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<channel>
	<title>Guate Living</title>
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	<link>http://guateliving.com</link>
	<description>Real life in Guatemala</description>
	<lastBuildDate>Thu, 02 Sep 2010 20:47:07 +0000</lastBuildDate>
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			<item>
		<title>Prejudice with a Halo</title>
		<link>http://guateliving.com/2010/09/prejudice-with-a-halo/</link>
		<comments>http://guateliving.com/2010/09/prejudice-with-a-halo/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 20:47:07 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Absurd]]></category>
		<category><![CDATA[Immigration]]></category>
		<category><![CDATA[Opinion]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4426</guid>
		<description><![CDATA[&#8220;Why are some people so afraid of immigrants?  Why is xenophobia so in vogue?&#8221;
That was the question asked by a local blogger recently.  I&#8217;m not sure if he is referring to the hostility he shares with a few other Antiguenos towards white Christian foreigners, or if it was a veiled reference to Arizona&#8217;s recent legislation [...]]]></description>
			<content:encoded><![CDATA[<p>&#8220;Why are some people so afraid of immigrants?  Why is xenophobia so in vogue?&#8221;</p>
<p>That was <a href="http://antiguadailyphoto.com/2010/08/30/immigration-inception/">the question asked by a local blogger recently</a>.  I&#8217;m not sure if he is referring to the hostility he shares with a few other Antiguenos towards white Christian foreigners, or if it was a veiled reference to Arizona&#8217;s recent legislation making it a state crime to be in the US legally.  Effusive reader comments would seem to suggest the latter.</p>
<p>I enjoy observing the art of message manipulation, and so seeing the hate that has spilled forth because the people of Arizona are tired of the federal government empowering the drug dealers, rapists and murders who happen to be in the country illegally is, frankly, entertaining.  As has been pointed out here and elsewhere many times, neither Mexico nor Guatemala tolerates illegal immigration and yet my countrymen are &#8216;xenophobic&#8217; for preferring the rule of law.  Not to mention that it is already a federal crime to enter the country illegally, making the AZ law superfluous, especially relevant for those who oppose or are ignorant of a federal system of government and the growing legal battle by the states against the central government.   It&#8217;s gratifying to see that a dozen other states appear to be following my state&#8217;s lead.  The real fight is with the federal government of course, not the immigrants, but those are just details that get in the way of good propaganda.</p>
<p>You would think a people with a history such as those who are migrating would prefer law and order after so much civil unrest, abuse and corruption in their native countries.  But you&#8217;d be wrong.  Ask a local if you may enter their house without their permission and take their possessions and return to your home at a time of your own choosing and they will quickly agree this is wrong, but the idea of a nation controlling its borders and admitting who it wants when it wants is simply outrageous.  Until, that is, you remind them that Guatemala does this very thing.  <em>Oh, but that&#8217;s different Don Marco, we don&#8217;t need <span style="text-decoration: underline;">you</span>, but you need <span style="text-decoration: underline;">us</span>.</em> Tell that to my maids, my employees, or the Guatemalans I keep employed through my profligate spending around town.  There are even Guatemalans who live on the tourist industry here but secretly resent the tourists.  I&#8217;m shocked, just shocked!</p>
<p>In fact, of all the developed nations, the US has the greatest history of immigration-legal and otherwise.  Latinos now outnumber blacks, Indians and Asians continue to come to the US (if only to learn and then go home), and at every level of society first generation immigrants are thriving.  Most of them are legal and wish other immigrants would respect their new nation&#8217;s laws.  Perhaps all those legal immigrants are racist xenophobes too for wanting others to work and wait and play by the rules, like they did.</p>
<p>One &#8216;friend&#8217; here called me a racist to my face for supporting the AZ legislation.  Of course, I found out immediately he was completely ignorant of the law, thinking as he did that cops could stop anyone they wanted and jail them if they didn&#8217;t have immigration papers.  I tried to explain <a href="http://en.wikipedia.org/wiki/Probable_cause">probable cause</a> to him without success (there is no such legal protection here, a point I found deliciously ironic), due process of law, etc.  I told him that I thought the AZ law didn&#8217;t go far enough, because in my opinion to enter the country to work and live you should have to pass a physical, demonstrate a certain net worth, pass a literacy test, and have the recommendation of three native-born citizens.</p>
