Episode Summary
In this episode of The Expat Files, Johnny Mueller discusses the growing trend of Americans seeking alternative lifestyles in Latin America, driven by concerns over the deteriorating state of the United States. He reflects on his own experience as an expat for over 27 years and shares insights from a recent seminar where attendees expressed a strong desire to escape the U.S. and live as first-world citizens elsewhere. Johnny highlights the challenges of obtaining residency and citizenship in Latin American countries, as well as the importance of having a 'Plan B' in case of economic or political instability in the U.S. He also touches on the broader implications of U.S. foreign policy and its impact on Latin American nations.
Johnny Mueller also discusses the state of environmental regulation and corporate influence in Latin America, particularly in countries like Guatemala. He highlights the lack of effective enforcement by local environmental agencies, which are often toothless and influenced by bribes. He also touches on the role of NGOs and international organizations in shaping local attitudes toward mining and environmental protection, noting that these groups often provide resources to indigenous communities to sway opinions against mining projects. Johnny acknowledges the complex reality of environmental degradation in Latin America, noting that local communities have long contributed to pollution and that mining companies, while bringing infrastructure and development, also cause environmental harm.
In this segment, Johnny Mueller discusses the environmental and health challenges faced by indigenous and poor communities in Latin America. He contrasts the health outcomes of these communities with those of wealthier, more developed areas, highlighting the impact of pollution and poor living conditions. He also critiques the inefficiency and corruption of local government agencies, such as the Ministadio de Ambiente, by describing a conversation with an official who deflects responsibility for environmental issues. The segment ends with a reflection on the cyclical nature of political change and the persistent issues faced by these communities.
In this segment, Johnny Mueller discusses the cultural and practical aspects of tuck tucks in Latin America. He reflects on how these vehicles are a common mode of transportation, often seen as noisy and annoying, but also as a unique and affordable option. He shares a personal anecdote about a conversation with a mechanic who suggested that a muffler system could significantly reduce the noise of tuck tucks. Johnny also touches on the cultural perception of gringos and expats who ride tuck tucks, noting that while they may enjoy the experience, it's often seen as quirky or eccentric by locals.
In this segment, Johnny Mueller recounts a conversation with a motorhead buddy about modifying tuck tucks (a type of vehicle) with mufflers to reduce noise. He humorously notes that the idea could lead to a law requiring such modifications, highlighting the bureaucratic and sometimes absurd nature of Latin American governance. He then shifts to discussing the growing trend of expats seeking safe havens in Latin America, particularly through legal methods of transferring retirement funds into assets like gold, land, and property. He mentions a downloadable resource with reports and an audio explanation of an IRA program, emphasizing the importance of having a 'plan B' for expats concerned about the future of the United States.
Topics
Expat lifestyle in Latin America, U.S. economic and political instability, Plan B for Americans, Residency and citizenship in Latin America, U.S. foreign policy and its impact on Latin America, Environmental regulation in Latin America, Corporate influence and bribes in environmental projects, Role of NGOs and international organizations, Impact of mining on indigenous communities, Environmental degradation and development in Latin America, Environmental pollution, Health disparities and government inefficiency in Latin America
Chapters
00:00:00 Opening 00:00:26 Overview of the Show's Content 00:00:32 Discussion on the Seminar and Attendees' Concerns 00:01:17 Johnny's Perspective on U.S. News and Information 00:02:43 Summary of Seminar Attendees' Views on the U.S. 00:03:20 Discussion on Asset Protection and Residency 00:03:57 Barriers to Leaving the U.S. and the Role of Uncle Sam 00:05:10 U.S. Foreign Policy and Its Impact on Latin America 00:05:35 The Cost of a Hot Lunch and Twinkies in Latin America 00:05:44 Bimbo's Expansion and the Quality of Its Products 00:06:00 Bimbo's Past Controversies and the Lack of Enforcement 00:06:30 The Presence of First World Amenities in Latin America 00:07:38 The Toothless Environmental Agencies of Latin America 00:08:32 Bribes and Environmental Impact Studies in Latin America 00:09:00 NGOs and the Influence on Indigenous Communities 00:10:08 The Reality of Environmental Degradation in Latin America 00:11:21 The Cycle of Overpopulation and Pollution 00:11:49 Longevity of Indigenous Communities 00:13:33 The Ongoing Experiment of Environmental Neglect 00:16:23 The Cyclical Nature of Political Change 00:17:09 Introduction to Tuck Tucks and Cultural Perceptions 00:17:36 Personal Experience with Tuck Tucks 00:19:00 Discussion on Noise Pollution and Tuck Tucks 00:21:45 Mechanical Solutions for Noise Reduction 00:22:57 Recalling Past Car Safety Standards 00:23:45 Humor and Criticism of Government Bureaucracy 00:25:10 Expats Seeking Safe Havens in Latin America 00:26:36 Resources for Legal Asset Transfers
Transcript
Automatically transcribed from the original recording; names and wording may contain errors.
