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Retirement

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kumusta
8/3/2019 20:47 EST

Is it safe to retire to Nicaragua now

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00abuse

waltermboyles
8/4/2019 08:02 EST

The lady who cooks for us a couple of days a week says there are more assaults in her neighborhood...which is the only negative news we have heard...but I recommend waiting to see Daniel's succession...It might be calm...or bloody...Private Message me your e-mail address & I can send you my Welcome Wagon...which might help...H2O 212F

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00abuse

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elduendegrande
8/4/2019 10:25 EST

One can only wonder why some people choose to fish on the bottom. The world is full of countries to choose from so why pick a failed/failing perennial underachiever?

C4 in general is an evolving disaster, eachcountry with its own particularities. CR and Panama are not bad for a 10 year hold, but in reality your best choice near Nicaragua are Bermuda or possible one of the Dutch islands. If I had it to do over I would take a serious look at Portugal or the Canaries.

If you do retire here, keep your cards close to your chest. Rent, don't drive, and do not develop any personal relationships that will prevent you from leaving on short notice. Learn to mind your own business and ignore the suffering of those around you.

Yes, Nicaragua at this time is no more dangerous than Chicago according to the murder rate per 100,000 for none-political murders. But the country has entered into a semi-permanent national economic depression like the one from 1990 to 2008. Those that have the billetes are doing fine but a big sector are on the slow death economic plan.

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10abuse

jim42
8/5/2019 15:43 EST

Google numbeo……..Bermuda is way to expensive.

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00abuse

shermanwc
8/5/2019 16:42 EST

My wife and I are retired in Nicaragua and we intend to stay - we have started our applications for residency and own a home. Although we feel safe where we live - near the beach in southern Nicaragua - I don't think that I would choose to move here at this time if we had not already had roots in the area.

We initially retired to Costa Rica and lived there for 5 years. But our daughter and son-in-law have lived in southern Nicaragua for over 10 years - and we now have two granddaughters in Nicaragua. So we had a house built near them and started moving into the house in early April 2018 - just before the protests and street violence started!

During the violence, most of the issues were in Managua and the surrounding cities and roadways. We stayed south and avoided travel to the Managua area during that period - but we are now comfortable taking day trips to Managua for shopping.

We feel safe enough right now, but there is a lingering concern that things could still go bad in the future, since political issues have not been resolved. My gut feeling is that things will get worked out over time without another revolution, but the future remains uncertain.

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10abuse

Melvinkelvin
8/5/2019 23:12 EST

What do you mean when you say "safe"? Safe to invest in property? Safe to walk the streets at night? Safe from further political upheaval? Safe to open a business? The answer for all of these is different. It's safe to invest in a home, but due diligence and contracting with a lawyer is highly recommended. As far as physical safety, Nicaragua is less safe than say, Canada, but far safer than the US. No mass shootings by white terrorists here. Further political upheaval is possible, but less likely now that Trump and Pompeo are busy with Iran. If you're thinking about opening a business, definitely come visit for a stay of several months and do your due diligence before taking a leap. In fact, no matter your plans for your possible retirement in Nicaragua, you are best advised to come and visit for a few months. Only after the "honeymoon period" is over can you decide if living here works for you.

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