<p>He was appalled and thought he had &#8216;caught me&#8217; in my own argument by pointing out that I couldn&#8217;t pass a literacy test in Spanish.  When I pointed out that this higher bar for entry to the US was in direct proportion to the much higher demand for entry, I think I lost him.  When I offered military service as an alternative path to citizenship, he protested vigorously that military service was &#8216;offensive&#8217; and that the Guatemalan people were &#8216;peaceful&#8217;.  <em>Tell that to the families of the 16 people a day murdered here. </em>He became apoplectic when I suggested that even better would be to allow anyone to vote, citizen or not, so long as they owned property.  Yes, even those dirty, stinky brown Spanish speakers, so long as they own land.  <em>White and homeless, try again in four years</em>.  Merit-based anything can make some people crazy.</p>
<p>The answer to Rudy&#8217;s question, of course, is that few people in the US are afraid of immigrants.  They&#8217;re afraid of losing their job to someone willing to work for less than the minimum wage, being run over by a drunk driver, having their little girl raped and murdered, paying ever-higher income taxes to support an exploding welfare class or getting beat up for walking on the wrong side of the road or wearing the wrong basketball jersey.  Having grown up in Tucson and Phoenix I&#8217;ve seen all these headlines on a near-daily basis, which perhaps to others is really just a mass delusion without basis in fact that we&#8217;ve cooked up (and convinced the leftist, pro-migrant media to support), to mask our hatred for our darker-skin neighbors.  We Arizonans hate everything about Latinos; we hate their tequila, their women, their food, their music, their soccer, their Christianity.  Yeah, that&#8217;s why you see whitey in their restaurants, at their concerts, marrying their women and supporting their churches; we don&#8217;t mean what we say we mean about the rule of law, it&#8217;s because we&#8217;re really just racists.  Como se dice:  red herring?</p>
<p>For my part, I never experienced racism and discrimination until I came to Guatemala.  Even in Mississippi at the black-run BBQ joint they didn&#8217;t charge me more for ribs because I was white or from the &#8216;Yankee&#8217; state of Arizona, and when I asked at the Jewish deli in Philly if Catholics could order off the public menu they laughed and made jokes about wishing they had their own Pope to stop all the bickering.  But here in Guate I can&#8217;t get a work visa, after all, I&#8217;m a foreigner, and while I&#8217;m welcome to visit for 90 days at a time and pay higher prices for things based on my skin color, I can&#8217;t even serve as the registered agent for my own company.  You have to be a Guatemalan to do that.  Walk into the Secretary of State&#8217;s office in Phoenix to form your own corporation and as long as you can pay the $100 (it&#8217;s $600 here), they don&#8217;t care whether you&#8217;re legal or not, black, brown or white, carrying TB in your lungs or a nuke in your suitcase or even if you hate America.  That&#8217;s just how xenophobic we are.</p>
<p>What&#8217;s the old saying about hypocrisy?  Kicking with the hind feet while licking with the tongue? How apropos.</p>
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		<title>Ladron en La Casa</title>
		<link>http://guateliving.com/2010/09/ladron-en-la-casa/</link>
		<comments>http://guateliving.com/2010/09/ladron-en-la-casa/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 17:02:54 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[The Maid]]></category>
		<category><![CDATA[Way of Life]]></category>
		<category><![CDATA[maid]]></category>
		<category><![CDATA[stealing]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4405</guid>
		<description><![CDATA[A while back, I posted that our laundry detergent and a bottle of fabric softener had gone missing.  Some of you suggested it might have been taken and to tell you the  truth, I didn’t want to think about it because that would most likely  mean it was our maid that was [...]]]></description>
			<content:encoded><![CDATA[<p>A while back, I posted that our<a href="http://www.expatmom.info/the-no-good-stinky-day/" target="_blank"> laundry detergent and a bottle of fabric softener had gone missing</a>.  Some of you suggested it might have been taken and to tell you the  truth, I didn’t want to think about it because that would most likely  mean it was our maid that was stealing. She has been absolutely amazing  with the boys and we have had very few problems with her, so I really,  really didn’t want to consider that as a possibility.</p>
