Retiring in Nicaragua 🇳🇮 Advice 2022
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- Опубликовано: 23 авг 2024
- A viewer asked if I would recommend #retirement living in #Nicaragua. I have a life in Nicaragua now and love it here. I might be a bit biased, but I have relocated to many countries in the past and after having lived abroad for many years have chosen Nicaragua as the long term home for my family and business. So I am putting my money where my mouth is and am living in Nicaragua myself.
In this video I will attempt to address questions specifically for retirees and their concerns when picking whether or not to include Nicaragua on their shortlist for consideration.
#retire
If you are looking for assistance with a move to Nicaragua: info@relocatenicaragua.com
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Man!!! The more I hear about this country, the more I want to get out of here and go live there.
I am so looking forward to next year’s trip to Nicaragua; We already have the tickets.
Can’t wait!
Scott, Thanks again for the greatly informative post. I hope to meet with you once we make my trip there next year. I’ll definitely keep you posted sir.
thank you scott my wife from nicaragua and i am from big apple new york city .we both retired and we are building a townhouse in her town diriamba carazo hoping tp move to nicaragua for 2023 for our retirement .your presentation helps me understand how well a retired person can live in nicaragua thank you so much and hoping you add more videos presentaions .
That's awesome, congrats. You'll love Diriamba, Carazo is a great area. Tell your wife that you are excited but heard it isn't as nice as Jinotepe (then run somewhere for safety.)
It really is a lovely area. And close to other great areas (Jinotepe, beaches, and not far from Managua.)
Whereabouts in diriamba ?
I really recommend to live outside the the center of the city, it's really horrible lots of drunk people, some drug addicts, gay prostitution and some thieves. Maybe near la boquita/Casares, or near the Pan-American Highway, cool weather and it's really quiet 😀
Todo lo que este hombre dice es muy cierto .....ya mi casa de Retiro gracias a Dios esta viento en popa...aqui en USA..la vida va undiendose ...no se puede vivir a menos q muramos trabajando y nay yo no quiero eso
¡Muchos gracias! Yo también vine de los EE. UU. y sí, la vida allí se ha vuelto extremadamente difícil. Siempre me sorprende lo aislados que estamos aquí en Nicaragua de todos los problemas que ocurren allí.
Just waiting for my passport to come through and I’m heading to nicaragua
That's awesome! Seen you "soon"!!
Wowow lovely video Scott
Many thanks!
I'm probably coming around January 2025 , I toured around with a friend 2016 for 5 days and I haven't heard you mention a mountain town called "ESTA Li " which I loved ,there was no trash . Your videos are very helpful to me , I will be loosing my 600 $ dollar apartment, the same apartment rents for 2 to 3 thousand dollars now , Toronto is now more expensive than New York. But I will loose my free heart medicine which costs 400 USD for a 3 month supply in Mexico. Thank you so much , excellent service, I'm hooked on you feed 🎉
Don't worry about Esteli content, we have you covered with some seriously popular episodes...
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Very informative video. Interesting to hear your perspective!
Glad it was helpful! Thanks!
Great information Scott. Welcome to Nicaragua .
I’m from Chinandega, And we have a lot of Americans living close to the beach. Leon also is an amazing city.
Chinandega is a nice city too. Just too hot. But I really like the city.
I loved this video! I’m retiring to Granada, Nicaragua.
Awesome. I used to live there seven years ago. Fun town. Close to everything.
Another good one Scott!!!! Amazing :)
Thanks!!
Hermoso Nicaragua saludos desde México
Gracias!!
I've been giving a lot of consideration to possibly retiring south in about 5 years. I was at first pretty set in my mind it would be somewhere in the Yucatan, Mexico. I still think it's tops for variety of things I'd like to do. (Ruins, ATV's & I love to scuba), then I seen how much cheaper it can be. Now due to that, I've added Nicaragua and Columbia to the mix. Trying to weigh pro's & cons (such pretty women in Columbia...lol. It would be great if I had a deck or terrace with an ocean view. Where would you think this can be had for lowest cost? How hot/humid is it and how much is electricity? I do like that you own the land if you buy there. I think that is pretty rare. I'd rent for a while 1st. I think the idea of buying property out of their home county is pretty scary for most; that many wouldn't even consider it. I'm not like most...but take care to make sound choices.
Colombia actually has pretty expensive coastal areas, in general. The areas that you know about, at least, are very expensive. Mexico doesn't allow foreigners to own on the coast AFAIK. Nicaragua definitely wins on ocean pricing, probably by a lot.
Mexico and Colombia win based on the overall availability of resources and the number of options. They are both enormous countries and Nicaragua is very small. Also those two you will be looking at Caribbean and Nicaragua you will be looking at Pacific. So that is a big factor.
Nicaragua is hot and humid. Yucatan is nearly identical. My general manager is based in Merida, Yucatan and I'm based in Leon, Nicaragua and our weather is identical almost every day. Colombian coast is typically about the same as well. Electric here is a little expensive, about the same as in the USA from what I can tell.
