Benefiting from more than fifteen years of stable government and a national commitment to
encouraging tourism and foreign interest, Nicaragua has bloomed into the best investment
opportunity in Central America. Resembling the Costa Rica of twenty years ago, Nicaragua
offers unspoiled beaches, dense rainforests, majestic volcanoes, and friendly people — all
without the overcrowding and inflated prices of other Central American destinations.
Nicaragua's economy is very dynamic. In the last ten years, inflation has gone from more than
10,000% to 10% and foreign investment has climbed to more than 100 million dollars. Their
democratic government promises a future of political stability and improved economic
conditions. Nicaragua has been projected, by many respectable international organizations, to
become the fastest growing nation in the Americas.
Nicaraguans are characterized by humility and openness. A saying that often illustrates this is
“mi casa es tu casa” or my home is your home. There is a general spirit of welcome and
friendliness in the hearts of Nicaraguans. With a population of five million friendly “Nicos,” ,
Tourism Minister Pedro Joaquin Chamoro says the country is just discovering tourism. Of the
5,000 retirees who live there, about half are Americans, followed by Canadians and Germans.
Nicaragua is one of the most affordable and desirable countries in Central America for
retirement. One can become a pensionado or residencia (pensioner or resident) for only $130,
with no legal fees required (compared to $400 to $700 in Costa Rica). A 2-bedroom house
costs about $30,000 to purchase or $250 a month to rent. The US dollar stretches up to three
times further here than in the U.S. “The personal finance situation is the major attraction for
myself and most other retirees,” says Richard Johnson, a U.S. Army retiree and 1-man
chamber of commerce for Nicaragua. “But the mild climate and quality of life are equally
important. One can live here comfortably on about $500 to $800 a month, including domestic
help, utilities, and taxes. Health insurance is available for $90 a month. Outpatient care is free.”
Recent articles in Newsweek, the New York Times, the Wall Street Journal and Conde Nast
Traveler showcase all that Nicaragua has to offer. Backpackers, surfers, sport fishermen, eco-
tourists, cruise ship passengers, and beach-goers find Nicaragua to be an unspoiled
paradise. When one compares the current state of Nicaragua with Costa Rica they see that
there is room for enormous growth in real estate value. As new roads and infrastructure
projects take place, property values will continue to rise. Retirement Incentives, affordable land,
low construction costs, friendly people, beautiful beaches, and the lowest crime rate in Central
America are what make Nicaragua the best place to buy vacation or retirement property in the
Americas.
Why Nicaragua?