Places to retire!........ and Invest?

Places to Retire and Live- Part 3 of 5

Nicaragua

When winding down from the normal U.S. lifestyle, remember you cannot take it with you but you can spend what you have better and receive more of a fulfilment, depending on your choices……Nicaragua is not for everyone but does boast options and that’s what we are all about says Marc Visconti, President of Visconti Industries Incorporated in New York.

 

Monthly expenses in Nicaragua average $1,200 to $1,500 a month. That includes a one-bedroom furnished apartment, food, electricity, water, Internet, and going-out money. Having a vehicle will add some extra expenses, but in Nicaragua's main cities, public transportation is cheap and constantly available.

Food is inexpensive, and taxes are affordable. Examples of real estate taxes include $141 a year for a $132,000 house, on almost an acre of land with an ocean view. Unlike the U.S., Nicaragua does not tax income earned abroad

"There is no comparison in the cost of living between the U.S. and Nicaragua," reports Bonnie Hayman, who moved from San Diego to the beach town of San Juan del Sur nine years ago. 

"Here, you can have a higher quality of life, no financial worries, a better house, more fun, and less stress for a fraction of the cost of back home. Nicaragua literally saved my financial life," she says.

If you are looking to add a little business in as well, there are other optional sidelines to travel. Bringing your experience and talents into such a diverse place will inevitably enhance any career  that may want that Little Extra while soaking up the Sun and Food…..!