During her years in the Peace Corps, Tuey Murdock explored much of Central and South America. So where did she and her family decide to make their home when they finally made the move outside the U.S.? For them, Nicaragua was the place that had it all… Stunning Pacific coast beaches, a low cost of living, excellent medical facilities, and a way of life that lets them relax and enjoy the natural wonders they find all around them.
Tuey’s deep knowledge of legal issues throughout Latin America has made her a favorite speaker at International Living conferences and seminars, and this week we catch up with Tuey at her home near El Transito, Nicaragua on this edition of Finding your Overseas Paradise.
Nicaragua is usually misunderstood by most people, which is why forward-thinking investors can find some of the best real estate deals in Latin America in this country. For the record, this country is not in the midst of a civil war…and it’s not a Communist state. It has, however, suffered from a serious case of bad press.
The cost of living, for example, is a fraction of what you’re accustomed to back home. You can employ a full-time maid here for about $100 per month. You can see a movie for $2…and get your hair cut for $1.25. Two people can have an excellent meal, including a good bottle of wine, for less than $20.
Plus, the tax burden is very light.
Put it all together, and you have a retirement or second-home option that deserves to be on the radar screen of any expat looking for an affordable and beautiful place to live or invest.
Editor’s note: Learn more about Nicaragua and other countries in our daily postcard e-letter. Simply sign up for IL’s free postcards and we’ll send you a FREE REPORT- Start a New Life on the Beach in Nicaragua.