Nicaragua 🇳🇮 Affordably Moving Without Worrying
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- Опубликовано: 22 дек 2023
- #nicaragua #expat #relocation
For a potential #expat looking to #relocate or #moveabroad to Nicaragua or elsewhere in Latin America, the idea of #gringopricing can be daunting or scary. It's a real thing and can affect your cost of living and availability of services. How dramatic it is? Should you be worried? When does it affect you? What can you do to protect yourself? Avoiding Gringo Pricing when coming to Nicaragua.
Also, can you afford not to move to Nicaragua?
16 December 2023
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Something I've never really worried about in Central America is gringo pricing. I've not started looking at real estate, but when I do, I will have Nica friends help me out. With that being said though, I feel like with other goods, I'm paying so little for whatever to begin with that I don't mind paying the extra. I feel like they need it more regardless. I will definitely go to chain stores if I absolutely feel like I need to. I'll save massively somewhere else. It's an ebb and flow, or very symbiotic relationship in my opinion.
While planning a first time trip to Nicaragua for a month this year. I am so happy to have found your channel with all these great details. Thanks so much!
That's awesome and thanks so much for joining the channel! It's a cool little community here.
Thanks!
Thank you :)
You made a good point about the scams in San Juan Del Sur, my wife and I got approached a few times to buy properties that were WAY over priced!
Excellent advice as always. You scare me sometimes. How the hell do you know so much about so much. I'm very good at what i do but it's a very limited sphere. Thank you for your help and advice.😊
If you have a Banpro credit card you get 40% discount on restaurants on Thursdays. So your USD 40 tomahawk will cost you only USD 24
What? I've never seen that. Only CC or bank card too? so do love BanPro. Only bank we have here in Sutiava.
Only credit card
Great video Scott!
Thanks!
I got stuck once along side a road with my bike refusing to start. My bike is not heavy, around 50 pounds but they overcharged me while the bus was moving . I could have refused and they would have dropped me on the road but the cost was taking advantage of my vulnerable situation.
What I hate about traveling is when arriving in a town or a city, it's the time wasted to find a decent room at the lowest cost. I could zigzag around town, ask people but it's one of the things I hate about traveling.
❤
Scott! You posted this video on the exact day that I arrived in Nicaragua for a 6 month stay. It's like you could smell my gringo arse getting off the plane!
Jaja, I'm here to help ;)
Thank you for breaking this down! Sometimes when you hear about one scam after the next, it seems like there is more scamming and gringo pricing than there actually is. I appreciate the thoughrough attention to this topic all in one video.
If you go to scam central (aka San Juan del Sur) for sure... it's a never ending stream of it. But unless you WANT that culture (and lots of people do), just don't go there and it won't happen very much and it's easy to spot. SJDS is overwhelming that the constant long con thing IS the local culture now. It's like... if people don't try to get you to invest in their start up or you don't spend your vacation looking at houses that aren't really for sale... did you even go to San Juan?
just say “no menos?” and walk away…
New topic idea: My husband and I are looking for volunteer opportunities within Nicaragua. Do you have any suggestions on potential organizations? Retiring in our early 50s sounds great as long as we have things to do to give us purpose. Thank you 😊
@user...There's something about taking care of dogs.....
ruclips.net/video/ruPF37XFxbU/видео.html
Ok but Maxi Pali is walmart. How do i shop and help the Nica economy. La colonia is great for luxury items (ocean spray cranberry juice) and the central market doable (used to bartering in morocco) but for everyday shopping?
there is just the street markets, the downtown shops and La Colonia. Locally owned is pretty limited :(
Hello again Scott, I am wondering now about clothing that you recommend in Nicaragua. Could you break down what you would recommend in terms of what kind of clothing you typically wear and what fabrics work better there?
For example, cotton is probably not the best clothing to have a lot of there because of the rainy weather. I am thinking polyester or other synthetic quick drying clothing would be more ideal.
Also, what about a rain jacket? Do you have any particular brands or styles that you like?
Any feedback would be awesome!
Thanks for the continued awesome content on Nicaragua!
VIdeo covering this coming out in a few days :)
Scott I need your help I will be visiting Nicaragua soon I mean if you can p you're too busy I understand
I'll be around soon. Shoot me an email.
Hi.
Could someone tell me if i could somehow cross and stop here in there through Nicaragua on my way to the Costa Rica border?
Thank you!
Didn't see this question posted before. On your way to the CR border from where? Where is it that you want to stop?
@ScottAlanMillerVlog Well ...Guatemala... then... Nicaragua... then a little bit more to the South
... I believe is Costa Rica...
Thank you!
You are a busy man. Didn't think you would have the time to answer personnaly!
If you are coming down by land, there's no way to avoid Nicaragua. You can't get from Guatemala to Costa Rica without passing through both Honduras and Nicaragua. You can limit Honduras to a tiny slice along the coast, but there's no way to avoid traveling the entire north south Pacific length (at minimum) of Nicaragua. So all the famous beaches, and many major cities are along your "going to drive through them anyway" path. @@edmourgagnon1504
what about Aventón for transportation?
Never heard of that. Likely no. There is public transport and taxis. Many taxis use InDriver. Avoid those that don't in Managua.
Ask the taxi how much prior to getting into the taxi.
This may sound crazy but would it be just as a bad idea to buy land yet rent for a while? Just to own a beautiful affordable piece of property in a quaint country as nica?
Yeah, that's a decent option. At least the land will be cheap. BUT, how do you know which land is good to buy until you've been here for a while anyway?
