(MONEY Magazine) – IN 1924, HERBERT SCHMITZ FLED GERMANY and headed for America, the land of opportunity. But when his grandson went searching for fortune 68 years later, the U.S. got left behind. In 1992, Michael Schmitz, now 31, quit his job overseeing finances for a Rockville, Md. grocery chain and settled in Buenos Aires, where his wife Luchi, 32, was born. That year the couple founded a computer distribution firm called Microhard S.A. -- a smart move. Sales at Microhard exceeded $1 million in 1993. Michael and Luchi -- who owned a travel agency in the U.S. -- work together and live in a penthouse apartment in Buenos Aires' trendy San Telmo district. On weekends, they drive to the country to swim and barbecue. "In the U.S., everything is so developed, there's no fun," says Schmitz. "I want to raise my kids here."