Nicaragua - People and places: The World’s 8 Best Places to Retire in 2014 - On Retirement (usnews.com)

The World’s 8 Best Places to Retire in 2014 - On Retirement (usnews.com)


The World's 8 Best Places to Retire in 2014

December 31, 2013 RSS Feed Print
Kathleen Peddicord

If you could retire anywhere in the world, where would you go? As we find ourselves at the beginning of a brand new year, that's a question worth asking. The very good news is that we are living in a time when it's not only possible, but easier than ever to launch the retirement adventure of your fondest day dreams almost anywhere on earth that appeals to you.
Specifically, here are the best, most comfortable, affordable, convenient and rewarding spots worldwide for retirement in 2014. Which one is calling your name?
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7. Granada, Nicaragua
Monthly budget: $1,300
Monthly rent: $500
Geographically, Nicaragua is blessed, with two long coastlines and two big lakes, plus volcanoes, highlands, rain forest and rivers. In this regard, it's got everything Costa Rica and Panama have got, all less discovered and developed and available for the adventurer and eco-traveler at bargain rates.
Architecturally, too, Nicaragua is notable. Its two sister colonial cities, Granada and Leon, vie for the title of Oldest City in the Americas. Whichever story you believe (that the Spanish conquistadores settled first on the shores of Lake Nicaragua at Granada or, perhaps, a few months earlier in Old Leon), Nicaragua is the big winner, with impressive colonial-era churches, public buildings and parks to her credit.
Property values have fallen significantly in this country over the past several years, thanks to the re-election of Sandinista President Daniel Ortega and the global recession, which has hit this country hard. As a result, you can buy a house on Nicaragua's Pacific coast for less than $100,000.
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Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group. With more than 28 years experience covering this beat, Kathleen reports daily on current opportunities for living, retiring and investing overseas in her free e-letter. Her newest book, "How To Buy Real Estate Overseas", published by Wiley & Sons, is the culmination of decades of personal experience living and investing around the world.