[00:00] South of the border, down Mexico way That's where I fell in love when the stars above came up to play and now I wonder Hello there all you expat wannabes. I'm Johnny Mueller and you're listening to the expat files living in Latin America The show that tells you just what it's like to live work play and or retire down here in Latin America It's a mix of the good the bad the ugly and the great and it's all right here. So let's get started Alright, we're back in the saddle again after about a week and a half of a seminar this and that and I must say as a General comment man were these guys and gals serious about leaving the states and coming down to Latin America Yep
[00:45] having a plan B is looking better and better all the time and we're not talking about a plan B that involves grabbing a shotgun and Going down and guarding Grandma's Minnesota root cellar Used to be when I first started doing these expat insider plan B seminars five or six years ago now half the crowd was Seeing the writing on the wall that the US was on its way down the other half We're just looking for a nice son in the fun retirement place. That's cheap and has perfect weather Well, you know, everyone still wants that but boy has that been pushed way down the list now note I don't live in the US and I haven't for 27 some years now So everything I hear about what's happening up the states either comes from the internet or somebody's version of the news I usually stick completely to the alternative news channels and services
[01:31] Of course, I get a lot of information about what's really happened in the US from gringos down here with boots on the ground, too However, I do once in a while switch on first world mainstream news and TV Just to see what the enemy is doing or until I just can't stomach it anymore Whichever comes first usually around five minutes does it for me? By the way, sometimes some fresh new gringos down here and brand-new expects I'll say Johnny did you catch the Walking Dead the other night or Homeland or house or Game of Thrones? Whatever the cable TV flavor of the month or season is and I'll say nope and they'll say it's really cool, man Have a look at it You should and I'll say well, you know I don't like to get addicted to those things last when I watched with any regularity All was the Sopranos and that was what maybe 20 odd years ago, and I didn't even see all of them
[02:17] In fact, I'd rather read a good book. In fact, I'd rather read a bad book In fact, I'd rather read the back label of a Drano bottle while sitting on the John So am I a cable TV snob? No, whatever floats your boat. I'm not a light I don't like certain movies and documentaries However, if every TV station in the world was suddenly hit with a directed EMP wave and was knocked out I wouldn't even notice but where were we? Oh, yeah talking about the seminar Anyway, everyone who attended my latest seminar said much the same thing The US they say is not the one they grew up in and there's no way to fix it So with that eventuality looming in their thoughts They want a plan B that will allow them to continue to live as a first-world person If and when the walls come tumbling down up north as one attendee put it
[03:03] He said we'll always have the poor and will always have the rich. It's the middle class That's being eliminated and he said even if you think you're part of the middle class right now If you look back 20 or 30 years ago at what middle class really was there's only one conclusion You've lost ground and it's gonna get worse much worse And you know what we talked a lot about at the seminar both in the classroom and privately at the lunches dinners free times Get togethers and such people were talking about how to get their assets out of the first world out of the states before it's not Possible to do that anymore. Now, we know how you can get your own but out of the country You know travel a bunch get your boots on the ground find your own perfect or not so perfect little paradise You know, nothing's perfect, right? But you can get close then you apply for temporary or permanent residency
