Are you looking for a way to sidestep the financial crisis? Escape the consequences of the trillion dollar bailout? You can't have missed the headlines over the past few weeks "Citigroup to slash 52,000 jobs." "Recession is going to be long and
painful." "US shares fall to five year low." "US mortgage meltdown."

 

Things are turbulent out there, and the question on everyone's lips is "How will this affect me?"

Well, one thing is clear, change is coming!

 

The bickering over what the government should be doing to bolster economic performance - jump in and take action to save the troubled institutions, or step aside and let the market sort it out - will continue for a while. We're more interested in the private debate going on inside people's heads. "How can I maintain or even improve my standard of living?" "Where can I put my money where I get a good return?" "Where can I start a business that will keep my earnings up?" "How can I live the lifestyle I was planning in my retirement?" "Do I have to give up on my dream of an ocean-side retirement home?"

Are you on the offense or the defense?

A few weeks ago, a couple from New England arrived on a visit to Montecristo in Nicarragua. Their retirement assets are shrinking and they can no longer afford to relocate to Florida as planned. But they don't want to give up on their dream of an ocean-side, golf-front retirement home. So they are out looking for an alternative, and thinking about repositioning their assets and expanding their horizons beyond US shores. We showed them a range of beach front, ocean view and golf opportunities at prices far below what you can find elsewhere in Central America, in a country where you can enjoy a cost of living up to 70% less than in the U.S. 

 

More and more people are discovering that moving or retiring abroad makes great sense, not just from an economic point of view (cost of living is generally lower), but also for a better quality of life. While traditionally most people moving abroad have been retirees, communications now enable younger individuals and families to move anywhere. What could be better than working from a home office in a pleasant, healthy location where you can safely bring up your kids… and enjoy time with them?

The Montecristo Community

Nestled in the heart of our master-plan, between the 18-hole championship golf course and the Pacific coast sands was something that caught their eye: A two-bedroom house on two floors with a magnificent ocean view and swimming pool.

Their back yard is right on the fourth fairway of an 18-hole, 7,060-yard, par-71 championship golf course designed by Mike Young and, around the corner, a golf club house and restaurant, beach club, fitness center, health spa and equestrian center.

The home is set against a backdrop of rolling hills that glow at sunset and framed by dramatic rocky outcrops. They loved the setting - asily the same caliber of sand and coast as you can get farther north in California, but for a fraction of the cost.

So how much is that house? At $209,500 the couple from New England didn't have to give up on their dream of an ocean side retirement home - with championship golf, equestrian center, spa and gym facilities, medical center, clubhouses and a surf break within walking distance.

They will soon be living in one of the most beautiful spots on the planet. But they're not going to be worried about stretching their retirement dollars. IMF Purchasing Power Parity figures show that your dollar goes further in Nicaragua than in any Central American country. They'll be able keep their monthly expense to under $950. This includes food, private help, transportation, utilities, Cable TV, broadband Internet and entertainment.

With special offers, promotions and discounts being offered across the world, it's more important than ever to focus on quality and stability. We're not relying on 'financing' to build out the Montecristo community. There's no vulnerability here from tightening lines of credit.

Our mantra here is "no debt." Just next door to the couple from New England’s house, and still part of Montecristo is a neighborhood called "Cumbres" - already 90% sold out - with million dollar homes currently under construction.

Read the rest of this article here (external link)

Return to Offshore World Nicaragua index