Posts tagged Countries In Central America
Costa Rica Land Investment – The Best Profit Potential in Central America?
Sep 16th
If you are looking to double or triple your money in land investment quickly then there are several countries in Central America to choose from.
So is Costa Rica land investment still the best deal or are there better investments to be had?
Let’s look at Costa Rica land investment and see if it holds up against the competition.
Do you want to be a pioneer?
When investing you need to decide if you want to be a pioneer and be in first.
Keep in mind many pioneers got rich and made a killing but many got more than their fare share of arrows!
Costa Rica land investment does not offer the cheap prices of 10 years ago, but in land investment you need to decide whether you want good solid gains in an established market, or you want to take a chance on a market growing.
Costa Rica land investment has seen average gains of 30% per year for 10 years and many investors in the right location have doubled or tripled their investments quickly and continue to do so.
When you look at emerging states such as Honduras or Nicaragua you have to look at the risks.
They are both cheaper, but will Honduras take off and get the same influx of people as Costa Rica?
Its infrastructure is not as good and unless more people come then it won’t improve.
In Nicaragua it’s cheap to, but what about the Sandinistas?
They still have real chance of making government and they don’t like foreigners and like state ownership!
So, what are the consequences if they get in? Do you want to take the risk?
You can be a pioneer if you wish, but you don’t have to be to make great gains.
You can still make great gains in Costa Rica land investment with less risk.
It simply depends on your point of view and personality.
You can get cheap property in many places:
Haiti may have more upside than downside!
But think carefully about why property is cheap and whether it will go into an established upward trend.
Just because a market is a bit more expensive does not mean you won’t make gains if the trend is up in prices. In Costa Rica land investment they are and look set to continue for many years – You get value and great potential and that’s what most investors want.
Living costs & Infrastructure
Living costs in Costa Rica are a bit more expensive than other Central American countries but again you get what you pay for.
Costa Rica is comparatively rich and this is reflected in roads amenities and healthcare.
Sure, you can go to a country like Nicaragua and be surrounded by street kids see people starving and be jailed for years for being gay and put up with corrupt police force but would you really want to buy in a country like that?
Costa Rica land investment puts you in a country with a good standard of living, a stable democratic government, which has track record of attracting foreign investment and is continuing to attract record levels and has a long established liberal and forward thinking government.
Costa Rica land investment
Remains a good investment with the potential for great gains in a proven market that has a track record that looks set to continue.
Costa Rica
Unlike many other Central American countries Costa Rica has a large expat community, with many of the shops and comforts and ammenities of home already in place and lots of developments being added all the time.
How to get gains
It doesn’t matter where you invest the key is location.
Much of Costa Rica is over priced, but there are plenty of areas that offer stunning growth potential where new developments are being built.
As the number of Americans and other foreign nationals continues to increase new developments take place and if you buy in these new hot spots, your Costa Rica land investment will soar in value.
There are new kids on the block but Costa Rica is stable, has good infrastructure, is comparatively rich compared to its neighbours, is a mature proven market and buying in the right location means stunning gains can be made with relatively low risk on your Costa Rica land investment.
Costa Rica has been at the top for 10 years and has competition but taking into account all the facts Costa Rica land investment still looks a fantastic way to make stunning gains.
Retirement in Nicaragua – Safe, Cheap and Full of Incentives
Feb 8th
Nicaragua is one of the cheapest countries in Central America for retirement – and it’s fast becoming one of the most pleasant.
Nicaragua is virtually unknown to most people and usually misunderstood, which is why forward-thinking investors can find some of the best real-estate deals on Earth in this country. For the record, Nicaragua is not in the midst of a civil war, and it’s not a communist state.
The country has, however, suffered from a serious case of bad press, that’s all.
Nicaragua is one of the most beautiful countries in all the Americas. It boasts a dramatic Pacific coastline; long, gentle Caribbean beaches, volcanoes and freshwater lakes dot the hilly inland. Colonial cities like Granada and León offer visitors a taste of days gone by, while Managua, the capital, is rapidly becoming a real first-world city.
The country’s most famous beach destination, Barceló Playa Montelimar, is an all-inclusive resort with four restaurants, an airstrip and miles of secluded beaches.
Farther south is the popular town of San Juan del Sur, where cruise ships dock regularly. The town is quickly becoming a hot spot for North American expatriates and is one of my favorite destinations.
Masaya is home to Nicaragua’s best craft market, offering just about anything that’s hand-crafted in the country – ceramics, leather goods, iron work, hammocks, jewelry, rocking chairs, masks, clothing and many others.
There are five active volcanoes at nearby Masaya Volcano National Park offering the best volcano viewing in Central and North America. It’s the only place in the region where you can see hot magma rising from the depths of the Earth – and you can drive right to the top.
Lake Nicaragua, the 10th-largest freshwater lake in the world, is famous for its freshwater sharks, the only ones in the world. The lake has great sport-fishing and, with 350 “isletas,” there’s lots of island hopping going on.
The islands of Lake Nicaragua were created hundreds of years ago when the volcano Mombacho exploded. Today, you can explore this extinct volcano along trails in the cloud forest.
You’ll see more varieties of orchids than just about anywhere else in the world and all kinds of wildlife, including 170 counted species of birds and blue morpho butterflies. You can also take a canopy tour, shooting from treetop to treetop on harnessed zip-lines.
Safe and Stunning
Nicaragua is a nation at peace. Its government is democratically elected, committed to a free-market economy and eager to attract foreign investors. A recent study by the Inter-American Institute on Human Rights and a survey of police forces in the Americas show that Nicaragua is one of the the safest countries in Central America after Costa Rica and one of the safest countries in the world.
In September 1999, Nicaragua enacted the most attractive – and most aggressive – tourism-incentive law in Latin America. If you’ve ever toyed with the idea of owning your own B&B, running a sailboat charter, leading adventure treks into the jungle, dishing up meals in your own restaurant or operating any kind of tourism-related business, Nicaragua is the place to do it.
Law 306 is sweeping in scope and offers hard-to-beat benefits for investors who take advantage of the program. If your business qualifies, you pay no income- or real-estate taxes for up to 10 years. You can bring in (or buy locally) all the supplies you need — from furniture and boats to linens and cash registers — tax- and duty-free.
Incentives for Foreign Retirees
If you’re simply in the market for a place to relax and spend a few months a year in a quiet, safe, affordable retreat, again, Nicaragua is hard to beat. The country’s retiree incentive program is much like Costa Rica’s was in the 1980s, attracting thousands of expatriates. To be eligible, you need only be over 45 and have a monthly income of at least $400.
The benefits come mostly in the form of tax incentives. As a foreign retiree, you:
- Pay no taxes on any out-of-country earnings.
- Can bring into Nicaragua up to $10,000 of household goods for your own home, duty-free.
- Can import one automobile for personal or general use duty- and tariff-free, and sell it after five years, tax-free.
- Can import an additional vehicle every five years under the same duty exemptions.
The cost of living in Nicaragua is a fraction what you’re used to paying up north. Sources on the ground say a two-week supply of pork and beef costs about $65. For enough fresh vegetables to feed four or five people daily for a week, expect to pay about $55. A 30-minute consultation with a U.S.-trained physician will cost you about $35. You can hire a maid who will cook, clean and do your laundry for less than $120 a month; and you’ll spend just $25 on a wonderful restaurant meal of local delicacies, including with wine and dessert.