<p>The Monday after I was frantically looking for the laundry stuff and  after Irving had called her at home to ask if she’d seen it, our maid  miraculously discovered the laundry soap at the bottom of a laundry  basket that both Irving and I had checked. It was odd, but I thought  maybe we’d just looked too quickly and missed it. The fabric softener  didn’t turn up at all.</p>
<p>Then Irving got a call to go play a gig and when he went to iron his  shirt . . . no iron. Anywhere. He went and scoured his family’s house  because they have a tendency to borrow it. But they had two new irons  and he couldn’t find ours anywhere. The maid said she hadn’t seen it in  months . . . which could easily be true since we haven’t used it in  ages.</p>
<p>And now, over the past week&#8230;.</p>
<p>(<a href="http://www.expatmom.info/i-hate-to-be-so-cynical-but/">continue reading</a>)</p>
]]></content:encoded>
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		<title>Conversation on the Boat</title>
		<link>http://guateliving.com/2010/09/conversation-on-the-boat/</link>
		<comments>http://guateliving.com/2010/09/conversation-on-the-boat/#comments</comments>
		<pubDate>Thu, 02 Sep 2010 15:05:49 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Absurd]]></category>
		<category><![CDATA[Way of Life]]></category>
		<category><![CDATA[Atitlan]]></category>
		<category><![CDATA[boat]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4256</guid>
		<description><![CDATA[I was at Atitlan recently and took the boat from Pana to San Pedro.  As is always the case, the pilot had to stop several times to do something with the motor (during the 20 minute ride across the lake).
Then he drove right through the huge mass of trash that can be seen from hundreds [...]]]></description>
			<content:encoded><![CDATA[<p>I was at Atitlan recently and took the boat from Pana to San Pedro.  As is always the case, the pilot had to stop several times to do something with the motor (during the 20 minute ride across the lake).</p>
<p>Then he drove right through the huge mass of trash that can be seen from hundreds of meters away and is always in the same place (I presume wind/water currents cause the trash to all gather there).  Of course, about 3/4 of the way through it the trash had collected around the propeller and there was lots of back and forth on the throttle and screwing around with the prop and motor to get going again.  I bit my tongue.</p>
<p>On the way back, the same process was repeated.  So I asked the pilot:</p>
<blockquote><p>DM:  You know where the trash is, but you drive through it anyway?</p>
<p>Pilot:  Si.</p>
<p>DM:  Why?</p>
<p>Pilot:  I don&#8217;t know.</p>
<p>DM:  Why don&#8217;t you drive around the trash?</p>
<p>Pilot:  It&#8217;s really big.</p>
<p>DM:  Yeah, but the gas to drive around it is, como se dice &#8220;inconsequential&#8221;</p>
<p>Pilot:  But it would add too much time.</p>
<p>DM:  But when you drive through the trash lake we get stuck, and often sit for five or ten minutes while you play with the motor.  That is inconvenient for the passengers and over the course of a day likely causes you to miss a round-trip worth of revenue.</p>
<p>Pilot:  Fijese&#8230;</p>
<p>DM:  Plus over time you are likely doing harm to the engine and propeller.</p>
<p>Pilot:  [silence]</p></blockquote>
<p>Then I noticed all the stares on the boat.  The Indians were glaring, the Latinos trying to be invisible, the Indian girl from London with two enormous backpacks was laughing and the girl from Edinburgh with Daisy Duke cutoffs had eyes the size of saucers.  My friend &#8220;Paul&#8221; appeared to be asleep, despite the wind, rain and three foot waves.</p>
<p>The pilot turned his back to me and refused to make eye contact.  While we drifted towards the rocky north shore I wondered if my iPhone would survive if I had to make an early exit.  Would &#8220;Paul&#8221; survive?  Probably; he&#8217;s spent some time on open water.  Fortunately, the pilot eventually got the motor started again and we arrived at the Pana dock without further incident.  I saw &#8220;Paul&#8221; rush off the boat, pay the first guy he ran into and move up the shore a safe distance away, just in case, you know, there was some sort of reprisal for my imprudent questioning of the pilot&#8217;s navigation competence.</p>
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		<slash:comments>4</slash:comments>
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		<title>Ask Don Marco</title>
		<link>http://guateliving.com/2010/09/ask-don-marco/</link>
		<comments>http://guateliving.com/2010/09/ask-don-marco/#comments</comments>
		<pubDate>Wed, 01 Sep 2010 15:34:51 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Transportation]]></category>
		<category><![CDATA[cars]]></category>
		<category><![CDATA[import]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4361</guid>
		<description><![CDATA[From an email:
Hola Don Marcos, how are you?
