Demographics and Your Stock Portfolio
Conventional financial planning usually recommends a portfolio divided between stocks and bonds, with the percentage invested in stocks decreased and the percentage in bonds increased as a person ages.
However, with little to no income coming from bonds, will investors be tempted to increase the percentage allocated to stocks in order to seek higher returns? The most likely answer is yes, which is troubling when looked at from a macro-economic perspective.
Supply and demand are two of the most basic principles taught in economics. The stock market offers one of the clearest windows into this principle. The shifting forces and sentiments of buyers and sellers determine everyday markets. Prices rise on days when there are more who want to buy than sell and prices fall on days when there are more who want to sell than buy. Yet somehow, few people stop to question how this basic principle will affect their stock portfolios in the coming years.
Conventional financial planning generally assumes dividend-yielding stocks with compound interest will appreciate in value over time. Numerous respected sources tout the advantages of buy and hold as a means to long term prosperity. However, when supply and demand is entered into the equation, especially as it relates to baby boomers, the theory begins to break down.
The baby boomer demographic is extremely large, with more people owning stocks than any other group in history. When these 78 million people begin to actively sell stocks instead of buying them, it will transform the investment markets. It will dramatically affect the returns that people of all ages get from their investments, not just the baby boomers. This directly and substantially impacts all investors.
Starting on January 1st, 2011 the Baby Boomers began to hit retirement age. Every day more than 10,000 Baby Boomers will reach the age of 65. This trend will continue for the next 20 years.
Baby boomers have more money in retirement accounts than any other generation. Tax advantaged savings plans such as IRA’s and 401 (k)s actively encourage the purchase of stocks and discourage (by way of penalty) the selling of stocks before a certain age. These plans serve to encourage the regular monthly and annual accumulation of stocks—but not their sale.
In addition, tax laws often mandate that profits, dividends and interest earned on these investments not be taken out before retirement age but instead re-invested into the market. Even employees who did not invest in the market directly often had private and government pension plans that were invested in the markets on their behalf. Once again, the earnings on these pension investments were entirely re-invested into the market. These factors and stipulations serve to push more and more cash into the markets year after year.
However, knowing that demographic trends are unavoidable, a series of question must be asked:
What happens when the cycle reverses itself?
What happens when people not only remove their money but also are no longer part of the continuous and automatic re-investment cycle?
What happens when tens of millions of private citizens and their private and public pension funds simultaneously sell their holdings?
And what happens when the tax laws reverse and force selling instead of buying as baby boomers reach their 70’s and 80’s?
What happens when the massive sales pressure does not let up but instead continues for months and then years and then two decades?
What happens to prices when instead of cash upon cash being invested and re-invested into the markets it’s cash upon cash pulled from the financial markets?
Recently analysts from the San Francisco Federal Reserve Bank stated that stocks were likely to earn sub-par returns over the next 10 years. The reason cited was simple demographics.
The San Francisco Federal Reserve Bank projected that P/E ratios will likely be cut in half. Investors are unlikely to see their stocks return to 2010 levels, the report states, until at least 2027.
Outdated Financial Paradigms
Considering the monumental demographic challenges facing the stock market, why do financial authorities still recommend stocks as the best way to grow wealth? Why are the same people able to largely dominate the flow of information to investors?
Even more important, why are international strategies with much higher yields so often overlooked? Why are limiting choices most frequently put forth?
To examine these factors and more, download our FREE Report on: How to Make and Keep a Fortune in International Real Estate
This comprehensive report will introduce you to alternative investment strategies, the Genuine Value of Real Estate in Central America and will cover the following topics:
1. How you Can Reclaim your Dream
2. How The Actions of The Federal Reserve Impact Your Investments
3. Demographics and Your Stock Portfolio
4. Outdated Financial Paradigms
5. Paper Projections vs Real Wealth
6. A Short Window of Opportunity
7. Real Estate Location and Timing
8. Nicaragua, The Perfect Combination
9. Nicaragua's Time Has Come
10. The Dream is Obtainable
11. A Project Unlike Any Other
Nicaragua—a country that has had a robust democracy for over 20 years—has recently been the subject of media reports touting alarmist messages. The idea of Nicaragua becoming a communist state has always gained widespread coverage in the media due to its incendiary nature.
