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Thursday, 10/18/2007 5:31:40 PM

Thursday, October 18, 2007 5:31:40 PM

Post# of 221867
A BIT ON THE POTENTIAL


http://www.escapeartist.com/efam15/Wireless_Advantage.html


'........investors and vacationers in developing and emerging countries that are ready to benefit from the wonders of "Bypass Technology".

The next generation of high-technology infrastructure is ideally suited to the developing world. The wonders of the wireless world give offshore haven countries the ability to bypass today's state-of-the-art American technology infrastructure of telephone lines and TV cables and leapfrog directly into the emerging global network of networks.

Many emerging or third world countries are rich in natural resources, land, minerals and a cheap labor pool, but have not had the technology or financing to develop the infrastructure needed for major undertakings like utilities, telecommunication systems and financial services, until very recently.

Countries like Belize, Honduras and Costa Rica haven't been able to build a national telephone system using pre-satellite technology, which required a major investment in cable and equipment, but now, they will soon be able to provide every resident and visitor with a digital cellular phone for a fraction of the cost of the conventional wired telephone systems that requires a huge investment in infrastructure, manpower and capital financing.

With this new technology, which is being installed simultaneously with the graying of America, many of the emerging countries around the world are becoming the retirement home of choice for baby-boomers, as well as for the world-travelers among our Expatriate community.

Why? Let me count the ways!

Lower Cost of Living

The primary promise that brings new residents to third world countries is the ability to live on a fraction of what it costs in the more developed (and therefore more highly taxed) countries of the world.

Fortune Magazine reported in 1998 that over 600,000 American have become Expatriates. They just want to maintain their lifestyle or get away from a society that does not meet their lifestyle expectations or provide the most conducive atmosphere for achieving their financial goals.

Most Americans, "the poorest retirement savers in the world", approach retirement with the shocking realization that they will have to live on the meager benefits allotted by social security. Even those who can supplement this pittance with an IRA, 401K, or company retirement plan often fall far short of their goals. .................'

As you know, most of you, US banks have to report all deposits over a certain amount, not sure what it is but it is low. Even your broker also. Every day they are tightening up surveillance.

US Credit cards track all all your movements and purchases. Then there are the taxes. These countries where the mass of population are poor and have always dreamed of going to the US to make a living, are now becoming favourite places of santuary for those who have made it, and who have learned the good sense, to find ways of keeping it.

Easy travel, the internet, and mobile wireless communication make it easy to feel close to the 'old home' from their new home.

And it is getting better by the day.

Financial services, and payment solutions, is a great business to be in, especially where it bypasses government interference. Whether this company will be the vehicle to be driving along that highway in is something we can only wait and see. At least I feel we have a good chance of getting out with our money back, and perhaps a few bucks to spare.

Bon Chance!

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