@@ScottAlanMillerVlog I agree, rent for a while and take your time 👍🏼
Hey! Any idea how to get real, actual, recent, true, not into the drivers pocket prices, (even if it’s approximate) for taking a chicken bus? I’ve taken many public buses so far. When I ride with a Nicaraguan friend, it costs C$20 to 40. When I take the bus by myself it’s C$70 to 120. Same sized back pack with me both times. Same route. And when I’m by myself the person next to me pays C$20 to 30, so once I told the guy collecting money “todos están pagando treinta córdobas. Pago treinta” :) of course they didn’t like that and I paid them four times more for the gringo tax. Or i could get off the bus lol😅 I understand it’s less than $3, but it’s still a systemic lie. And I pay less than that for a bus in Connecticut, which is not a cheap state.
Any advice on how to determine the the legitimate price ahead of time, anything other than ‘take the hit,’ ‘C’est la vie,’ etc?
Or what about at a local local bar in a small town, where I buy four shots of 5 year fdc and four toñas, (for me and a friend) and my bill is C$700. And there’s a table of three guys behind me who drank a whoooole lot more while I was there for about two hours and their bill was less than C$1000?
Or what about in the locals cafe in Granada where I was the only gringa I ever saw… my espresso costs C$50. Unless I want milk in it, that’s C$20 more. I went every day for weeks and heard three other people get charged C$40 for cappuccinos! (I understand this is going to be an example of luxury stuff, but it doesn’t change the math) Which is the same thing I get for 50, but with lots of C$20 milk, but somehow it’s half when you have a better tan :/
Anyway…. I love it here, I really do. But nothing like this ever happened to me when I used to come here before… covid… let’s say.
Gotta say if the shoe fits over and over and over again, it’s a white chick thing.
In that particular case, I think you have to call the police. They need to be reported.
Unfortunately the only way to know the price is to ask people. There are no published prices for chicken buses. UCA shuttles / interlocales have published prices and can't vary.
Is all of this happening around Granada? The gringo tax is minor here in Leon. We never see things like that except for taxis and only rarely with them.
Theres 2 colonias in leon
Oh, there is one in the mall! I forget about the mall locations.
Have you heard from the man in San Francisco who was being scammed? I hope he's okay.
No, he popped up only to report that scam, and kept telling us to talk only to the scammer and refused to provide any info himself. Very odd.
Hello all! People in Nicaragua can tell that you are not from around because of the way you dress (they recognize brands clothing not available in the country, shoes are different even if its Payless, etc. ). If you're Nicaraguan and your accent has changed... same. My parents get screwed all the time. Best is to go to grocery store but, you need to make sure you have cordobas because you will need someone with a Nicaraguan ID to change from dollars to cordobas.
Anyone can change dollars to cordoba. Every ATM dispenses both. Every money changer just changes there for you. Every store takes both and will use whatever. You never need to exhange, just spend which ever one you have. Everyone accepts both, especially grocery stores! Or credit cards. They take anything. And all exchanges are available without any ID at all, let alone a Nicaraguan one. Even banking doesn't require a cedula, but does require your foreign ID if you don't have a cedula.
@ScottAlanMillerVlog all places we went to accepted both no issues. Only 1 time when we went inside a money exchange inside the Maxi Pali, did they request an ID. Not sure why.
Disagreed, you do not need a nicaraguan ID to exchange dollars to cordobas.
Sorry... just want to clarify... you shouldn't even purchase a property with a realtor and trusted lawyer?
Using "shouldn't EVEN" doesn't sound right. A trusted lawyer, obviously, you must have. But the absolute #1 "never do" and "this is how you lose everything" and the top source of "getting gringo priced" is using a real estate agent (buyer's agent) to look for property in Nicaragua. There is absolutely nothing more risky, advised against or likely to get you gringo priced than that. Like I often say... if you think something sounds like an exception to the rule, that makes it most likely to be the source of the rule to begin with. I have no less than twenty videos that dig into straight advice (never even speak to a buyer's agent in this country) to detailing how many scams are perpetrated to covering why even in the US real estate agents don't make sense and are an inherent conflict of interest.
There's nothing you should be more quick to avoid. And if you really think about how it works, nothing should make you want to have a real estate agent as a home buyer. In no market do they truly represent you (Keller Williams, Century 21 and others just lost a massive fraud lawsuit in Missouri over this that has exposed the lack of ethics as an industry and anyone willing to work in the Realtor system.)
So think of it as "EVEN if you fall for other gringo pricing scenarios, specifically protect yourself from the biggest risks by not engaging with real estate agents." That is the specific example we always use of how people are most exposed to being gringo priced at best, full on scammed at worst (and we've seen it get BAD... even fulling stolen life savings are the common stories.)
Thank you for the detailed reply. I guess I got so used to watching Paul's videos that I assumed it was still the norm there. Glad I found all your videos now advising me otherwise :)
@@Juliette1969Paul was a real estate agent so he’d obviously push people to use an agent when buying property. Using an agent as a buyer is akin to burning money. They offer no value as they are glorified property finders and their goal is usually to get you to pay as much as possible to maximize their commission. It’s easy to find available properties on your own in Nica. We saved 10k by not using an agent
@juliette1969 it was never the norm here. Paul's job was literally to make doing something logically bad seem okay to do. His real job isn't selling real estate, it's selling the concept of agent services for real estate. A good sales man makes what they are selling seem good. He was good at his job. That's how effective gringo pricing works. the gringos will actually defend it!
I saved easily $200K between two nearly identical deals because we removed the agent from the process!
Do you consider Gringo pricing to be racist?