Nicaragua

Nicaragua

Beautiful, Affordable, and Misunderstood

 

Along Central America’s Pacific coast you’ll find rocky outcrops, world-class surf, and some of the most jaw-dropping views in the world. If it’s natural beauty you are after, Nicaragua is the jewel of this stretch of coast. Learn more about Nicaragua and other countries in our daily postcard e-letter. Simply enter your email address below and we’ll send you a FREE REPORT –  Start a New Life on the Beach in Nicaragua. This special guide covers real estate, retirement and more in Nicaragua and is yours free when you sign up for our IL postcards below.

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Fast Facts About Nicaragua

Nicaragua-FF
  • Population: 5,788,531
  • Capital City: Managua
  • Climate: Tropical in lowlands, cooler in highlands
  • Time Zone: GMT-6
  • Language: Spanish
  • Country Code: 505

Archives

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Ditching Retirement to Open a Beach Hostel

“My husband Fred and I haven’t felt as vital as this in years. It’s like we’re young again and just starting out. It’s a fabulous feeling. We wake up every morning to happy conversation and laughter, the guests in our Nicaraguan hostel all having breakfast together,” says Carla Batty. Back home in Queensland, Australia, Carla and Fred had a life of relaxed dinners with friends, easy jobs they enjoyed, and the odd night out.

Staying Rent-Free on a Caribbean Island (You Could, Too)

My last 10 years in the workforce involved working and living outside the U.S., and I wanted to continue that traveling into retirement. I’m a man with a permanent place to call home and a wanderlust attitude. How do I satisfy both? Researching the Internet, I discovered housesitting—which has allowed me to live rent free all around the world. It’s simple: In return for free board, I perform some simple tasks for homeowners, ranging from watering the plants to managing some properties…something I did 45 miles off the coast of Nicaragua for three months in 2013.

Culture and Convenience in Colonial Granada, Nicaragua

These days, Michael Hayden is often found strolling the colorful, cobbled streets of his adopted home, Granada, one of the oldest Spanish colonial towns in the Americas. “There’s no other place like Granada. It has a solid center…you can walk in any direction and see beautiful homes. You have impressive Mombacho Volcano in view over the streets and a steady flow of breezes from Lake Nicaragua,” says Michael.

Retire to San Juan del Sur

The Benefits of Retiring in San Juan del Sur, Nicaragua

If you enjoy fabulous sunsets, the sound of the surf lulling you to sleep, a great choice of international restaurants, a laidback lifestyle and no stress, put San Juan del Sur on your list of places for retirement. Few beach locations are as charming, quirky or as fun as this town on Nicaragua’s Pacific coast.

Profits from Passions in Colonial Nicaragua

When Warren Ogden started planning his life overseas, there was never any question that he would call Nicaragua home. He felt a connection with the land and its people. “I grew up among Nicaraguan immigrants in the U.S.,” explains the Seattle native. “I came to live with their extended family in 1999, to work for an NGO, and study Spanish. During that four-month visit, I fell in love with the place.”

A Rent-Free Way to Try Out Life on a Tropical Island

Have you ever thought about visiting or even living in a place that could be described as “rustic”? Where there are no traffic lights, and where you can buy fresh lobster at less than $7 per pound?It’s a place where horses roam the streets and kids walk home from school using the airport runway as their sidewalk. A tranquil piece of terra firma where you watch the sun rise out of and set into the Caribbean Sea…

Pacific-Coast Buys for a Fraction of the U.S. Price

Warm and sunny days…beautiful people lounging on the sand as surfers vie for choice waves… palm tree-lined boardwalks in picturesque beachside towns, dramatic craggy cliffs…the California coast has certainly captured the popular imagination. No wonder; it’s one of the most pleasant places in the world to live. But on the flip side, it also has some of the most expensive real estate in the world and a high cost of living.

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July 2014: Icaraí de Amontada – Brazilian for “Cheap, Beautiful Beachfront”

Europeans came to Icaraí and fell for the stunning curve of beach and a charming little fishing village—now it offers us cheap, beautiful beachfront opportunities. Plus, in this special edition: where you can combine profit potential and real estate for personal use in the Algarve…questions to ask before doing a deal on productive land…short-term rental markets and the local laws you should be aware of…and more.

