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Old 02-17-2010, 09:33 AM   #14
Ed B
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Join Date: Mar 2003
Location: Middletown, RI
Posts: 304
Quote:
Originally Posted by piemma View Post
My brother has been fishing Belize for the last 3 years. Says you can get a 3 bedroom house Ocean view for $80K. Comes with a maid and a gardener.

Personally, I retired in November and I am going to rent in Florida for 3 months in the Winter and stay here. You can rent a real nice place for $2K a month near Marco Island. Naples, Ft. Myers, Port Charlotte.
$6K a Winter and no upkeep, taxes etc. Get back here for trout and schoolies in April.

What Paul said Stay in the States if you want to relocate. Renting for 3 months sounds pretty good to me and if you want to try the fishing somewhere else next year, just rent somewhere else.

I have been to Costa Rica and the fishing opportunities were outstanding. I know guys who went to Panama before they started having problems and they had a great time, and a guy I worked with had inherited property in the Honduras. One thing everyone had in common, they would not want to live in the fishing areas fulltime. The main reason is that because the fishing tends to be better in the more remote areas, you have property that is noticeable to the poorer people in the region. Most of the nicer homes I saw had gates and utilized armed guards when the owners where not home. I'm sure the lifestyle is different if you are part of a resort or retirement community area, but you have to really know the areas before you buy. I would not casually walk into investing in foreign countries as there are many legal obstacles you will encounter to which residents are not subject. If you decide to look into foreign countries, don't trust the advice of real estate agents until you thoroughly research the legalities with a knowledgable attorney and are very familiar with the area you are interested in.

Ed
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