FAQ , My Right Life Investment Properties

Question 1

Who is My Right Life for?

Accepted Answer

My Right Life is built specifically for Canadian business owners, incorporated entrepreneurs, professionals, and executives who have retained earnings, corporate cash flow, or personal savings they want to deploy into real, income-producing assets outside of Canada. If you're looking for a way to diversify internationally, generate USD-denominated yield, and reduce your exposure to Canadian real estate and equity markets, this platform is for you.

Question 2

Do I need to be an experienced real estate investor?

Accepted Answer

No. Many of our clients are investing in international real estate for the first time. We walk you through every step, from understanding the market fundamentals to navigating the legal structure, financing options, and property management setup. Our job is to make this as straightforward as possible for a busy business owner.

Question 3

What is the minimum investment amount?

Accepted Answer

Entry points vary by market and property type. Our Paraguay opportunities start from approximately $80,000 USD, making them accessible for business owners deploying smaller amounts of retained earnings. Panama opportunities start from $150,000 USD. Belize and Turks & Caicos properties typically start from $350,000–$420,000 USD. We'll help you match the right opportunity to your budget and goals during your discovery call.

Question 4

How do I get started?

Accepted Answer

The first step is a free 30-minute discovery call. We'll ask about your business structure, tax situation, investment goals, and timeline, and give you an honest assessment of which markets and properties might be the right fit. There's no pitch and no pressure. Book your call through the contact form on our homepage.

Question 5

Can I invest through my corporation?

Accepted Answer

Yes, and for most Canadian business owners, investing through a holding company or operating corporation is the most tax-efficient approach. We work closely with Canadian tax advisors and can connect you with specialists who understand the specific rules around passive income, foreign accrual property income (FAPI), and the use of retained earnings for international real estate investment.

Question 6

Can foreigners legally own property in Belize, Paraguay, and Turks & Caicos?

Accepted Answer

Yes. All four markets we operate in — Belize, Paraguay, Turks & Caicos, and Panama — offer full foreign ownership rights with no restrictions on repatriation of funds. Belize and Turks & Caicos operate under British common law, making title structures familiar and legally robust. Paraguay and Panama have straightforward legal systems with strong property rights for foreign investors. We vet the legal structure of every property before presenting it.

Question 7

What ownership structures are available?

Accepted Answer

Depending on the market and property, ownership can be structured as direct title (fee simple), through a local corporation, or through a trust structure. Each has different implications for tax, estate planning, and ease of transfer. We'll walk you through the options and connect you with local legal counsel to determine the best structure for your situation.

Question 8

Is financing available for international properties?

Accepted Answer

Most of our clients purchase with cash or corporate funds rather than financing, as international mortgage options are limited for non-residents. Some developers offer vendor financing at competitive rates. We'll outline all available options during the due diligence process. Many clients find that deploying retained earnings directly, rather than leveraging, produces the cleanest tax and legal outcome.

Question 9

What kind of returns can I realistically expect?

Accepted Answer

Our properties target 8–20% gross cash-on-cash yield depending on the market and property type. Turks & Caicos properties typically yield 13–20% gross, driven by high nightly rates and 75–90% occupancy. Belize resort units target 8.6% cash-on-cash. Paraguay condos target 10–16% gross yield. Panama properties target 8–14% gross yield depending on location and property type. These figures are based on developer projections and comparable market data, we present them transparently alongside the assumptions behind them.

Question 10

Are the yield projections guaranteed?

Accepted Answer

No yield projection is guaranteed. Vacation rental income depends on occupancy rates, nightly pricing, management quality, and broader tourism trends, all of which can vary. We present conservative, base-case, and optimistic scenarios so you can stress-test the numbers yourself. We only present properties where we believe the base-case projections are achievable based on comparable market data.

Question 11

How is rental income collected and distributed?

Accepted Answer

Each property has a professional management company that handles bookings, guest services, maintenance, and financial reporting. Rental income is typically distributed monthly or quarterly, net of management fees (usually 20–30% of gross revenue). Income is paid in USD directly to your designated account. We vet every management company before recommending a property.

Question 12

What appreciation potential do these markets offer?

Accepted Answer

Turks & Caicos has seen 35%+ appreciation over recent years, driven by constrained supply and strong demand from North American and European buyers. Belize's Ambergris Caye market has appreciated consistently as tourism infrastructure improves. Paraguay offers strong appreciation potential as Asunción continues to develop as a regional business hub. Appreciation is a bonus, we underwrite every deal on yield alone.

