| Most people have heard of Nicaragua even if they do | | | | effectively a zoning regulation, which will result in |
| not know exactly where it is. Its reputation precedes it. | | | | improved management of the coastline. |
| Trouble is, most associate the country with | | | | - According to figures released by Reveal Real Estate, |
| dictatorships, a revolution, the Sandinista-Contra war in | | | | Nicaragua property is lower priced than equivalent |
| the 1980s and land confiscations. But this is not the | | | | property in Costa Rica, Panama or Belize. |
| reality in present day Nicaragua. | | | | - The country boasts the lowest cost of living in |
| Granted the current president is kicking up some | | | | Central America. It's possible to live luxuriously with a |
| controversy due to his grandstanding and close | | | | full time maid and a generous budget for entertainment |
| relationship with Hugo Chavez, the leader of | | | | and going out for well under US $1,000 a month |
| Venezuela. But when you look at the recent | | | | Added to this Nicaragua is beautiful. Its volcanoes soar |
| developments that have taken place on the ground, | | | | out of the lakes, the waves on the Pacific break on |
| you'll quickly realize that Nicaragua is a very | | | | white sand, and its colonial towns are steeped in |
| misunderstood country that offers a positive | | | | history. |
| investment environment. | | | | The word is getting out about Nicaragua as an |
| Here a few examples: | | | | attractive option for retirement and overseas property |
| - Following improvements in 2009, Nicaragua's retiree | | | | investing. The fact that it is still a misunderstood |
| program is now as good as any you'll find in the region. | | | | country represents an opportunity for those in the |
| A wide range of tax benefits and deductions are | | | | know. |
| available to all who qualify for the program. The | | | | Prices remain low, but as more people begin to read |
| income requirement is low and eligibility starts at only | | | | behind the headlines and get to know the countries the |
| 45 years of age. | | | | market will start to move. Anyone interested in an |
| - A new coastal law has been passed following | | | | 'early in' investment opportunity should take notice. |
| decades of stagnation in the National Assembly. It is | | | | |