Something I have learned is that living "next to" lots of cool attractions means very little. You do those things once or maybe twice. Their proximity is rarely a true benefit. But the cost of living near them affects you every day. Living someplace cheap where it is easy to travel to things you want to do has benefits every day, and the small effort to travel to attractions is barely noticed.
Colombia very dangerous and pretty women are rare in reality
@@ScottAlanMillerVlogthanks for that info
Thank you for sharing Scott!
I'm 57, looking at a Caribbean retirement.
Definitely now, Nic is a huge possibility.🤔
(home owner in Pennsylvania)
That's awesome. But be aware that while Nicaragua has Caribbean, and everyone looks at the map and things that our Caribbean Coast must be the best thing ever... it's empty and uber poor. It's the poorest region of the country and realistically "no one" wants to move there. There are only two towns of any size out there and both are very remote, poor, and very little like the rest of Nicaragua. That was a Jamaican colonial area and is autonomous so it's essentially a different country with a different culture, history, etc.
@@ScottAlanMillerVlog
Honestly, I'm pretty much a hermit.
I live of grid, old school, and from you've said, and what a friend that lives there said of the locations.
I live primitive, and I feel id be more comfortable among common folk.
(I live in the woods, no neighbors within 1/8 mile)
Just to be sure... you can definitely do that anywhere in the country. No need to go to the east coast to get some distance from neighbors. The east coast is a little more like an Amazon experience. It's real jungle out there.
@@ScottAlanMillerVlog
For some reason, I trust your opinion.
I've already planned my road trip vaca to Florida, via NC, TN, FL panhandle, then finish in Titusville FL.
Otherwise, I'm already thinking ahead to tour Nic next spring.👍
I'm so glad you are a communicative person, most folks now days are cold and short.
(ie: you obviously are smitten in the Nic)
Thank you...🍷
I have to admit, your lastest post, you blamed the plausible reason for the high ground temperature on "global warming".
IMO, that theory is a complete ruse!
Just saying...
Thank you for making this informative video... I'm from Canada... keeping an open mind...
Glad it was helpful!
Can you please compare costa Rica, Panama and Mexico to Nicaragua in how the advantage are in property prices, weather and number of hurricances and prices of land
Great summary 👌 👏
Thanks Scott very informative 👍🤠
Very welcome
I retired in Panama last year but all these protests are concerning. I am considering San Juan del Sur. What is rent for 1BR ? And what are your opinions on government stability now with President Ortega?
SO many questions about stability in the most stable government in the region. Where do so many people get this concern about stability? First... as an expat who cares about gov't stability? That's meaningless to expats. Second, given that no government in the region (especially not the US) is nearly as stable. Ortega has led the government nearly all of the last 40 years. Like any democratic nation, things flip from time to time based on public opinion. But for stability... nothing comes close. You might like or not like what is stable, but one thing no one can argue is that it's super stable.
1BR ranges wildly. Starts at like $75 and sky is the limit. Most houses are 2BR and start around $150 for standard small Nica houses, new. I know nice apartments for $180. Rarely do you find a 1BR.
But region is everything. SJDS is a lot more, some areas less. The range is big, but it's the cheapest around.
Great message about buying stuff we don't need. Nicaragua doe teach financial temperance.
Really good video overall!
It really does, just naturally.
Can I find there beaches with no big waves, see water for little children? Not a pools.
Sure. So the lake, obviously, as a starting point. Both lakes are pretty calm. For the oceanic coasts, you probably get a lot of calm on the Caribbean coast although I don't know if that is universally true. On the Pacific side San Juan del Sur is the calm area because it is a protected bay. That's why it is so popular. That's good for kids.
The northern beaches are rugged and dangerous for sure.
Well done.
Thanks so much!
Thank you Scott. It is pretty informative video. I am truly interested to check up Nicaragua to have my earlier retirement in Florida. I heard there are some places in Nicaragua where the weather is not too hot all round of a year. I am planing travel to Nicaragua in April or May this year and interested if it is safe for single lady to travel there and especially to live somewhere in forest, lake or small farm home? I am not at all interested about to live by the ocean as I prefer cooler weather and the soil living to have my little garden and grow my own produce.
Nicaragua is extremely safe in general. For a single woman anywhere, there are risks, of course. The sad truth of the real world. But the good news is that Nicaragua is far safer than, say, Florida. It's safer than the US in a general sense, and Florida is not so safe by US standards (not terrible, but not great.) Getting into more rural Nicaragua and away from tourist areas makes it even safer.
