Recent Articles about Nicaragua

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Turtles, surf draw tourists to Nicaragua
By Jonathan Finer
The Washington Post - "Is that one?" my brother Ben asked our guide, a young woman from the nearby town of San Juan del Sur. What else could it be? The turtle ambled toward the palms that lined the beach, then stopped to dig its nest. As about a dozen other turtles made landfall all around us, the first one unloaded more than 100 eggs into the pit, buried its treasure with frenzied feet and returned to the sea, as slowly as it had come. It was the rare sort of scene for which travelers havelong ventured to better-known destinations in Mexico experience.

In recent years, the country has become a tourist destination. Madera Beach, near San Juandel Sur, has become one of Nicaragua's top surfing spots. Local talent now shares the scene with the U.S. surfers who popularized the sport there.

San Juan del Sur has undergone a dramatic transformation since surfers began arriving in the mid-1990s.Slowly, the town has been reborn as the country's hottest travel destination, popular with Nicaraguan vacationers during Easter and to growing numbers of foreign tourists year-round.

Nicaragua rising: War-torn image gets a touristmakeover
By Laura Bly, USA TODAY

SAN JUAN DEL SUR, Nicaragua — Long branded the black sheep of Central America, Nicaragua is working hard to erase its 1980s reputation as a war-torn outpost where gringos were more likely to encounter Kalashnikov-toting
campesinos than a comfortable hotel.

Back in San Juan del Sur, efforts to create a marine park in the nearby waters are proceeding carefully, says Colin Pope, Canadian general manager of Scuba Shack, a diving and surfing shop that opened here a few months ago.

San Juan del Sur's Sandinista mayor, Eduardo Holmann, who spoke at the recent town meeting in support of efforts to strengthen andclarify existing legislation guaranteeing public beach access, is optimistic. The Notre Dame graduate has won praise for enacting a law that limits the height of new buildings to three stories, and for a successful, ongoing campaign to clean the town's wide, half-moon beach every morning. An old fish processing plant has been turned into a cultural center, and there's talk of building a new boardwalk.

The country's political agenda "is not Robin Hood robbing the rich to feed the poor," Holmann says. But "tourism comes with a responsibility to nature and to the people."

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New York Times - December 17, 2006
The Rediscovery of Nicaragua - By GREGORY DICUM
So for now, this is still Nicaragua. If you descend the hill from Pelican Eyes and pass its guardhouse at the foot of the drive, the road is pocked and broken. Shanties cluster at its side. Yet toward the water, San Juan del Sur retains an attractive character. It’s a mellow seaside town where blond surfers stroll obliviously past a Sandinista rally, with loudspeakers blaring revolutionary songs.

This town of brightly painted wooden houses with red metal roofs is fronted by a wide, pretty beach. At the open-air restaurants there, you can relax with a setup that includes a bottle of fine, clean Flor de Caña rum, a bucket of ice, a few bottles of Coke and a dish of limes.

You can walk out for a dip in the warm, shallow water from time to time, then return to the restaurant and snack on salty fried cheese and sweet maduros (fried ripe bananas) as you watch kids play soccer on the beach. Boats bob just behind the soft, curling surf.
http://travel.nytimes.com//2006/12/17/travel/17Nicaragua.htm
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Investors in Nicaragua banking on Ortega - Eric Sabo, Chronicle Foreign Service
Monday, January 15, 2007
After nearly 17 years out of office and three consecutive election defeats, Ortega was sworn in last week to lead a country that has largely grown out of its revolutionary past. Ortega himself says he has changed from the days when he imposed a state-run economy, nationalized properties to give to landless peasants and fought U.S.-backed Contra fighters. In fact, he has courted nervous foreign investors by promising to respect private property and continue free-trade agreements. As a result, there have been few signs of investor flight.

"There is not even a thought of confiscations," Ortega told a group of business leaders at an October meeting at his Managua home, which included Christopher. "Foreign investment will help reduce our unemployment problem."

The World’s best-kept Retirement Secret
The war is long over, but the bad rap remains. Today's Nicaragua is an inexpensive paradise eager to welcome expatriates.

By International Living
Nicaragua is virtually unknown to most people and usually misunderstood, which is why forward-thinking investors can find some of the best real-estate deals on Earth in this country.

For the record, Nicaragua is not in the midst of a civil war, and it's not a communist state. The country has, however, suffered from a serious case of bad press.

Nicaragua is one of the most beautiful countries in all the Americas. It boasts a dramatic Pacific coastline; long, gentle Caribbean beaches, volcanoes and freshwater lakes dot the hilly inland. Colonial cities like Granada and León offer visitors a taste of days gone by, while Managua, the capital, is rapidly becoming a real first-world city.

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Safe and stunning
Nicaragua is a nation at peace. Its government is democratically elected, committed to a free-market economy and eager to attract foreign investors. A recent study by the Inter-American Institute on Human Rights and a survey of police forces in the Americas show that Nicaragua is the safest country in Central America and one of the safest countries in the world. Recent studies also point to Nicaragua's low reported crime rate -- lower than in Germany, France or the U.S.

In September 1999, Nicaragua enacted the most attractive -- and most aggressive -- tourism-incentive law in Latin America.

Nicaragua is hard to beat. The country's retiree incentive program is much like Costa Rica's was in the 1980s, attracting thousands of expatriates.

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By Andrea Petersen
From The Wall Street Journal Online
June 22, 2004 –

As legions of baby boomers prepare to retire and relocate to warmer climates, a widening range of Central American countries are vying to be their new home. While places like Costa Rica, Mexico and Belize have long lured U.S. retirees with pristine beaches and cheap living, prices in those countries have risen sharply during recent years. As a result, a new breed of intrepid retirees is branching out to countries including Panama, Honduras and Nicaragua. These countries, in turn, are rolling out the welcome mat in an attempt to snare Americans' retirement dollars.

Countries like Costa Rica have been so successful at luring retirees, it's starting to eliminate some of the perks it once offered to lure Americans. "We used to have incentives, but today there are not many," says Alejandro Cedeno, minister counselor and consul general at the Embassy of Costa Rica in Washington, D.C. Next door in Nicaragua, real-estate agents say that Costa Rica's cooler eception is partly what is driving some retirees to consider the formerly war-torn country. The expat community is small and residential communities are just getting off the ground.
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