Saturday, September 12, 2009

Living Healthy to 100

I recently found this article about centenarians living on the Nicoya Peninsula, one of the worlds few Blue Zones.  There are three other regions that have been identified as Blue Zones - Okinawa, Sardinia and Loma Linda, California, where people live longer than anywhere in the world.  Check out this great article and video below about Panchita Castillo.  For me it's not about living to be old, but living and staying young.  Panchita is great inspiration.

Living Healthy to 100
By Dan Buettner, AARP Magazine

It was sunrise in the village of Hojancha when Tommy Castillo and I mounted a pair of bikes and whizzed downhill from his pink wooden house into the steamy Costa Rica morning.

Our route took us by the town clinic, past a mechanic where the rhythm of local cowboy music blared into the street from tinny speakers. With truants’ delight, we swooped down another hill past the village school, and from there, the houses thinned out. On one side of the road, buildings gave way to a wall of jungle. The road dipped to where the pavement bridged a creek and continued up a steep incline. Tommy, wearing a white-toothed grin and a Yankees baseball cap, stood up hard on his pedals and pulled ahead of me. I was breathing heavily. Sweat trickled down my back.

Off the main road, our wheels traced parallel ruts past a horse barn and a vegetable garden. The track ended in a clearing with a raised chicken coop, a tin-roofed wooden house, and a woodshed stacked high with split logs. Out front, a woman wearing a bright pink dress, hoop earrings, and carnival beads vigorously swept the jungle floor, sending up a dust cloud. Behind her, a few long golden pencils of light angled through the trees.

“Hola, Mamá!” shouted Tommy as he dismounted his bike. Tommy’s mother—Francesca “Panchita” Castillo—dropped her broom in surprise and gleefully greeted her son with an embrace, then turned to me. “OyEEE, God blesses me!” she exclaimed in Spanish. “I have foreign visitors!” Then she hugged me.

She took us both by the hand and led us to her porch, where she jumped up on a bench and dangled her legs in the air. It was only 7:30 a.m., but Panchita was ready for her midmorning break. She’d been up since 4:00 and had already knelt next to her bed to say her morning prayers; fetched two eggs from the chicken coop; ground corn by hand; brewed coffee from well water drawn from the limestone bedrock beneath her house; made herself a breakfast of beans, eggs, and tortillas; split wood; and, using a machete almost as tall as her five-foot frame, cleared the encroaching bush around her house. She asked if she could prepare breakfast for us. “No,” said Tommy, who was sweating lightly under his baseball cap. “I’m not hungry.”

“Oh, you know better,” Panchita scolded. “Let me make you some eggs.” And she jumped off the bench.

“No, no, Mamá,” Tommy said, shifting uncomfortably on his bench. “I’m fine.”

Panchita pulled herself back up and now began to stroke Tommy’s knee. “How is your leg, my son?” A few days earlier he had injured it working around the house.

“Mamá, I’m fine, please!” he said, grimacing. As the scene unfolded, I sat by and smiled to see an exchange between a loving mother and a son who didn’t want to be embarrassed in front of a new friend. Under the circumstances, I could see Tommy’s point. He was, after all, an 80-year-old man and a great-grandfather. His mother, Panchita, had recently celebrated her 100th birthday. Hojancha, where they live, has one of the healthiest, longest-lived populations on the planet—a place where sons can take their time growing up.

Read the full story here 


Check out video of Panchita here

Saturday, July 4, 2009

Another Happy Story

AFP: Costa Rica tops happiness, 'green living' poll

SAN JOSE (AFP) — Costa Rica is the happiest place on earth, and one of the most environmentally friendly, according to a new survey by a British non-governmental group.

The New Economics Foundation looked at 143 countries that are home to 99 percent of the world's population and devised an equation that weighed life expectancy and people's happiness against their environmental impact.

By that formula, Costa Rica is the happiest, greenest country in the world, just ahead of the Dominican Republic.

Latin American countries did well in the survey, occupying nine of the top 10 spots.