All of Nicaragua is warm, we are a low lying tropical country. But the highland region (the departmentos of Esteli, Jinotega & Matagalpa) are high enough that the average temperate drops significantly. You'll never see it as "cold", but certainly "not nearly as hot." I live in Leon which is part of the brutally hot Western Nicaragua region, along with Chinandega. These two cities are as bad as it gets in all of Latin America for heat. Managua, Rivas, Granada, Ometepe, San Juan del Sur... are cooler. Very warm, but not the brutal heat of the west. The the highlands are dramatically cooler. Still summer-like temps, but reasonable, cool summer day temps most of the time. I really like that region and it has a large amount of the country's population for obvious reasons.
That region would offer a lot of small village, rural, forest, and lake style living options at low prices. Very, very few expats there.
Can you please talk about the Nicabox?
Have you done a video about things Americans should avoid doing in Nicaragua? The things you would normally expect American tourist to do or just any tourist.
I mention things now and then but havne't done a video on it specifically. That's a good idea.
ALL tourists should avoid staying inside their home all day 😂 jokes aside, the only thing my Canadian husband is weary of are mosquitos ❤️❤️
As long as you don't talk badly about the socialist government you'll be fine 🤣
i am a military retiree and 100% VA disabled veteran. best steps to retire in nicaragua. Thank you
Probably not a lot of specifics to give here. As a veteran I assume that you have a pension coming in, so you are in good shape in the future for a pensioner's residency visa. But you don't need that. Your first step is going to be to just get on a place and come to Nicaragua and make sure that it is for you. Then, of course, decide what Nicaraguan experience you want. Surrounded by expats? In an enclave? In a city? On the beach? Steeped in Nicaraguan culture? Living a basic life, or something fancy? Lots of decisions to make, but the world is your oyster here.
You can stay for years with just a tourist visa (automatic) so there is no paperwork, no planning to do. Just get on a plane, come down, and make decisions. Rent at first while you decide what you want to do past that.
Consider that if you are disabled MAYBE you need medical care from the big city? That can be a distance factor in deciding where to be based.
@@thenicaraguan1980 I’d also be curious about health insurance coverage. It’s doubtful an American retiree’s Medicare coverage will be in force. I did read that social security benefits cease once you leave USA +6 months. Visiting a country is one thing, moving there permanently is another.
What about private hospitals and dentistry comparison
Chisme correction, Nicaragua is on Central Time, NOT, Mountain Time.
The majority of the year, Nicaragua matches US Mountain Time. The lesser part of the year, it matches US Central Time. To compare to a US time zone, mountain is closest as that is the one that coincides the majority of the year. Nicaragua's time zone locally is called Central American Time and is not a US time zone as it does not have a Daylight/Summer component. Central Time or Mountain Time only exist in the US.
So for example, right now, as with most of the year, Managua and Denver are on the same time. In the winter four months, Managua and Chicago will be.
This is the first video of you that ai watch, can you talk about the residency process there or do you have a video about that?
I've mentioned it here and there. But not a lot of details. I think that there is mention of it sprinkled throughout other videos. I'm not an expert on that process, you really want a lawyer for details. But I provide what I know. Also be aware it changes regularly so info can get out of date.
Here are SOME videos with info...
ruclips.net/video/dHVg-xWJWK8/видео.html
ruclips.net/video/sNFt2nBdwoE/видео.html
ruclips.net/video/0IjZPb7QVEI/видео.html
Trying to find a small house with fair amount ( 1 acre or less )of land near a high performance surf spot..
Any ideas besides the main tourist known spots
Any surf spot has a certain about of tourists. There are lots of lesser known beaches, but the good surf ones have some degree of people already. Rivas has the best surfing AFAIK but is definitely popular already with expats. I would say come down and travel from beach to beach to see which ones you like. Nearly all beaches have some surfing here.
@ScottAlanMillerVlog. The town of Rivas is about a half-hour inland, so it does not have surfing.
What about activities for retire people? I heard from other people in Nicaragua that there is nothing to do there, that's a good idea
Hmmmm... what activities do retired people look for? I tend towards pretty active activities like dancing, concerts, travel, cultural events. For retirees restaurants, concerts, theater, museums, beaches, hiking, horse shows.... stuff exists, but I think American entertainment is much more retirement oriented than Nicaragua is where the population tends to be young and likes to stay active. But it's a tough question to answer because I wouldn't know how to answer it anywhere, even in my childhood home town. There are old men playing chess in the park in Nicaragua ;)
Book club
Lessons ( Spanish, arts & crafts, dance )
Volunteer at a local school
Start your own garden
Go out and meet people
Nature walks
Water sports
There’s so many things you can do in Nicaragua. To say there’s nothing to do there is a bit out of touch. It depends on your lifestyle or the lifestyle you are aiming to have if you were to relocate to a new ( third world) country not everything is as convenient as it is in the USA or Europe but folks are gravitating towards Nicaragua because of the simplicity of things. Just my two cents :) so much to say but do your research and watch lots and lots of videos. I like this channel in particular, it gives me a good down to earth friendly vibe. I can also attest to the accuracy he gives as I’m a Nicaraguan living abroad so I know the real deal ;)
For sure. Pretty much anything you'd expect to find in North America I think that you will find here. Art classes are a big thing that I see quite often. Tours, of course. There are loads of retirees here so anyplace where that is popular (Managua, San Juan del Sur, Granada) you will find groups of North American retirees looking to do things together.