The bottom line is that bad news sells and Nicaragua has frequently been the scapegoat of this unfortunate phenomenon. With Nicaragua’s challenging history, it can be easy to frighten readers in order to sell newspapers. Good news does not sell in the same way so the positive news from Nicaragua often does not make the headlines.
The fact of the matter is that Daniel Ortega has been in power for five years and the calamities that were forecast in the media have not come to pass. Land and private property has not been seized or expropriated. There has not been a violent political breakdown. Foreign investment continues to grow. Democracy is alive and well in Nicaragua.
Democracy in Nicaragua can be messy at times, but such is the nature of the democratic process itself, irrespective of the country. In a democracy the people have a strong voice and people do not always agree with one another. The important thing is that the expression of differing opinions is allowed and a healthy interchange of ideas is the result.
Far from being a communist state, Nicaragua has a stable, multi-party democracy and has had free and democratic elections since 1989. Nicaragua is now counted as one of the safest and most rapidly growing countries in Latin America. As you have been reading lately, Nicaragua is also one of the most investment friendly countries in all of Latin America.
How Real Communist Countries Are Doing On The World Stage
For the sake of argument, consider Cuba and China for a moment. Unlike Nicaragua, Cuba and China are undoubtedly communist countries. So how are these communist countries fairing on the world stage?
Cuba, which is a dictatorship as well as a communist state, continues to have a record number of tourists arriving into the country. The demand is so robust that hotel chains are scrambling to build new resorts to meet that demand.
China is a communist state with a record of human rights abuse. Amnesty International and Human Rights Watch have documented myriad abuses of human rights in violation of internationally recognized norms. In addition, government control in China reaches into nearly every aspect of the public and private sector. The Internet is patrolled and material the government disapproves of is blocked from the public. Despite all this, countries are eager to do business with China. In fact, countries from all over the world are lining up at China’s door.
Nicaragua on the other hand, is not a communist state and does not have a record of governmental control or crackdown on the private sector. However, Nicaragua has been tarnished with a brush that oddly enough has had little impact on the world’s desire to do business with other countries that actually fit the description.
The realities of doing business in Nicaragua are quite different than the perception that is put forth by the media. Nicaragua has strong forward momentum in the world of business simply because the political reality on the ground is decidedly pro-business.
The bottom line is that political grandstanding and negative reports sell newspapers. Those who are afraid to do business in Nicaragua due to alarmist media reports and words such as “communism” being thrown around when not appropriate, do themselves a grave disservice.
To truly understand the beauty of Nicaragua, you have to experience it for yourself. We’ll show you just how amazing life in Nicaragua can be.
How would you like to be a part of something that is forging new ground in Nicaragua?
What you probably don't know is that prior to 1979 Nicaragua was more affluent than Costa Rica. With time, we believe it can be so once again. The things that made Costa Rica one of the world’s top Eco-Tourist destinations apply to an even greater extent in Nicaragua. Nicaragua offers a wider variety of biodiversity and protected land areas than Costa Rica. Nicaragua is home to 76 protected areas covering over 20% of its landmass. Nicaragua is also home to 7% of the world’s biodiversity, which is more than Costa Rica. In addition, Nicaragua is larger than Costa Rica and closer to the United States and Canada.
So how do we begin to position Nicaragua to rival Costa Rica as a world-class destination? The first step is to bring the kinds of innovative projects to Nicaragua that tourists and investors desire. Grupo Mariana is intent on doing just that. By introducing groundbreaking developments that raise the bar in Nicaragua, this exquisite country can become a place that attracts visitors from around the globe.
Not only can you help us with this large-scale endeavor, you can make excellent money doing so. Grupo Mariana will be selling over 1 Billion dollars in real estate in the next twenty years. An astonishing 100 Million dollars will be paid in referral fees. We would like some of that money to go to you! Go here to learn more about Grupo Mariana and how you can earn great money with us. You will also find out about how you can help the people of Nicaragua at the same time.
