Why Do 6,000 US Citizens Choose to Live in Nicaragua? The Pros, Cons, and Cost of Living.
Вставка
- Опубліковано 5 лют 2024
- Discover the pros and cons of living and retiring in Nicaragua. We explore the low cost of living, real estate opportunities, tax advantages, and diverse leisure activities that make it an attractive destination.
From the colonial charm of cities like León, Granada, and Matagalpa, to the practical considerations of healthcare, safety, and infrastructure, we cover aspects that you need to know.
This video is based on this article:
expatriateconsultancy.com/ret...
Win for free the Ebook "Moving Abroad: What I Wish I Knew Before Sitting on a Plane" by subscribing to our list here: bit.ly/win-ebook
Subscribe to The Expat, we upload new episodes every week!
RESOURCES & LINKS:
Check our twitter: / an_expatriate
Books about living abroad: www.amazon.com/Levi-Borba/e/B...
Some of the links in this article may be affiliate links, meaning that the author will have a commission for any transaction.
🔴 ** ABOUT THE CHANNEL ** From ten years living as an expatriate in the Middle East, South America, and Eastern Europe, to the best advice we wish we had before boarding. All that in two straightforward, no-nonsense guides for every expat.
💡 TOPICS IN THIS VIDEO 💡
Expats in Nicaragua, Nicaragua, life in Nicaragua, is Nicaragua dangerous, Retire in Nicaragua, Tip Top chicken, move to Nicaragua, what's Nicaragua like, the journey we travel, travel tips, Nicaragua expat community, expat, Costa Rica vs Nicaragua, quality of life, Nicaragua vs USA, cost of living San Juan del Sur, best places to visit live and retire, maduro, Nicaragua retirement, expat life, Central America, retirement abroad, Managua, Nicaragua travel guide, moving to Nicaragua, San Juan del Sur, living in Nicaragua as an American, gallo pinto, places to visit in Nicaragua, best places to retire, travel Nicaragua, early retirement, cost of living in Nicaragua, expats, seeking information on living abroad, Nicaragua lifestyle, cheap, Nicaragua cost of living, Managua Nicaragua, Nicaragua living, Central America retirement, Nicaraguan food, visit Nicaragua, is Nicaragua expensive, prices in Nicaragua, cost of living, Nicaragua travel, retirement options, is Nicaragua safe, living in Nicaragua, San Juan del Sur Nicaragua cost of living, San Juan del Sur Nicaragua, USA moving to Nicaragua, retiring to Nicaragua, retirement planning, living in nicaragua, living in nicaragua as an expat, cost of living in nicaragua, living in granada nicaragua, living in leon nicaragua, living cheap in Nicaragua
#nicaragua #retirement #travel
🔎 EXCERPT
Today you will discover an unexpected destination visited by over 60 thousand Americans every year, and 10% of this number decided to stay there permanently!
Stick around as we reveal the pros, cons, and costs of this almost hidden gem for expats: Nicaragua!
Let's start with the pros.
1st - The Cost of Living
The affordability of Nicaragua is particularly enticing for retirees on fixed incomes. The cost of living is nearly 50% lower than in the U.S., with rental prices averaging 84% less.
You hear it right: 84% less. This is especially appealing for U.S. citizens looking to make their money stretch further and enjoy retirement in a beach property with jaw-dropping views.
In the final part of this video, we will talk more about the extremely low cost of living in Nicaragua, and prepare to be surprised.
2nd pro: Property Investment
Nicaragua might be one of the easiest places in Central America to buy real estate. For starters, you don’t need to be a citizen to buy property, Real estate is very affordable, and there is an increase in spending on infrastructure and growth within the tourism sector. All that together makes investing in property a worthy business venture.
3rd pro: Out-of-country earnings are not taxed
If you live in Nicaragua and get money from outside the country (for example: your pension fund) and put this money in your Nicaraguan bank account, you don’t have to pay income tax on it.
Yes, you read it right. Your income from abroad is tax-free if you receive the payment in your personal account.
4th pro: Variety of Things To Do
Nicaragua has a huge range of things to do, there is something for every lifestyle.
The amount of private medical insurance is exaggerated, I call the Embassy of Nicaragua because I am planning to retire there,. The Embassy told me it will cost me $49.00 dollars a month & I can go to the best Hospitals with that insurance such as the Military Hospital. I will advise anyone who wants to retire in Nicaragua to call the Nicaraguan Embassy of their country.
You call 49 a month exaggerated?, where do you live? I think it is very cheap and you can go to the best hospital?
@@maribelcalens6514 I was talking about other places not Nicaragua, in Nicaragua $49.00 is excellent
Is this a vid by someone that's never even been there?
What website are you looking at the house on 7:38? My wife and I are moving to Nicaragua this year and would like to start looking at houses. Thanks for the video!
Hello! This one here: nicaragua-realestate.com/properties-for-rent/
What is the native language of the narrator of these videos?
Portuguese/Spanish
Promo SM
This guy sounds like a dag gum furriner lol 🤣
Well, the name of the channel is literally "The Expat" :)
"foriners"... i give up
Good 👍
😂😂😂😂
wonderful country if you can handel the poverty, pollution, and polatics, be very careful where you go
That is a valid point indeed.
It sounds like you're talking about the United States!!😂😂😂😂
You are completely wrong. Poverty is everywhere. Nicaragua is one of the Country with less pollution in the hemisphere. Nicaragua is one of the safest Ciuntry of Latinoamérica, including USA. Politics? Please tell me which country does not have any political problems? In Nicaragua, as a foreigner, if you don't get into politics, you are perfectly fine, and no one gets into your business or life. If you don't know about something, don't say anything.
Mean Nicaragua is not comunist
That is up for discussion, but I would say it is not. It is not a full market economy either.
Not mean either
Of course not!! Didn't you hear? Communism ended 40 + years ago!!
These days, what we need to fear, is neoliberalism!
NO, it is not.
4:09 to 4:14 - not a scene from Nicaragua! Looks like some Asian country!
IT is beautiful Nicaragua.