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RealtyCast Global #12: A Strategic Guide to Purchasing Real Estate in Panama with Arnulfo Arias

RealtyCast Global #12: A Strategic Guide to Purchasing Real Estate in Panama with Arnulfo Arias

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Welcome to episode #12 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

Panama has emerged as a focal point for global real estate investors, boasting a thriving market influenced significantly by the legendary Panama Canal.

The canal not only serves as a pivotal commercial waterway but also as a catalyst for the nation’s economic and infrastructural development. In this episode, we’re graced by the insights of Arnulfo Arias, a figure with a storied political background and an authority in post-dictatorship Panama. His extensive experience as a government official and advocate for foreign investment positions him as an invaluable guide through the intricacies of the Panamanian property market.

The episode embarks on an educational journey that ventures beyond the basics of real estate investments. It delves into the unique aspects of Panama’s legal climate and how it intertwines with property ownership rights. Arias illuminates the public registry system of Panama, an entity in operation since 1916, ensuring the security and transparency of property transactions. This registry stands as a testament to the country’s commitment to legal safety, rendering the need for title insurance obsolete in many cases.

As potential investors explore opportunities in Panama, understanding the local transaction process is crucial. The episode meticulously outlines each step, from earnest money agreements to the closing phase, accentuating the importance of clarity in terms and conditions to avoid pitfalls. The expert guidance offered by Arias emphasizes the necessity of due diligence, recommending working with licensed professionals and conducting a comprehensive title search to identify any potential issues, past or future, with the property.

The episode concludes with a robust discussion on the legal ownership transfer process. Arias underscores the gravity of drafting a public deed of sale through an attorney and the finality of recording the deed for public knowledge. He stresses the financial wisdom of securing transactions through a bank or secure method until the property’s title is officially registered. This not only solidifies legal ownership but also safeguards the interests of both buyer and seller.

Listeners of this episode are treated to a masterclass in real estate acquisition within Panama, an enlightening experience that provides clarity on the strategic approach to navigating this market. With the expert guidance of Arnulfo Arias, potential investors are equipped with the knowledge and confidence to stake their claim in the vibrant real estate scene of this strategic Central American nation.

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

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About the Guest – Arnulfo Arias:

Mr. Arias’s legal practice focuses mainly on commercial and civil matters, plus taxation and government administrative issues. Corporate practice includes advising corporation structure, corporate governance issues, living wills, estate planning structures, and civil and commercial contracts in general.

Arnulfo is an activist in social and humanitarian programs, a writer and weekly columnist, and is heavily involved in politics by family tradition. His grandfather, Arnulfo Arias Madrid, was president of Panama on three different occasions, during which Arnulfo was appointed as Director of Foreign Direct Investments of Panama.

PRATICE AREAS

  • Civil law
  • Business and Corporate Law
  • Tax law
  • Administrative law
  • Real Estate Law
  • Education & Bar Admission
  • Law and Political Science, USMA
  • Taxation, UNESCPA
  • Political Science, University of Lima, Peru
  • Foreign Direct Investment Studies, Chinese Culture University, Taipei, Taiwan
  • Associate in Arts, Florida Community College, Jacksonville Florida, USA
  • BAR ADMISSION:  Since 1998
  • LANGUAGES:
  •  Spanish & English

Website: https://navarroguardia.com/

Phone: +507 225-0990

Email: aarias@navarroguardia.com

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America

#10 Navigating Expat Life and Real Estate Investing in Belize with Michael Cobb.png

RealtyCast Global #10: Navigating Expat Life and Real Estate Investing in Belize with Michael Cobb

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Welcome to episode #10 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

Belize, often referred to as Mother Nature’s best-kept secret, is quickly becoming one of the most intriguing destinations for global investors and expatriates seeking a slice of paradise combined with a sound investment. This tiny Central American nation, with its diverse landscapes ranging from pristine beaches to lush rainforests, offers a wealth of opportunities for those looking to diversify their portfolio or embark on a new chapter in their lives.

Michael Cobb, CEO of ECI Development, joins us again to provide an insightful look into the burgeoning real estate market in Belize. As a seasoned investor who witnessed Belize’s evolution from a hidden gem to a burgeoning tourist and investment destination, Michael shares valuable perspectives on the potential that Belize holds.

During the episode, we explore how the transformation of Belize’s real estate market parallels the country’s own journey from a British colony to an independent nation with English as its official language. The unique combination of a stable government, common-law legal system, and low property taxes makes Belize an attractive option for investors, particularly when compared to other Caribbean and Central American nations.

The conversation delves into the intricate tapestry of life as an expatriate in Belize. With anecdotes about living on Ambergris Caye and the contrast between expat life in Belize and Nicaragua, the discussion emphasizes the importance of finding a destination that fits one’s lifestyle preferences. Whether one is seeking a serene beachfront haven or an adventurous jungle retreat, Belize offers an array of environments to suit a variety of tastes.

