center to their business or who want to change their business entirely will benefit.  Those who want more control over their career can profit.  Plus those who love global travel and want to turn their trips into profitable tax deductions!

Even older entrepreneurs are taking advantage of technology.  One of our friends and clients, Mickey E., was a 72 year old real estate broker, when she began a small global business.  With just a computer and internet, she created publications that attracted English real estate buyers.  This allowed her to become a top sales person in the biggest real estate firm (selling over a billion dollars of real estate a year) in town.  She later used the tactics she learned to move to Ecuador (in here late 70s) and start a micro business there.

This course is also for couples who want their own business or who want to have a business together or a family business.

This is the perfect course for those who can no longer find employment, who are looking for ways to earn abroad and who wish to retire and supplement their income.

Whether you are retired, an investor, chiropractor, doctor, dentist, professional or already own your own business, this offers another way to make money, to turn your passion into profit. We guarantee that we have shared all we know to help you start and run your own international business.  Enjoy and live a life of following your Passion to Profit… through an International Business.

The course is so complete Merri and I extend our “no fooling around-complete satisfaction guarantee”.

If you are not fully satisfied in any way,  just tell us within 60 days and we’ll send you a 100% full refund with no questions asked.

Normally to order our entire “Live Well and Free Anywhere” program would cost $299.

Right now you can get this program FREE.

Currently you can join The International Club with a 50% pandemic discount.  Save $598.23 because part of club membership is the $299 Self Publishing course FREE.

I want to help you gain the experiences that Merri and I have gained living,working, investing globally and loving every minute of it.    That’s why decades ago we created the International Club so we can share everything we learn and write about.

Club members start by receiving seven workshops and courses on how to earn everywhere with home micro businesses.  We call this our “Live Well and Free Anywhere Program”.   The program contains a series of courses and reports that show ways to earn and be free. These courses and reports are:

  • The course “Self Fulfilled – How to Write to Self Publish”
  • The course “Event-Full – How to Earn Conducting Seminars and Tours”
  • The course “International Business Made EZ”
  • Video Workshop by our webmaster David Cross
  • The entire weekend “Writer’s Camp” in MP3
  • The report “How to Raise Money Abroad”
  • Report and MP3 Workshop “How to Gain Added Success With Relaxed Concentration”

The fee for this package is normally $299.

Club members also learn ways to be be healthier and have more energy.  

Ecuador Shamans

Here I am in the deep Amazon studying with a shaman.

I have created three natural health reports based on 50 years of study with healers around the world about:

#1: Nutrition

#2: Purification

#3: Exercise

Recent news about Social Security, pensions and health care shows that the US government has excessive debt today and that we as individuals need tactics to make sure, when governments, pensions and insurers weasel out of their promises, that we can take care of ourselves.

One big broken promise is Social Security and Medicare.  The most recent Social Security trustee report shows that the programs will begin to spend more than they earn within just three or four years.   The Medicare hospital-insurance trust fund, could use all its reserves by 2028.  They face insolvency over the next 20 years because Social Security runs totally out of money by 2034.

My three natural health reports help learn ways to be happier, healthier and avoid much of the Western disease management (aka healthcare) expense.

Each report is available for $19.95.  However you’ll receive all three FREE as club member and save $59.85.

Next, club members participate in an intensive program called the Purposeful Investing Course (Pi).  The purpose of Pi is finding value investments that increase safety and profit.  Learn Slow, Worry Free, Good Value Investing.

Stress, worry and fear are three of an investor’s worst enemies.  These destroyers of wealth can create a Behavior Gap, that causes investors to underperform in any market good or bad. The behavior gap is created by natural human responses to fear.  Pi helps create profitable strategies that avoid losses from this gap.

Lessons from Pi are based on the creation and management of numerous Model Portfolios, called Pifolio.

We combine the research of several brilliant mathematicians and money managers with my years of investing experience.

fibonacci

Learn how the Fibonacci Spiral impacts stock markets when the are 60% up or 30% down.

There are no secrets about this portfolio except that these mathematicians ignore the stories from economic news (often created by someone with vested interests) and is based mainly on good math that reveals the truth through financial news.

