WHY NICARAGUA?

Democracy, Progress, Peace and Serenity, are the four cornerstones of the “New Nicaragua.”

and the goals of the people of Nicaragua on a national scale, traditionally a genteel and hospitable people.

In this “land of opportunity” there is so much potential that it can be found everywhere you look. Whether you want to invest in beachfront, agricultural or development land, tourism, businesses or simply find your own piece of paradise to live on, you can find it here and you can find it at prices that will amaze you.

Add to this the low cost of food and hired help plus the great incentives of the Nicaraguan Government such as the “Investment Acts Decree No. 628” which authorizes entry into the country to foreigners under the category of resident pensioners or individuals living on investments.

This and much more can be found in Nicaragua today!

CITY OF LEON

The city of Leon is Nicaragua’s second largest city and it is one of the oldest cities in the Americas. It was founded in 1524, and until 1857 it was the capital of Nicaragua and although no longer the capital it still remains a center of intellectual and liberal thought. If you like the “colonial period” architecture, then you will enjoy this city which also offers the services and amenities of a big city plus the added attractions of what is known as the folklore capital of Nicaragua. Another plus is the proximity to gorgeous and uncrowded beaches.

Leon is only a short hour drive from Managua, the present day Capital, and only a ½ hour drive from Salinas Beach Club. For additional information about the City of Leon go to. City of Leon: click here >>

FOREIGNER'S INCENTIVES IN NICARAGUA

The Nicaraguan government has granted foreigners a bundle of incentives known as the “Investment Acts Degree No. 628” which authorizes entry into Nicaragua to foreigners under the category of “resident pensioners” or “individuals living on investments” which grants residency to persons over 45 years of age who can prove a stable and permanent monthly income of no less than $400.00 (or it’s equivalent in any other currency) generated abroad. Persons under this law get a one time customs exemption of $10,000.00 for importing of their household goods. Furthermore, they shall have an exemption from income taxes levied on income declared as earned abroad. Beneficiaries of law No. 628 may also import an automobile for personal or general use, free from import taxes, custom duties, sales taxes and financial stability taxes. This may be repeated every 5 years. Nicaraguan laws offer the best incentives in all of Latin America.

 

TRAVEL & LODGING

Only 5 miles from Managua’s International Airport, there are several first class hotels located deep in the heart of the Business and Entertainment district. Within walking distance from the hotels, there are modern shopping malls, restaurants and nightlife as well as the Business District. The hotels usually provide their own complimentary shuttle service to and from the airport. Rental cars and English speaking driver services are available at reasonable rates.

For additional information visit: City of Managua - click here >>

In Leon there are several hotels available for lodging and although very safe and comfortable they are not as classy as the ones in Managua. Leon has more of a family oriented atmosphere, with breakfast usually included with your stay. Most hotels are located in the business district and within walking distance to restaurants, etc. Taxis are plentiful in Leon.

For additional information visit: City of Leon - click here>>

There are other beautiful cities to visit in Nicaragua, like Granada, which has a long and rich history and is tourist oriented. Granada is only an hour away from Managua.

For additional information visit: City of Granada - click here>>