The Nicaragua
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by Christopher Howard |
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Nicaragua.
Some of the smartest investors I know have recently bought real estate
in Nicaragua. Those seeking to double or triple their money in offshore
real estate look to nations that are recovering from years of mismanagement.
Places with excellent real estate and rock bottom prices. Nicaragua fits
neatly inside that category. As my friend Doug Casey always says, "Always
wait until they run the tires off the car before you buy into a nation,
that's when it´s time to buy." In Nicaragua it's time to buy.
(Doug owns real estate in Nicaragua.)
The Nicaragua
Report written by Christopher Howard is a seventy-five page report
on everything you'll need to know about moving to Nicaragua. As stated,
Nicaragua currently has an excellent real estate market and has much lower
prices than Panama. In addition to low prices, it also has some excellent
real estate, pristine beaches, ranches, colonial buildings and numerous
islands that are for sale at bargain basement prices. The Nicaragua Report
covers everything you want to know; investing, residency, entertainment,
real estate, travel, medical facilities, business opportunities, meeting
people, history, future prospects, tour information and much more. It is
an excellent report and is priced at only $20.
Nicaragua is
a country unlike any other. Its simplicity of character, yesteryear charm
and colonial cities are strong and persistent invitations to linger. The
urge to remain in Nicaragua can become obsessive. I am constantly renovating
200 year old buildings in my head every time I walk the streets of Granada.
Granada has cafes where expatriates gather and sidewalks filled with European
backpackers. It is a remembrance of finer things, a slower more protein
world and no one can look at it without a sense of physical connection.
Real estate
in Nicaragua can be a amazing bargain. As I write this I see in the Caribbean
Property List Real Estate Marketplace listings for:
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a small island
with a house, fruit and coconut trees, ten minutes from Granada priced
at $70,000,
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a 1,210 acre coffee
farm with 120,000 coffee trees, 660 acres of hardwood trees, a hacienda,
a lagoon and some waterfalls. The price is $349,690 Negotiable.
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Compare the above
with a 927 sq. ft condo in Miami for $257,000.
"Land
prices (in Nicaragua) are ridiculously inexpensive."
February
2002 issue of Conde Nast Traveler.
The
Caribbean Property List website shows a 274 acre working cattle ranch for
$270,000 - and some quarter-acre building lots on Lake Apoyo for $9,000.
I´ve hiked around Lake Apoyo, and it is lovely wooded country. Lief
Simon and Kathleen Petticord of International Living Magazine led me in
pursuit of a pack of howler monkeys in the hills above Lake Apoyo. We had
a difficult time getting close to them as they move from tree to tree very
rapidly and with total impunity, they are extremely interesting animals
whose howl is unique and unforgettable. As an alarm clock they exceed anything
you'll find in digital.
The Nicaragua
Report is the only report that I know of providing information on moving
to, investing in and/or buying real estate in this Central American sleeper.
Christopher
Howard has done a through job with The Nicaragua Report. There is more
than enough here to get you started, tell you where to look, understand
the process of residency and find those services that are crucial to establishing
ones self in a new nation. Howard has written several books on relocation,
including one on Cuba and one on Costa Rica. I consulted his book " The
Golden Door to Retirement and Living in Costa Rica " when I was doing research
on the book version of Escape From America. I recommended the book at that
time as one of the two best resources on moving to Costa Rica. A recommendation
I´ll stand by. There are resources on the author in the online resource
section, including how to find his other books, his tour groups to Costa
Rica and Nicaragua and related topics.
The Nicaragua
Report
Table
Of Contents |
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FOREWORD
INTRODUCTION
CHAPTER
I
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NICARAGUA´S LAND, HISTORY AND
PEOPLE 1
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THE LAY OF THE LAND
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WEATHER
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WHERE TO LIVE IN NICARAGUA
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A GREAT ONE-OF-A-KIND TOUR
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NICARAGUA´S HISTORY IN BRIEF
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GOVERNMENT
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ECONOMY
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THE PEOPLE
CHAPTER
II
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SAVING MONEY IN NICARAGUA
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HOW MUCH DOES IT COST TO LIVE IN NICARAGUA
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TIPPING
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AFFORDABLE HIRED HELP
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HEALTH CARE
Staying Healthy
Dental Care
Pharmacies
Cosmetic Surgery
Care for the Elderly
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MONEY
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BANKING
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TAXES
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TAX PROTECTION
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FORMING A PANAMANIAN CORPORATION
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INSURANCE.