[03:49] Of course, you'll have to jump through the hoops in the states that are required Those hoops becoming more numerous and taller and some are even flaming these days Courtesy of course not of the foreign country you want to live in but courtesy of good old broken bankrupt uncle Sam He's the one that ultimately puts up all those barriers to his sheep leaving the barn and the clock's ticking on that and a spring Is winding down and then once you start your residency period you can go five years or so and actually you get nationality and passport and at that point Whatever deaths your first world big brother state has fallen into you'll be able to watch it all go down to tubes from a nice Safe distance of a thousand or so miles at least where well not from granny's fully stocked Rooked seller up in Minnesota where it's 15 below zero
[04:36] But from your new Latin American chosen country where you are a full bonafide citizen where stores Not only don't stock mittens and snowshoes They don't even know what they are and if suddenly or not so suddenly you find out more and more restrictions are being put on Travel on your US passport. That is you can just flip uncle Sam the bird or moon them if you want because guess what? You've got another passport You're a citizen of a country or countries with major freedoms in tech like the right to travel without Restriction a country with virtually no big brother. Oh, it's true The US and the UN try to come down to these third world countries and buy off the corrupt politicians Are there any other kind? So yes They effectively buy them off and of course first world governments hand off to third world governments all kinds of sophisticated
[05:24] Equipment and train some of their people soldiers and such in the black and surveillance arts But guess what what they forget is that everyone down here in the government that is is for sale Sometimes for a hot lunch a gallon of gas or a bag of Twinkies Oh by the way, I've yet to see Twinkies down here in my 27 years, however Bimbo the biggest bakery in the world now and they're from Mexico has bought up wonder bread and the hostess franchise which owns Twinkies and hostess Cupcakes now, I've seen the cupcakes and they look and taste like plastic coated pre-digested shale slag Yes, they've got that first world recipe down exactly You might remember me mentioning Bimbo some time ago when they got caught for putting sawdust in the bread But you know because the surveillance state really doesn't exist down here
[06:11] Neither do alphabet agencies like OSHA or the militant FDA. Oh, that's not to say they haven't got organizations Governmental organizations that have similar titles in Spanish, but they sit on their dead asses and do absolutely nothing now I'm not complaining. In fact, this can be a good thing, you know, in fact, give you a little example here Being that we had some heavy boots on the ground here in Guatemala for the past couple weeks I ran into a couple of interesting upscale Latin types. Yeah, you run into those gringo wannabe types Especially at four-star hotels why because governments and NGOs in the UN etc Are always having some kind of little conference in a four-star hotel Why because they've got all the first world amenities the bar with the blue label Johnny Walker the Perrier water the jazz trio
[06:56] The pool the dry and the wet sauna the Benny ha ha clone and the humid or with the Cuban cigars All the many perks that befit those useless slugs on government expense accounts, you know the drill So the other day I was sitting in the lobby on one of those nice soft leather chairs I couldn't help but notice the guy sitting next to me his fingers dancing away on the latest Android The guy all slick and smart in his brand-new suit getting a 50-cent shoeshine. Yep They are 50 even 30 cents down here. How much are they up by you? Anyway, I instantly noticed that he had a tiny little government lapel pin You know like a rotary club pin and it said in tiny letters Ministerio de Ambiente Ministerio de Ambiente that would be minister of the environment their Latin version of the first world EPA
[07:46] insert laughter here No joke because you see the environmental protection agencies and nearly all Latin countries except now Costa Rica and Panama are absolutely toothless For example a friend of mine a Colombian civil engineer He said if you're building a hotel in Colombia or Brazil Guatemala Honduras The latest thing is that you now have to apply for an environmental impact study I know I know it's been a stateside routine for what 30 40 years now Well as the usual lag time would have it It's just starting to catch on down here and only with big projects, of course So if it's a hotel you hand in your plans your landscaping plans your drainage plans Excavation details, etc. They get submitted to the local mini study of the Ambiente
