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Boomers Abroad Online Community Blogs
The International Community Foundation is pleased to announce its “Retiring Responsibly in Mexico” research series with our first report “U.S. Retirements Trends in Mexico’s Coastal Communities: Lifestyle Trends and Demographics.” You can access the report here: http://www.icfdn.org/publications/retireeresearch/.
Forthcoming research studies will address trends in health care, volunteerism, philanthropy and civic engagement, real estate as well as the environment. For more information on the International Community Foundation, visit our website at http://www.icfdn.org.
By: Jim Scherrer
By: Jim Scherrer
Fifty years ago, before John Huston brought Richard Burton, Ava Gardner, and Deborah Kerr to Puerto Vallarta, Mexico to film “The Night of The Iguana”, Vallarta was merely a sleepy little Mexican fishing village nestled in the foothills of the Sierra Madres along the shores of Banderas Bay on the Pacific Ocean. Although the population at that time was only a few thousand friendly natives, the magnificent climate and incredible scenery was so inviting that Richard Burton and Liz Taylor fell in love with the village (and each other!) and bought a couple of “getaway” homes on the hillside overlooking the city.
By Lisa Leuthesser,
Stephen Harris, a reporter from the Overseas Property Professionals magazine contacted us recently for our opinion on the election of President Martinelli and its impact on Panama's economy in general and the real estate market in particular. Below are some of his questions and our answers:
Q. How do you think the election of President Martinelli will effect Panama’s standing in the business world? Are investors likely to see the country differently?
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Jul 14
2009
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Jul 14
2009
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By: Jim Scherrer
Do you remember your first few vacations to the beach as a child with your parents when you had your little shovel and bucket and could let your imagination run wild as you built sand castles with moats around them?
Obviously, we were not the first to mold sand. Sand sculpting as an art form has been around for thousands of years; it is conjectured that the ancient Egyptians made sand models of the pyramids.
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May 07
2009
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Reverse mortgages have become an increasingly important financial tool for people 62 and older who want to remain in their home and fund their retirement. And, with 78 million Baby Boomers approaching retirement, interest is expected to grow.

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Apr 25
2009
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The 1031 Exchange and Foreign PropertyPosted by Thomas Phelan in tax deferred , tax deferred , tax avoidance , tax avoidance , Retirement destinations , Retire in Mexico , Mexico Real Estate , Mexico , IRA , Investment , Investment , foreign property , foreign property , Baby Boomers , 1031 Exchange , 1031 Exchange |
The mystery of being able to 1031 Exchange USA property for foreign property and thus avoid paying capital gains tax on profits realized is not quite as old as alchemy but I am amazed how many times I am asked if this can be done.
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Apr 15
2009
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The Boomers Abroad team is very excited and want to share with all of our visitors, readers, friends and members that we made our first press release toady, April 15, 2009.
Puerto Vallarta, Mexico has become one of the most popular tourist resort destinations in the world. Because Vallarta is located along the Mexican Riviera on the Pacific Ocean, a substantial portion of these tourists arrive by boat; the majority in large cruise ships, however many come in their private yachts.
There are so many exciting places to visit in the world. Many are better to visit than to live but that depends on your critera for a retirement or 2nd home location.
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Apr 05
2009
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Roatan? Where is that?






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