Originally Posted by Webby

Couple of things Greg... agree with you on Honduras and several other Latin American countries as regards social unrest. Panama is not such a country - and same with Costa Rica.

To be honest, tho Belize is OK, but has too many problems re real estate - and the opportunities are more limited.

Panama along with Costa Rica is probably in top of the list for the world as regards real estate - in fact, Biz Weekly rated CR in the top three countries. There is simply no comparison with most other nations.

johnafacade is pretty much 100% on target about Panama and rest assured, he will be doing a nice deal with 5% of investment profits for a two year period

Bluntly.. I've earned on one project alone.. $6.4 mill - and this year on just capital gain alone, going to be.. around another $3.2 mill. (And not one bank, finance house or credit facility on the horizon.) Also got a load of very happy investors on other stuff who have earned, up to Jan this year, - a seven-fold increase in their investment over 30 months - and a very nice profit for this year to come - which they have not been told about yet

There is a serious ... kinda blindfold in place when trying to compare foreign real estate investment (tho depends on the country) to "conventional rat-race" real estate. They could not be further part.