024: Agriculture investing in Paraguay with David Smith

In this episode, I chatted with David Smith of Paraguay Invest about owning Orange trees and Citrus trees in Paraguay. Today, he will share to use the gotchas of Agriculture Invesment in Paraguay.

David is the General Manager of Paraguay Ag Invest, S.A. He is born in Dayton, Ohio and have worked overseas for almost 40 years. For 16 years, he worked for Panasonic Company in Europe, Asia and North America. In 1996, he decided to explore a different path and moved to Latin America. He had lived in Nicaragua, Costa Rica. Presently, he lives in Panama.

David first became involved in real estate in Nicaragua and eventually open the first Remax Real Estate Franchise. His company was involved in sales and development of residential properties for 9 years. In 2009, he moved to Panama and became involved in agriculture investments as a private investor. Later on, he decided to work only with agriculture assets.

For more info, visit www.paraguayaginvest.com.

Here are some of the questions in this podcast:

• What’s Paraguay Invest?
• Why central America for agriculture?
• I have never heard of Paraguay when discussing about farming.
• Why is that so and how Paraguay is better than neighboring countries?
• Why orange and citrus trees?
• What kind of ROI someone should expect?
• Will north American investors face any legal issues
• Is this truly turnkey and passive?
• Do you need investor to put anymore money other than the initial investment?
• What are the gotchas of Agriculture Investment in Paraguay?

To learn more about the discussion, you can watch the podcast on Wealth Matter’s YouTube channel or contact Alpesh here.