Australia scored third place, but other major Western nations did poorly, with Britain coming in at 74th place and the United States at 114th.

The New Economics Foundation's measurements found Costa Ricans have a life expectancy of 78.5 years, and 85 percent of the country's residents say they are happy and satisfied with their lives.

Those figures, taken along with the fact that Costa Rica has a small "ecological footprint," combined to push the small nation to the top of the list.

A 2006 New Economics Foundation study designated Vanuatu the world's happiest nation, with Costa Rica at second place.

Sociologist Andrea Fonseca said Costa Rica gives its citizens the "tools" to be happy, but cautioned that happiness cannot be calculated just by looking at life expectancy and environmental practices.

She added that the country's rise to the top of the Happy Planet Index "has a lot to do with social imagination."

Costa Rica has a peaceful reputation because it does not have an army, and is also known for its protected ecological zones and national slogan "pure life," she said.

Copyright © 2009 AFP. All rights reserved. More »
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Thursday, July 2, 2009

Happiness is...Living Green in Costa Rica

Happiness is...living green in Costa Rica | Entertainment | Reuters


By Barbara Lewis

LONDON (Reuters Life!) - Costa Rica is very nearly paradise, not just for holiday-makers lounging on its beaches, but for its citizens who are extremely satisfied with their lot and also have a tiny carbon footprint.

The combination has earned the central American country first place in a new Happy Planet Index (HPI) published on Monday.

While leaders of the developed world attending G8 talks in Italy worry away at economic indicators like Gross Domestic Product (GDP), deflation and their implications for economic recovery, the second edition of the HPI lauds alternative standards that provide a new twist on the old adage that wealth does not buy happiness.

Costa Rica stands out for the highest levels of reported life satisfaction, a long life expectancy of 78.5 years and because 99 percent of its energy comes from renewable sources.

Latin American nations generally fare well, bagging nine out of 10 of the top spots and Sub-Saharan Africa performs very badly, with Zimbabwe taking bottom place. It scores 16.6 out of 100, compared with Costa Rica's HPI total of 76.1, according to an advance copy of the report.

Somewhere in between are the world's wealthiest economies.

The United States is placed 114th out of the 143 nations surveyed, with an HPI result of 30.7 and was found to be "greener and happier" 10 years ago than today -- as were China and India, ranked respectively 20th and 35th, with scores of 57.1 and 53.

Read the full story here

Tuesday, June 9, 2009

WWF - Turtle Conservation in Junquillal


Junquillal beach on Costa Rica’s Pacific coastline is one of the country’s most important nesting beaches for leatherback turtles. But because the beach is not a protected area, illegal egg harvesting is a major problem.

To reduce the number of poached leatherback nests, WWF is developing alternative income sources for the local community, such as from ecotourism and the production and marketing of handicrafts. Community members are also involved in monitoring the beaches, and the construction and operation of a marine turtle hatchery, where eggs are brought in and protected until the hatchlings are released.


Background
Junquillal beach, located in Guanacaste province, Costa Rica, was recently discovered by biologist Gabriel Francia, to be among the most important nesting sites of Pacific leatherbacks (Dermochelys coriacea) in the country. Francia, who is now project leader, found there were up to 50 nests per year between 2004 and 2006.

However, the only relationship local residents had with the turtles was the illegal collection of eggs for sale or consumption. Rampant nest poaching meant that no leatherback hatchling reached the sea, despite regular nesting efforts year after year. Junquillal has no protected area status.

In 2005, WWF initiated a conservation project in Junquillal Beach, to improve the survival outlook for leatherbacks and other marine turtle species.

The bottom-line approach is the establishment of a relationship between sea turtle conservation and improved quality of life for coastal communities. In order to engage the community, heads of families and teachers were invited to an environmental education workshop that stimulated their curiosity and critical thinking about natural resources of the schoolyards and beaches.