A key focus of the episode is on the growing trend of digital nomads and pre-retirees looking for an idyllic setting to work remotely or enjoy an early retirement. Belize, with its ease of communication for English speakers and the rise of remote working, is an ideal locale for this demographic. It is particularly appealing for those in their 50s and 60s who are not quite ready to retire but eager to enjoy a more relaxed pace of life while still remaining productive.

Real estate investment in Belize, especially in areas like Ambergris Caye, is underscored as a lucrative venture due to the island’s popularity with tourists. The discussion covers the value of investing in branded properties and the increasing trend of visitors converting their short-term stays into long-term residences, thanks to the welcoming digital nomad visa programs.

Furthermore, the episode touches on the role of cruise ships in catapulting Belize onto the global tourism stage. Despite initial resistance from local hoteliers, the influx of cruise ship visitors has resulted in increased visibility for Belize, leading to a higher demand for accommodations and bolstering the country’s popularity among international travelers.

Throughout the conversation, Michael Cobb offers strategic insights into the current ‘sweet spot’ of Belize’s development curve, highlighting the optimal timing for investment before the market peaks. He explains the correlation between the country’s growing popularity and the potential for high occupancy rates and attractive average daily rates for rental properties.

In essence, the podcast episode paints a picture of Belize as a country ripe with opportunity, both for individuals seeking a change in lifestyle and for investors ready to capitalize on the burgeoning real estate market. With its combination of natural beauty, strategic location, and favorable investment conditions, Belize stands out as a destination with profitable horizons for those willing to take the plunge into its real estate adventure.

For more information on living and investing in Belize, check out Michael’s Consumer Resource Guide (click here to download the guide).

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

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Google Podcasts

About the Guest – Michael Cobb:

At the height of a successful career in the computer industry, Mr. Cobb left to pursue more pioneering opportunities in the emerging real estate markets of Central America.  In 1996, he and his business partner formed a company, Exotic Caye International, to provide loans to North Americans purchasing properties in Belize, Honduras and throughout the region.  As the need for capital outstripped the supply, the mortgage company was converted to an international bank under the jurisdiction of Belize.  It continues to provide mortgage services but has expanded its services to encompass the full realm of financial products. 
 
Mr. Cobb also saw the need for a regional real estate company that would serve the Baby Boomer consumer with a North American standard product for the next 2 decades.  He led the group into real estate development and created a holding company for several properties including a resort on Ambergris Caye, Belize. In August of 2000, Exotic Caye purchased 3.5 miles of Pacific Beachfront property due west of Managua, Nicaragua. 

This master planned community hosts world class infrastructure, homes and condominium units.  In February of 2006, the ECI Development group acquired 1100 acres and 3km of coastline in Costa Rica, setting the stage for expansion into this popular market.  Most recently they merged their Belize property with a much larger parcel and have begun to develop 200 condominiums units on Ambergris Caye, Belize. 
 
Additionally, Mike Cobb has spoken at hundreds of international conferences about real estate financing and development.  He has acted as a consultant to The Oxford Club and gives counsel to various real estate projects throughout Central America.

Website: ecidevelopment.com

Phone: +1.703.795.2555

Email: mcobb@ECIdevelopment.com

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America
RealtyCast Global #9 Mastering Currency Exchange for International Property Investment with Christian Assal

RealtyCast Global #9: Mastering Currency Exchange for International Property Investment with Christian Assal

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Welcome to episode #9 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

When it comes to international property investment, the importance of understanding currency exchange cannot be overstated. RealtyCast Global’s latest episode featuring Christian Assal from Currencies Direct offers an in-depth look at how foreign exchange markets can be the deciding factor between success and failure in real estate investments abroad.

Christian Assal brings to light the often-overlooked aspect of foreign property investment – the exchange rate. He explains how choosing a specialized foreign exchange company over traditional banks could result in significant savings. This is particularly crucial given that currency exchange rates are influenced by a multitude of factors including interest rates, economic data, and geopolitical events.

As the global economy continues to evolve, so too does the landscape of investing. The episode delves into the unpredictable nature of the foreign exchange market, especially following impactful economic events like the recent surge in lumber prices. Christian provides strategic advice on managing currency exposure through methods such as diversification and hedging, highlighting the importance of aligning investment risks with one’s personal risk tolerance.

The podcast doesn’t shy away from the latest hot topic in the investment world – cryptocurrencies. Christian discusses the volatility of Bitcoin’s value and the potential dangers of making emotional investment decisions. The episode also makes bold predictions about the evolution of online trading platforms, mobile app innovations, and the pivotal role of blockchain technology in ushering in a financial revolution.

Furthermore, the conversation takes a turn towards regulatory futures, stressing the significance of staying informed on current events to make educated decisions in foreign exchange investments. This insight is particularly valuable for those looking to capitalize on the shifts in the digital investment landscape.