This is your opportunity to begin a process that can bring you reward and fulfillment.
Join Us For A Very Special Information Session
You are invited to join us for the next Discovery Event for an information packed 5-day event to learn more about Grupo Mariana and how you can engage with us in a relationship that will be both beneficial and highly profitable. Simply click here to learn more.
Follow our progress with the Community Connector: News For Our Neighbors.
ABOUT GRUPO MARIANA S.A.
Grupo Mariana’s companies are involved in the development and sale of Nicaraguan real estate, the creation and management of authentic Nicaraguan hospitality experiences and the export and promotion of Nicaraguan products.
The foundation of our business is to promote Nicaragua’s rich natural assets to the rest of the world, while consistently reinvesting profits directly into the growth and sustainability of the country’s future. Person by person. Community by community. All businesses, initiatives and brand segments under the Grupo Mariana name originate from and give back to the country of Nicaragua by reinvesting in the strengthening and overall economic growth of Nicaraguan communities.
At Grupo Mariana, this is accomplished through a dedication to philanthropic giving. Grupo Mariana has created a program called “5% for Futures” which promises to donate 5% of all sales from all Grupo Mariana businesses to a fund that is governed by their foundation, Fundación Grupo Mariana. The goal of the 5% for Futures Program is to help drive the economic growth and sustainability of the greater Mariana Region, creating an attractive area for the sustained growth of tourism activities.
To learn more about our oceanfront communities, go here.
Franklin Delano Roosevelt once said, “The only thing we have to fear is fear itself.” The famous axiom has no better relevance than in present day Nicaragua.
If you believed the international media, the election of Daniel Ortega should have had immediate negative consequences on the emerging development of Nicaragua. In reality however, it may turn out to be one of the more positive things that could have happened. Clearing out ghosts of the past creates new opportunity for growth. An astute investor realizes the distinction between real danger and the perception of danger. While real danger should be avoided, the perception of danger can be an investor’s best friend. The savvy investor can find great deals while others remain timid and watchful. By the time the more reticent stick their toes in the water the opportunity may have passed.
The bottom line is that sensationalism sells. If you have any doubt of this just turn on your nightly news. The deluge is virtually endless. But think of all the big scares that came to naught. How about the Y2K scare? It was widely believed that the world’s computers were not adapted to adjust for the year 2000. The new millennium was to be met with widespread computer systems failure, leading to untold global economic catastrophes. What ended up happening? Virtually nothing. And what about the infamous anthrax scare? It was headline news for months. Supposedly, vast amounts of mail could be contaminated, leading to a virtual shut down of the US Postal system. And anthrax was supposed to emerge from the air vents of the NY subway system, leading to chaos and calamity in Manhattan. In the end what did it amount to? Virtually nothing.
Despite the sensationalistic media spin on Ortega, what has really come to pass in Nicaragua since the election? Again, the answer is virtually nothing. No one has been jailed. No property has been confiscated. There has been no run on the banks. Investors have not fled the country. The real estate market remains strong. As a savvy investor, you need to determine whether Ortega is a real threat to Nicaragua or just a perceived threat. Could Nicaragua return to the war-torn era of the 1980’s? Consider these facts: the main source of funding for the Sandinistas—the U.S.S.R—no longer exists. Even Castro seems to be out of the picture. And Chavez, while extremely vocal, is more likely a purveyor of hot air rhetoric than a bona fide threat to Nicaraguan stability. The past President of Costa Rica (and Nobel Peace Prize winner) Oscar Arias stated that Ortega’s victory posed no risk to the region. More important than what’s occurring outside Nicaragua are the political maneuverings taking place inside the country. Politically speaking, Ortega has mended relations with many whom were his enemies in the 1980’s. He has forged close relationships with the Catholic Church, former conservative leaders and even former Contras. Ortega has vowed to respect private property rights, the free trade agreement with the United States (CAFTA-DR) and agreements with the International Monetary Fund (IMF).