The positive response to this activity led to the establishment of the environmental education programme, which has involved schools from Junquillal and other nearby beaches. The work continues to employ local, provincial or national resources to the greatest extent possible, stimulates conservation by the community, respects the community work pace, and displays creativity in adapting to emerging needs. WWF is facilitating the implementation of a Community Livelihoods Improvement Plan in Junquillal.

Click here to read the entire article

Tuesday, May 5, 2009

New York Times Article on Costa Rica

Op-Ed Columnist - (No) Drill, Baby, Drill - NYTimes.com

By THOMAS L. FRIEDMAN
Published: April 11, 2009

(No) Drill, Baby, Drill


Sailing down Costa Rica’s Tempisque River on an eco-tour, I watched a crocodile devour a brown bass with one gulp. It took only a few seconds. The croc’s head emerged from the muddy waters near the bank with the footlong fish writhing in its jaws. He crunched it a couple of times with razor-sharp teeth and then, with just the slightest flip of his snout, swallowed the fish whole. Never saw that before.

These days, visitors can still see amazing biodiversity all over Costa Rica — more than 25 percent of the country is protected area — thanks to a unique system it set up to preserve its cornucopia of plants and animals. Many countries could learn a lot from this system.

More than any nation I’ve ever visited, Costa Rica is insisting that economic growth and environmentalism work together. It has created a holistic strategy to think about growth, one that demands that everything gets counted. So if a chemical factory sells tons of fertilizer but pollutes a river — or a farm sells bananas but destroys a carbon-absorbing and species-preserving forest — this is not honest growth. You have to pay for using nature. It is called “payment for environmental services” — nobody gets to treat climate, water, coral, fish and forests as free anymore.

read the entire story here

Wednesday, April 15, 2009

Wall Street Ledgend Henry Kaufman to Invest in Costa Rica

Costa Rica newspaper: A.M. Costa Rica: Your English language daily news source
Wall Street legend Kaufman eyes investment market here
Special to A.M. Costa Rica

The latest entrant to the Costa Rican real estate market is Wall Street's Henry Kaufman, famous since 1957 when he took over the largest bond specialist unit of the New York Stock Exchange.

He follows such famous names as Mel Gibson, Steve Case of America Online, Madonna, Danny Devito, one of the famous princes of Saudi Arabia, the Chinese premier who is investing $300 million, Amazon, Proctor & Gamble and Intel, which invested $900 million in its manufacturing operations.

Kaufman is known among the insiders in the financial community as a genius at contrarian investing. During the 1970s downturn in New York City he was the buyer of last resort for Con Edison bonds, which resulted in huge gains. Kaufman was buying Con Edison Bonds at 30 percent of face value when the city was told no help was coming from the federal government to keep the lights on in New York.

Of course the bonds never defaulted, and the returns were in mega millions to Kaufman.

Associates say that Kaufman believes that Costa Rica will become a huge market for retirees who want a lifestyle in this country where the weather in the major market of the Central Valley is always springtime, similar to Southern California.

He also is said to believe the cost of living and medical care,
which is up to world standards in the private hospitals, is a fraction of the costs in the U. S. and Europe and that the 55-and-older senior retirement communities, assisted living and even nursing care will propel the growth of Costa Rica to double digit gross national product during the next 20 years.

Kaufman wants in while the crisis has opened opportunities that have never existed in the last 10 years of one of the hottest real estate markets in the world, associates say.

Kaufman was the largest shareholder of Apple Bank of New York along with many other holdings. He was the financial controller of all of the $320 million Maurice Kanbar received for selling Skyy Vodka and created $190 million in additional profits from this account. One of the investments was buying 32 percent of downtown Tulsa, Oklahoma, at distress prices starting in 2005. Tulsa is one of the few cities that has weathered the U.S. real estate crisis and actually has increased in value. He also was the funding source of capital for Heine Herzog (Mutual Shares which merged with Franklin Templeton), the largest over-the-counter marketmaker in the U. S..

Kaufman bought buildings in Soho at $30 square foot in the distress times of the 70s and became a legend in value investing when the market climbed to $200 a square foot,

He also purchased the East West Natural Food Macrobiotic restaurant where luminaries like Gloria Swanson, Jane Fonda, John Lennon and Yoko Ono often came to dine.

