Nicaragua is a country with great investment potential
Nicaragua is a country that's pulling in foreign investment at a record pace.
Particularly in real estate, Nicaragua is cleaning up. Truth is, the tropical nation has really become a target destination for those looking to take advantage of living in both an exotic and an extremely safe geographical location close to both the USA and Canada.
After all, it offers everything buyers are looking for in a second home or retirement home: attractive prices, economic stability, aesthetically pleasing views, and incredible investment potential.
Today, more than 10,000 U.S. expatriates live in Nicaragua, many of whom are retirees. Nicaragua is fast becoming the new Costa Rica in terms of tourism- the writing is on the wall—this place is going to explode with tourists even more than it has already.
Of course, this shouldn't come as a surprise. After all, Nicaragua is frequently ranked as the happiest and healthiest country on earth. It has a stable government and is very "U.S.-friendly."
Nicaragua really has it all:
• Year-round tropical climate
• Modern cities
• Caribbean beaches
• Pacific coastline
• Rain forests
• Lush valleys
• Drinkable tap water
• Good public transportation system, including bus and taxi systems
• High-quality and affordable health care
• No taxes on foreign retirement income
Live Longer in Nicaragua
Nicaragua also has one of the highest standards of living in Central America.
It has great surfing and is the world leader in ecological, sustainable development.
Nicaragua has one of the three great blocs of remaining tropical rain forest in Central America. In fact, the two million hectares of the Bosawas Biosphere Reserve are said to be home to 150,000 insect species, rare jaguars, eagles and crocodiles as well as the world's last populations of Baird's Tapir and the Central American Spider Monkey. It is one of the most biologically diverse countries in the world. Nicaragua possesses a system of Protected Areas that shelters a wide range of ecosystems that includes thousands of flora and fauna species. There are about 12.000 vegetable classified species beside another 5.000 not classified yet. Furthermore there are more than 1.400 classified animal species. Nicaragua is a real biological treasure.
In addition to its natural beauty, culture, and convenience, Nicaragua attracts a good number of retirees because of its lower cost of living and slower pace of life. The economy now recognizes and caters to tourists, as well as offers excellent health care and modern telecommunications.
In Nicaragua there is truly something for everyone. Most retirees tend to live on the stunning, Pacific Emerald Coast because of its proximity to capital Managua and its international airport, shopping, and medical facilities. San Juan del Sur has recently become mainstream in popular culture with the newest edition of the reality TV series Survivor currently located there and showcasing it.
Nicaragua is one of the most inexpensive countries in Central America. You'll find a high standard of living much less than the cost of living in the U.S., Canada, or Europe. If you're looking for a cheap second residence and you like warm temperatures and Latin culture, Nicaragua should be high on your list. If you're looking for some place more laid back to escape the rat race, this could be it.
Getting to Managua from the United States is super easy. Flights from the southern US are barely three hours, making getting to Nicaragua as easy as visiting the grandparents back in Iowa. United flies here from Houston, American flies from Miami, and Delta flies from Atlanta. Almost anyone in the USA could get here in one stop.
Nicaragua is a great country to just hang out in. Sit on a beach with a good book, relax in the jungle, stay on the farm, surf, or swing in a hammock. The pace of life here is slow and relaxed, so slow yourself down and enjoy some lazy, wonderful days.
Nicaragua is also filled with amazing natural beauty and extremely warm people. There are still many opportunities to wander off the beaten path, interact with locals, get in touch with nature, and avoid the hordes of travelers asking where they can get a burger. Some of the most popular spots in Nicaragua are:
Granada has some of the most well-preserved architecture in Nicaragua and is a mecca for ex-pat living. It was the first big Spanish settlement in the country and many of the buildings and churches in the Spanish colonial style are beautifully preserved (and painted a myriad of colors). Besides wandering around gawking at the architecture, you can take a kayaking trip to the nearby islets, enjoy hiking trips to Mombacho volcano, or visit the nearby markets in Masaya. While you're in town, be sure to eat at one of the kiosks in the town square serving vigoron, a local pork and cabbage dish.
San Juan del Sur
A hit with surfers and backpackers, San Juan del Sur is the most popular beach destination in Nicaragua. All the beaches are beautiful and lapped by warm water. Here you'll find great surfing, the second-largest statue of Jesus in the world (behind Christ the Redeemer in Brazil), and lots of cheap cafés, yoga studios & bars. If you're looking to party, this town is it.
Visit Ometepe Island
This extraordinary island is located on Lago de Nicaragua and is formed by two joined volcanoes, Concepcion and Maderas. Hiking, kayaking, cycling, and healthy food are the island's main draws. Hiking the volcanoes is as hard as it appears; you'll need to start really early or the midday heat will slow you down significantly (I learned this lesson the hard way). The volcano hikes cost around $20 USD if you're part of a group or up to $40 if you're by yourself (hike with a guide as it's rather unsafe due to poorly maintained trails).
Visit "New" Leon
This city was Nicaragua's capital until 1857. To this day it remains the country's intellectual capital and is home to the National University. Remnants of the political war between the Somozas and Sandinistas can be seen in the graffiti and murals around the city. There are a lot of churches here, many art museums, and a burgeoning food movement. Make sure you visit the Museum of the Revolution, a fascinating museum about the Sandinista movement. León is also where people base themselves for trips to the nearby volcanoes.
