Why Nicaragua's Rebound Still Holds Promise for Investors

Posted by Gran Pacifica on Apr 18, 2013 12:04:20 PM

NicaraguaSome countries that experience major social and economic transitional periods never quite recover from them. The emotional and cultural marks of such events leave deep changes in society, but as the modern infrastructure in Nicaragua demonstrates, such changes can actually be positive.

A Chance to Rebuild

One notable feature of the 1980s war in Nicaragua was that the country's transport and economic infrastructures were largely destroyed. Many of the public services had already suffered because of the major earthquakes that occurred in the capital in the 1970s, but instead of letting things continue that way, the country took these events as opportunities to improve.

Although Nicaraguan currency went through embargoes and high inflation rates, it continues to implement monetary reforms to this day. These new legislative and regulatory efforts are designed to favor foreign businesses in order to help the nation retain its eligibility for foreign monetary aid.

The country also received approval from G8 nations to to have some of its wartime foreign debt forgiven in 2005. Various cities and constituencies have used such monetary boons to improve public services, build up urban real estate and reduce poverty, most notably with the literacy drives that take place on a regular basis.

Protecting the Country

Nicaragua was also the first nation to implement polymer banknotes in an effort to improve currency longevity and reduce waste. This tendency towards making changes that result in better environmental stewardship is also prevalent in the increased allocation of land for natural parks and animal reserves. Such resources serve as huge attractors for the 60,000 U.S. citizens who visit Nicaragua on a yearly basis.

Many people who visit wind up staying permanently, and the fact that the infrastructure in Nicaragua is undergoing constant improvement plays a big role in motivating them to settle down. Nicaragua's economic upswing and its people's devotion to keeping their home beautiful mean that real estate investments appreciate at a much more stable rate, even when compared with those in other nations. This is especially poignant once you consider the fact that Central American real estate is more affordable than North America.

Gran Pacifica

Written by Gran Pacifica

Gran Pacifica is a master planned community of over 2500 acres and 3.5 miles of Pacific coast line an hour west of Managua in Nicaragua. The company focuses on providing their international and domestic clientele with communities that feature first-rate amenities and infrastructure including underground utilities, paved streets and sidewalks. Gran Pacifica's primary demographic is North American Retirees and vacation homes in Nicaragua owners who enjoy living in a robust beach and golf community.

Topics: Investing in Nicaragua