Nicaragua is...
a beautiful country full of vibrant culture, friendly people, breath-taking landscapes, enchanting colonial cities and hundreds of miles of pristine coastlines abundant with world-class surf.
In recent years, Nicaragua has gone from a little known country in Central America to a worldwide hotspot for tourism, development and investment. Scores of people come to Nicaragua every year to explore the rivers, lakes and mountains, climb atop the numerous volcanoes and search for perfect waves. Beyond all of this excitement, there are many other reasons to look toward Nicaragua.
The Economy...
Nicaragua has one of the fastest real GDP growth rates in Central America and is poised to benefit from rapid and sustained economic growth. It has passed several laws specifically designed to attract and protect foreign investors. Laws allow for 100% foreign ownership in every economic sector and there are no restrictive visa or work permits required for investments.
The Real Estate Market...
Nicaragua is rapidly growing as one of the most popular real estate investment destinations in the world. Not only does it offer investors the opportunity to enter a growing market at a low price, but it also offers a wide variety of properties to choose from. The combination of the cheapest real estate prices of any other country in Central America and the low cost of living, make Nicaragua an excellent investment choice..... a choice many foreigners are beginning to discover.
Tourism...
As tourism continues to grow, so do business opportunities. Nicaragua has the most attractive and most aggressive tourism-incentive laws in all of Latin America. Law 306 provides countless incentives for foreigners to invest in tourism-related businesses and the application and approval process is far from painstaking. The law allows qualifiers to avoid income and real estate taxes for up to 10 years and also allows them to import or buy all of your supplies tax free.
Retirement...
Nicaragua has recently changed residency laws making it even more appealing for foreigners to retire and become a resident in the country. These law changes have increased tax exemptions for household goods and vehicles as well as created an exemption from sales tax on home construction materials for retirees who become residents. The health care system is also one of the most affordable programs in the region. What better reasons to retire and live in Nicaragua!
Safety...
Contrary to popular belief, Nicaragua is a stable, safe and peaceful country. It is ranked as the second safest country in all of Latin America and has a lower reported crime rate than the United States and other European countries. If you ask anyone that has ever visited, they're sure to tell you all about the incredibly friendly people of Nicaragua.
