Thinking of Nicaragua for Retirement or Investment


Nicaragua as a viable retirement or investment destination

If you are seriously considering Nicaragua as a retirement or investment destination, you are not alone.  That’s why we’re inviting you to join us on a six day tour of Nicaragua after the Central American Advantage Investment Symposium.  Come find out what’s here for you in the way of a lower cost of living, inexpensive healthcare and a higher quality of life. Find out for yourself.

Nicaragua may still be a place where a fisherman can lay claim to one of the most arresting views in town. But all signs point to those vistas soon belonging to vacation villa complexes, fish taco joints and kite surfing lodges. The people may not be here quite yet, but they’re coming.  New York Times Magazine. Nov. 16, 2012*

Why the Savvy are Adding Nicaragua to their “Check Out” Lists

Charleton Heston isn’t Moses but try telling my parents that. Similarly, Nicaragua’s President, Daniel Ortega, isn’t a villain but try telling the average U.S. citizen that. And so the reality vs. image crisis in Nicaragua continues. Since his return to power in a Democratic election nearly four years ago, President Ortega has become a caricature of what he is supposed to be rather than the leader he has become. News coverage tends to be focused on the relationships he maintains with world leaders opposed to US policy rather than on the positive substantive actions of his term as President. Listening only to these reports, one would assume the worst about this country and its leadership.

But this is only half the story. The fact is that Nicaragua continues to make good policy decisions when it comes to foreign investment and private property. A very pro-private property Coastal Law passed guaranteeing retirees and investors’ ownership of their coastal properties. First American and Stewart Title both continue to write policies here indicating that their fact-based due diligence shows a very high degree of comfort with property ownership rights in Nicaragua.

Nicaragua is Safe and Inviting

International rankings by prestigious institutions have recognized Nicaragua not only as one of the safest destinations in the region, but also as the fastest country in which to start a business and the country that best protects its investors.

The Economist Intelligence Unit 2010 (EIU), a global leader in business intelligence, positioned Nicaragua as the second safest country in Central America, only behind Costa Rica. In addition, the Global Peace Index 2009 (GPI) also placed Nicaragua as the second safest nation in the Central American region in its ranking of over 144 countries, which includes indicators such as the levels of military expenditure, its relations with
neighboring countries and the level of respect for human rights.

Nicaragua has also been ranked as the fastest country in which to start a business in Central America by the Doing Business Report 2010, published by the World Bank Group. This category measures business regulations and the protection of property rights, as well as their effect on businesses. The study placed Nicaragua in the number one position within the Central American region, followed by El Salvador and Costa Rica.

This same report also positioned Nicaragua as the country that best protects investors, measuring transparency of transactions (extent of disclosure index), liability for self-dealing (extent of director liability index), shareholders’ ability to sue officers and directors for misconduct (ease of shareholder suits index) and strength of investor protection index.

Nicaragua is Beautiful

The country itself is home to UNESCO World Heritage Sites and some of the oldest cities in the Americas at nearly 500 years old. Granada and Leon date back to the early 1500’s and display an impressive array of traditional Spanish Colonial architecture. Many of these ancient buildings have been lovingly restored and now are home to North American retirees. It is also common to hear English spoken in the many sidewalk cafés and
galleries making a lifestyle transition easier than what otherwise might be

For everyone who loves the outdoors, Nicaragua is a treasure trove of special places, climates and geographies. Hundreds of miles of pristine beaches await, welcoming you to swim with warm, 80+ degree Pacific Ocean waters. Cool mountains offer coffee plantations, cloud forests and howler monkey laden trails to explore. The eastern region is home to the Western Hemisphere’s largest rainforest preserve outside of Brazil. It’s no wonder that more than 1,000,000 visitors came last year to partake in all that Nicaragua has to offer.

Nicaragua is for Retirees

For retirees, there are special benefits. In addition to secure title and fee simple property ownership, the country offers a vast array of incentives including tax exonerations and duty concessions for retirees coming to live part or full time. You are permitted to bring household goods, a car, and other items needed for your life here. Any income earned outside the country including pensions, social security and investment income is not subject to local tax.

Nicaragua also offers real choice in climate types. Some retirees prefer a coastal, semi-arid Southern California feel. Others rather enjoy the cool mist filled valleys in the highlands that some call “eternal spring.” A restored colonial home in a 500 year old city holds a special place in the hearts of many people. And because you’ll be in a fantastic location, the kids and grand kids will always want to visit. Nicaragua is one country that can suit many tastes.

But quality of life is more than just weather. Cost of living, activities and amenities are vital for long term satisfaction. Nicaragua is a country where a couple can live very well on less than $1200 per month. This includes a half time housekeeper, part time gardener, and a round of golf 4-5 times per week. Homes in a developed beach and golf community begin under $100,000.

“Just don’t call me late to dinner.”

It’s a different world today than it was in the 1980’s. President Ortega himself recognizes this with statements such as, “Our goal is to eliminate poverty. We can’t eliminate poverty if we eliminate foreign investment.” Active policy decisions like the Coastal Law and The Retiree Incentives Act are tangible actions that support these words.

Retirees and investors must remember that risk and the perception of risk are two different things. Understanding true risk requires due diligence and in some cases a trip to see the realities on the ground with your own eyes. Nicaragua is a country burdened by a tough history, but a bright future. Retirees and investors that take the time to see past the cloud of misperception will reap large lifestyle rewards and also importantly
contribute meaningfully to the development of truly inspiring country.

If you are considering Nicaragua as a place to live, a place to invest, or simply a place to check out, consider attending part or all of a 5-Day conference in Managua January 15-20. Activities and events include 3 days of classroom seminars, workshops, and panel discussions with experts and expats both retired and working here in the country, many for more than a decade.

A day at the beach enjoying one of the country’s premier resort destinations is also included. You’ll have time to play a round of golf, relax on the beach or in the pool, experience a traditional meal of “caballo bayo” all while watching the waves dance on the reef from the oceanfront clubhouse. Take a few minutes to check out what life will be like for you in Nicaragua and talk with residents and expats in a relaxed seaside setting. Take in a glorious sunset and try the lifestyle on for size.

After attending the conference, join us on a six day fully escorted tour of Nicaragua, our “Highlights of Nicaragua” tour for only $875 per person. We’ll take you to Leon where you can enjoy a tour of historical Leon and then experience a price-checking shopping tour where you can find out how much things really cost in Nicaragua. Then we will visit the community of Montecristo, the famous colonial town of Granada and then finish up at San Juan del Sur. Two of the presenters from the 12 Day Fact Finding tour will join us for a casual lunch round table where you can ask the questions you have about living in Nicaragua. Learn more about the full itinerary of the Highlights of Nicaragua tour here.

For more information about the conference, you can view the full conference agenda here.

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