Nicaragua Fast Facts

San Juan del Sur, Nicaragua

Population: 5,966,798

Capital City: Managua

Climate: Tropical in lowlands, cooler in highlands

Time Zone: GMT-6

Language: Spanish (official)

Country Code: 505

Coastline: 910km

Nicaragua: Beautiful and Affordable

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.

Today’s Nicaragua is like a newborn child, eyes bright with hope with a smile promising a great future. The country stuns with its physical beauty, something that surprises every newcomer. Majestic volcanoes pepper the horizon along the Pacific Ring of Fire, some with billows of white smoke, proclaiming the life within, while others sleep, protecting their sparkling crater lakes for you to enjoy.

Lake Colcibolca, the 19th largest lake in the world, houses Ometepe Island, a magical place that soothes the soul with its own lakes, volcanoes and verdant green forests. White sand beaches and turquoise water with low-hanging palms greet you on the Caribbean side of Nicaragua. Bosawas National Reserve offers a dense rainforest, second only to the Amazon in the Western Hemisphere. Hiking, rock climbing, floating down crystal clear rivers, surfing a volcano and more are only some of the adventures in Nicaragua.

Pacific Coast, Nicaragua
Pacific Coast, Nicaragua

Because Nicaragua is just emerging as a tourist and retirement destination, many take advantage of the economical real estate and rental prices to retire early. Ocean-view condos for under $100,000 still exist, as do fully-furnished apartments to rent for $400 to $500 a month with all amenities and a block’s walk to the beach. Don’t despair if you want “more” of a house, as upscale mansions with a 240-degree view of the ocean exist for those with deeper pockets. The truth is, you can easily build your dream house and your dream life in Nicaragua, for about an 8th of the price of what it would cost you back home.

Still lacking a strong infrastructure, Nicaragua, like Costa Rica maybe 40 years ago, offers people from the U.S. and Canada and elsewhere the role of true pioneers. These expats are helping to shape Nicaragua into the tourist mecca it will become. New government laws with unparalleled tax benefits help expats form corporations and open businesses with ease.

Nicaragua is not for everyone. It’s more primitive and wild than its Central American neighbors. It’s for the young-at-heart, who don’t worry if the electricity goes off, who don’t stress over guests arriving late, and who don’t want to sit around just watching TV when they retire. It’s for those with vision, who want adventure, want to feel young again, and who want to create their ideal retirement. Don’t wait any longer. Let Nicaragua surprise you.

Find Out More From Our Nicaragua Correspondent

From the Archives of Nicaragua

Enjoying An Active Lifestyle by the Beach in Nicaragua

Enjoying An Active Lifestyle by the Beach in Nicaragua

Beach Living
By |
December 30, 2014

I’m a beach girl—I love the sun, sand and surf. A few years ago I had a choice: to never be able to retire in the U.S. because it was too expensive, or retire 11 years earlier than planned and live in a tropical paradise, free of stress and close to the ocean, my favorite place to be. Nicaragua called me and the coastal town of San Juan del Sur captured me. In San Diego there was no possibility of ever living near a beach. I'd never have the millions necessary. But here in San Juan del Sur, I was able to buy a small, two-bedroom/two-bathroom house for $132,000...with an ocean view. My friends can't understand how I keep so busy in a beach town the size of a stamp (the main part of town covers three square blocks), but I'm doing things that I'd never have done back in California.

Visit Nicaragua: 5 Must-See Attractions

Visit Nicaragua: 5 Must-See Attractions

Daily Postcard
By |
December 20, 2014

With Nicaragua just arriving on the scene as a top tourist destination, many people don’t know what this little country has to offer. Like Costa Rica about 30 years ago, Nicaragua gives you the same untamed beauty, exotic living locale, great business opportunities and the lowest prices around. Here are just a few attractions that you should not miss when you. Float on your back or swim lengths in this crystal clear turquoise natural pool in the middle of the forest. Ometepe Island itself should not be missed. A one-of-a-kind destination, you can hike up an active volcano, go kayaking in the 19th largest lake in the world, or relax in this stunning pool of water for the entire day. Cost of the day (approx.): Round-trip ferry ride—$6; hotel—$45 to $75 a night; scooter rental—$15 a day; food: breakfast, lunch and dinner—$50 for two.

Discover a Roving Retirement Lifestyle

Discover a Roving Retirement Lifestyle

The couple explored Peru, Ecuador, Mexico, and Nicaragua. As their trips were part of a search for a new home, it made sense to stay awhile and get beneath the surface of a place. Ellen explains, “Extended stays make sense financially, giving us time between trips to recoup the cost of moving about.” But after three years of having no permanent base, they realized that it was actually this roving retirement lifestyle that suited them.

Work, Play, Volunteer: Why Retirement in Granada, Nicaragua is so Appealing to Expats

Work, Play, Volunteer: Why Retirement in Granada, Nicaragua is so Appealing to Expats

Back home, you are energetic and enjoy a life full of activities, friends and diversity. You want it to stay that way and you have your priorities. Nature makes you happy. After a lifetime living in cold weather, you’d like to throw away your winter coats. Health care and safety are major concerns. Starting a business entices you, but isn’t it too late? You love your delicious coffee and going to great restaurants with your friends. You seek volunteer opportunities to help people and give your life more purpose.

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

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

Expat-Advice
By |
August 1, 2014

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.

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.

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