While
many in the United States look toward retirement with trepidation,
those familiar with Nicaragua look toward retirement with excitement.
After all, what could be more exciting than spending one’s golden years in paradise?
Those
familiar with Nicaragua know that it truly is a paradise—with something
special for every taste and desire. From sundrenched beaches to verdant
rainforests; from active volcanoes to immense fresh water lakes; from
charming colonial towns to pristine secluded islands. Nicaragua truly
has it all.
Not only can you find a lifestyle that by most
objective measures surpasses the lifestyle in North America, you can
have it at a fraction of the price.
And now, a new law in Nicaragua has made it even better!
On
June 18, 2009 the assembly passed a new law especially for retirees.
Nicaraguan law 694 creates a retirement program that is second to none
in the region.
Those with retirements from a public or private
institution are eligible to retire in Nicaragua with only $600 in
monthly pension. Those with income from a stable source such as
dividends are eligible with just $750 per month. Furthermore, the
retiree’s spouse, children and parents are also eligible for just $150
per person.
Retirees are allowed to import all household goods
up to $20,000 completely free of import taxes. Vehicles for personal
use up to a value of $25,000 may be imported every four years
completely free of import or sales tax. In addition, if the vehicle is
stolen or destroyed in the four-year period the retiree can import a
replacement car completely free of tax.
Retirees are also
granted a one-time exemption for sales tax (IVA) on up to $50,000 worth
of construction materials, perfect for building one’s house in
paradise. Astonishingly, retirees are also granted a tax exemption up
to $200,000 for professional or scientific items, provided they are
used for the benefit of Nicaraguan society. The warmth of the
Nicaraguan people is legendary. Now you can help those in your adopted
home country and realize enormous tax savings as well.
Retirees
are also given tax exemptions for car rentals (with a Nicaraguan
driver’s license) used for tourism purposes. Better yet, this benefit
extends to one’s entire family as well.
To
qualify, the retiree must provide basic documents such as proof of
income, birth certificate, copy of passport, passport photos, a letter
of health from one’s family doctor, marriage certificate if applicable,
a clean criminal record and a list of household items and the vehicle
to be imported. For retirees (and aspiring retirees) seeking an
unsurpassed lifestyle, these simple documents will pave the way to
paradise in Nicaragua.
After all, what is the benefit of hard
work if it does not improve your station in life? You deserve to live
the future of your dreams. Now it’s within your reach. Those familiar
with Nicaragua know that the best is yet to come.
Get to know the New Nicaragua, where you can celebrate your golden years in style!
Sincerely,
Kevin I. Fleming
Chairman, Grupo Mariana Family of Resorts
(888) 484-4425 North America
(786) 245-6535 US Direct
(505) 2-276-5938 Nicaragua Office Tel
www.grupomariana.cominfo@grupomariana.com