Unlike other agencies or developers, we won’t sugarcoat recent developments in Nicaragua — see for yourself . Serenity will continue to market to investors, other affluent buyers, future retirees and others with a 5-year to 10-year time horizon who can tolerate the country’s currently elevated political risk and the possibility of investment losses. It’s our hope that the situation in Nicaragua will one day improve and that the country’s potential will be realized.
We’re proud to announce a new member of the Serenity family, Serenity Business Services: a provider of design, desktop publishing and business research, writing & editing solutions for small and medium-sized businesses across the U.S., Canada, Europe and Latin America.
The Serenity Group has never been about just real estate. From Day 1, it’s been about helping people get closer to finding their own definition of Serenity in a world gone mad, as you can see from our blog. Our goal is to give more people more options in finding new and fulfilling lifestyles and becoming more independent. We’re about providing “one stop” solutions to make it easier to find and settle in a new life abroad, start a new small business or both.
We’ve moved… to an elegant new blog home. Same content, only prettier. We’ll continue to keep you updated on real estate and other developments across Nicaragua, Central America and beyond.
Nicaragua's tourism minister is going all out to attract U.S. retirees with an offer many may find hard to refuse. He's headed for a major AARP convention:
Check out our last few posts. We've been reporting for some time that something is clearly going on at the upper echelons of the government. The worldwide slump is encouraging Nicaragua to make itself a bigger draw to tourists and retirees.
We'll be watching closely for more developments on this front — and they're sure to come.
Nicaragua already boasts some of the best retirement and investor incentives in Central America. The global economic crisis is encouraging it to get even more generous.
The government recently passed a law making beachfront property ownership much more secure. Now comes word that Nicaragua's tourism agency has updated residency laws to make it even easier for foreigners to retire and establish residency here:
• The tax exemption will be increased to $25,000.00 for cars (from $10,000), and the
car can be changed every 4 years (instead of 5
• The tax exemption increases to $ 20,000 for household
goods (from $10,000).
• The age to apply will be 45, but if the applicant proves stable income there's no minimum.
• The law will be clear in order to accept the Naturalization
Certificate instead of the Birth Certificate, i.e.: an American citizen
who was born in Hong Kong or any other country will be able to submit
his/her Naturalization Certificate.
• There will be an exemption from sales taxes on car rentals and home construction materials up to the first $50,000.
Nicaragua has passed a new coastal law that brings a new level of clarity, security and stability to owning real estate here that will delight many beachfront property owners — and those who'd like to be beachfront property owners. Click this link for more details on how serenity has been brought to the Nicaraguan beachfront property market. Even more details here, including the "nitty-gritty," from development guru Raul Calvet and reaction from key players. This is very good news for Nicaragua and those interested in investing here. It reinforces a basic point we've made before: Nicaragua has every interest in promoting investment here and promoting itself as a destination for foreign investment.
USA Today reports yet another recession survival story about Americans coping with the severe economic slump.
But you don't have to become a hermit, or live like the Unabomber, to dramatically cut your living costs. You don't have to downsize your life to downsize your budget.
When buying their own house (or plantation) in Nicaragua, most couples here find they can live a comfortable middle-class life here for around $18,000 to $24,000 a year (including maid service and weekly trips to the movies, high-quality health care, restaurants and the mall). With a budget of $36,000 a year — that's a modest Social Security check — you're living in luxury (including live-in maid service).
Or you can choose to live without those things and live as simply as the Wojtowicz family and save even more — a lot more. And it's a lot easier to grow crop down here than in Michigan…
It's well past time to Discover Serenity.