Christian Assal’s expertise shines through as he discusses how Currencies Direct provides competitive rates and faster delivery times, saving clients considerable amounts of money on currency conversions. The company’s focus on undercutting traditional banking fees presents a compelling case for investors to reconsider their approach to international fund transfers.

The podcast wraps up with a discussion on the future of foreign exchange and investing, emphasizing the need for regulatory compliance in the cryptocurrency space and the continued advancement of trading tools and security measures. Christian’s bullish outlook on the future of investment platforms and blockchain technology promises exciting times ahead for global investors.

Overall, the episode serves as a comprehensive guide for anyone looking to navigate the complex world of currencies and international property investment. It underscores the critical role of currency exchange knowledge in maximizing investment returns and offers a roadmap for investors to thrive in the digital era.

Make sure to listen to other episodes of RealtyCast Global.

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

Apple Podcasts

Spotify

iHeartRadio

Google Podcasts

About the Guest – Christian Assal:

Christian Assal is the Business Development Executive with Currencies Direct.  Currencies Direct is a premier option for your clients to exchange their currency securely and effortlessly.  We assist foreign buyers and sellers by offering them far better rates of exchange than they receive from their bank when making transfers, we have multiple routes for your clients to choose from when transferring their now secure exchange, with of course one of the top foreign exchange firms in the industry to ensure risk mitigation.

This provides an additional service you can offer your clients, and even better, we allow you and your clients to keep their focus on the excitement of buying a beautiful property, all the while knowing that Currencies Direct has the transfers handled throughout from the first contact until the close. Your clients can always speak with me and ask any questions all along the way.

In addition, we have an affiliate partner program that is designed specifically for agents like you and is free for you and your team.  The program enables your clients to take advantage of our exchange rates saving them large amounts of money when transferring funds internationally.  We can manage and update you and your client on the entire payment process from first contact to close, and provide you and title companies transfer confirmations, all while ensuring your clients receive the best exchange rates.   We also offer optional RESPA-approved referral fees for introductions to clients who utilize our services if that is something you are interested in. 

Connect with Christian on LinkedIn: https://www.linkedin.com/in/chrisassal

Contact Christian: christian.assal@currenciesdirect.com

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America
RealtyCast Global #8 Madrid Real Estate Market & Spanish Culture with Antonio Barbosa

RealtyCast Global #8: Madrid’s Real Estate Market & Spanish Culture with Antonio Barbosa

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Welcome to episode #8 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

Madrid, Spain, is not just a city; it’s a way of life—a blend of rich history, vibrant culture, and a dynamic real estate market. Navigating this market requires a nuanced understanding, something that Antonio Barbosa, a seasoned real estate professional from Infinite Solutions in Portugal, offers in abundance. In the latest podcast episode, Antonio is back and delves deep into the heart of Spain’s capital, offering an expert guide to those looking to call this lively city home.

The allure of Madrid is multifaceted, with its strategic central location and distinct seasons creating a living experience that is both vibrant and varied. This diversity extends to the real estate market, where the priorities of urban dwellers—lifestyle, work, and education—contrast with the laid-back coastal life sought by many. Antonio explains that, in Madrid, clients often look for properties that serve as more than just holiday homes; they are looking for places that enhance their quality of life, support their professional aspirations, and provide access to top-tier education.

However, the process of buying property in Madrid is markedly different from that in the U.S. The absence of title companies and escrow, the role of notaries, and the nuances of securing loans as a foreigner are all parts of the complex tapestry that buyers must navigate. Antonio provides invaluable insights into the financial aspects, such as the influence of the Central European Bank on interest rates and the possibilities for foreigners to obtain loans for property purchases in Spain.

The conversation then shifts to the importance of finding the right community, a key element for a smooth transition into a new life abroad. Whether it’s for retirees or families, understanding the local social fabric is essential. Antonio’s advice is not just theoretical; he shares practical steps for connecting with the right people and leveraging referrals, easing the integration process for newcomers to regions like Portugal and Spain.

The podcast episode doesn’t just offer advice; it paints a picture of Spanish life that goes beyond the bricks and mortar of real estate. Discussions about the cultural significance of siestas, tapas, and the Spanish approach to meals and social gatherings offer a taste of what it means to truly live in Madrid. Antonio’s passion for the city is evident as he discusses the local cuisine, the significance of sports—particularly football—and the factors that make Spain a safe and desirable destination for expatriates.

For anyone considering the leap to Spain or Portugal, the episode with Antonio is not just a must-listen—it’s a gateway to understanding the essence of Spanish living. His insights serve as a compass, guiding listeners through the labyrinth of Spanish real estate and the rich tapestry of its social traditions. With a focus on integration, community, and embracing the Spanish lifestyle, the episode is a treasure trove of information for those ready to embark on a new adventure in the vibrant landscape of Madrid.

