Basics of Investing

Archive for March, 2008

Question: safety and investment in latin america?

i am very interested in investing in real estate in central america and have already purchased in panama. i really have been interested in nicuragua and guatamala though. i have heard that nicuragua, my first choice, is not safe. any thoughts on investment opportunities and safety?

Answer: Nicaragua is safe, the safest country in Central America. Don’t let people tell you it is not, do your own research. Nicaragua has the 2nd lowest homicide rate in Central America (after Costa Rica) but it has the lowest overall crime rate. Guatemala is also beautiful and has a good real estate to invest in, however, it seems you are worried about safety. In reality Guatemala is considered the most dangerous country in Central America. It has the 2nd highest homicide rate and highest crime rate in Central America.

Investing in Nicaragua Involves Very Few Restrictions. A foreign investment law ensures you can repatriate 100% of your profits and, after three years, the initial investment as well. (Even if you don’t ‘register’ your investment, banks will freely repatriate profits.) You’ll find no legal grounds for discrimination against you when you invest. The law allows for 100% foreign ownership in every economic sector. And there are no restrictive visa or work-permit requirements to inhibit investment.

This Sandinista “communist” government overthrew a Dictator who ruled my country for 3 generations, he was backed by the U.S. Don’t listen to people who don’t live here and know nothing of the situation and every day life.

Central America Beach Real Estate Investment, Condos & Homes, Golf & Surf, ECI Development