Horse back riding, fishing, growing exotic plants, surfing, hiking. I can get everything I need in the town I'm living in. Things I want tend to be imported.
I was born in Nicaragua. My mother is Costa Rican and I’m a Canadian citizen. I’ve been looking to retire back in Nicaragua. How long did the permit process for your build take you? I’m 20 years out from retirement.
We've done multiple projects. Some took only weeks, another is taking many months but we are building in a protected wild preserve area. So your mileage will likely vary a lot.
What is the process to bring your dogs with you to Nicaragua?
Bringing dogs in is quite easy. Some basic shots and medication, documentation from your vet. It's easy. The real issues are the transport to get them here. Right now with most flights to Managua no longer flying getting into the country with dogs is far more complicated. Nicaragua presents very few challenges to bringing your dogs. But all the other countries that might be involved may. And flights are difficult as is driving. So there are always challenges.
Assuming a guy owned a small place there (so no rent), would it be possible to retire on a UK social security cheque (very simple life) of around $800 a month. Just one person. Thanks.
And the answer is?......
For sure. Of course $800 isn't a lot anywhere. But that's double an average household income here. Without rent you can easily live on that and there are definitely expats living in less than that. The beach would be hard, as it is more costly. But the cities or villages are really cheap. Especially the mountain locations like Matagalpa or Jinotega would be very liveable.
definitely. $800 is definitely possible.
@@ScottAlanMillerVlog Thanks man. Your vids are really cool.
thanks! I'm in the mountains of Guatemala filming right now :)
Any advice on education, schools please ? State schools, international schools, etc?
I have a 9 year old daughter, English speaking.
What is your home (source) country? Is in person schooling something you want? A popular choice for a lot of people these days is to use "school at home" resources from your home country. For example, our home state of Texas provides a complete curriculum for stay at home, home school, and traveling students from the state, totally for free (from our tax base) for all students from the state. We only use this partially, not completely. We use a mixture of online and self schooling options; but you can totally use a full curriculum from wherever back home is and in many cases get a diploma from that location because of the process.
Nicaraguan public school is not very good, definitely a weak point in the country. Although the bigger issues are not the quality of the education but rather the drop out rate and lack of resources. If students didn't drop out so frequently, it would do much better, obviously. You will likely want a private school, private tutor, remote school, or home school option for your daughter. That's a broad range, but the public school is almost certainly only a good option if you use it as an additional resource and not the core of your daughter's education.
I'll look into doing an episode on this.
I have friends who just found a really good school in Sutiava (Leon) that sounds really good. They are Canadian and it sounds like the education there is really good.
Just build a house in tapitapa im trying buy a car idk process
Now THAT would be affordable! Now that there is the highway bypass, I'm sure Tipitapa is improving a lot. All that airport traffic coming through town was horrible in years past.
I just watched your retirement series it was great. Can a couple of seniors find an apt or house for $200 or less?
$200 or less will be challenging, but absolutely possible. Of course your expectations of a house and location will need to be realistic. At $300 you are definitely looking at the possibility of really nice places to rent. Dropping to $200 you are going to be challenged, but definitely possible. That would be a fun project... find the best $200 house in Nicaragua!
If you are willing to live someplace less attractive (e.g. not for tourists) you'll be in good shape. I think some nice downtown apartments in Matagalpa (quite a nice city) are going to be around $200.
In a pinch, I know a one bedroom apartment for $120 that I wouldn't be proud of, but it is safe and comfortable enough walking distance from my house in Sutiava (aka Subtiaba.) And that's in a gated tiny apartment building with a guard. So not bad!
Yes you can
You can find a house for 200 or less but not in Managua, maybe in other cities like JINOTEPE, Diriamba, Masaya,
For 50$ more you can find a nice house in Masaya Highway there are many residential areas right there
Imposible to Many crooks
i am a canadian snowbird retiring in a couple of years, looking to rent furnished 2 bedroom november to end of april. we love the beach and fishing. what can you tell us around leon?
Leon is a pretty awesome option for retiring for sure. It's cheaper than most of Nicaragua that you will be seeing advertised or talked about elsewhere like Granada, Managua or SJDS. It's not the cheapest, but it's very affordable.
Leon is hot, that is its biggest negative. And it is almost two hours from the airport, that can be a pain if you travel a lot or have regular visitors from abroad. But it's not a big deal.
Leon is big enough to have stuff to do, small enough to not feel overwhelming. The city is very manageable, for sure. And very safe.
Leon is unique in that it has the beach in the city zone. Nowhere else in Nicaragua is like that. Whether you want city life with easy beach access, or beach life with easy city access you have the options in Leon. You can also do country living somewhere in between the two and have easy access to both (this is basically what I am doing now.)