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CHAPTER
III
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MAKING MONEY IN NICARAGUA
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INVESTING IN NICARAGUA
The Tourism Boom
Opportunities
Minor Obstacles to Doing Business
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NICARAGUA´S NASCENT STOCK MARKET
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REAL ESTATE INVESTMENTS
Rentals
General Advice When Buying Real
Estate in Central America
Building a Home
Speculating
Rules for Buying Property in Nicaragua
Special Considerations for Tourism
Projects
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COMMON BUSINESS SENSE IN NICARAGUA
CHAPTER
IV
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RED TAPE
Special Considerations for Foreign
Investors
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FINDING WORK IN COSTA RICA
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STARTING A BUSINESS
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OCCASIONAL ROADBLOCKS TO DOING
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BUSINESS IN NICARAGUA
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DEALING WITH BUREAUCRACY IN LATIN AMERICA
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HOW TO BECOME A LEGAL RESIDENT OF NICARAGUA
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IMMIGRATION AND OTHER MATTERS
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SHIPPING AN AUTOMOBILE OR HOUSEHOLD
GOODS TO
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NICARAGUA
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DRIVING A CAR TO NICARAGUA
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HOW TO FIND A LAWYER
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FOREIGN EMBASSIES AND CONSULATES IN
NICARAGUA
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NICARAGUAN CONSULATES ABROAD
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CHAPTER
V
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STAYING BUSY AND HAPPY IN NICARAGUA
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SOME SOUND ADVICE
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BOOKS, MAGAZINES AND NEWSPAPERS
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TELEVISION AND RADIO
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VIDEO RENTALS
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SHOPPING
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NICARAGUAN PASTIMES
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MUSEUMS AND ART GALLERIES
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A PARADISE FOR WATER SPORTS AND NATURE
LOVERS
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BASEBALL IN NICARAGUA
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WHERE TO MAKE FRIENDS
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LOVE AND PERMANENT COMPANIONSHIP
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NIGHTLIFE AND ENTERTAINMENT
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GAMBLING
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MOVIES AND THEATERS IN NICARAGUA
CHAPTER
VI
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COMMUNICATIONS
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TELEPHONE AND INTERNET SERVICES
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MAIL SERVICE
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RECEIVING MONEY FROM ABROAD
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CHAPTER
VII
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EDUCATION
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HOW TO LEARN SPANISH
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NICARAGUA´S INSTITUTIONS OF HIGHER
LEARNING
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PRIVATE ELEMENTARY AND HIGH SCHOOLS
CHAPTER
VIII
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GETTING AROUND
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AIR TRAVEL TO, IN AND AROUND NICARAGUA
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TRAVELING BY BUS IN NICARAGUA
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BUS TRAVEL TO AND FROM NICARAGUA
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NICARAGUA´S TAXIS
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AUTOMOBILE RENTALS
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DRIVING IN NICARAGUA
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TRAVELING BY BOAT
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KEEPING YOUR BEARINGS STRAIGHT
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CHAPTER
IX
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MORE USEFUL INFORMATION
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AFFORDABLE FOODS
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NICARAGUA´S HOLIDAYS
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RELIGION
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BRINGING YOUR PETS TO NICARAGUA
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UNDERSTANDING THE METRIC SYSTEM
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CHAPTER
X
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PARTING THOUGHTS AND ADVICE
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PERSONAL SAFETY IN NICARAGUA
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ADDITIONAL SOURCES OF INFORMATION
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SUGGESTED READING
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The Nicaragua
Report
by Christopher Howard |
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