The bottom line is that Ortega was poor in 1979, and to put it bluntly—he’s much better off now. Most of the top Sandinistas are professional business people, and many of them have a significant stake in Nicaraguan real estate. Engaging in land confiscations or extremist policies would hit them in the pocketbook – hardly in their best interests. If Nicaragua’s economy crashed they could lose everything. If particular policies could financially devastate those in power, what are the chances those policies will be implemented? It’s just common sense. Unfortunately, common sense doesn’t sell newspapers.
Another wise man once said, “Be fearful when others are greedy and greedy when others are fearful.” Who put forth these apropos words? It was none other than the “Oracle of Omaha,” Warren Edward Buffett. It’s hard to go wrong taking advice from a man who has amassed a 43 billion dollar fortune solely on his levelheaded savvy. In fact, Buffett has turned out to be so accurate that if you had invested just $10,000 in Berkshire Hathaway when Buffett took control in 1965, you would have seen your money grow to more than 50 million dollars. (In contrast, the same $10,000 invested in the S&P 500 would have grown to only half a million dollars.) Buffett is the widely believed to be the most successful investor in the world. How does this apply to Nicaragua? Quite simply, while others remain fearful of the “Ortega Factor,” it might be your chance to make a fortune in international real estate.
Come for a Visit to Nicaragua
To truly understand the beauty of this spectacular country, you have to experience it for yourself. We invite you to be our guests for five days of exploration, shopping and ocean-side fun! We’ll show you just how amazing life in Nicaragua can be. Go here to learn more about our next Discovery Event in Nicaragua.
People who have invested in Nicaraguan real estate recently have done extremely well for themselves. There’s no reason to believe this won’t continue. If the market takes a small breather now, it means more opportunity for you. You can profit while others watch and wait. Despite what you’ve heard in the media, the re-emergence of Daniel Ortega may be one of the best things that could have happened for Nicaragua. People can no longer say, “I would invest, but what if Ortega came back?” The so-called worst-case political scenario for real estate investors came to pass. And guess what? Nicaragua is continuing to thrive and prosper. The ghosts of the past have been exorcised. Nothing happened. The future for Nicaragua remains brighter than ever.
Deeply indebted nations like the United States are increasing their quest for tax dollars to cover government shortfalls. The debt crisis faced by the United States—which has been extensively reported—will have far reaching effects. Most individual citizens, even those that consider themselves to be “small fish” will not be spared. Desperate governments enact desperate measures.
A prime example of this is the jobs' bill, H.R. 2847 (also known as the HIRE Act) which became law in March 2010. Section 1474 refers to the withholding of payments to Foreign Financial Institutions that don't meet U.S. standards for information sharing. Beginning on January 1, 2013, any bank or financial institution that sends money to an institution designated as such will be required to withhold 30% of the payment and send that percentage to the Internal Revenue Service (IRS). The objective is to ensure that monies sent abroad are post-tax rather than pre-tax. This new law could impact virtually every citizen who decides to ship money overseas, regardless of the amount. Why? Because the law stipulates that the banks are held liable for their customers’ tax obligations on funds transferred overseas. The law further stipulates that the banks are held harmless if they improperly withhold the funds. In other words, banks will be on the hook for 30% of the transferred amount to cover any possible tax liability if they do not withhold but will be indemnified if they withhold when tax is not due.
Deciphering if a payment is pre-tax or post-tax is a difficult and costly thing for banks to do, so the default would be to simply withhold 30% tax on all foreign payments. Thus it could be a wide net that is cast and a growing number of people who wish to have international financial diversity could be caught in it.
It is not surprising that a growing number of individuals are looking to move assets outside the United States before this new law takes effect. In the future it could be doubly difficult to do so. Not only will Americans be faced with the prospect of large amounts of their money being withheld, they will likely find that fewer and fewer overseas financial institutions are willing to work with them.
It has been estimated by the Swiss Banking Association that compliance costs worldwide could total almost $40 billion per year. Foreign banks and financial institutions may turn away new U.S. clients and drop existing U.S. clients in order to avoid the onerous costs associated with the new legislation.
There remains just 9 months for individuals to internationalize their assets before this law takes effect. For those hoping to move a portion of their wealth overseas it’s a short window of opportunity indeed—will you be among those that seize it?
