![]() |

The Nicaragua Report written by Christopher Howard is a seventy-five page report on everything you'll need to know about moving to Nicaragua. Nicaragua currently has an excellent real estate market and has much lower prices than Panama. In addition to low prices, it also has excellent real estate, pristine beaches and islands that are for sale at bargain basement prices. The report covers everything; investing, residency, entertainment, real estate, travel, medicine, meeting people in Nicaragua, history, future prospects, tour information and much more. We have a Table of Contents for the Nicaragua Report in PDF which we'll list at the end of this article. It is an excellent report and is priced at $20. You can order it online by clicking here - 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. Nicaragua doesn't have the triumphant
history of a France or an Italy, its history is in the present and we get
the sense that it feels forgotten. Off the beaten track, no cruise
ships, no bus loads of German and Japanese tourists... nothing seems
to move. Nicaragua is asleep. The dusty roads pass farms, small
towns with tree lined plazas, school girls waiting for their bus, beaches
without footprints, groves of trees, men on horseback, cattle.
. Nicaragua is the largest country in Central America; contains the largest freshwater body in Central America, (Lago de Nicaragua,) yet suffers from not having a shipping port despite having 910 km (566 miles) of coastline. Nicaragua has no railway with the exception of an ancient narrow gauge line that runs for 6 km (3.7 miles.) The estimated average income in 2001 was $2,500. The telephone system is inadequate, the internet connections impoverished. There is 23% unemployment, and little investment. Nicaragua is one of the hemisphere's poorest countries and it has a huge external debt. Despite the fact that Nicaragua found a peaceful solution to its political turmoil, the distribution of income still remains extremely unequal. I’d say its time to buy. ...and what I’d buy, as you might have already guessed, is real estate. Nicaragua probably cannot fall any further than its already fallen, and it has already experimented with every existing facet of political lunacy, so the only thing remaining is to try a rational approach. Several conversations I had in Nicaragua with those who are attempting to bring economic growth and stability to Nicaragua convinced me that Nicaragua is probably on a long upward ascent. Current global economic conditions as of this writing (May 2003) with the worldwide recession will of course hamper current growth in Nicaragua as they do elsewhere. But these same economic conditions will continue to make real estate in Nicaragua a bargain. Real estate in Nicaragua can be a
bargain. As I write this I see in the EscapeArtist Real Estate Marketplace
listings for:
"Land prices [in Nicaragua] are
ridiculously inexpensive."
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.
More than good real estate prices, Nicaragua has much about it that is appealing as a place to live. I also believe that there is opportunity there. I have long wanted to buy property in Granada with a storefront. There are more tourists in Granada than in Panama City, and the entry price for opening a business in Nicaragua is lower than in Panama. Panama appeals more to those who want to run an international business utilizing Panama’s beneficial legislation for international business. Those seeking a brick and mortar type of business might well consider Nicaragua, because of its low entry cost and because its lack of infrastructure and services could well spell opportunity rather than inconvenience. 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. When you get to Granada, and I hope you do, I may be there watching you from some waterfront dive... if we meet, I’ll see you for a beer or two. The Nicaragua Report is $20.
To purchase it click on the link below.
|