While some still associate Nicaragua with the turmoil of the 1980's, many are quickly realizing how much this dramatic and beautiful country has changed and now has to offer. Nicaragua has opened its doors to foreign investment with some of the most progressive tax incentives in Central America, and now ranks as the second safest country in the Western Hemisphere (second only to Canada). Tourist based businesses, now classified under the tax incentive Law 306, can operate tax-free, exempt from income taxes, property taxes, and importation taxes, for up to 10 years. Ex-Patriot retirees are also invited to enjoy similar tax incentives when they make the decision to move to their dream home in the tropics! With all of these incentives, it is no wonder that the World Bank recently named Nicaragua as "the most pro-business atmosphere in Central America".
Nicaragua, with it's expansive lakes, tropical cloud forests, quaint colonial cities, and sunny beach towns, is the least densely populated country in Central America (meaning more untouched, desolate, white sand beaches, and perfect surf breaks all to yourself), and also offers some of the strongest land laws in the region. Properties, including beach front, can be purchased 'fee-simple', with no differentiation between the property rights of that of foreigners versus locals (unlike other Central American destinations such as Mexico). We are also one of the few countries not to recognize squatter's rights, unlike many of our nearby neighbors, such as Costa Rica.
The Las Salinas region was recently rated within the Top 5 Surf Spots in the World. With offshore breezes some 320 days a year, consistent swells year round -- all within just a 2 hour flight from Miami, it is no wonder why Nicaragua is often referred to as "the next Costa Rica". With property prices at only 30% of those of our neighbor to the south, Nicaragua still screams "Groundfloor opportunity!!"
Visit RE/MAX Horizons on the web at coastal.nicaraguaproperty.com or call US based # 786-472-3161 for more information
