Look south… first to Cuba.
Cuban country scene
We introduced our first Cuban business ideas at our June 24-26 International Business seminar. Now Cuba is starting to open up! Cuba is already Canada’s number one tourist destination and now it’s easier than ever for Americans as well.
Here is an excerpt from Last Sunday’s New York Times Reports in an article “New Ways to Visit Cuba — Legally” by By Michelle Higgins
The new people-to-people measures make it easier for United States citizens who do not have special status to visit Cuba legally, so long as they go with a licensed operator. ALWAYS wanted to visit Cuba? Well now you can — legally.
Thanks to policy changes by President Obama earlier this year designed to encourage more contact between Americans and citizens of the Communist-ruled island, the Treasury Department is once again granting so-called “people-to-people” licenses, which greatly expand travel opportunities for Cuba-bound visitors.
To be clear, it is still illegal for ordinary American vacationers to hop on a plane bound for Cuba, which has been under a United States economic embargo for nearly 50 years. True, plenty have dodged the restrictions — and continue to do so — by flying there from another country like Mexico or Canada (for Americans, traveling to Cuba is technically not illegal, but it might as well be since the United States prohibits its citizens from spending money in Cuba, with exceptions for students, journalists, Cuban-Americans and others with legal reasons to travel there). And while Washington has also expanded licensing for educational groups traveling to Cuba by loosening requirements, travelers joining an educational trip must still receive credit toward a degree.
But the new people-to-people measures make it easier for United States citizens who do not have special status as working journalists or scholars to visit Cuba legally, so long as they go with a licensed operator.
“All a U.S. citizen has to do is sign up for an authorized program and they can go to Cuba. It’s as simple as that,” said Tom Popper, director of Insight Cuba, a travel company that took more than 3,000 Americans to Cuba between 1999 and 2003, and was among the tour operators to apply for a license under the new rules earlier this year. It received its license at the end of June, and has planned 135 trips of three, seven or eight nights over the next year.
This creates a multitude of business ideas. You can listen to our friend and researcher, Dr. Glenn Stirling, who just returned from Cuba on the recorded International Business & Investing seminar. Read more here.
Then look further south to Ecuador.
Learn two others ways to earn on the equator.
#1: Ecuador Export Tours. See more here.
#2: Ecuador Agriculture Tours. See below.
Jean Marie Butterlin has created an Ecuador agricultural property tour. This is for those of you who have asked to look at property for its potential in this field.
See Ecuador agricultural property by four wheel drive.
Agriculture has a bright future and there are few places with as much agricultural potential and diversity as Ecuador. It is not surprising that many readers ask us about Ecuador farmland or agricultural property there.
Our first reply to anyone asking is… agricultural land is hard to find and get it! Searching for good farmland takes hours just to get to the land. Secondly, it almost always takes hours inspecting the land.
Then once you find something that looks good… the hard part begins. Doing all the research negotiating the right price.
Buying agricultural property is not like buying urban property from a title point of view. There are no rural land registers, so deeds have to be carefully researched by an attorney.
Finally if you buy it… what’s next? Who do you hire? What do you grow… who buys the crops?
Because there has been such interest Jean Marie Butterlin has created an Ecuador Agricultural tour. He has been working hard at this for over 6 months, and I am proud to announce that he has set up an excellent program for those who are really interested in farming potential in Ecuador.
Here is what Jean Marie has explained about the first Ecuador real estate tour he will conduct this October 2011.
When I was 40 years old and told my friends that I would retire at 50, they were laughing. They are not laughing anymore!
My name is Jean Marie Butterlin and I live on one of the nicest, most affordable coasts of all South America with my wife Pascale and although I consider myself retired, I still like to work… but only at what I really like.
How did I achieve that ?
I had a plan.
Part of that plan was to move to a nice area where it was less expensive to live and much less stressful than Europe. I found that place after traveling and inspecting most South American countries. We chose Ecuador and more specifically Bahia as our home.
We live now as well on $2,000 a month in Bahia than we did in Europe on $10,000 a month.
When you are planning to retire and live the good life, you should look at both parts of the equation, expenses and what you can earn.I have been able to lower my expenses considerably by living in Bahia. We live in front of the Malecon enjoying the sun 320 days per year.
But the key to retirement is really in the INCOME part of the equation. How can you generate income without working too hard?
The answer is to have an “outside the box” plan. If you do what everybody else does, chances are you’ll earn what everyone else does.
A lot of younger clients on our real estate tours ask “How can I generate a little income in Ecuador”? They say they would move down immediately if they could. This started me thinking about how to show a few select clients a chance to be part of that world of retirees in Ecuador who work only at what they like.