Costa Rica is his latest interest, major news is expected. Angela Jimenez, a well-known appraiser with Orbit Costa Rica, said she is now in discussions with Alberto Rampoldi of the Avalon development about one of Kaufman's latest ideas.

Tuesday, December 16, 2008

Climate Change and Peak Oil: Two Global Challenges That Will Assure More Gardening and Local Farming

By Will Raap

Over thirty years ago as part of my graduate work I traveled to England to research the UK “garden city” movement where new cities were developed after WWII creating village centers surrounded by protected green belts. Gardening areas and small farms were planned into these new cities. British planners knew that gardens and local farms provided much of the wartime food and research in the UK showed gardens were about 3 times more productive per acre than commercial farms. Gardens and local farms have always been a key part of British food security.

I spent much of the past 3 decades promoting more food gardening and sustainable local farming in the US and Central America because of what I learned in the UK. Sometimes I felt this effort was irrelevant as food prices from our industrial system declined continually, outcompeting local food production until it nearly stopped. But recently we have become aware that industrial food has less nutrition, less flavor and can leave us vulnerable to food safety and security issues.
And now risks associated with our petroleum-based economy have become real overall and specifically for agriculture. Everything is connected in our global economy and any disruption in oil supply and prices ripples far and wide. This is especially true for food and agriculture. More than ever, cheap oil equates to cheap food…but the reverse is true for expensive oil.
Oil has allowed the development of modern society and economics. We are able to do about 100 times more work than we could do without it. An average 12 gallon tank of gas contains energy equivalent to about 4 years of human labor. Apart from uranium, oil has the greatest energy density of any other substance known.
Oil has allowed the human population to quadruple in 150 years as fewer farmers are needed to feed over 6.5 billion people. The average bite of food travels 1500 miles from farm to dinner plate. And every 1 calorie of energy from our food required about 10 calories of fossil fuel energy in farm machinery, fertilizer, pesticides, refrigeration, transportation and packaging. This level of energy dependency is the quintessential example of an energy economy that must be transformed as oil prices increase.
We have created a society and economy that depends on cheap petroleum to thrive. But the oil is running out and the environmental consequences of burning fossil fuels for cheap energy are catching up to us. We now are faced with responding simultaneously to two of the greatest challenges in human history: Climate Change and Peak Oil. And from my perspective, the good news is individually, and together, Climate Change and Peak Oil mark the shift back to more local food production.
Climate Change is a “Long Emergency”
From the cover of Time magazine, April 3, 2006: "The debate is over. Global warming is upon us-with a vengeance." Over the past century humanity has taken vast amounts of fossil fuels like oil, coal and natural gas from underground carbon reserves and by burning these fuels released immense amounts of carbon dioxide (CO2) into the atmosphere. CO2 and other “greenhouse gases” have upset the thermostat of the planet, triggering global climate change.
Climate change is an urgent and complex problem with a relatively simple cause but long term, likely severe consequences. Excess CO2 in the earth's atmosphere is raising temperatures around the globe causing dangerous new weather patterns, loss of plant and animal species, rising oceans and dislocated populations, declining forests and growing deserts.
Atmospheric CO2 levels are approaching 400 parts per million (ppm) and leading experts are now saying we need to reduce this to 350ppm to avoid environmental and economic catastrophe (see www.350.org). Because 85 per cent of world energy comes from burning fossil fuels, it is very difficult to reduce CO2 emissions quickly without economic disruption. And the food system is one of the major contributors of CO2 emissions. Food production, processing and distribution are estimated to be the source of over 20% of CO2 emissions in the US and about 15% globally.
There are only two things we can do to reverse global warming and avoid the consequences of climate change. First, we must reduce the amount of greenhouse gases – especially CO2 – that we are directly and indirectly responsible for emitting. Second, we must find ways to remove the excess carbon that has already been released into the atmosphere by increasing the earth's natural carbon "sinks" — the forests, wetlands, grasslands and healthy farmlands that help regulate climate by storing CO2. (See www.earthcarbonoffsets.com)