Perfect Climate…Secret Hideaways…and Fresh Opportunities in Nicaragua

Nicaragua is a very cool country…and it’s not the temperature I’m talking about. With its smoking volcanoes, clear blue crater lakes, fantastic surfing beaches, and a turquoise swimming hole in the middle of the forest on a mysterious island, it’s a magical place to be.

Get Paid to Spend Time on a Beautiful Beach

If you like easy-going people…a chilled environment…a warm climate…and an income of up to $5,000 a month, then owning a beach bar might be just the lifestyle career for you. After all, if your customers are predominantly tourists, they are at their most relaxed and happy when they come into your place. And the profits from serving them can be considerable.

Should You Get a Nicaraguan “Green Card?”

Life in Nicaragua is wonderful, costs are low, the people are friendly, and more and more expats are calling it home. I’m one of them: I moved here from California almost seven years ago.

San Juan del Sur, Nicaragua: The Most Wonderful Place to Live

Not long after arriving, I’d bought a big lug of a car, a Toyota Forerunner Turbo that I called “Bruiser.” It clinked, razzed, burped, and generally sounded like a mobile hardware store in a blender. The CD player didn’t work, the four-wheel drive was broken, the radiator overheated after 15 minutes, and the security alarm went off indiscriminately. But it was my car, and it took me where I needed to go.

From Bakers to Bakery Franchisors

Like many expat business people, Eric and Stephanie Slater spotted an opening in the market and came up with a business idea to fill it. In their case, it was a need for good bread. It’s an issue across Central America but particularly in San Juan del Sur in Nicaragua where the couple decided they wanted to settle down. San Juan is a beach town with a ready market of hungry surfers, backpackers, and other travelers.

It Costs as Little as $43 a Day to Live in Beautiful San Juan del Sur, Nicaragua

It Costs as Little as $43 a Day to Live in Beautiful San Juan del Sur, Nicaragua

I’m just a middle-class gal. There you can pay $1.5 million for something like that. Yet in San Juan del Sur, Nicaragua I own a small two-bedroom/two-bathroom house, on an acre with an ocean view, which cost just $132,000. I pay real estate taxes of just $151 a year. And in my backyard, in addition to what I mentioned before, I also grow mangos, papayas, citrus trees, a cinnamon tree, and even moringa, the tree of life.

The people of Nicaragua help to make San Juan del Sur a wonderful place to live.

The Day I Knew Nicaragua was Home

Folks say that, when you move to a foreign country, you’ll have a defining experience: one so intense, so filled with emotion, that it’s the point when you decide if you want to stay in your new place or move on. The day I had my “defining moment” will be imprinted on my memory forever.

A Computer, an Internet Connection - and a Go-Anywhere Income

A Computer, an Internet Connection – and a Go-Anywhere Income

I’m a writer. And in the age of the Internet, that’s a great thing to be. I didn’t plan it that way, of course. In my case it was just dumb luck. After a dozen years as an undergrad searching for something to hold my interest long enough to actually get a degree, I stumbled on journalism.

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May 2014: Chiang Mai – The New Land of Opportunity

Five months ago I spent two weeks scouting through Thailand—most of that was spent in Chiang Mai, for that is where the opportunity lies. This is a complicated market, as I explain in a special edition of Real Estate Trend Alert—ready to download here.
In this special edition, you’ll also discover… How to profit from inefficient markets… The condos in Medellin, Colombia that you should avoid… And lots more…

An Easy Dream Business in Beautiful Granada, Nicaragua

An Easy Dream Business in Beautiful Granada, Nicaragua

Canadian Andrea Pellegrino, 38, came home from work one winter night to find her partner Julio Carta, 35, bursting with excitement over an ad on Craigslist. “You have to check this out,” he said. “We can run a brick oven bakery in Nicaragua.”

Open Your Dream Business with a Franchise

Canadian Andrea Pellegrino, 38, came home from work one winter night to find her partner Julio Carta, 35, bursting with excitement over an ad on Craigslist. “You have to check this out,” he said. “We can run a brick oven bakery in San Juan del Sur, Nicaragua.”

ABountyOfChoice

A Bounty of Choice Overseas Today Delivers Plenty of Options

Everybody comes to the “Where overseas?” question with his own set of preferences. This one wants beach, that one cool weather. This woman wants to be four hours from home. And that guy is looking for a place to dock a sailboat.

