As the US economy continues to decline Americans are being forced to change the way they handle their dollars as they slide in value against the British pound and the Euro. As businesses buckle down to face the brunt of a world recession many are left wondering how the US is going to weather the storm and if, when the dark clouds of decline finally rise, the economy will be able to recover.

Many businesses have already taken steps to recession-proof themselves by trying to draw in foreign sales. In recent article from Business Week it was stated that “the strongest U.S. companies may be the ones with the biggest footprint abroad.” By having their fingers in multiple Read more

If you plan on staying in Nicaragua just a short time, there is no need to think about residency. If you are making a permanent move however, you may want to try and get your residency in order to avoid excesses fees and issues of legality.

There are three possible statuses attainable for those not born in Nicaragua: temporary resident, permanent resident and citizen. A temporary resident gets a cédula, which is the standard Nicaraguan ID card that must be renewed yearly. A permanent resident gets the same cédula, but only has to renew every five years. A citizen receives both a cédula and passport.

The requirements for residency depend on the reason for residency; whether you Read more

There has never been a better time to purchase real estate in Nicaragua. Currently the country boasts some of the best prices for the nicest plots of land in Central America. Dubbed “the new Costa Rica” by many, Nicaragua has been receiving more and more attention from foreign investors. There are, of course, a few things you need to watch out for when purchasing property.

When the Sandinista government was still in control the enacted a program called Agrarian Reform, where properties were unjustly taken from their rightful owners and redistributed. Now, the original owners are looking to get their land back, and there are still many unresolved property disputes.

That is why it is best to Read more