The Pifolio is a theoretical portfolio of MSCI Country Benchmark Index ETFs that cover all the good value markets using my 50 years of global experience and my study of the analysis of four mathematical investing geniuses (and friends).

This is a complete and continual study of what to do about the movement of international major and emerging stock markets.  I want to share this study throughout the next year with you.

This analysis forms the basis of a Good Value Stock Market Strategy.  The analysis is rational, mathematical and does not worry about short term ups and downs.  This strategy is easy for anyone to follow and use.  Pi reveals the best value markets and provides contacts to managers and analysts and Country Index ETFs so almost anyone can create and follow their own strategy.

The costs are low and this type of ETF is one of the hardest for institutions to cheat.  Expense ratios for most ETFs are lower than those of the average mutual fund.  Little knowledge, time, management or guesswork are required.  The investment is simply a diversified portfolio of good value indices.  Investments in an index are like investments in all the shares of a good value market.

Pi opens insights to numerous long term cycles that most investors miss because they have not been investing long enough to see them.

The Pi subscription is normally $299 per annum but as a club member you receive Pi at no charge and save an additional $299.

There are two more reports I’ll send about the most exciting opportunities I have seen since we started sending our reports on international investing ideas more than three decades ago.  The trends are so clear that I created a short, but powerful report “Three Currency Patterns for 50% Profits or More.”   This report shows how to earn an extra 50% from currency shifts with even small investments.  I kept the report short and simple, but included links to 153 pages of  Good Value Stock Market research and Asset Allocation Analysis.

The report shows 20 good value investments and a really powerful tactic that shows the most effective and least expensive way to accumulate these bargains in large or even very small amounts (less than $5,000).  There is extra profit potential of at least 50% so the report is worth a lot.

This report sells for $29.95 but when you become an International Club member you’ll receive the report, “Three Currency Patterns For 50% Profits or More” FREE.

Plus get the $39.99 report, “The Silver Dip” free.

With investors watching global stock markets bounce up and down, many missed two really important profit generating events over the past two years.  The price of silver dipped below $14 an ounce as did shares of the iShares Silver ETF (SLV).   The second event is that the silver gold ratio hit 80 and has remained near this level, compared to a range of the 230s only two years ago.

These two events are a strong sign to invest in precious metals.

I prepared a special report “Silver Dip” updated in late 2018.   The report explained the exact conditions you need to make leveraged silver & gold speculations that can increase the returns in a safe portfolio by as much as eight times.  The purpose of the report is to share long term lessons about speculating in precious metals gained through 30 years of speculating and investing in gold and silver.  Now with the stock market crash this report is more valid than ever.

Save $598.23… when you become a club member.

Join the International Club and receive:

#1: The $299 “Live Well and Free Anywhere Program including our Self Publishing Course”.  Free.

#2: The $299 Purposeful investing Course (Pi).   Free.

#3: The $29.95 report “Three Currency Patterns For 50% Profits or More”.  Free.

#4: The $39.99 report “Silver Dip 2019”.  Free

#5: The three $19.99 reports “Shamanic Natural Health”.   All three free.

#6: The $39.99 “Live Anywhere – Earn Everywhere” report.  Free.

#7: Plus updates and other report I release in the year ahead.

These reports, courses and programs would cost $767.73.

The International Club membership is $349 so the 2020 membership normally saves $418.78.

However due to the COVID-19 Pandemic we have cut membership in half and are currently accepting the discounted membership of $174.50 today.  You save $598.23 instead!

Then because this global recovery is going to take years, we’ll maintain your membership at just $99 a year rather than $349.  Your membership will be autorenewed in 2021 at $99, though you can cancel membership at any time.

Save $598.23.  Join the International Club for just $174.5o.   Receive all the above online now, plus all reports, course updates and Pi lessons through the rest of 2020 and into of 2021  at no additional fee.

Don’t miss this opportunity.  Sign up with this special offer.