Nicaragua—The Perfect Answer
When one looks at international real estate that experienced significant appreciation in the last ten to fifteen years, what are the common denominators? Is it the safety of the country? Location? Tourist attractions? Or foreign investment?
The answer is all of the above. These are some of the most salient factors that lead to the strong real estate gains found in countries such as Costa Rica, Mexico, Panama and Belize. What is notable is that the factors that lead to success in Costa Rica, Mexico, Panama and Belize exist in Nicaragua as well—very often to a greater extent.
According to Interpol, Nicaragua has the lowest crime rate in Central America, which runs contrary to popular perception. The Harvard affiliated research group INCAE rated Nicaragua as the safest country in Central America as well. In addition, the Inter-American Institute on Human Rights stated that Nicaragua is the safest country in Central America, with a crime rate lower than Germany, France or the United States.
In regards to location and ease of access, Nicaragua is about a two hour flight from Miami, about three hours from Houston and less than six hours from Los Angeles. Nicaragua lies closer to the United States and closer to Canada than Costa Rica or Panama.
But what really brings people back to Nicaragua time and time again is the sheer natural beauty. When one thinks of Nicaragua, the term “tourist attraction” does not usually come to mind; Nicaragua is more of a diamond in the rough. What people do find when they come to Nicaragua is pristine natural attractions which are breathtaking and simply unsurpassed.
Nicaragua features rain forests, large freshwater lakes, multiple islands, active and dormant volcanoes, volcanoes located on islands, ancient colonial cities and stunning beaches. Activities that visitors enjoy include local festivals, eco tours, surfing, sport fishing, diving, hiking, golf, tennis, horseback riding, and volcano surfing, to name a few.
As eco tourism grows in popularity, visitors are discovering that Nicaragua is home to seventy six protected areas covering a full twenty percent of its landmass. Nicaragua is home to seven percent of the world’s biodiversity, which is more than Costa Rica.
Visitors are surprised to find that the factors that catapulted other countries in the region to success exist in Nicaragua, but very often more so. This holds true not only for safety, location and natural beauty but also for foreign investment.
Unlike some other countries in the region, Nicaragua does not distinguish between locals and foreigners when it comes to land ownership. Law 344 specifies equal treatment of foreign and domestic investment. It eliminates restrictions on the way foreign capital can enter the country, and recognizes the foreign investor’s right to own and use property without limitation. Furthermore, foreigners have the full right to repatriate all profits and 100% international ownership is permitted.
Nicaragua as a country is on an upward trajectory. Nicaragua experienced GDP growth of 4.5% in 2010. Foreign direct investment was $507.95 million during the same time and was up 17% from the year prior. In Nicaragua, foreign direct investment as a percentage of GDP was the highest in all of Central America. Tourism is up 500% from 2001.
Moreover, the World Bank ranks Nicaragua as the #1 country in Central America to start a business. There are generous incentives offered for tourism, renewable energy, agribusiness, forestry, textiles, apparel and manufacturing and assembly. It’s no wonder that companies such as Kraft, Crown Plaza, Hilton, Holiday Inn, Citibank, WalMart, Nestle, Jack Nicklaus and Wyndham Hotels & Resorts have chosen Nicaragua.
Nicaragua truly is the land of opportunity. Investors will find the unbeatable combination of beauty, location, and timing—the beauty of the country is unsurpassed, the location is ideal and the time for Nicaragua is now.
Investors are perpetually seeking the perfect investment strategy. Can it be said that a perfect investment strategy is attainable? While the notion of perfection may be subjective, most would agree that any investment strategy that could be called perfect must address certain key issues. One must thoroughly understand the investment climate, one’s principle must be properly allocated, and one must find lesser-known investments that produce greater returns and one must implement strategies that protect the core of any investment—the principle.
When planning the perfect investment strategy, what factors should the savvy investor take into consideration? In order to properly allocate your capital and protect your investment, you much first understand the market in which you will be investing.
Forward thinking investors know that a full understanding of the market conditions in the past couple of years, namely the rapidly changing markets in 2010 and 2011, is critical information to have in order to make wise decisions about investments in 2012.