What do you want to know about Leon?
We would only want to come for 6 months over our winter November to end of April. Are there 2-3 bedroom houses furnished available? At the beach or the city?
Great content...How do people get a visa?
A tourist visa? For most visitors, it's automatic on arrival. If not, you need an embassy.
Thanks.
Im thinking about moving here for awhile
Definitely a great choice. I've been very happy with the decision to come here.
Is the prescription meds the same as Canada in price or less
It varies, but most things are quite a bit less.
What shipping service do you use?
Currently NicaBox, but we are going to try another one.
What is the expectation for Nicaragua after Ortega is no longer in power?
Given that it has been a peaceful democracy pretty much without exception outside of US military intervention for nearly two hundred years, the only fear is that the US invades again to halt elections like they did long ago - but that is not expected - an easy transition to the next "generation" is expected. The US is overly engaged elsewhere and hasn't been successful at interfering here, so repeating that seems to be something that they are wary of. He's in the process of retiring now. So as he has initiated the retirement process the expectation is an incredibly seamless continuation of the country with little change. The continuity of services here isn't a general matter of public concern, it's generally accepted by locals and expats alike that the mechanisms in place will work.
@@ScottAlanMillerVlog Who are the likely next generation of the Sandanista movement? What are their priorities and feelings about the US, etc.?? Will change affect foreigners coming and living in Nicaragua?
Hi Scott I have about 200000 dollars to retire with plus social security What type of home can I Buy in Nicaraqua for 150.000 Thank You I enjoy your videos very informative.,
$150K will get you pretty far, especially right now. Here in the León area that will get you a decent condition full colonial somewhere around the city center or a pretty modern place outside of it (say, Sutiava.). Three to five bedroom place in good areas. On the beach that'll be a three bedroom on the sand. That money will get you move in ready, or for much less yo can get a project home and have lots of cash for improvements / customizations. How much space are you looking for, what kind of amenities?
I’m wanting to know if Leon has a Pharmacy and a Hospital?
An old hospital now. A state of the art new one is almost done being built. There must be 100 pharmacies, for real. Almost every block has a pharmacy. I can order from one by shouting out my door and at least two more visible from my block.
There is also a private hospital, in addition to the public one. The private one is small, but extremely affordable and our experience there with emergency cardiac care was very impressive. Even without the new hospital being finished, we are very happy with the care here during emergencies.
There is a new line of brand new big pharmacies in Sutiava on Ruben Dario. Must be six pharmacies all facing each other in two blocks. It's so weird. I have three pharmacies on my block in Laborio. There are SO many yo ucan't figure out where to go.
ruclips.net/video/Zfa7IpROkcE/видео.html
I heard Nicaragua has less property rights protections compared to Mexico or Panama, any opinion on this?
I don't believe that that is true. Not that Nicaragua is better, but they are all pretty similar. All of them have strong civil law that highly respects property rights unlike common law countries (US, Canada, UK.)
@@ScottAlanMillerVlog I've never heard of squatters taking your property in the US, it has happened in Nicaragua, Guatemala, Honduras ect.
Not common in the US like in England where it is rampant, but it's why Americans can never leave their property empty. Squatters have strong rights in the US and most of us have known people who have had major issues from it. You can have squatters in NIcaragua too, but it takes a lot of work. Many years, not months, and you have to make risky capital improvements. If squatting worked at all, it would solve a lot of the problems on the beach with abandoned properties that no one can find owners of. It's so hard to squat here that even where it makes sense you often can't.
Awesome vid. I hadn't even considered this country. How safe is it for a single female to live there alone? Also, I am an artist who likes to paint outdoor landscapes. How dangerous would this be? Is there a large art community in Nicaragua? Thanks
Nicaragua is extremely safe, especially for women. Okay, that sounds wrong. Nowhere is "especially safe for women", but as a relative safety measure against most of the world, Nicaragua ranks relatively higher for the safety and rights of women than most countries.
There is art, of course, but I wouldn't say a large community. Being a lower income country, art tends to lose out to some degree. But a community certainly exists. And it is Latin America, so there is a general push for the arts.
Have you been to Argentina and even Venezuela I understand both countries have high inflation but solid infrastructure, and a very good climate? I definitely like Nicaragua but am interested in the Atlantic side. What do you think?
I have no. I have an office in Argentina, though. Argentina is very advanced. Venezuela traditionally has great infrastructure but today, I'm not so sure you could say that. The country is in disaray and costs are all over the place and safety is a major concern for the moment. My Venezuelan staff won't allow me to travel there at all. And I'm pretty brave. but they say it is beyond foolish. It's the only country in the Americas they are wary of me going to.
High inflation is difficult to deal with. If your money all comes from external AND you can get it in reliably, it can work to your favor. But anything goes wrong and you can get screwed pretty heavily.
@@ScottAlanMillerVlog Will you do videos on the Atlantic coast of Nica any time soon?