In conclusion, Antonio Barbosa’s discussion on Madrid’s real estate and cultural wonders is a comprehensive guide for anyone looking to plant roots in Spain. With his expertise, listeners are equipped to navigate the intricacies of the Spanish property market and embrace the full spectrum of life in one of Europe’s most enchanting cities.

The world of US immigration may be intricate, but with the right guidance and understanding, it is not an insurmountable challenge. Tune into this episode of RealtyCast Global to gain an enlightening understanding of US immigration and its impact on the real estate industry, as shared by one of America’s leading immigration attorneys, Karen Weinstock.

Make sure to listen to other episodes of RealtyCast Global.

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

Apple Podcasts

Spotify

iHeartRadio

Google Podcasts

About the guest – Antonio Barbosa:

António Barbosa is a REALTOR® living in Portugal and with more than 20 years of experience in Real Estate. He will tell you that he doesn’t sell homes; He fulfills lifestyle dreams. He’s a charming man with the most disarming smile who makes friends wherever he goes. If you are not his friend, it’s because he hasn’t met you yet!

He prides himself in being part of the decision of more than 500 families making Portugal their new home. In addition, He considers his biggest achievements in life the personal and business relationships he built, which led to long-lasting friendships not only with his esteemed clients but also amongst his distinguished colleagues!!!

He’s happiest helping people to find a home or wealth investment property in Portugal or worldwide. His company name is “Infinite Solutions”, and it’s a perfect name because he’s not problem-oriented, he’s all about solutions.  

He’s also a world traveler and foodie, so if you need a solution of where to go for dinner, on vacation, or where to buy your next lifestyle property, he’s your person! He speaks fluent Portuguese, English, and Spanish.

Antonio is a proud Member of FIABCI-USA as well as NAR® and holds the CRS® / CIPS® and ABR® designations.

Antonio’s website: https://www.infinite-solutions.pt/

Connect with Antonio on LinkedIn: https://www.linkedin.com/company/infinite-solutions-by-antonio-barbosa/

Contact Antonio: antonio.infinitesolutions@gmail.com

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America
RealtyCast Global #7 Demystifying US Immigration Laws & Purchasing Real Estate with Karen Weinstock

RealtyCast Global #7: Demystifying US Immigration Laws & Purchasing Real Estate with Karen Weinstock

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Welcome to episode #7 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

The Immigration Nationality Act of 1952 stands as an archaic law in dire need of revision to accommodate the current workforce realities. In the latest episode of RealtyCast Global, Karen Weinstock, the managing attorney of Weinstock Immigration Lawyers, spotlights the urgent necessity for an overhaul of this antiquated legislation on US immigration. An immigrant herself, Karen brings her personal insights to the fore, outlining the law’s inconsistencies and the pressing demand for reform.

In a captivating twist, the conversation explores the labyrinth of foreign nationals acquiring property in the United States. Debunking common misconceptions, we delve into the constraints non-US citizens face when attempting to procure a mortgage and gain employment in the US. Karen underscores the significance of an active business investment for securing an investor visa, shattering the myth that mere real estate purchase suffices.

Weinstock Immigration Lawyers have assisted numerous Fortune 500 and publicly traded companies to secure global talent and ensure a seamless transition for foreign employees and their families. Karen’s unique blend of professional expertise and personal immigration experience equips her to guide clients through the intricate US immigration system.

The dialogue extends into the realm of immigration objectives specific to foreign nationals involved in real estate. A captivating success story reveals how these objectives can be achieved despite the hurdles imposed by the immigration quota system. The account of a Canadian real estate investor securing an investor visa, with Karen’s expert guidance, serves as a compelling example of the achievable possibilities.

Despite the current immigration quota system, which still harks back to the outdated provisions of the Immigration Nationality Act of 1952, it is possible for foreign nationals to successfully navigate the US immigration and real estate landscapes. Through proactive investment in active businesses and proper understanding of the immigration laws, foreign nationals can achieve their American dreams.

Karen’s deep understanding of the US immigration system and her commitment to her clients are evident in her success stories. Her dedication and drive to facilitate positive immigration experiences for her clients make her a respected figure in the legal and business communities across the country.

Whether you’re a foreign national looking to invest in US property, a company seeking to bring foreign talent into the US, or simply interested in understanding the complex world of US immigration, this episode offers invaluable insights. It underscores the importance of seeking expert advice when navigating the multifaceted terrain of US immigration and its impact on the real estate industry.

The world of US immigration may be intricate, but with the right guidance and understanding, it is not an insurmountable challenge. Tune into this episode of RealtyCast Global to gain an enlightening understanding of US immigration and its impact on the real estate industry, as shared by one of America’s leading immigration attorneys, Karen Weinstock.