If you are finding the current investment climate daunting, focusing on prime real estate in a country poised for growth could be the solution you have been looking for. The perfect investment strategy understands the market and allocates its resources accordingly. It hedges against inflation so that one’s gains are not eaten away. It is properly diversified across myriad smart sectors and it wisely mitigates risk to avoid catastrophic loss.
Go here to download our FREE special report on how you can Reclaim Your Dream.
Trade and investment are up again.
Tourists continue to flock to the country in record numbers. And more and more publications are spreading the word about what is becoming Central America’s most exciting place—the New Nicaragua.
On the commerce front, exports from Nicaragua reached record levels through November, promising even higher numbers for the entire year. The total for January-November 2011, totaling $2.13 billion USD, surpasses the same period of 2010 by nearly 24 percent. The United States continues to be Nicaragua’s largest export destination with 29 percent of the market, followed by Venezuela with 12.1 percent, Canada with 11 percent and El Salvador with 8.6 percent. Coffee was again the country’s main export product, followed by meat, gold, dairy products, sugar cane and peanuts.
Government and central bank projections show the country’s gross domestic product (GDP) growing between 3.5 and 4 percent for the year. In addition, tourism and tourism spending are both expected to again set new records as Nicaragua proves to be a beckoning destination. And the addition of a third daily flight by American Airlines is anticipated to further boost travel in the coming year.
Big Names Doing Business in Nicaragua
The well-known logos of Nike and Adidas, two of the world’s leading sports brands, now appear on goods manufactured by American companies in Nicaragua.
According to Javier Chamorro Rubiales, executive director of PRONicaragua, the country’s exports will increase through the involvement and investment by Adidas and Nike. He also noted that “the most important benefit is the thousands of employment opportunities created for the population when one of these leading brands chooses Nicaragua to outsource their products.” Both brands continue exploring Nicaragua with the purpose of further expanding their supplier base.
Nicaragua also was the country in Central America with the highest growth in apparel exports (in volume) to the United States for the first three quarters of 2011, compared to the same period last year. According to the Office of Textiles and Apparel (OTEXA) of the U.S. Commerce Department, Nicaraguan garment exports to the United States increased 20 percent in terms of volume and 37.3 percent in terms of value.
Lonely Planet Says Nicaragua is the Place to Visit
The New Nicaragua gained yet another endorsement when Lonely Planet, one of the world’s largest publishers of travel guides, recently ranked the country as one of the top ten best value destinations for 2011. According to a recent article on the Lonely Planet website, “Nicaragua is quickly becoming one of the most popular places to escape winter. Culture, adventure, sand and surf are all part of its cachet.”
The article also points out that Nicaragua possesses places and things to do that are “nothing short of spectacular, including hammock-hanging opportunities on the mythically unspoiled Corn Islands, bar-hopping and live music in colonial cities Leon and Granada, and volcano trekking on Ometepe Island.”
Nicaragua is an “Undiscovered Paradise”
Travel journalist Ron Stern believes Nicaragua to be an undiscovered paradise. “It's not hard to see why,” he wrote in a recent article. “With an abundance of sunshine and natural beauty, there are many areas to see and explore that offer travelers an alternative to the usual high-priced destinations.”
In addition, the Montreal Gazette stresses this is the time to visit Nicaragua because “this Central American nation offers empty beaches, exotic wildlife, tropical forests and recreational activities--and prices have yet to catch up with neighboring Costa Rica.”
Good Reasons to Sign Up for Our January Discovery Tour
We don’t like to say we told you so, so we’ve let others do it for us. But if this
inspires you to come and experience the New Nicaragua, check out the details
and agenda for our next Discovery Tour, set for January 25-29. As one of the
members of the October event put it, “This was the best way for someone who’s
never been to Nicaragua to get a first taste of what the country has to offer.”
To learn more about joining is in Nicaragua, go here.
While many in the United States look toward retirement with trepidation, those familiar with Nicaragua look toward retirement with excitement.
After all, what could be more exciting than spending one’s golden years in paradise?
Those familiar with Nicaragua know that it truly is a paradise—with something special for every taste and desire. From sundrenched beaches to verdant rainforests; from active volcanoes to immense fresh water lakes; from charming colonial towns to pristine secluded islands. Nicaragua truly has it all.
