~$100,000 U.S.D. coming my way, but living in Croatia

[mw2017]

I have an insurance payout coming to me from a childhood accident. What should I do? Convert the USD to Euro or Kuna up front, or keep it in a U.S. bank? I have dual citizenship by the way. My father is pushing me into investing in tourism real estate rentals. I was thinking to "diversify my potfolio" after taking like $20k of it to spend. I have free apartment to live in provided by my parents. What would you all do?

 

[julia736]

@mw2017 Heed Lars Kroijer and read his some books on buy-and-hold stockmarket investing - the Bogleheads books are probably quite good (I recommend Tim Hale's Smarter Investing to Brits).

 

[mrsosemeke]

@mw2017 Since you have US citizenship, definitely be wary of US tax obligations. Property gets a LOT more complicated for US citizens.

 

[mw2017]

@mrsosemeke not if they dont know