Click here to become a member at the discounted rate of $174.50

Gary

 

(1) www.wsj.com: U.S. Business Price Growth Came in Hotter Than Expected Last Month

(3) www.garyascott.com: How to have real safety

(2) www.nytimes.com: Federal borrowing deficits car payments

New Tax Law Enforcement


Plans to enforce a 2015 tax law must give us pause.

hadrians wall

Image from Hadrians-wall.org

There has been a lot of controversy about building the US southern border wall.  We’ll see what happens with that but here is a thought to chew on regarding the idea behind the wall.  Everyone is thinking that it is all about keeping people out of the USA.

This US wall is not a first.  Everyone knows about the Great Wall of China.  The majority of the existing wall is from the Ming Dynasty (1368–1644) so is about 650 years old.

Much older but less spectacular is Hadrian’s Wall.  The construction on some sections was so strong that they remain standing nearly 2000 years after they were built.

Both walls were built to help control import taxes and control the movements of people coming into or leaving a domain.  There is some conjecture that Hadrian’s Wall was built more to keep the citizens controlled by Rome in rather than keep the “Picts” out.

We know that the East Germans did not build this wall to keep the West German’s out!

berlin wall

Image from http://history1900s.about.com/od/coldwa1/a/berlinwall.htm

The purpose of a wall along America’s southern border, if built, should be some food for thought when you read this note from my friend and attorney, Leslie Share.  I have known Leslie about 30 years and trust what he says.

Leslie wrote: “In case your readers aren’t already aware of it, I have included below a link to the IRS website which may be of interest to them. It discusses a soon to be implemented law [IRC Section 7345(f)]  (1) that was enacted in late 2015 but has not yet been enforced. In essence, US citizens who owe more than $50,000 (indexed yearly for inflation) in federal taxes, interest and penalties who have already been through the IRS administrative process could have their passports revoked or their use limited to being able to return to the United States.

“In the current immigration environment, the enforcement of this law will only make things worse. Our immigration attorney just returned from a major seminar in Miami at which he spoke.  He mentioned, not surprisingly, that everyone there was immensely frustrated with the current state of immigration  procedures”.

LESLIE A. SHARE is a shareholder in Packman, Neuwahl & Rosenberg, P.A., specializing in the areas of domestic and international tax, estate and wealth preservation planning.  He has advised clients in such diverse areas as Broadway theatrical productions, domestic and foreign real estate like-kind exchanges, Internet sales tax planning, advanced domestic and foreign wealth preservation techniques, U.S. tax treaties, Internal Revenue Service examinations and voluntary compliance programs and preferred structures for inbound and outbound business and investment planning. Mr. Share has presented on these topics throughout the world and has written many articles for publications such as the Florida Bar Journal, Asset Protection Journal, Entertainment Law & Finance, Estate Planning, the University of Florida Law Review, and an American Bar Association book entitled Foreign Investment in U.S. Real Estate-A Comprehensive Guide, along with several times being recognized as an Florida Institute of CPAs Outstanding Discussion Leader. He is listed in Best Lawyers in America and Florida Super Lawyers in the field of Tax Law and is AV rated by Martindale-Hubbell. Mr. Share received his B.A. from Northwestern University, his J.D., with honors, from the University of Florida, and his Master of Laws in Taxation from New York University.

For more details and assistance Leslie Share:  email address is las@pnrlaw.com

When should we start to worry about this?  According to the IRS page… early 2017.

irs

(Note on the IRS Section 7345 tax page)

What can I say?  This leaves me sort of speechless so I’ll leave you with the lyrics from a great old  song sung by Bing Crosby and the Andrew Sisters

“Oh, give me land, lots of land under starry skies above – Don’t fence me in –  Let me ride through the wide open country that I love – Don’t fence me in – Let me be by myself in the evenin’ breeze – And listen to the murmur of the cottonwood trees – Send me off forever but I ask you please – Don’t fence me in”.

Gary

(1) www.irs.gov/businesses/small-businesses-self-employed/revocation-or-denial-of-passport-in-case-of-certain-unpaid-taxes

Live Anywhere – Earn Everywhere

How to Gain Extra Freedom – While Almost Everyone Loses Theirs.  Profit from post COVID-19 trends.

