I recently interviewed Mike Cobb, the Chief Executive Office of ECI Development, Ltd. a few weeks ago about what are some of the big issues facing property buyers and investors in Latin America right now. Here is a part of his thoughts.
Q. What do you mean when you say that people need to "thin-slice" Latin America to really get it right?
Before most people consider moving to another country, they usually want to know what the key differences are between the U.S. and the new area they're thinking about. The best way to get that kind of information is to find someone who has lived abroad for a few years and can answer any of your questions. Carol Cobb is a married woman and a mother of two daughters. A few years ago, she and her family moved from the U.S. to Managua, Nicaragua, and they have been happily living there ever since.
Can you give me a brief description about the community you live in?
I would call it an American style community with a gate. There are about 25 to 30 homes. There are sidewalks, cul de sacks, and a small park where the kids can play.
