EP 051: Mike Cobb – International Real Estate Guru Breaks Down Investments In Belize And Nicaragua
International Real Estate Guru Breaks Down Investments In Belize And Nicaragua.
Mike Cobb is the Co-Founder of ECI Development, that does International Real Estate Developments in Central America and the Caribbean with a lot of the focus these days being investments in Belize and investment in Nicaragua. Mike and his family lived as Expats in Managua, Nicaragua for 14 years before returning to the States. They went there for business and stayed there by choice.
International Real Estate
Mike Cobb is extremely passionate about what opportunities the country has for Expat Entrepreneurs and International Real Estate! Have you ever wondered how someone from the USA could end up living and working in Central America? What would the draw be and why would you stay? This is the episode to listen to if Central America is where you’ve contemplated investing, retiring or a little of both.
When Mike Cobb starting building communities in Central America, they believed that their market would be for investors to buy and to rent out as vacation homes. This was true until the baby boomers decided they could have it both ways. They could buy International Real Estate, rent out 6 months of the year and pay down their mortgage. Then as ‘snow birds’ spend the winter months in a fabulous community in a country that offers a high standard of living with a low cost of living.
Time Machine & Path of Progress
Mikk Cobb, what does that mean? Time Machine & Path of Progress? If you could go back 20 years and see how the path of progress was, you’d be rich. I’m sure many of you have dreamt about the ‘what if’s’ If I only knew what the economy would be like. You still have time with an investment in Belize or an investment in Nicaragua.
Investment in Belize
Let’s talk about investments in Belize and the time machine & path of Progress. In Belize, you’re likely going back in time about 5-10 years. If you’re talking about Nicaragua, it’s more like 20 years. It truly is the best time to make an investment in Belize.
Are you interested in an investment in Belize? Mike Cobb discusses what is available, what life is like in Belize and what you can expect from your investment in Belize.
Are you an early baby boomer? Do you find yourself wondering if you’ve saved enough money to have the life you’re accustomed to in the US or Canada? If not, again, this is the episode that is so important to give a listen to.
Offshore Banking in Belize
Are you an American or Canadian entrepreneur? with a viable business and paying high taxes? Let’s talk about offshore banking in Belize. Life in Belize is warm and sunny most of the year. Crime is low, medical care is fantastic, in fact, they welcome medical tourism. Therefore, the real question is ‘why would you stay in your home country when you can set up offshore banking in Belize and pay next to nothing in taxes and have a lower cost of living and a higher quality of life’. I know that sounds like a paradox, but it’s true.
Investment in Nicaragua
Talking about an investment in Nicaragua, Mike Cobb and his partner have been at this a long time and have built their company ECI from the ground up. They know what they are talking about and are an integral part of helping to develop a country so that Americans & Canadians have a resource to follow through on.
For those of you who are interested in an investment in Nicaragua, an investment in Belize or Offshore Banking in Belize, don’t miss this episode with Mike Cobb & Mikkel Thorup.
Mike Cobb & Mikkel Thorup reminisce about what life is like living in Nicaragua with a full-time maid for $200 – $300 a month, having a coffee sack full of organic vegetables & fruits delivered to your front door every week for $8 and going to the movies for $2. Life is peaceful, safe and this may surprise many of you, they have international hospitals, so medical care is on par with the US or Canada.
Listen in to hear what Mike Cobb has to say about the trends he is witnessing in Central America today! What has become common and accepted? This is a jam-packed interview.
- BUPA – Insurance for Expats
- Logistics of getting a Visa and
- Who you should really trust for the best advice
How to reach Mike Cobb
info@ECIDevelopment.com and put in the subject: Talk with Mike Cobb
Mike has a resource guide that he is willing to share with our listeners. In the subject line: Consumers Resource Guide and Mike will email your this comprehensive questionnaire.
Make sure to tell them you are a listener of The Expat Money Show 🙂
Mike Cobb has a secret for all of you Expat Investors. Listen to almost the end of the interview to find out. This is a solid piece of advice for an investment in Belize or an investment in Nicaragua.
So many of our guest are American Expats, like Ep 044: Ian Bond, who lives in the Middle East. Listen to Ian & Mikkels episode while they discuss topics like international real estate and more.
I hope you enjoyed listening to this interview with Mike Cobb 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!)
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Always Remember, Endeavour to Greatness