[08:32] But he said don't forget to include a couple of round-trip tickets to Disney World in Orlando Or maybe a shopping trip to my jammy that'll certainly grease the wheels and get you to the top of the pile That's what he said anyway, so pretty much all contractors know the score and who to pad but he did say these days It's very difficult to get a mining project past pretty much everything else is ago But mining even with big-time bribes, you know why because and this is exactly what he said Us NGO do-gooder agencies are flooding down to indigenous communities and giving away free stuff rice Beans outhouses water purifiers and in one case even live chickens turns out they're giving away ten hands and a rooster Yep, it's the harem life in the poultry world where things are not fair
[09:20] Yes, these first-world NGOs in the UN are giving indigenous people useless even more than useless even dangerous vaccines But they're free Shades of Bill Gates, huh? Yep They give away the local chicken licken and happy meals to get them into one big place a church a town hall so they can hear This feel that the do-gooders and the NGOs and the UN have put together Explaining why mining is bad and that when companies come in they'll ruin your rivers your air your Landscape your natural environment, etc. Meanwhile, it's the village elders and leaders that make off with a pot of cash Which by the way over the years they have done I've seen it But you know It's not all about going in and screwing the natives taking their natural resources and leaving them with a hellhole and screwing up their pristine
[10:08] Environment because you know what they never lived in a pristine environment You just check out any Latin town even the tiny ones and you'll see the locals the indigenous and the Latinos are Serial polluters on a pretty big scale, too So the mining companies come in they build roads infrastructure give these little pueblos electricity even clean water Kinda they bring technology communications, etc. Soon enough. Everyone has a cell phone You could say they bring these little communities out of the 19th and into the 20th century for what that's worth Actually, I kind of like the 20th century. How about you? At least some of the last half of it So anyway, the mining companies come in they give these guys jobs They bring electricity roads schools healthcare, etc
[10:53] Then they go ahead and pollute the ground in the water. So now the local indigenous populations lifespan is around 65 years old whereas before the mining company came it was only 55 on the other hand their environment is Ruined now, like I just said, it's not that they don't ruin their own environments themselves Come on down and you'll see that little towns don't have any central sewage system All the crap goes straight into the lake or the river. They do what all animals do everywhere They create their own Petri dish they overpopulate till they drown in their own feces and nature calls them back or they just move on find another pristine place and Pollute the hell out of that. So then what's the better alternative live to your 50 and die from parasites and TZ flies or dengue fever Or die at 65 from a massive kidney stone or gallbladder attack because you OD done
[11:43] Subsidized coca-cola and Cheetos at the company store. I don't know. I'd like to know who really has the answer to that now It's true many many of the local indigenous people all throughout Latin America live to be eighty-nine even a hundred years old But I'm telling you they're not living in these pueblos on rivers and creeks where they're polluting the hell out of their own life source Sure, you see old-timers everywhere and they don't have artificial hips and knees either and forget about nursing homes They don't exist in the poor and indigenous communities now mostly the very old guys and gals that live productively They're the ones living way out in the boonies on mom and pop farms and not so much living in tight-knit little towns Where the waters terribly polluted mostly with fecal form bacteria don't have to go into detail on that and?