My name is [obscured].
First of all, I´d like to tell that your blog is being really helpful and I´m having a lot of fun reading your stories. It´s like an addiction. I have to read it everyday otherwise I feel like something is missing and I can´t hit the pillow.
I´m [...]]]></description>
			<content:encoded><![CDATA[<p>From an email:</p>
<blockquote><p>Hola Don Marcos, how are you?</p>
<p>My name is [obscured].</p>
<p>First of all, I´d like to tell that your blog is being really helpful and I´m having a lot of fun reading your stories. It´s like an addiction. I have to read it everyday otherwise I feel like something is missing and I can´t hit the pillow.</p>
<p>I´m new here in Guatemala(came from Mexico about 2months ago) and I´m begining to learn how things work around here.</p>
<p>Since last month, I´m trying to find a nice used car, I´ve tried through gt.clasificados.st online,<br />
yeah there are lots of cars tagged with nitido, reciente ingreso, papeles a toda prueba, etc etc<br />
but when i saw them physically they were horrible&#8230; roaring engine,  rusty parts, loosen driver´s seat, you name it&#8230; and they insist on  calling that NITIDO&#8230;<br />
I also met one seller that loves to say FIJESE&#8230;that word gets on me nerves&#8230;</p>
<p>It´s really stressful to find a BONITO Y BARATO car around here</p>
<p>Anyways, today we found a good car according to my father´s test drive and engine check<br />
Mazda MPV 2000 w/leather seats for $6,875 and negotiated to be $6,200<br />
I told the guy(seller) to meet me tomorrow to make the payment since i´m waiting to get my NIT</p>
<p>But once i got home I checked the VIN history and found out that the  odometer might have been tampered&#8230;the report shows more than 159,000  miles and the car shows 92,700!<br />
another thing is the salvage title&#8230;as total loss</p>
<p>We liked the car&#8230;besides we are not expecting to buy a luxury car  since we don´t have enough money to do so, and looking at the highways  and streets here an expensive car is not worth it.<br />
SO, i was thinking to re-negotiate with this guy and ask him to make it for $5,000 or LESS</p>
<p>Pls, Don Marcos give me your advice<br />
What should i do?</p>
<p>Sorry for bothering you with this but I don´t know anybody else around here to ask to<br />
and you seem to be a nice person with lots of experience here in Guate <img title="Smile" src="http://gfx1.hotmail.com/mail/w4/m3/ltr/emo/smile.gif" alt="Smile" width="19" height="19" /></p>
<p>Have a nice weekend ! <img title="Open-mouth smile" src="http://gfx1.hotmail.com/mail/w4/m3/ltr/emo/open_mouthed_smile.gif" alt="Open-mouth smile" width="19" height="19" /></p>
<p>Sincerely yours,</p>
<p>[obscured]</p></blockquote>
<p>Dear [obscured],</p>
<p>I would not buy a car (for any     price) that I thought had been tampered with.  If the odometer has     been manipulated, what else is wrong?  There is a big business here     bringing cars from the US that have been totaled and then they fix     them up like nothing ever happened.</p>
<p>It is possible to find a decent car here, but most people I know     import them from the US.  Cars are generally more expensive here as     well because of the 26% import fee (plus $1000 to transport).</p>
<p>I hope that helps.</p>
<p>Mark</p>
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		<title>The Latest Gossip</title>
		<link>http://guateliving.com/2010/08/the-latest-gossip/</link>
		<comments>http://guateliving.com/2010/08/the-latest-gossip/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 15:25:08 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Expat Adaptation]]></category>
		<category><![CDATA[gossip]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4357</guid>
		<description><![CDATA[One of my friends calls occasionally and says, &#8220;What&#8217;s the latest gossip?&#8221;  He knows how Antigua works and is always curious to hear what people have cooked up recently.