I invite you to join Merri and me in expecting the world to get better… to live and earn based on that expectation but…  to also prepare for bad times as well as good.

Just in case… the world goes sideways… we will still survive and prosper.

We do not give up anything much.  We can enjoy the good parts of the new economy, as we protect ourselves from what can be bad.

For example in my report “Live Anywhere-Earn Everywhere”,  you’ll see how to make your dining room table bring you more control, more time, more income and more freedom.  After all, what can be more accessible than a dining room table?

ecuador-banks

Dining room tables we worked from (and we also sold the tables for a profit).

You’ll even learn how to turn dining room tables into income and tax deductions as we have with these dining room tables we build out of local wood.

Let me be clear.  I expect that the world will get better, at least for the few who adapt and avoid the dangers that the changes from the COVID pandemic will bring. 

The wealth of the world, albeit with inequality, will continue to grow.  This collapse of the global economy will bring an incredible new opportunity for those who know what to do.  Thes profit making avenues offer enormous income potential and even work well in disaster scenarios.

Let me provide one simple, concrete example.  Ginseng.

This is a great health root.  The demand is growing especially in China.  At times good dried Ginseng sells for $1,000 a pound!  This is an incredible and easy crop to grow.   The less care you give it, the more valuable it can become.  Yet if everything goes south, the health qualities will be good to have and make it an excellent barter item.  Once you know what to do with ginseng, it’s easy to grow in your back yard.

Even better one of the best kept secrets is that ginseng and 125 other medicinal crops that are currently unsustainable but can be grown on land  that is extraordinarily cheap.

goldenseal ginseng

Ginseng we grew in our back yard.  I know about growing ginseng through experience and explain why and how in the report “Live Anywhere – Earn Everywhere”.

Loquats are another example of an easy to grow crop that help promote natural health.

loquats

Here I am by one of the many loquat trees at our Florida farm.

Loquats are a great fruit for making jam and such, but the loquat leaf has amazing medicinal qualities.  Its is a registered medicine in China and due to its anti viral and respiratory system enhancing qualities has an especially  growing demand right now.   The images below from Amazon.com show that the leaves sell for about a dollar per leaf!

I have many trees on the farm but started growing loquat seedlings last year.

loquat

Loquat leaf tea has become really important during the pandemic due to its respiratory strengthening qualities.

I have been drinking a lot of home made loquat leaf tea during the pandemic.

The report “Live Anywere-Earn Everywhere” shows specific places that reduce your living expenses, easily increases your income, makes you smarter, healthier and provides tax benefits as well. 

There are specific places where property is especially inexpensive, now because previous owners do not know about the special qualities created by the pandemic.

Learn about these specific places.  More important learn what makes these places special and seven freedom producing steps that you can use to find other similar spots of opportunity.

Here are some of the experiences this report shares:

The report includes a tax and career plan broken into four age groups, before you finish school, from age 25 to 50 – age 50-to 65 and what to do when you reach the age where tradition wants you to re-tire.  (Another clue-you do not need to retire and probably should not).

The report is very specific because it is about what Merri and I, our children and even my sister and thousands of our readers have done and are doing.

Live Anywhere – Earn Everywhere focuses on a system that takes advantage of living in Smalltown USA, but earning globally.

  • Learn about the magic of the north facing slope.   This is where Merri and I live almost half of our time.  North facing mountain land is some of the least expensive in the world but has hidden values that the report reveals.  There is a lot of this land and a lot of hidden value that you can tap.   When we bought our Blue Ridge farm (252 acres) I mentioned this to my Swiss banking friend.  “That’s bigger than the entire village where I live!” was his response.  Smalltown USA offers a last chance at having a lot of space.  By living in two Smalltown places there are enormous tax advantages as well.  One step in the system saves Merri and me over $28,345 in taxes a year.

The report shows how to buy cheap north facing slopes and create an income producing tiny home for $29,000 or less.

If you lack the $29,000 to invest, a start up using tents is even less.  These are tipis we put up at our farm before we built our first tiny home.  Learn how they can create tens of thousands of dollars in income for you.