Have you done a bit on the stability of the government or can you do one?
I have only done so in mentioning that it is generally very stable, especially in relation to the region. I have it in my reasons that we chose Nicaragua video as it is a factor (but a small one) in Nicaragua's favour compared to everyone else in the region. That it is so stable and has been for so long is a benefit. People say things like "it's stable, until it is not" which is true of all governments, always (US, Rome, Nigeria, Germany, Italy, whatever.) That's like saying I'm hungry until I'm not. Um, obviously, lol.
Beyond that, discussing opinion as to why it is stable and whether we like that or not is not our place as foreigners.
But what is factual and not opinion that I can tell you is that:
1. the country is safe and stable (why gets into opinion)
2. the stability of a government is of major concern only to citizens, rarely to foreigners. stability can be a factor for investors who want to be sure that incentives and promotions or tax regimes are predictable for investment purposes may care. But for just living in a country, I've been in countries when the government went through big changes and it rarely impacts people in day to day life, and foreigners almost not at all.
For example, several countries in the region (Honduras, Guatemala, even the US) have very unstable governments right now. But as foreigners in those countries, you don't really care, it isn't your concern and it really doesn't affect you. Panama is pretty stable, but it isn't really a bonus.
But Panama and the US are generally safe, and Honduras and Guatemala have major safety issues. Those factors matter a lot, stability really doesn't.
I think the US has traditionally promoted government stability as a marketing tool to get business and tourists into the US traditionally because since 1865 the US has been a bit stabler than most countries in the region. But that cycle has ended and now it is more in the middle of the pack. So long term I imagine the push for stability will stop as it now works against them rather than for them.
My question is do u give up your USA citizenship, how do you deal with immigration , because what I understand they only give you 3 months of stay .. so how do you go about that.
I think you are missing a lot of the pieces of this puzzle. I'll make a video for you, but I already have several resources. You are mixing a lot of concepts here in a very extreme way, though.
But the basics... as a tourist in another country, you don't give up citizenship when you go on vacation. That would be a disaster. That's all living abroad is, long term vacation. Also, the USA doesn't recognize giving up citizenship currently, that's also not a thing. They stopped that at the beginning of COVID and it was very, very hard even then.
Nicaragua gives permanent residency. Three months is only the "at the border" vacation limit before your first renewal. That real number is six months, not three. But that's not residency.
Watch these videos and I'll put something more together for you...
ruclips.net/video/yOM5OBUZSjc/видео.html
ruclips.net/video/03Y4FxBBOMM/видео.html
ruclips.net/video/YyDMYdVHlAs/видео.html
ruclips.net/video/S79onSciVtI/видео.html
So the quick answer is.... no, you don't give up or discuss citizenship in any way. Essentially ever. No one wants to give up their home citizenship, no one wants Nicaragua citizenship. Those are unrelated concepts to what everyone is talking about doing here. Those aren't connected with residency, visas, or where you live or work.
How much is one acre of land?
That's a loaded question, haha. So the variance is enormous. In the most prime spots, like Los Robles, Boloña, Villa Fontana, Downtown Grenada, Estelí, or San Juan del Sur you might find an acre over $25K. But this is insanely rare and isolated. In most of the country, an acre will be $10K maximum and often far less. If you are looking for something that isn't prime real estate (colonial city center or beach front) then $5K or less would be expected. It would not be surprising to find an acre for less than $2K.
I’m flying into Managua on June 20th. Have you had any experience with the Covid 19 procedures coming to and from Nicaragua? Any advice on timing the test prior to departure?
Testing time is a little flexible. What we do is "day before". So if you are flying on the 20th, I'd get the PCR (NOT the Antigen) the day before. We go for the cheapest available (which is like 10-12 hour result time) the morning before so that we get the results before the end of the day, can print them out, and can leisurely have all of our stuff together before flying. Managua only cares that it is within the last day, so this works just fine. We did this literally yesterday :)
Leaving Nicaragua there's nothing needed. There have been claims in the past that a negative test was required for exit, but they don't ask for that anymore (we did this two weeks ago.) If you are going to the USA, you will need a negative test. You can attempt to bring a self test with you (one or two per person is generally allowed, don't bring enough to potentially sell or they will flag you as smuggling medical equipment) and just use that for the US. US is really loose (fake, really) as far as testing requirements. If you want Nicaragua to administer the full test, it is $150 and only done by the government in Managua, but is easy and efficient.
If you are traveling out from Nicaragua to Costa Rica, there is no requirement at all. Just stroll over the border like it is 1995!
Scott Alan Miller you said the day before. Two questions. What do you look for to find a place that does one day per test? Also I heard you had to send in results 36 hours prior to your flight. I’m trying to figure out how people are pulling that off?
@@japkc615 Yeah, the requirements are basically made to make it impossible to fly here directly. The US has made the lack of testing locations make it super hard. It's so bad (and there are so few flight options from the US) that we are avoiding Managua airport right now and using Liberia instead. Cheaper and none of those hassles.