I have put together a special plan for those seeking to move and earn in Ecuador now!
Here is the plan and here are the facts:
* Every economist is currently saying that agriculture will be the next place to invest because :
- God is not making more arable land.
- The world is running out of food. China has been buying and leasing arable land all over Africa and in South America for example. A lot of the smart money is going into arable all over the continent.
* Ecuador has some of the cheapest yet best agricultural land in all of South America. The climate is best for growing as well with 365 days a year of direct sunlight. In many parts of Ecuador, farmers can get 3 and even 4 harvests per year, depending on the water available on the property.
* However, most Ecuadorian farmers have not yet learned how to produce and manage a farm. They are lacking higher education and management skills as well as equipment. Some Ecuador farmers still plow with oxen.
* Many Ecuadorian farmers do not know how to sell and do not treat the farm as a real business.
There is a great opportunity that lies in this combination of cheap, arable land, the geographical place of Ecuador on the equator and lack of good agronomical skills.
Here is the chance to attend the first agri business expedition, planned for October 17, 18 and 19.
This is a tour for those who want to have an active agricultural business in Ecuador and have $100,000 minimum to invest.
This tour will be conducted over three long, jam packed days to provide you a low cost efficient way to inspect Ecuador agricultural property that is legitimately for sale at a reasonable price.
Day 1 – 9 am to 6 pm: Detailed presentations by agri engineers and specialists of several type of agri businesses. These presentations include costs, types of soils for each type of crop, risk analysis, potential profits, timing, where to find the buyers of crops, introduction to buyers looking for specific crops.
On the tour we look “outside the box” at crops that can for example produce “biofuel”. We’ll look at land where one company in Manta will buy every available crop at market price. We know the owners of that company and you will be introduced to them.
Day 2: Visits farms for sale. Here is one farm we will inspect. This agri property has 203 hectares (507 acres) divided into:
28 hectares (70 cares) of balsa trees. In 5 years these will fetch $30,000 a hectare.
30 hectares (75 acres) of African palm trees in production (the nuts fetch $250 per ton).
– 140 hectares (350 acres) of pasture sufficient for 200 head of cattle or other crops that can produce an excellent return.
– 3 small
and one large river along the property with water availability.
– Close to the main road
– $6600/hectare ($2,640 an acre) asking including a small casita for caretakers.
Day 3: Q&A’s with the agri specialists…with round table discussions. We will break into small groups to discuss in more details each business its costs and potential profits.
We will have inspected and investigated all properties prior paying special attention to three special issues:
* water on site
* access roads
* good port close
We will only show land that has water in Manabi province near Manta the second largest port in Ecuador.
We will have investigated electricity, pricing and title plus will have speakers during breakfast and dinners who will discuss these issues and the legal matters pertaining to agri businesses in Ecuador.
These experts will be available for consulting during the tour and later… covering technical matters on which crops are best suited for each soil and what times of the year are best for planting and harvest. The tour pays special attention to reviewing the marketing aspect of each crop and where to find buyers.
We use our contacts with local people were born in the area… who know the land owners… who know what the “market” price should be and we do not show farmland where the seller is asking an unrealistic price or if there are any doubts about ownership or clear title.
We also provide administration, accounting and legal consultants who will answer questions about owning and running a company in Ecuador, a civil code country and very different from the US and Canada which run on common law.
Optional Day 4 and 5: residential real estate tour of the mid coast from Manta to Cojimies.
Included in the tour fee:
* Agri engineers who can help you start your business, provide services and the follow up.
* Legal experts in incorporation, administration accounting etc..
* Experts in marketing agricultural crops.
Although we do not advise being absentee owner, we can provide all the services needed to run the business with our agricultural team.
If your agricultural knowledge is limited, we have the experts who will help you through the learning curve.
The big Question is “How much can someone make in agri business in Ecuador?”
The Answer: We will not show any businesses that do not produce on a regular basis at least 10% net return. Many agri businesses you will see can pay off land costs within 1 to 2 years.
Arrival date is October 15 in Quito. Travel to Manta and Bahia October 16, 2011.
Travel back to Quito on October 20th. (or October 22 if real estate tour option is added).
Included in the price are all local transportation including domestic airfare from Quito to Manta and lodging. Meals are not included.
2 day Ecuador residential real estate option $299/single $499/couple;
Tour Plus Extension Single $2,289
Tour Plus Extension Couple $3,489
You may decide to take the option during the agri expedition.
For efficiency and logistics, this tour is strictly limited to 16 people… 4 persons per four wheel drive vehicle.