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

“We Live on Less Here Than Our Monthly Mortgage Payment in the U.S.”

“We Live on Less Here Than Our Monthly Mortgage Payment in the U.S.”

Daily Postcard
By |
September 13, 2016

Lying on the shores of Lake Nicaragua, Granada exudes colonial charm. The ornate yellow and white cathedral is the centerpiece of the main plaza. By day, the nearby park comes alive, with local vendors selling homegrown cashews, freshly baked breads, ice-cold treats, and clothing.

Retire Close to Home in Low-Cost Mexico and Central America

Retire Close to Home in Low-Cost Mexico and Central America

Best Places
By |
September 12, 2016

Central America is a popular choice for retirement for many North Americans. This is not surprising when you consider the great qualities the region has to offer. First off there are the practical aspects, such as its proximity to North America, and its similar range of time zones.

5 Best Caribbean Islands to Live On… and 2 to Avoid

5 Best Caribbean Islands to Live On… and 2 to Avoid

PR
By |
July 18, 2016

Mention the word “Caribbean” and most people think of places like Aruba, the Turks and Caicos, the Bahamas, and other tourist-rich dollops of sand. The region conjures well-deserved images of crystal-clear waters and white-sand beaches. And there’s no question: If you like sun and sand, these islands are great for a vacation. But move there? Most folks assume it’s just too expensive and don’t give it another thought.

Falling in Love…With Your Perfect Retirement Haven

Falling in Love…With Your Perfect Retirement Haven

A good friend emailed me the other day to say he was disappointed in me. He’d just visited a Latin American city and had fallen in love with it. He went on for several paragraphs about how it reminded him, not only of one of his favorite mountain towns in Italy, but also of one of the Paris neighborhoods he loves the best.

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