053: How To Use Diversification to Grow Your Wealth Overseas – Lief Simon

Lief Simon interviewed by Mikkel Thorup on The Expat Money Show

International diversification of your portfolio. What does that REALLY means and why it is so important to grow your wealth overseas. In this interview with Lief Simon, he takes us into the world of Investing in Overseas Real Estate, Hot Countries to get Residency in and so much more!


Lief Simon and his wife Kathleen Peddicord are the owners of Live and Invest Overseas. Kathleen is a writer and she likes to say ‘they are a publishing company’ and they are, they publish online. Lief Simon likes to say ‘they are an information company’. They try to provide their readers with information on opportunities, lifestyle, residency, investment, asset protection, and citizenship options abroad.

Investing in Overseas Real Estate

Mikkel Thorup and Lief Simon dig into investing in Over Seas Real Estate. Why it is so advantageous and why diversifying in currency is so important.


Hot Real Estate Ventures for the Future

In this interview with Lief Simon, he goes into detail about agriculture and why it makes sense. Lief explains how to be effective and efficient in this market.

  • Own the land – Panama
  • Own the equipment – Thailand
  • Own the trees – France


Mikkel Thorup poses the obvious question: ‘What kind of returns can be expected on these investments?’ Lief Simon answers in detail, so make sure you listen in to this episode!


How do these Investments Work From a Tax Standpoint?

Find out the advantages of doing this overseas and what countries are most beneficial for working with.

Should you set up these investments overseas in your own name? or have an LLC?

  • What are the benefits
  • What effect this has on probate
  • Umbrella LLC
  • Transfer tax
  • Analyze property by property, investment by investment
  • What is your ultimate goal?


Lief Simon’s Rules! The question is: Do you always follow them or is it okay to break the rules from time to time?

Rule 1: Go see the property in person

Rule 2: Don’t put more than 5% of your net worth into any single deal

Rule 3: Don’t spend too much money on due diligence

Rule 4: Use an attorney when buying property overseas

Kathleen Peddicord also has her #1 Rule: No partners


Hot Countries to Get Residency

Panama, Colombia, Mexico and more…

  • Do you do it yourself? or hire a lawyer? What are the pitfalls of either way?
  • What is the easiest country?
  • What do you have to do?
  • What is a ‘backup’ residency
  • Can you work, buy property, set up a bank account?
  • Will this lead to a 2nd citizenship?
  • Will you have to take a language test?


In this interview with Lief Simon, he talks about his lessons learned while getting his residency in Panama. How long it took, what happened and could it have been done more effectively.


Live and Invest Overseas Conferences

What can I expect at the Offshore Summit

  • Banking options in the current banking world
  • Some investment options
  • Lifestyle
  • Asset Protection
  • Residency options
  • Structural options


What can I expect at the LifeStyle Conference

  • More about the destinations and Living
  • Obtaining local bank accounts
  • Drivers License
  • Health Insurance
  • Health Care
  • Discussion on the 20 countries you may want to live in


Lief Simon and Kathleen Peddicord have built a business but ultimately built a lifestyle.


“The world is full of opportunities you just have to find what works for you”


I hope you got as much value from this interview as I did… and if you would like to stay up to date with all new content that comes out at The Expat Money Show make sure you sign up below for our newsletter; EMS Pulse. – my behind the scene daily correspondence where I give you all the intel as I travel the world and build my business, develop key relationships and invest in non-traditional investments overseas (very profitably I might add!)

About The Host, Mikkel Thorup

Mikkel Thorup; the host of The Expat Money Show, has 20+ years in continual travel around the world, visiting more than 100 countries including Colombia, North Korea, Zimbabwe and Iran.

His goal now is to help Expats just like you to generate additional streams of income, eliminate your tax bill, and take advantage of offshore structures so you can travel the world freely and never have to worry about money again.

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