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

The 5 Best Towns in Latin America

The 5 Best Towns in Latin America

Slideshow
By |
July 13, 2016

What makes for a good retirement destination? For those on a budget (and those who aren’t) a place with a lower cost of living is key. But it’s not only about the money. You want to be comfortable and feel safe. Modern services like high-speed internet, top-notch medical care, and good value real estate are also important. And if you’re from a northern climate, the benefit of warm weather year-round (no more coats, no more snow tires) might be the biggest motivator.

Surfing, Hammocks, and Feeling Free in a Nicaraguan Beach Town

Surfing, Hammocks, and Feeling Free in a Nicaraguan Beach Town

"Our days are so different from how they were in the States," says Jennings Wright. "Everything is more relaxing here and work often just feels like fun." After many months of travel, searching for a new and exciting place to live, Jennings (51) and her husband Chuck (56) chose Nicaragua for its low cost-of-living, natural beauty, and welcoming people.

A Profitable Hotel Business in Colonial Nicaragua

A Profitable Hotel Business in Colonial Nicaragua

When Terry Leary decided to settle down, she called up her sister and organized a trip to the colonial city Granada, Nicaragua—a trip that changed their lives forever. "I was drawn to Granada by the people, culture, and lifestyle," says Terry. "Granada is brightly colored, vibrant, and alive and there is still the promise of more to come to this lovely city."

Nicaragua: Working Three Days a Week, Living in Luxury

Nicaragua: Working Three Days a Week, Living in Luxury

Bird-watching, hiking, swimming in natural pools under rocky waterfalls, exploring coffee and cacao farms... "Matagalpa is a nature lover's paradise," says Texas-native Rick Lester. "It's for people who love to see green year-round and appreciate a temperate climate like San Diego."

Why Tourists And Expats Flock To This Colonial Gem of Granada

Why Tourists And Expats Flock To This Colonial Gem of Granada

If it’s Spanish Colonial charm you’re after, you can’t do much better than Granada, Nicaragua. The place is steeped in it. It’s only natural… Granada was the first European city on mainland America, and historians have the official records of the Crown of Aragon and the Kingdom of Castile to prove it. Thanks to its location on Lake Nicaragua and its access to the Atlantic via the San Juan River, it was essentially a Caribbean port for the Spanish, and much of the gold, silver, and other wealth the Spanish sent back to Spain during the conquest was sent from Granada.

Living a Fulfilling Life in Nicaragua on a Social Security Check

Living a Fulfilling Life in Nicaragua on a Social Security Check

San Diego native Robert Quartiano, 63, started his work life at 18 as a commercial fisherman in Oregon. At 40, he thought he was getting a little old for the job so he went to school and became a registered nurse. Nineteen years later, at 59, Robert decided to retire early.

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