Fwd: gary-scott-tipis

  • See ways that small businesses like Tipi rentals can be enhanced by the pandemic but also create BIG tax savings as well as extra income.  For more than 30 years Merri and I have enjoyed a strong six figure income, some years more, in the millions.  Yet there have been very few years when we had to pay federal income tax.  The report lays out a three structure program and how it is used when you are in school (up to age 30), then from 25 to 50, 50 to 70  and beyond 70.   Learn why Chapter C corporations and pensions can be better than the normally recommended Chapter S.  See how new mileage log rules gives you a possible opportunity to increase your tax deductions using IRS Form 4562.  Using a two-vehicle strategy you can gain $12,976 in new deductions even if you do not have to drive one mile further or spend one additional penny on your car.
  • See how a greenhouse can help you eat better and be healthier, plus provide income and a tax deduction and be funded by a government grant.

gary-scott-farming

Our North Carolina greenhouse.

gary scott greenhouse

Our Florida greenhouse.

  • There are similar benefits from having a second home office defined in IRS publication 463 and IRS publication 587, even if your desk is a dining room table.  The report also shows how your dining room table can become an actual income producer as its creates a huge tax deduction at the same time, not to mention a great place to eat, work and lay out plans for a brighter, safer more lucrative and enjoyable future.
  • Living in this environment is also healthier, economically as well as physically.  You’ll see in the report how researchers at Harvard found an amazing correlation between living in conditions found on north facing slopes, longevity and mental health.  The researchers were quite surprised by this strong correlation that also extended into mental health.  In addition to feeling better, reducing stress and having more Joie de Vivre the places outlined in “Live Anywhere-Earn Everywhere” can help you avoid hospitals, high cost disease management (aka health care) and BIG pharma while providing an investment opportunity in three plants that have some of the fastest growing demand in natural health care.  These three plants are just one of seven business opportunities that can create multiple streams of income.
  • How changes in cell phone and internet technology eliminated the need to be in one place.   An old law that creates new opportunity for small business in small towns is available to everyone.
  • Use the specific search and purchase guide.  Construction plans are included that show how to generate first tier income that leads to five, second tier avenues of earnings.
  • How to pay off old debt and avoid new debt by avoiding spurts and embracing value. 
  • Learn seven skills that will always have value.  See how to turn First Aid, medicinal plants, hospitality, food, trees, alternate energy and writing to sell into everlasting, low stress wealth.

merrily farms

This pond we created at our farm brought us pleasure but also helped create a safe, healthy food supply, extra income and a tax deduction as well.

My Guarantee

This may be the most important report I have written in 50 years.  The information is certainly the most urgent.  Do not delay.  The risks are upon us right now and you’ll understand how the final steps of the alliance are taking place as you read the current news.

To take any risk out of gaining this urgent information with my full satisfaction or money back guarantee.  If you are not totally happy, simply let me know.  I guarantee you can ask for a full refund any time within 60 days and I’ll refund your payment in full, no questions asked.

You can keep the reports as my thanks for ordering it.

Buy Live Anywhere, Earn Everywhere Report  $39.99

Ecuador & Global Business Curves


Ecuador & Global Business Curves

Ecuador and global business ideas are important because the economic downturn has thrown many curves at most investment and business plans.

For years my advice to young people who have asked me for a good way to earn in a business has been to buy a fixer upper… fix it, live in it for two years and sell it on.  Then do this again and again.

US tax law allows for an exemption of $250,000 on one’s residence  ($500,000 for couple filing jointly).  Where else can you earn up to $250,000 a year tax free?

I double checked with my friend and tax attorney Joe Cox to make sure this exemption still works.   He replied:

Gary:  You are correct.  One or two projects at a time will not make them a
“developer”.   If they have too many projects, at the same time, they can become a developer and would be subject to ordinary income tax.   There is a $500,000 exemption.  There is  capital gain tax on excess.  This is still lower than ordinary income tax which maybe is going to 39.5%.   Joe

There are some excellent additional tax benefits for those who conduct genuine business abroad.  You can read details in my “International Business Made EZ” course which comes free with our “Tangled Web… How to Have a Web Business” course.  See how to get this course at the end of this message.

