It's a currency.

On podcasts and websites, Santarelli, 56, pitched his Laguna Niguel private equity firm, Norada Capital Management, which offered unsecured, high-yield promissory notes backed by investments in Broadway musicals, real estate and cryptocurrency.

You can also invest using both crypto and fiat currency.

As my son and I get older, I plan to work less and less, because truthfully time is the only real currency.

My understanding also was he was not investing in notes - you as an investor received a promissory note but his investments were broadway plays, crypto, membership groups etc if I recall (someone can correct me).

Overall, I'd say I've been pretty good at making money, but when it comes to investing I have some stocks and crypto, but right now I’ve also got a few hundred grand just sitting collecting dust.My dad is a police officer but also has a couple rental properties with a partner in upstate New York (college rentals).

-Mexico citizen, born and raised in Colorado, and over the past few years I’ve been actively investing in Mexican real estate — mostly in presale condos and long-term or vacation rental markets like Guadalajara, Cancún, and Lake Chapala.I originally started by looking for affordable, well-located properties for personal use, but as I dug deeper, I realized there were real opportunities for long-term appreciation, rental income, and geographic diversification — often with as little as $20–30k down.The process isn’t as complicated as people think, but there are definitely key things to understand, including:How foreigners can legally own property in Mexico (especially in restricted zones like the coast),How presale contracts and developer relationships work,What kinds of rental strategies are viable in different markets (Airbnb, mid-term, or traditional long-term),Currency and exchange rate considerations, title safety, and banking between the U.S. and Mexico.One major advantage of presale in Mexico is that many developers offer in-house, interest-free financing during construction, allowing buyers to spread out payments over 24–36 months — without involving a bank or mortgage process.

The money would come from investments in the musicals, real property, ecommerce and cryptocurrency, said the news release.Santarelli gave balance sheets to investors listing the status of the assets, liabilities, and equity of Norada.

Right now, we’ve got about $250K saved up between savings, inheritance, and a little bit of crypto luck (younger me actually pulled that one off somehow).Since I’m new to all this, I’m still figuring out the process but am eager to get started! 

And because Puerto Rico uses the U.S. dollar, there is minimal currency risk.Tax incentives:In 2012, Puerto Rico introduced a series of tax loopholes to lure investors and businesses.