Well, the other day a friend approached me and said, &#8220;You&#8217;re going to love this one.  I just heard that you&#8217;re a former Mafia hitman under witness [...]]]></description>
			<content:encoded><![CDATA[<p>One of my friends calls occasionally and says, &#8220;What&#8217;s the latest gossip?&#8221;  He knows how Antigua works and is always curious to hear what people have cooked up recently.</p>
<p>Well, the other day a friend approached me and said, &#8220;You&#8217;re going to love this one.  I just heard that you&#8217;re a former Mafia hitman under witness protection here in Guatemala, and that your friend [Paul] who you&#8217;re always hanging out with is not really a retired military guy but he&#8217;s a US Marshal who is responsible for debriefing you and keeping an eye on things.  That&#8217;s why he&#8217;s always coming and going on short notice, because he&#8217;s rushing back to Philly or NYC after talking to you.&#8221;</p>
<p>Perhaps not all of you expats-to-be will be the beneficiary of such sexy gossip, but there&#8217;s definitely more to it than just the fact that I stir the pot on this blog.  Check out <a href="http://www.escapefromamerica.com/2010/07/gossip-in-expat-communities/">this extensive article on expat gossip</a>.</p>
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		<title>When a Reader Becomes Something More</title>
		<link>http://guateliving.com/2010/08/when-a-reader-becomes-something-more/</link>
		<comments>http://guateliving.com/2010/08/when-a-reader-becomes-something-more/#comments</comments>
		<pubDate>Mon, 30 Aug 2010 14:55:11 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Misc]]></category>
		<category><![CDATA[mule]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4350</guid>
		<description><![CDATA[A few days ago a dozen roses showed up at the house, and my daughter came running to the Wife all excited saying, &#8220;Look, Daddy sent you some beautiful roses&#8221;, to which the Wife responded, &#8220;What makes you think it was your Dad, it could have been my boyfriend?&#8221;.
Well, the daughter was quite taken aback [...]]]></description>
			<content:encoded><![CDATA[<p>A few days ago a dozen roses showed up at the house, and my daughter came running to the Wife all excited saying, &#8220;Look, Daddy sent you some beautiful roses&#8221;, to which the Wife responded, &#8220;What makes you think it was your Dad, it could have been my boyfriend?&#8221;.</p>
<p>Well, the daughter was quite taken aback and said, &#8220;What boyfriend?&#8221; to which the teenager responded, &#8220;You know, Mr. [Paul], the guy from Ohio that is always bringing Mom chocolates and spices whenever he flies down&#8221;.</p>
<p><em>Hmm, maybe I need to reevaluate this whole &#8216;mule&#8217; operation&#8230;</em></p>
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		<title>Atitlan in WSJ</title>
		<link>http://guateliving.com/2010/08/atitlan-in-wsj/</link>
		<comments>http://guateliving.com/2010/08/atitlan-in-wsj/#comments</comments>
		<pubDate>Sat, 28 Aug 2010 15:57:07 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Atitlan]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4332</guid>
		<description><![CDATA[The English writer Aldous Huxley once called Guatemala&#8217;s Lake  Atitlán, deep in the Mayan highlands and surrounded by three volcanoes,  &#8220;the most beautiful lake in the world.&#8221; Then came Guatemala&#8217;s bloody  civil war. Thousands died—many on the lake&#8217;s shores—and by the war&#8217;s end  36 years later in 1996, the visitors were [...]]]></description>
			<content:encoded><![CDATA[<p>The English writer Aldous Huxley once called Guatemala&#8217;s Lake  Atitlán, deep in the Mayan highlands and surrounded by three volcanoes,  &#8220;the most beautiful lake in the world.&#8221; Then came Guatemala&#8217;s bloody  civil war. Thousands died—many on the lake&#8217;s shores—and by the war&#8217;s end  36 years later in 1996, the visitors were nearly gone.</p>