Both of these solutions are necessary. We need to immediately slow the global increase in carbon emissions through gains in energy efficiency and the development of carbon-free renewable energy sources. This will slow the growth of atmospheric CO2 levels. But we also need to reduce the levels of CO2 that are already in the atmosphere to buy time for clean technologies to be phased in. Without reductions in accumulated concentrations we may rob ourselves of the time to reduce our ongoing emissions of CO2.
Can we retool our fossil fuel-intensive economy quickly enough to reduce emissions? Can we stop trashing existing healthy carbon sinks like tropical forests and wetlands and restore the earth’s natural carbon sinks fast enough? The feedback loops that will answer these questions are measured in decades, and the trends are not positive. But the impact and feedback loops related to Peak Oil are measured in the price of energy and felt in a matter of months.
Peak Oil to the rescue?
World discovery of oil peaked in 1964 and has been declining ever since. Despite considerable improvements in technology there is no prospect of any significant new large oil discoveries. We are currently consuming more than 4 barrels of oil for every one discovered.
Peak Oil overall means we have pumped half of all oil reserves. Many estimate we hit peak oil this year, plus or minus a few years. So, we have currently pumped and used about one trillion barrels of the estimated two trillion barrels of oil the earth produced millions of years ago.
There is still about a trillion barrels of oil left below ground. The problem is we are running out of cheap oil. The quality and accessibility of half of the remaining oil reserves is declining. Remaining oil is often found in areas like deep oceans and the Arctic, presenting technical extraction challenges and much higher costs. Extraction costs are increasing as demand is increasing meaning prices will increase as well.
Will Peak Oil solve the Climate Change problem because our use of oil and other fossil fuels will slow as prices most assuredly increase? CO2 emissions will likely slow as fossil fuel prices rise. But, there will still be a growing demand for oil, coal and natural gas, especially from China, India and other fast-developing economies. Fossil fuels still offer unparallel energy density value compared to other fuels. And remember, it is now believed by many experts that to solve climate change CO2 levels in the atmosphere must be reduced from current levels, not just slowed.
Our Future Food Economy
OK, so Climate Change is real and a growing problem with potentially dire consequences, but in the long term. And our petroleum-dependent industrial food system is a major source of greenhouse gases so there will be pressure to transform it with CO2 emission reduction incentives and penalties. I believe it is clear that Climate Change mitigation strategies will lead us back to more locally-produced food, both to reduce CO2 emissions AND also because local farming and gardening most often employ sustainable practices that build the soil by adding organic material (i.e. by creating a ecological “sink” to store carbon from the atmosphere).
Peak Oil is a real problem today. Our economy experienced the economic consequences this year as oil prices exploded to nearly $150 per barrel, immediately increasing food costs. We also experienced the social consequences as food riots broke out throughout the developing world earlier this year due to biodiesel competition for grain crops leading to supply shortfalls and price inflation.
Just as British urban planners created policies to support local food growing in gardens and small farms after WWII I believe we are seeing global conditions, led by Climate Change and Peak Oil, to encourage the same policy shift in the US.
In fact, for most of this decade there has been a quiet revolution developing in our food system. We are still getting most of our food from distant industrial farms. But more and more food is being grown in and around cities, towns and neighborhoods where we live. People want fresh and healthy food without chemicals and grown by people they know. They want some sense of control over food safety and security. This revolution is taking place in home gardens, community gardens, new organic farms, membership farms, abandoned farms brought back to life, and new residential developments designed to feed as well as house residents. I’m working on a range of these initiatives in Vermont and Costa Rica, and the ground swell of interest is building.
How can we foster this local food movement near our homes? First, grow a garden or help a friend to grow one. Second, buy locally grown and prepared food whenever possible. Third, support policies that help your local economy support the transition to more local food and energy independence. One good model I just discovered for comprehensive food and energy transition planning comes, appropriately enough, from a town in England and is explained on this web site: www.transitiontowns.org/totnes. And please help advance another great idea I just learned about as I write this article November 3, 2008, on the evening before the Presidential election. Let’s petition President Obama to show the way by adding a food garden to the grounds of the White House…please visit http://www.kitchengardeners.org.

