“I wanted to live well with less,” says Judith LaRoue of what drew her to a new life abroad. “I wanted to enjoy the life I love and believed I could do that better here in Nicaragua.” Judith, 70, a retired educator, pastor, counselor, Montessori teacher, and self-professed “jack of all trades,” moved to Nicaragua last year.
If you ever dreamed of retiring to an elegant city, where you can feel safe, and live in a beautiful colonial home then Granada, Nicaragua may be the place for you. Granada is not a crowded city. With a population of just over 150,000, it has most of the amenities you need and good health facilities.
Today, Nicaragua is a premier destination for Americans, Canadians, and Europeans thinking about retiring overseas. Driven by an early-in real estate investment opportunity, low property taxes, and a low cost of living tied to an increase in quality of life, Nicaragua is a hot destination for would-be expatriates looking to flee a rising cost of living in their home countries.
I love living in Nicaragua. In fact, after almost 10 years, I constantly thank my lucky stars that I have had this opportunity. You might think I love Nicaragua because I was able to buy a wonderful ocean-view home that I could never afford in the U.S.
Nicaragua opened up a whole new world for Paul, Marisa, their two kids Owen, 11, and Abigail, 8, and their three dogs…not least in slashing their cost of living. “Comparing our expenses in the U.S. with Nicaragua is pretty comical,” says Marisa.
The colonial homes of Granada have secrets. Lush courtyards, cool plunge pools, fountains, and art. In their shade, old men in rocking chairs nod you a "buen dia." (It's how they say it here.) Their wives might look up from embroidery and smile.
If you've always fancied a retirement home on the beach, with the relaxed and happy lifestyle that goes with it...then it's time to take a look at Nicaragua. With the past financial crises and an uncertain future, the U.S. is looking less and less like a viable retirement opportunity.
After 10 years of living in Nicaragua, Darrell and Amy Bushnell still feel it was a great choice for their retirement. The people are friendly and accepting, the cost of living is low, and a welcoming expat community provides a busy social life.
At home, prices are rising. It costs more to put gas in the car, buy groceries, and pay for health insurance. At the same time, retirement savings eroded in the market downturn. If you’re looking overseas for a low-cost alternative to an uncertain retirement at home, there’s good news. You can ﬁnd it in places that offer not just “cheap” living, but a whole basketful of beneﬁts, too—places where a mild spring-like climate is yours all year round…beaches are of powder-white sand…snow-capped mountains soar above colonial towns…and your costs could be as low as $1,000 a month.
Ahhh…the Caribbean Sea. If you live in the U.S. or Canada, it’s paradise practically on your doorstep—just a short flight away. The perfect escape from blustery winter weather.