When you’re pinpointing your ideal destination, start with list of what’s most important to you. And understand: No place is perfect. You have to prioritize. For a community she loves, “madame must-be-close-to-home” might just stretch her travel time to four-and-a-half hours.

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Feeling Youthful and Engaged in Beach-Town Nicaragua

My daughter Talia brought me to Nicaragua in 2006 for my birthday present. When I exited the plane and my foot hit the tarmac, I literally felt a shot of electricity course through my body. That two-week trip blew me away. Suddenly colors seemed brighter, the food more delicious; sunsets were spectacular in gold, purple, pink, blue, and orange; the water clear, the air fresh, the native people kind and friendly. I felt more alive.

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April 2014: My Buy of the Decade, a $20,000 Check, Panama Incentives, and More

A special edition of Real Estate Trend Alert—on my buy of the decade on the Riviera Maya. In this special edition, you’ll also discover…
What happens when unstoppable tourism demand meets limited land opportunities… The excellent protection offered by Brazilian “reciprocity” contracts (I just got a check for $20,000)… A new real estate investment trust in Ireland… The opportunity in retirement care in Ecuador… Incentives to invest in Panama City’s 341-year-old historic quarter…

Mexico

We Spent a Year Exploring Latin America to Find Our Ideal Retirement Haven

During our months of preparation, we set about determining the criteria we needed to choose a location. The criteria we chose for ourselves initially were: a good health care system at a much lower cost; a stable government; not wanting a car, a walkable location with a good transportation system; good infrastructure; a Spanish-speaking country because Mike already spoke some but wanted to become proficient; a warm climate year round; and, of course, a lower cost of living.

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Run Your Own Beach Bar Overseas

As a busy carpenter and contractor in his native Canada, Steve Quinn relished his regular trips to Costa Rica to relax and unwind on the beach. After six years of short visits, he decided to make this beach lifestyle permanent. He took over a beach bar and restaurant in Tamarindo, a funky surf town on the country’s northern Pacific coast. He’s leasing the property for three years, with an option to buy, which is a great way to test the waters without committing to purchasing property right off the bat.

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March 2014: Is Malta The Safest Bet In Real Estate You Can Make Today?

Is Malta the Safest Bet in Real Estate You Can Make Today? Could Be…Case Study: The Last Great Crisis Investment in Ireland…The Window is Closing on Our “Spanish Triple”…Burma—New Condominium Law that Allows Foreign Ownership…Will U.S. Flights Ever Land at Planned New Airports in Costa Rica and Nicaragua?…The Latin Currencies That Mean a Buying Opportunity for You…And More.

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Life Lessons from 12+ Years’ Experience Living Overseas

As we approach our lucky 13th year of living overseas, my husband, Dan Prescher, and I are fortunate to have shared so many wonderful, memorable experiences in so many far-flung corners of the world—from Southeast Asia to Europe, and nearly every country of Latin America. We’ve lived in Mexico, Panama, Nicaragua, and Ecuador… In fact, we’ve lived in more than one destination in some of those countries. We’ve learned to speak Spanish, we’ve bought and sold property…

NewGlobalWealth

A New Global Wealth Tax, Asian Currencies, Diamonds in Panama and Much More…

In the U.S., there’s a simple reason why our medical bills are high: Going to the doctor costs more. Perceptive, I know. But it’s the truth. If we dump the unions, the politics, Medicare, government and any other hot button from our discussion, we’re left with the simple yet disturbing fact that Americans pay more for services than patients elsewhere around the world—even in similar “first world” economies. Lots more.

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Work Anywhere, Earn Plenty…the Perfect Portable Career

Thanks to the location independence my career provides, I’ve enjoyed the privilege of making a living from some truly amazing locations all over the world. Places like the top deck of a ferry crossing the Gulf of Thailand at sunrise…in the sleeping cabin of a night train on the way to Sapa, Vietnam…in a pub on Dublin’s Temple Bar…

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Finding Opportunities in San Juan del Sur, Nicaragua

Five years ago, fun-loving Canadian cowgirl Blue van Doorninck was searching for a place to put down roots. “I had been living in Vietnam, but there weren’t good opportunities to own land. And I wanted to be in the same time zone as my family. I also wanted to be in a culture more similar to my own. Costa Rica, Ecuador, Mexico, Nicaragua, and Panama all made my short list,” says Blue.

