| Buying land in Nicaragua has become more popular | | | | You'll pay up to 80% less than you do in the USA, for |
| with Americans, who are looking to get more land for | | | | many goods and services - and property and land is |
| their money. With Nicaraguan land being well over 80% | | | | cheap. |
| cheaper than land in the USA, lots of people are | | | | Now all this sounds great - more incentives, a peaceful |
| looking to buy - as it looks like a good investment. | | | | and democratic country that's beautiful - and if you get |
| Many companies are talking about gains of 100% to | | | | in early, you can make a fortune buying Nicaraguan |
| 200% in just a few years! | | | | land. |
| On the surface it looks a great deal, but below the | | | | Why the reality doesn't match the hype |
| surface, there are problems - and investors need to | | | | If you're looking to make money in land that's currently |
| be wary | | | | for sale in Nicaragua, then keep in mind the following |
| Lets look at the plus points of buying Nicaraguan land | | | | risks: |
| as an investment: | | | | 1. Nicaragua is a poor country - and poverty abounds |
| 1. Nicaragua is one of the most Beautiful Countries in all | | | | The Nicaragua's GDP per capita is #163 worldwide at |
| of the Americas | | | | US $2,300, whereas Costa Rica's GDP per capita |
| Nicaragua has beautiful and stunning scenery including: | | | | (#81) is 295% higher at US $9,100. In Nicaragua, kids |
| . Pacific coastline | | | | starve and street children roam. If you think it's going to |
| . Long sandy Caribbean beaches | | | | be like other nearby countries like Costa Rica - you're |
| . Volcanoes | | | | in for a shock! |
| . Freshwater lakes | | | | There's a myth about its new liberal façade - |
| . Hills | | | | here's an example: |
| . An abundance of wildlife | | | | Nicaragua is one of the few countries where |
| 2. Nicaragua is Democratic and Safe | | | | homosexuality is illegal. Prison terms reportedly range |
| Nicaragua has a democratically elected government, | | | | from three to 20 years. |
| which is committed to a free-market economy and | | | | 2. Is it Really Stable? |
| eager to attract foreign investors. | | | | The Sandinistas have not gone away - and look set to |
| A recent study by the Inter-American Institute on | | | | take advantage of the shortcomings of the right wing |
| Human Rights and a survey of police forces in the | | | | ruling party, which is corrupt, and needs to deal with |
| Americas show that Nicaragua is the safest country in | | | | huge social problems. The Sandinistas won 37.8% of |
| Central America and one of the safest countries in the | | | | the vote in 1996, 40.4% of the vote in 2000 and |
| world. | | | | 43.82% of the vote in 2004. |
| 3. Attracting Foreign Investment | | | | The Sandinistas are no fans of the US, or other |
| In September 1999, Nicaragua enacted the most | | | | democracies - and may not be so pro foreigner, or pro |
| attractive tourism incentive law in Latin America - to | | | | foreign investment, if they get into power - they hardly |
| bring businesses and retirees into the country. This has | | | | have a track record to inspire confidence! |
| led to a boost in the price of land for sale - and many | | | | The Sandinistas like to nationalize - so your land might |
| investors are looking to get on board. | | | | end up with them - with no comeback. |
| For example, if you want to set up a business, you | | | | 3. Is it Worth the Risk? |
| pay no income or real estate taxes for up to 10 years. | | | | Should you invest in a country just because it has |
| Nicaragua's retiree incentive program is similar to | | | | cheap real estate? |
| Costa Rica's in the 1980s - and is attracting thousands | | | | Land currently for sale in Nicaragua is cheap - but |
| of expatriates. To be eligible, you only need to be over | | | | could get cheaper! There is an argument for both |
| 45 and have a monthly income of at least $400. | | | | sides - but investors should be cautious. |
| The benefits include: | | | | On the surface it looks great but scratch a bit, and it |
| . You pay no taxes on any out-of-country earnings. | | | | doesn't look such a sure fire investment. |
| . You can bring into Nicaragua, up to $10,000 of duty | | | | You can still make Big Gains Close by |
| free household goods for your own home. | | | | If you buy land for sale in Nicaragua you may get |
| . You can import one automobile for personal, or | | | | wealthy - but the established centres in Central |
| general use - duty and tariff-free - and sell it after five | | | | America, such as Costa Rica and Panama, look a far |
| years, tax-free. | | | | better bet - and land for sale there doesn't carry the |
| Plus many more benefits. | | | | same uncertainty as land in Nicaragua. |
| It's Cheap | | | | |