Visit "old" Leon
The ruins of León Viejo date back to the 16th century and are a short trip from León. The site is Nicaragua's only UNESCO World Heritage listing and is one of the oldest Spanish colonial settlements in the Americas. While this isn't some lavish ruin site, it's really the only place to see and learn about the country's founding colonial past.
Go Volcano Boarding
Cerro Negro, a young and active volcano, is where tourists (mostly backpackers) board down the gravelly slopes on one of the many organized tours to the mountain. You hike up to the top, which takes around an hour, sit on a piece of wood, and then fly down side of the volcano. Tours from León leave in the morning and in the afternoon. It's the main reason lots of travelers visit León and is extremely popular.
The Corn Island
Located off the Caribbean coast of Nicaragua, the Corn Islands are a gorgeous place for a vacation retreat. Most people come to the islands to snorkel, scuba dive, fish, soak up the sun, and relax with a good book. There are two islands: Little Corn and Big Corn. Little Corn is the quieter, more backpacker-oriented island with cheaper guesthouses and fewer resorts. You can fly or take a ferry to Big Corn and then a smaller boat to Little Corn. Big Corn is more developed with larger resorts and more restaurants, and it's more expensive.
Located in Esteli in northern Nicaragua, this national park was the highlight of my entire trip. You get to wander through a beautiful cloud forest, around small farms, and over rivers and waterfalls. You'll hardly run into any other tourists—it's like you have the whole jungle to yourself. You can take daylong or multi-day treks to the park. There are also programs to help you learn to farm or teach here. Bonus: all the money from the programs and tours goes back into supporting the community and farmers.
Visit the Stone Man
Alberto Guiterrez has been carving animals and symbols into the stones outside Esteli for decades. He had a vision of angels who told him to carve, and in an effort to end his alcoholism, began carving every time he craved a drink. He's not easy to get to, but when you find him, Alberto will welcome you into his home, give you fresh fruit, and show you all his stone carvings, which he says were inspired by God. He doesn't speak any English, so if you don't speak Spanish, just nod and enjoy the carvings. He also won't ask for any money, but donations are welcome. A really great "off-the-beaten-path destination."
The capital city of Nicaragua. It is the largest city in Nicaragua in terms of population and geographic size. Located on the southwestern shore of Lake Managua, the city was declared the national capital in 1852. Prior to its inception as the capital city, the title had alternated between the cities of León and Granada. The city has a metropolitan population of about 2,408,000, this includes the neighboring cities of Ciudad Sandino and Tipitapa. Managua is composed predominantly of mestizos and whites who are mainly of Spanish descent, with a small minority being of German and Italian descent. Managua is the second most populous city in Central America, after Guatemala City.
There are a lot of volcanoes in the country, and hiking them is a popular activity. The two volcanoes on Ometepe are popular day hikes. They're a lot more challenging then you'll be led to believe but worth it and you get to look out for monkeys! León is probably the best place to do some hiking, though, since there are a lot of volcanoes there. If you're looking to get your hiking fix, this is where to do it! The most popular volcanoes are Cerro Negro for volcano boarding, Telica (where you go for sunset hikes and shown above), San Cristobal (the longest and hardest), and Momotombo (the second hardest).
Binge on Gallo Pinto
Be prepared to eat a lot of gallo pinto (rice and beans), meat, and fried plantains. It's both delicious and super economical and not actually a Costa Rican dish, but a Nicaragua original.
There are a lot of opportunities to stay longer, volunteer, learn Spanish, and farm. If this interests you, hostels and tourist offices in any big city can help organize this for you. San Juan del Sur, Esteli, Ometepe, and León are popular destinations for this.
Visit Apoyo Lagoon
Though lots of people visit Lake Nicaragua (which is the biggest and where Ometepe is), this lagoon near Managua is a nice spot to relax. You can sail on the lake, fish, and hike around. It's a beautiful part of the country.
You will enjoy our Gran Pacifica property that is located on 3.5 miles of virgin beach with dramatic, warm pacific waves and spectacular warm weather. Just an hour west of Managua, our golf and beach resort offers fiber optics to every home and condo, cobblestone streets, hand-laid brick sidewalks, and superior "hacienda-style" construction. The Pacifica Golf Course is open with the first nine holes. The two surf points at Gran Pacifica attract surfers from all over the world and the resort offers beachfront dining, equestrian activities, boating, fishing, swimming and beachcombing to round out the fun.
With over 2500 acres, you now have an opportunity to own and enjoy a casita, beach home, or condominium. Many forward thinking individuals, North American expats and many retirees already call Nicaragua home. Nicaragua stands alone as one of the nicest, safest, most economical, and underpriced places to live in Central America. Right now is a great time at Gran Pacifica because we just launched Phase 2 and you can own any new home site at an unbeatable savings or purchase something already build at Gran Pacifica in Phase 1 for 50% off. Contact us at [email protected] and you will receive more detailed information.
Nicaragua is a nature lover's dream: volcanoes, rainforests, mangrove forests, and beaches abound. Add in some adventurous activities, friendly locals, and cheap prices, and you'll see why everyone raves about this country.