Foreigners Who Live in Nicaragua Enjoy Its Low Cost of Living
You too can live in Nicaragua and enjoy every day as if you were living in a postcard
Expats who live in Nicaragua are able to enjoy living in an amazing country that offers a low cost of living in combination with a high quality of life. Nicaragua is home to a vibrant culture with friendly people, spectacular beaches, and an amazing early-in real estate investment opportunity.
The great American author Mark Twain wrote after an 1897 visit to Nicaragua:
“What a home one might make among their shady forest, their sunny slopes, their breezy dells, after he had grown weary of the toil, anxiety, and unrest of the bustling driving world.”
This is exactly the same appeal that living in Nicaragua has for the thousands who have already chosen Nicaragua as a place to live. It is a welcoming and peaceful place–to say nothing of uncrowded and undervalued.
The Safest Central American Country in Which to Live
Without question, Nicaragua is a stable, safe, and peaceful country. It is true that Nicaragua is a developing country, but that does not mean it is unsafe. In fact, quite the opposite is true: Nicaragua is the second safest country in all of Latin America (behind Uruguay) and has a lower reported crime rate than France, Germany, and the United States.
Low Cost of Living in Nicaragua
Enjoy being immersed in the vibrant culture of the people who live in Nicaragua
Nicaragua’s lower cost of living does not mean you have to sacrifice the quality of life you have been accustomed to in the United States or Canada. In fact, you will probably be able to live in Nicaragua with even more luxuries than you are accustomed to, simply because the prices are so economical.
Today, Nicaragua offers the lowest cost of living in Central America (lower than Panama) with prices 20% to 60% lower than the United States. It also offers an incredible opportunity to purchase stunning beachfront, lake, or colonial real estate at incredible prices–not to mention that property taxes are low as well.
Enjoy Affordable, Quality Health Care When You Live in Nicaragua
High-quality, affordable health care is definitely available in Nicaragua. This fact should be important to everyone, but especially to those considering a retirement in Nicaragua.
Currently, there are several first-class hospitals in or around the greater Managua area, with the Vivian Pellas Metropolitan Hospital being the most specialized. Throughout the remainder of the country there are ample amounts of quality clinics, hospitals, and doctors who are available for basic medical attention.
HTH Worldwide is also able to provide you with a comprehensive health care policy that will cover you not only in Nicaragua, but also in the United States, at 100% cost reimbursement. This plan provides a nice sense of comfort as you live in Nicaragua. It is highly-recommended that when it comes time to move to Nicaragua you obtain Med Evac insurance (which can cost as low as $250 per year). This is a precautionary measure in case highly specialized equipment is not available in Managua.
Nicaragua’s Improving Infrastructure Makes Living in Nicaragua Easier Than Ever Before
A marked improvement in Nicaragua’s economy over the last several years has allowed the government to continue focusing on the improvement of infrastructure throughout the nation.
This focus has also been a direct function of the debt relief provided by the World Bank/IMF. Before this program of structural readjustment, Nicaragua had the highest level of per capita debt in the world. Its payments to debt service were 2.5 times spending on health care and education. With the alleviation of this debt, money once used for the service of debt is now delegated to the improvement of Nicaragua’s infrastructure. There has been a visible commitment to improving roads, telecommunications, and energy, which makes the decision to live in Nicaragua all that much more appealing.
*Prices as of 2013
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