Make sure to listen to other episodes of RealtyCast Global.

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

Apple Podcasts

Spotify

iHeartRadio

Google Podcasts

About the guest – Karen Weinstock:

Karen is the Managing Attorney of Weinstock Immigration Lawyers, one of the best immigration law firms in Atlanta, Georgia. With over two decades of experience, she has substantial expertise representing U.S. and international companies to secure global talent and ensure a successful transition for foreign employees and their families.

Karen has represented Fortune 500 and publicly traded companies in both the U.S. and abroad. She has helped many European, Asian, and Latin American enterprises and international investors achieve their American Dream.

Born and raised in Israel, Karen immigrated to the United States in 2000. Karen’s compassion for clients and commitment to excellence distinguishes her as one of the best immigration attorneys in the nation. Legal and business communities across the country regard Karen as a true leader in immigration and a role model among women entrepreneurs.

Karen’s website: https://visa-pros.com/

Connect with Karen on LinkedIn: https://www.linkedin.com/in/karenweinstock/

Contact Karen for a free case evaluation: (770) 604-1603

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America
RealtyCast Global #6: Innovative Strategies for Buying Property in Italy with Piero Lorenzo

RealtyCast Global #6: Innovative Strategies for Buying Property in Italy with Piero Lorenzo

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Welcome to episode #6 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

The allure of Italian real estate has been a longstanding fascination for international investors, with its rich culture, exquisite cuisine, stunning landscapes, and historically significant architecture. The latest episode of RealtyCast Global delves into this captivating market, with seasoned real estate professional Piero Lorenzo providing invaluable insights and innovative strategies for buying property in Italy.

Lorenzo, who boasts a blend of Californian and Italian expertise, introduces a unique perspective of merging Italian and American real estate tactics. His revolutionary approach has proven to be a game changer for international buyers seeking Italian properties. Lorenzo’s strategies enable investors to immerse themselves in Italy’s captivating lifestyle while earning passive income via short-term rentals.

One might find it hard to believe that you can purchase an Italian property without setting foot in it. Yet, Lorenzo confirms that this innovative strategy has been a hit during the pandemic, allowing buyers to secure their dream properties from the comfort of their homes. He assures listeners that every aspect of these unseen property transactions is handled with caution, resulting in happy and satisfied clients once they finally set foot in their Italian homes.

The podcast episode also explores the nuances of property pricing and investment potential across Italy’s diverse regions. Lorenzo showcases a range of listings, from a fully furnished property in Umbria for $120,000, a two-bedroom apartment in Sardinia for $180,000, to a stunning apartment in Lake Como for $315,000. He mentions the potential for Airbnb rentals, adding that one of his clients has already found success with this approach in Sardinia.

In an intriguing segment of the episode, Lorenzo introduces listeners to a remarkable project, “Living the Italian Way.” This venture offers a distinctive fusion of sustainable apartments and an authentic Italian lifestyle experience. The properties, set in beautiful areas like Montepulciano, Palermo, and Salento, are designed to be environmentally sustainable and help the buyer integrate into the local community. Moreover, they can be purchased using the rent-to-buy formula, making them an attractive investment option.

Looking ahead, Lorenzo predicts a stable market for Italian real estate in the coming years. He expects price increases in areas with high demand for second homes, but notes that the overall market remains an attractive investment opportunity. His in-depth knowledge and passion for Italian real estate shine through, making this episode a treasure trove of information for anyone considering an investment in this market.

Overall, the episode presents a compelling case for investing in Italian real estate. With Lorenzo’s expert guidance, insider knowledge, and innovative strategies, the dream of owning an Italian property seems more achievable than ever. His insights not only demystify the process of buying property in Italy but also illuminate the potential for passive income and an enriching lifestyle experience. Whether you’re a seasoned investor or just starting your property journey, this episode is sure to provide you with valuable insights into the Italian real estate market.

Make sure to listen to other episodes of RealtyCast Global.

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

Apple Podcasts

Spotify

iHeartRadio

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About the Guest – Piero Lorenzo:

Piero was born and raised in lovely Tropea, Calabria. He lived in Florence for 21 years, where he was a Real Estate Broker for 13 years. In 2015 he and his wife moved to Santa Cruz, California (USA). 

Piero has been a California Realtor since May 2015.  In 2017, he received his California Broker license and is now Broker-Owner of  Lorenzo International Real Estate. In April 2021, he became an American citizen, so he now proudly has dual citizenship: Italian and U.S.A.

He lives in California but travels to Italy for long periods with his family at least twice yearly (totaling 3-4 months per year). In this way, he lives in two worlds, which also helps his family’s quality of life because they receive the best aspects of both countries, cultures, customs, etc.

Living on two continents, North America and Europe is the best gift you can give yourself – for your mind, culture, and well-being.

