Coastal Dreaming

(Photo: Bill Wooten)
Despite a world financial crisis and a year of political turmoil here, Nicaragua’s small yet feisty tourism sector proved its resilience in 2008 by growing 7.2 percent, according to numbers released this week by the Nicaraguan Tourism Institute (INTUR).
This from an article this past week in the Nica Times. INTUR is calling this [...]

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In 2009 if you have the cash you will find some amazing deals, and likely some quick and painless negotiations and closings.  This article from NuWire talks about the power of cash buying in the domestic market, however the same is also very true in other areas also being affected by the economic downturn.  Foreign [...]

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Recently we had one of our readers contact us.  He is considering Nicaragua as an investment location but had some concerns about Daniel Ortega and all the recent media surrounding him.  We really appreciated the message and thought we would share our response back with everyone.  We share the concern that some [...]

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Fractional Ownership offers investors yet another option for owning an investing in foreign real estate.  Some will say that fractional ownership properties should remain a luxury item, there are ways to use this vehicle to make investment returns.
What exactly is Fractional Ownership?
Just like the name implies, fractional ownership allows you and a group of other [...]

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I was thinking about this statement today. My father is a conservative man. He got a college degree, worked for the same company for over 30 years, had a very successful career, saved his money in pension and retirement accounts, raised three kids, sent them all to college and retired at the very young age [...]

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When we were up in northwestern Nicaragua earlier this year, the reason for the massive road construction project into the Cosiguina region of Nicaragua was to facilitate commerce for not only the peanut farming in the area but also to support the expected traffic from the new ferry that would connect Potosi with El Salvador. [...]

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Many people ask us: How exactly can I invest in property in a foreign country, such as Nicaragua, using a US based IRA? The first step is to contact a qualified IRA custodian and set up a self-directed IRA account. A good custodian will have the knowledge of using self-directed IRAs for non-traditional investments. There [...]

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A well thought out article in the Nica Times about the expected spillover effects on Nicaragua from the US financial crisis. I would expect that many central American countries will feel similar effects described here. One section in particular was very interesting. They referred to it as the possible silver lining, which [...]

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A few months ago I predicted the Dow Jones Industrials Average (DJIA) would be below 10,000 before the end of the year. How did I know this was going to happen? Robert Kiyosaki and Donald Trump told me. For anyone worried their financial lives are now, or may be in the future, in peril then [...]

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Yesterday on the front page of USA today there was an article explaining that about 20% of retirement savings or about $2 trillion has disappeared, in the last 15 months according to government analysts. A different study has 1 in 5 workers over the age of 45 have stopped putting money into retirement vehicles.
Sad [...]

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