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Where to invest money and live abroad?
#4

Where to invest money and live abroad?

You have to look out for where is a better deal to invest your money. The current global economy and the oil prices have a huge impact in oil producing countries, specially underdeveloped. This price decrease caused their currency to go down vs the USD. Look out for a stable underdeveloped country where your american money is worth more, thus have more adquisitive power. Latin america had it pretty bad. Venezuela is currently under a sort of dictatorship so it is not a safe bet to buy private property. I can give you the example of Colombia because I live here.

As of early 2016, the colombian peso has weakened by about 40% in comparison to the USD, within the last 6 months. Real state is pretty darn cheap and the prices are constantly going up, so you will have a good return on invested property.

Like Colombia, there must be a couple of other countries that have this same characteristics.

200k is a good amount in a developing country, however if you manage it poorly you will end up loosing very easily.
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