I'll try to make a video about avoiding Managua airport today.
@@ScottAlanMillerVlog just came thru Managua Airport
No problem cept you need a mask and they want to see a vax card....no biggie
What town are you in living?
Leon
Nicargua sounds interesting. I would LOVE to purchase less.
It's so good! We love the lifestyle here. It just keeps growing on us.
It is definitely a very unique and interesting country. Well worth a visit!
Does matagalpa have a hospital . ?
Yes. Hospital Escuela Cesar Amador Molina is there. It is a small regional hospital. I know very little about it. But north of Matagalpa in the mountains a brand new really nice hospital just opened. It's been on the news a bit. In Nuevo Segovia somewhere.
A new hospital north of Matagalpa was just finished, too. Looks pretty nice. Really far north, rural mountain area.
Everywhere in Nicaragua has resources. Unless you move into the jungle and live as a hermit you are never without excellent healthcare, internet, cell service, and "ok" power. It's a more developed country than many developed countries. It's poor, so the contrast is weird that there is very little money, but the infrastructure of things that you need is more like Europe. Matagalpa is a huge powerhouse industrial city full of mansions and interesting businesses and locations. All those millionaires in their baller houses driving the Porsches around definitely are getting good healthcare.
What’s the population of Leon ?
300,000
How much is rent for a 1bdr apt in Leon?
It varies a lot. The cheapest that I've seen is $120 furnished month to month. It really depends on the style, size, part of the city, length of term, etc. Figure most expats won't want to spend under $200. Really fancy will start more like $300.
What about firecreackers goig off all night?
That's what drove me out of Oaxaca, Mexico.
I'm literally reading this (in the morning) as fireworks are going off. LOL. LITERALLY.
So non-stop fireworks drove us out of central Leon city. But now we live in the barrio in Sutiava and we only get them on a few holidays (today happens to be the big Leon city holiday so it's huge here.)
Nicaragua isn't just a major user of fireworks, Leon is also a major manufacturing center for them.
I love my country n miss it...but I want to know if evertime when thier a voters time for president day and if they dont win do they always get in trouble n started little war.....😵💫😔
No, for the time that I've been here, everything is very peaceful.
I always see that second time on youtube....our neighbors friend tell us that get in trouble in the voter time get ugly....
@@javierjuarez3826 It's the US where voting is scary, not down here. Don't know what line they are feeding people, but on the ground here, there's no violence, nothing scary. It's very peaceful.
@@ScottAlanMillerVlog good luck....
thè question is:
how long will the nicaraguans accept that their country becomes a second america or canada?
Well the rate of people coming here is extremely low. Far below other countries in the region. Immigration into Nicaragua is a long way from being problematic. Large portions of the country still never see foreigners at all.
@@ScottAlanMillerVlog
Thanks for the quick reply.
However, I fear that with the coming collapse of the world monetary system and economy, the people or the government may resort to drastic measures.
I have already had to leave my residence in Africa under similar circumstances, which makes me cautious about investing abroad again.
Many places in Africa (and I hate to generalize but without knowing specifically where you were...) are famous for loose legal systems and poor recognition of property rights, especially for foreigners. Nicaragua is the opposite. Could that change, of course. But the US could turn into the Handmaid's Tale overnight, too. So it is all about risk.
Nicaragua has a long history of property and investment rights and your rights are extremely strong here. It's one of the last places where I'd be worried, and the protection of my investment here is actually a key reason that we choose it. We feel more confident here than in most of the region (not that we aren't confident there, it's a really safe region for investing overall) and absolutely safer than back in the US where property protection is very loose compared to LATAM in general.
No place is 100% safe, ever. No legal system is perfect, ever. But few places have a system for, a history of, and a projected isolation from those kinds of concerns as here. Certainly keeping money in the US, Canada, or Europe is less secure. Or Africa. Where do you plan to invest that would equal Nicaragua in expected stability?
I'm a risk advisor from Wall St. and one of the most important things that we say is that emotion should have no place in your risk assessment. Nicaragua is an unknown, yes. That's a factor. But research it and the risk is very low. The US is expected to be the next major Americas revolution center, it's currently the highest risk, most volatile in the region which will likely impact Canada as well (tied economies.) Nicaragua is the most insulated from that in the region. It's very important to not let a known high risk like an African investment trigger an emotional response to your future risk assessments. We see this often... someone gambles on a stock, loses a lot, then is gun shy about proper future investment and loses even more money because the fear makes them stop investing logically and start investing emotionally - nearly a guaranteed loss. Humans don't feel financial or political stability well because it's not something we evolved with, so our "gut" reactions to it are very often extremely wrong.
Foreigners and specially retirees who buy real estate are welcome 🤣, yeah we're far from having a lot of Americans, sure there are many Americans in Rivas and San Juan del Sur
i would like to invest in nicaragua people said that if u invest 30000$ you will get passport within 2 years
is that true or just a myth ?