Monday, December 15, 2008

Cuba's Second Revolution

S/R 38: Cuba’s Second Revolution (Will Raap)

by Will Raap

For several years I have been hearing about another revolution in Cuba. This time it involved farming and the food system. For much of the 1990s, small organic farms were providing increasing amounts of Cuba’s food. They were responding to the economic emergency of 1989–90 when the Soviet bloc began collapsing and Cuba lost its main source of foreign exchange and half of the food its 11 million citizens relied on.

During the early 1990s imports of agricultural machinery, fertilizer, pesticides and other needed inputs for Cuba’s industrialized agricultural system (producing mostly sugar for export) stopped abruptly. Cuban agriculture had to change or the people would starve. And change needed to happen fast.

Fertilizers, pesticides, equipment and other farm inputs needed to come from local sources and harvests had to feed Cubans, not sweeten desserts in East Germany. It was like corporate farms in California or Iowa suddenly having to switch from chemically dependent monocultures feeding Manhattan to compost-fed, diversified crops feeding Fresno or Dubuque. Then, in 1999, I read an article in The New Internationalist about a surprising additional innovation in this latest Cuban revolution: Organiponico.

Cuban agriculture had to change or the people would starve.

Read the full article here


Monday, October 27, 2008

Getting out of Dodge to the Tropics?


Here is a great article written by my friend Tom Peifer. Tom is an agroecologist and he runs a non-profit called El Centro Verde and he has developed methods and educational programs around managing farms and forests while making the best use of soil, energy, water and other resources.

Culture Change - Home
Getting out of Dodge to the Tropics?
Written by Tom Peifer

In times of change, learners will inherit the earth. - Erich Fromm

The category 5 hurricane sweeping through the global economy has spun off any number of gusts, eddies and small tornadoes which have touched down in Guanacaste, Costa Rica, and muddied the sparkling future in the local development scene.

Sipping a margarita at sunset or taking in the view from a mountaintop, it’s easy to forget that the cash flow that made the road, rented the car and built the house at some point passed through any number of financial institutions which are now mired in mutual distrust or choking on mountains of financial toxic waste.
Read more...

Thursday, October 9, 2008

Questions to Ask Before You Purchase Property

How To Choose A New Residential Development In A Foreign Country

You're considering an investment property or a second house in a Central American residential development—in Costa Rica, Panama, Nicaragua or elsewhere. The shiny brochure is impressive, the website looked great, the pictures blew you away, the marketing representative of the development says all the right things and you're dead set on getting that beachfront lot with the great view.

Just a second. It's time to interrogate. It's time to assess whether the development really is right for you, and whether the development will develop as planned. You want to buy into a dynamic community—not an empty shell that will turn out to be little more than its marketing. The following are ten sets of important questions to ask of a developer to ensure that you're getting what you're paying for and that the development is on solid ground. A dishonest developer will shy away, while a good developer will respect your attention to these details, so don't be afraid to ask every last one of these even if it seems overly cautious. It can mean the difference between achieving your dream and being cheated out of your investment.

Property Title

Land ownership and title issues are common problems when buying foreign property. Ask these questions to ensure that you won't be thrown off the land after you have made the deal. If possible, follow up and make sure that the deeloper has answered truthfully and get the importat points in writing. Ask the developer:

* Do you or the landowner have full title to the property in question?
* What kind of title is it? (fee-simple, concession, indigenous?)
* Is title insurance available?
* Have you obtained it?
* If you have, what are the policy exclusions?
* Does a buyer receive title insurance for the particular piece of the project he or she is buying, or is the policy
* written for the entire property only?
* If title insurance isn’t available, how long has the developer owned the property?
* Who did he buy it from and how long did they own it?
* Do you guarantee title in the contract?

