MONTECRISTO - The Investment  | Nicaragua offers far more than just an opportunity to get in on an emerging real estate market. If you are simply in the market for a place to relax and spend a few months a year in a quiet, safe, affordable retreat, Nicaragua is hard to beat. The last 10 years has yielded changes in government policies toward foreign investments and overall economic growth. The Central American Free Trade Agreement, with the United States is one such policy allowing trade between both countries, while at the same time, enticing vanguard industries to invest. As foreign companies invest and relocate divisions of their corporations to Nicaragua, the Domestic Product rises, ensuring growth and stability. |  |  | The country’s retiree incentive program is much like Costa Rica’s was in the 1980’s, attracting thousands of expatriates. To be eligible, you need only be over 45 and have a monthly income of at least $400. The benefits come mostly in the form of tax incentives. As a foreign retiree you pay no taxes on any out of the country earnings, can bring into Nicaragua up to $10,000 of household goods for your own home, duty-free, can import one automobile for personal or general use duty and tariff free, and sell it after five years, tax free and can import one additional vehicle every five years under the same duty exemptions.
| | | Nicaragua is blessed with so much natural wealth and remains a prime and prized location for tourism, retirement and investment. Whether you are looking for an unforgettable vacation, looking for a new permanent home, or looking for an investment that will capitalize on something amazing, Montecristo in Nicaragua has everything you need to make your dreams come true. | "The OceáNica site is one of the best I've ever had to work with," said Mike Young, who has designed more than 40 courses in five different countries around the world. "The front nine is set on a relatively flat plain, with the river to the south and the Pacific Ocean to the west. But the back nine climbs up into the mountains, providing some spectacular views in all directions - of the ocean, the river and the interior, as well. The views of the water are breath-taking, as one would expect, but the inland vistas, looking across mountain ridges and sprawling valleys, can be just as dramatic. Add in the wind, which is certain to a constant factor at OceáNica, and you have a course that will be as challenging as it is beautiful."
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