Piero’s website: www.pierolorenzorealtor.com

Connect with Piero on LinkedIn: https://www.linkedin.com/in/pierolorenzo/

Follow Piero on Facebook: https://www.facebook.com/lorenzorealestate.us/

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America

 

nvesting and Living in the Dominican Republic with Randy Chavers

RealtyCast Global #5: Investing and Living in the Dominican Republic with Randy Chavers

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Welcome to episode #5 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

In the latest episode of RealtyCast Global, we delve into the potential of Caribbean real estate with seasoned expert Randy Chavers. Not only is this region a tropical paradise, but it also presents lucrative opportunities for property investment and remote work.

Randy shares his intriguing journey of investing in the Dominican Republic, one of the Caribbean’s most vibrant islands. Replete with geographical splendor, a thriving economy, and a strong tourism sector, the Dominican Republic beckons investors from around the world. Randy provides insight into the region’s undeniable charm and potential for profit, making it a prime location for real estate investment.

The journey of purchasing a property in the Dominican Republic is distinct. Randy emphasizes the importance of finding a reputable real estate broker and attorney. Although the process may seem daunting to some, especially those accustomed to title companies, Randy assures listeners that the Dominican Republic has an excellent system of recording properties, making the purchasing process seamless and secure.

One of the highlights of the episode is when Randy sheds light on the digital wave sweeping across the Caribbean. With the availability of Wi-Fi and the rise of convenient communication channels like WhatsApp, the Caribbean has transformed into an ideal destination for remote work. Randy also points out the prevalence of the English language in the region, making it even more appealing for international remote workers.

Living in the Caribbean is not just about work; it’s also about enjoying the high-quality lifestyle it offers. Randy provides a first-hand account of the local amenities available. He speaks highly of the quality schools, medical facilities, and dental care, indicating that living in the Caribbean does not mean compromising on comforts.

Tourism is a significant factor contributing to the Dominican Republic’s economy. Randy gives listeners a sneak peek into the Airbnb rental market, offering insights on tourist preferences and the allure of the North Shore. With an international airport in close proximity and a growing number of visitors each year, the Dominican Republic presents a prime opportunity for Airbnb rentals.

Investing in Caribbean real estate, particularly in the Dominican Republic, is a strategic move. It’s not just about owning a piece of paradise; it’s also about tapping into a region brimming with growth potential. With a steady increase in its Gross Domestic Product and a rising number of tourists, the Dominican Republic presents a promising future for investors.

This episode of RealtyCast Global offers an in-depth look at Caribbean real estate from an investor’s perspective. From property investment to remote work opportunities, Randy Chavers shares valuable insights that will inspire listeners to explore the possibilities in this vibrant region.

Whether you’re a seasoned investor or a beginner, this episode is a must-listen if you’re considering making a move in the Caribbean real estate market. It’s not just about investing in property; it’s about investing in a lifestyle and a future filled with potential. So, step into the world of Caribbean real estate with us, and you might just find your next big investment.

Make sure to listen to other episodes of RealtyCast Global.

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

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iHeartRadio

Google Podcasts

About the Guest – Randy Chavers:
Randy Chavers has 36 years of experience in real estate as an agent, broker-owner, managing broker for major franchises, and executive-level positions in real estate-specific Internet companies. 

Unique skill set combines award-winning performance in brokerage operations management with practical application of Internet strategies for real estate agents and brokers. 

Former Managing Director for Coldwell Banker Island Affiliates, a major franchise covering all Caribbean Islands and Western Atlantic including Bermuda. Licensed Real Estate Broker in Georgia and Florida.

Connect with Randy on LinkedIn: https://www.linkedin.com/in/randychavers

Contact Randy at: randy@randychavers.com

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America
Rowleys Bay Resort

Rowleys Bay Resort, Cherished for Over 70 Years, Listed for Sale Following Devastating September Blaze

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Iconic Door County resort destined for rebirth after fire damage.

GREEN BAY, WI, UNITED STATES, October 25, 2023 /EINPresswire.com/ — The iconic Rowleys Bay Resort in Door County, known for its stunning lakefront setting and welcoming atmosphere, has been listed for sale after sustaining major damage in a devastating fire.

The resort, located on 25+ acres overlooking Rowleys Bay and Lake Michigan, suffered a devastating fire on September 5th that destroyed a section of the facilities and grounds. The owners who established the resort in 1947, initially planned to rebuild and reopen in the spring but ultimately decided to list the property for sale with Wade Micoley, Broker/Owner of Micoley.com – RealtyHive.

“After much deliberation and prayer, we feel it is simply time to pass the torch. Rowleys Bay Resort has been a labor of love for our family for over 50 years. We’re grateful for the memories made here and the staff and guests who have made this place so special. Though it’s bittersweet, we believe this aftermath of the fire is a natural transition point for new owners to restore and reimagine the future of this iconic Door County gem.”

