Three Affordable Retirement Choices In Central America's Most Misunderstood Country
April 6, 2014, Panama City, Panama: Nicaragua offers three primary retirement lifestyle choices
Dear Live and Invest Overseas Reader,
Earlier in the week I introduced you to Nicaragua, a frontier land with a troubled past that is an increasingly appealing option for the low-maintenance retiree. I promised to follow up with recommendations for where, specifically, the would-be retiree might consider settling in this beautiful, affordable, and misunderstood little country.
Nicaragua offers three primary retirement lifestyle choices, as follows...
Granada. The Spanish first landed in Nicaragua in 1522. Two years later the Spanish Conquistador Francisco Fernandez de Cordoba founded Granada. The city, which considers herself the oldest in the Americas, was intended, by the Spanish, to be a statement of elegance and a reflection of the original Granada in Spain.
New World Granada has suffered a long cycle of destruction at the mercy of buccaneers and earthquakes, but she continues to dust herself off. The Sandinista revolution largely spared the city further indignities, and today she shines. The once-cobbled streets have been largely paved over, but Granada's colonial splendors remain and in fact look better today than they have in a long time. The city's renaissance is thanks to private and public funding. Spain has restored some of the major thoroughfares with palms and paving. The rest of the rehabilitation is being carried out by wealthy Nicaraguans and retiring expatriates from around the world.