Question 13

What are the tax implications for Canadian investors?

Accepted Answer

Canadian residents are taxed on worldwide income, so rental income from international properties must be reported to the CRA. However, the tax treatment depends heavily on your ownership structure (personal vs. corporate), the applicable tax treaty, and how the income is classified. Paraguay's 10% flat tax and zero capital gains tax make it particularly attractive. Panama's territorial tax system means foreign-sourced income is entirely exempt from Panamanian tax. We strongly recommend working with a Canadian tax advisor who specializes in international real estate, we can refer you to specialists we trust.

Question 14

Is there a tax treaty between Canada and these countries?

Accepted Answer

Canada has a tax treaty with Paraguay. There is no formal tax treaty between Canada and Belize, Turks & Caicos, or Panama, but the tax environments in all four jurisdictions are favourable. Belize has no capital gains tax, Turks & Caicos has no income tax or capital gains tax, Paraguay has a flat 10% tax with zero capital gains tax, and Panama exempts all foreign-sourced income from local tax. Your Canadian tax advisor will help you structure ownership to minimize double taxation.

Question 15

What due diligence do you perform on properties?

Accepted Answer

Every property we present has been vetted for: clear title and legal ownership structure; foreign ownership rights and restrictions; developer track record and financial stability; management company quality and occupancy history; financial projections reviewed against comparable market data; and exit strategy and liquidity. We do not present properties we would not invest in ourselves.

Question 16

Do I need a local lawyer?

Accepted Answer

Yes, and we strongly recommend it. We can connect you with vetted local legal counsel in each market who specialize in foreign property purchases. Legal fees for a standard purchase are typically $1,500–$3,500 USD depending on the market and complexity. This is a non-negotiable part of the process and protects your investment.

Question 17

Do I need to manage the property myself?

Accepted Answer

No. Every property we recommend comes with a professional on-site management company that handles everything , bookings, guest check-in/check-out, cleaning, maintenance, and financial reporting. This is a true turnkey investment. You own the asset; the management company runs it. You receive monthly or quarterly income distributions and performance reports.

Question 18

What are the typical management fees?

Accepted Answer

Management fees typically range from 20–30% of gross rental revenue, depending on the property and market. This covers all operational costs including booking platform fees, cleaning, minor maintenance, and guest services. Major capital expenditures (roof replacement, major renovations) are typically the owner's responsibility and should be factored into your financial planning.

Question 19

Can I use the property personally?

Accepted Answer

Yes , most properties allow owner usage, typically with advance notice and subject to availability. Personal use periods are usually excluded from the rental pool during those dates, which will affect your yield for that period. The terms vary by property and management agreement. We'll outline the personal use policy for each specific property during the due diligence process.

Question 20

What happens if the management company underperforms?

Accepted Answer

Management agreements typically include performance benchmarks and termination clauses. If a management company consistently underperforms, you have the right to switch providers. We maintain relationships with multiple management companies in each market and can assist with transitions if needed. This is one of the reasons we only recommend properties in markets where we have strong on-the-ground relationships.

Question 21

How liquid are these investments?

Accepted Answer

International vacation rental properties are less liquid than publicly traded assets , you should plan for a 3–12 month sale process depending on the market and property. Turks & Caicos has the most active resale market due to strong demand from international buyers. Belize, Paraguay, and Panama have growing resale markets. We recommend a minimum 5-year investment horizon to fully benefit from both yield and appreciation.

Question 22

Are there capital gains taxes on sale?

Accepted Answer

This depends on the jurisdiction. Belize, Turks & Caicos, Paraguay, and Panama all have no capital gains tax at the local level. However, as a Canadian resident, you will be subject to Canadian capital gains tax on any profit from the sale, regardless of where the property is located. Proper structuring at the time of purchase can minimize this exposure , another reason to work with a qualified Canadian tax advisor from the outset.

Question 23

Can I sell to another investor through My Right Life?

Accepted Answer

We are building a network of investors who may be interested in acquiring existing properties from our community. While we don't operate a formal resale marketplace, we can facilitate introductions between sellers and prospective buyers within our investor network. This is an evolving part of our platform.

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Frequently AskedQuestions

Getting Started

Your Questions Deserve a Real Conversation

Frequently Asked
Questions