My grandfather was born in the humble village of Highgate, St. Mary in the middle of Jamaica. And while its a bustling agricultural town with a nice view of the mountains, its not a happening tourist location and easily dismissed by myself and my 30 cousins spread over the US and England. Until……we discovered that we were entitled to the housing benefit offered to all Jamaican citizens or children and grandchildren. Well, we had to discover more. And now more than ever it is interesting that persons are seeking to get any benefit that will help them build out their investment options. If you can get an investment benefits from your parents or grandparents citizenship, why not? Globally, real estate has held its own in this COVID time. And governments have offered incentives to their citizens to build or buy property. In the US there are persks such as the 1031 exchange which is really a tax free way to acquire a new home when you sell your old home. Check out the FF playlist to see discussions in previous episodes. Of course, many persons in the United States have ties to other countries through birth or their parents and grandparents. So are you leaving an opportunity to profit by acquiring more real estate with benefits given to citizens? Could you simply get a passport from your parents or grandparents home country and then benefit from a housing grant?
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While working in the financial sector, I realized that some clients got favorable treatment and others did not. It was about having someone available to call you and say do this and do that. Or move your money here or ask for this opportunity. I realized that if I had that kind of mentorship, it could make a real difference to my life. Never would I have guessed that having a child with special needs would propel my need for financial mentorship so quickly. As I learned, I shared with my clients. And now I open this training for you.
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