Nicaragua

Located in the heart of Central America, Nicaragua is an exceptional country with its spectacular lakes, towering volcanoes, friendly people and legendary towns filled with cultural richness. The country beckons foreign investors to come and see all it has to offer.

Nicaragua has passed a number of laws and incentives to attract foreign investment and it has worked. The GDP growth in 2004 surpassed expectations at 5.2%. This was higher than Costa Rica, Brazil, or Mexico. These laws are many and varied, ranging from total tax exoneration for tourism related business (Law 306), free-trade zones for manufacturing companies, to retirement benefits for foreigners.

Today Nicaragua has become the "in" place for people retiring overseas. The hottest destinations seem to be cities like Granada, Leon City and Managua, a 1998 U.S. News and World Report article touted Nicaragua as a hot new retirement destination, with Central America's lowest crime rate.

The country is not just for retirees, but for those people wanting to retire from their present situations, including burnt-out baby boomers, those tired of dead-end jobs or the rat race. Nicaragua seems fits the bill for people of all ages looking for a an alternative way of life in an exotic land outside of Europe and North America.

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