[12:29] Terrible air quality. I mean horrible air quality in the home because of cooking with wood It's been said the number one problem with early childhood death and distress is Respiratory failure because poor people burn wood for cooking so you'll get people in groups like doctors without borders working out in the boonies He'll come back and tell you man Just living in those houses is like a 10 year old kid smoking four packs of cigarettes a day So not only do these communities have a lot of fatal childhood respiratory diseases Even the majority that survive are very short in stature as adults So stunted growth is not just about inadequate nutrition as first world so-called experts will tell you oh They'll say it's because first world children have so much better nutrition
[13:16] There would be so many more coca-cola's whoppers and happy meals, right? One doctor said if you give an American kid the equivalent of four packs of cigarettes a day Well, they wouldn't allow you do that. That would be cruel and inhumane. That's an experiment that would never fly However here in Latin America well That's an ongoing experiment with millions and millions of guinea pigs and almost no one's talking about it But where was I oh yeah talking to that beady-eyed snout-nosed Well-dressed slug from the Ministadio de Ambiente in Guatemala He was working for their version of the EPA anyway since all these pus-brain government functionaries are Extreme gringo wannabes and they don't get to meet gringos very often at all That means if you're a gringo you can instantly get a conversation going with them and occasionally
[14:05] They'll tell you things they just wouldn't tell one of their own now if you meet enough of these guys like I have over the years you can play them like a harp a Couple of false compliments a couple of stupid References to my jammy or Disney World and all things gringo then you're in so senior Martinez How about that Donald Trump? How about that Kim Kardashian? How about that pitbull ain't it great? He's got his own star on the Hollywood Walk of Fame. What a talent. How about Mickey and Minnie Mouse? You think they're getting it on hey don't laugh down here with idiot government workers. Those are legitimate intelligent icebreakers So I kind of broke the ice in another way I said so you work at the Ministadio the Ambiente, huh? Of course the conversation went down in Spanish and I said I know where that building is
[14:51] It's in the back of the Costco real nice neighborhood there And I said, you know when I drive by I can't help but notice all the beautiful new SUVs parked out in front there I said one of those is probably yours, huh? And he said yeah, I have a silver Toyota Prado now I don't know if they sell that model in the states, but that's a very expensive Toyota 4x4 Land Cruiser Then I said I noticed a lot of bodyguards and beautiful SUVs in front of the Ministadio the Ambiente But I also noticed a lot of chunks pickup trucks cars and vans with no headlights or taillights whatsoever Busted out windshields not to mention it's a busy road So you've got chicken buses rolling by bellowing out huge clouds of black smoke I said I know you guys in a new administration. You just came in what two or three months ago
[15:38] I was giving him a little wiggle room there I said is any of that gonna change under the new administration It is the job of the Ministadio the Ambiente to regulate that stuff, isn't it? And man, I'll tell you this guy didn't miss a beat He did what all vastly overpaid slug-ass politicians do and posed a difficult or controversial question He simply passed the buck. He said oh, well, that's a transit problem And we have the transit police who have their stops on their routes And it's their job to check those trucks and buses and address those problems and as he was talking I was thinking if I asked the head of the transit police that same question He'd passed the buck right back to the Ministadio the Ambiente so much for a big brother, huh bottom line? Nothing changes all administration's get off to a roaring start
[16:27] Everyone's excited and after a while a couple of months even things Peter out, and it's more of the same more of nothing Like the man said if God didn't like sheep he wouldn't have made so many of them Hmm now along the way when you meet a dickhead Functionary like this or pretty much any normal hard-working decent Latin American and whatever Latin country you happen to be in if you're sitting Down long enough. They'll ask you what you think of the country What do you like the best or the most about their country by the way if you're asked that question? Don't say it's because of the freedom they have down here because they won't know what you're talking about They've got no other system to compare it against. They don't know what fascism is oppressive taxes Overregulation big brother a welfare state or free TSA or police anal probes