Emerging-Markets

Emerging Markets Grow as America Declines

For any careful investor it’s important to understand not just the current trend but rather where we’re headed. As such, keep an eye toward the future for the growth leaders of tomorrow. Since 2007, emerging markets have been outspending American consumers. Take a look at the charts here to see how the international growth/redistribution of current consumption trends will change the landscape of international business.

FiveSpots

Five Spots Where You Can Find Premium Views for Less than $150,000

A great view usually translates into a premium price tag. But you can afford a home with stunning vistas if know the right place to look. For example, I know of one Pacific coast town where a beachfront condo with Californian-style ocean views and a similar lifestyle will only set you back $119,000. You’d need at least three times that to get close to the beach in California.

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Riding a Different Kind of Wave in Nicaragua

Five years ago, fun-loving Canadian cowgirl Blue van Doorninck was searching for a place to put down roots. “I had been living in Vietnam, but there weren’t good opportunities to own land. And I wanted to be in the same time zone as my family. I also wanted to be in a culture more similar to my own. Costa Rica, Ecuador, Mexico, Nicaragua, and Panama all made my short list,” says Blue.

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A Fun, Portable Spare-Time Income

Carl Segerstrale has always had a passion for surfing. “I remember doodling surf logos in notebooks and imagined making a living in the surf industry,” he says. “Even as I began a career teaching middle school English the fantasy lingered.” Seven years ago he traded in the familiar surroundings of San Francisco, California for the unexplored Pacific coast of Nicaragua—a surfer’s dream place to live.

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Enjoying the Best Climate in the World in Costa Rica

Frances Jones leans back in her chair and motions to the rolling view from her terrace. Forest and coffee field-flecked hills stretch for miles to the Gulf of Nicoya and the Pacific. “When we found this place the house was simple—no porches—but the view was just killer. Even if it was a tent, we still would have taken it,” says Frances.

For the fifth year in a row, Ecuador has ranked number one for great value property.

The Best Places to Buy Real Estate When You Retire Overseas

Whether you are looking for a home on the coast, on an island or in a colonial city, these three countries have the best value real estate. If your dream home includes a pool, a big back yard in which to swing from a hammock in the sun, a place close to the beach where you can snorkel, relax with a good book or watch the sunset…rest assured, you can have it—because your real estate dollar stretches further overseas. You can buy a superior property in a better location for the same amount or less than you would spend on a home in the U.S.

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Sharpen Your Focus to Make Things Happen

At the end of the calendar year, we hear a lot about goals and resolutions. Television reporters with slow news days on their hands take to the streets to inquire about changes folks are planning to make in the coming year. A few weeks later, the same reporters will share statistics of all the health club dropouts and other abandoned resolutions.

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Cashing in on Nicaragua’s Pacific Surf

Surfing is one of the most popular reasons travelers flock to Nicaragua. The beaches in the south Pacific region benefit from an average 330 days per year of off-shore winds funneling in from Lake Nicaragua. These winds—along with almost constant deep water swells—make for near perfect surf conditions year-round.

Damon Freeman hires freelance teachers, like Charles Gryglewicz pictured here, to give language lessons to aviation personnel.

The Profit Potential in Education and Training

“Many educators will tell you that schools are not in the business to make money,” says Janice Gallagher, who set up a children’s school in Nicaragua. “I, on the other hand, am a business woman, and there is definitely potential for profit. There will not be profit immediately because you will need time to grow and establish yourself. There are several private schools that do turn a profit after several years.”

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How to Blog Your Way to a Beachfront Income

The ocean breeze blows in through the open door as I sit in my rocking chair—a surprisingly favorite Nicaraguan furnishing. Sunlight glitters on the ocean, almond and coconut trees sway in the wind. This is my office for today, a four-bedroom house right on the beach that we rent for $350 a month. Previously we spent time on the shores of Lake Atitlan, Guatemala, beneath the shadow of three majestic volcanoes…swimming in one of the most beautiful lakes in the world, shopping in the local markets, and interacting with the indigenous people who still wear their traditional clothing and speak Spanish as their second language.

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