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E Z

Is it safe for a US citizen to invest in property in Nicaragua?

I was looking at buying a small island in Costa Rica but
someone suggested I could get a better deal in Nicaragua
Do I have much risk that the government would take the
property at some point and is there much risk of crime

    



Show all answers


comepollo
What a bunch of terrible answers. Nicaragua is a democratic country. As such, the right to private property is protected by its laws and constitution. Now, I wouldn't go as far as saying that the risk is non-existent, but it is very low.

Regarding crime... this risk is present anywhere in the world.


JCarcabelos
Actually, Nicaragua is the safest country in Central America in terms of low criminal activity.
And regarding the opportunity to invest in real state, it's absolutely safe to but property. However -just like in any other country you're not familiar with- you should get a good lawyer to take care of reviewing any papers and the public records before buying.
Nicaragua is currently attracting American and Canadian citizens looking for great investment opportunities in the real state area. There's an official institution from the Nicaraguan Government that may advise you on this subject (see link below).


appalachianlimbo
No, but I hear the real estate market in Zimbabwe is on fire!


Clown Knows
Nicaragua is a country run by criminal cartels. You want to give money to someone who may conveniently not remember you purchased the land?


shoe s
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you never know



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