[17:14] They're blissfully unaware of all that stuff So anyway don't be surprised if a Latin person asks you how you like their country of course They're fishing for compliments, so go ahead and compliment and chances Are you'll have a friend for life, but I digress as usual where was I oh, yeah? With the slug from the ministadio the ambient pay so yes I bit my tongue and told that pus-headed slug a few nice things about his country and then a little gringo girl and her brother I must have been around 10 or 11 years old sat down on a sofa Close to us and I noticed that the girl had a little toy in her hand a toy tuck tuck and the little boy a toy Chicken bus both hand carved and painted nice little items in fact they sell those things at various little tour shops extremely cheap
[18:01] By the way actually nice little remembrances and souvenirs that are really quite different and unique I mean really forget about the rainforest whistles and shot glasses made out of coconuts Decks of cars with shaman heads on them all the usual suspects the tacky stuff and the worst souvenirs in my opinion plastic Mayan pyramid Refrigerator magnets yeah, I'm sure that's what Mayan Kings had in mind for posterity to be remembered every time you snitch a midnight snack That junk most of it. I bet's made in China What I suggest if you're bringing souvenirs back is really different like a detailed wooden handmade replica of a chicken bus Anyway, this little girl sitting there with a tiny little wooden tuck tuck on her lap by the way all of us gringos
[18:47] No tuck tucks are not indigenous to Latin America. They all come from India. Yes, both here in China and in India They're called tuck tucks because that's exactly the noise they make and believe me they make way too much of that noise And you know in the last four or five years They've kind of invaded Latin America like an evil swarm of kookaraches Now when I saw that little wooden tuck tuck on that girl's lap something clicked in my head And I said this to the guy from the mini stereo the ambiente otherwise known as EPA light or extra light Do you guys deal with sound pollution noise pollution that is he said oh, yeah We have our regulations so many decibels for factories etc And I said well, what about tuck tucks any kind of rolled his eyes and squish his nose in disgust and said tuck tucks
[19:37] Yeah, you know, they're here now and we're never gonna get rid of them You know, they're just like and then we both said it at the same time kookaraches And I said, what do you mean? You'll never get rid of him. He said look, they're cheap a couple of thousand US dollars They got three wheels and can maneuver practically everywhere. They've got a motorcycle engine in them So they're very economical they can operate in the rainy season They've got a top on them and even in the most touristy spots throughout Latin America It rarely costs more than two bucks to get you anywhere from point A to point B And he said out in the boonies you can generally go from one end of a small town to another for around 12 to 20 cents He sighed and said that's why we'll never get rid of them Then he added I know I know you gringos don't much like those things at all
[20:25] Well, we don't either and of course he's talking about upper-class Latins who can afford SUVs with bodyguards, etc Of course, in fact, I'll be willing to bet he and his family never ever wrote a tuck tuck And yes, gringos ride tuck tucks all the time Which further reinforces the fact in the minds of Latins that is that gringos are kind of nuts We still ride tuck tucks, even though we can afford taxis and cars. In fact, it's kind of fun Meanwhile upscale Latins wouldn't be caught dead in a tuck tuck. What would their friends think? So bottom line you expect gun bees wannabes, etc I do not recommend chicken bus rides, but go ahead take a tuck tuck. Now, where were we? Oh, yeah, and I said to the flunky from the Ministadio de Ambiente
[21:11] You know us gringos and expats and visitors and tourists don't mind tuck tucks at all They get us from point A to B. It's kind of fun But we do hate one thing in particular tuck tucks are terribly noisy even a block or so away from your hotel in the middle of Night, you can hear those things whipping by and it ain't pretty They can be humble and quaint and fun to ride at times, but their sound levels are hideously annoying Then I mentioned something that I'd been mulling around with a gringo motorhead who was down in Latin America for quite some time He had his sheriff muscle cars up in the States and you know was a tinkerer He said Johnny, you know what any halfway decent mechanic slash motor head up in the States could put together a muffler baffle system And knock the noise right out of those things down to almost nothing
[21:57] He said look that little horizontal muffler coming out of the motor in the back end of each tuck tucks It's about as big as a shock absorber. He said in effect that kind of mufflers a joke He pointed out there was so much space under a tuck tucks frame You could easily install a muffler that was three even four times as long and if twisted or shaped into a nest Or accordion configuration that would easily do the trick he said there must be millions and millions of tuck tucks in India China and here in Latin America and Millions and millions of pissed off people because of the racket He said I can't believe no one's thought of that and I said guess what you just did So anyway, that's a conversation. I had a while back with a true Detroit motorhead mechanic And of course, he's also got a Harley or two By the way, I asked him if they were tuck tucks up in the states, and he said are you kidding no seat belts