My advice to retirees who wish to live in Ecuador is live on your pension and overseas income which is not taxed in Ecuador. Then if you need extra income buy, fix up and sell a bit of Ecuador real estate.  This is tax free income as well… if like in the US you are not involved in too many projects… and become a developer.

For example, on our last real estate tour we saw these houses in Otavalo… brand new.  This Ecuador real estate ranges between $65,000 and $95,000 for very nice houses overlooking Otavalo.  New import regulations in Ecuador and inflation mean that like in the US new homes will cost substantially more.

cotacachi-real-estate

The house we visited was 3.5 bathrooms, 4 bedrooms, two dens, living, dining and kitchen areas plus small back yard. The one we saw was of a very high standard,  about 2,300 square feet and had a $95,000 asking price.

ecuador-business-hotel

Here is our group inspecting the kitchen. There are also great views.

ecuador-business-hotel

This is the type of Ecuador house you could buy and live in, or rent, then sell for a profit in a couple of years. I suspect that if this is your residence there would not be US tax (up to $250,000 or $500,000 for a couple filing jointly) either.

You can get direct tax advice about this the US tax law and benefits of an overseas business from Joe Cox at JCOX@COXNICI.COM

In addition we recommend that everyone become involved in a business that they have a passion for. Here is an example of a reader who moved to Cuenca Ecuador and is doing just this.  He sent me this note. 

Hi Gary,

The last two days of columns about Ecuador and the dollar have been extremely informative and I believe accurate.  That is not just because I agree with you.

We are doing very well in Cuenca.  We have recently become 40% non-operating partners of the local CURVES franchise which went into the black in its first month.

Next month sees the opening of VILLA NOVA INN, located on Avenue Third of December on the city side of the Tomebamba River.  It is about 20 yards  from SAKURA SUSHI, the best Japanese restaurant in Cuenca, perhaps in all of Ecuador.   This is  a new 12 bedroom hostal in which we are 25% non-operating partners that will open next month.

VILLA NOVA INN will have two suites w. cable TV, 9 double/single rooms, and 1 dormitory w. 4 bunk beds.  Prices will range from $8 a night for a bunk bed to $45 a night for a suite.  There will be cable TV and high-speed Internet in the lobby.  The entire hostal overlooks the Rio Tomebamba and has a large outdoor deck with tables overlooking the river.  Breakfast is included in the price of the room or bunk.

You can get more information on the inn from Fernanda Cueva at fercuevav@hotmail.com

These small cash generating businesses along with fully paid for condos in Cuenca and Puerto Gaviota, an adequate amount of gold & silver coins and bullion, and government secured US pension funds make us feel very secure and capable of handling whatever the present financial/economic crisis throws at us.

Like you, I believe that Ecuador is actually one of the few ideal places in the world that will handle this crisis with relative ease and grace.  To support that belief we are looking for additional small local business investments.

All this investment activity helps support our South American Fund for Enlightenment which in addition to supporting students in Ibarra has just completed its first significant project in Cuenca.  We recently completed the delivery of 12 new full sized computers to Escuela Adbdon Calderon.  The computers with 17″ flat screen monitors were assembled by skilled local labor right here in Cuenca.  The project which cost just over $5,000 was a wonderful joint effort by contributors from the United States along with ex-pats and locals here in Cuenca.

The Fund is now working to raise the final $1,500 which will supply the Escuela with a much needed copier and projector plus a couple of printers which H-P locally will toss into the mix.  We hope to finish this aspect of the project before we take off to spend the summer cruising the Greek Isles, driving around Greece and Italy and finally spending most of July and August in our condo in Puerto Gaviota.

All the best to both you and Merri.

Turn your passion into profit… earn extra income… become independent… and do more then just make money…do some extra good as the reader above is.

The four ways to profit in this economic downturn are to:

#1: Invest in shares.
#2: Invest in real estate.
#3: Invest in commodities.
#4: Invest in your own business.

This reader and his wife are doing all four recommendations.

Here is one more point about Cuenca. After a decade of searching, Merri and I settled on Cotacachi and San Clemente as the places where we would live and focus.   However, many want a more urban atmosphere and the city we find our delegates like most is Cuenca.