Rowleys Bay Resort Spokesperson

Overlooking serene Rowleys Bay, the sprawling property is truly a one-of-a-kind acquisition opportunity. The site is ready for a rebuild of the current resort or development ideas. The former property offered a main lodge with 65,000 square feet, including rooms and suites with 2-3 bedrooms, a restaurant, bakery, pub, and an indoor pool. Various buildings on the property will be sold “as-is.”

“We have a long history with Rowleys Bay, so we’re honored to be entrusted to market it for sale,” said Micoley. “It’s a truly unmatched location. While sustaining fire damage, the foundations and many structures remain intact, offering tremendous potential for new owners to bring this historic resort back to life.”

Rowleys Bay Resort has been a beloved destination for Midwest travelers, hosting families for generations and drawing praise for its comfortable, nautical-themed accommodations, and outstanding service.

Despite the fire, the property’s scenic natural setting remains untouched. Interested buyers have an unparalleled opportunity to acquire a prime waterfront location in the Cape Cod of the Midwest, poised to once again become the crown jewel of Door County hospitality.

For more information or to schedule a showing, visit RealtyHive.com: https://www.realtyhive.com/listing/former-rowleys-bay-resort-1076927.

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RealtyCast Global #3: A Resource Guide for Investing in Central America with Michael Cobb

RealtyCast Global #3: A Resource Guide for Investing in Central America with Michael Cobb

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Welcome to episode #3 of RealtyCast Global – a global connection to all things real estate, hosted by Hugh Gilliam, president of Global Property Pros.

Navigating the world of investing & international real estate can be quite an endeavor. However, the journey can be significantly smoother when guided by experienced individuals like Michael Cobb, co-founder, and CEO of ECI Development. With over two decades of experience in developing in Central America, Michael Cobb has a wealth of knowledge and insights that can be instrumental for anyone considering making a move overseas.

The story of Michael Cobb is far from ordinary. A daring leap from the tech industry into the realm of Belizean real estate led him and his business partner, Joel, to identify a unique opportunity in Central America. This bold venture involved creating a mortgage company in Belize, a move filled with challenges, misconceptions, and valuable lessons. The journey saw the duo raising money, applying for a banking license, and eventually, the creation of a development company.

However, Michael’s journey did not stop there. He noted that the quality of local development standards left much to be desired. He took it upon himself to make changes to the development company’s standards, thereby improving the quality of the properties. This was just one of the many lessons Michael learned from his journey, which he has graciously compiled into a Consumer Resource Guide (click here to download the guide). This guide is a treasure trove of information, designed to help individuals avoid common mistakes and ease the transition of moving overseas.

The process of purchasing real estate, both domestically and abroad, carries its nuances. In the US, the majority of individuals opt for the guidance of a realtor when buying a property. However, this trend does not seem to carry over when purchasing property overseas, with many people going straight to a seller or developer. This fast-paced approach often results in buyers overlooking crucial factors and making uninformed decisions. The importance of slowing down and thoroughly assessing a property, especially in earthquake and hurricane-prone zones, cannot be overstated.

In terms of construction, building a new house overseas is only slightly less expensive than building one in the US. The costs associated with materials such as concrete, steel, doors, windows, and electric wires are priced at the world price, making them relatively uniform. The primary variable in the cost of construction overseas is labor, which is significantly cheaper. This lower labor cost can allow for intricate detailing and craftsmanship, creating a house that would cost significantly more to build in the US.

Lastly, Michael Cobb’s ‘Are You Ready to Live Overseas’ quiz is an excellent tool to gauge one’s readiness for a big move. It’s important to understand that moving overseas isn’t simply a romanticized notion; it requires thoughtful consideration and careful planning. The insights shared by Michael Cobb can be instrumental in navigating the world of international real estate and making a successful transition to living overseas.

For real estate agents looking to expand their business internationally, expose existing listings to a global pool of buyers, and connect with new clients, check out Global Property Pros.

For Property Buyers & Sellers seeking assistance in the international market, check out RealtyHive’s property marketing solutions.

SUBSCRIBE to the RealtyCast Podcast to be notified when new RealtyCast Global episodes air:

Apple Podcasts

Spotify

iHeartRadio

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About the Guest – Michael Cobb:

At the height of a successful career in the computer industry, Mr. Cobb left to pursue more pioneering opportunities in the emerging real estate markets of Central America.  In 1996, he and his business partner formed a company, Exotic Caye International, to provide loans to North Americans purchasing properties in Belize, Honduras and throughout the region.  As the need for capital outstripped the supply, the mortgage company was converted to an international bank under the jurisdiction of Belize.  It continues to provide mortgage services but has expanded its services to encompass the full realm of financial products. 
 
