Live, Retire, Invest In Nicaragua

Live, Retire, Invest In Nicaragua
Live, Retire, Invest In NicaraguaWhy It’s Time To Return To Nicaragua

Nov. 24, 2014
Managua, Nicaragua

Dear Offshore Living Letter Reader,

As I explained to those assembled with me in Managua for last week’s Live and Invest in Nicaragua Conference, we Americans bring considerable baggage to the table when the topic of conversation is Nicaragua… The Sandinista Revolution…the Contra War…Ollie North…

And that’s a shame because this country has a great deal to offer that is often overshadowed by the Sandinista specter.

Kathleen began hosting conferences and tours in Nicaragua almost 20 years ago. However, this is our first event here since 2006. We pulled back in 2006 and 2007, when interest in this country’s property market was at full boil. Then came 2008, when the bubble burst. Kathleen and I didn’t pull out. We continued and continue now to hold investments in this country, but we understood others’ reluctance to invest time or money here post-2008.

When we sat down a year ago to finalize our conference calendar for 2014, we agreed that this would be the year to put Nicaragua back on our—and your—radar.

So…welcome to Nicaragua.

First, where are we?

Years ago we got an email from a reader in response to a report from Latin America Correspondent Lee Harrison on Ecuador. The reader wrote to ask where in Central America Ecuador was located. He’d been looking but couldn’t find it on a map. Ecuador, as I’m sure you realize, is not in Central America. Continue reading “Live, Retire, Invest In Nicaragua” »

Investing In Real Estate

Investing In Real Estate
Investing In Real EstateTrendy Is Transient—Here’s A Far More Powerful
Market Indicator

Nov. 20, 2014
Managua, Nicaragua

Dear Offshore Living Letter Reader,

In my office, on the wall alongside my desk, I have a map of the Caribbean that includes the north coast of South America and much of Central America. The cumulative lengths of coastline represented amount to well over 12,000 miles. Looking at it all, you have to wonder…

What makes one 20-meter stretch of this stuff worth millions…while another can be worthless?

The explanations are varied—sandy beach versus rocky coves versus cliff tops…ease of access…infrastructure and services (electricity, water, a town)…politics and economics (not a lot of demand in Venezuela or Haiti right now)…

But one of the biggest value changers is perception.

A trendy spot, beach or otherwise, can become trendy just because people begin to perceive it that way. Maybe a celebrity buys in a small town or a movie is filmed nearby or a reality show is shot on location…triggering the marketplace to believe there’s something cool or interesting about a place they’d previously never heard of.
Continue reading “Investing In Real Estate” »