Risk - A Decision Tool For Expats Living Abroad


Published on

Risk - How to Evaluate Where to Live in the World in 2010 and Beyond

Published in: Travel
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide
  • Having Studied International Business for 7 years in College, I learned to make judgements basd on risk. This is how multinational companies decide where to do business Many of the concepts are applicable to you and I
  • If we llok at risk and our tolerance for risk, we can help understand a lot of the emotional feelings we get when thinking about where to live abroad
  • There are various types of Risk Polittical Risk might include Democratic traits, Historical Performance, govenment Stability, coups, civil rights, corruption, management, education, social services Economic risk looks at things like inflation, currency stability, economic performance, employment, demographics and Age of Pupulation, crime levels Personal Risk varies by individual but the choices we make impact things like cost of living, quality of healthcare, happiness, accessibility, friendliness toward Expats We want to limit risk but remember that Risk and return are related,expect lower returns with lower risk Some countries are more of a gamble for appreciationn so understand your motivations.
  • Risk - A Decision Tool For Expats Living Abroad

    1. 1. Risk - A Tool for Decision Making Where to Live or Invest Abroad? Steve Linder – Pacific Lots of Costa Rica www.PacificLots.com
    2. 2. Risk is Global <ul><li>We Need to Understand Risk </li></ul><ul><li>We can Use Risk to Our Advantage </li></ul><ul><li>There are Various Types of Risk </li></ul><ul><li>People Can Stomach Different Amounts of Risk </li></ul><ul><li>Our Risk Tolerance Changes as we Age </li></ul>
    3. 3. Risk Analysis & Comprehension <ul><li>Political – Stability of the Country </li></ul><ul><li>Economic – Stability of the Economy - $$ </li></ul><ul><li>Social – Drugs, Crime, Demographics </li></ul><ul><li>Personal Risk – Health, Finances, Well Being, Happiness, Relationships </li></ul><ul><li>We Want to Limit Risk Exposure </li></ul><ul><li>We Want to Maximize Upside Potential </li></ul>
    4. 4. Today’s Situation in the US <ul><li>Our Job Market Has Changed </li></ul><ul><li>Pension & Retirement Options Changed </li></ul><ul><li>Social Security Outlook has Changed </li></ul><ul><li>Global Debt Levels/ US Economic Health </li></ul><ul><li>Lower Net Worth, Ownership of US Assets </li></ul><ul><li>Health Care Options Changing </li></ul><ul><li>The Value of the Dollar is Changing </li></ul>
    5. 5. Tolerance Level for Risk <ul><li>Some of Us Will Take More Risk </li></ul><ul><li>Some are Risk Adverse </li></ul><ul><li>Old Beliefs Have Changed – Global World, Value of the Dollar, Jobs, Debt </li></ul><ul><li>Risk of doing Nothing </li></ul><ul><li>Age Related to Risk Tolerance – Lower your Risk as you get Older </li></ul>
    6. 6. Available Options <ul><li>We have many Country Choices </li></ul><ul><li>Each Have Advantages & Disadvantages </li></ul><ul><li>State cost/risk of each option – Cost is NOT JUST DOLLARS </li></ul>
    7. 7. Recommendation <ul><li>Why I Picked Costa Rica </li></ul><ul><li>It Is Not the Cheapest Option </li></ul><ul><li>Risk and Potential Return are Related </li></ul><ul><li>Return is not just about Money </li></ul><ul><li>What to do next – Think About Risk </li></ul><ul><li>Make Strategic Decisions and Revisit Them Over Time – Change if Necessary </li></ul>
    8. 8. See Our Costa Rica Slide Show <ul><li>If you are interested in Living Abroad </li></ul><ul><li>See our Website at www.PacificLots.com </li></ul><ul><li>See our Other Slide Shows </li></ul><ul><li>Check Us Out Online </li></ul><ul><li>Ask four Our Free DVD </li></ul><ul><li>See Why Costa Rica Ranks Worldwide </li></ul>