Master Plan


If the land is part of a larger community, make sure that it is well-planned. You could be left to fend for yourself for utilities or stuck with neighbors whose style and habits could make your dream home a nightmare to livein. Ask the developer:

* Has the property been properly subdivided and have the plans for development been approved by all relevant authorities?
* Have the appropriate environmental impact reports been submitted and approved?
* Has the lot plan been submitted and approved?
* Will there be a home owner’s association?
* Has it been registered?
* Are the terms and restrictions of homeownership in the development available?
* Will these terms, restrictions and association by-laws be incorporated into all lot titles?
* Are there any remaining government departments that need to approve the project?
* What infrastructure is already in place?
* What is the infrastructure plan and timeline?
* For additional infrastructure and services needed or promised, are those promises available in writing, by contract, to prospective buyers?
* Does your company have the capital to keep the project moving forward on its own, or are you relying on sales revenue to be able to make progress on the infrastructure?

Water

Water is essential to life, but that doesn't mean that a safe source of it will be provided by a developer. Ask the developer:

* What is the source of potable water?
* Is it being supplied by the developer, or is it up to buyers to provide their own?
* Is there enough water for the entire project?
* If there's a well involved? How high is the water table?
* How quickly does the water table replenish itself?
* If buyers have to source their own water supply, i.e. drill a well or install a rain collection system, is a feasibility study available?
* Has the water been tested?
* Is it free of contaminants?


Sewage

Here's another part of life that you may assume to be a given in any development, but you can't assume anything when creating your dream home in a foreign land...or even domestically. Ask the developer:

* How will waste disposal be handled?
* Septic of sewage?
* Is it up to buyers to install a septic system?
* Is the piece of property large enough to allow buyers to build what you’re intending to build?
* Compliance with local sewage disposal requirements?

Electricity


Rights to connect to the grids can be tricky in South America. Some are public, and some are private. Ask the developer:

* Where is the nearest electricity?
* Is there electricity already run to the project?
* If not, when will the power lines be installed?
* Will they be overground or underground?
* Who will run the lines: the developer or the government?
* Who will be responsible for their maintenance?

Experience

Developers who have great ideas are not always capable of seeing them through to completion, especially if they lack experience. Ask the developer:

* For how long have you been a real estate developer?
* For how long have you been a residential real estate developer?
* How many projects has your company worked with in the past?

What Is "Plan B"?

The best-laid plans of mice and men often go awry. Investors need an exit strategy and developers need "Plan B". Ask the developer:

* What happens if the project fails?
* What if sales never come in as you expect?
* What if you're forced to abandon his project?
* Will buyers still have the full use of the property?

Financing

When you put your savings on the line, you need to know the risks and have means of protecting it. This is especially crucial when dealing with foreign real estate. Ask the developer:

* What are the details of financing and installment payments?
* If the developer is financing, will the buyer receive property title with a mortgage or does the property not transfer until the final payment has been made?
* And for both projects will a deposit be held in escrow?
* Are deposits and other monies held separately or together?
* What is the first installment you require and when must the property be fully paid in the case of these two specific projects?

Closing

If everything goes according to plan, great! But then what happens? Ask the developer:

* Will we be allowed to handle the closing?
* What is the developer's law firm?
* What is its reputation?
* Is it recommended by the relevant embassy (U.S., Canada, European, etc.)?
* Who else will be involved in the transfer of legal documents?

References

* Does the developer have satisfied customer letters that can be reviewed?
* Can you put us in touch with past buyers—ideally at least five English-speaking buyers—especially foreigners, especially any from the US, Canada, UK, Ireland or Australia?
* Has anyone started building on their lots?

By the time all of those questions are answered, you should have a clear idea of whether the development will blossom or wither. Take special note of any development you might consider that doesn't answer these questions directly and promptly. The best of them will have most of the answers ready at hand with supporting independent documentation.