Mr. Cobb also saw the need for a regional real estate company that would serve the Baby Boomer consumer with a North American standard product for the next 2 decades.  He led the group into real estate development and created a holding company for several properties including a resort on Ambergris Caye, Belize.  In August of 2000, Exotic Caye purchased 3.5 miles of Pacific Beachfront property due west of Managua, Nicaragua. 

This master planned community hosts world class infrastructure, homes and condominium units.  In February of 2006, the ECI Development group acquired 1100 acres and 3km of coastline in Costa Rica, setting the stage for expansion into this popular market.  Most recently they merged their Belize property with a much larger parcel and have begun to develop 200 condominiums units on Ambergris Caye, Belize. 
 
Additionally, Mike Cobb has spoken at hundreds of international conferences about real estate financing and development.  He has acted as a consultant to The Oxford Club and gives counsel to various real estate projects throughout Central America.

Website: ecidevelopment.com

Phone: +1.703.795.2555

Email: mcobb@ECIdevelopment.com

About the host – Hugh Gilliam:

Hugh Gilliam co-owned a national transportation company, created a land development business, and worked as a general contractor in residential and commercial construction for over two decades. Hugh also co-founded an international distribution company and successfully negotiated and contracted with 135 sales representatives in the United States, Canada, France, Brazil, Japan, and the Netherlands.

Today, Mr. Gilliam is affiliated with RealtyHive, LLC where he serves as Director of International Real Estate and President of Global Property Pros. His duties include involvement in commercial and residential transactions, plus promoting marketing systems and lead generation platforms.

He is also co-founder of the luxury digital magazine, DOORWAYS INTERNATIONAL, powered by RealtyHive, which serves as a platform for Brokers and Buyers throughout 70 countries.

Hugh’s Designations Include:

  • Certified Luxury Home Marketing Specialist
  • Certified Distressed Property Export
  • Certified International Property Specialist
  • Certified International Investment & Immigration Specialist
  • Transnational Referral Certification

Hugh’s Memberships Include:

  • Georgia Association of REALTORS
  • National Association of REALTORS
  • International Real Estate Federation (FIABCI-USA)
  • Asian Real Estate Association of America
RealtyHive Announces Partnership of Global Property Pros and FIABCI-USA

RealtyHive announces partnership of Global Property Pros and FIABCI-USA; Medal of Honor Presented to Hugh Gilliam

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ATLANTA, GEORGIA, UNITED STATES, June 14, 2023/EINPresswire.com/ — RealtyHive, a global real estate marketing platform has announced a partnership between its global real estate networking platform, Global Property Pros, and FIABCI-USA, the world’s leading international real estate organization. At the installation of Carla Kidd as the new President of FIABCI-USA, she announced the partnership, which includes membership/access to Global Property Pros for all FIABCI-USA Chapter members.

“Having a global marketing platform for our organization just adds another level of value for our members,” stated Carla Kidd. “One of the things agents always have needed was a way to showcase their listings to other professionals around the world. Now, the world has become smaller due to GPP and all it offers to build referral relationships and sales.”

Through the partnership with Global Property Pros, all FIABCI-USA Chapter members will gain access to the platform where they can easily market their properties to buyers in over 200 countries, through RealtyHive. Members will also be able to connect with other like-minded real estate professionals around the world and gain new clients through these networking opportunities.

Hugh receiving medal of honor - Global Property Pros & FIABCI-USA Partnership

“Amidst the challenges of a global pandemic, Hugh Gilliam exemplified outstanding leadership as he navigated our national organization through uncharted waters,” stated Florentino Dualia. “Mr. Gilliam seamlessly adapted to the sudden shift to virtual meetings and kept the team motivated, engaged, and connected. His unwavering dedication and resilience helped the FIABCI-USA Chapter achieve great success despite the circumstances. Mr. Gilliam proved that true leaders emerge and thrive in times of crisis.”

ABOUT FIABCI-USA
Founded in 1951 in Paris, France, FIABCI, the International Real Estate Federation, is the world’s leading international real estate organization devoted to all real estate specialties and activities. With chapters in over 70 countries that are spread over five continents, FIABCI provides direct access to international real estate contacts and international business opportunities. Since 1954, FIABCI holds special consultant status with the Economic and Social Council of the United Nations. FIABCI takes great pride in our efforts to help the United Nations address serious housing and environmental issues worldwide.

ABOUT REALTYHIVE – GLOBAL PROPERTY PROS
RealtyHive is a global real estate marketing platform connecting property sellers and agents to buyers from over 200 countries, with over 2 million site visitors each year. In today’s ever-changing real estate market, real estate agents and industry professionals are seeking new and innovative ways to create value for their clients and grow their network. RealtyHive’s Global Property Pros was built by agents for agents, providing the ability for them to showcase their listings globally, collaborate with like-minded professionals on a common platform, share listings with buyers, track the global activity of their listings, stay abreast of popular countries to invest in, and be informed of global shifts in the real estate market.

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