Nicaragua Expat Remote Work Jobs 🇳🇮 Digital Nomad
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- Опубликовано: 17 сен 2024
- If you are an expat and moving to Nicaragua, you really need to be either already financially stable without a need for income, or you need to be planning on working remotely to your home (or other foreign) country. This is where Nicaragua provides your best benefits and options for stable income and is the perfect location for being a long term digital nomad.
#nicaragua #digitalnomad #remotework #workfromhome
1 September 2022
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Scott you Are the Man! We love you
Thanks for the reminders and realistic, yet positive, info. Will visit asap
Glad it was helpful! And yes, get down here soon! :)
I love the way you care about others❤
Some very good points here. Thank you for taking the time to share this information! 😊
Glad it was helpful! More info on this coming soon, tomorrow, I think.
Astute observations and suggestions. Thanks Scott
Thank you!
Great video Scott, as always.
Thanks again!
Beautifully said
Thank you!
Hey, you're in the little park where i take the dogs! :)
jaja, nice
👍Very true : to have a great life in Nicaragua, there is ONE CONDITION → have the right to work from a 1st world country.
⚠To people reading this → 8:55 beware that any company “managed” from Nicaragua is subject to Nicaraguan Corporate Income Tax at 30 %.
👏The content of this channel is exactly what expats are looking for : real advice from someone like you that has already done the job. Real experience, concentrated.
Or have savings and retire. That's actually the more popular choice.
Excellent video Scott
I was wondering if you could do a video on banking options for expats,more so expats who live in Nicaragua for a long period of time.
Thanks
Okay. That'll take some research for sure. But I will see what I can do.
Thanks for sharing valuable content Scott 👍
My pleasure!!
Ok, when you were explaining how small Nicaragua is my brain immediately went to Dudley Moore in the movie Arthur, introducing Uncle Peter and Aunt Pearl to “ Princess Gloria”. WE’RE TALKING SMALL !!!
Yeah, it's such a small market. People don't really realize just how tiny the whole country is and, by extension, how small each constituent city or department is. The overall sizes here just aren't that large.
I am completely agree, it would be great If you talk about your job, I am really curious.
I just discovered Reparto Carlos Tellez today! I saw the sign and said "Wait, he's a subscriber to my channel! lol"
I suppose I can talk about my job. Seems boring to me but I guess if people are interested.
@@ScottAlanMillerVlog It sounds I am famous and I didn't know, I am curious where is that Reparto? Which City?
It's the reparto on NIC-14 direcrly west of Barrio Subtiava.
Carlos Tellez is the author of the Nicaraguan constitution and was an important politician and supporter and the indigenous community (Sutiava is the indigenous powerhouse city) who died in 1991.
I’m a disabled veteran with a 100% disability rating from the VA, I guess I would have a concern about medical services down there. How are you finding them, even if you have to pay out of pocket?
I picked DR over Nicaragua because back when I was looking, it’s when the rioters were destroying the country, but now that it’s back to normal, I’m giving it a second look.
In DR medical services are bad, from my own personal experience, bad and expensive. I have an apartment there now and everything, but maybe I could put that up on airbnb and experience Nicaragua some of the year.
One thing I like about DR though, is everytime I go back, I can pack up a Home Depot box and just fly with it in my checked luggage and put stuff up at home there. Customs at the airport are never interested in picking thru my imports to tax me down to the very last penny they could get out of me.
Any comments about customs in Nicaragua?
I have seen scary scary tales on youtube about drones, where people even have them confiscated. Not sure what it’s like for regular home stuff.
I know Costa Rica is pretty bad for bringing items thru the airport, they really enforce there.
I’m currently in Miami working from home in order to make up for some losses I had in the stock market, but my home job as a Spanish telephone interpreter won’t just let me fly anywhere I want and take calls from say Nicaragua or DR. I figure in Feb I’ll be able to live on my disability benefits overseas and without a job while still paying off debt for the place that I bought in DR, but an extra income like working from home would be handy still, the bad thing is most jobs on indeed, say remote, but they specify even an area in the US you must be working from…
I was telling you what Claro charges me for home internet in DR, and it seems Claro in Nicaragua gives you more for less for sure, however, I have heard a bit of horror stories about electricity billing down there, where if you use a very small amount, the service is free, but if you go over it, it’s actually very expensive. A solution to that in my opinion would be going solar. How’s your experience with the electric company down there?
