In this conversation, Sabrinna Misasi shares her insights on the real estate market in Panama, discussing the unique challenges and opportunities for foreign investors. She explains the differences in transaction processes compared to the US and Canada, the dynamics of pre-sale versus resale properties, and the current trends in the rental market. Sabrinna also highlights the cost of living in Panama and offers practical advice for potential buyers looking to invest in the region.

• Panama's real estate market lacks a centralized MLS system.
• Hiring a good lawyer and real estate agent is crucial.
• The economy of Panama does not rely on tourism but on foreign investment.
• The market has been historically flat with steady prices.
• Foreign buyers are primarily from the US and Canada.
• There are no taxes on money made outside of Panama.
• Rental prices have increased by 10-15% recently.
• Investors are attracted to pre-sale properties for better returns.
• The cost of living can be very affordable if shopping locally.
• Subpar properties yield subpar results in the rental market.

Keywords: Panama real estate, foreign investment, property market, rental market, cost of living, pre-sale properties, resale properties, transaction process, Airbnb regulations, market trends

In this conversation, Daniel Foch and Dave Hutch delve into the World Happiness Report, discussing the implications of happiness rankings on investment and real estate. They explore Canada's decline in happiness, the impact of consumer sentiment on the economy, and the rising happiness of countries like Costa Rica and Mexico. The discussion also covers GDP per capita as a measure of economic health, the political divides affecting public sentiment, and the role of immigration in sustaining economic growth. Ultimately, they reflect on the future of happiness in Canada and the need for honest political discourse.

• The World Happiness Report provides insights into global happiness rankings.
• Canada has seen a significant decline in its happiness ranking over the years.
• Consumer sentiment plays a crucial role in the real estate market.
• Countries like Costa Rica and Mexico have improved their happiness rankings significantly.
• GDP per capita is a key indicator of economic health and living standards.
• Political divides can exacerbate public sentiment and happiness levels.
• Honesty from politicians is essential for public trust and happiness.
• Immigration is a necessary strategy for sustaining economic growth in aging populations.
• Happiness is often relative to economic conditions and personal circumstances.
• The future of happiness in Canada depends on addressing economic disparities and fostering community connections.

In this episode, hosts Daniel Foch and Dave Hutch explore the best countries to live and work in 2025, based on the Henley Opportunity Index. They discuss the top choices, including Switzerland, Singapore, the USA, Australia, Canada, and emerging destinations like the UK and UAE. The conversation delves into the economic opportunities, living conditions, and unique aspects of each country, providing insights for those considering relocation or investment abroad.

In this conversation, we chat with Daniel Lee and discuss the unique aspects of the Australian real estate market, particularly focusing on Brisbane's rise as a sought-after city. They delve into the auction system prevalent in Australia, the role of buyer agents, and the impact of foreign investment trends. The discussion highlights the differences in real estate practices between Australia and North America, providing insights into the current market dynamics.

• Australia's real estate market is unique compared to others.
• Brisbane is currently the most sought-after city in Australia.
• The median house price in Brisbane has overtaken Melbourne's.
• Auctions have been a long-standing practice in Australia.
• Most transactions in Australia do not involve buyer agents.
• Realestate.com.au serves as the primary real estate portal in Australia.
• The buyer's agent industry is significantly smaller in Australia.
• Foreign investment trends in Australia have shifted post-COVID.
• Brisbane is set to host the Olympics in 2032, boosting its profile.
• The auction system in Australia encourages competitive bidding.

In this episode of Real Estate Without Borders, hosts Dave Hutch and Daniel Foch engage with CPA Sami to discuss the complexities of cross-border taxation for Americans investing in Canadian real estate. The conversation covers essential topics such as FATCA reporting requirements, capital gains taxation, the implications of the Foreign Investment in Real Property Tax Act (FERPTA), and the importance of understanding tax treaties. Sami provides insights into the documentation needed for tax purposes and strategies for optimizing tax on foreign investments, while also addressing challenges faced by investors in navigating cross-border partnerships and regulations.

• Americans need to understand domestic tax laws when investing abroad.
• FATCA requires reporting of foreign bank accounts over $10,000.
• FBAR filing is necessary for US citizens with foreign accounts.
• Buying real estate directly can be more tax advantageous than through a corporation.
• Capital gains tax rules are similar in the US and Canada.
• FERPTA applies to non-resident aliens selling US property, not US citizens.
• US citizens must report global income regardless of residency.
• Tax treaties help avoid double taxation between countries.
• Proper documentation is crucial for tax reporting and deductions.
• Investors should be aware of foreign buyers bans and their implications.