And now, a new law in Nicaragua has made it even better!
On June 18, 2009 the assembly passed a new law especially for retirees. Nicaraguan law 694 creates a retirement program that is second to none in the region.
Those with retirements from a public or private institution are eligible to retire in Nicaragua with only $600 in monthly pension. Those with income from a stable source such as dividends are eligible with just $750 per month. Furthermore, the retiree’s spouse, children and parents are also eligible for just $150 per person.
Retirees are allowed to import all household goods up to $20,000 completely free of import taxes. Vehicles for personal use up to a value of $25,000 may be imported every four years completely free of import or sales tax. In addition, if the vehicle is stolen or destroyed in the four-year period the retiree can import a replacement car completely free of tax.
Retirees are also granted a one-time exemption for sales tax (IVA) on up to $50,000 worth of construction materials, perfect for building one’s house in paradise. Astonishingly, retirees are also granted a tax exemption up to $200,000 for professional or scientific items, provided they are used for the benefit of Nicaraguan society. The warmth of the Nicaraguan people is legendary. Now you can help those in your adopted home country and realize enormous tax savings as well.
Retirees are also given tax exemptions for car rentals (with a Nicaraguan driver’s license) used for tourism purposes. Better yet, this benefit extends to one’s entire family as well.
To qualify, the retiree must provide basic documents such as proof of income, birth certificate, copy of passport, passport photos, a letter of health from one’s family doctor, marriage certificate if applicable, a clean criminal record and a list of household items and the vehicle to be imported. For retirees (and aspiring retirees) seeking an unsurpassed lifestyle, these simple documents will pave the way to paradise in Nicaragua.
After all, what is the benefit of hard work if it does not improve your station in life? You deserve to live the future of your dreams. Now it’s within your reach. Those familiar with Nicaragua know that the best is yet to come.
Get to know the New Nicaragua, where you can celebrate your retirement years in style!
Forget the Cold. It’s Always Nice in Nica. The Holiday Season is Coming, and Nica is Jumping.
We’ve planned two great events to warm your body and soul during the coldest months of the year. We have the deepest love for the country of Nicaragua, and we believe this affection will be shared by anyone who comes to appreciate the passion and soul of this special place. So, we’re going to push some holiday sun and warmth your way on December 6th with a FREE informational Webinar.
During this unique program, we’ll give you insights into Nicaragua’s most intriguing spots, historic cities, natural beauty and incredible biodiversity, arts and culture, and, of course, its beautiful and unspoiled beaches--where you can relax on the sand or fish or challenge the world-class surf or just take a long walk in the warm sun. We’ll show it all to you and be on the line to personally answer any questions you might have about any aspect of life here.
Plus, those who attend the Webinar will receive a $150 discount on the January Discovery Event. Don’t know what a Discovery Event is? Keep reading.
Learn all about it on this
private educational webinar:
USE DEAL CODE "GM NICA"
Date: Tuesday, December 6, 2011
Time: 6:00 PM - 7:00 PM PST
The webinar will warm you up, but there’s nothing to compare with putting your feet on the ground in Nicaragua. Join us January 25-29 for a guided, informative VIP tour during which you’ll experience beautiful colonial towns, colorful markets, amazing natural wonders and a chance to stroll along a secluded beach on the Pacific Ocean. During your tour, you’ll visit special places in the heart of the country and on the Pacific Coast that will give you a true flavor of the country, its people and culture, and a tropical way of life.
You’ll journey to the colonial city of Granada where you’ll immediately sense the history, while a boat trip will let you explore the unique isletas on Lake Cocibolca, the largest lake in Central America. Then it’s on to the famous Mayasa Market for shopping amid a colorful array of locally produced crafts and art. And you’ll explore the community of Seaside Mariana and enjoy a chance to bask in the warmth of the sun next to the Pacific Ocean.
Along the way, you’ll have an opportunity to learn more about what it’s really like to live, work and play in Nicaragua. You’ll get details and be able to ask questions of people who truly know this place and want to welcome you as a neighbor.