<p>It&#8217;s taken  years for Atitlán to rebuild what once made it the talk of travelers.  Now the high-altitude lake is emerging as an offbeat destination for  luxury tourists—a quiet oasis in a country known mostly for roughing it  with a backpack. It also offers something typical posh destinations  don&#8217;t: the chance to rub elbows with a native culture of the highlands  Maya, as much of a draw as the dramatic setting.</p>
<p>On  a steep hill overlooking the lake, Casa Palopó, a nine-room hotel in a  converted villa above the village of Santa Catarina, offers a peek into  where luxury tourism alternatives in Central America might be headed in  an effort to grab that kind of traveler. Spacious rooms are painted in  deep colors, reminiscent of old Spanish colonial buildings, and the  hotel interior is tastefully appointed with antique furniture along with  striking artworks by contemporary artists from the region. A stylish  restaurant recently served rack of lamb and grilled bass from the lake  (the menu changes frequently to the chef&#8217;s tastes). Morning coffee comes  in French presses on floral china.</p>
<p><a name="U301133406680KJB"></a>A short distance away, a very different world exists.</p>
<p>(<a href="http://online.wsj.com/article/SB10001424052748704164904575421480348022808.html">continue reading</a>)</p>
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		<slash:comments>1</slash:comments>
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		<title>Free Wine Tasting Today</title>
		<link>http://guateliving.com/2010/08/free-wine-tasting-today/</link>
		<comments>http://guateliving.com/2010/08/free-wine-tasting-today/#comments</comments>
		<pubDate>Fri, 27 Aug 2010 19:35:29 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[I Love Antigua]]></category>
		<category><![CDATA[social]]></category>
		<category><![CDATA[wine]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4386</guid>
		<description><![CDATA[There is a free wine tasting today at El Sitio for Que Pasa VIP cardholders.  If you live here or visit occasionally and you don&#8217;t own the VIP card, you should; it entitles you to discounts at dozens of Antigua&#8217;s best establishments as well as invitations to little member-only events like these.  Even those on [...]]]></description>
			<content:encoded><![CDATA[<p>There is a free wine tasting today at El Sitio for <a href="http://guateliving.com/index.php?adclick=41">Que Pasa VIP</a> cardholders.  If you live here or visit occasionally and you don&#8217;t own the VIP card, you should; it entitles you to discounts at dozens of Antigua&#8217;s best establishments as well as invitations to little member-only events like these.  Even those on Antigua&#8217;s Blacklist (such as yours truly) can attend with the card.</p>
<p>Bottles will be opened at 5pm.</p>
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		<title>Use Your IRA to Buy a Business in Guatemala</title>
		<link>http://guateliving.com/2010/08/use-your-ira-to-buy-a-business-in-guatemala/</link>
		<comments>http://guateliving.com/2010/08/use-your-ira-to-buy-a-business-in-guatemala/#comments</comments>
		<pubDate>Fri, 27 Aug 2010 15:00:07 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Invest in Guate]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4275</guid>
		<description><![CDATA[A few weeks ago I mentioned to a friend who was visiting that I was looking at buying a business here in Guate.  After sharing a few details about it he got really excited, and then explained that he just didn&#8217;t have much cash and that he wished he could do something with his old [...]]]></description>
			<content:encoded><![CDATA[<p>A few weeks ago I mentioned to a friend who was visiting that I was looking at buying a business here in Guate.  After sharing a few details about it he got really excited, and then explained that he just didn&#8217;t have much cash and that he wished he could do something with his old 401k that was languishing in some mutual fund.</p>
