Expat Files - 06/06/14

-Lately there have been some frantic emails coming in from expat wannabees and gonnabees who own gold up in the states. They are quite concerned about things up there and hope to move their physical metal to their Latin country of choice. In this episode we discuss some of the right and the wrong ways of going about it. 

-Now on the subject of transporting gold, we sadly relate a sorry tale of an unprepared, non-Spanish speaking, somewhat clueless gringo who got himself in some big trouble while carrying his gold through the airport in Mexico City. For his troubles, he did get his gold back but it cost him two weeks in jail and $60K.     

 

-What about gringos and Latin jails and prisons? You may have heard rumors that in Latin America gringos are sometimes arrested on trumped-up charges and some end up in medieval prisons for years before even getting a trial… like in that TV show “Locked up Abroad”. Well the fact is that statistically, gringos and expats living abroad are about 50 times LESS likely to end up in jail or prison than the average Latin person. So ironically, any unlucky gringo that ends up in a bad spot like that will be such a rarity that he’ll have a solid “gringo advantage” behind bars. Not much to look forward to, but just thought you’d like to know.        

 

-My upcoming JULY, 2014 “Expat Wisdom” seminar is set to go so. The dates will be Saturday, July 12 thru Thursday, July 17. The agenda and complete signup details are on the www.ExpatWisdom.com website main page. Just click the Latin American Seminar link on the top of the main page and check it out.

 

-Do follow the link on the main page at www.ExpatWisdom.com to schedule a private consultation with me. If you want to discuss the details of living, working, playing, doing business and/or retiring in Latin America, now you and I can talk about your situation one on one.