That's utterly false. That's either someone who is flat out trying to con you or, more likely, someone who doesn't understand the concept of residency vs citizenship. $30,000 is the investment number to apply for residency. Citizenship gives you a passport, not residency. No one talks about citizenship in Nicaragua, it's passport is very weak. There's no reason to want citizenship and, for all intents and purposes, it isn't an option anywhere. There's no official path to it, you have to do the tourist stuff, then the residency stuff, then maybe .01% of people who do that eventually go for citizenship. I heard a story of one person one time.
Two years is a plausible number for residency, but it is very fast. I know people who've done it that fast. I know people over seven years. So it varies a lot.
But there's no chance you want a passport or citizenship. If that's something you are looking for, you are looking at the wrong country. This is a residency country, you need to look at a citizenship country with a strong passport like Panama.
I have a video that helps to explain the concepts here...
ruclips.net/video/yOM5OBUZSjc/видео.html
ruclips.net/video/03Y4FxBBOMM/видео.html
@@ScottAlanMillerVlog thanks Alot.Is there any other option under $50000 which I would get passport within 3 years
Why do you want a foreign passport so much? Wanting a specific passport (EU, Singapore, Mexico, Japan, etc.) I understand because each gives you specific rights and power. Just going for any cheap passport means you might get a passport that is worse than the one that you already have. Nicaragua's is specifically pretty terrible. Carrying a Nica passport means even Costa Rica is difficult to get into and the "border free" zone to the north requires seven days advanced notice that you'll be entering and they will harass you and potentially block you from traveling even though you have the right to be there anyway. There are worst passports for sure (Yemen, Iraq, Afghanistan, etc.) but only a few.
As far as I know, the cheapest passports in the world start at $100,000 USD (Antigua, Dominica, St. Lucia). But that's a FEE, not an investment. That money is GONE. You are literally forking over $100,000 for a passport. You are buying it.
The cheapest investment I've heard of starts at $200,000 and that's in Dominica and it has to be real estate and has to be in an approved development - so it's housing that you need to live in, again, not a real investment. But at least you won't automatically lose ALL that money. but likely a LOT of it.
The cheapest normal investment that you have some chance of getting your money back in some way start at $300K. Most countries this stuff is in the millions. Anything in the hundreds of thousands is super cheap.
ZZ top
jaja. thanks, i think.
Is it safe to put thousands of dollars in their banks
Safer than in the US. No banks failing here that I know of :)
But the bigger question is... why would you do that? What's the purpose of wanting to move money into a foreign bank account. That's not a normal thing to do.
Thank you ,quick reply . So what do you do with your money , buy a safe ? Pocket it with you ?
He likes the sound of himself! Not correctly Informative. I lived there for many years.
hey, when you sound like this, what can I say...
Something specific incorrect you wanted to point out? Or just saying that to say that? I live here, I assure you the info is correct. I get a lot of "I lived there, it wasn't like that a decade ago" in posts places. And maybe that stuff is true, but it's certainly not true now. This information is true for the Nicaragua of today. And easily demonstrable.
Convenient from USA is a reason not to go there, gringofied like Mexico is a major turn off better in Argentina and Paraguay,not many yanks there or baseball
Gringofied is hardly a way people describe Nicaragua, the ultimate "non-American" destination. Paraguay is similarly vacant of Americans, but Argentina is a major American tourism destination. If you want a place with truly no Americans, you should be looking at , Cuba, Bolivia or Venezuela. But Nicaragua is in the "almost no Americans" list along with those. Just because it is convenient, doesn't mean Americans go there. Cuba is the most convenient, for example.
Go to mexico the real motherland.
Motherland of what? Not the motherland of Nicaragua. Nicaraguans are neither Aztec nor Mayan. And the Mayan "real" homeland is north central Guatemala.
It's not a good idea to buy land or own a house in a foreign country!!
One could argue that due to better home ownership laws and better land values it's buying in the US that is especially dangerous. There's nothing special that makes "everywhere else" bad.
What's your concern buying in another country? The one real rule of buying is never to buy when values are inflated, that's the issue in the US. Super inflated prices so the value isn't there.
Land laws are often better in other countries. Your protections, rights, freedom... often all better. So what reason is there to avoid it. As someone who would only buy outside of my home country, I'm intrigued what you think I've done poorly as everything people often cite... like legal protections, are unquestionably in my favor. I'm far safer legally in a different country, and I'm far safer financially in another country, and I'm far safer in just physical safety. Where's the downside?
Yankee go home
You from Mississippi? Yankee?
@@ScottAlanMillerVlog i've been all over nicaragua, im just fucking with ya. i've only seen this video so idk how you living. I hope you living their lifestyle though and not trying to bring no bougie american lifestyle or capitalism with you. Like that nomad capitalist prick
Hey Scott... planning a move there....let's connect 👍🏻
hit me up on Instagram. @ziffedtraveler