Offshore Investing - Resorts or other Real Estate

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Does anyone have any experience in this area?

Specifically getting a property that can be used for personal vacation use, and then rented out at other times.

It seems like a huge topic to research. I would want a country where values are projected to increase, is fairly modern, and of course all the legal stuff (taxes, trying to keep everything off shore, etc).

Anyone do this? Or have any suggestions where to start my research?

TIA

[Phanuthier]

My family has 2 timeshares (1 in Las Vegas on the strip, just beside Mandaly Bay) and one in Waikiki thats beach front.

The one on Waikiki is through RCI, Las Vegas is through a smaller one.

I think a time share is a great way to start. Take a high demand one so its easy to trade.

[MoneyGuy]

Don't forget to include in your research on the possible tax ramifications of owning property in certain countries as a Canadian.

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I think our goal may be to keep the money offshore as well so it never enters Canada, so hopefully there'll be no tax implications. Though of course that's part of the research, and as you say we should still check that out just in case we do need to bring the money in.

[Cowperson]

Nicaragua . . . .

New laws there forgive capital gains for 10 years I think. Lots of money pouring in there.

Cowperson

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Heh, my wife's from El Salvador so she didn't like that idea too much Thanks, I'll put that on the list of places to check out!