Do you have a drone or planning on getting a permit for having one down there?
This will take a few replies to get through and I'll try to do a video to cover it since it is a lot. BUT a quick note about drones... those are confiscated because they are supposed to be, they are illegal. So anyone attempting to smuggle one is should be expecting it to be confiscated unless you have lived in country and gone through a lengthy permitting process and gotten special dispensation to have one. It's a LOT of work and I only know of one large company that has actually done it (I'm sure others have, just saying, as someone who wants one.) So that there are "horror stores" with drones is people misleading you. They were attempting to smuggle something illegal over a border, got caught, and are now telling the tale leaving out the key details. Normal customs is a bit heavy on what they allow in without taxes, but they don't confiscate legal things.
I just knocked out a video answering all of your questions. Working on editing it to upload now! :)
@@ScottAlanMillerVlog AWESOME!
Scott, you mentioned stocks bonds etc. What are the options for expats investing or wanting to invest in these options in Nicaraguan government bonds, the stock market Etc in the local market?
I'm not aware of any. That doesn't mean that they don't exist, but I don't know about them. There is a stock exchange here, I assume it is open for investors to buy into. I have no idea how many companies are listed on it. Those are vehicles of North American investing, not the kinds of things that you'd normally do here. I'm sure someone does, but it is going to be a completely different animal. You'd definitely have to move your money into the country first and have cleared bank accounts before you could start investing. I've read in totally unverified sources that foreign direct investing is allowed, but that sounds unlikely. That doesn't many any banking framework anywhere.
In general, Nicaraguan investors are investing more like private equity firms. But typically one by one. Something I'd absolutely love to do as a fun side project is put together an actual foreign backed private equity fund that has really strict "market improvement, do no harm" guidelines and provides an investment vehicle into the market to allow for investors, rather than entrepreneurs, to get into the market. In theory it could even be used for residency requirements. We'd need a group of investors together to kick it off and it wouldn't be cheap. Can't do $100 here or there. We'd need like four or five people looking to do residency that are willing to invest into a "fund" style holding rather than into owning something smaller on their own with an understanding that it is a long term "managed asset" firm rather than stocks.
That's the kind of stuff I like to do. That would be a blast and then that company could buy in whole or in part other businesses, create jobs, etc.
Any videos from a soccer and/or baseball game?
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Any context or comparison of Nicaragua vs Colombia? I’m not sure, but it seems like Medellin is cheaper in rent than basically any of the cities in Nicaragua, albeit from only an AirBnb comparison. Is AirBnB a bad idea in Nicaragua?
Nicaragua is going to be slightly more expensive. Colombia is insanely cheap and so much bigger. But Nicaragua is the safest country in the region, by far, and Colombia leans on the dangerous side. That's not to scare you away from an amazing country, I would move there without hesitation, but just stating that there is a safety difference and a small cost difference. Colombia wins on cost of living, Nicaragua on safety. Both are safe enough, both are cheap enough.
AirBnB is not popular in Nicaragua. It's a tiny market with very, very few tourists so AirBnBs are generally a luxury item.
Thank you for this great video. Do you continue to pay state taxes in the US to your home state? Doing taxes for the first time this year for a house in sjds. Thanks! 19:01
Correct, state taxes are unaffected by moving abroad. That is why moving to a tax free state is very important to do before moving away. I have a video on this...
ruclips.net/video/y9rHzPC_BUY/видео.html
@@ScottAlanMillerVlog Awesome! Don’t know how I missed it. Thank you so much for providing so much information.
@@bigboimike1914 my pleasure!
With all do Respect you said the N word so many Times!!!!!!! first 10 seconds of the video you said the N word 3 times hahahaha
LOL, when people say the "N word", they don't mean Nica!
@@ScottAlanMillerVlog NOOO dude you can go Viral and be canceled jajajajaj hahahaha