Cuenca is a forty minute flight south of Quito and there are to 2 to 3 flights a day, although no late evening flights. It is some 8 to 12 hours south of Quito driving depending on the state of the roads. It is a beautiful drive that Merri and I have taken many many times. For many years, Cuenca was isolated from the rest of the country so it has followed its own course all these years, which gives it a unique flavor. Here is Cuenca.

P1000862

Cuenca (the actual full name is Santa Ana de los cuatro ríos de Cuenca) is the third most populous city in Ecuador and is the capital of the Azuay Province.

It sits at about 8,000 feet altitude and is a most beautiful small city. The center of Cuenca  is listed as a UNESCO World Heritage Trust site because of its may historical buildings.

The readers above purchased a spacious and modern condo in Cuenca within walking distance to the historic colonial city center.

Cuenca condo building

They bought their Cuenca condo pre-construction three years ago and I expect have seen a nice rise in their property value.   They upgraded their condo from the original specifications, adding hardwood floors and fittings and extra lighting.

Cuenca condo living room

Cuenca condo hardwood finishes

Their 1,690 square foot condo only cost $84,800 with the extras pushed the price to around $90,000.

Cuenca condo studio

There are great  views and…

View from Cuenca condo

spacious…

Cuenca condo master bedroom

rooms.

Cuenca condo kitchen

A great boutique hotel in Cuenca is the Boutique Hotel Mansion Alcazar.

Boutique Hotel Mansion Alcazar is a beautiful sample of the unparalleled Ecuadorian Republican luxury style. The 19th-century house was restored to its original splendor and has been designed to be a home for visitors staying in the city for business or for pleasure.

The hotel looks a lot like our hotel Meson de las Flores from the outside.  Here is Meson.

ecuador-business-hotel

Here is Boutique Hotel Mansion Alcazar.

ecuador-business-hotel

But Boutique Hotel Mansion Alcazar is much more luxurious inside.

ecuador-business-hotel

This is true luxury.

ecuador-business-hotel

Our good friend of over a dozen years, Jorge Espinosa (one of the owners of the Relais & Chateaux La Mirage Garden Hotel & Spa) used his talents to renovate this charming hotel.

Ecuador Living subscribers can enjoy a discount. More details on how to subscribe are here.

The global economy may throw you some curves… but there are ways to hit economic home runs anyway. We look forward to sharing ideas for profits in this new economic paradigm with you.

Gary

To help you learn how to earn income anywhere,  I am making a special offer that ends tonight, April 3 at midnight. (I extended this deadline due to our web site crash).

You can have the “The Tangled Webs We Weave”…our course on how to have a Web Based  Business… FREE..

I launched this course earlier this year and am making a special offer…that gives you this course free…and more.

Now you can learn everything that I do to create income and have fun and fulfillment in a web based micro business.  Here is a  special offer.

This new course entitled “Tangled Webs We Weave – How to Have Your Own Internet Business” is available at $299.

This is a bargain. Merri and I have been traveling and doing international business for 41 years. We have had a web based business for over ten years. You can share everything we have learned.

However when you sign up for Tangled Web in March 2009, I’ll include two of my other emailed courses, How to be a Self Publisher and International Business Made EZ  FREE as well.

PLUS…

My webmaster is joining Merri and me at our two North Carolina courses this year for our first Tangled Web seminars.

July 24-26 IBEZ North Carolina + Tangled Web

Oct. 9-11 IBEZ North Carolina + Tangled Web

Nov. 6-8  IBEZ Cotacachi + Tangled Web

If you have ordered Tangled Web, I will reduce any of these course fees by $299!

In all you receive the emailed “Tangled Web” course, International Business Made EZ” and “How to be a Self Publisher”,  FREE when you enroll in either the July, October or November seminar.

Enroll here $299

or enroll for any of the three courses above. I’ll send all three emailed courses free right away.

We provide our standard, full guarantee. Enroll.  Try the course for 30 days. If not satisfied we’ll give you an immediate, full… no fuss refund.  This offer expires at midnight April 3, 2009.