Nicaraguan Councils Stir Fear of Dictatorship

“To pave a street, you have to talk to the C.P.C.”

MANAGUA, Nicaragua - The government billboards and graffiti in this sultry city tell a visitor a lot about the ideological battle racking Nicaragua. via HendersonvilleNews.com

[Martee]

For those in the know what do you think this news is going to do to the emergin US retirement market in Nic? Would love to hear some thought on this as I have been investigating buying property for the last 6 months.

[Donna]

We have bought property here six years ago and are still investing now. I think there are a lot of people that are preparing to leave but there are many more who are waiting to see what developes. There is still hope.

[Born in Nicaragua]

As a native from Nicaragua I started investing in Nicaragua since 1990 hoping for the system to change, I have since stopped because of the corrupt legal system, your property can be stolen from you and there is no recourse to recover it, you can be drown in a never ending legal battle in get lost and frustrated with their corrupt government (Judges). I would not advice anybody to buy property there, unless you you are ready to loos your money sooner or later