<p>When I explained that he <em>could </em>use that money to invest in Guate by transferring it to a self-directed IRA and then buying shares in a Guatemalan corporation (they&#8217;re called Sociedad Anonima or &#8216;SA&#8217;), he got as giddy as a shoehine boy in the park after getting a 20Q tip!  I even shared with him how we might be able to generate some tax benefits out of the thing.  (You&#8217;ll definitely have to buy me a drink for that tip).</p>
<p>Regrettably, that business opportunity vanished after I asked a few tough questions about the financials (that would supposedly support the asking price).  Turns out the business has really only been up and running for 9 months (know anyone that sells a good business only 9 months after starting it?), and net income is a lot less when you consider the owner is working night and day and not counting those hours as wages.  If I had to hire someone to replace the owner, I&#8217;d be looking at 3000Q a month, minimum, which would cut the net income by 20%.  Oh, and she wasn&#8217;t paying market rent to her &#8216;friend&#8217; but I would have to, at some unknown (higher) price.  I&#8217;m not thrilled about forking over $50k for that and she wasn&#8217;t thrilled about an escrow account based on net income performance.  <em>Duh</em>!</p>
<p>But I thought I would take the opportunity to tell you that it is possible to take that dusty old 401k or IRA and tweak it to invest in Guatemala.  You can&#8217;t exactly buy a house to live in, but you could buy it for investment purposes.  Or you could buy a bar, which would undoubtedly be a good investment for some of you, considering how much my frequent visitors tend to consume.  You could buy a finca and export coffee, or&#8230;well, the opportunities are limitless.</p>
<p>Regardless, better to do it now than AFTER <a href="http://www.lewrockwell.com/holland/holland12.1.html">Obama implements a 30% tax on &#8216;qualified retirement assets</a>&#8216;.</p>
<p><img class="qtl" title="Copy selction" src="http://www.qtl.co.il/img/copy.png" alt="" /><a title="Search With Google" href="http://www.google.com/search?q=(unless%20you're%20thinking%20of%20starting%20a%20restaurant%20or%20any%20other%20business%20in%20Antigua%20that%20caters%20to%20non-Antigueno" target="_blank"><img class="qtl" src="http://www.google.com/favicon.ico" alt="" /></a><img class="qtl" title="Translate With Google" src="http://www.qtl.co.il/img/trans.png" alt="" /></p>
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		<title>How Much Does a Visit to the Free Hospital Cost?</title>
		<link>http://guateliving.com/2010/08/how-much-does-a-visit-to-the-free-hospital-cost/</link>
		<comments>http://guateliving.com/2010/08/how-much-does-a-visit-to-the-free-hospital-cost/#comments</comments>
		<pubDate>Thu, 26 Aug 2010 23:21:38 +0000</pubDate>
		<dc:creator>Mark</dc:creator>
				<category><![CDATA[Way of Life]]></category>

		<guid isPermaLink="false">http://guateliving.com/?p=4375</guid>
		<description><![CDATA[&#8220;I need money for my sick kid&#8221;.  This statement is made to us on a regular basis. Always by women. When  men lie about needing money, they ask for their sick wife. When women  lie about needing money, it is for their sick child. Not that needing  the money is the lie, [...]]]></description>
			<content:encoded><![CDATA[<p>&#8220;I need money for my sick kid&#8221;.  This statement is made to us on a regular basis. Always by women. When  men lie about needing money, they ask for their sick wife. When women  lie about needing money, it is for their sick child. Not that needing  the money is the lie, but the story they tell that they think will  convince you, the merciful yet stupid gringo, to give them the money.</p>
<div>A  lady whose never talked to us before nor come to any of our activities  recently approached us in Santa Rita. She told me she needed Q200  because her 4 yr old daughter is sick. Here&#8217;s our conversation</div>
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<div>(<a href="http://sweatypeten.blogspot.com/2010/08/i-need-money-for-my-sick-kid.html">continue reading</a>)</div>
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