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

Retire to This Beautiful University City For $1,200 a Month

Retire to This Beautiful University City For $1,200 a Month

Daily Postcard
By |
December 31, 2015

Leon is one of the oldest cities in Nicaragua and second-largest city in the country after the capital of Managua. It has a warm climate with average highs in the high 80s F and average lows in the 70s F and also has terrific colonial architecture to recommend it. Leon is great place to live if you want to be close to the beaches…you can enjoy all the conveniences of a big city, amid beautiful surroundings, and still be only 11 miles from Nicaragua’s stunning ocean beaches.

Pina Coladas, Tropical Sunshine, and Earning Adventures

Pina Coladas, Tropical Sunshine, and Earning Adventures

Jim Sayers considers himself a very lucky man. “I have lived in three Central American countries—Panama, Nicaragua, and Costa Rica—and am in love with each one,” he says. “In each the people are so friendly. Add to that a wonderful year-round climate and most of the stressful issues associated with living in Canada or the U.S. are virtually non-existent.

Swap Your Daily Grind for a Beach Life With Income

Swap Your Daily Grind for a Beach Life With Income

Beach Living
By |
September 21, 2015

A family reunion for a 100-year-old aunt took Bob Urzua to San Juan del Sur for the first time. He fell in love with the place. The peace and tranquility attracted him immediately—he felt so good and calm on his trip. Would he feel this way if he lived here all the time? He decided to find out.

Retire 10 Years Early to Matagalpa, Nicaragua

Retire 10 Years Early to Matagalpa, Nicaragua

There are a lot of people in the States today who think they’ll never have enough money to retire comfortably. But there are places overseas where you can still own your own property outright…where world-class healthcare won’t send you to the poorhouse…where the cost of living is much lower than back home. I was able to retire 11 years early by moving to Nicaragua.

Fabulous Coffee and 22 Beaches

Fabulous Coffee and 22 Beaches

I got to retire 11 years early by moving to Nicaragua. I can live on about $1,000 (or less) a month...and I'm not scrimping. In fact, I can enjoy more here than I could in the U.S. when I had a great salary. I eat out when I want...travel around the country...visit the U.S. once a year...and generally have a better quality of life. In 2007 I was a technical writer in San Diego, with Fortune 500 companies as clients and a nice home in a great neighborhood. But when I went on a vacation to Nicaragua, I didn't want to leave. I immediately fell in love with the country and daydreamed about living my life there.