[22:46] No airbags why they don't even have padded dashboards yet. They will go on upwards of 40 miles an hour That's when I said to my friend you realize we both come from a different era altogether Remember when we were kids when you bought a brand new car Seat belts were an option and so were padded dashboards and as for airbags well The only vehicle that had them back then was the lunar module, but where were we? Oh, yeah, having a nice friendly conversation with a pus-brained government flunky Anyway, thinking about what my motorhead buddy had said about putting a big muffler on a tuck tuck I said to this guy what would happen if some smart guy? Built an aftermarket muffler that could be bolted or welded to a tuck tuck to reduce the noise level by let's say
[23:33] 60 to 80 percent and his eyes widened and he replied is that possible or are you just? Brainstorming actually I'm making him sound smarter than he really is since he didn't use any words over I think one syllable which come to think of it kind of makes him overqualified for government service now, doesn't it? I said no really I think it's probably pretty easy to do in fact I have a gringo machinist friend who says he could probably rig one up himself And then he said was eyes wide open you know I can't tell you how many complaints we get at the ministry About that very thing noisy tuck tucks bother in the tourists waking people up Then I said let's say it costs a hundred bucks or so you get it installed in a muffler shop And that's it then he paused a while and said we'd pass a law
[24:20] I said what he said yeah, we'd pass a law Requiring all tuck tucks to have that exhaust system And then he smiled and looked at me and said and you my friend can have the concession Then he winked at me And I looked at him and he gave me another wink just to reaffirm And that's how things work in Latin America Gringos have ideas that they've percolated up in the States and when they come down they almost never end up doing said project Instead they get boots on the ground and find a nation fillet I mean come on modified tuck tuck exhaust who to thunk huh? Not to mention who even knows what a tuck tuck is unless they've been down to Latin America India or Asia So anyway at the beginning of the show I mentioned that nearly all the people that came down to my latest expat insider seminar
[25:10] Came down with their number one priority in mind that is have a plan B to get their ass and assets out of the country Because they know the US is going down the toilet And they want to have a place to bug out when things get nasty and consequently talking to some of the guys and gals at The expat seminar many of them nearly all of them were wondering how to get their assets safely down to Latin America A lot of them of course having pensions or retirement funds 401ks etc And I mentioned there are some perfectly legitimate Safeways to roll your 401k or other IRA into a special kind of IRA that can buy gold silver land Boats houses, whatever and they can be bought and held in foreign countries
[25:55] And I believe the only restriction is that you cannot buy certain collectibles big deal, huh? That means of course if you come down to Latin America You could have your gold and your assets right in your hands yet. They're still within your 401k now I know it goes against the age-old principle that you can't have your cake and eat it, too Believe me tens of thousands of various student people are doing it and it's perfectly legal now note a few weeks after every seminar I put together a Download of many documents and reports this time there'll be around 40 of them many of them I my own private reports and some are quite confidential and included in that set of downloads there will be a one hour long mp3 audio explaining the details of that IRA program and
[26:43] Amazingly, it only costs around $135 a year to maintain this kind of IRA again. I don't make a dime off this stuff. I don't want to I'm just trying to help you get your lifeboat supplied with all the necessary items So you'll be ready for the next big downturn. How much time do you have who knows? But I'd be surprised if it doesn't happen within the next six months to a year, which means my upcoming January 2017 Exped insider seminar will certainly be balls to the wall I'll keep you posted and finally don't forget to check out the Exped files YouTube channel to see all the cool slides photos and other stuff that go along with the audio By the way You might know I've instituted a new policy that if you call and do a consultation with me on your plan B By Skype or phone if you attend one of my future seminars, you'll get a refund and the call will be free
[27:35] You've been listening to the Exped files living in Latin America coming to you twice a week from somewhere south of the border Email me the exped files at gmail.com And if you want me to help you sort out your own Latin American plans schedule a one-on-one Consult with me just send an email and let me know at the exped files at gmail.com. No spamos