This conversation delves into the pressing challenges of demographic decline and its implications for real estate investors. The hosts discuss the concepts of M1 and M2 money supply, the funding gaps in pension systems, and the strategies governments may employ to address these issues. They explore global fertility rates and their economic impact, drawing parallels between pension systems and Ponzi schemes. The discussion concludes with insights on real estate investment strategies in declining markets and the importance of understanding demographic trends.

• Demographic decline is a significant challenge for real estate investors.
• M1 money supply represents liquid cash, while M2 includes less liquid assets.
• Pension systems are facing severe funding gaps due to demographic shifts.
• Governments may inflate asset values to manage pension obligations.
• Falling fertility rates globally pose economic risks.
• Pensions can be likened to Ponzi schemes due to funding structures.
• Investors should focus on markets with younger demographics.
• Canada's immigration policies have significantly impacted real estate prices.
• Understanding demographic trends is crucial for investment strategies.
• Real estate investments may be influenced by government interventions.

In this episode, hosts Dave Hutch and Daniel Foch delve into the complexities of the housing market, focusing on the roles of Fannie Mae and Freddie Mac in preventing foreclosures, the impact of tariffs on economic growth, and the intricacies of bond yields and mortgage rates. They explore various foreclosure prevention strategies and discuss the government's role in stabilizing the housing market amidst political dynamics and economic strategies.

• Fannie Mae and Freddie Mac play a crucial role in preventing foreclosures.
• Tariffs can create short-term chaos in the housing market.
• Mortgage rates are influenced by bond yields and government policies.
• Foreclosure prevention strategies include loan modifications and forbearance plans.
• The government has a significant impact on housing stability during crises.
• Political strategies can affect economic outcomes in the housing market.
• Understanding bond yields is essential for grasping mortgage rates.
• The accountability of borrowers has changed in recent years.
• Government waste in office space is a significant issue.
• Collaboration between nations is essential for economic stability.

This conversation delves into the global housing affordability crisis, examining trends across OECD countries, the impact of foreign investment, and unique case studies from Italy and Japan. The discussion highlights the challenges faced by first-time home buyers, the influence of high interest rates, and the role of population growth in housing markets. The hosts also explore innovative solutions like Italy's one euro house initiative and Japan's abandoned homes, providing insights into potential future trends in real estate.

• Housing affordability is a pressing global challenge, especially for young people.
• The US has experienced a significant decline in housing affordability, ranking third worst globally.
• First-time home buyers in the US are at a historic low, with many unable to enter the market.
• High interest rates are a major barrier to homeownership, impacting buyer sentiment.
• Global capital flows are increasing as people seek better economic opportunities.
• Supply constraints in construction are keeping housing prices elevated in many markets.
• Italy's one euro house initiative aims to revitalize small towns and combat demographic challenges.
• Japan faces a unique situation with over 8 million abandoned homes due to strict immigration policies.
• Housing affordability has improved in Italy, with a 13% decrease in house price to income ratio.
• The conversation highlights the need for further exploration of innovative housing solutions in different countries.

In this episode, Daniel Foch and Dave Hutch discuss the controversial proposal of a $5 million gold card for wealthy foreigners to gain U.S. residency, comparing it to existing golden visa programs worldwide. They explore the potential economic benefits, such as foreign investment and job creation, as well as the criticisms surrounding housing market distortions and ethical concerns. The conversation also touches on the implications for U.S. national debt and the broader immigration landscape.

• Trump's gold card proposal aims to attract wealthy immigrants.
• Golden visa programs can boost local economies through foreign investment.
• Critics argue that these programs distort housing markets.
• The EB-5 program has undergone significant reforms since its inception.
• Countries like Canada and Portugal use immigration to grow their populations.
• High net worth individuals contribute significantly to consumer spending.
• The U.S. housing market faces affordability challenges.
• Golden visa programs can lead to gentrification and displacement.
• Economic volatility can arise from reliance on foreign investment.
• Global comparisons reveal mixed results for golden visa programs.

In this episode of Real Estate Without Borders, hosts Dave Hutch and Daniel Foch explore the intricacies of global real estate markets, comparing investment opportunities in cities like New York, Toronto, Miami, and Tulum. They delve into the importance of rental property taxes, cap rates, and the impact of special assessments on property values. The conversation also touches on the current trends in Austin and Portugal, providing listeners with valuable insights into the dynamics of international real estate investment.

Takeaways:

• The episode provides insights into global real estate markets.
• Rental property taxes significantly affect investment decisions.
• Cap rates are essential for comparing property values.
• Tulum's rental market shows high demand and pricing.
• Special assessments in Florida have impacted condo owners financially.
• Austin's real estate market is experiencing a surge in inventory.
• Investors need to consider currency discrepancies in international markets.
• Miami's property market is facing challenges due to special assessments.
• Understanding cap rates helps in making informed investment choices.
• The hosts plan to introduce a 'deal of the day' segment in future episodes.